<PAGE> PAGE 1
000 B000000 02/28/95
000 C000000 0000835597
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 SEI INTERNATIONAL TRUST
001 B000000 811-5601
001 C000000 8003425734
002 A000000 2 OLIVER STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 CORE INTERNATIONAL EQUITY PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 INTERNATIONAL FIXED INCOME PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 EUROPEAN EQUITY PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 PACIFIC BASIN EQUITY PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 EMERGING MARKETS EQUITY PORTFOLIO
007 C030500 N
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
011 A00AA01 SEI FINANCIAL SERVICES CORPORATION
011 B00AA01 8-0000
011 C01AA01 WAYNE
011 C02AA01 PA
011 C03AA01 19087
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
<PAGE> PAGE 2
013 B04AA01 4894
014 A00AA01 S.G. WARBURG & COMPANY, INC.
014 B00AA01 8-0000
014 A00AA02 JAMES CAPEL, INC.
014 B00AA02 8-0000
014 A00AA03 YAMAICHI INTERNATIONAL
014 B00AA03 8-0000
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 5
019 C00AA00 SEIFINSVCO
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001 226
020 A000002 JAMES CAPEL
020 B000002 52-1348224
020 C000002 133
020 A000003 INSTINET LTD
020 B000003 13-3443395
020 C000003 126
020 A000004 BARCLAYS DE ZOETE WEDD
020 B000004 13-3551367
020 C000004 121
020 A000005 MERRILL LYNCH
020 B000005 13-5674085
020 C000005 114
020 A000006 UBS SECURITIES
020 B000006 13-2932996
020 C000006 111
020 A000007 WARBURG SECURITIES
020 B000007 13-2671492
020 C000007 73
020 A000008 GOLDMAN SACHS
020 B000008 13-5108880
020 C000008 68
020 A000009 CROSBY SECURITIES
020 B000009 13-5674085
020 C000009 63
020 A000010 J.B. WERE
020 C000010 42
021 000000 1731
022 A000001 J.P. MORGAN
022 B000001 13-3224016
022 C000001 253255
022 D000001 673
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 31065
022 D000002 45928
022 A000003 SALOMON BROTHERS
022 B000003 13-3082694
<PAGE> PAGE 3
022 C000003 24922
022 D000003 22437
022 A000004 UBS PHILLIPS & DREW
022 B000004 13-2932996
022 C000004 12010
022 D000004 9478
022 A000005 CHASE MANHATTAN
022 B000005 13-6022158
022 C000005 17911
022 D000005 2
022 A000006 MERRILL LYNCH
022 B000006 13-5674085
022 C000006 7779
022 D000006 6593
022 A000007 BARCLAYS DE ZOETE WEDD
022 B000007 13-3551367
022 C000007 7130
022 D000007 5303
022 A000008 WARBURG SSECURITIES
022 B000008 13-2671492
022 C000008 8295
022 D000008 2087
022 A000009 CREDIT COMMERCIAL DE FRANCE
022 C000009 7548
022 D000009 2498
022 A000010 BANKERS TRUST
022 B000010 13-3311934
022 C000010 4615
022 D000010 3371
023 C000000 427982
023 D000000 130400
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 Y
077 Q010000 Y
077 Q020000 N
077 Q030000 N
<PAGE> PAGE 4
078 000000 N
080 A00AA00 RELIANCE INSURANCE COMPANY
080 B00AA00 NATIONAL UNION FIRE INSURANCE CO
080 C00AA00 30000
081 A00AA00 Y
081 B00AA00 191
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
008 A000101 SEI FINANCIAL MANAGEMENT CORPORATION
008 B000101 A
008 C000101 801-24593
008 D010101 WAYNE
008 D020101 PA
008 D030101 19087
008 A000102 ACADIAN ASSET MANAGEMENT, INC.
008 B000102 S
008 C000102 801-28078
008 D010102 BOSTON
008 D020102 MA
008 D030102 02110
008 A000103 WORLDINVEST LIMITED
008 B000103 S
008 C000103 801-26315
008 D010103 LONDON
008 D050103 ENGLAND
008 D060103 WC1B4HP
028 A010100 20953
028 A020100 0
028 A030100 0
028 A040100 70353
028 B010100 23314
028 B020100 3010
028 B030100 0
028 B040100 55645
028 C010100 32819
028 C020100 0
028 C030100 0
028 C040100 71560
028 D010100 16049
028 D020100 11419
028 D030100 0
028 D040100 29144
028 E010100 19342
028 E020100 0
028 E030100 0
<PAGE> PAGE 5
028 E040100 44557
028 F010100 35012
028 F020100 0
028 F030100 0
028 F040100 55918
028 G010100 147487
028 G020100 14429
028 G030100 0
028 G040100 327177
028 H000100 43
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 100
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 562
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.475
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
<PAGE> PAGE 6
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
071 A000100 276432
071 B000100 373505
071 C000100 429094
071 D000100 64
072 A000100 12
072 B000100 1985
072 C000100 9792
072 D000100 0
072 E000100 0
072 F000100 1516
072 G000100 2729
072 H000100 0
072 I000100 30
072 J000100 494
072 K000100 0
072 L000100 142
072 M000100 25
072 N000100 11
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 65
