Wellington Lux Downside Alpha Opportunities S Cap $

The Fund seeks long-term total returns in excess of the MSCI All Country World Index (the "Index").The Fund will be actively managed, investing primarily in equity securities of worldwide companies, combining multiple independent and complementary investment approaches that, together, the investment manager of the Fund (the "Investment Manager") believes will decline less than the market (as represented by the Index) when stocks fall, while aiming to keep pace when markets rise. The investment approach is based on the Investment Manager's assessment of a broad range of equity strategies using a screening process which is both qualitative and quantitative (e.g. assessing their investment universe, investment style and overlap). The Investment Manager tends to focus on strategies that are not constructed to look or perform like a benchmark, but which they believe, when combined together, have the ability to outperform the market in adverse market environments or those that have attractive risk diversifying characteristics relative to the other allocations. The Fund will invest in shares and other securities with equity characteristics such as depository receipts, preferred stock, warrants and rights. The Fund may invest either directly or via derivatives. Derivatives may be used to hedge (manage) risk, for investment purposes (such as gaining exposure to a security) and for managing the Fund more efficiently. The Index may be considered during portfolio construction and is used for performance comparison purposes. Fund securities may be components of the Index but are not expected to have similar weightings. The Investment Manager may limit the extent that security weightings differ from the Index but this should not be expected to limit the Fund's ability to achieve long-term total returns in excess of the Index. Dealing frequency Units can be bought or sold daily in accordance with the prospectus of the Umbrella Fund, ("the Prospectus").

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No