SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Sei Institutional Investments Trust – ‘485BPOS’ on 12/30/96

As of:  Monday, 12/30/96   ·   Effective:  12/30/96   ·   Accession #:  893220-96-2112   ·   File #s:  33-58041, 811-07257

Previous ‘485BPOS’:  None   ·   Next:  ‘485BPOS’ on 9/29/97   ·   Latest:  ‘485BPOS’ on 9/28/23

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

12/30/96  Sei Inst’l Investments Trust      485BPOS    12/30/96   12:275K                                   Bowne - Bop/FA

Post-Effective Amendment
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485BPOS     Amend.No 1 to Form N-1A Sei Iit                      101±   414K 
 9: EX-27.1     FDS - Large Cap Fusd                                   2±    10K 
10: EX-27.2     FDS - Small Cap Fund                                   2±    10K 
11: EX-27.3     FDS - Core Fixed Income Fund                           2±    10K 
12: EX-27.4     FDS - International Equity                             2±    10K 
 7: EX-99.B11   Consent of Independent Public Accountants              1      8K 
 8: EX-99.B24   Powers of Attorney                                     8     26K 
 2: EX-99.B5(AA)  Form of Investment Advisory Agreement                6     26K 
 3: EX-99.B5(BB)  Invest.Sub-Advisory Agreement/1838                   6     26K 
                          Invest.Advisors                                        
 4: EX-99.B5(CC)  Invest.Sub-Advisory Agreement/Acadian Asset Mgmt     6     26K 
 5: EX-99.B5(DD)  Invest.Sub-Advisory Agreement/Alliance Capital       6     26K 
                          Mgt                                                    
 6: EX-99.B5(EE)  Invest.Sub-Advisory Agrmnt/Apodaca-Johnston          6     27K 


485BPOS   —   Amend.No 1 to Form N-1A Sei Iit
Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
43Item 24. Financial Statements and Exhibits:
45Item 26. Number of Holders of Securities
"Item 27. Indemnification:
"Item 28. Business and Other Connections of Money Managers:
51Item 29. Principal Underwriters:
53Item 30. Location of Accounts and Records:
55Item 31. Management Services:
56Item 32. Undertakings:
485BPOS1st “Page” of 61TOCTopPreviousNextBottomJust 1st
 

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 30, 1996 File No. 33-58041 File No. 811-7257 -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 POST-EFFECTIVE AMENDMENT NO.1 [X] and REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 AMENDMENT NO. 3 [X] SEI INSTITUTIONAL INVESTMENTS TRUST (Exact Name of Registrant as Specified in Charter) c/o The CT Corporation System 2 Oliver Street Boston, Massachusetts 02109 (Address of Principal Executive Offices, Zip Code) Registrant's Telephone Number, including Area Code 610-989-1000 DAVID G. LEE C/O SEI INVESTMENTS COMPANY 530 EAST SWEDESFORD ROAD WAYNE, PENNSYLVANIA 19087 (Name and Address of Agent for Service) Copies to: RICHARD W. GRANT, ESQUIRE JOHN H. GRADY, JR., ESQUIRE MORGAN, LEWIS & BOCKIUS LLP MORGAN, LEWIS 2000 ONE LOGAN SQUARE 1800 M STREET, N.W. PHILADELPHIA, PENNSYLVANIA 19103 WASHINGTON, D.C. 20036 -------------------------------------------------------------------------------- It is proposed that this filing will become effective (check appropriate box): X immediately upon filing pursuant to paragraph (b) ___ ___ on [date] pursuant to paragraph (b) ___ 60 days after filing pursuant to paragraph (a) ___ on [date] pursuant to paragraph (a)(1) of Rule 485 ___ 75 days after filing pursuant to paragraph (a)(2) Pursuant to the provisions of Rule 24f-2 under the Investment Act of 1940, an indefinite number of units of beneficial interest is being registered by this Registration Statement.
485BPOS2nd “Page” of 61TOC1stPreviousNextBottomJust 2nd
SEI INSTITUTIONAL INVESTMENTS TRUST CROSS REFERENCE SHEET [Enlarge/Download Table] N-1A ITEM NO. LOCATION PART A - LARGE CAP, SMALL CAP, CORE FIXED INCOME, HIGH YIELD BOND, INTERNATIONAL FIXED INCOME, EMERGING MARKETS EQUITY AND INTERNATIONAL EQUITY FUNDS Item 1. Cover Page Cover Page Item 2. Synopsis Annual Operating Expenses Item 3. Condensed Financial Information Financial Highlights Item 4. General Description of Registrant The Trust; Investment Objectives and Policies; General Investment Policies; Description of Permitted Investments and Risk Factors Item 5. Management of the Fund General Information-Trustees of the Trust; The Money Managers; General Management of the Funds Item 5a. Management Discussion and Analysis * Item 6. Capital Stock & Other Securities General Information-Voting Rights, Shareholder Inquiries, Dividends; Taxes Item 7. Purchase of Securities Being Offered Purchase and Redemption of Shares Item 8. Redemption or Repurchase Purchase and Redemption of Shares Item 9. Pending Legal Proceedings * PART B - ALL FUNDS Item 10. Cover Page Cover Page Item 11. Table of Contents Table of Contents Item 12. General Information & History The Trust Item 13. Investment Objectives & Policies Investment Objectives and Policies; Investment Limitations; Securities Lending Item 14. Management of the Registrant Trustees and Officers of the Trust (Prospectus); The Manager and Shareholder Servicing Agent Item 15. Control Persons & Principal Holders of Trustees and Officers of the Trust Securities (Prospectus) Item 16. Investment Advisory & Other Services General Management of the Funds (Prospectus); The Money Managers (Prospectus); The Manager; Distribution; Counsel & Independent Public Accountants Item 17. Brokerage Allocation Fund Transactions Item 18. Capital Stock & Other Securities Description of Shares Item 19. Purchase, Redemption, & Pricing of Securities Purchase and Redemption of Shares (Prospectus) Being Offered Determination of Net Asset Value Item 20. Tax Status Taxes (Prospectus); Taxes Item 21. Underwriters Distribution Item 22. Calculation of Yield Quotation Performance Item 23. Financial Statements Financial Statements PART C Information required to be included in Part C is set forth under the appropriate item, so numbered, in Part C of this Registration Statement. * Not Applicable
485BPOS3rd “Page” of 61TOC1stPreviousNextBottomJust 3rd
The Prospectus and Statement of Additional Information for the Large Cap Fund, Small Cap Fund, Core Fixed Income Fund, High Yield Bond Fund, International Fixed Income Fund, Emerging Markets Equity Fund and International Equity Fund included as part of Pre-Effective Amendment No. 2 to the Registrant's Registration Statement on Form N-1A (File No. 33-58041) filed with the Securities and Exchange Commission on June 7, 1996 are hereby incorporated by reference as if set forth in full herein.
485BPOS4th “Page” of 61TOC1stPreviousNextBottomJust 4th
SEI INSTITUTIONAL INVESTMENTS TRUST LARGE CAP FUND SMALL CAP FUND CORE FIXED INCOME FUND INTERNATIONAL EQUITY FUND SUPPLEMENT DATED DECEMBER 30, 1996 TO THE PROSPECTUS DATED JUNE 14, 1996 This Supplement provides new and additional information beyond that contained in the Prospectus, and should be read in conjunction with such Prospectus. The Prospectus dated June 14, 1996 is hereby amended by the addition of the following unaudited financial information for the Funds for the period ended November 30, 1996. FINANCIAL HIGHLIGHTS The following table provides unaudited financial highlights for the Funds for the period from June 14, 1996 (commencement of operations) through November 30, 1996, for a share outstanding throughout the period. As of the date of this supplement, the High Yield Bond, International Fixed Income and Emerging Markets Equity Funds had not commenced operations. [Enlarge/Download Table] Net Asset Net Realized Distri- Distri- Net Total Net Ratio of Value Investment and butions butions Asset Return Assets Expenses Beginning of Income Unrealized from Net from Value End of to Average Period Gains or Invest- Realized End of Period Net (Losses) on ment Capital Period (000) Assets Securities Income Gain Large Cap $10.00 $0.08 $1.38 $(0.05) - $11.41 14.67% $286,018 0.34% Fund(1) Class A 1996 Small Cap $10.00 $0.02 $0.17 $(0.01) - $10.18 1.94% $ 81,201 0.60% Fund(1) Class A 1996 Core Fixed $10.00 $0.31 $0.44 $(0.31) - $10.44 7.57% $183,914 0.21% Income Fund(1) Class A 1996 International $10.00 $0.04 $0.27 - - $10.31 3.10% $374,675 0.63% Equity Fund(1) Class A 1996 [Download Table] Ratio of Ratio of Ratio of Portfolio Average Net Expenses Net Turnover Comm- Income to Average Investment Rate ission to Net Assets Income to Rate Average (Excluding Average Net Waivers) Net Assets Assets (Excluding Waivers) Large Cap 1.64% 0.51% 1.47% 35% $0.049 Fund(1) Class A 1996 Small Cap 0.56% 0.78% 0.38% 81% $0.055 Fund(1) Class A 1996 Core Fixed 6.60% 0.41% 6.40% 114% - Income Fund(1) Class A 1996 International 1.22% 0.83% 1.02% 64% $0.018 Equity Fund(1) Class A 1996 +Average commission rate paid per share for security purchases and sales during the period. (1) The Funds commenced operations on June 14, 1996. All ratios except total return have been annualized. --------------- At a meeting held on December 9-10, 1996, the Board of Trustees of SEI Institutional Investments Trust (the "Trust"), including all of the Trustees who are not "interested persons" of the Trust, voted to make certain changes to the sub-adviser (the "Money Managers") for the Small Cap Fund and the International Equity Fund. Effective upon shareholder approval, LSV Asset Management ("LSV") will be added as a new Money Manager to the Small Cap Fund. In addition, effective on January 1, 1997, Lazard London International Investment Management Limited ("Lazard") will serve as a Money Manager to the International Equity Fund, replacing Morgan Grenfell Investment Services Limited ("Morgan Grenfell"). This appointment of does not require shareholder approval. This procedure for adding or replacing Money Managers was authorized by an exemptive order issued to the Trust by the Securities and Exchange Commission on April 29, 1996, and approved by the Trust's sole shareholder on June 14, 1996. ---------------
485BPOS5th “Page” of 61TOC1stPreviousNextBottomJust 5th
In evaluating Lazard ("Lazard" or the "Money Manager"), the Trustees received written and oral information from both SEI Financial Management Corporation ("SFM") and Lazard. SFM recommended the selection of the Money Manager and reviewed the considerations and the search process that led to their recommendation. The Trustees also met with representatives of the Money Manager and considered information about portfolio managers, investment philosophy, strategies and process, as well as performance track record, among other factors. In appointing Lazard, the Trustees carefully evaluated: (1) the nature and quality of the services expected to be rendered to the International Equity Fund (the "Fund") by the Money Manager; (2) the distinct investment objective and policies of the Fund; (3) the history, reputation, qualification and background of the personnel of the Money Manager, and its financial condition; (4) its performance record; and (5) other factors deemed relevant, including the impact on SFM's profitability. Trustees also reviewed the fees to be paid to the Money Manager, including any benefits to be received by the Money Manager, or its affiliates in connection with soft dollar arrangements. The Trustees of the Trust voted to replace Morgan Grenfell based on the firm's long-term performance record and an assessment by the Adviser that Morgan Grenfell's investment style was no longer suitable for the Fund. Under the Investment Sub-Advisory Agreement (the "Sub-Advisory Agreement") between SFM (the "Adviser") and Lazard, relating to the International Equity Fund, the Money Manager makes investment decisions for the assets of the Fund allocated to it by SFM, and continuously reviews, supervises and administers the Fund's investment programs with respect to these assets. Lazard discharges its responsibilities subject to the supervision of SFM and the Trustees of the Trust and in a manner consistent with the Fund's investment objective, policies and limitations. The Sub-Advisory Agreement is substantially similar to those in existence between the Adviser and the Trust's other money managers. Specifically, the duties to be performed under each Agreement are similar, and the standard of care and termination provisions of the Agreement are identical, to the other agreements. The Sub-Advisory Agreement will remain in effect until January 1999 (unless earlier terminated) and will have to be approved annually thereafter by a majority of the Trust's Trustees, including a majority of the Trustees who are not "interested persons" of the Trust (as defined in the Investment Company Act of 1940). In connection with the appointment of Lazard as Money Manager to the International Equity Fund, "The Money Managers" section of the Prospectus is amended and the following disclosure is inserted: LAZARD LONDON INTERNATIONAL INVESTMENT MANAGEMENT LIMITED Lazard London International Investment Management Limited ("Lazard") serves as Money Manager to a portion of the assets of the International Equity Fund. Lazard is a registered investment adviser with its principal business address at 21 Moorfields, London, England EC2P 2HT. Lazard was founded in 1980. Lazard is a wholly-owned subsidiary of Lazard Holdings Limited, which is a holding company wholly-owned by Lazard Brothers and Co., Limited, an English merchant bank whose principal business address is 21 Moorfields, London, England EC2P 2HT. Lazard offers international investment services to clients of Lazard Brothers Asset Management Limited ("LBAM"), which is also wholly-owned by Lazard Holdings Limited. Lazard and LBAM manage domestic (UK) portfolios and international portfolios for institutions and private clients, including insurance funds, pension funds, charities and mutual funds. As of September 30, 1996, Lazard and LBAM had approximately $6 billion in assets under management. Mr. Dino Fuschillo, Director of Lazard, has primary responsibility for the day-to-day management of the portion of the International Equity Fund's assets managed by Lazard. Mr. Fuschillo, the dual employee of Lazard and LBAM, joined LBAM in 1989, and has specialized in European equity management ever since. The Adviser will pay Lazard a fee based on a percentage of the average monthly market value of the assets of the Fund managed by Lazard. Listed below are the names and principal occupations of the principal executive officer and each of the directors of Lazard. The principal business address of the principal executive officer and each of the directors, as it relates to their position at Lazard, is 21 Moorfields, London, England EC2P 2HT. [Download Table] NAME POSITION ---- -------- Tom Cross Brown Chairman and Chief Executive Officer Andrew Parry Chief Investment Officer Michael Barnes Director 2
485BPOS6th “Page” of 61TOC1stPreviousNextBottomJust 6th
[Download Table] NAME POSITION ---- -------- Victor Cazalet Director Dino Fuschillo Director Hubert Heilbronn Director Keith Jecks Director Nicholas Parkes Director Patrick Shine Director Francois Voss Director Lazard does not serve as an investment adviser or sub-adviser to any other U.S. registered investment company. --------------- At the same meeting of the Board, LSV, which already serves as a Money Manager to the Trust's Large Cap Fund, was recommended, subject to approval of the shareholders of the Fund, for appointment as a Money Manager to the Trust's Small Cap Fund (the "Fund"). At a meeting scheduled for February 28, 1997, Shareholders of the Fund will be asked to vote to approve the appointment of LSV as a Money Manager to the Fund. In addition, Shareholders will be asked to approve a new investment sub-advisory agreement between LSV and SEI Financial Management relating to the Fund. --------------- Also at the December 9-10 Board Meeting, the Board of Trustees of the Trust, including all of the Trustees who are not "interested persons" of the Trust (the "Board of Trustees"), voted to terminate Apodaca-Johnston Capital Management, Inc. ("Apodaca") as a Money Manager to the Small Cap Fund, effective December 15, 1996. This termination, which came as a result of the departure from Apodaca of the person performing day-to-day portfolio management for the Fund. --------------- Effective November 1, 1996, Merus-UCA Capital Management, the investment Money Manager to the Large Cap Fund, changed its name to Pacific Alliance Capital Management. The prospectus is hereby amended to reflect this name change. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE 3
485BPOS7th “Page” of 61TOC1stPreviousNextBottomJust 7th
SEI INSTITUTIONAL INVESTMENTS TRUST LARGE CAP FUND SMALL CAP FUND CORE FIXED INCOME FUND INTERNATIONAL EQUITY FUND SUPPLEMENT DATED DECEMBER 30, 1996 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED JUNE 14, 1996 The Statement of Additional Information for the Trust is hereby amended and supplemented by the following unaudited financial statements for the Large Cap, Small Cap, Core Fixed Income and International Equity Funds for the period from June 14, 1996 (commencement of operations) through November 30, 1996, along with the note to the financial statements for each Fund. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE C-1
485BPOS8th “Page” of 61TOC1stPreviousNextBottomJust 8th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) LARGE CAP FUND -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- COMMON STOCKS -- 99.3% AEROSPACE & DEFENSE -- 0.4% General Motors, Cl H 9,600 $ 523 Martin Marietta Materials 6,900 162 Thiokol 9,000 414 ------- 1,099 ------- AIR TRANSPORTATION -- 0.5% AMR* 7,300 666 Delta Air Lines 4,700 354 UAL* 7,500 431 ------- 1,451 ------- AIRCRAFT -- 1.5% Allied Signal 24,100 1,765 Boeing 6,200 616 Lockheed Martin 5,253 476 McDonnell Douglas 7,300 386 Rockwell International 7,900 508 United Technologies 4,100 575 ------- 4,326 ------- APPAREL/TEXTILES -- 0.5% Springs Industries, Cl A 8,200 381 Tommy Hilfiger* 7,500 405 U.S. Industries* 14,500 428 VF 3,300 224 ------- 1,438 ------- AUTOMOTIVE -- 0.9% Chrysler 59,400 2,109 Genuine Parts 9,300 418 Paccar 1,700 113 ------- 2,640 ------- BANKS -- 9.5% Amsouth Bancorp 25,100 1,252 Astoria Financial 10,300 389 Banc One 22,000 1,048 Bank of Boston 10,400 727 BankAmerica 30,900 3,183 Bankers Trust New York 5,500 478 Chase Manhattan 32,500 3,071 Citicorp 3,900 426 Comerica 10,100 591 First Chicago 34,500 2,027 First Union 23,500 1,795 First Virginia 10,100 491 Fleet Financial Group 14,300 792 Golden West Financial 6,200 418 H.F. Ahmanson 15,000 495 JP Morgan 14,400 1,359 National City 10,000 464 NationsBank 20,300 $ 2,104 Norwest 9,400 439 Republic New York 15,500 1,368 Southtrust 33,900 1,206 Star Banc 5,900 548 SunTrust 11,800 599 Union Planters 15,100 625 US Bancorp 11,500 492 Wachovia 8,600 516 Washington Mutual 3,800 165 ------- 27,068 ------- BEAUTY PRODUCTS -- 1.1% Colgate-Palmolive 19,000 1,760 International Flavors & Fragrances 6,500 296 Procter & Gamble 11,250 1,223 ------- 3,279 ------- BROADCASTING, NEWSPAPERS & ADVERTISING -- 0.6% British Sky Broadcasting, ADR* 14,500 758 Cox Communications* 38,000 779 Tele-Communications, Cl A* 15,000 202 ------- 1,739 ------- BUILDING & CONSTRUCTION -- 0.3% Centex 10,900 392 Fluor 6,100 415 ------- 807 ------- CHEMICALS -- 2.6% Betz Laboratories 6,400 370 BF Goodrich 23,700 1,064 E.I. DuPont de Nemours 4,300 405 IMC Fertilizer Group 8,650 312 Monsanto 57,500 2,286 Morton International 9,800 396 PPG Industries 9,300 570 Praxair 12,800 622 Rhone-Poulenc Rorer 6,500 483 Rohm & Haas 4,600 366 Union Carbide 8,100 374 Witco 10,100 307 ------- 7,555 ------- COMMUNICATIONS EQUIPMENT -- 1.1% ADC Telecommunications* 9,800 355 Andrew* 8,100 469 Ascend Communications* 8,000 569 GTE 16,600 745 Nokia 15,200 853 Vishay Intertechnology* 10,100 212 ------- 3,203 ------- 1