072 S000100 82
072 T000100 562
072 U000100 8
072 V000100 0
072 W000100 53
072 X000100 5717
072 Y000100 77
072 Z000100 6137
072AA000100 11066
072BB000100 0
072CC010100 0
072CC020100 48171
072DD010100 0
072DD020100 0
072EE000100 23040
073 A010100 0.0000
<PAGE> PAGE 7
073 A020100 0.0000
073 B000100 0.5860
073 C000100 0.0000
074 A000100 3220
074 B000100 2100
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 324195
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 533
074 K000100 0
074 L000100 3178
074 M000100 0
074 N000100 333226
074 O000100 1704
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 2968
074 S000100 0
074 T000100 328554
074 U010100 34249
074 U020100 5
074 V010100 9.59
074 V020100 9.56
074 W000100 0.0000
074 X000100 177
074 Y000100 0
075 A000100 0
075 B000100 472580
076 000100 0.00
008 A000201 STRATEGIC FIXED INCOME L.P.
008 B000201 A
008 C000201 801-38734
008 D010201 ARLINGTON
008 D020201 VA
008 D030201 22209
008 D040201 1722
028 A010200 3914
028 A020200 0
028 A030200 0
028 A040200 1960
028 B010200 5475
028 B020200 176
028 B030200 0
028 B040200 1069
<PAGE> PAGE 8
028 C010200 1449
028 C020200 0
028 C030200 0
028 C040200 1076
028 D010200 1109
028 D020200 0
028 D030200 0
028 D040200 1520
028 E010200 3318
028 E020200 1269
028 E030200 0
028 E040200 4090
028 F010200 3690
028 F020200 0
028 F030200 0
028 F040200 1579
028 G010200 18955
028 G020200 1445
028 G030200 0
028 G040200 11294
028 H000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 100
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 40
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.300
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
<PAGE> PAGE 9
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
062 A000200 Y
062 B000200 4.0
062 C000200 0.0
062 D000200 4.7
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.1
062 L000200 4.1
062 M000200 0.5
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 81.2
062 R000200 0.0
063 A000200 0
063 B000200 7.1
064 A000200 N
064 B000200 N
071 A000200 91156
071 B000200 77265
071 C000200 25541
071 D000200 303
072 A000200 12
072 B000200 1946
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 103
072 G000200 206
072 H000200 0
072 I000200 1
072 J000200 35
072 K000200 0
072 L000200 13
072 M000200 2
072 N000200 10
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 6
072 S000200 9
<PAGE> PAGE 10
072 T000200 40
072 U000200 9
072 V000200 0
072 W000200 10
072 X000200 444
072 Y000200 101
072 Z000200 1603
072AA000200 0
072BB000200 257
072CC010200 1733
072CC020200 0
072DD010200 2335
072DD020200 0
072EE000200 67
073 A010200 0.6180
073 A020200 0.0000
073 B000200 0.0193
073 C000200 0.0000
074 A000200 1772
074 B000200 2011
074 C000200 3461
074 D000200 34763
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 45
074 J000200 3541
074 K000200 0
074 L000200 893
074 M000200 842
074 N000200 47328
074 O000200 4582
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 166
074 S000200 0
074 T000200 42580
074 U010200 4086
074 U020200 0
074 V010200 10.42
074 V020200 0.00
074 W000200 0.0000
074 X000200 74
074 Y000200 0
075 A000200 0
075 B000200 34270
076 000200 0.00
<PAGE> PAGE 11
028 A010300 2951
028 A020300 0
028 A030300 0
028 A040300 4
028 B010300 9851
028 B020300 0
028 B030300 0
028 B040300 127
028 C010300 904
028 C020300 0
028 C030300 0
028 C040300 209
028 D010300 1368
028 D020300 0
028 D030300 0
028 D040300 219
028 E010300 1775
028 E020300 144
028 E030300 0
028 E040300 708
028 F010300 5217
028 F020300 0
028 F030300 0
028 F040300 3439
028 G010300 22066
028 G020300 144
028 G030300 0
028 G040300 4706
028 H000300 0
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 100
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 22
044 000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
<PAGE> PAGE 12
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
071 A000300 40928
071 B000300 6690
071 C000300 23048
071 D000300 29
072 A000300 12
072 B000300 80
072 C000300 398
072 D000300 0
072 E000300 0
072 F000300 67
072 G000300 164
072 H000300 0
072 I000300 2
072 J000300 21
072 K000300 0
072 L000300 9
072 M000300 1
072 N000300 15
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 5
072 S000300 5
072 T000300 22
072 U000300 5
072 V000300 0
072 W000300 8
072 X000300 324
072 Y000300 57
072 Z000300 211
072AA000300 0
072BB000300 319
072CC010300 112
072CC020300 0
072DD010300 165
072DD020300 0
072EE000300 0
073 A010300 0.0490
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 3093
