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fund_global-quality-growth_d_1500x560-1
Share Class Inception Date: 05/08/2014
ISIN: LU1084869962

Global Quality Growth Fund

Global equity fund investing in high-quality growth companies

This is a marketing communication. Please refer to the prospectus of the Fund and to the KIID/KID and / or offering documents before making any final investment decisions.

29.8170
NAV (USD)
As at 08/01/2025
0.0380 (0.13%)
NAV daily change
As at 08/01/2025
6.55 B
AUM (USD)
As at 08/01/2025
Morningstar Rating
As at 31/12/2024
Article 8
SFDR Article Classification

FUND OVERVIEW

Actively managed global equity fund, seeking long-term total returns in excess of the MSCI All Country World Index, emphasising a balance of growth, valuation, capital return and quality criteria in selecting stocks.

Fund Highlights
  • Disciplined process: Our disciplined, measurable, and repeatable process is based on forecasting four proven share price drivers - quality, growth, total capital return, and valuation upside - to assess the relative attractiveness of companies
  • Dynamic positioning: Incorporation of a macroeconomic overlay using Wellington's proprietary Global Cycle Index (GCI), helps us assess where we are in the global economic cycle and tailor positioning accordingly
  • Downside protection potential: Focus on evaluating free cash flow-based quality and earning revisions helps us avoid stocks with deteriorating fundamentals to support downside protection over time

FUND TEAM

Steven Angeli, CFA
Equity Portfolio Manager
32 years industry experience
30 years with Wellington
Steve is a portfolio manager in Global Equity Portfolio Management and a co-leader of the firm’s Growth Opportunities team. He currently manages several Capital Appreciation approaches in a growth style.

KEY FUND FACTS

Fund Details
  • Base Currency
    USD
  • Fund Inception Date
    25/05/2011
  • Share Class Inception Date
    05/08/2014
  • Asset Class
    Equity
  • Domicile
    Luxembourg
  • Bloomberg
    WELGQDU LX
  • ISIN
    LU1084869962
  • Benchmark
    MSCI All Country World Index Net
  • SFDR Article Classification
    Article 8
  • Valoren
    25160608
Charges & Expenses
  • Management Fee
    0.75%
  • Ongoing Charges Figure
    1.79%
  • Minimum Investment
    USD 5.00 K
The Fund is authorised and regulated as a UCITS scheme by the Commission de Surveillance du Secteur Financier. The ongoing charges figure excludes Fund transaction costs, except in the case of depositary fees and an entry/exit charge paid by the Fund when buying or selling Shares in another collective investment undertaking. A detailed description of the charges that apply is set out in the section "Charges and Expenses" in the Prospectus. The ongoing charges figure may change over time. Charges applied will reduce the return potential of investments. Charges applied will reduce the return potential of investments. If an investor’s own currency is different from the currency shown, costs could increase or decrease due to currency or exchange related fluctuations.

PERFORMANCE

Cumulative PerformanceAs at 31/12/2024
Created with Highcharts 9.3.3Global Quality Growth Fund - USD D AccMSCI All Country World Index NetOct 14Jan 15Apr 15Jul 15Oct 15Jan 16Apr 16Jul 16Oct 16Jan 17Apr 17Jul 17Oct 17Jan 18Apr 18Jul 18Oct 18Jan 19Apr 19Jul 19Oct 19Jan 20Apr 20Jul 20Oct 20Jan 21Apr 21Jul 21Oct 21Jan 22Apr 22Jul 22Oct 22Jan 23Apr 23Jul 23Oct 23Jan 24Apr 24Jul 24Oct 24-50%0%50%100%150%200%250%

Past performance does not predict future returns.

Total return net of fees & expenses (%) as at 31/12/2024

SHARE CLASSFROM
TO
01/24
12/24
01/23
12/23
01/22
12/22
01/21
12/21
01/20
12/20
01/19
12/19
01/18
12/18
01/17
12/17
01/16
12/16
01/15
12/15
USD D Acc
(Total Return)
20.720.9-25.816.721.430.3-2.429.40.610.0
MSCI All Country World Index Net 17.5 22.2 -18.4 18.5 16.3 26.6 -9.4 24.0 7.9 -2.4

PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS. AN INVESTMENT CAN LOSE VALUE. The inception date of the USD D Acc share class is 05/08/2014. Periods greater than one year are annualised. If an investor's own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations. Fund returns shown are net of USD D Acc share class fees and expenses. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. The index returns, where applicable, are shown net of maximum withholding tax and assume reinvestment of dividends. Please note the fund has a swing pricing mechanism in place. If the last business day of the month is not a business day for the Fund, performance is calculated using the last available NAV. This may result in a performance differential between the fund and the index. Sources: Fund - Wellington Management. Index – MSCI.

FUND ALLOCATIONS

As at 31/10/2024
Created with Highcharts 9.3.3% OF EQUITY64.164.121.621.69.59.53.83.81.01.067.967.914.214.210.410.44.94.92.42.4FUNDBENCHMARKNorth AmericaEuropeEmerging MarketsJapanAsia Pacific ex Japan01020304050607080

FUND RISKS

All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment.
Summary Risk Indicator (SRI)
As at 09/12/2024
  • 1
    Lower Risk
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
    Higher Risk
Select a risk to learn more about it
  • Emerging Markets
  • Currency
  • Hedging
  • Equities
  • Sustainability
  • Manager
  • Capital
  • Concentration

The risk category shown is based on a combination of market and a credit risk measures, it is not guaranteed to remain unchanged and may shift over time. Even the lowest risk category 1 is not a risk free investment. For more information please read the Key Information Document (KID).

SUSTAINABILITY-RELATED DISCLOSURE

Although the Fund doesn’t have a specific sustainable investment objective, it aims to support certain environmental and social characteristics which are consistent with its investment objective. Full details are provided in the Fund’s Sustainable Investing Disclosure Document, provided below.

Funds returns are shown net of fees. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. If an investor’s own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.

Source: Wellington Management.

© 2024 Morningstar, Inc. All Rights Reserved. Past performance does not predict future returns. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Overall Morningstar Rating for a fund is derived from a weighted average of the three, five, and ten year (if applicable) ratings, based on risk-adjusted return.

Investment in the funds described on this website carries a substantial degree of risk and places an investor’s capital at risk. The price and value of investments is not guaranteed and can go down as well as up. An investor may not get back the original amount invested and an investor may lose all of their investment. Investment in the funds described on this website is not suitable for all investors. If an investor is in any doubt as to the suitability of an investment in a fund, an investor should consult an independent financial advisor. The information on this website does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security including, but not limited to, shares in the funds. An investor should only invest in a fund once that investor has carefully read and understood the offering documents for the fund which contain further information on the risks and features of the fund. Unless stated otherwise data is as at previous month end.