Wellington Euro Credit ESG EUR S AccU
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General Objective
The Wellington Euro Credit ESG Fund seeks long-term total returns in excess of the Bloomberg Euro Aggregate Corporate Index. The Fund primarily invests in euro-denominated corporate debt securities from issuers located around the world, applying an environmental, social, and governance (ESG) framework to investment decisions.
Fund Exposure
The Fund is actively managed and focuses on euro-denominated corporate debt securities. It applies an ESG framework to assess the impact of ESG activities on issuers' ability to repay debt. Exclusions are used to avoid issuers with poor ratings and those engaging in harmful environmental or social practices.
Risks
One of the risks associated with this fund is the geographic distribution below investment grade. Lower-rated or unrated securities may have a higher risk of default, be more volatile, less liquid, and involve higher transaction costs.