074 B000300 0
074 C000300 0
074 D000300 0
<PAGE> PAGE 13
074 E000300 5
074 F000300 34192
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 500
074 K000300 0
074 L000300 102
074 M000300 300
074 N000300 38192
074 O000300 1784
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 130
074 S000300 0
074 T000300 36278
074 U010300 3663
074 U020300 0
074 V010300 9.90
074 V020300 0.00
074 W000300 0.0000
074 X000300 55
074 Y000300 0
075 A000300 0
075 B000300 24652
076 000300 0.00
028 A010400 3229
028 A020400 0
028 A030400 0
028 A040400 2
028 B010400 13174
028 B020400 0
028 B030400 0
028 B040400 156
028 C010400 2340
028 C020400 0
028 C030400 0
028 C040400 272
028 D010400 4576
028 D020400 0
028 D030400 0
028 D040400 2614
028 E010400 3777
028 E020400 0
028 E030400 0
028 E040400 4238
028 F010400 5040
028 F020400 0
<PAGE> PAGE 14
028 F030400 0
028 F040400 3683
028 G010400 32136
028 G020400 0
028 G030400 0
028 G040400 10965
028 H000400 0
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 100
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 21
044 000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 37650
071 B000400 2061
071 C000400 21913
071 D000400 9
072 A000400 12
072 B000400 59
072 C000400 119
072 D000400 0
072 E000400 0
072 F000400 80
072 G000400 159
072 H000400 0
072 I000400 2
072 J000400 22
072 K000400 0
072 L000400 9
<PAGE> PAGE 15
072 M000400 1
072 N000400 15
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 5
072 S000400 6
072 T000400 21
072 U000400 5
072 V000400 0
072 W000400 10
072 X000400 335
072 Y000400 76
072 Z000400 -81
072AA000400 0
072BB000400 111
072CC010400 0
072CC020400 4754
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 2062
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 109
074 F000400 30771
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 104
074 K000400 0
074 L000400 15
074 M000400 275
074 N000400 33336
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 288
074 S000400 0
074 T000400 33048
074 U010400 3784
074 U020400 0
074 V010400 8.73
<PAGE> PAGE 16
074 V020400 0.00
074 W000400 0.0000
074 X000400 57
074 Y000400 0
075 A000400 0
075 B000400 23847
076 000400 0.00
008 A000501 MONTGOMERY ASSET MANAGEMENT
008 B000501 S
008 C000501 801-36790
008 D010501 SAN FRANCISCO
008 D020501 CA
008 D030501 94111
008 A000502 SEI FINANCIAL MANAGEMENT CORPORATION
008 B000502 A
008 C000502 801-24593
008 D010502 WAYNE
008 D020502 PA
008 D030502 19087
015 A000501 STATE STREET BANK
015 B000501 C
015 C010501 BOSTON
015 C020501 MA
015 C030501 02110
015 E040501 X
028 A010500 0
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 0
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 0
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 2545
028 E020500 0
028 E030500 0
028 E040500 0
028 F010500 2719
028 F020500 0
028 F030500 0
028 F040500 24
028 G010500 5264
028 G020500 0
<PAGE> PAGE 17
028 G030500 0
028 G040500 24
028 H000500 0
029 000500 N
030 A000500 0
030 B000500 0.00
030 C000500 0.00
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 100
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 1
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 50000
048 A020500 1.050
048 B010500 0
048 B020500 0.700
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
<PAGE> PAGE 18
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 0
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
<PAGE> PAGE 19
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 4070
071 B000500 0
071 C000500 2063
071 D000500 0
072 A000500 2
072 B000500 13
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 4
072 G000500 2
072 H000500 0
072 I000500 0
072 J000500 5
072 K000500 0
072 L000500 0
072 M000500 0
072 N000500 2
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 1
072 S000500 0
072 T000500 1
072 U000500 0
072 V000500 0
072 W000500 3
072 X000500 18
072 Y000500 11
072 Z000500 6
072AA000500 1
072BB000500 0
<PAGE> PAGE 20
072CC010500 53
072CC020500 0
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 3240
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 4124
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 173
074 K000500 0
074 L000500 0
074 M000500 0
074 N000500 7537
074 O000500 2227
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 10
074 S000500 0
074 T000500 5300
074 U010500 516
074 U020500 0
074 V010500 10.27
074 V020500 0.00
074 W000500 0.0000
074 X000500 10
074 Y000500 0
075 A000500 0
075 B000500 3041
076 000500 0.00
SIGNATURE JEFFREY A. COHEN