485BPOS9th “Page” of 61TOC1stPreviousNextBottomJust 9th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) LARGE CAP FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- COMPUTERS & SERVICES -- 4.7% Ceridian* 11,300 $ 544 Cisco Systems* 51,900 3,523 Compaq Computer* 69,200 5,484 Dell Computer* 15,300 1,555 Hewlett Packard 1,800 97 IBM 7,200 1,147 Minnesota Mining & Manufacturing 9,100 762 Silicon Graphics* 12,400 246 ------- 13,358 ------- CONTAINERS & PACKAGING -- 0.5% Ball 3,900 96 Crown Cork & Seal 18,800 996 Owens-Illinois* 13,600 252 ------- 1,344 ------- DRUGS -- 7.3% Abbott Laboratories 20,100 1,121 Amgen* 48,900 2,977 Bristol-Myers Squibb 24,100 2,741 Centocor * 21,000 580 Elan, ADR* 13,058 388 Eli Lilly 12,100 926 Merck 67,300 5,586 Pfizer 51,300 4,598 Pharmacia & Upjohn 7,100 274 Schering Plough 20,100 1,432 Smithkline Beecham 5,600 386 ------- 21,009 ------- ELECTRICAL SERVICES -- 3.5% Baltimore Gas & Electric 33,200 925 Central & South West 17,800 476 Consolidated Edison of New York 19,600 568 DQE 16,600 490 DTE Energy 20,700 662 Duke Power 6,100 283 Edison International 36,900 733 Entergy 21,400 580 Illinova 9,900 262 National Service Industries 10,400 364 Ohio Edison 5,500 126 Pinnacle West Capital 41,300 1,285 Portland General 10,600 456 TECO Energy 14,300 349 Texas Utilities 31,600 1,248 Unicom 28,200 751 Wisconsin Energy 17,800 476 ------- 10,034 ------- ENTERTAINMENT -- 1.5% Bally Entertainment* 16,400 $ 478 Bally Total Fitness* 2,100 12 King World Productions* 9,000 343 Liberty Media Group, Cl A* 39,000 975 Mirage Resorts* 27,400 661 Walt Disney 26,100 1,925 ------- 4,394 ------- ENVIRONMENTAL SERVICES -- 0.5% Browning-Ferris Industries 4,400 118 Republic Industries * 19,600 654 USA Waste Services* 20,800 671 ------- 1,443 ------- FINANCIAL SERVICES -- 4.4% Alex Brown 4,700 283 American Express 21,800 1,140 Bear Stearns 25,600 704 Beneficial 4,100 255 Dean Witter Discover 14,500 991 FHLMC 6,100 697 First USA 16,510 543 FNMA 68,600 2,830 Green Tree Financial 18,200 762 Lehman Brothers Holding 14,000 408 MBNA 44,900 1,813 Merrill Lynch 19,700 1,581 Salomon 4,700 214 Textron 5,000 477 ------- 12,698 ------- FOOD, BEVERAGE & TOBACCO -- 2.0% American Brands 9,300 444 Anheuser Busch 15,700 665 Campbell Soup 23,200 1,917 Coca-Cola 9,200 415 General Mills 10,800 686 HJ Heinz 7,300 276 IBP 12,400 307 Nabisco Holdings, Cl A 19,500 756 Sara Lee 8,500 334 ------- 5,800 ------- GAS/NATURAL GAS -- 1.4% Consolidated Natural Gas 14,900 851 Enron 7,600 348 National Fuel & Gas 10,900 465 Nicor 5,300 195 Noram Energy 44,300 687 Oneok 12,300 338 Panenergy 11,100 488 Williams 10,400 584 ------- 3,956 ------- 2
485BPOS10th “Page” of 61TOC1stPreviousNextBottomJust 10th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- HOTELS & LODGING -- 0.9% Circus Circus Enterprises* 8,600 $ 314 HFS* 21,000 1,360 La Quinta Inns 43,000 828 ------- 2,502 ------- HOUSEHOLD FURNITURE & FIXTURES -- 0.1% Leggett & Platt 6,300 193 ------- HOUSEHOLD PRODUCTS -- 2.4% Clorox 3,100 323 General Electric 34,800 3,619 Illinois Tool Works 13,750 1,179 Maytag 19,500 373 Sherwin-Williams 5,400 306 Solectron* 15,175 888 Sunbeam 10,000 276 ------- 6,964 ------- INSURANCE -- 7.5% Allstate 22,600 1,362 American General 20,000 822 American International Group 17,100 1,966 Cigna 6,800 961 Everest Reinsurance Holdings 11,100 312 Exel 20,100 761 Jefferson-Pilot 5,400 314 Lincoln National 4,900 264 Loew's 5,200 482 Marsh & McLennan 7,100 805 MGIC Investment 6,300 472 NAC Re 8,000 292 Old Republic International 31,600 857 Oxford Health Plans* 35,200 2,042 Pacificare Health Systems, Cl B* 3,400 282 PMI Group 15,000 870 Progressive of Ohio 4,300 300 Providian 13,600 728 Safeco 18,800 783 St. Paul 11,400 671 TIG Holdings 19,750 602 Transamerica 5,400 429 Travelers 62,966 2,833 Travelers/Aetna Property Casualty 8,600 297 United Healthcare 8,400 362 UNUM 15,700 1,117 US Life 12,100 374 ------- 21,360 ------- LEASING & RENTING -- 0.2% Comdisco 16,800 546 ------- LUMBER & WOOD PRODUCTS -- 0.9% Clayton Homes 13,200 $ 214 Georgia-Pacific 11,800 858 Louisiana-Pacific 16,000 362 Weyerhaeuser 22,700 1,044 ------- 2,478 ------- MACHINERY -- 2.6% Baker Hughes 11,000 403 Black & Decker 15,200 576 Caterpillar 21,700 1,717 Cincinnati Milacron 2,300 48 Cummins Engine 7,900 357 Deere 15,350 685 Dresser Industries 10,100 331 Emerson Electric 6,200 608 Global Industries Technologies* 15,700 322 Harnischfeger Industries 19,100 848 NACCO Industries, Cl A 2,100 100 Tenneco 5,900 301 Timken 2,900 132 Tyco Labs 17,400 953 ------- 7,381 ------- MARINE TRANSPORTATION -- 0.2% Carnival 15,000 474 ------- MEASURING DEVICES -- 0.6% Perkin Elmer 10,000 616 Thermo Electron* 11,300 410 Wheelabrator Technologies 36,500 598 ------- 1,624 ------- MEDICAL PRODUCTS & SERVICES -- 2.7% Baxter International 4,700 200 Becton, Dickinson 19,700 827 Boston Scientific* 22,000 1,284 Columbia/HCA Healthcare 40,700 1,628 Healthsouth Rehabilitation* 23,700 892 Medtronic 35,300 2,334 Universal Health Services, Cl B* 15,200 429 ------- 7,594 ------- METALS & MINING -- 0.2% Phelps Dodge 3,000 218 Vulcan Materials 6,000 373 ------- 591 ------- 3
485BPOS11th “Page” of 61TOC1stPreviousNextBottomJust 11th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) LARGE CAP FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- MISCELLANEOUS BUSINESS SERVICES -- 7.4% 3Com* 23,600 $ 1,773 Altera* 16,500 1,246 Automatic Data Processing 9,100 390 Cabletron Systems* 7,400 299 Computer Associates International 26,367 1,734 Computer Sciences* 8,300 653 CUC International* 22,650 597 Electronic Data Systems 29,900 1,446 First Data 66,900 2,668 Harris 7,300 500 HBO 8,900 506 Informix* 22,000 522 Microsoft* 22,800 3,577 Pitney Bowes 14,500 855 Netscape Communications* 6,300 352 Oracle Systems* 83,100 4,072 ------- 21,190 ------- MISCELLANEOUS CONSUMER SERVICES -- 0.2% Accustaff* 6,800 138 Service International 14,000 422 ------- 560 ------- OFFICE FURNITURE & FIXTURES -- 0.1% Lear* 4,400 158 ------- PAPER & PAPER PRODUCTS -- 1.2% Adolph Coors, Cl B 12,200 242 Champion International 6,300 271 International Paper 32,100 1,364 Kimberly-Clark 11,150 1,090 Mead 4,300 255 Union Camp 4,800 236 ------- 3,458 ------- PETROLEUM & FUEL PRODUCTS -- 1.9% Apache 16,000 582 Atlantic Richfield 16,000 2,226 BJ Services* 6,900 329 Kerr-McGee 6,900 483 Phillips Petroleum 21,500 970 Schlumberger 4,600 478 Transocean Offshore 3,300 199 Union Pacific Resources Group 8,892 266 ------- 5,533 ------- PETROLEUM REFINING -- 4.4% Amoco 20,300 1,576 British Petroleum, PLC, ADR 2,500 347 Chevron 14,400 965 Exxon 35,900 3,397 Mobil 8,550 1,034 Texaco 22,200 $ 2,201 Tosco 8,100 617 Unocal 18,500 754 USX-Marathon Group 60,500 1,384 Valero Energy 9,700 291 ------- 12,566 ------- PHOTOGRAPHIC EQUIPMENT & SUPPLIES -- 0.1% Eastman Kodak 5,000 405 ------- PRINTING & PUBLISHING -- 0.7% American Greetings, Cl A 8,100 229 McGraw-Hill 16,700 760 New York Times, Cl A 23,700 886 Washington Post, Cl B 700 244 ------- 2,119 ------- PROFESSIONAL SERVICES -- 0.1% Paychex 7,900 423 ------- RAILROADS -- 0.3% Norfolk Southern 3,700 333 Union Pacific 10,500 612 ------- 945 ------- REPAIR SERVICES -- 0.3% PHH 16,000 718 ------- RETAIL -- 4.9% Autozone* 10,000 246 Federated Department Stores* 27,400 935 Gap 15,600 501 Great Atlantic & Pacific Tea 9,800 321 Home Depot 39,600 2,064 JC Penney 20,900 1,123 Kohls* 10,700 427 Kroger* 12,900 595 May Department Stores 7,100 346 McDonald's 8,400 393 Mercantile Stores 4,600 231 PepsiCo 50,500 1,509 Price/Costco* 17,900 416 Revco Drug Stores * 16,200 559 Rite Aid 15,400 610 Ruddick 11,200 148 Sears Roebuck 10,700 532 Smith's Food & Drug Center, Cl B 7,900 239 Staples* 23,200 458 TJX 25,600 1,155 Waban* 16,400 433 Walgreen 15,200 635 ------- 13,876 ------- 4
485BPOS12th “Page” of 61TOC1stPreviousNextBottomJust 12th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- RUBBER & PLASTIC -- 1.1% Dow Chemical 25,965 $ 2,175 Goodyear Tire & Rubber 3,400 165 Nike, Cl B 7,200 409 Premark International 13,800 335 ------- 3,084 ------- SEMI-CONDUCTORS/INSTRUMENTS -- 2.3% AMP 8,700 333 Analog Devices* 7,400 238 Atmel* 21,000 690 Intel 34,700 4,403 SGS-Thomson Microelectronics N.V.* 7,150 476 Thomas & Betts 8,600 389 ------- 6,529 ------- SPECIALTY CONSTRUCTION -- 0.5% L.M. Ericsson Telephone, ADR* 47,300 1,460 ------- SPECIALTY MACHINERY -- 0.4% Cooper Industries 16,700 693 Tecumseh Products, Cl A 5,900 345 ------- 1,038 ------- STEEL & STEEL WORKS -- 0.6% Aluminum Company of America 9,600 611 Asarco 8,700 237 Nucor 4,000 218 Texas Industries 6,800 387 USX-U.S. Steel Group 9,000 271 ------- 1,724 ------- TELEPHONES & TELECOMMUNICATION -- 5.0% 360 Communications* 2,200 52 Airtouch Communications* 50,600 1,297 Ameritech 24,500 1,442 AT&T 18,400 722 Bell Atlantic 16,000 1,006 BellSouth 44,000 1,776 Cincinnati Bell 8,800 525 Frontier 9,800 257 Lucent Technologies 37,314 1,912 MCI Communications 21,900 668 NYNEX 24,600 1,141 SBC Telecommunications 24,500 1,289 Sprint 10,700 448 US West 19,800 619 WorldCom* 49,200 1,138 ------- 14,292 ------- TRANSPORTATION SERVICES -- 0.3% CSX 20,000 935 ------- WHOLESALE -- 4.4% Alco Standard 12,750 $ 660 Cardinal Health 12,600 1,054 Danka Business Systems ADR 9,600 403 First Brands 6,500 186 General Motors 32,300 1,861 Gillette 52,700 3,887 Johnson & Johnson 16,500 877 Philip Morris 25,900 2,671 Safeway* 24,800 1,007 ------- 12,606 ------- Total Common Stocks (Cost $246,527) 283,967 ------- U.S. TREASURY OBLIGATIONS -- 0.2% U.S. Treasury Bill 0.000%, 01/09/97 (A) $ 600 597 ------- Total U.S. Treasury Obligations (Cost $597) 597 ------- U.S. GOVERNMENT AGENCY OBLIGATIONS -- 0.1% FHLMC 0.000%, 12/02/96 280 280 0.000%, 12/05/96 100 100 5.200%, 12/20/96 65 65 ------- Total U.S. Government Agency Obligations (Cost $445) 445 ------- REPURCHASE AGREEMENT -- 0.7% Merrill Lynch 5.570%, dated 11/29/96, matures 12/02/96, repurchase price $1,912,710 (collateralized by Tennessee Valley Authority bond par value $1,910,000, 5.98%, 04/01/96; total market value $1,964,887) 1,912 1,912 ------- Total Repurchase Agreement (Cost $1,912) 1,912 ------- Total Investments -- 100.3% (Cost $249,481) 286,921 ------- OTHER ASSETS AND LIABILITIES, NET -- (0.3%) (903) ------- 5
485BPOS13th “Page” of 61TOC1stPreviousNextBottomJust 13th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) LARGE CAP FUND -- CONCLUDED -------------------------------------------------------------------------------- Description -------------------------------------------------------------------------------- NET ASSETS: Capital Shares (unlimited authorization -- no par value) based on 25,076,721 outstanding shares of beneficial interest $248,475 Accumulated net realized loss on investments (620) Net unrealized appreciation on investments 37,440 Net unrealized appreciation on futures contracts 41 Undistributed net investment income 682 -------- TOTAL NET ASSETS -- 100.0% $286,018 ======== NET ASSET VALUE, OFFERING PRICE, AND REDEMPTION PRICE PER SHARE $ 11.41 ======== * Non-income producing security (A) Security has been pledged as collateral on open futures contracts. ADR -- American Depository Receipt Cl -- Class FHLMC -- Federal Home Loan Mortgage Corporation SMALL CAP FUND -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- COMMON STOCKS -- 88.4% AEROSPACE & DEFENSE -- 0.9% Life Technologies 3,600 $ 79 Orbital Sciences* 4,100 79 Thiokol 10,400 478 Tracor* 5,800 128 ------- 764 ------- AEROSPACE DEFENSE -- 0.3% Cole National* 6,800 178 Neoprobe* 4,000 57 Tredegar Industries 100 4 ------- 239 ------- AGRICULTURE -- 0.4% Springs Industries, Cl A 3,100 144 Sylvan* 17,300 216 ------- 360 ------- AIR TRANSPORTATION -- 0.6% Airnet Systems* 15,400 192 Atlantic Coast Air* 3,300 42 Greenwich Air Services* 1,900 44 Mesaba Holdings* 400 5 Midwest Express Holdings* 5,800 191 ------- 474 ------- AIRCRAFT -- 0.4% BE Aerospace* 300 7 Coltec Industries* 15,200 281 Rohr* 3,000 53 ------- 341 -------- APPAREL/TEXTILES -- 1.2% Burlington Industries* 28,600 311 First Years 8,300 133 Interface 3,500 69 Kenneth Cole Production* 2,800 44 Nautica Enterprises* 3,400 109 Quiksilver* 3,600 72 Tommy Hilfiger* 1,400 76 Worldtex* 19,700 163 ------- 977 ------- AUTOMOTIVE -- 1.1% Coachmen Industries 4,200 107 Dial 14,800 209 Federal Mogul 8,900 198 Gentex* 4,500 88 JLG Industries 5,700 103 Stant 7,100 89 Winnebago Industries 11,300 85 ------- 879 ------- 6
485BPOS14th “Page” of 61TOC1stPreviousNextBottomJust 14th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- BANKS -- 6.3% Affiliated Community Bancorp 5,400 $ 121 Astoria Financial* 9,700 366 Bank Plus* 12,200 139 Bank United, Cl A* 8,100 217 BankAtlantic Bancorp Cl B 3,400 44 BankAtlantic Bancorp Cl A 1,875 24 Bay View Capital 1,200 49 Cenfed Financial 8,100 246 Cenrury Bancorp 400 5 Coast Savings Financial* 7,200 256 Commercial Federal 1,500 73 Commonwealth Bancorp 19,900 289 Cullen/Frost Bankers 1,500 53 Dime Community Bancorp * 12,000 169 Downey Financial 16,000 460 DS Bancor* 5,900 250 First Savings Bank of Washington 1,700 32 Firstfed Financial* 4,000 95 Imperial Bancorp* 5,300 119 Itla Capital* 6,400 94 Long Island Bancorp 21,900 699 Ml Bancorp 1,400 21 New York Bancorp 1,500 51 North Fork Bancorporation 2,000 68 Peoples Heritage Financial Group 2,400 67 Queens County Bancorp 12,266 577 Riggs National 14,500 251 Sovereign Bancorp 19,400 255 Westamerica Bancorporation 500 29 ------- 5,119 ------- BEAUTY PRODUCTS -- 0.1% USA Detergents* 2,400 91 ------- BICYCLES -- 0.1% Cannondale* 3,600 69 Rockshox* 1,000 13 ------- 82 ------- BROADCASTING, NEWSPAPERS & ADVERTISING -- 0.4% Cox Radio Class A* 1,300 23 Emmis Broadcasting* 3,000 103 McClatchy Newspapers, Cl A 5,000 154 Pegasus Communications* 1,200 15 Universal Outdoor Holdings* 1,300 35 ------- 330 ------- BUILDING & CONSTRUCTION -- 0.1% Southern Energy Homes* 1,750 21 Willbros Group* 7,500 80 ------- 101 ------- BUILDING & CONSTRUCTION SUPPLIES -- 1.0% Granite Construction 19,300 $ 386 Griffon* 18,500 199 Miller Industries* 7,800 216 ------- 801 ------- CHEMICALS -- 0.5% General Chemical Group 12,600 247 Mississippi Chemical 5,800 147 ------- 394 ------- COAL MINING -- 0.3% Zeigler Coal Holding 12,700 233 ------- COMMUNICATIONS EQUIPMENT -- 2.3% Act Manufacturing* 1,300 32 C-Cube Microsystems* 600 26 Checkpoint Systems* 7,950 179 Digital Microwave * 4,300 103 Digital Systems* 7,600 117 Dionex* 200 7 DSP Communications* 6,200 241 Harman International 2,900 148 Inter-Tel* 1,300 23 National Wireless Holdings* 3,400 46 P-Com* 3,500 111 Pairgain Technologies* 3,100 198 Sawtek* 3,400 125 Telco Systems * 5,400 97 Ultrak* 10,200 312 Videoserver* 1,200 59 ------- 1,824 ------- COMPUTERS & SERVICES -- 2.7% Casino Data Systems* 2,000 26 Channell Commercial* 7,500 84 Ciprico* 1,700 23 Comverse Technology* 3,000 102 Control Data Systems* 4,500 89 Dynatech* 1,400 65 Encad* 4,300 161 HMT Technology* 3,600 63 Komag* 2,400 77 Lecroy* 900 32 Lexmark International Group* 10,500 272 Microtouch Systems* 5,200 130 Natural Microsystems* 3,600 93 Network Appliance* 4,500 162 Proxima* 2,900 40 Trident Microsystems* 5,000 106 Unisys* 22,800 174 Verifone* 1,500 51 Verilink 2,250 68 Wang Laboratories* 19,500 412 ------- 2,230 ------- 7
485BPOS15th “Page” of 61TOC1stPreviousNextBottomJust 15th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) SMALL CAP FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- CONCRETE & MINERAL PRODUCTS -- 0.4% Dal-Tile International* 13,500 $ 287 ------- CONSUMER PRODUCTS -- 1.5% Public Service of New Mexico 22,500 430 Stride Rite 21,000 210 Timberland Cl A* 3,200 124 US Can* 18,800 313 Vans* 5,800 89 Wolverine World Wide 2,500 67 ------- 1,233 ------- CONTAINERS & PACKAGING -- 0.1% Greif Brothers 2,100 61 ------- DRUGS -- 2.3% Alkermes* 1,400 20 Anesta* 3,700 52 ChiRex* 3,700 40 Dura Pharmaceuticals* 7,800 289 Fuisz Technologies* 4,300 35 Guilford Pharmaceuticals* 6,850 121 Interneuron Pharmeceutical* 2,000 39 Jones Medical Industries 5,900 236 Liposome* 2,700 49 Medicis Pharmaceutical, Cl A* 4,650 204 NBTY* 5,800 94 Neurocrine Biosciences* 2,900 29 Onyx Pharmaceuticals * 2,800 28 Parexel International* 1,600 83 Pathogenesis* 3,800 96 Rexall Sundown* 17,100 434 ------- 1,849 ------- ELECTRICAL TECHNOLOGY -- 0.4% Belden 8,200 280 Chicago Miniature Lamp* 1,950 65 ------- 345 ------- ENTERTAINMENT -- 1.3% Anchor Gaming* 2,700 113 Casino America* 12,700 43 Gc* 6,100 214 Harveys Casinos Resorts 12,200 203 MGM Grand* 800 31 Regal Cinemas* 8,175 267 Station Casinos * 17,200 183 ------- 1,054 ------- ENVIRONMENTAL SERVICES -- 0.1% United Waste Systems* 2,400 80 ------- FINANCIAL SERVICES -- 3.0% Aames Financial 4,200 $ 180 Arden Reality Group* 9,300 224 Beacon Properties 5,700 180 Central Financial Acceptance* 2,200 42 Consumer Portfolio Services* 7,800 100 Credit Acceptance* 8,400 217 DVI* 2,500 32 Equity Inns, REIT 11,300 134 First Alliance* 1,450 41 Greater NY Savings Bank* 1,600 21 Imperial Credit Industries* 12,200 259 Inacom* 3,300 102 Jayhawk Acceptance* 5,100 62 Mail Boxes Etc.* 1,100 24 Metris* 2,200 52 Morningstar Group* 37,800 652 National Surgery Centers* 1,000 32 The Money Store 2,500 76 ------- 2,430 ------- FOOD, BEVERAGE & TOBACCO -- 1.6% Dimon 6,100 127 John B. Sanfilippo & Son* 13,900 76 Ralcorp Holdings* 9,700 190 Redhook Ale Brewery* 3,100 43 Riser Foods, Cl A* 7,900 241 Schweitzer-Manduit International* 6,300 208 Smithfield Foods* 9,000 293 Worthington Foods 4,600 117 ------- 1,295 ------- GAS/NATURAL GAS -- 0.3% NUI 8,000 160 Unit* 10,300 86 ------- 246 ------- GLASS PRODUCTS -- 0.8% Bush Industries 3,000 54 Cort Business Service* 6,800 152 Hirsch International* 9,250 176 Libbey 8,400 226 Spectran* 3,200 56 ------- 664 ------- HOTELS & LODGING -- 0.3% Candlewood Hotels* 3,800 38 Doubletree* 4,100 172 Suburban Lodges of America* 1,100 19 ------- 229 ------- 8
