Wellington Blended Opportunistic Em. Markets Debt N $

The Fund seeks long-term total returns. The Fund will be actively managed seeking to outperform a blended index of 50% JP Morgan Emerging Markets Bond Index - Global Diversified and 50% JP Morgan Government Bond Index - Emerging Markets Global Diversified (the 'Index'), investing primarily in US Dollar and local currency denominated emerging markets debt securities and currency instruments. The first index tracks total returns for US Dollar-denominated debt instruments, both fixed and floating rate, issued by emerging market sovereign and quasi-sovereign entities. The second one is based on domestic currency government bonds. The Fund seeks to take advantage of investment opportunities across the emerging markets debt security spectrum. The The investment manager of the Fund (the 'Investment Manager') uses the below key components to build its portfolio:- An assessment of global economic, liquidity and market conditions to identify key global factors impacting emerging market valuations.- A combination of quantitative and fundamental research to form views on country and currency allocations.- Selection and scaling of positions taking into account criteria such as expected return, expected volatility and liquidity. - In-depth risk management, evaluating exposures by region, country, currency and sector and conducting sensitivity (to market factors) and scenario (to different market environments) analysis. The Fund will invest, either directly or via derivatives, in bonds (fixed or floating rate) issued by government, sovereign, quasi-sovereign agency, supranational or corporate issuers across multiple denominations and countries. The Fund will generally be diversified by country, currency and issuer, but may hold concentrated positions from time to time. The Fund may actively manage its currency exposure to both emerging and developed markets. Average credit quality may be below investment grade. Derivatives will be used to hedge (manage) risk and/or volatility, for

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No