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 010
<NAME> CORE INTERNATIONAL EQUITY PORTFOLIO CLASS A
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> MAR-01-1994
<PERIOD-END> FEB-28-1995
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 324466
<INVESTMENTS-AT-VALUE> 326295
<RECEIVABLES> 3711
<ASSETS-OTHER> 3220
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 333226
<PAYABLE-FOR-SECURITIES> 1704
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2968
<TOTAL-LIABILITIES> 4672
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 318743
<SHARES-COMMON-STOCK> 34249
<SHARES-COMMON-PRIOR> 45781
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (31)
<ACCUMULATED-NET-GAINS> 17784
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 773
<NET-ASSETS> 328554
<DIVIDEND-INCOME> 9792
<INTEREST-INCOME> 1985
<OTHER-INCOME> 0
<EXPENSES-NET> (5640)
<NET-INVESTMENT-INCOME> 6137
<REALIZED-GAINS-CURRENT> 36204
<APPREC-INCREASE-CURRENT> (48171)
<NET-CHANGE-FROM-OPS> (30968)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (23038)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32225
<NUMBER-OF-SHARES-REDEEMED> (45194)
<SHARES-REINVESTED> 1437
<NET-CHANGE-IN-ASSETS> (174944)
<ACCUMULATED-NII-PRIOR> 1278
<ACCUMULATED-GAINS-PRIOR> 6908
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1516
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5717
<AVERAGE-NET-ASSETS> 472580
<PER-SHARE-NAV-BEGIN> 11.00
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> (.97)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.59
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 011
<NAME> CORE INTERNATIONAL EQUITY PORTFOLIO PROVANTAGE FUNDS
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> MAY-01-1994
<PERIOD-END> FEB-28-1995
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 324466
<INVESTMENTS-AT-VALUE> 326295
<RECEIVABLES> 3711
<ASSETS-OTHER> 3220
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 333226
<PAYABLE-FOR-SECURITIES> 1704
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2968
<TOTAL-LIABILITIES> 4672
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 318743
<SHARES-COMMON-STOCK> 5
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (31)
<ACCUMULATED-NET-GAINS> 17784
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 773
<NET-ASSETS> 328554
<DIVIDEND-INCOME> 9792
<INTEREST-INCOME> 1985
<OTHER-INCOME> 0
<EXPENSES-NET> (5640)
<NET-INVESTMENT-INCOME> (6137)
<REALIZED-GAINS-CURRENT> 36204
<APPREC-INCREASE-CURRENT> (48171)
<NET-CHANGE-FROM-OPS> (30968)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (174944)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1516
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5717
<AVERAGE-NET-ASSETS> 472580
<PER-SHARE-NAV-BEGIN> 10.81
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> (.67)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.56
<EXPENSE-RATIO> 1.47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 020
<NAME> INTERNATIONAL FIXED INCOME
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> MAR-01-1994
<PERIOD-END> FEB-28-1995
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 39218
<INVESTMENTS-AT-VALUE> 40280
<RECEIVABLES> 4434
<ASSETS-OTHER> 2614
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 47328
<PAYABLE-FOR-SECURITIES> 4582
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 166
<TOTAL-LIABILITIES> 4748
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 41893
<SHARES-COMMON-STOCK> 4086
<SHARES-COMMON-PRIOR> 2315
<ACCUMULATED-NII-CURRENT> 454
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (927)
<ACCUM-APPREC-OR-DEPREC> 1534
<NET-ASSETS> 42580
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1946
<OTHER-INCOME> 0
<EXPENSES-NET> (343)
<NET-INVESTMENT-INCOME> 1603
<REALIZED-GAINS-CURRENT> (927)
<APPREC-INCREASE-CURRENT> 1733
<NET-CHANGE-FROM-OPS> 3079
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2335)
<DISTRIBUTIONS-OF-GAINS> (67)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3504
<NUMBER-OF-SHARES-REDEEMED> (1882)
<SHARES-REINVESTED> 150
<NET-CHANGE-IN-ASSETS> 18902
<ACCUMULATED-NII-PRIOR> 135
<ACCUMULATED-GAINS-PRIOR> 67
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 103
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 444
<AVERAGE-NET-ASSETS> 34270
<PER-SHARE-NAV-BEGIN> 10.23
<PER-SHARE-NII> .43
<PER-SHARE-GAIN-APPREC> .40
<PER-SHARE-DIVIDEND> (.62)
<PER-SHARE-DISTRIBUTIONS> (.02)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.42
