Wellington Global Credit ESG D EUR Hdg

The Fund seeks long-term total returns in excess of a custom Bloomberg Global Aggregate Corporate (Fin 40% cap) USD/Euro/GBP 1% Cap $500M Min Index (ex Tier 1, Upper Tier 2, and Capital Credit securities) Index (the "Index"). The Index is composed of investment grade corporate bonds with minimum amounts outstanding denominated in US Dollars, Euros, and Sterling within the industrial, utility and financial services sectors with individual issuers capped at 1%, financials capped at 40% and excluding certain subordinated debt instruments. The Fund will be actively managed, investing primarily in a diversified portfolio of investment grade corporate debt instruments. It may also invest in securities issued by government or supranational issuers, mortgage and other asset-backed securities, as well as exchange-traded and over-the-counter derivatives. The Fund will generally be diversified by country, currency, sector and issuer, but may hold positions that are concentrated from time to time. The Fund's construction is based on top-down analysis of global investment themes, rigorous fundamental economic analysis and specialist research on individual credit sectors with bottom-up security selection. The Fund excludes issuers rated 5 for E or S Rating using a rating scale of 1-5, where 1 is the highest rating and 5 the most negative rating as explained above. Issuers with a below average E or S Rating (E or S Rating of 4) may only be included in the Fund if the investment manager of the Fund (the "Investment Manager") determines that the Fund is adequately compensated for the additional risk. The Fund will apply this ESG framework to its investment analysis and decisions on at least 90% of the holdings (excluding cash and cash equivalents) with the aim of achieving full coverage over time as the disclosure of ESG information improves. The Fund aims to be fully invested with cash and cash equivalents held on an ancillary basis. The Investment Manager will also seek to reduce

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No