485BPOS16th “Page” of 61TOC1stPreviousNextBottomJust 16th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- HOUSEHOLD FURNITURE & FIXTURES -- 0.6% Chromcraft Revington* 100 $ 3 Ethan Allen Interiors 4,400 146 Furniture Brands International* 9,900 123 O'Sullivan Industries Holdings* 17,400 194 ------- 466 ------- HOUSEHOLD PRODUCTS -- 0.8% Advanced Lighting Technologies* 5,950 131 American Safety Razor* 17,600 213 Helen of Troy Limited* 5,600 120 Holophane* 8,500 162 ------- 626 ------- INSURANCE -- 8.1% Delphi Financial Group, Cl A* 3,540 100 Allmerica Financial* 7,200 238 American Travelers* 3,100 109 Amerin* 6,100 139 Capital Re 11,600 445 Capmac Holdings 3,900 130 Compdent* 1,300 36 E.W. Blanch Holdings 11,900 234 Enhance Financial Services Group 5,700 195 Everest Reinsurance Holdings 4,600 129 Executive Risk 6,300 252 FPIC Insurance Group* 13,200 177 Gryphon Holdings* 13,100 185 Highlands Insurance Group* 8,400 165 Home State Holdings* 7,600 58 Horace Mann Educators 12,200 461 IPC Holdings 9,600 218 MMI 7,200 222 NAC Re 2,300 84 Partnerre Holdings 4,200 137 Penncorp Financial Group 5,100 175 PMI Group 5,300 307 Presidential Life 12,200 145 Reinsurance Group of America 4,800 226 Security-Connecticut 17,500 604 State Auto Financial 14,100 224 Terra Nova (Bermuda) Holdings-A* 8,000 186 Total Renal Care Holdings* 3,300 113 Travelers/Aetna Property Casualty 6,700 231 United Dental Care* 1,900 53 Western National 33,400 622 -------- 6,600 ------- LEASING & RENTING -- 0.3% Leasing Solutions * 4,800 $ 139 Prime Service* 900 25 Rental Service* 1,700 44 Renters' Choice* 3,150 57 ------- 265 ------- LEISURE PRODUCTS -- 0.5% Equity Marketing* 4,900 113 Galoob Lewis Toys* 3,800 111 Velcro Industries 2,600 143 ------- 367 ------- LUMBER & WOOD PRODUCTS -- 1.0% Cavalier Homes 3,750 42 Champion Enterprises* 13,628 284 Fibreboard* 10,600 367 T J International 5,400 117 ------- 810 ------- MACHINERY -- 2.4% Camco International 1,500 63 Chase Brass Industries* 6,200 112 Duriron 2,500 67 Edelbrock* 4,900 77 Fisher Scientific International 8,200 375 Gardner Denver Machinery* 2,500 91 Giddings & Lewis 9,900 116 Graco 7,900 203 Manitowoc 2,600 114 Moog* 4,100 98 Thermatrix * 3,900 36 Trico Marine Services * 2,200 94 UCAR International* 7,400 280 UNR Industries 7,500 52 Varco International* 2,900 66 Zoltek* 3,600 129 ------- 1,973 ------- MANUFACTURING -- 0.3% West Marine* 6,600 221 ------- MARINE TRANSPORTATION -- 0.5% Oak Industries* 10,900 253 Royal Caribbean Cruises 6,000 155 ------- 408 ------- MEASURING DEVICES -- 0.2% Fluke 3,500 151 Thermedics* 1,400 29 ------- 180 ------- 9
485BPOS17th “Page” of 61TOC1stPreviousNextBottomJust 17th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) SMALL CAP FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- MEDICAL PRODUCTS & SERVICES -- 4.2% Techne* 1,800 $ 43 Algos Pharmaceuticals* 5,300 60 American Homepatient* 2,500 58 CNS* 1,300 18 Digene* 3,700 37 Emcare Holdings* 1,000 20 ESC Medical Systems* 2,600 69 HemaSure* 4,200 36 Hologic* 2,100 53 Horizon Mental Health Management* 2,200 54 II-VI* 3,200 84 Interim Services* 3,000 118 Invacare 2,000 54 Lunar* 800 25 Maxicare Health Plans* 8,500 175 Medquist* 12,300 237 Mentor Corporation/Minn 4,000 110 Multicare* 5,000 99 NCS Healthcare* 1,100 30 Novoste* 4,300 61 Occusystems* 3,100 90 Oec Medical Systems* 10,100 141 Orthodontic Centers of America* 9,400 119 PHP Healthcare* 3,800 87 Pediatrix Medical Group* 5,400 209 Perceptron* 3,000 104 Phycor* 4,000 129 Physio-Control International* 1,100 20 Prime Medical Services* 9,000 105 Quorum Health Group* 8,100 228 Renal Treatment Centers* 3,500 91 Safeskin* 2,900 150 Summit Care* 6,400 96 Sun Healthcare Group* 14,700 184 Universal Health Services, Cl B* 1,400 40 Urocor * 1,900 18 Urohealth Systems Class A* 4,000 35 Urologix* 3,200 48 Visix Space* 3,900 92 ------- 3,427 ------- MINING -- 0.3% Wolverine Tube* 7,100 264 ------- MISCELLANEOUS BUSINESS SERVICES -- 7.3% Abacus Direct* 800 19 Access Health Marketing* 1,500 59 Advanced Technologies Laboratories* 5,200 148 Allin Communications* 2,000 35 Aspen Technology* 6,600 550 Avant* 1,800 $ 53 BDM International* 2,000 94 Black Box* 5,900 242 Brooktrout Tech* 2,500 80 Caci International* 9,700 183 Cambridge Technology Partners* 4,900 149 Clarify* 3,600 162 Concord EFS* 7,700 224 Dataworks* 11,500 250 Dendrite International* 2,900 70 Diamond Multimedia Systems* 500 6 Employee Solutions* 4,200 78 Envoy* 3,600 134 Fair, Isaac 2,400 84 Gensym* 450 5 Health Management Systems* 3,000 45 HNC Software* 2,700 80 Hyperion Software* 5,000 108 Infinity Financial* 3,000 51 Inso* 2,200 94 JDA Software Group* 4,900 131 Learning Tree International* 2,800 127 Macromedia* 1,800 33 Manugistics* 2,400 89 McAfee Associates* 3,000 143 Medic Computer Systems* 4,700 159 Meta Group* 2,700 75 National Instruments* 2,400 77 National Techteam* 6,900 151 Orcad* 5,900 59 Peerless Systems* 6,100 79 Pegasystems* 700 21 Physician Support Systems* 7,200 124 Planning Sciences International, ADR* 4,800 66 PMT Services* 3,900 83 Premisys Communications* 500 26 Project Software & Development* 1,400 58 Pure Atria* 2,700 75 Registry * 1,400 68 S3* 4,300 73 SPSS* 1,200 35 Summit Design* 1,500 15 Sunquest* 4,400 65 Synopsys* 2,100 93 Systemsoft Corp* 5,500 101 Unison Software* 1,600 39 Vanstar* 8,200 223 Veritas Software* 3,200 148 Viasoft* 2,000 91 Visio* 2,750 136 Wackenhut Corrections* 3,800 66 Wall Data* 2,900 43 10
485BPOS18th “Page” of 61TOC1stPreviousNextBottomJust 18th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Wind River Systems* 1,400 $ 69 Xircom* 5,600 112 ------- 5,956 ------- MISCELLANEOUS CONSUMER SERVICES -- 0.6% Accustaff* 2,142 43 Corestaff* 1,900 49 G&K Services 2,500 91 Regis 2,300 58 Robert Half International* 400 15 Romac International* 900 22 Steiner Leisure* 10,000 136 Western Staff Services * 6,400 89 ------- 503 ------- MISCELLANEOUS MANUFACTURING -- 1.3% ACX Technologies * 12,700 232 Cable Design Technologies* 1,200 35 Coastcast* 7,700 120 Encore Wire* 6,500 103 Paragon Trade Brands* 14,200 394 Superior Telecom * 10,000 188 ------- 1,072 ------- OFFICE FURNITURE & FIXTURES -- 1.2% Caraustar Industries 11,000 373 Kimball International, Cl B 14,600 610 ------- 983 ------- PAPER & PAPER PRODUCTS -- 0.9% American Pad & Paper * 8,600 170 Buckeye Cellulose* 9,900 266 NUCO2* 400 5 Pope and Talbot 12,600 200 Republic Group 3,000 55 ------- 696 ------- PETROLEUM & FUEL PRODUCTS -- 3.1% Belden & Blake* 16,800 424 Cabot Oil & Gas Cl A 2,700 48 Cliffs Drilling * 6,500 338 Comstock Resources * 4,000 50 Cross Timbers Oil 3,600 86 Energy Ventures* 1,300 64 Ensco International* 1,000 44 Forest Oil* 2,400 37 Marine Drilling * 3,000 48 Montery Resources * 1,800 30 Noble Drilling* 2,000 39 Nuevo Energy* 1,900 95 Oceaneering International* 3,500 58 Petroleum Geo Services, ADR* 1,600 60 Plains Resources* 7,400 120 Pool Energy Services * 12,600 $ 186 Pride Petroleum Service* 1,900 34 Seacor Holdings* 1,000 63 Seitel * 5,100 207 Shaw Group* 2,600 67 Stone Energy* 4,000 93 Swift Energy * 2,600 82 Tuboscope Vecto International* 6,100 94 Veritas Dgc* 5,600 120 ------- 2,487 ------- PETROLEUM REFINING -- 0.4% Forasol-Foramer NV* 11,900 214 Tesoro Petroleum* 7,000 102 ------- 316 ------- PHOTOGRAPHIC EQUIPMENT & SUPPLIES -- 0.1% Seattle Filmworks * 4,100 80 ------- PRINTING & PUBLISHING -- 1.8% Bowne 6,500 159 Central Newspapers, Cl A 9,900 431 Desktop Data* 1,950 44 Electronics for Imaging* 1,300 110 Lone Star Industries 2,800 104 Medusa 7,300 253 New England Business Service 11,300 219 Southdown 3,800 124 Standard Register 1,100 31 ------- 1,475 ------- PROFESSIONAL SERVICES -- 4.3% Carson Pirie* 17,700 458 Childrens Comprhensive * 2,200 35 Cornell Corrections* 1,700 17 Devry* 1,000 45 Educational Management* 1,800 33 Equity International* 5,700 123 Intelliquest Information Group * 2,000 48 Little Switzerland* 25,000 114 Longs Drug Stores 7,700 386 Mueller Industries* 3,200 125 Nichols Research* 2,250 55 Proffitts* 1,000 41 Ross Stores* 3,300 168 Shopko Stores 31,400 487 Stein Mart* 5,900 113 Sylvan Learning Systems* 7,200 188 Tetra Tech* 2,000 37 Waban* 26,000 686 Zale* 17,200 342 ------- 3,501 ------- 11
485BPOS19th “Page” of 61TOC1stPreviousNextBottomJust 19th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) SMALL CAP FUND -- CONCLUDED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- RAILROADS -- 0.8% American Medical Response* 2,500 $ 75 Canadian National Railway 7,700 317 Genessee and Wyoming* 2,800 97 Railtex* 3,400 85 Rural/Metro* 2,000 70 ------- 644 ------- REPAIR SERVICES -- 0.1% Oxford Resources, Cl A* 2,900 74 ------- RETAIL -- 5.6% Alberto Culver, Cl A 9,900 400 American Medserve* 2,200 36 BMC West* 19,200 228 Borders Group* 900 33 Burlington Coat Factory Warehouse* 12,500 150 CDW Computer Centers* 2,050 135 CKE Restaurants 3,100 95 Claire's Stores 2,750 44 Cooker Restaurant 4,100 46 Damark International* 2,700 24 Dollar Tree Stores* 4,500 172 Dress Barn* 24,500 352 Duck-Wall Alco Stores* 6,400 80 Eagle Hardware & Garden* 5,700 139 Finish Line* 4,800 108 Foodmaker* 2,900 26 Gadzooks* 10,300 294 Gargoyles* 5,600 55 Goodys Family Clothing * 7,500 123 Guess* 10,900 146 Hollywood Entertainment* 2,600 52 Ingles Markets Cl A 12,200 178 Just for Feet* 6,175 146 Landry's Seafood Restaurants* 8,300 199 Longhorn Steaks* 1,900 38 Men's Wearhouse* 3,500 81 Multiple Zones* 4,600 86 National Media* 1,400 11 Papa John's International* 4,500 145 Petco Animal Supplies* 5,850 128 Rainforest Cafe* 6,800 199 Ruddick 19,800 262 Showbiz Pizza Time* 5,600 92 St. John Knits 1,300 56 Stage Stores* 3,800 71 US Office Products* 1,000 31 Whole Foods Market* 2,700 61 Williams Sonoma* 1,000 35 ------- 4,557 ------- RUBBER & PLASTIC -- 0.3% Foamex International* 5,800 96 Mark IV Industries 7,100 155 ------- 251 ------- SEMI-CONDUCTORS/INSTRUMENTS -- 3.4% Actel* 4,200 $ 92 AVX 12,300 275 Burr-Brown* 9,100 237 Chips & Technologies* 1,800 38 Computer Products* 10,700 215 Cypress Semiconductor* 1,600 20 Elantec Semiconductor* 9,600 48 Flextronics International* 2,300 81 Hadco* 1,000 46 Hutchinson Technology* 2,500 132 Intevac* 4,600 74 Methode Electronics, Cl A 4,000 77 Micro Linear* 4,300 28 Microchip Technology* 700 33 Photronics Labs* 3,850 121 Read-Rite* 21,100 467 Remec* 5,700 109 Sanmina* 4,500 196 Speedfam International* 600 12 Supertex* 4,600 87 Technitrol 1,300 47 Vitesse Semiconductor* 2,400 115 VLSI Technology* 3,200 74 Zycon* 10,600 133 ------- 2,757 ------- SPECIALTY CONSTRUCTION -- 0.4% Apogee Enterprises 2,100 93 DR Horton* 11,900 125 Oakwood Homes 5,000 111 ------- 329 ------- SPECIALTY MACHINERY -- 0.3% Fedders 22,300 106 Schnitzer Steel Industries, Cl A 4,700 129 ------- 235 ------- STEEL & STEEL WORKS -- 0.8% Gibraltar Steel* 4,300 102 Lone Star Technologies* 5,400 95 Maverick Tube* 7,400 117 Oregon Metallurgical* 2,900 103 Precision Castparts 2,000 94 Quanex 3,700 99 ------- 610 ------- TECHNOLOGY, GENERAL -- 0.5% Marshall Industries* 4,200 130 Middleby* 5,300 32 TBC* 33,100 242 ------- 404 ------- 12
485BPOS20th “Page” of 61TOC1stPreviousNextBottomJust 20th
[Download Table] ================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- TELEPHONES & TELECOMMUNICATION -- 1.4% Acc* 3,150 $ 94 Brightpoint* 2,800 102 Comsat 18,400 483 LCI International* 2,300 75 Lightbridge* 1,900 18 Midcom Communications* 4,200 48 Pacific Gateway Exchange* 1,850 52 Periophonics* 1,000 20 Telco Communications Group* 6,700 109 Teletech Holdings* 1,800 57 Transaction Network Services* 3,600 45 ------- 1,103 ------- TESTING LABORATORIES -- 0.5% Atrix Labs* 2,500 25 Clintrials Research* 3,000 65 Curative Technologies* 4,500 117 FemRx* 8,400 48 International Telecommunications Data Systems* 2,200 52 Quintiles Transnational* 1,300 79 ------- 386 ------- TRUCKING -- 0.4% Air Express International 2,000 65 Expeditors International of Washington 2,600 116 Iron Mountain* 2,600 80 Swift Transportation* 2,500 60 Trism* 2,100 8 Werner Enterprises 2,000 32 ------- 361 ------- WHOLESALE -- 2.9% Barnett* 2,000 49 Central Garden and Pet* 3,700 80 Egghead* 20,700 128 Ha Lo Industries* 3,900 150 Harmonic Lightwaves* 2,500 50 Henry Schein * 3,700 151 Hughes Supply 2,700 116 Insight Enterprises* 4,300 145 Medical Resources* 14,400 128 North Face* 3,600 80 Omnicare 6,900 210 Physician Sales & Services* 2,600 53 Pioneer Standard Electronics 10,400 114 Serologicals* 2,300 77 Stormedia* 8,900 113 Technical Chemical & Products* 3,600 33 Universal Forest Products 28,000 357 Winstar Communications* 2,700 56 Wyle Laboratories 7,400 266 ------- 2,356 ------- TOTAL COMMON STOCKS (Cost $67,329) $71,755 ------- U.S. TREASURY OBLIGATIONS -- 0.6% U.S. Treasury Bill 0.000%, 01/09/97 (A) $ 500 497 ------- Total U.S. Treasury Obligations (Cost $497) 497 ------- REPURCHASE AGREEMENT -- 9.0% Merrill Lynch 5.57%, dated 11/29/96, matures 12/02/96, repurchase price $7,300,174 (collateralized by Tennessee Valley Authority bond par value $7,280,000, 5.98%, 04/01/96; total market value $7,489,204) 7,296 7,297 ------- Total Repurchase Agreement (Cost $7,297) 7,297 ------- Total Investments -- 98.0% (Cost $75,123) 79,549 ------- OTHER ASSETS AND LIABILITIES, NET -- 2.0% 1,652 ------- NET ASSETS: Capital Shares (unlimited authorization -- no par value) based on 7,977,991 outstanding shares of beneficial interest 78,297 Accumulated net realized loss on investments (1,995) Net unrealized appreciation on investments 4,426 Net unrealized appreciation on futures contracts 396 Undistributed net investment income 77 ------- TOTAL NET ASSETS -- 100.0% $81,201 ======= NET ASSET VALUE, OFFERING PRICE, AND REDEMPTION PRICE PER SHARE $ 10.18 ======= * Non-income producing security (A) Security has been pledged as collateral on open futures contracts. Cl -- Class REIT -- Real Estate Investment Trust 13
485BPOS21st “Page” of 61TOC1stPreviousNextBottomJust 21st
SCHEDULE OF INVESTMENTS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) CORE FIXED INCOME FUND -------------------------------------------------------------------------------- Face Market Description Amount (000) Value (000) -------------------------------------------------------------------------------- U.S. TREASURY OBLIGATIONS -- 37.5% U.S. Treasury Bonds 9.250%, 02/15/16 $11,425 $14,955 6.000%, 02/15/26 10,450 9,854 U.S. Treasury Notes 6.500%, 05/15/97 1,140 1,146 5.625%, 08/31/97 275 275 5.375%, 05/31/98 1,800 1,796 7.500%, 10/31/99 2,100 2,198 5.875%, 11/15/99 1,760 1,768 6.875%, 03/31/00 1,900 1,964 5.500%, 04/15/00 1,825 1,813 5.750%, 10/31/00 685 684 6.500%, 05/31/01 50 51 6.625%, 07/31/01 4,200 4,332 6.500%, 08/31/01 1,000 1,026 6.250%, 10/31/01 6,400 6,506 10.750%, 02/15/03 1,750 2,182 7.250%, 05/15/04 320 344 6.500%, 10/15/06 80 83 6.750%, 08/15/26 7,600 7,925 U.S. Treasury STRIPS 0.000%, 02/15/99 2,550 2,258 ------- Total U.S. Treasury Obligations (Cost $58,583) 61,160 ------- U.S. GOVERNMENT MORTGAGE-BACKED OBLIGATIONS -- 23.0% FHLMC 9.000%, 12/01/05 43 46 7.500%, 06/01/10 144 148 7.500%, 11/01/10 189 195 7.000%, 01/01/11 2,413 2,434 9.750%, 10/01/14 740 802 7.000%, 05/01/24 1,314 1,308 7.000%, 09/01/25 8,179 8,133 7.500%, 01/01/26 634 643 7.500%, 03/01/26 49 50 6.500%, 04/01/26 1,242 1,208 7.500%, 05/01/26 1,024 1,067 7.500%, 06/01/26 121 125 8.500%, 06/01/26 722 754 7.500%, 07/01/26 876 889 8.500%, 07/01/26 1,899 1,983 7.500%, 08/01/26 1,007 1,023 8.000%, 08/01/26 3,784 3,894 FHLMC (A) 6.069%, 06/01/15 395 393 6.069%, 08/01/15 602 599 FHLMC REMIC Series 1 Class Z 9.300%, 04/15/19 800 837 FHLMC REMIC Series 1907 Class LP 0.000%, 06/15/20 250 164 FNMA REMIC Series 1996-56 Class E 0.000%, 04/25/23 $ 70 $ 49 FNMA 8.500%, 09/01/13 24 26 7.000%, 05/01/23 401 398 0.000%, 07/25/23 88 65 0.000%, 08/25/23 206 188 7.000%, 11/01/23 581 577 7.000%, 01/01/24 1,663 1,650 7.000%, 03/01/26 956 950 7.000%, 05/01/26 124 123 8.000%, 12/01/26 2,500 2,566 FNMA STRIPS 9.000%, 09/25/25 376 400 GNMA 8.500%, 11/15/00 21 22 7.500%, 09/15/06 375 381 7.000%, 04/15/23 23 24 7.500%, 04/15/23 872 885 6.500%, 08/15/23 114 111 6.500%, 10/01/23 518 504 6.500%, 10/15/23 186 181 7.000%, 10/15/23 140 139 7.000%, 11/15/23 260 259 6.500%, 12/15/23 1,637 1,592 8.000%, 05/15/24 1,923 1,983 8.500%, 06/15/25 24 26 8.500%, 08/15/25 98 104 8.500%, 10/15/25 98 103 8.500%, 11/15/25 24 26 8.500%, 12/15/25 41 43 8.500%, 02/15/26 66 69 8.000%, 12/18/26 1,000 1,029 GNMA (A) 7.125%, 04/20/25 2,295 2,358 ------- Total U.S. Government Mortgage-Backed Obligations (Cost $42,407) 43,526 ------- U.S. GOVERNMENT AGENCY OBLIGATIONS -- 1.6% Resolution Trust Funding 8.625%, 01/15/30 250 320 Resolution Trust Funding STRIPS 0.000%, 01/15/17 375 97 0.000%, 04/15/17 275 70 0.000%, 10/15/19 850 184 0.000%, 10/15/20 175 35 SLMA (A) 6.090%, 07/25/11 1,600 1,601 Small Business Administration Series 1996-I 7.700%, 09/01/16 400 419 14
485BPOS22nd “Page” of 61TOC1stPreviousNextBottomJust 22nd
================================================================================ -------------------------------------------------------------------------------- Face Market Description Amount (000) Value (000) -------------------------------------------------------------------------------- Small Business Administration Series 1996-J 7.200%, 10/01/16 $ 200 $ 205 ------- Total U.S. Government Agency Obligations (Cost $2,821) 2,931 ------- CORPORATE OBLIGATIONS -- 19.5% Associates of North America 9.125%, 04/01/00 1,300 1,415 BankAmerica 9.200%, 05/15/03 150 172 Banque Paribas 6.875%, 03/01/09 575 561 Barclays North America Capital 9.750%, 05/15/21 225 259 Bear Stearns 6.500%, 06/15/00 1,450 1,457 Becton Dickinson 9.250%, 06/01/16 75 78 Chrysler Financial 13.250%, 10/15/99 150 178 Commonwealth Edison 9.500%, 05/01/16 650 683 9.875%, 06/15/20 150 176 Connecticut Light & Power 7.875%, 06/01/01 1,100 1,133 Continental Cablevision 8.875%, 09/15/05 275 311 Dayton Hudson 8.600%, 01/15/12 175 198 Deseret Generator & Transportation Cooperative 9.375%, 01/02/11 175 182 Dresdner Bank 7.250%, 09/15/15 300 304 Equitable 9.000%, 12/15/04 700 800 Federal Express 9.625%, 10/15/19 150 164 Federal Paperboard 8.875%, 07/01/12 300 349 First Chicago 9.875%, 08/15/00 450 503 First National Bank of Omaha 7.320%, 12/01/10 250 255 Ford Capital 10.125%, 11/15/00 1,525 1,727 Ford Motor Credit 8.375%, 01/15/00 150 159 6.850%, 08/15/00 575 587 General Motors Acceptance STRIPS 0.000%, 06/15/15 2,600 715 General Motors 9.625%, 12/01/00 $1,136 $ 1,268 Georgia Pacific 9.500%, 12/01/11 500 607 Goldman Sachs 6.250%, 02/01/03 800 788 GTE 10.250%, 11/01/20 300 346 Household Finance 9.625%, 07/15/00 625 691 Hydro Quebec 9.750%, 01/15/18 300 341 8.050%, 07/07/24 450 506 J.C. Penney 9.750%, 06/15/21 250 281 J P Morgan Capital Trust I (C) 7.540%, 01/15/27 700 700 Lehman Brothers 9.375%, 01/15/99 600 638 9.875%, 10/15/00 325 362 Loew's 7.625%, 06/01/23 450 453 7.000%, 10/15/23 1,350 1,269 Long Island Lighting 9.625%, 07/01/24 350 370 May Department Stores 9.875%, 06/15/21 250 286 Midland Bank 6.950%, 03/15/11 975 990 Millennium America 7.625%, 11/15/26 650 648 NCNB Bank 10.200%, 07/15/15 800 1,038 News America Holdings 7.750%, 12/01/45 700 679 Norsk Hydro A/S 9.000%, 04/15/12 275 329 Paine Webber Group 6.930%, 08/15/03 325 325 Province of New Foundland, Canada 10.000%, 12/01/20 200 263 Public Services Electric & Gas 7.625%, 02/01/00 200 208 Arizona Public Service Pvngs II Funding 8.000%, 12/30/15 1,000 1,056 RJR Nabisco 8.750%, 08/15/05 350 356 8.750%, 07/15/07 425 432 Salomon Brothers 7.750%, 05/15/00 225 234 6.750%, 02/15/03 550 547 15