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 030
<NAME> EUROPEAN EQUITY PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> APR-29-1994
<PERIOD-END> FEB-28-1995
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 34072
<INVESTMENTS-AT-VALUE> 34197
<RECEIVABLES> 602
<ASSETS-OTHER> 3393
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 38192
<PAYABLE-FOR-SECURITIES> 1784
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 130
<TOTAL-LIABILITIES> 1914
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36439
<SHARES-COMMON-STOCK> 3663
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (10)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (165)
<ACCUM-APPREC-OR-DEPREC> 112
<NET-ASSETS> 36278
<DIVIDEND-INCOME> 398
<INTEREST-INCOME> 80
<OTHER-INCOME> 0
<EXPENSES-NET> (267)
<NET-INVESTMENT-INCOME> 211
<REALIZED-GAINS-CURRENT> (165)
<APPREC-INCREASE-CURRENT> 112
<NET-CHANGE-FROM-OPS> 4
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (165)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4171
<NUMBER-OF-SHARES-REDEEMED> (523)
<SHARES-REINVESTED> 15
<NET-CHANGE-IN-ASSETS> 36278
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 67
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 324
<AVERAGE-NET-ASSETS> 24652
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> (.11)
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 1.3
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 040
<NAME> PACIFIC BASIN EQUITY PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> APR-29-1994
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 35553
<INVESTMENTS-AT-VALUE> 30880
<RECEIVABLES> 119
<ASSETS-OTHER> 2337
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 33336
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 288
<TOTAL-LIABILITIES> 288
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37766
<SHARES-COMMON-STOCK> 3784
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (37)
<ACCUM-APPREC-OR-DEPREC> (4754)
<NET-ASSETS> 33048
<DIVIDEND-INCOME> 122
<INTEREST-INCOME> 59
<OTHER-INCOME> 0
<EXPENSES-NET> (259)
<NET-INVESTMENT-INCOME> (81)
<REALIZED-GAINS-CURRENT> (37)
<APPREC-INCREASE-CURRENT> (4754)
<NET-CHANGE-FROM-OPS> (4946)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5018
<NUMBER-OF-SHARES-REDEEMED> (1234)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 33048
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 80
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 335
<AVERAGE-NET-ASSETS> 23847
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> (1.25)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.73
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000835597
<NAME> SEI INTERNATIONAL TRUST
<SERIES>
<NUMBER> 050
<NAME> EMERGING MARKETS EQUITY PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-START> JAN-17-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 4070
<INVESTMENTS-AT-VALUE> 4124
<RECEIVABLES> 0
<ASSETS-OTHER> 3413
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7537
<PAYABLE-FOR-SECURITIES> 2227
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10
<TOTAL-LIABILITIES> 2237
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5240
<SHARES-COMMON-STOCK> 516
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 6
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 53
<NET-ASSETS> 5300
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13
<OTHER-INCOME> 0
<EXPENSES-NET> (7)
<NET-INVESTMENT-INCOME> 6
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 53
<NET-CHANGE-FROM-OPS> 60
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 518
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5300
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18
<AVERAGE-NET-ASSETS> 3041
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .26
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.27
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
To the Board of Trustees
SEI International Trust
We have reviewed the accompanying management description of the specific
control objectives and the control procedures that achieve those objectives
of the Core International Equity Portfolio (the "Portfolio") of
SEI International Trust (the "Fund") insofar as they relate to those portions
of its system for calculating the net asset value and dividends and
distributions which are unique to the allocation of results of operations
to the two classes of outstanding shares of the Portfolio. Our review,
