Wellington Gl.Cr.Sh.Duration Fd.S H
IE00BMNQXG50
Wellington Gl.Cr.Sh.Duration Fd.S H/ IE00BMNQXG50 /
NAV23/09/2024 |
Chg.+0.0082 |
Type of yield |
Investment Focus |
Investment company |
13.0607GBP |
+0.06% |
reinvestment |
Bonds
Worldwide
|
Wellington M.Fd.(IE) ▶ |
Investment strategy
The Fund seeks long-term total returns. The Fund will be actively managed, investing primarily in in debt securities. The Fund will seek long-term total returns over the Bloomberg Global Aggregate Corporate 1-3 Year Index (the "Index"), via providing exposure to credit whilst keeping portfolio turnover low and mitigating against capital erosion over the long- term. The Fund's interest rate duration (sensitivity to interest rate changes) will be managed to ensure that the total average will typically be plus or minus 0.75 years of the index. The Fund will generally be diversified by country, currency, industry, sector, issuer and market cap but may hold positions that are concentrated from time to time.
investment grade corporate bonds globally. It may also invest in securities issued by government, agency, supranational or corporate issuers, mortgage and other asset-backed securities. Below investment grade securities will be limited to 20% of the net assets of the Fund at the time of purchase. Derivatives may be used to hedge (manage) risk and for investment purposes (such as gaining exposure to a security). The Index serves as a reference benchmark for performance comparison and market context purposes only. Whilst Fund securities may be components of the Index, the Index is not considered during portfolio construction and the Investment Manager will not manage the extent to which Fund securities differ from the Index. The Index is a market captalisation weighted index and is comprised of fixed income securities from a broad array of geographies and sectors under the corporate umbrella, with maturities between 1 and 3 years. The Fund will seek to support certain environmental characteristics by aiming to achieve net zero emissions by 2050 in alignment with the Paris Agreement, by investing a minimum of 20% of the Fund's NAV (excluding cash and cash equivalents) in companies which have established, or have committed to establish science-based targets, with this percentage increasing to a minimum of 55% by 2030, and 100% by 2040. During normal market conditions, a minimum of 20% of the Fund's net assets will be aligned to the environmental characteristics of the Fund.
Investment goal
The Fund seeks long-term total returns. The Fund will be actively managed, investing primarily in in debt securities. The Fund will seek long-term total returns over the Bloomberg Global Aggregate Corporate 1-3 Year Index (the "Index"), via providing exposure to credit whilst keeping portfolio turnover low and mitigating against capital erosion over the long- term. The Fund's interest rate duration (sensitivity to interest rate changes) will be managed to ensure that the total average will typically be plus or minus 0.75 years of the index. The Fund will generally be diversified by country, currency, industry, sector, issuer and market cap but may hold positions that are concentrated from time to time.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
- |
Business year start: |
01/01 |
Last Distribution: |
- |
Depository bank: |
- |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Mahmoud El-Shaer |
Fund volume: |
118.33 mill.
USD
|
Launch date: |
18/06/2014 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.15% |
Minimum investment: |
1,000,000.00 GBP |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Wellington M.Fd.(IE) |
Address: |
Cardinal Place, 80 Victoria Street, SW1E 5JL, London |
Country: |
United Kingdom |
Internet: |
www.wellingtonfunds.com
|
Assets
Bonds |
|
96.20% |
Cash and Other Assets |
|
3.80% |
Countries
United States of America |
|
40.40% |
Euroland |
|
25.20% |
United Kingdom |
|
19.20% |
Europe |
|
5.40% |
Asia ex Japan |
|
1.20% |
Others |
|
8.60% |