Wellington All-China Focus Equity N $

The Fund seeks long-term total returns. The Fund will be actively managed, seeking to outperform the MSCI China All Shares Index (the 'Index") and achieve the objective investing primarily in companies that are located, and/or conduct substantial business activities in China. The investment manager of the Fund (the 'Investment Manager') focuses on companies that meet its standards of managerial quality (e.g. experience, governance track record, equity ownership and positive dealings with stakeholders and shareholders) and these companies are then assessed on the strength and sustainability of their business model (e.g. industry growth expectations, potential barriers to entry and relative strength of balance sheet), as well as their ability to generate sustainable long-term returns on capital. For liquidity or to respond to unusual market conditions the fund may hold up to 20% of its assets in cash and cash equivalents temporarily for defensive purposes. The Fund will invest in China A Shares traded via Stock Connect and other equities and securities with equity characteristics. These may include, but are not limited to, common stocks (such as Hong Kong listed 'H shares' and other international listings) and depository receipts (such as ADRs, GDRs and European Depository Receipts). The Fund will typically seek to invest directly or via derivatives where direct equity exposure is not accessible. The Fund may be concentrated in a relatively small number of securities and industry sectors and will be more concentrated in terms of country exposures and, as a result, may be more volatile than more broadly diversified funds. 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 serves as a reference benchmark for performance comparison purposes. Whilst Fund securities may be components of the Index, the Index is not considered during portfolio construction and

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No