Wellington Emerging Local Debt Advanced Beta Fund EUR SC Ac

The Fund seeks long-term total returns through capital appreciation and income. It aims to provide a return broadly equivalent to overall market returns but with less risk.

The Fund primarily invests in emerging markets local currency-denominated sovereign bonds, with a focus on diversification by country, currency, sector, and issuer. It seeks to provide exposure in an alternate manner by emphasizing areas of the market that have demonstrated higher returns for the level of risk taken, using a systematic risk-controlled approach.

Investment in emerging markets local currency-denominated sovereign bonds creates an implicit short exposure in the base currency of the Fund, and exchange rate movements can impact returns. Derivatives are used to hedge risk and manage volatility, forming a significant part of the strategy that may impact performance. Additionally, the Fund may not be suitable for investors planning to withdraw their money within five years, and it should not constitute a substantial proportion of an investment portfolio for all investors.

https://www.wellington.com/en-gb/institutional/funds/emerging-local-debt-advanced-beta-fund