SEI Institutional Managed Trust S&P 500 Index Fund Class I (SPIIX)

The investment seeks investment results that correspond to the aggregate price and dividend performance of the securities in the S&P 500 Index. The fund invests substantially all of its assets (at least 80%) in securities listed in the S&P 500 Index, which is composed of approximately 500 leading U.S. publicly traded companies from a broad range of industries (mostly common stocks). The manager expects the fund's investment result to correspond to the aggregate price and dividend performance of the S&P 500 Index before the fees and expenses of the fund. The fund generally gives the same weight to a given stock as the S&P 500 Index does.