covering the period May 1, 1994 through February 28, 1995, include such tests as
we considered necessary whether the procedures described and the extent of
compliance with them were sufficient to provide reasonable, but not absolute,
assurance that the specific control objectives were achieved.
Because of inherent limitations in any internal control structure, errors
or irregularities may occur and not be detected. Also, projections of any
evaluation of the system to future periods is subject to the risk that
procedures may become inadequate because of changes in conditions, or that
the degree of compliance may deteriorate.
In our opinion, the control procedures and methodologies of the Fund related
to those portions of its system for calculating the net asset value and
dividends and distributions which are unique to the allocation of results of
operations to the two classes of outstanding shares of the Portfolio and the
degree of compliance with them were sufficient to provide reasonable, but
not absolute, assurance that the control objectives described in the first
paragraph of this report were achieved for the period May 1, 1994 through
February 28, 1995.
This report is intended solely for the use of management of the Fund and the
Securities and Exchange Commission and should not be used for any other
purpose.
PRICE WATERHOUSE LLP
Philadelphia, Pennsylvania
April 11, 1995
To the Board of Trustees
SEI International Trust
In planning and performing our audit of the financial statements of SEI
International Trust (the "Fund") for the year ended February 28, 1995,
we considered its internal control structure, including procedures for
safeguarding securities, in order to determine our auditing procedures for
the purposes of expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, and not to provide assurance on
the internal control structure.
The management of the Fund is responsible for establishing and maintaining
an internal control structure. In fulfilling this responsibility, estimates
and judgments by management are required to assess the expected benefits and
related costs of internal control structure policies and procedures. Two of
the objectives of an internal control structure are to provide management
with reasonable, but not absolute, assurance that assets are appropriately
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in
conformity with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors
or irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or that the
effectiveness of the design and operations may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design
or operation of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements being
audited may occur and not be detected within a timely period by employees
in the normal course of performing their assigned functions. However, we
noted no matters involving the internal control structure, including
procedures for safeguarding securities, that we consider to be material
weaknesses as defined above as of February 28, 1995.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
PRICE WATERHOUSE LLP
Philadelphia, Pennsylvania
April 11, 1995
Consent of Independent Accountants
We hereby consent to the use in the Statement of Additional Information
constituting part of this Post-Effective Amendment No. 19 to the Registration
Statement on Form N-1A of our report dated April 11, 1995, relating to the
financial statements of the Core International Equity, European Equity,
Pacific Basin Equity, Emerging Markets Equity and International Fixed Income
Portfolios of SEI International Trust which appears in such Statement of
Additional Information. We also consent to the references to us under the
headings "Financial Highlights" and "General Information" in the Prospectuses
and under the headings "Experts" and "Financial Statements" in the
Statement of Additional Information.
PRICE WATERHOUSE LLP
Philadelphia, PA
April 26, 1995
SEI Financial Management Methodology for Controlling
Multi-Class Funds
Control Objectives
The following represents the internal accounting control objectives and
policies and procedures for the allocation of income and expenses and the
computation of the net asset value and, if applicable, the
dividend/distribution for each class of shares. It does not cover the
internal accounting control procedures surrounding the processing of
information into the primary accounting system of SEI Financial
Management.
