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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934
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Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[ X ] Soliciting Material Pursuant to Section 240.14a-12
SEI ASSET ALLOCATION TRUST
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March 17, 2005
Dear Advisor:
I am writing to update you on the upcoming proxy mailing taking place as a
result of restructuring the SEI Tax Managed GoalLink(SM) strategies
(Defensive, Conservative, Moderate, Core Market and Market Growth). As you
know, shareholders are being asked to consider changes to the investment
objectives and names of these GoalLink strategies. Pending the shareholder
vote, SEI plans to begin restructuring the strategies the last week in March.
Proxy Details:
Mailing
- Proxies will be sent to current shareholders (as of March 4, 2005)
overnight on or about March 18th. If YOU as an advisor have been
designated to vote on behalf of your client, YOU will receive the
proxy mailing directly.
- Investors who have elected to receive their proxy by e-mail delivery
can expect to receive an e-mail regarding the proxy on or about March
17th.
Voting
- Shareholders can vote by calling 1-800-454-8683 or online at
www.proxyvote.com.
- A third party representative (Computershare) will begin making
follow-up calls to those who have not voted beginning on or about
March 23rd. If you or your client receives a call, voting can
actually take place over the phone.
If the proxy vote does not pass by March 29, we will need to push the
municipal bond fund distribution and portfolio restructuring into April
which will delay the ultimate resolution of this matter. Because of this,
we encourage you and your clients to vote as quickly as possible.
STATE-SPECIFIC MUNICIPAL BOND FUNDS FOR CA, NJ, NY, MA, PA
- For investors in the states of California, New Jersey, New York,
Massachusetts, or Pennsylvania who can benefit from SEI state-specific
municipal bond funds, you will have the option to liquidate shares of
the Intermediate-Term Municipal Bond Fund they will be receiving and
transfer the funds to a SEI state-specific municipal bond fund in the
beginning of April. Just complete an Asset Allocation Change Form and
fax it to 1-610-676-1021 after March 31st.
- For new investors, the Tax Managed Portfolios will automatically be
set up using the state-specific SEI municipal bond funds for investors
in these states.
We appreciate your understanding of this situation. We apologize for any
inconvenience this has caused for you and your clients. We will keep you
updated on the status of the proxy vote and on any further developments. If
you have any additional questions, please feel free to contact your SEI
representative.
Sincerely,
/s/ Carl A. Guarino
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Carl A. Guarino
Executive Vice President
SEI Investments