Wellington Emerging Local Debt Advanced Beta Fund USD SB Ac

Wellington Emerging Local Debt Adv Beta aims to deliver long-term growth and income by actively investing in sovereign bonds issued in local currencies from emerging markets. The portfolio is diversified across various countries, currencies, sectors, and issuers, though it may sometimes concentrate in specific areas. The fund employs an advanced beta strategy to focus on parts of the market that offer higher returns for their level of risk and uses derivatives to manage and reduce the impact of currency fluctuations. This approach seeks to achieve market-like returns with lower risk by emphasizing well-performing segments of the emerging local debt markets.