485BPOS23rd “Page” of 61TOC1stPreviousNextBottomJust 23rd
SCHEDULE OF INVESTMENTS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) CORE FIXED INCOME FUND -- CONCLUDED -------------------------------------------------------------------------------- Face Market Description Amount (000) Value (000) -------------------------------------------------------------------------------- Southern California Edison 8.875%, 05/01/23 $ 125 $ 130 Soyland Power Cooperative 9.700%, 09/30/17 1,225 1,308 Swiss Bank 7.000%, 10/15/15 300 299 System Energy Resources 7.430%, 01/15/11 388 387 TCI Communications 8.750%, 08/01/15 1,700 1,679 Tele-Communications 9.250%, 01/15/23 150 147 Tenneco 10.000%, 03/15/08 250 312 7.250%, 12/15/25 125 124 Tennesee Gas Pipeline 6.000%, 12/15/11 599 539 Time Warner 8.180%, 08/15/07 200 212 Time Warner Entertainment 8.375%, 07/15/33 550 570 Union Camp 10.000%, 05/01/19 550 621 Utilicorp United 10.500%, 12/01/20 200 229 Weyerhaeuser 7.250%, 07/01/13 325 334 ------- Total Corporate Obligations (Cost $34,065) 35,268 ------- ASSET-BACKED OBLIGATIONS -- 7.4% AT&T Universal Credit Card Master Trust 1995-2 A 5.950%, 10/17/02 725 722 Banc One Credit Card Master Trust 1995-B A 6.300%, 09/15/00 1,100 1,109 Chemical Master Credit Card Trust I 1995-2 A 6.230%, 06/15/03 750 757 Citibank Credit Card Master Trust 1996-1 A 0.000%, 02/07/03 300 233 0.000%, 02/07/03 2,500 1,939 Discover Card Acceptance 1995-2 A 6.550%, 08/15/00 725 738 First Chicago Master Trust II 1994-L A 7.150%, 04/15/01 1,575 1,623 First Chicago Master Trust II 1991-D A 8.400%, 06/15/98 $ 141 $ 141 Private Label Credit Card Master Trust II 1994-2 A 7.800%, 09/20/03 250 259 Keycorp Auto Grantor Trust 1995-A A 5.800%, 07/15/00 347 348 Premier Auto Trust 1993-2 A3 4.900%, 10/15/98 517 516 Premier Auto Trust 1993-5 B 4.450%, 03/02/99 159 158 Premier Auto Trust 1995-3 A3 5.950%, 12/06/98 550 551 Premier Auto Trust 1993-5 A2 4.220%, 03/02/99 1,273 1,262 Sears Credit Account Master Trust 1994-1 A 7.000%, 08/15/00 1,025 1,053 Sears Credit Account Master Trust 1995-3 A 7.000%, 10/15/04 1,300 1,340 Western Financial Grantor Trust 1995-2 A1 7.100%, 07/01/00 565 573 ------- Total Asset-Backed Obligations (Cost $13,061) 13,322 ------- MORTGAGE-BACKED OBLIGATIONS -- 3.3% Community Program Loan Trust 1987-A A4 4.500%, 10/01/18 375 329 Donaldson Lufkin Jenrette Mortgage 1996-CF2 A1B (B) 7.290%, 11/12/21 1,200 1,244 Merrill Lynch Mortgage Investors 1996-C2 A3 6.960%, 11/21/28 1,600 1,620 NationsBank 1995-1 A 6.450%, 04/15/03 1,025 1,040 Rural Housing REMIC Trust 1987-1B 3.330%, 10/01/28 1,716 1,612 Structured Asset Securities 1996-CFL C 6.525%, 02/25/28 (D) 125 124 ------- Total Mortgage-Backed Obligations (Cost $5,877) 5,969 ------- 16
485BPOS24th “Page” of 61TOC1stPreviousNextBottomJust 24th
[Download Table] ================================================================================ -------------------------------------------------------------------------------- Face Market Description Amount (000) Value (000) -------------------------------------------------------------------------------- MUNICIPAL BOND -- 0.1% Los Angeles County, California Taxable Pension Obligation Series D 0.000%, 06/30/10 $ 650 $ 249 -------- Total Municipal Bond (Cost $223) 249 -------- COMMERCIAL PAPER -- 0.5% Kingdom of Sweden 5.450%, 01/21/97 875 868 -------- Total Commercial Paper (Cost $868) 868 -------- REPURCHASE AGREEMENTS -- 7.1% Merrill Lynch 5.72%, dated 11/29/96 matures 12/02/96, repurchase price $12,780,960 (collateralized by FHLMC Bond, par value $14,085,000, 6.373%, 10/01/25; total market value $13,033,588) 12,775 12,775 -------- Total Repurchase Agreement (Cost $12,775) 12,775 -------- Total Investments -- 100.0% (Cost $170,690) $176,068 ======== (A) Variable Rate Security -- the rate reported on the Statement of Net Assets is the rate in effect as of November 30, 1996. (B) Security sold within the terms of a private placement memorandum, exempt from registration under section 144A of the Securities Act of 1933, as amended, and may be sold only to dealer. (C) Securities have been issued on a When-issued basis. (D) Structured Note FHMLC -- Federal Home Loan Mortgage Corporation FNMA -- Federal National Mortgage Association GNMA -- Government National Mortgage Association REMIC -- Real Estate Mortgage Investment Conduit SLMA -- Student Loan Marketing Association STRIPS -- Separately Traded Registered Interest and Principal Securities 17
485BPOS25th “Page” of 61TOC1stPreviousNextBottomJust 25th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) INTERNATIONAL EQUITY FUND -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- FOREIGN COMMON STOCKS -- 94.7% AUSTRALIA -- 3.1% Advance Bank Australia 23,400 $ 132 Amcor 24,200 149 Australia & New Zealand Bank Group 271,728 1,784 Boral 86,600 226 Broken Hill Proprietary 55,577 815 Capral Aluminum 85,700 258 Coca Cola Amatil 10,030 113 Coles Myer 34,000 127 CRA 14,544 243 Foodland 111,900 528 Fosters Brewing 64,000 119 Futuris 117,710 162 General Property Trust, units 67,000 135 Goodman Fielder 99,171 126 Incitec 2,500 13 Jupiters 64,500 157 Lend Lease 9,790 182 M.I.M. Holdings 90,000 128 Mayne Nickless 19,000 124 National Australia Bank 169,923 2,115 Newscorp 58,587 312 Pacific Magazines & Print 77,300 214 Pioneer International 274,000 758 Publishing & Broadcasting 20,600 97 Qantas Airways 437,300 680 QCT Resources 75,000 105 Rothmans Holdings 26,800 168 Santos 30,500 124 Simsmetal 17,900 96 Stockland Trust Group 85,000 225 Western Mining 50,045 318 Westpac Bank 138,800 830 Woodside Petroleum 23,700 166 ------- 11,729 ------- AUSTRIA -- 0.3% Bank Oberoesterr & Salzburg 100 6 Brauerei Schwechat 2,300 104 Radex Heraklith 7,900 238 SCA Laakirchen 100 43 Strabag Osterreich 600 35 Vienna International Airport 5,300 243 Voest-Alpine Stahl 8,700 306 -------- 975 -------- BELGIUM -- 1.0% Arbed 1,490 166 CMB 4,030 306 Gevaert Photo 1,090 74 GIB 25,960 1,163 Kredietbank 1,853 $ 608 Solvay 925 567 Tessenderlo Chemie 463 194 Tractabel 1,580 730 -------- 3,808 -------- CANADA -- 0.8% Canadian Imperial Bank, Toronto 3,200 144 Cascades 35,800 200 CCL Industries, Cl B 9,300 102 Dofasco 23,000 450 London Insurance Group 2,100 58 National Bank of Canada, Montreal 37,500 401 Oshawa Group, Cl A 12,200 187 Royal Bank of Canada, Montreal 28,710 1,061 Stelco, Cl A* 41,300 257 West Fraser Timber 4,800 150 -------- 3,010 -------- DENMARK -- 0.8% BG Bank 1,200 53 Den Danske Bank 9,000 680 Kobenhavn Lufthavne 9,020 941 Novo Nordisk, Cl B 6,787 1,256 -------- 2,930 -------- FINLAND -- 0.2% Enso, Cl A 18,700 142 Finnair, Series 1 15,300 104 Kesko 31,000 415 Metsa Serla, Cl B 33,900 228 -------- 889 -------- FRANCE -- 8.0% Adecco 1,017 261 AXA 18,000 1,082 Bazar Hotel de Ville 1,161 109 Bertrand Faure 8,100 304 Bic 2,950 442 Bollore Technologies 1,400 150 Bongrain 610 238 Carrefour 2,332 1,441 Castorama Dubois 6,213 1,095 Cetelem 5,606 1,355 CGIP 1,850 453 Christian Dior 5,750 845 CIC Union Europe 2,200 135 Club Mediterranee 2,500 158 Colas 550 73 Colas Rights * 1,700 2 Credit Commerce France 16,000 775 Credit Local de France 8,650 783 Credit National 6,750 393 18
485BPOS26th “Page” of 61TOC1stPreviousNextBottomJust 26th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- De Dietrich et Compagnie 3,025 $ 124 Dollfus Mieg 1,800 40 Ecia 650 92 Eiffage 715 29 Elf Aquitaine 34,004 2,970 Elf Gabon 800 188 Eridania Beghin Say 3,550 551 Fimalac 1,050 92 Fructivie 1,900 241 Gaumont 1,950 163 Imetal 6,045 953 Interbail 300 12 La Rochette* 13,300 60 Lafarge, Bearer 14,035 887 Legris 1,650 71 Louis Vuitton Moet Hennessy 5,420 1,374 Lyonnaise des Eaux Dumez 8,100 771 Marine Wendel 4,600 407 Michelin, Cl B 19,050 977 Nord Est 750 19 Paribas, Cl A 7,350 505 Parisienne de Reesco 3,750 308 Pernod Ricard 9,700 537 Peugeot 5,600 688 Publicis 450 39 Saint Gobain 7,629 1,097 Saint Louis-Bouchon 950 241 Sanofi 7,699 690 Scac Delmas Vielje 126 25 Seita 33,480 1,341 Skis Rossignol 3,000 80 Societe Generale 7,564 827 Societe Generale d'Entreprise* 1,700 38 Sommer Allibert 9,000 250 Total Compaigne, Cl B 16,280 1,302 Union Assurances Federal 2,450 303 Union Immobilaire France 1,200 96 Usinor Sacilor 82,000 1,227 Vallourec 5,150 282 29,991 GERMANY -- 6.9% Aachener & Muenchener 1,006 452 Adidas 12,640 1,102 AGIV 11,420 142 Andreae Noris Zahn 1,090 420 Bankgesellschaft Berlin 10,750 176 BASF 78,390 2,895 Bayer 81,150 3,262 Bayerische Motoren Werke 2,061 1,330 Bdag Balcke Duerr 636 103 BHF Bank 9,200 222 Binding Brauerei 250 81 Ckag Colonia Konzern, Bearer 3,200 247 Continental 17,550 302 Daimler Benz* 10,650 691 DBV Holding 1,090 361 Deutsche Pfandrbrief & Hypotheken Bank 6,730 293 DLW* 2,250 146 Dresdner Bank 32,320 959 Dyckerhoff & Widmann 240 30 Felten & Guilleaume Energie 450 51 Frankfurt Hypobank 40 1 Gehe 13,275 820 Herlitz* 1,440 160 Holsten Brau 250 52 IWKA 950 209 Kabelmetall 314 25 Kaufring* 80 4 Kloeckner Werke* 600 22 Kolbenschmidt* 12,200 137 Lehnkering Montan 40 5 Lufthansa 44,500 571 Man 1,550 363 Merck KGAA 16,300 603 Papier Waldhof 4,050 530 Phoenix 16,000 192 Praktiker Bau-Und Heimwerker* 10,680 215 Salamander 540 54 SGL Carbon 5,000 618 Siemens 39,700 1,916 Varta 80 15 Veba 45,700 2,677 Viag 2,360 889 Viag, New 484 180 Volkswagen 6,060 2,407 Wunsche 1,350 105 -------- 26,035 -------- HONG KONG -- 5.0% Bank of East Asia 85,600 366 Cathay Pacific Airways 421,000 694 Cheung Kong Holdings 88,000 774 China Light & Power 167,000 717 Citic Pacific 70,400 367 Great Eagle Holdings 114,000 473 Guang Dong Investment 192,000 160 Guoco Group 44,000 240 Hang Lung Development 167,000 373 Hang Seng Bank 122,000 1,471 Harbour Centre Development 33,000 48 Henderson Land Development 20,000 201 Hong Kong & China Gas 90,000 179 Hong Kong Aircraft Engineering 74,800 216 Hong Kong Electric 378,500 1,214 19
485BPOS27th “Page” of 61TOC1stPreviousNextBottomJust 27th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) INTERNATIONAL EQUITY FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Hong Kong Telecommunications 120,000 $ 208 Hong Kong Telecommunications Warrants * 400,000 13 Hopewell Holdings 220,000 145 HSBC Holdings 196,710 4,096 Hutchison Whampoa 96,420 745 Hysan Development 56,000 214 Jardine International Motor 122,000 175 Kowloon Motor Bus 149,800 259 Kumagai Gumi 232,000 263 Lai Sun Garment International 124,000 199 Liu Chong Hing 107,000 132 New World Development 54,000 365 Peregrine Investment Holdings 278,000 514 Shangri-La Asia 92,000 145 Sun Hung Kai Properties 62,700 779 Swire Pacific, Cl A 189,500 1,795 Tai Cheung Holdings 374,000 360 Top Glory International 1,710,000 230 Union Bank Hong Kong 7,000 9 Wharf Holdings 20,740 107 Wheelock 102,000 299 Yue Yuen Industrial 527,000 177 -------- 18,722 -------- IRELAND -- 0.0% Avonmore Foods 5,600 16 -------- ITALY -- 2.4% Banca Commerciale Italiana 287,000 527 Banca Di Roma* 688,700 632 Banca Populare Bergamo 35,100 562 Banca Populare Milano 41,200 211 Banca Popolare Di Brescia 14,600 82 Burgo (Cartiere) 45,000 215 Eni 250,593 1,320 Fiat 306,400 896 Montefibre 119,800 65 Parmalat Finanziaria 390,000 612 Societe Assicurazioni di Risp 6,100 21 Sirti 29,700 180 Stet 331,800 1,411 Telecom Italia di Risp 522,690 961 Telecom Italia Mobile 524,200 1,234 Telecom Italia Mobile di Risp 22,000 29 Toro Assicurazioni 10,300 145 -------- 9,103 -------- JAPAN -- 28.5% Achilles 86,000 295 Aiya 24,000 344 Apollo Electronics 21,000 327 Asahi Bank 105,000 1,024 Asahi Breweries* 89,000 954 Asahi Broadcasting 1,000 110 Asatsu 17,000 600 Ashikaga Bank 105,000 574 Bank of Fukuoka 3,000 22 Bank of Tokyo Mitsubishi 117,000 2,395 Bank of Yokohama 110,000 798 Belc 3,000 36 Chiba Bank 91,000 690 Chuba Electric Power 75,000 1,535 Chubu Steel Plate 59,000 315 Chubu Suisan 6,000 29 Chuo Warehouse 2,000 20 Comany 6,000 92 Computer Engineering & Consult 13,000 102 Cosmo Oil 137,000 682 Dai Ichi Kangyo Bank 126,000 2,048 Dai Nippon Ink & Chemical 204,000 808 Dai Nippon Printing 2,000 37 Daido Metal 19,000 109 Daiichi Pharmaceutical 57,000 891 Daiwa Bank 101,000 586 Daiwa House Industries 108,000 1,499 Daiwa Securities 70,000 756 Danto 28,000 320 Data Communication Systems 5,000 95 Denyo 8,000 110 Dio Chemicals 12,100 106 East Japan Railway 378 1,733 Fanuc 16,400 534 Fuji Bank 44,000 765 Fuji Photo Film 35,000 1,098 Fujitsu 98,000 938 Fujitsu Business Systems 28,000 706 Glory 23,000 596 Gunma Bank 61,000 547 Gunze 70,000 392 Hachijuni Bank 43,000 438 Heiwa 5,000 79 Hitachi 167,000 1,555 Hitachi Information Systems 26,000 320 Hitachi Medical 43,000 623 Hokuriko Bank 53,000 277 Honda Motor 42,000 1,240 Horiba 32,000 377 Horipro 17,000 179 Ichiken 42,000 250 Ichiyoshi Securities 4,000 18 Iino Kaiun* 73,000 294 Inax 60,000 505 Industrial Bank of Japan 81,400 1,609 Institute of General Education 10,000 100 Izumi Industries 15,000 86 20
485BPOS28th “Page” of 61TOC1stPreviousNextBottomJust 28th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Japan Industrial Testing 500 $ 9 Japan Living Service 25,000 198 Japan Process Development 1,000 10 Japan Tobacco 116 826 Jastec 8,000 88 Joyo Bank 70,000 461 Joyo Bank Rights * 7,000 22 Kansai Electric Power 75,000 1,568 KDD 12,000 787 Kentucky Fried Chicken Japan 18,000 286 Keyence 5,300 643 King Jim 24,000 508 Kirin Brewery 104,000 1,051 Kobe Steel* 45,000 105 Kubota 110,000 625 KVK 10,000 100 Kyocera 11,000 707 Kyushu Electric Power 30,100 629 Lilycolor 38,000 300 Lion 98,000 504 Long Term Credit Bank 70,000 443 Makita 58,000 774 Marubeni 231,000 1,045 Marukyo 13,000 194 Matsudo Kosan 19,000 189 Matsushita Electric Industry 142,000 2,457 Matsushita Electric Works 94,000 875 Minebea 41,000 350 Mitsubishi Electric 322,000 1,853 Mitsubishi Heavy Industries 143,000 1,168 Mitsubishi Motor 106,000 830 Mitsubishi Oil 223,000 1,479 Mitsui Marine & Fire 99,000 637 Mitsui Petrochem 92,000 528 Mitsui Trust & Banking 66,000 632 Miura 21,000 308 Mizuno 30,000 234 Morita Fire Pump Manufacturing 53,000 295 Nagoya Railroad 124,000 496 Nakayamafuku 11,000 95 Namura Shipbuilding 73,000 279 Nanaboshi 11,000 206 NBC Industries 6,000 88 NIC 20,000 237 Nihon Decoluxe 7,000 105 Nikko Securities 84,000 782 Nippon Computer Systems 10,000 98 Nippon Credit Bank 72,000 183 Nippon Hodo 12,000 143 Nippon Kanzai 8,000 208 Nippon Meat Packers 48,000 628 Nippon Oil 134,000 757 Nippon Paper Industries 66,000 371 Nippon Shoji Kaisha 38,000 300 Nippon Steel 168,000 508 Nippon Telegraph & Telephone 50 357 Nippondenso 27,000 629 Nishio Rent All 15,400 244 Nissan Motors 254,000 1,805 Nisshin Steel 189,000 579 Nittetsu Mining 45,000 387 NKK* 262,000 644 Nomura Securities 50,000 843 Ohishi Sangyo 10,000 85 Ohmoriya 8,000 113 Oie Sangyo 5,000 68 Oki Electric Cable 94,000 558 Onward Kashiyama 38,000 531 Osaka Gas 155,000 478 Paltac 9,000 84 Rengo 133,000 833 Ricoh Elemex 9,000 128 RKB Mainichi Broadcasting 14,000 99 Roki Techno 2,000 40 Roland 19,000 384 Royal Hotel 14,000 95 Ryobi 77,000 334 Ryoyo Electro 17,000 309 Sagami Chain 18,000 324 Sakura Bank 207,000 1,891 Sanko 7,000 77 Sankyu Aluminium 110,000 500 Sanwa Bank 46,000 760 Sanyo Electric 163,000 763 Sanyo Special Steel 180,000 601 Satoh 31,000 302 Seijo 9,100 185 Seino Transportation 43,000 570 Seiyu 60,000 611 Sekisui House 172,000 1,843 Sekisui House Hokuriku 17,000 197 Shaddy 13,000 198 Sharp 38,000 594 Shikoku Electric Power 57,000 1,147 Shimojima 8,000 170 Shinden 8,000 86 Shiseido 61,000 734 Shizuoka Bank 63,000 719 Showa Shell Sekiyo 60,000 575 SK Kaken 8,000 167 Sonton Food Industry 1,000 12 Spancrete 13,000 111 Sumitomo 78,000 661 Sumitomo Bank 65,000 1,131 Sumitomo Marine and Fire Insurance 140,000 996 Sumitomo Realty & Development 110,000 763 21
485BPOS29th “Page” of 61TOC1stPreviousNextBottomJust 29th
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) INTERNATIONAL EQUITY FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Sumitomo Rubber 60,000 $ 428 Sun Life 2,000 28 Suzuki Motor 96,000 1,004 Takara Standard 28,000 253 TDK 15,000 967 Teijin 98,000 467 Tohoku Electric Power 33,000 675 Toin 12,000 99 Tokai Rika 36,000 305 Tokyo Electric Power 16,500 373 Tokyo Gas 221,000 652 Toppan Printing 136,000 1,792 Toshiba 315,000 2,028 Toyo Ink 123,000 575 Toyota Motor 30,000 820 Trancom 8,000 82 Trusco Nakayama 40 1 Tsubakimoto Precision ADR* 32,000 304 Tsudakoma 114,000 627 Tsutsumi Jewelry 10,000 299 Victor of Japan 83,000 868 Xebio 20,000 694 Yaizu Suisankagaku 14,000 215 Yamaichi Securities 187,000 987 Yamanouchi Pharmaceutical 80,000 1,630 Yasuda Trust & Banking 175,000 826 Yodogawa Steel Works 88,000 531 Yonex 16,000 159 Yonkyu 3,000 79 -------- 106,853 -------- MALAYSIA -- 2.5% ACP Industries 21,000 146 Angkasa Marketing 65,000 97 Arab Malaysian Merchant Bank 10,000 63 Austral Enterprises 28,000 55 Bandar Raya Development 144,000 294 Bandar Raya Development 74,000 90 Berjaya Singer 116,000 141 Berjaya Sports 24,000 114 Boustead Holdings 111,000 248 Cement Industries 18,000 54 Datuk Keramat Holdings 51,000 86 DCB Holdings 42,000 144 Diversified Resources 16,000 62 Edaran Otomobil 71,000 700 Genting 12,000 86 Golden Hope Plants 75,000 131 Guinness Anchor 25,000 61 Hicom Holdings 35,000 101 Hume Industries 16,000 105 IGB 14,000 16 IJM 472,000 1,074 IOI Properties 12,000 39 Jaya Tiasa Holdings 15,000 83 KFC Holdings 19,666 87 KFC Holdings Warrants* 2,333 3 Kuala Lumpur Kepong 140,000 338 Larut Consolidated 51,000 74 Magnum 74,000 146 Malayan Bank 65,970 653 Malaysian Airline System 145,000 376 Malaysian International Shipping 30,000 95 Malaysian Pacific Industries 110,000 448 Matsushita Electric 1,000 10 MBF Capital 187,000 293 Metroplex 69,000 89 Multi Purpose Holdings 241,000 467 Nestle 6,000 47 New Straits Times Press 10,000 57 Nylex 10,500 24 Perlis Plantations 123,250 361 Perusahaan Otomobil 17,000 108 Renong 59,000 109 Resorts World 26,000 131 RJ Reynolds 20,000 53 Rothmans of Pall Mall 5,000 52 Sime Darby 49,000 183 Sime Uep Properties 16,000 41 Sungei Way Holdings 16,000 94 TA Enterprise 38,000 54 Tan Chong Motor 32,000 57 Technology Resources Industries 16,000 33 Telekom Malaysia 26,110 238 Tenaga Nasional 38,000 173 UMW Holdings 20,000 95 United Engineers 26,000 236 Westmont Industries 60,000 109 -------- 9,324 -------- NETHERLANDS -- 6.3% ABN-Amro Holdings 42,344 2,744 ACF Holdings 10,300 167 Aegon 23,354 1,316 Ahold 26,295 1,646 Akzo Nobel 12,700 1,687 Beers 2,500 94 DSM 4,000 388 Elsevier 90,150 1,538 Eriks Holdings 600 48 EVC International 8,850 275 Hollandsche Beton Groep 2,200 417 Hoogovens 7,500 289 Ing Groep 87,502 3,066 International Muller 9,600 240 KLM 27,000 697 Kondor Wessels Groep 300 12 KPN 23,250 871 22
