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Share Class Inception Date: 01/02/2022
ISIN: LU2430703418

Multi-Asset High Income Fund

Dynamic multi-strategy fund with a diversified approach to sustainable income

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.

Morningstar Medalist Rating
As at 31/01/2025
Morningstar Rating
As at 28/02/2025
7.6980
NAV (EUR)
As at 18/03/2025
-0.0082 (-0.11%)
NAV daily change
As at 18/03/2025
44.08 M
AUM (USD)
As at 18/03/2025
Article 6
SFDR Article Classification

FUND OVERVIEW

An outcome-oriented, actively managed Fund that aims to deliver attractive regular income while seeking capital growth over time by investing across a broad array of global assets, including equities, sovereign, corporate and inflation-linked bonds. The Fund does not consider a benchmark during portfolio construction or for performance comparison purposes.

Fund Highlights
  • Looks beyond traditional income-producing assets to provide alternate diversifying sources of return
  • Access to assets that perform well across the spectrum of economic regimes to give an "all weather" profile
  • Volatility management and drawdown controls integrated into the investment process
Key Documents
KID
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    FUND TEAM

    Stephen Gorman, CFA
    Director, Tactical Asset Allocation and Portfolio Manager
    33 years industry experience
    16 years with Wellington
    Within Global Multi-Asset Strategies, Steve focuses on risk-balanced, alternative beta and diversified growth approaches.

    KEY FUND FACTS

    Fund Details
    • Base Currency
      USD
    • Fund Inception Date
      01/02/2022
    • Share Class Inception Date
      01/02/2022
    • Asset Class
      Multi-Asset
    • Domicile
      Luxembourg
    • Bloomberg
      WEMHISM LX
    • ISIN
      LU2430703418
    • SFDR Article Classification
      Article 6
    Charges & Expenses
    • Management Fee
      0.60%
    • Ongoing Charges Figure
      0.70%
    • Minimum Investment
      USD 1.00 M
    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 28/02/2025
    Created with Highcharts 9.3.3Multi-Asset High Income Fund - EUR S M4 Dist HdgFeb 22Mar 22Apr 22May 22Jun 22Jul 22Aug 22Sep 22Oct 22Nov 22Dec 22Jan 23Feb 23Mar 23Apr 23May 23Jun 23Jul 23Aug 23Sep 23Oct 23Nov 23Dec 23Jan 24Feb 24Mar 24Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25-14%-12%-10%-8%-6%-4%-2%0%2%4%

    Past performance does not predict future returns.

    Total return net of fees & expenses (%) as at 28/02/2025

    SHARE CLASSFROM
    TO
    03/24
    02/25
    03/23
    02/24
    03/22
    02/23
    03/21
    02/22
    03/20
    02/21
    03/19
    02/20
    03/18
    02/19
    03/17
    02/18
    03/16
    02/17
    03/15
    02/16
    EUR S M4 Dist Hdg
    (Total Return)
    7.06.1-7.6-0.710.52.4-3.34.06.2-

    PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS. AN INVESTMENT CAN LOSE VALUE. The inception date of the EUR S M4 Dist Hdg share class is 01/02/2022. 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 EUR S M4 Dist Hdg 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. 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. The performance figures shown in the chart prior to the launch of the Fund on 01/02/2022 are those achieved by Wellington Management Funds (Ireland) plc - Dynamic Diversified Income Fund EUR S M4 Dist Hdg which was merged into this Fund at launch.

    FUND ALLOCATIONS

    As at 31/01/2025
    Created with Highcharts 9.3.3% NET EXPOSURE10.910.98.98.94.34.33.23.22.82.82.72.72.62.61.91.91.91.93.03.0FUNDInformation TechnologyFinancialsConsumer DiscretionaryHealth CareIndustrialsCommunication ServicesEnergyMaterialsConsumer StaplesOther01020

    Totals may not add up to 100% due to rounding as well as derivative exposure. When ‘Other’ is shown, this reflects exposure to Equity Closed End Funds and additional securities that are outside of the stated categories.

    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 23/01/2025
    • 1
      Lower Risk
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
      Higher Risk
    Select a risk to learn more about it
    • Sustainability
    • Interest Rates
    • Equities
    • Small and mid-cap company
    • Capital
    • Leverage
    • Short Selling
    • Derivatives (D+E) (Mkt)
    • Emerging Markets
    • Currency
    • Hedging
    • Below Investment Grade
    • Credit

    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).

    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.