Home Breadcrumb caret Industry News Breadcrumb caret Industry SEI terminating conservative fund Units of the mutual fund are no longer available for purchase By Staff | April 28, 2021 | Last updated on April 28, 2021 1 min read iStock Toronto-based SEI Investments Canada Company is terminating its Conservative Fund due to low assets. Units of the mutual fund are no longer available for purchase, the firm said, and the fund will terminate on June 29. The Conservative Fund’s low asset balance made it difficult to manage, SEI said in a release, and the fund is also similar to the firm’s existing Income 20/80 Fund. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo