Exhibit 99.B(g)(4)

FOURTEENTH AMENDMENT TO THE

AMENDED AND RESTATED MULTI-TRUST CUSTODY AGREEMENT

THIS FOURTEENTH AMENDMENT dated as of the last date written below (the “Effective Date”), to the Amended and Restated Multi-Trust Custody Agreement, dated as of June 14, 2013, as amended (the “Agreement”), is entered into by and between each of SEI Institutional Managed Trust, a Massachusetts business trust (“SIMT”), SEI Institutional Investments Trust, a Massachusetts business trust (“SIIT”), SEI daily income trust, a Massachusetts business trust (“SDIT”), sei asset allocation trust, a Massachusetts business trust (“SAAT”), sei tax exempt trust, a Massachusetts business trust (“STET”), SEI INSURANCE PRODUCTS TRUST, a Delaware statutory trust (“SIPT”), SEI EXCHANGE TRADED FUNDS TRUST, a Delaware statutory trust (“SETFT”), SEI CATHOLIC VALUES TRUST, a Delaware statutory trust (“SCVT”) and new Covenant Funds, a Delaware statutory trust (“NCF”) (each a “Trust” and, collectively, the “Trusts”), severally and not jointly, and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the “Custodian”).

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the parties desire to amend the Agreement to add the SEI Exchange Traded Funds Trust and to add SEI High Yield Bond & Alternative Credit ETF, a series of the SEI Exchange Traded Funds Trust; and

WHEREAS, the parties desire to amend the fees listed in Exhibit B of the Agreement;

WHEREAS, Article 15.02 of the Agreement allows for its amendment by a written instrument executed by both parties.

NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows:

SIGNATURES ON NEXT PAGE

IN WITNESS WHEREOF, the parties hereto have caused this Fourteenth Amendment to be executed by a duly authorized officer on one or more counterparts as of the Effective Date.

EXHIBIT A

to the Multi-Trust Custody Agreement

Fund Names

Separate Series of the Trusts

EXHIBIT B

to the Multi-Trust Custody Agreement

DOMESTIC CUSTODY SERVICES

FEE SCHEDULE

Annual Fee:

Calculated monthly on the Average Market Value of each fund* (less tri-party repurchase agreement assets and RIC Money Markets) within each trust.

The Annual Fee is calculated on the total Average Market Value of all funds** listed in the Amended and Restated Multi-Trust Custody agreement dated June 14, 2013 and the SEI Liquidity Fund LP dated March 1, 2007.

[REDACTED]

Security Lending Transaction Fees:

[REDACTED]

Portfolio Transaction Fees:

[REDACTED]

[REDACTED]

[REDACTED]

[REDACTED]

[REDACTED]

[REDACTED]

[REDACTED]

[REDACTED]

For the SAAT and SIPT Trust

Out of Pocket Expenses – per the custody agreement.

Fees are billed monthly

[Table Redacted]

Safekeeping and transaction fees are assessed on security and currency transactions

Annual Base Fee - A monthly minimum charge per Fund will apply based on the number of foreign securities held.

Tax Reclamation Services: [REDACTED]

Out of Pocket Expenses – Per the custody agreement

Fees are billed monthly

EXHIBIT C

to the Multi-Trust Custody Agreement

Shareholder Communications Act Election

The Shareholder Communications Act of 1985 requires banks and trust companies to make an effort to permit direct communication between a company which issues securities and the shareholder who votes those securities.

Unless you specifically require us to NOT release your name and address to requesting companies, we are required by law to disclose your name and address.

Your “no” to disclosure will apply to all U.S. securities Custodian holds for you now and in the future, unless you change your mind and notify us in writing. A “no” election may prevent Custodian from obtaining, on your behalf, the most favorable tax rate for American Depository Receipts (ADRs) held in your account.