Following are the specific control objectives:
1.Capital share activity as reported by the Fund's transfer agent is
recorded for each class in an accurate and timely manner.
2.Net investment income before class specific expenses and realized
gains/losses is properly allocated between the various classes of shares
within each fund.
3.Class specific expenses, (i.e. 12b-1 fees) are properly calculated and
allocated between the various classes of shares within each fund .
4.Dividends and distributions are correctly calculated for each class of
shares of each fund.
5.Net asset value per share of each class of shares of each fund includes
the appropriate amount of expenses, including those expenses allocated
between each class of shares.
SEI Financial Management Methodology for Controlling
Multi-Class Funds
Procedures - Non Dollar Funds
1.Separate paid in capital accounts will be maintained for each class.
Both the transfer agent and the fund accountant will track and record
paid in capital/share activity separately for each class.
2.On a daily basis, net investment income before class specific expenses
(e.g. 12b-1 fee) will be allocated to the various classes on the basis of
prior day's net assets adjusted for current day's shareholder activity.
3.On a daily basis, the net daily realized gain/loss and net daily change
in unrealized gain/loss will be allocated to the various classes on the
basis of prior day's net assets adjusted for current day's shareholder
activity. Only the net daily activity will be allocated. Cumulative
balances will be tracked by class.
4.Net investment income allocated to each class will be reduced by class
specific expenses.
5.Total net assets will be calculated for each class.
6.Per unit NAV, POP, and/or redemption price will be calculated for each
class as required.
7.Distributions from net investment income will be calculated as follows:
a.Undistributed net investment income before class specific expenses will
be allocated to the respective classes on the basis of outstanding shares
on the declaration date.
b.The allocated amount will be reduced by class specific expenses.
c.The per share distributions will be calculated by class. Cumulative
distributions will be tracked by class.
8.Capital gain distributions will be calculated as follows:
a.The amount of net capital gains available for distribution will be
allocated to the various classes on the basis of outstanding shares on
the record date.
b.The per share distributions will be calculated by class. Cumulative
distributions will be tracked by class.
Key Internal Controls - Money Market Funds and Non-Dollar Funds
1. All calculations relating to the daily allocation ofincome, expenses,
realized gains, and unrealized appreciation/depreciation to each class
are performed via a standard EDP process without manual intervention.
Prior to utilizing this process, SEI accounting management tested this
process to ensure its accuracy.
2. On a daily basis, SEI supervisory staff review and sign-off on the
daily allocations performed through the above EDP process.
Net Asset Value Calculation
Non-Dollar Funds
Assumptions
1.The various classes differ as follows:
Class A No 12(b)-1 plan or load.
Class B 12(b)-1 plan which causes the class to incur 25 basis points
of distribution expense. In addition, a front end load of 4%
is in place.
Class C 12(b)-1 plan which causes the class to incur 25 basis points
of distribution expense. In addition, a CDSC of 4% is in place.
2.Paid in capital is tracked separately by class. That is, activity within
a specific class is recorded in the paid in capital account of that
specific class.
3.Unrealized gains losses, realized gains/losses, and undistributed income
before class specific expenses are allocated to the respective classes on
the basis of prior day's net assets, adjusted for current day shareholder
activity, on a daily basis. Separate accounts are maintained for each
class and the allocated amounts are recorded in the respective accounts.
4.Class specific expenses are levied prior to calculating the net asset
value per share.
5.After calculating class specific expenses, net asset value for each class
is calculated. Net assets are then divided by outstanding shares to
calculate the net asset value per share.
6.Two days' activity is presented. The daily activity was assumed to be as
follows:
Day 1
Opening Net Assets Shares
Class A $1,000,000 100,000
Class B $1,000,000 100,000
Class C $1,000,000 100,000
Paid in Capital Activity
Class A 100 Shares purchased
Class B 100 Shares purchased
Class C 100 Shares purchased
Unrealized Gains/Losses
Net unrealized gain activity of $10,000 was incurred for
the day.
Realized gains/losses
Net realized gain activity of $5,000 was incurred for the
day.
Net Investment Income
Net investment income of $20,000 was earned for the day.
Day 2
Paid in Capital Activity
Class A 50 shares redeemed
Class B 100 shares purchased
Class C 50 shares purchased
Unrealized Gains/Losses
Net unrealized gain activity of $10,000 was incurred for
the day.
