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SEI INSTITUTIONAL MANAGED TRUST
SMALL CAP GROWTH PORTFOLIO
LARGE CAP VALUE PORTFOLIO
EQUITY INCOME PORTFOLIO
MID-CAP PORTFOLIO
SUPPLEMENT DATED JANUARY 7, 1997,
TO THE CLASS A PROSPECTUS DATED JANUARY 31, 1996
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED
IN THE PROSPECTUS, AND SHOULD BE READ IN CONJUNCTION WITH SUCH PROSPECTUS.
At the meeting of the Board of Trustees of SEI Institutional Managed Trust (the
"Trust") held on December 9-10, 1996, the Trustees, including all of the
Trustees who are not "interested persons" of the Trust, voted to terminate
Apodaca-Johnston Capital Management, Inc. ("Apodaca") as a sub-adviser to the
Trust's Small Cap Growth Portfolio (the "Portfolio"), 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 Portfolio,
does not require shareholder approval. This procedure for adding or replacing
sub-advisers was approved by the Portfolio's Shareholders at a Special Meeting
of Shareholders held on August 11, 1995, and was authorized by an exemptive
order issued to the Trust by the Securities and Exchange Commission on April
29, 1996.
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Effective November 1, 1996, Merus-UCA Capital Management, the investment
sub-adviser to the Large Cap Value Portfolio and the Equity Income Portfolio,
changed its name to Pacific Alliance Capital Management. The prospectus is
hereby amended to reflect this name change.
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Effective November 29, 1996, William Jacques replaced John Freeman as portfolio
manager for the Mid-Cap Portfolio. Mr. Jacques, Executive Vice President and
portfolio manager, has been with Martingale Asset Management, L.P. since 1987.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
