Wellingtion MF (Lux) III Credit Total Return DL $

The Fund seeks long-term total returns.The Fund will be actively managed, primarily investing in a global portfolio of US Dollar-denominated treasury, corporate, high yield and emerging market fixed income instruments.The investment manager of the Fund (the 'Investment Manager') will look to identify bonds they believe offer good return potential relative to their price and expected risk. The Fund can allocate meaningfully (up to 100% of the Fund's net asset value (NAV)) to cash and cash equivalents, including Treasury securities, in times of high market volatility.The Fund will be denominated in US Dollars (USD) and will primarily hold securities denominated in USD, including emerging market securities which will only be denominated in USD and will comprise a maximum of 50% of the Fund's NAV. Any non-USD currency exposures will be hedged back to USD and active currency management will not be permitted.The weighted average credit quality of the Fund will typically be investment grade i.e. at or above Baa3 by Moody's, BBB- by Standard & Poor's, or BBB- by Fitch. The average portfolio duration of the Fund will generally range between 3-6 years.The Fund may hold a maximum of 50% in non-investment grade securities at time of purchase and will not invest more than 10% of its NAV in securities issued by or guaranteed by any single country with a credit rating below investment grade. The Fund may invest in unrated debt securities up to a maximum of 10% of the NAV of the Fund.In case the holding of below investment grade securities exceeds 50% of the NAV of the Fund, or the weighted average credit quality is below investment grade, the Investment Manager's intention is to sell the excess portion of below investment grade debt securities or purchase additional investment grade debt securities as soon as reasonably possible, under normal market circumstances and in the best interest of Shareholders.The Fund does not consider a benchmark during portfolio construction or for pe

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No