485BPOS30th “Page” of 61TOC1stPreviousNextBottomJust 30th
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- National Invest Bank, Cl A 700 $ 60 Nedlloyd Groep 800 20 Nijverdal Tencate 2,900 145 NKF Holdings 3,000 108 Pakhoed 7,100 216 Phillips Electronics 28,300 1,144 Polygram 16,965 818 Polynorm 200 17 Royal Dutch Petroleum, Bearer 16,450 2,775 Stad Rotterdam 17,260 681 Van Ommeren 5,600 244 Vendex International 25 1 Volker Stevin 4,100 371 Wolters Kluwer 11,575 1,514 -------- 23,609 -------- NEW ZEALAND -- 1.0% Air New Zealand, Cl B 23,455 62 Brierley Investment 240,000 215 Carter Holt Harvey 285,097 657 Fisher & Paykel 74,693 282 Fletcher Challenge Building 35,000 98 Fletcher Challenge Energy 36,200 108 Fletcher Challenge Paper 314,249 563 Independent Newspaper 38,530 195 Lion Nathan 330,852 849 Telecom of New Zealand 111,936 590 -------- 3,619 -------- NORWAY -- 0.6% Christiania Bank 209,000 642 Den Norske Bank 216,900 811 Dyno Industrier 1,100 27 Leif Hoegh & Company 700 13 Norske Skogs Industries, Cl A 3,200 97 SAS Norge 20,400 207 Sparebanken Norway 7,100 214 Uni-Storebrand, Cl A 48,300 288 -------- 2,299 -------- SINGAPORE -- 1.9% British American Tobacco 13,000 56 City Developments 120,400 1,067 Clipsal Industries 30,000 96 Comfort Group 115,000 99 Cycle & Carriage 72,000 817 DBS Land 34,000 121 Development Bank of Singapore, F 19,000 245 First Capital 63,000 180 Fraser and Neave 8,000 83 Goldtron 23,000 14 Hai Sun Hup Group 319,000 230 Haw Par Brothers International 39,000 89 Inchcape 48,000 160 Industrial & Commercial Bank 57,000 209 Jardine Matheson Holdings 22,000 145 Keppel 30,000 233 Overseas Chinese Bank, F 26,000 315 Overseas Union Bank, F 36,000 265 Overseas Union Enterprises 12,000 59 Pacific Carriers 91,000 66 Parkway Holdings 36,000 136 Republic Hotels & Resorts 51,000 64 Singapore International Airlines, F 23,000 217 Singapore Land 18,000 103 Singapore Press, F 18,720 354 Singapore Technology Industrial 28,000 68 Ssangyong Cement 34,000 79 United Overseas Bank 23,264 247 Van Der Horst 63,000 281 Wing Tai Holdings 297,000 813 -------- 6,911 -------- SPAIN -- 2.9% Azucarera Espana 2,800 112 Banco Bilbao Vizcaya 21,402 1,082 Banco Popular Espana 3,752 727 Banco Santander 10,983 595 Campofrio Alimentacion 1,100 41 Cubiertas Mzov 2,300 183 Dragados Construction 11,700 163 Elec Reun Zaragoza 9,330 313 Empresa Nacional de Electricidad 2,600 176 Empresas Nacional de Cellulosa 13,600 169 Energia Industries Aragonesas 16,700 84 Fomento de Construcciones Contratas 1,800 152 Gas Y Electricid, Series 2 4,900 276 Gas Natural 5,470 1,135 Hidroel Cantabrico 7,900 266 Iberdrola 131,380 1,516 Tabacalera, Cl A 2,700 106 Telefonica de Espana 122,522 2,687 Uniland Cementera 1,700 63 Union Electrica Fenosa 119,000 897 -------- 10,743 -------- SWEDEN -- 3.1% ASG, Series B 4,200 80 Bergman & Beving, Series B 3,300 100 Blylock & Nordsjofr, Series B 18,800 189 Catena, Series A 26,800 300 Elkem, Series A 20,700 323 Ericsson Telephone, Series B 63,900 1,972 23
485BPOS31st “Page” of 61TOC1stPreviousNextBottomJust 31st
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) INTERNATIONAL EQUITY FUND -- CONTINUED -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Hennes & Mauritz, Series B 11,240 $ 1,622 Industrivarden, Series A 7,400 346 Marieberg Tidnings, Series A 600 16 Mo Och Domsjo, Series B 900 25 Pharmacia & Upjohn 13,600 524 Rottneros 152,700 184 Skandia Forrestry 42,400 1,210 SKF, Series B 42,800 909 Sparbanken Sverige, Series A 43,400 718 SSAB, Series B 2,300 38 Stora Kopparbergs, Series A 68,500 939 Svedala Industies 2,000 34 Swedish Match* 128,800 422 Trelleborg, Series B 22,100 290 Trygg-Hansa, Series B 5,700 110 Volvo, Series B 55,600 1,222 -------- 11,573 -------- SWITZERLAND -- 4.4% Aare-Tessin 330 217 Alusuisse Lonza 320 256 Asea Brown Boveri, Bearer 1,361 1,703 Attisholz Holding 200 79 Baer Holdings 270 290 Baloise Holdings 160 357 Banque Cantonale Vaudoise, Bearer 1,120 300 Bucher Holdings 210 152 Ciba Geigy 553 684 Cie Financiere Richemont, Bearer 360 532 CS Holdings 12,370 1,317 Daetwyler Holding, Bearer 10 17 EMS Chemie Holding 130 506 Internshop Holding, Bearer 220 118 Keramik Holding 130 67 Kuoni Reisen Holding, Cl B 10 22 KW Laufenburg, Bearer 30 6 Nestle 1,520 1,650 Roche Holdings 169 1,299 Sandoz Pharmaceutical 1,380 1,605 Schindler Holding 20 21 Schweizerische Bankverein 4,890 966 Schweizerische Ruckversicher 930 1,016 Union Bank of Switzerland* 1,140 1,074 Vontobel Holding, Bearer 90 49 Winterthur 1,410 869 Zurich Versicherung 4,035 1,146 -------- 16,318 -------- UNITED KINGDOM -- 15.0% Abbey National 129,200 1,513 Adwest Group 19,400 47 Albert Fisher Group 350,600 248 Amec 125,600 206 Anglian Water 11,800 116 Argyll Group 161,300 1,055 ASDA Group 344,500 686 Associated British Foods 87,200 647 Astec 115,000 307 Bank of Scotland 161,800 797 Barclays Bank 86,400 1,487 Bass 49,100 647 Bat Industries 192,951 1,540 Bicc 68,263 323 Blue Circle Industries 90,000 563 Bridon 3,200 6 Bristol Water Holdings 1,800 39 British Aerospace 38,000 739 British Airways 62,600 619 British Biotech 80,180 283 British Steel 234,400 654 British Telecommunications 465,600 2,963 BTP 42,300 222 Bullough 6,400 8 Burmah Castrol 1 -- Burn Stewart Distillers 2,200 3 Charter 9,300 116 Commercial Union 38,200 424 Courtaulds 74,000 498 Cowie Group 23,466 156 Davis Service Group 40,000 151 De La Rue 47,000 460 Devro 44,700 192 East Midlands Electric 49,900 512 ED & F Man Group 28,300 85 EIS Group 700 4 Eurodis Electron 39,500 106 General Accident 79,100 974 General Electric 153,300 960 Glaxo Wellcome 99,600 1,639 Grampian Holdings 1,700 3 Granada Group 56,000 814 Grand Metropolitan 60,400 472 Greenalls Group 61,700 623 Guardian Royal Exchange 163,300 736 Guinness 157,000 1,175 Hambros 62,200 253 Hammerson 76,800 493 Hanson 352,981 475 Hazlewood Foods 140,300 219 Heath, C.E. 19,900 26 Heywood Williams 48,500 182 Hillsdown Holdings 167,581 506 HSBC Holdings 33,200 717 HSBC Holdings (Hong Kong exchange) 1,600 34 Hyder 38,500 480 24
485BPOS32nd “Page” of 61TOC1stPreviousNextBottomJust 32nd
================================================================================ -------------------------------------------------------------------------------- Market Description Shares Value (000) -------------------------------------------------------------------------------- Iceland Frozen Foods 105,000 $ 141 Imperial Tobacco* 35,298 225 Invesco 6,400 28 Kenwood Appliances 18,900 70 Kingfisher 68,800 751 Kwik Save Group 67,400 339 Lasmo 163,300 604 Lex Service 65,500 371 Life Sciences International 113,200 174 Lloyds Abbey Life 68,500 751 London & Manchester Group 30,700 214 London Electricity 22,200 241 London Pacific Group 8,000 28 Marston Thompson 62,800 300 Matthew Clark 34,600 170 Medeva 33,700 145 Morrison Supermarket 172,000 453 National Power 113,300 880 National Westminster 104,500 1,210 Next 75,500 748 Norhtern Electric 31,400 311 North West Water Group 84,500 838 Northern Foods 89,000 297 Northern Ireland Electricity 12,700 76 Ocean Group 31,900 247 Perkins Foods 3,600 5 Persimmon 52,200 180 Premier Oil 19,800 11 Prudential 107,900 885 Redland 59,400 370 Renold 52,600 234 Reuters Holdings 37,000 450 RJB Mining 26,900 237 Rolls Royce 101,350 437 Royal Sun Alliance 256,689 1,936 Scottish Hydro-Electric 43,500 228 Scottish Power 141,200 803 Sedgwick Group 116,300 245 Severn Trent 70,400 774 Shell Transportation & Trading 93,500 1,555 Smiths Industries 26,200 349 South West Water 37,900 370 Southern Electric 52,000 613 St. Ives 27,300 219 Stakis 123,300 188 Stakis Rights* 70,457 8 Staveley Industries 2,300 7 Tarmac 144,300 215 Tate & Lyle 85,250 690 Taylor Woodrow 55,100 139 Tesco 210,800 1,207 Thames Water 85,200 827 Thorn 120,100 557 Tomkins 123,600 516 TT Group 3,800 20 Unichem 49,300 206 Unigate 44,700 328 Vaux Group 4,200 18 Vendome Group, units 45,000 406 Vodafone Group 101,800 441 Wardle Storeys 1,100 9 Waste Management 21,300 97 Watson & Philip 20,200 133 Wessex Water 46,900 277 Whitbread, Cl A 27,800 358 Whitecroft 1,200 3 Williams Holdings 122,000 700 Yorkshire Electric Power 5,400 69 Yorkshire Water 7,700 89 -------- 56,224 -------- UNITED STATES -- 0.0% Millennium Chemical* 5 101 -------- Total Foreign Common Stocks (Cost $342,724) 354,782 -------- FOREIGN PREFERRED STOCKS -- 0.1% BELGIUM -- 0.0% Cockerill Sambre 11,000 45 -------- GERMANY -- 0.0% Dyckerhoff 116 30 Escada 30 5 Dragerwerk 30 3 Krones 70 22 Villeroy and Boch 170 19 -------- 79 -------- ITALY -- 0.1% Fiat 158,920 247 Unipol 53,580 104 -------- 351 -------- Total Foreign Preferred Stocks (Cost $499) 475 -------- FOREIGN CONVERTIBLE BONDS -- 0.0% FRANCE -- 0.0% Castorama Dubois 3.15%, 01/01/03 184 44 -------- SPAIN -- 0.0% Mapfre 8.50%, 02/27/99 276 23 -------- Total Foreign Convertible Bonds (Cost $67) 67 -------- 25
485BPOS33rd “Page” of 61TOC1stPreviousNextBottomJust 33rd
STATEMENT OF NET ASSETS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) INTERNATIONAL EQUITY FUND -- CONCLUDED -------------------------------------------------------------------------------- Face Amount Market Description (000) Value (000) -------------------------------------------------------------------------------- U.S. TREASURY OBLIGATION -- 0.3% U.S. Treasury Bill 5.087%, 01/09/97 (A) $ 900 $ 895 -------- Total U.S. Treasury Obligation (Cost $895) 895 -------- REPURCHASE AGREEMENTS -- 3.7% Morgan Stanley 5.62%, dated 11/29/96, matures 12/2/96, repurchase price $12,872,403 (collateralized by Tennessee Valley Authority, total par value $12,840,000, 5.98%, 4/01/36: total market value $13,208,981) 12,866 12,866 State Street Bank 4.750%, dated 11/29/96, matures 12/2/96, repurchase price $1,024,405 (collateralized by U.S. Treasury Bond, total par value $810,000, 8.875%, 2/15/19: total market value $1,051,938) 1,024 1,024 -------- Total Repurchase Agreements (Cost $13,890) 13,890 -------- Total Investments -- 98.8% (Cost $358,075) 370,109 -------- OTHER ASSETS AND LIABILITIES, NET -- 1.2% 4,566 -------- NET ASSETS: Capital shares (unlimited authorization -- no par value) based on 36,351,108 outstanding shares of beneficial interest $ 359,041 Accumulated net realized gain on investments, futures contracts, and foreign currency transactions 1,813 Net unrealized appreciation on investments 12,034 Net unrealized appreciation on forward foreign currency contracts, foreign currency and translation of other assets and liabilities in foreign currency 15 Net unrealized appreciation on futures contracts 351 Undistributed net investment income 1,421 -------- TOTAL NET ASSETS -- 100.0% $ 374,675 ======== Net Asset Value, Offering Price and Redemption Price Per Share $ 10.31 ======== * Non-income producing security ADR -- American Depository Receipt Cl -- Class F -- Foreign Registry Share (A) -- Security has been pledged as collateral on open futures contracts. The accompanying notes are an integral part of the financial statements. 26
485BPOS34th “Page” of 61TOC1stPreviousNextBottomJust 34th
STATEMENT OF ASSETS AND LIABILITIES (000) ================================================================================ SEI Institutional Investments Trust -- As of November 30, 1996 (Unaudited) ----------- CORE FIXED INCOME FUND ----------- ASSETS: Investment securities (Cost $170,690) $176,068 Cash 1 Interest receivable 2,144 Investment securities sold 13,020 Capital shares sold 4,600 Other assets 155 -------- Total Assets 195,988 -------- LIABILITIES: Distribution payable 972 Investment securities purchased 9,170 TBA sale commitment at value (proceeds $1,830) 1,834 Other liabilities 98 -------- Total Liabilities 12,074 -------- Net Assets $183,914 ======== NET ASSETS: Portfolio shares of Class A (unlimited authorization -- no par value) based on 17,618,415 outstanding shares of beneficial interest 177,166 Accumulated net realized gain on investments 1,387 Net unrealized appreciation on investments 5,378 Net unrealized depreciation on futures contracts (17) -------- NET ASSETS $183,914 ======== NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE $ 10.44 ======== The accompanying notes are an integral part of the financial statements. 27
485BPOS35th “Page” of 61TOC1stPreviousNextBottomJust 35th
STATEMENT OF OPERATIONS (000) ================================================================================ SEI Institutional Investments Trust -- For the period ended November 30, 1996 (Unaudited) [Enlarge/Download Table] Large Small Core Fixed International Cap Cap Income Equity Fund (1) Fund (1) Fund (1) Fund (1) ------- ------- ------- ------- INVESTMENT INCOME: Dividends $ 2,006 $ 146 $ -- $ 2,127 Interest 251 175 4,769 273 Less: Foreign taxes withheld -- -- -- (245) ------- ------- ------- ------- Total Investment Income 2,257 321 4,769 2,155 ------- ------- ------- ------- EXPENSES: Management fees 57 14 35 58 Management fees waived (34) (8) (21) (35) Investment advisory fees 455 180 210 587 Investment advisory fees waived (159) (41) (117) (196) Custodian/wire agent fees 9 2 6 230 Professional fees 14 3 8 19 Registration & filing fees 34 9 15 46 Trustee fees 1 1 1 1 Miscellaneous fees 10 6 10 24 ------- ------- ------- ------- Total Expenses 387 166 147 734 ------- ------- ------- ------- NET INVESTMENT INCOME 1,870 155 4,622 1,421 ------- ------- ------- ------- NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FOREIGN CURRENCY TRANSACTIONS: Net realized gain (loss) from: Security transactions (863) (2,263) 1,450 1,731 Futures contracts 243 268 (63) 136 Net realized loss on forward foreign currency contracts and foreign currency transactions -- -- -- (54) Net change in unrealized appreciation on forward foreign currency contracts, foreign currencies, and translation of other assets and liabilities denominated in foreign currencies -- -- -- 15 Net change in unrealized appreciation on investments 37,440 4,426 5,378 12,034 Net change in unrealized appreciation/ (depreciation) on futures contracts 41 396 (17) 351 ------- ------- ------- ------- NET INCREASE IN NET ASSETS FROM OPERATIONS $38,731 $ 2,982 $11,370 $15,634 ======= ======= ======= ======= Amounts designated as " -- " are either $0 or have been rounded to $0. (1) The Funds commenced operations on June 14, 1996. The accompanying notes are an integral part of the financial statements. 28
485BPOS36th “Page” of 61TOC1stPreviousNextBottomJust 36th
STATEMENT OF CHANGES IN NET ASSETS (000) ================================================================================ SEI Institutional Investments Trust -- For the period ended November 30, 1996 (Unaudited) [Enlarge/Download Table] Large Small Core Fixed International Cap Cap Income Equity Fund (1) Fund (1) Fund (1) Fund (1) 6/14/96 - 6/14/96 - 6/14/96 - 6/14/96 - 11/30/96 11/30/96 11/30/96 11/30/96 -------- ------- -------- -------- OPERATIONS: Net investment income $ 1,870 $ 155 $ 4,622 $ 1,421 Net realized gain (loss) from security transactions and futures contracts (620) (1,995) 1,387 1,867 Net realized loss on forward foreign currency contracts and foreign currency transactions -- -- -- (54) Net change in unrealized appreciation on forward foreign currency contracts, foreign currencies, and translation of other assets and liabilities denominated in foreign currencies -- -- -- 15 Net change in unrealized appreciation on investments and futures contracts 37,481 4,822 5,361 12,385 -------- ------- -------- -------- Net increase in net assets from operations 38,731 2,982 11,370 15,634 -------- ------- -------- -------- DIVIDENDS DISTRIBUTED FROM: Net investment income (1,188) (78) (4,622) -- Net realized gains -- -- -- -- -------- ------- -------- -------- Total dividends distributed (1,188) (78) (4,622) -- -------- ------- -------- -------- CAPITAL SHARE TRANSACTIONS Proceeds from shares issued 285,812 86,036 188,425 432,650 Reinvestment of cash distributions 1,187 78 4,551 -- Cost of shares redeemed (38,524) (7,817) (15,911) (73,609) -------- ------- -------- -------- INCREASE IN NET ASSETS DERIVED FROM CAPITAL SHARE TRANSACTIONS 248,475 78,297 177,067 359,041 -------- ------- -------- -------- Net increase in net assets 286,018 81,201 183,815 374,675 NET ASSETS: Beginning of period -- -- 99 -- -------- ------- -------- -------- End of period $286,018 $81,201 $183,914 $374,675 ======== ======= ======== ======== CAPITAL SHARE TRANSACTIONS: Shares issued 28,574 8,766 18,719 43,763 Reinvestment of cash distributions 119 8 446 -- Shares redeemed (3,616) (796) (1,557) (7,412) -------- ------- -------- -------- Net increase in capital shares 25,077 7,978 17,608 36,351 ======== ======= ======== ======== Amounts designated as " -- " are either $0 or have been rounded to $0. (1) The Funds commenced operations on June 14, 1996. The accompanying notes are an integral part of the financial statements. 29
485BPOS37th “Page” of 61TOC1stPreviousNextBottomJust 37th
FINANCIAL HIGHLIGHTS ================================================================================ SEI Institutional Investments Trust -- For the period ended November 30, 1996 (Unaudited) For a Share Outstanding Throughout each Period [Enlarge/Download Table] Net Realized Net Asset and Distributions Distributions Value Net Unrealized from Net from Net Asset Beginning Investment Gains on Investment Realized Capital Value End of Period Income Securities Income Gains of Period -------------------------------------------------------------------------------- ------------------ LARGE CAP FUND (1) ------------------ CLASS A 1996 $10.00 $0.08 $1.38 $(0.05) -- $11.41 ------------------ SMALL CAP FUND (1) ------------------ CLASS A 1996 $10.00 $0.02 $0.17 $(0.01) -- $10.18 -------------------------- CORE FIXED INCOME FUND (1) -------------------------- CLASS A 1996 $10.00 $0.31 $0.44 $(0.31) -- $10.44 ----------------------------- INTERNATIONAL EQUITY FUND (1) ----------------------------- CLASS A 1996 $10.00 $0.04 $0.27 -- -- $10.31 Ratio of Ratio of Net Investment Ratio of Expenses Income Ratio of Net Investment to Average to Average Net Assets Expenses Income Net Assets Net Assets Portfolio Average Total End of to Average to Average (Excluding (Excluding Turnover Commission Return Period (000) Net Assets Net Assets Waivers) Waivers) Rate Rate+ ------------------------------------------------------------------------------------------- ------------------ LARGE CAP FUND (1) ------------------ CLASS A 14.67% $286,018 0.34% 1.64% 0.51% 1.47% 35% $0.049 ------------------ SMALL CAP FUND (1) ------------------ CLASS A 1.94% $81,201 0.60% 0.56% 0.78% 0.38% 81% $0.055 -------------------------- CORE FIXED INCOME FUND (1) -------------------------- CLASS A 7.57% $183,914 0.21% 6.60% 0.41% 6.40% 114% -- ----------------------------- INTERNATIONAL EQUITY FUND (1) ----------------------------- CLASS A 3.10% $374,675 0.63% 1.22% 0.83% 1.02% 64% $0.018 + Average commission rate paid per share for security purchases and sales during the period. (1) The Funds commenced operations on June 14, 1996. All ratios except total return have been annualized. The accompanying notes are an integral part of the financial statements. 30
