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Share Class Inception Date: 30/06/2014
ISIN: IE00BF2ZV373

World Bond Fund

High-quality global fixed income fund with opportunistic exposures

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.

11.6056
NAV (USD)
As at 21/02/2025
0.0093 (0.08%)
NAV daily change
As at 21/02/2025
219.66 M
AUM (USD)
As at 21/02/2025
Morningstar Rating
As at 31/01/2025

FUND OVERVIEW

Actively managed and seeks long-term total returns by investing in a range of fixed income assets, with an allocation to high-quality global sovereign debt combined with opportunistic exposure to various fixed income assets such as corporate debt, securitised debt, developed and emerging markets debt and currencies. The Fund does not consider a benchmark during portfolio construction or for performance comparison purposes.

Fund Highlights
  • A high-quality core fixed income fund with flexibility
  • Aims to deliver consistent total returns that have a low correlation to traditional fixed income and risk assets
  • Uses rigorous risk controls to help identify risks at the individual trade, strategy and aggregate portfolio level

Wellington World Bond Fund video

In this video, Fixed Income Portfolio Manager, Martin Harvey, introduces the Wellington World Bond Fund.

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    FUND TEAM

    Mark Sullivan, CFA
    Fixed Income Portfolio Manager
    25 years industry experience
    25 years with Wellington
    Mark is a member of the Global Bond team, focusing on alpha generation and overseeing the risk-management process. He works closely with the team's global strategists to understand developments in the global cycle and identify trade opportunities to generate alpha within his risk allocation.
    Martin Harvey, CFA
    Fixed Income Portfolio Manager
    18 years industry experience
    8 years with Wellington
    Martin is a member of the Global Bond team, primarily focusing on liquid fixed income markets particularly with regards to country selection and allocation.
    Marion Pelata
    14 years industry experience
    8 years with Wellington

    KEY FUND FACTS

    Fund Details
    • Base Currency
      USD
    • Fund Inception Date
      31/03/2014
    • Share Class Inception Date
      30/06/2014
    • Asset Class
      Fixed Income
    • Domicile
      Ireland
    • Bloomberg
      WEPBWDU ID
    • ISIN
      IE00BF2ZV373
    • SFDR Article Classification
      Article 8
    Charges & Expenses
    • Management Fee
      0.40%
    • Ongoing Charges Figure
      1.10%
    • Minimum Investment
      USD 5.00 K
    The Fund is authorised and regulated as a UCITS scheme by the Central Bank of Ireland. 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 31/01/2025
    Created with Highcharts 9.3.3World Bond Fund - USD D AccSep 14Dec 14Mar 15Jun 15Sep 15Dec 15Mar 16Jun 16Sep 16Dec 16Mar 17Jun 17Sep 17Dec 17Mar 18Jun 18Sep 18Dec 18Mar 19Jun 19Sep 19Dec 19Mar 20Jun 20Sep 20Dec 20Mar 21Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24-5%0%5%10%15%20%

    Total return net of fees & expenses (%) as at 31/01/2025

    SHARE CLASSFROM
    TO
    02/24
    01/25
    02/23
    01/24
    02/22
    01/23
    02/21
    01/22
    02/20
    01/21
    02/19
    01/20
    02/18
    01/19
    02/17
    01/18
    02/16
    01/17
    02/15
    01/16
    USD D Acc
    (Total Return)
    4.01.6-1.2-1.91.62.93.82.21.7-0.8

    PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS. AN INVESTMENT CAN LOSE VALUE. The inception date of the USD D Acc share class is 30/06/2014. 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. 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.

    FUND ALLOCATIONS

    Allocations are currently not available for this fund. Please check the factsheet in the literature section which should contain this information.

    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.
    Synthetic Risk and Reward Indicator (SRRI)
    As at 31/01/2025
    • 1
      Lower Risk
    • 2
    • 3
    • 4
    • 5
    • 6
    • 7
      Higher Risk
    Select a risk to learn more about it
    • Hedging
    • Credit
    • Below Investment Grade
    • Currency
    • Leverage
    • Sustainability
    • Short Selling
    • Emerging Markets
    • Derivatives (D+E) (Mkt)
    • Interest Rates
    • Manager
    • Capital

    The risk category shown is based on previous share class volatility, 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 Investor Information Document (KIID)/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.