SEI, a global provider of outsourced asset management, investment processing and investment operations solutions, is expanding its offering to Canadian advisors and their clients with the launch of Canadian-focused portfolios.

The Pennsylvania-based firm announced on Monday that it is launching two SEI Portfolios which will invest primarily in Canadian stocks and bonds with limited foreign investment.

“The Canadian focused portfolios offer investors the benefits of diversification within an economy that is poised for growth,” said Janesse McPhillips, managing director of SEI Private Banking. “Canada is forecasted by the International Monetary Fund (IMF) to have a higher growth rate than many other developed economies as the global recovery takes hold. SEI is demonstrating its commitment to Canadian advisors and their clients by bringing them the investment solutions they need.”

The SEI Canadian Balanced Portfolio seeks to provide a balance between long-term growth of capital and current income. The portfolio invests primarily in Canadian equity funds and Canadian fixed income funds. It is designed for investors with a mid-term investment time horizon of at least five years, who want to limit their foreign security exposure.

The SEI Canadian Growth Portfolio seeks to provide long-term capital appreciation with a small level of current income. It invests primarily in equity funds, with a focus on Canadian equity exposure, and Canadian fixed income funds. The portfolio is designed for more aggressive investors with an intermediate time horizon of at least five to 10 years who want to limit their foreign security exposure.

SEI offers a variety of styles within SEI portfolios. The portfolios span a broad risk-return spectrum, allowing investors to participate in different levels of returns commensurate with different levels of risk. SEI selects and allocates to several asset classes in its portfolios, aiming to build diversified investments that efficiently generate returns within a specific risk tolerance.

The portfolios are available to affluent private investors seeking a diversified portfolio, managed risk control and the potential for above average returns.