485BPOS38th “Page” of 61TOC1stPreviousNextBottomJust 38th
NOTES TO FINANCIAL STATEMENTS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) 1. ORGANIZATION SEI Institutional Investments Trust (the "Trust") was organized as a Massachusetts business trust under a Declaration of Trust dated March 1, 1995. The Trust is registered under the Investment Company Act of 1940, as amended, as an open-end investment company with four diversified, operational funds: the Large Cap, Small Cap, Core Fixed Income, and International Equity Funds (each a "Fund" and, together, the "Funds"). 2. SIGNIFICANT ACCOUNTING POLICIES The following is a summary of the significant accounting policies followed by the Trust. Security Valuation -- Investments in equity securities which are traded on a national securities exchange (or reported on NASDAQ national market system) are stated at the last quoted sales price if readily available for such equity securities on each business day; other equity securities traded in the over-the-counter market and listed equity securities for which no sale was reported on that date are stated at the last quoted bid price. Foreign securities in the International Equity Fund are valued based on quotations from the primary market in which they are traded. Debt obligations with remaining maturities in excess of sixty days are valued at the most recently quoted bid price. Debt obligations with remaining maturities of sixty days or less are valued at their amortized cost which approximates market value. Federal Income Taxes -- It is each Fund's intention to qualify as a regulated investment company for Federal income tax purposes and distribute all of its taxable income (including net capital gains). Accordingly, no provision for Federal income taxes is required. Net Asset Value Per Share -- Net asset value per share is calculated on a daily basis by dividing the assets of each Fund less its liabilities by the number of outstanding shares of the Fund. Repurchase Agreements -- Securities pledged as collateral for repurchase agreements are held by each Fund's custodian bank until maturity of the repurchase agreement. Provisions of the repurchase agreement and procedures adopted by the Manager and the Advisers of the Trust ensure that the market value of the collateral, including accrued interest thereon, is sufficient in the event of default by the counterparty. The Funds also invest in tri-party repurchase agreements. Securities held as collateral for tri-party repurchase are maintained by the broker's custodian bank in a segregated account until maturity of the repurchase agreement. Provisions of the repurchase agreements ensure that the market value of the collateral, including accrued interest thereon, is sufficient in the event of default. If the counterparty defaults and the value of the collateral declines or if the counterparty enters into an insolvency proceeding, realization of the collateral by the Funds may be delayed or limited. Discount and Premium Amortization -- All amortization is calculated using the effective interest method over the holding period of the security. Amortization of premiums and discounts is included in interest income. Expenses -- Expenses that are directly related to one of the Fund are charged directly to that Fund. Other operating expenses of the Funds are prorated to the Funds on the basis of relative net assets. Foreign Currency Translation -- The books and records of the International Equity Fund are maintained in U.S. dollars on the following basis: (I) market value of investment securities, assets and liabilities at the current rate of exchange; and (II) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. The International Equity Fund does not isolate that portion of gains and losses on investments in equity securities which is due to changes in the foreign exchange rates from that which is due to change in market prices of equity securities. The International Equity Fund reports certain foreign currency related transactions as components of realized gains for financial reporting purposes, whereas such components are treated as ordinary income for Federal income tax purposes. Futures Contracts -- Each of the Funds utilized futures contracts during the period ended 31
485BPOS39th “Page” of 61TOC1stPreviousNextBottomJust 39th
NOTES TO FINANCIAL STATEMENTS ================================================================================ SEI Institutional Investments Trust -- November 30, 1996 (Unaudited) November 30, 1996. The Large Cap, Small Cap, and International Equity Fund's investment in Index futures contracts is designed to enable the Funds to more closely approximate the performance of their benchmark indices. The Core Fixed Income Fund's use of futures contracts is primarily for tactical hedging purposes. Initial margin deposits of cash or securities are made upon entering into futures contracts. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized gains and losses. Variation margin payments are paid or received, depending upon whether unrealized losses or gains are incurred. When the contract is closed, the Fund records a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the amount invested in the contract. Risks related to futures contracts include the possibility that there may not be a liquid market for the contracts, that changes in the values of the contract may not directly correlate with changes in the values of the underlying securities, and that counterparty to a contract may default on its obligation to perform. Structured Notes and Indexed Notes -- The Core Fixed Income Fund may invest in structured notes and indexed notes whose values are linked either directly and inversely to changes in foreign currency exchange rates, interest rates, indices, or other reference instruments. The values of these instruments may be more volatile than the rates, indices, or instruments to which they refer, but any loss is limited to the amount of the original investment. Other -- Security transactions are recorded on the trade date of the security purchase or sale. Cost used in determining net realized capital gains and losses on the sale of securities are those of the specific securities sold. Dividend income is recognized on the ex-dividend date, and interest income is recognized using the accrual basis of accounting. 3. MANAGEMENT, INVESTMENT ADVISORY AND DISTRIBUTION AGREEMENTS The Trust and SEI Fund Management (the "Manager") are parties to a management agreement (the "Agreement") dated March 1, 1995. Under this Agreement, the Manager provides administrative and shareholder servicing for an annual fee of .05% of the average daily net assets of each Fund. The Manager has agreed to waive a portion of its fee so that the total annual expenses of each Fund will not exceed certain voluntary expense limitations adopted by the Manager. The Trust and SEI Financial Services Company (the "Distributor") are parties to a distribution agreement dated June 14, 1996 pursuant to which the Distributor provides distribution-related services to the Trust. The Distributor is not currently entitled to any fee for performing these services. SEI Financial Management Corporation ("SFM") serves as investment adviser to each Fund. In connection with serving as investment adviser, SFM is entitled to a fee, which is calculated daily and paid monthly, at an annual rate of .40% of the Large Cap Fund's average daily net assets, at an annual rate of .65% of the Small Cap Fund's average daily net assets, at an annual rate of .30% of the Core Fixed Income Fund's average daily net assets, at an annual rate of .51% of the International Equity Fund's average daily net assets. Alliance Capital Management L.P., IDS Advisory Group, Inc., Provident Investment Counsel, Inc., LSV Asset Management, Mellon Equity Associates, and Pacific Alliance Capital Management each serve as an investment sub-adviser to a portion of the assets of the Large Cap Fund and are parties to investment sub-advisory agreements with SFM dated June 14, 1996. Nicholas-Appelgate Capital Management, Wall Street Associates, Boston Partners Asset Management, L.P., 1838 Investment Advisors, L.P., and First of America Investment Corporation each serve as an investment sub-adviser to a portion of the assets of the Small Cap Fund and are parties to investment sub-advisory agreements with the Trust and SFM dated June 14, 1996. Furman Selz Capital Management, LLC also serves as an investment sub-adviser to a portion of the assets and is party to an agreement with SFM dated September 20, 1996. 32
485BPOS40th “Page” of 61TOC1stPreviousNextBottomJust 40th
Western Asset Management Company, BlackRock Financial Management, Inc., and Firstar Investment Research & Management Company each serve as an investment sub-adviser to a portion of the assets of the Core Fixed Income Fund and are parties to investment sub-advisory agreements with SFM dated June 14, 1996. Acadian Asset Management, Inc., Farrell Wako Global Investment Management, Inc., Morgan Grenfell Investment Services, Ltd., Seligman Henderson Co., and Yamaichi Capital Management, Inc./ Yamaichi Capital Management (Singapore) Limited each serve as an investment sub-adviser to a portion of the assets of the International Equity Fund and are parties to investment sub-advisory agreements with SFM dated June 14, 1996. 4. ORGANIZATIONAL COSTS AND TRANSACTIONS WITH AFFILIATES Organizational costs have been capitalized by the Funds and are being amortized over sixty months commencing with operations. In the event any of the initial shares are redeemed by any holder thereof during the period that the Fund is amortizing its organizational costs, the redemption proceeds payable to the holder thereof by the Fund will be reduced by the unamortized organizational costs in the same ratio as the number of initial shares outstanding at the time of redemption. Certain officers and/or trustees of the Trust are also officers of the Manager. The Trust pays each unaffiliated Trustee an annual fee for attendance of quarterly, interim and committee meetings. Compensation of officers and affiliated Trustees of the Trust is paid by the Manager. Each of the Funds also used the Distributor as an agent in placing repurchase agreements. For this service the Distributor retains a portion of the interest earned as a commission. Such commissions for the period ended November 30, 1996 were nominal in the aggregate. 5. INVESTMENT TRANSACTIONS The cost of security purchases and proceeds from the sale of securities including US Government securities, other than temporary cash investments during the period ended November 30, 1996, were as follows: [Download Table] PURCHASES (000) SALES (000) --------------- ----------- Large Cap Fund $331,561 $84,354 Small Cap Fund 107,237 46,259 Core Fixed Income Fund 306,513 150,872 International Equity Fund 498,188 156,648 At November 30, 1996, the total cost of securities and the net realized gains or losses on securities sold for Federal income tax purposes was not materially different from amounts reported for financial reporting purposes. The aggregate gross unrealized appreciation and depreciation on investments at November 30, 1996 is as follows: [Download Table] NET APPRECIATED DEPRECIATED UNREALIZED SECURITIES SECURITIES APPRECIATION (000) (000) (000) ---------- ---------- ------------ Large Cap Fund $40,394 $2,913 $37,481 Small Cap Fund 7,840 3,018 4,822 Core Fixed Income Fund 5,392 31 5,361 International Equity Fund 25,028 12,994 12,034 33
485BPOS41st “Page” of 61TOC1stPreviousNextBottomJust 41st
NOTES TO FINANCIAL STATEMENTS ================================================================================ SEI Institutional Investments Trust - November 30, 1996 (Unaudited) The market values of the Core Fixed Income Fund's investments will change in response to interest rate changes and other factors. During periods of falling interest rates, the values of fixed income securities generally rise. Conversely, during periods of rising interest rates, the values of such securities generally decline. Changes by recognized rating agencies in the ratings of any fixed income security and in the ability of an issuer to make payments of interest and principal may also affect the value of these investments. 6. FUTURES CONTRACTS The following Portfolios had futures contracts open as of November 30, 1996: NUMBER UNREALIZED CONTRACT OF TRADE SETTLEMENT GAIN/(LOSS) DESCRIPTION CONTRACTS PRICE MONTH (000) ----------- --------- ----- ----- ----- Large Cap Fund S & P 500 2 $732.35 Dec. 1996 $ 26 S & P 500 2 734.50 Dec. 1996 24 S & P 500 17 759.25 Dec. 1996 (9) ----- $ 41 ===== Small Cap Fund S & P 500 8 $711.40 Dec. 1996 $187 S & P 500 3 705.75 Dec. 1996 79 S & P 500 3 706.75 Dec. 1996 77 S & P 500 2 705.35 Dec. 1996 53 ----- $396 ===== Core Fixed Income Fund U.S. Long T-Bond 3 $ 110.43 Dec. 1996 $(17) ===== NUMBER UNREALIZED CONTRACT OF TRADE SETTLEMENT GAIN/(LOSS) DESCRIPTION CONTRACTS PRICE MONTH (000) ----------- --------- ----- ----- ----- International Equity Fund Australia Ords Index 7 $2,292.00 Dec. 1996 $ 13 Australia Ords Index 2 2,378.00 Dec. 1996 -- Australia Ords Index 1 2,395.00 Dec. 1996 -- Australia Ords Index 1 2,359.00 Dec. 1996 1 Australia Ords Index 1 2,350.00 Dec. 1996 1 Australia Ords Index 1 2,370.00 Dec. 1996 -- CAC 40 Index 9 2,121.00 Dec. 1996 68 CAC 40 Index 1 2,126.00 Dec. 1996 7 CAC 40 Index 1 2,142.00 Dec. 1996 7 CAC 40 Index 1 2,168.50 Dec. 1996 6 CAC 40 Index 2 2,180.50 Dec. 1996 11 CAC 40 Index 2 2,204.00 Dec. 1996 9 CAC 40 Index 2 2,143.50 Dec. 1996 12 CAC 40 Index 1 2,156.00 Dec. 1996 6 CAC 40 Index 4 2,231.00 Dec. 1996 14 DAX Index 1 2,641.50 Dec. 1996 14 DAX Index 2 2,648.00 Dec. 1996 27 DAX Index 1 2,645.00 Dec. 1996 14 DAX Index 1 2,665.00 Dec. 1996 12 DAx Index 1 2,736.00 Dec. 1996 8 DAX Index 1 2,742.00 Dec. 1996 7 DAX Index 1 2,686.00 Dec. 1996 11 DAX Index 2 2,742.00 Dec. 1996 14 FTSE 100 Index 3 3,944.00 Dec. 1996 16 FTSE 100 Index 4 4,002.00 Dec. 1996 11 FTSE 100 Index 2 4,014.00 Dec. 1996 5 FTSE 100 Index 1 3,972.00 Dec. 1996 4 FTSE 100 Index 1 3,992.00 Dec. 1996 3 FTSE 100 Index 2 4,072.00 Dec. 1996 -- FTSE 100 Index 2 4,088.00 Dec. 1996 (2) FTSE 100 Index 1 3,970.00 Dec. 1996 4 FTSE100 Index 1 3,945.50 Dec. 1996 5 34
485BPOS42nd “Page” of 61TOC1stPreviousNextBottomJust 42nd
NUMBER UNREALIZED CONTRACT OF TRADE SETTLEMENT GAIN/(LOSS) DESCRIPTION CONTRACTS PRICE MONTH (000) ----------- --------- ----- ----- ----- Hang Seng Index 5 13,450.00 Dec. 1996 $ 1 Hang Seng Index 3 13,449.00 Dec. 1996 -- IBEX 35 Index 215 4,463.50 Dec. 1996 36 IBEX 35 Index 78 4,478.50 Dec. 1996 12 IBEX 35 Index 3 4,604.00 Dec. 1996 -- NIKKEI 225 Index 8 20,545.00 Dec. 1996 20 NIKKEI 225 Index 9 21,250.00 Dec. 1996 (5) NIKKEI 225 Index 4 21,305.00 Dec. 1996 (3) NIKKEI 225 Index 2 21,570.00 Dec. 1996 (4) NIKKEI 225 Index 2 21,575.00 Dec. 1996 (4) NIKKEI 225 Index 6 21,640.00 Dec. 1996 (14) NIKKEI 225 Index 5 21,705.00 Dec. 1996 (13) NIKKEI 225 Index 2 20,790.00 Dec. 1996 3 NIKKEI 225 Index 3 20,515.00 Dec. 1996 8 NIKKEI 225 Index 4 20,720.00 Dec. 1996 7 NIKKEI 225 Index 1 21,385.00 Dec. 1996 (1) ---- $351 ==== 35
485BPOS43rd “Page” of 61TOC1stPreviousNextBottomJust 43rd
PART C. OTHER INFORMATION Item 24. Financial Statements and Exhibits: (a) Financial Statements: (i) Financial Highlights for the Large Cap, Small Cap, Core Fixed Income, High Yield Bond, International Fixed Income, Emerging Markets Equity and International Equity Funds are included in Part A as prospectus supplements. (ii) The Registrant's unaudited Financial Statements for the Large Cap, Small Cap, Core Fixed Income, High Yield Bond, International Fixed Income, Emerging Markets Equity and International Equity Funds are filed herewith. The Financial Statements included are in Part B, the Statement of Additional Information: Statement of Net Assets Statement of Operations Statement of Changes in Net Assets Financial Highlights Notes to Financial Statements (iii) The Registrant's seed capital financial statements for the Large Cap, Small Cap, Core Fixed Income, High Yield Bond, International Fixed Income, Emerging Markets Equity and International Equity Funds are hereby incorporated by reference to Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (b) Additional Exhibits: (1) Registrant's Declaration of Trust is incorporated herein by reference to Registrant's Registration Statement on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on March 10, 1995. (2) Registrant's By-Laws are incorporated herein by reference to Registrant's Registration Statement on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on March 10, 1995. (3) Not Applicable. (4) Not Applicable. (5)(a) Form of Investment Advisory Agreement between the Trust and SEI Financial Management Corporation is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (5)(b) Form of Investment Sub-Advisory Agreement between the Trust and 1838 Investment Advisors, L.P. with respect to the Trust's Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(c) Form of Investment Sub-Advisory Agreement between the Trust and Acadian Asset Management, L.P. with respect to the Trust's International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(d) Form of Investment Sub-Advisory Agreement between the Trust and Alliance Capital Management L.P. with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(e) Form of Investment Sub-Advisory Agreement between the Trust and Apodaca-Johnston Capital Management, Inc. with respect to the Trust's Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(f) Form of Investment Sub-Advisory Agreement between the Trust and BEA Associates with respect to the High Yield Bond Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(g) Form of Investment Sub-Advisory Agreement between the Trust and BlackRock Financial Management, Inc. with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(h) Form of Investment Sub-Advisory Agreement between the Trust and Boston Partners Asset Management, L.P. with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(i) Form of Investment Sub-Advisory Agreement between the Trust and Firstar Investment Research & Management Company with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(j) Form of Investment Sub-Advisory Agreement between the Trust and IDS Advisory Group, L.P. with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996.
