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SDIT MONEY MARKET FUND (First Prospectus Summary) | SDIT MONEY MARKET FUND
MONEY MARKET FUND
Investment Goal
Preserve principal value and maintain a high degree of liquidity while providing
current income.
Fees and Expenses
This table describes the fees and expenses that you may pay if you buy and hold
Fund shares.
ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
SDIT MONEY MARKET FUND
CLASS A
Management Fees 0.07%
Distribution (12b-1) Fees none
Other Expenses 0.61%
Total Annual Fund Operating Expenses 0.68%
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the Fund for the time periods indicated and then redeem all of
your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
SDIT MONEY MARKET FUND CLASS A
69 218 379 847
Principal Investment Strategies
The Money Market Fund is comprised of short-term U.S. dollar-denominated debt
obligations that are rated in one of the two highest rating categories by
nationally recognized statistical rating organizations or that the sub-adviser
(Sub-Adviser) determines are of comparable quality. Under normal market
conditions, the Fund invests in: (i) commercial paper and other short-term
corporate obligations of U.S. and foreign issuers (including asset-backed
securities) rated in the highest short-term rating category or that the
Sub-Adviser determines are of comparable quality; (ii) certificates of deposit,
time deposits, bankers' acceptances, bank notes and other obligations of U.S.
savings and loan and thrift institutions, U.S. commercial banks (including
foreign branches of such banks), and foreign banks, that meet certain asset
requirements; (iii) short-term obligations issued by state and local
governments; (iv) obligations of foreign governments (including Canadian and
Provincial Government and Crown Agency obligations); and (v) U.S. Treasury
obligations and obligations issued or guaranteed as to principal and interest by
agencies or instrumentalities of the U.S. Government. The Fund may also enter
into fully-collateralized repurchase agreements.

Using a top-down strategy and bottom-up security selection, the Sub-Adviser
seeks securities with acceptable maturities (consistent with requirements of the
Investment Company Act of 1940, as amended (the 1940 Act), for money market
funds) that are marketable and liquid, offer competitive yields and are issued
by issuers that are on a sound financial footing. Currently, the Fund invests
only in first-tier securities. The Sub-Adviser also considers factors such as
the anticipated level of interest rates and the maturity of individual
securities relative to the maturity of the Fund as a whole. The Fund follows the
1940 Act rules about credit quality, maturity and diversification for money
market funds.
Principal Risks
Interest Rate Risk - The risk that the Fund's yield will decline due to falling
interest rates. A rise in interest rates typically causes a fall in the value of
fixed income securities in which the Fund invests, while a fall in interest
rates typically causes a rise in the value of such securities.

U.S. Government Securities Risk - Although U.S. Government securities are
considered to be among the safest investments, they are not guaranteed against
price movements due to changing interest rates. Obligations issued by some U.S.
Government agencies are backed by the U.S. Treasury, while others are backed
solely by the ability of the agency to borrow from the U.S. Treasury or by the
agency's own resources.

The Fund is also subject to the following additional risks:

Asset-Backed Securities Risk - Payment of principal and interest on asset-backed
securities is dependent largely on the cash flows generated by the assets
backing the securities and asset-backed securities may not have the benefit of
any security interest in the related assets.

Corporate Fixed Income Securities Risk - Corporate fixed income securities
respond to economic developments, especially changes in interest rates, as well
as perceptions of the creditworthiness and business prospects of individual
issuers.

Credit Risk - The risk that the issuer of a security, or the counterparty to a
contract, will default or otherwise become unable to honor a financial
obligation.

Extension Risk - The risk that rising interest rates may extend the duration of
a fixed income security, typically reducing the security's value.

Fixed Income Market Risk - The prices of the Fund's fixed income securities
respond to economic developments, particularly interest rate changes, as well as
to perceptions about the creditworthiness of individual issuers, including
governments and their agencies. In the case of foreign securities, price
fluctuations will reflect international economic and political events.

Foreign Issuer Risk - The risk that issuers in foreign countries face political
and economic events unique to such countries. These events will not necessarily
affect the U.S. economy or similar issuers located in the U.S.

Liquidity Risk - The risk that certain securities may be difficult or impossible
to sell at the time and the price that the seller would like. The seller may
have to lower the price, sell other securities instead or forego an investment
opportunity, any of which could have a negative effect on fund management or
performance.

Market Risk - The risk that the market value of a security may move up and down,
sometimes rapidly and unpredictably. Market risk may affect a single issuer, an
industry, a sector or the bond market as a whole.

Opportunity Risk - The risk of missing out on an investment opportunity because
the assets necessary to take advantage of it are tied up in other investments.

Prepayment Risk - The risk that, with declining interest rates, fixed income
securities with stated interests may have the principal paid earlier than
expected, requiring the Fund to invest the proceeds at generally lower interest
rates.

An investment in the Fund is not a bank deposit nor is it insured or guaranteed
by the Federal Deposit Insurance Corporation or any other government agency.
Although the Fund seeks to maintain a constant price per share of $1.00, you may
lose money by investing in the Fund.
Performance Information
The bar chart and the performance table below provide some indication of the
risks of investing in the Fund by showing changes in the Fund's performance from
year to year and by showing the Fund's average annual returns for 1, 5, and 10
years, and since the Fund's inception. The Fund's past performance is not
necessarily an indication of how the Fund will perform in the future.
This bar chart shows changes in the performance of the Fund's Class A Shares
from year to year for the last ten years. The performance information shown is
based on full calendar years.
Bar Chart
Best Quarter: 1.44% (03/31/01)

Worst Quarter: 0.02% (03/31/10)

The Fund's Class A total return from January 1, 2011 to March 31, 2011 was
0.03%.
Average Annual Total Returns (for the periods ended December 31, 2010)
Average Annual Total Returns
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, 10 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
SDIT MONEY MARKET FUND CLASS A
0.13% 2.69% 2.46% 4.95% Nov. 15, 1983
Please call 1-800-DIAL-SEI to obtain the Fund's current 7-day yield.