Realized Gains/Losses
Net realized gain activity of $5,000 was incurred for the
day.
Net Investment Income
Net investment income of $20,000 was earned for the day.
Daily Net Asset Value
Calculation
Day 1
<TABLE>
<CAPTION>
CLASS A CLASS B CLASS C TOTAL
<S> <C> <C> <C> <C>
1. Shares, Prior Day 100,000.00 100,000.00 100,000.00 300,000.00
2. Share Activity 100.00 100.00 100.00 300.00
3. Adjusted Shares 100,100.00 100,100.00 100,100.00 300,300.00
4. Prior Day Net Assets 1,000,000.00 1,000,000.00 1,000,000.00 3,000,000. 00
5. Today's Capital 1,000.00 1,000.00 1,000.00 3,000.00
Activity
6. Adjusted Net Assets 1,001,000.00 1,001,000.00 1,001,000.00 3,003,000.00
7. Net Asset Percentage 33.34% 33.33% 33.33% 100.00%
8. Net InvestmentIncome
Before class 6,668.00 6,666.00 6,666.00 20,000.00
specific expenses
9. Class specific
expense 0.00 6.85 6.85 13.70
12(b)-1 fees
10.Net Investment 6,668.00 6,659.15 6,659.15 19,986.30
Income
11.Realized Gains/Losses
Short Term 0.00 0.00 0.00 0.00
Long Term 1667.00 1666.50 1666.50 5000.00
12.Unrealized Gains 3,334.00 3,333.00 3,333.00 10,000.00
Losses
13.Net Change in Net
Assets(5+10+11+12) 12,669.00 12,658.65 12,658.65 37,986.30
14.Prior Day's Net 1,000,000.00 1,000,000.00 1,000,000.00 3,000,000.
Assets
15.Total Net Assets 1,012,669.00 1,012,658.65 1,012,658.65 3,037,986.30
(13+14)
16.Outstanding Shares 100,100.00 100,100.00 100,100.00 300,300.00
17. Net Asset Value - 10.11657343 10.11647003 10.11647003
Raw
Net Asset Value - 10.12 10.12 10.12
Rounded
POP 10.12 10.54 10.12
Redemption Price 10.12 10.12 9.72
</TABLE>
Prepared By:
Reviewed By:
Daily Net Asset Value
Calculation
Day 2
<TABLE>
<CAPTION>
Class A Class B Class C Total
<S> <C> <C> <C> <C>
1.Shares, Prior Day 100,100.00 100,100.00 100,100.00 300,300.00
2. Share Activity -50.00 100.00 50.00 100.00
3. Adjusted Shares 100,050.00 100,200.00 100,150.00 300,400.00
4.Prior Day Net Assets 1,012,669.00 1,012,658.67 1,012,658.67 3,037,986.34
5. Today's Capital -506.00 1,012.00 506.00 1,012.00
Activity
6.Adjusted Net Assets 1,012,163.00 1,013,670.67 1,013,164.67 3,038,998.34
7.Net Asset Percentage 33.31% 33.35% 33.34% 100.00%
8. Net Investment
Income
Before class 6,662.00 6,670.00 6,668.00 20,000.00
specific expenses
9. Class specific
expense 0.00 6.94 6.94 13.88
12(b)-1 fees
10.Net Investment 6,662.00 6,663.08 6,661.08 19,986.16
Income
11.Realized
Gains/Losses
Short Term 0.00 0.00 0.00 0.00
Long Term 1665.50 1667.50 1667.00 5000.00
12.Unrealized Gains 3,331.00 3,335.00 3,334.00 10,000.00
Losses
13.Net Change in Net
Assets 11,152.50 12,677.60 12,168.10 35,998.20
(5+10+11+12)
14.Prior Day's Net 1,012,669.00 1,012,658.67 1,012,658.67 3,037,986.34
Assets
15.Total Net Assets 1,023,821.50 1,025,336.27 1,024,826.77 3,073,984.54
(13+14)
16.Outstanding Shares 100,050.00 100,200.00 100,150.00 300,400.00
17.Net Asset Value - 10.23309845 10.23289691 10.23291832
Raw
Net Asset Value - 10.23 10.23 10.23
Rounded
POP 10.23 10.66 10.23
Redemption Price 10.23 10.23 9.82
</TABLE>