485BPOS44th “Page” of 61TOC1stPreviousNextBottomJust 44th
(5)(k) Form of Investment Sub-Advisory Agreement between the Trust and LSV Asset Management with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(l) Form of Investment Sub-Advisory Agreement between the Trust and Mellon Equity Associates with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(m) Form of Investment Sub-Advisory Agreement between the Trust and MERUS-UCA Capital Management with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(n) Form of Investment Sub-Advisory Agreement between the Trust and Montgomery Asset Management, L.P. with respect to the Emerging Markets Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(o) Form of Investment Sub-Advisory Agreement between the Trust and Morgan Grenfell Investment Services Limited with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(p) Form of Investment Sub-Advisory Agreement between the Trust and Nicholas-Applegate Capital Management, Inc. with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(q) Form of Investment Sub-Advisory Agreement between the Trust and Provident Investment Counsel, Inc. with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(r) Form of Investment Sub-Advisory Agreement between the Trust and Schroder Capital Management International Limited with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(s) Form of Investment Sub-Advisory Agreement between the Trust and Strategic Fixed Income L.P. with respect to the International Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(t) Form of Investment Sub-Advisory Agreement between the Trust and Wall Street Associates with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(u) Form of Investment Sub-Advisory Agreement between the Trust and Western Asset Management Company with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(v) Form of Administration Agreement between the Trust and SEI Fund Management is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. (5)(w) Form of Investment Sub-Advisory Agreement between the Trust and First of America Investment Corporation with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (5)(x) Form of Investment Sub-Advisory Agreement between the Trust and Farrell Wako Global Investment Management, Inc. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (5)(y) Form of Investment Sub-Advisory Agreement between the Trust and Seligman Henderson Co. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (5)(z) Form of Investment Sub-Advisory Agreement between the Trust and Yamaichi Capital Management, Inc. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (5)(aa) Investment Sub-Advisory Agreement between the Trust and Coronation Asset Management (Proprietary) Limited with respect to the Emerging Markets Equity Fund is filed herewith. (5)(bb) Form of Investment Sub-Advisory Agreement between the Trust and Furman Selz Capital Management LLC with repsect to the Small Cap Fund is filed herewith. (5)(cc) Form of Investment Sub-Advisory Agreement between the Trust and Lazard London International Investment Management Limited with respect to the International Equity Fund is filed herewith. (5)(dd) Investment Sub-Advisory Agreement between the Trust and Parametric Portfolio Associates with respect to the Emerging Markets Equity Fund is filed herewith. (5)(ee) Investment Sub-Advisory Agreement between the Trust and Yamaichi Capital Management, Inc. And Yamaichi Capital Management (Singapore) Limited with respect to the International Equity Fund is filed herewith. (6) Form of Distribution Agreement between the Trust and SEI Financial Services Company is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996.
485BPOS45th “Page” of 61TOC1stPreviousNextBottomJust 45th
(7) Not Applicable. (8) Form of Custodian Agreement between the Trust and CoreStates Bank, N.A. with respect to the Trust's Large Cap, Small Cap, Core Fixed Income and High Yield Bond Funds is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (9) Not Applicable. (10) Opinion and Consent of Counsel is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (11) Consent of Independent Public Accountants filed herewith. (12) Not Applicable. (13) Not Applicable. (14) Not Applicable. (15) Not Applicable. (16) Performance Quotation Computation is incorporated by incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. (17) Financial Data Schedules for the Large Cap, Small Cap, Core Fixed Income, and International Equity Funds are filed herewith. (24) Powers of Attorney for Robert A. Nesher, William M. Doran, George J. Sullivan, Jr., F. Wendell Gooch, Stephen G. Meyer, James M. Storey, David G. Lee and Frank E. Morris are filed herewith. Item 25. None. Item 26. Number of Holders of Securities. The number of record holders as of December 2, 1996 [Enlarge/Download Table] Number of Record Title of Class Holders -------------- ------- Large Cap Fund....................................................................... 6 Small Cap Fund........................................................................8 Core Fixed Income Fund................................................................5 High Yield Bond Fund................................................................N/A International Fixed Income Fund.....................................................N/A Emerging Markets Equity Fund........................................................N/A International Equity Fund.............................................................8 Item 27. Indemnification: Article VIII of the Agreement and Declaration of Trust is filed as Exhibit 1 to the Registration Statement. Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to trustees, directors, officers and controlling persons of the Registrant by the Registrant pursuant to the Declaration of Trust or otherwise, the Registrant is aware that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and, therefore, is unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by trustees, directors, officers or controlling persons of the Registrant in connection with the successful defense of any act, suite or proceeding) is asserted by such trustees, directors, officers or controlling persons in connection with the shares being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issues. Item 28. Business and Other Connections of Money Managers: Other business, profession, vocation, or employment of a substantial nature in which each director or principal officer of each Money Manager is or has been, at any time during the last two fiscal years, engaged for his own account or in the capacity of director, officer, employee, partner or trustee are as follows: 1838 Investment Advisors, L.P. 1838 Investment Advisors L.P. ("1838") is a money manager for the Registrant's Small Cap Fund. The principal business address of 1838 is 5 Radnor Corporate Center, 100 Matsonford Road, Suite 320, Radnor, Pennsylvania 19087. 1838 is an investment money manager registered under the Advisers Act.
485BPOS46th “Page” of 61TOC1stPreviousNextBottomJust 46th
The list required by this Item 28 of officers and directors of 1838, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by 1838 pursuant to the Advisers Act (SEC File No. 801-33025). ACADIAN ASSET MANAGEMENT, INC. Acadian Asset Management, Inc. ("Acadian") is a money manager for the Registrant's International Equity Fund. The principal business address of Acadian is 260 Franklin Street, Boston, Massachusetts 02110. Acadian is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Acadian, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Acadian pursuant to the Advisers Act (SEC File No. 28078). ALLIANCE CAPITAL MANAGEMENT Alliance Capital Management L.P. ("Alliance") is a money manager for the Registrant's Large Cap Fund. The principal business address of Alliance is 1345 Avenue of the Americas, New York, New York 10105. Alliance is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Alliance, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Alliance pursuant to the Advisers Act (SEC File No. 801-32361). BEA ASSOCIATES BEA Associates ("BEA") is the money manager for the Registrant's High Yield Fund. The principal business address of BEA is One Citicorp Center, 153 East 53rd Street, New York, New York 10022. BEA is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of BEA, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by BEA pursuant to the Advisers Act (SEC File No. 801-37170). BLACKROCK FINANCIAL MANAGEMENT, INC. BlackRock Financial Management, Inc. ("BlackRock") is a money manager for the Registrant's Core Fixed Income Fund. The principal business address of BlackRock is 345 Park Avenue, 29th Floor, New York, New York 10154. BlackRock is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of BlackRock, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by BlackRock pursuant to the Advisers Act (SEC File No. 801-48433). BOSTON PARTNERS ASSET MANAGEMENT, L.P. Boston Partners Asset Management, L.P. ("BPAM") is a money manager for the Registrant's Small Cap Fund. The principal business address of BPAM is One Financial Center, 43rd Floor, Boston, Massachusetts 02111. BPAM is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of BPAM, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by BPAM pursuant to the Advisers Act (SEC File No. 801-49059).
485BPOS47th “Page” of 61TOC1stPreviousNextBottomJust 47th
CORONATION ASSET MANAGEMENT (PROPRIETARY) LIMITED Coronation Asset Management (Proprietary) Limited ("Coronation") is a money manager for the Registrant's Emerging Markets Equity Fund. The principal business address of Coronation is 80 Strand Street, Cape Town, South Africa 8001. Coronation is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Coronation, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Coronation pursuant to the Advisers Act (SEC File No. 801-52830). FARRELL WAKO GLOBAL INVESTMENT MANAGEMENT COMPANY, INC. Farrell Wako Global Investment Management Company, Inc. ("Farrell Wako") is a money manager for the Registrant's International Equity Fund. The principal business address of Farrell Wako is 780 Third Avenue, New York, New York 10017. Farrell Wako is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Farrell Wako, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Farrell Wako pursuant to the Advisers Act (SEC File No. 801-41830). FIRSTAR INVESTMENT RESEARCH & MANAGEMENT COMPANY Firstar Investment Research & Management Company ("FIRMCO") is a money manager for the Registrant's Core Fixed Income Fund. The principal business address of FIRMCO is 777 East Wisconsin Avenue, Suite 800, Milwaukee, Wisconsin 53202. FIRMCO is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of FIRMCO, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by FIRMCO pursuant to the Advisers Act (SEC File No. 801-28084). FIRST OF AMERICA INVESTMENT CORPORATION First of America Investment Corporation ("First America") is a money manager for the Registrant's Small Cap Fund. The principal business address of First America is 303 North Rose Street, Suite 500, Kalamazoo, Michigan 49007. First America is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of First America, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by First America pursuant to the Advisers Act (SEC File No. 801-446). FURMAN SELZ CAPITAL MANAGEMENT LLC Furman Selz Capital Management LLC ("Furman Selz") is a money manager for the Registrant's Small Cap Fund. The principal business address of Furman Selz is 230 Park Avenue, New York, NY 10169. Furman Selz is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Furman Selz, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Furman Selz pursuant to the Advisers Act (SEC File No. 801-20737). IDS ADVISORY GROUP INC. IDS Advisory Group Inc. ("IDS") is a money manager for the Registrant's Large Cap Fund. The principal business address of IDS is IDS Tower 10, Minneapolis, Minnesota 55400-0010. IDS is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of IDS, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by IDS pursuant to the Advisers Act (SEC File No. 801-25943). LAZARD LONDON INTERNATIONAL INVESTMENT MANAGEMENT LIMITED Lazard London International Investment Management Limited ("Lazard") is a money manager for the Registrant's International Equity Fund. The principal business address of Lazard is 21 Moorfields London, England, EC2P 2HT. Lazard is an investment money manager registered under the Advisers Act.
485BPOS48th “Page” of 61TOC1stPreviousNextBottomJust 48th
The list required by this Item 28 of officers and directors of Lazard, together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Lazard pursuant to the Advisers Act (SEC File No. 801-15430). LSV ASSET MANAGEMENT LSV Asset Management ("LSV") is a money manager for the Registrant's Large Cap Fund. The principal business address of LSV is 181 West Madison Street, Chicago, Illinois 60602. LSV is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of LSV, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by LSV pursuant to the Advisers Act (SEC File No. 801-38734). MELLON EQUITY ASSOCIATES Mellon Equity Associates ("MEA") is a money manager for the Registrant's Large Cap Fund. The principal business address of MEA is 500 Grant Street, Suite 3700, Pittsburgh, PA 15258. MEA is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of MEA, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedule A and D of Form ADV filed by MEA pursuant to the Advisers Act (SEC File No. 801-28692). MONTGOMERY ASSET MANAGEMENT, L.P. Montgomery Asset Management, L.P. ("MAM") is a money manager for the Registrant's Emerging Markets Equity Fund. The principal business address of MAM is 600 Montgomery Street, San Francisco, California 94111. MAM is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of MAM, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by MAM pursuant to the Advisers Act (SEC File No. 801-36790). NICHOLAS-APPLEGATE CAPITAL MANAGEMENT, INC. Nicholas-Applegate Capital Management, Inc. ("Nicholas-Applegate") is a money manager for the Registrant's Small Cap Fund. The principal business address of Nicholas-Applegate is 600 West Broadway, 29th Floor, San Diego, California 92101. Nicholas-Applegate is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Nicholas-Applegate, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Nicholas-Applegate pursuant to the Advisers Act (SEC File No. 801-21442). PACIFIC ALLIANCE CAPITAL MANAGEMENT Pacific Alliance Capital Management ("Pacific Alliance") is a money manager for the Registrant's Large Cap Fund. The principal business address of Pacific Alliance is 475 Sansome Street, San Francisco, California 94111. Pacific Alliance is a bank exempt from registration under the Advisers Act. [Download Table] Name and Position Connection with with Investment Adviser Name of Other Company Other Company ----------------------- --------------------- ------------- Stanley F. Farrar Sullivan & Cromwell Partner Director of Adviser Kazuo Ibuki The Mitsubishi Bank Limited Chairman Director Raymond E. Miles Univ. of California Dean Director of Adviser School of Bus. Admin. J. Fernado Niedbla Infotec Development, Inc. Chairman & CEO Director of Adviser
485BPOS49th “Page” of 61TOC1stPreviousNextBottomJust 49th
[Enlarge/Download Table] Name and Position Connection with with Investment Adviser Name of Other Company Other Company ----------------------- --------------------- ------------- Hiroo Nozawa BanCal Tri-State Corporation Chairman, President & CEO Director of Adviser Chairman, President & CEO Carl W. Robertson Warland Investments Company Managing Director Director of Adviser Paul W. Steere Bogle & Gates Partner Director of Adviser Charles R. Scott Intermark, Inc. President & CEO Director of Adviser Henry T. Swigert ESCO Corporation Chairman Director of Adviser Yasuyuki Hirai The Mitsubishi Bank -- Director of Adviser, Chief Executive Officer Minoru Noda Director of Adviser, -- -- Vice Chairman Credit & Finance Samuel L. Williams Hufstedler, Miller Partner Director of Adviser Kaus & Beardsley Roy A. Henderson -- -- Director of Advisor, Chairman, Regional Banking Takejiro Sneyoshi MBL New York Branch Director & General Manager Director of Adviser Peter R. Butcher -- -- Executive Vice President Chief Credit Officer David W. Ehlers -- -- Executive Vice President Chief Financial Officer Michael Spilsbury -- -- Executive Vice President Resources & Services Sector William R. Sweet -- -- Executive Vice President Wholesale & International Group James M. Castro Secretary -- -- Luke Mazur Senior Vice President & Manager -- -- PARAMETRIC PORTFOLIO ASSOCIATES Parametric Portfolio Associates ("Parametric") is a money manager for the Registrant's Emerging Markets Equity Fund. The principal business address of Parametric is 700 Newport Center Drive, Newport Beach, CA 92660. Parametric is an investment money manager registered under the Advisers Act.
