Wellington Global Property S $

The Fund seeks long-term total returns. The Fund will be actively managed, seeking to outperform the FTSE EPRA/NAREIT Developed Index (the "Index"), investing primarily in companies and/or real estate investment trusts ("REITs"), globally, with activities in or related to the development, operation, service and/or ownership of real estate. The Fund may also invest in other issuers that have a significant exposure to real estate through ownership of real estate assets. The Investment Manager looks for this in places such as homebuilders, lodging, multi-family housing, retail real estate, office properties and property service companies. The Fund does not directly purchase property. The investment approach is based on independent, bottom-up, research combined with top-down analysis of the real estate market, seeking companies believed to have attractive valuation metrics, management teams with a disciplined investment strategy, an ability to deliver high levels of rent growth and occupancy relative to the real estate market, and a strong balance sheet able to fund future external growth and increase dividends. Top-down analysis is based on three broad components: macroeconomic trends (those affecting supply and demand for real estate within regions), capital markets expectations (return expectations of companies across broad equity and fixed income markets), and private real estate market trends (understanding the impact private markets investments have on public real estate companies). Geographic and sector weightings are typically most influenced by the bottom-up stock selection process, though they are also impacted by the top-down evaluation of the real estate market. The FTSE EPRA/NAREIT Developed Index ('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 of the Fund (the 'Investment Manag

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No