SEI has launched five tax-managed, exchange-traded fund strategies to help financial advisors meet the growing demand for low-cost, tax-conscious investment strategies.

SEI has launched five tax-managed, exchange-traded funds strategies, focused on: conservative, moderate, market growth, aggressive and equity.

The strategies invest in underlying ETFs - each of which has its own investment goal - and typically consist of equity and fixed income ETFs. However, they may also provide exposure to additional asset classes such as real estate, commodities and currencies, SEI said.

In managing the impact of taxes, the firm added that the strategies may use tax-management techniques such as purchasing municipal fixed income ETFs in a bit to create tax-exempt income, controlling portfolio turnover levels, and selling securities with the least tax impact.

SEI’s existing tax-managed product line includes tax-managed mutual funds and a separately-managed accounts program.