485BPOS50th “Page” of 61TOC1stPreviousNextBottomJust 50th
The list required by this Item 28 of officers and directors of Parametric together with information as to any other business, profession, vocation or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Parametric pursuant to the Advisers Act (SEC File No. 801-48184). PROVIDENT INVESTMENT COUNSEL, INC. Provident Investment Counsel, Inc. ("Provident") is a money manager for the Registrant's Large Cap Fund. The principal business address of Provident is 300 North Lake Avenue, Pasadena, CA 91101. Provident is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Provident, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Provident pursuant to the Advisers Act (SEC File No. 801-47993). SEI FINANCIAL MANAGEMENT CORPORATION SEI Financial Management Company ("SFM") is the money manager for the Large Cap, Small Cap, Core Fixed Income, High Yield Bond, International Fixed Income, Emerging Markets Equity and International Equity Funds. The principal address of SFM is Oaks, Pennsylvania 19456. SFM is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of SFM, together with information as to any other business profession, vocation, or employment of a substantial nature engaged in by such officers and directors during the past two years is incorporated by reference to Schedules A and D of Form ADV filed by SFM to the Advisers Act (SEC File No. 801-24593). SELIGMAN HENDERSON CO. Seligman Henderson Co. is a money manager for the Registrant's International Equity Fund. The principal business address of Seligman Henderson Co. is 100 Park Avenue, New York, New York 10017. Seligman Henderson Co. is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Seligman Henderson Co., together with information as to any other business profession, vocation, or employment of a substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Seligman Henderson Co. pursuant to the Advisers Act (SEC File No. 801-40670). STRATEGIC FIXED INCOME L.P. Strategic Fixed Income L.P. ("Strategic") is a money manager for the Registrant's International Fixed Income Fund. The principal business address of Strategic is 1001 Nineteenth Street North, 17th Floor, Arlington, Virginia 22209. Strategic is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Strategic, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Strategic pursuant to the Advisers Act (SEC File No. 801-38734).
485BPOS51st “Page” of 61TOC1stPreviousNextBottomJust 51st
WALL STREET ASSOCIATES Wall Street Associates ("WSA") is a money manager for the Registrant's Small Cap Fund. The principal address for WSA is 1200 Prospect Street, Suite 100, La Jolla, California 92037. WSA is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of WSA, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by WSA pursuant to the Advisers Act (SEC File No. 801-30019). WESTERN ASSET MANAGEMENT COMPANY Western Asset Management Company ("Western") is a money manager for the Registrant's Core Fixed Income Fund. The principal business address of Western is 117 East Colorado Boulevard, Pasadena, California 91105. Western is an investment money manager registered under the Advisers Act. The list required by this Item 28 of officers and directors of Western, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Western pursuant to the Advisers Act (SEC File No. 801-08162). YAMAICHI CAPITAL MANAGEMENT, INC. Yamaichi Capital Management, Inc. ("Yamaichi") is a money manager for the Registrant's International Equity and EMERGING MARKETS EQUITY FUNDS. The principal business address of Yamaichi is 2 World Trade Center, Suite 9828, New York, NY 10048. The list required by this Item 28 of officers and directors of Yamaichi, together with information as to any other business, profession, vocation or employment of substantial nature engaged in by such officers and directors during the past two years, is incorporated by reference to Schedules A and D of Form ADV filed by Yamaichi pursuant to the Advisers Act (SEC File No. 801-15955). Item 29. Principal Underwriters: (a) Furnish the name of each investment company (other than the Registrant) for which each principal underwriter currently distributing the securities of the Registrant also acts as a principal underwriter, distributor or investment adviser. Registrant's distributor, SEI Financial Services Company ("SFS"), acts as distributor for: [Download Table] SEI Daily Income Trust July 15, 1982 SEI Liquid Asset Trust November 29, 1982 SEI Tax Exempt Trust December 3, 1982 SEI Index Funds July 10, 1985 SEI Institutional Managed Trust January 22, 1987 SEI International Trust August 30, 1988 Stepstone Funds January 30, 1991 The Advisors' Inner Circle Fund November 14, 1991 The Pillar Funds February 28, 1992 CUFUND May 1, 1992 STI Classic Funds May 29, 1992 CoreFunds, Inc. October 30, 1992 First American Funds, Inc. November 1, 1992 First American Investment Funds, Inc. November 1, 1992 The Arbor Fund January 28, 1993 1784 Funds(R) June 1, 1993 The PBHG Funds, Inc. July 16, 1993 Marquis Funds(R) August 17, 1993 Morgan Grenfell Investment Trust January 3, 1994 The Achievement Funds Trust December 27, 1994 Bishop Street Funds January 27, 1995 CrestFunds, Inc. March 1, 1995 STI Classic Variable Trust August 18, 1995 ARK Funds November 1, 1995 Monitor Funds January 11, 1996 FMB Funds, Inc. March 1, 1996 SEI Asset Allocation Trust April 1, 1996 Turner Funds April 30, 1996 SEI Institutional Investments Trust June 14, 1996 First American Strategy Funds, Inc. October 1, 1996
485BPOS52nd “Page” of 61TOC1stPreviousNextBottomJust 52nd
SFS provides numerous financial services to investment managers, pension plan sponsors, and bank trust departments. These services include portfolio evaluation, performance measurement and consulting services ("Funds Evaluation") and automated execution, clearing and settlement of securities transactions ("MarketLink"). (b) Furnish the Information required by the following table with respect to each director, officer or partner of each principal underwriter named in the answer to Item 21 of Part B. Unless otherwise noted, the business address of each director or officer is Oaks, PA 19456. [Enlarge/Download Table] Position and Office Positions and Offices Name with Underwriter with Registrant ---- ---------------- --------------- Alfred P. West, Jr. Director, Chairman & Chief Executive Officer -- Henry H. Greer Director, President & Chief Operating Officer -- Carmen V. Romeo Director, Executive Vice President & Treasurer -- Gilbert L. Beebower Executive Vice President -- Richard B. Lieb Executive Vice President, President-Investment Services Division -- Leo J. Dolan, Jr. Senior Vice President -- Carl A. Guarino Senior Vice President -- Jerome Hickey Senior Vice President -- Larry Hutchison Senior Vice President -- Steven Kramer Senior Vice President -- David G. Lee Senior Vice President President & Chief Executive Officer William Madden Senior Vice President -- Jack May Senior Vice President -- A. Keith McDowell Senior Vice President -- Dennis J. McGonigle Senior Vice President -- Hartland J. McKeown Senior Vice President -- Barbara J. Moore Senior Vice President -- James V. Morris Senior Vice President -- Steven Onofrio Senior Vice President -- Kevin P. Robins Senior Vice President, General Counsel & Vice President & Secretary Assistant Secretary Robert Wagner Senior Vice President -- Patrick K. Walsh Senior Vice President -- Kenneth Zimmer Senior Vice President -- Robert Aller Vice President -- Marc H. Cahn Vice President & Assistant Secretary Vice President and Assistant Secretary Gordon W. Carpenter Vice President -- Todd Cipperman Vice President & Assistant Secretary Vice President and Assistant Secretary Robert Crudup Vice President & Managing Director -- Ed Daly Vice President -- Jeff Drennen Vice President -- Mick Duncan Vice President and Team Leader Assistant Secretary Vic Galef Vice President & Managing Director -- Kathy Heilig Vice President -- Michael Kantor Vice President --
485BPOS53rd “Page” of 61TOC1stPreviousNextBottomJust 53rd
[Download Table] Samuel King Vice President -- Kim Kirk Vice President & Managing Director -- Donald H. Korytowski Vice President -- John Krzeminski Vice President & Managing Director -- Robert S. Ludwig Vice President and Team Leader Assistant Secretary Vicki Malloy Vice President and Team Leader Assistant Secretary Carolyn McLaurin Vice President & Managing Director -- W. Kelso Morrill Vice President -- Barbara A. Nugent Vice President & Assistant Secretary -- Vice President and Assistant Secretary Sandra K. Orlow Vice President & Assistant Secretary Vice President and Assistant Secretary Donald Pepin Vice President & Managing Director -- Larry Pokora Vice President -- Kim Rainey Vice President -- Paul Sachs Vice President -- Mark Samuels Vice President & Managing Director -- Steve Smith Vice President -- Daniel Spaventa Vice President -- Kathryn L. Stanton Vice President & Assistant Secretary -- Wayne M. Withrow Vice President & Managing Director & Assistant Secretary -- William Zawaski Vice President -- James Dougherty Director of Brokerage Services -- Item 30. Location of Accounts and Records: Books or other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, and the rules promulgated thereunder, are maintained as follows: (a) With respect to Rules 31a-1(a); 31a-1(b)(1); (2)(a) and (b); (3); (6); (8); (12); and 31a-1(d), the required books and records are maintained at the offices of Registrant's Custodians: CoreStates Bank, N.A. Broad and Chestnut Streets P.O. Box 7618 Philadelphia, PA 19101 State Street Bank and Trust Company 225 Franklin Street Boston, MA 02110 (b)/(c) With respect to Rules 31a-1(a); 31a-1(b)(1),(4); (2)(C) and (D); (4); (5); (6); (8); (9); (10); (11); and 31a-1(f), the required books and records are maintained at the offices of Registrant's Manager: SEI Financial Management Corporation Oaks, PA 19456 (c) With respect to Rules 31a-1(b)(5),(6),(9) and 10 and 31a-1(f), the required books and records are maintained at the principal offices of the Registrant's Money Managers: 1838 Investment Advisors, L.P. 5 Radnor Corporate Center 100 Matsonford Road Suite 320 Radnor, Pennsylvania 19087
485BPOS54th “Page” of 61TOC1stPreviousNextBottomJust 54th
Acadian Asset Management 260 Franklin Street Boston, Massachusetts 02110 Alliance Capital Management 1345 Avenue of the Americas New York, New York 10105 BEA Associates One Citicorp Center 153 East 53rd Street New York, New York 10022 BlackRock Financial Management, Inc. 345 Park Avenue 29th Floor New York, New York 10154 Boston Partners Asset Management, L.P. One Financial Center 43rd Floor Boston, Massachusetts 02111 Coronation Asset Management (Proprietary) Limited 80 Strand Street Cape Town, South Africa, 8001 Farrell Wako Investment Management 780 3rd Avenue New York, New York 10017 Firstar Investment Research & Management Company 777 East Wisconsin Avenue Suite 800 Milwaukee, Wisconsin 53202 First of America Investment Corporation 303 North Rose Street Suite 500 Kalamazoo, Michigan 49007 Furman Selz Capital Management LLC 230 Park Avenue New York, NY 10169 IDS Advisory Group Inc. IDS Tower 10 Minneapolis, Minnesota 55400-0010 Lazard London International Investment Management Limited 21 Moorfields London, England EC2P 2HT LSV Asset Management 181 West Madison Street Chicago, Illinois 60602 Mellon Equity Associates 500 Grant Street Suite 3700
485BPOS55th “Page” of 61TOC1stPreviousNextBottomJust 55th
Pittsburgh, PA 15258 Montgomery Asset Management, L.P. 600 Montgomery Street San Francisco, California 94111 Nicholas-Applegate Capital Management, Inc. 600 West Broadway, 29th Floor San Diego, California 92101 Pacific Alliance Capital Management 475 Sansome Street San Francisco, CA 94111 Parametric Portfolio Associates 700 Newport Center Drive Newport Beach, CA 92660 Provident Investment Counsel, Inc. 300 North Lake Avenue Penthouse Pasadena, CA 91101 SEI Financial Management Corporation Oaks, PA 19456 Seligman Henderson Co. 100 Park Avenue New York, New York 10017 Strategic Fixed Income L.P. 1001 Nineteenth Street North, 17th Floor Arlington, VA 22209 Wall Street Associates 1200 Prospect Street Suite 100 La Jolla, California 92037 Western Asset Management 117 East Colorado Boulevard Pasadena, CA 91105 Yamaichi Capital Management, Inc. 2 World Trade Center Suite 9828 New York, New York 10048 Yamaichi Capital Management (Singapore) Limited 138 Robinson Road, #19-01 Hong Leong Centre Singapore, 068906 Item 31. Management Services: None.
485BPOS56th “Page” of 61TOC1stPreviousNextBottomJust 56th
Item 32. Undertakings: Registrant hereby undertakes to file a post-effective amendment containing reasonably current financial statements , which need not be certified, within four to six months of the effective date of the Registrant's 1933 Act Registration Statement or the commencement of operations of the HIGH YIELD BOND, INTERNATIONAL FIXED INCOME and EMERGING MARKETS EQUITY FUNDS, whichever is later. Registrant hereby undertakes that whenever Shareholders meeting the requirements of Section 16(c) of the Investment Company Act of 1940 inform the Board of Trustees of their desire to communicate with Shareholders of the Trust, the Trustees will inform such Shareholders as to the approximate number of Shareholders of record and the approximate cost of mailing or afford said Shareholders access to a list of Shareholders. Registrant undertakes to hold a meeting of Shareholders for the purpose of voting upon the question of removal of a Trustee(s) when requested in writing to do so by the holders of at least 10% of Registrant's outstanding shares and in connection with such meetings to comply with the provisions of Section 16(c) of the Investment Company Act of 1940 relating to Shareholder communications. Registrant undertakes to furnish each person to whom a prospectus for any series of the Registrant is delivered with a copy of the Registrant's latest annual report to shareholders for such series, when such annual report is issued containing information called for by Item 5A of Form N-1A, upon request and without charge.
485BPOS57th “Page” of 61TOC1stPreviousNextBottomJust 57th
NOTICE A copy of the Agreement and Declaration of Trust of SEI Institutional Investments Trust is on file with the Secretary of State of The Commonwealth of Massachusetts and notice is hereby given that this Registration Statement has been executed on behalf of the Trust by an officer of the Trust as an officer and by its Trustees as trustees and not individually and the obligations of or arising out of this Registration Statement are not binding upon any of the Trustees, Officers, or Shareholders individually but are binding only upon the assets and property of the Trust.
485BPOS58th “Page” of 61TOC1stPreviousNextBottomJust 58th
SIGNATURES Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 1 to Registration Statement No. 33-58041 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Wayne, Commonwealth of Pennsylvania on the 29th day of December, 1996. SEI INSTITUTIONAL INVESTMENTS TRUST By: /s/ David G. Lee --------------------------------------------------- David G. Lee, President & Chief Executive Officer Pursuant to the requirements of the Securities Act of 1933, this Amendment to the Registration Statement has been signed below by the following persons in the capacity on the date(s) indicated. [Download Table] * Trustee December 29, 1996 ----------------------------- William M. Doran * Trustee December 29, 1996 ----------------------------- F. Wendell Gooch * Trustee December 29, 1996 ----------------------------- Frank E. Morris * Trustee December 29, 1996 ----------------------------- George J. Sullivan, Jr. * Trustee December 29, 1996 ----------------------------- James M. Storey * Trustee December 29, 1996 ----------------------------- Robert A. Nesher /s/ David G. Lee President & Chief December 29, 1996 ----------------------------- David G. Lee Executive Officer /s/ Stephen G. Meyer Controller & Chief December 29, 1996 ----------------------------- Stephen G. Meyer Financial Officer *By: /s/ David G. Lee ------------------------- David G. Lee Attorney-in-Fact
485BPOS59th “Page” of 61TOC1stPreviousNextBottomJust 59th
Exhibit Index Exhibit: EX-99.B1 Registrant's Declaration of Trust is incorporated herein by reference to Registrant's Registration Statement on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on March 10, 1995. EX-99.B2 Registrant's By-Laws are incorporated herein by reference to Registrant's Registration Statement on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on March 10, 1995. EX-99.B3 Not Applicable. EX-99.B4 Not Applicable. EX-99.B5(a) Form of Investment Advisory Agreement between the Trust and SEI Financial Management Corporation is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B5(b) Form of Investment Sub-Advisory Agreement between the Trust and 1838 Investment Advisors, L.P. with respect to the Trust's Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(c) Form of Investment Sub-Advisory Agreement between the Trust and Acadian Asset Management, L.P. with respect to the Trust's International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(d) Form of Investment Sub-Advisory Agreement between the Trust and Alliance Capital Management L.P. with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(e) Form of Investment Sub-Advisory Agreement between the Trust and Apodaca-Johnston Capital Management, Inc. with respect to the Trust's Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(f) Form of Investment Sub-Advisory Agreement between the Trust and BEA Associates with respect to the High Yield Bond Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(g) Form of Investment Sub-Advisory Agreement between the Trust and BlackRock Financial Management, Inc. with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(h) Form of Investment Sub-Advisory Agreement between the Trust and Boston Partners Asset Management, L.P. with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(i) Form of Investment Sub-Advisory Agreement between the Trust and Firstar Investment Research & Management Company with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(j) Form of Investment Sub-Advisory Agreement between the Trust and IDS Advisory Group, L.P. with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(k) Form of Investment Sub-Advisory Agreement between the Trust and LSV Asset Management with respect to the Trust's Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(l) Form of Investment Sub-Advisory Agreement between the Trust and Mellon Equity Associates with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(m) Form of Investment Sub-Advisory Agreement between the Trust and MERUS-UCA Capital Management with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N- 1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(n) Form of Investment Sub-Advisory Agreement between the Trust and Montgomery Asset Management, L.P. with respect to the Emerging Markets Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(o) Form of Investment Sub-Advisory Agreement between the Trust and Morgan Grenfell Investment Services Limited with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996.
485BPOS60th “Page” of 61TOC1stPreviousNextBottomJust 60th
EX-99.B5(p) Form of Investment Sub-Advisory Agreement between the Trust and Nicholas-Applegate Capital Management, Inc. with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(q) Form of Investment Sub-Advisory Agreement between the Trust and Provident Investment Counsel, Inc. with respect to the Large Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N- 1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(r) Form of Investment Sub-Advisory Agreement between the Trust and Schroder Capital Management International Limited with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(s) Form of Investment Sub-Advisory Agreement between the Trust and Strategic Fixed Income L.P. with respect to the International Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(t) Form of Investment Sub-Advisory Agreement between the Trust and Wall Street Associates with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(u) Form of Investment Sub-Advisory Agreement between the Trust and Western Asset Management Company with respect to the Core Fixed Income Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(v) Form of Administration Agreement between the Trust and SEI Fund Management is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B5(w) Form of Investment Sub-Advisory Agreement between the Trust and First of America Investment Corporation with respect to the Small Cap Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B5(x) Form of Investment Sub-Advisory Agreement between the Trust and Farrell Wako Global Investment Management, Inc. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B5(y) Form of Investment Sub-Advisory Agreement between the Trust and Seligman Henderson Co. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B5(z) Form of Investment Sub-Advisory Agreement between the Trust and Yamaichi Capital Management, Inc. with respect to the International Equity Fund is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B5(aa) Investment Sub-Advisory Agreement between the Trust and Coronation Asset Management (Proprietary) Limited with respect to the Emerging Markets Equity Fund is filed herewith. EX-99.B5(bb) Form of Investment Sub-Advisory Agreement between the Trust and Furman Selz Capital Management LLC with repsect to the Small Cap Fund is filed herewith. EX-99.B5(cc) Form of Investment Sub-Advisory Agreement between the Trust and Lazard London International Investment Management Limited with respect to the International Equity Fund is filed herewith. EX-99.B5(dd) Investment Sub-Advisory Agreement between the Trust and Parametric Portfolio Associates with respect to the Emerging Markets Equity Fund is filed herewith. EX-99.B5(ee) Investment Sub-Advisory Agreement between the Trust and Yamaichi Capital Management, Inc. And Yamaichi Capital Management (Singapore) Limited with respect to the International Equity Fund is filed herewith. EX-99.B6 Form of Distribution Agreement between the Trust and SEI Financial Services Company is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on April 26, 1996. EX-99.B7 Not Applicable. EX-99.B8 Form of Custodian Agreement between the Trust and CoreStates Bank, N.A. with respect to the Trust's Large Cap, Small Cap, Core Fixed Income and High Yield Bond Funds is incorporated herein by reference to Registrant's Pre- Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B9 Not Applicable. EX-99.B10 Opinion and Consent of Counsel is incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B11 Consent of Independent Public Accountants filed herewith. EX-99.B12 Not Applicable. EX-99.B13 Not Applicable.
485BPOSLast “Page” of 61TOC1stPreviousNextBottomJust 61st
EX-99.B14 Not Applicable. EX-99.B15 Not Applicable EX-99.B16 Performance Quotation Computation is incorporated by incorporated herein by reference to Registrant's Pre-Effective Amendment No. 2 on Form N-1A (File No. 33-58041), filed with the Securities and Exchange Commission on June 7, 1996. EX-99.B24 Powers of Attorney for Robert A. Nesher, William M. Doran, George J. Sullivan, Jr., F. Wendell Gooch, Stephen G. Meyer, James M. Storey, David G. Lee and Frank E. Morris are filed herewith. EX-27.1 Financial Data Schedule EX-27.2 Financial Data Schedule EX-27.3 Financial Data Schedule EX-27.4 Financial Data Schedule

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘485BPOS’ Filing    Date First  Last      Other Filings
2/28/976DEFS14A,  PRES14A
1/1/974
Filed on / Effective on:12/30/9617
12/29/9658
12/15/966
12/2/9645
11/30/96441N-30D,  NSAR-A
11/1/966
10/1/9651
9/30/965
9/20/9639
6/14/96451497
6/7/96361N-1A/A
4/30/9651
4/29/964
4/26/964360N-1A/A
4/1/9651
3/1/9651
1/11/9651
11/1/9551
8/18/9551
3/10/954359N-1A,  N-8A
3/1/953851
1/27/9551
12/27/9451
1/3/9451
8/17/9351
7/16/9351
6/1/9351
1/28/9351
11/1/9251
10/30/9251
5/29/9251
5/1/9251
2/28/9251
 List all Filings 
Top
Filing Submission 0000893220-96-002112   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Mar. 29, 7:23:09.2am ET