EN DE
Contact Us
FairHorizon Orange
O12-A

Wellington Global Quality Growth Fund

Global developed and emerging market large cap-biased growth-focused equities. Active bottom-up focused strategy with top-down macroeconomic overlay.

Das Family Office logo Download PDF

About the Fund

Data as of

Wellington Management is a Boston-based private and independent investment management firm incorporated in 1933, and now manages over US$1tn of assets globally. Wellington advocates a research-driven approach, long-term thinking, and collaborative team-based investment.

The Wellington Global Quality Growth Fund is an actively managed fund seeking long-term total returns in excess of the MSCI ACWI Index, by investing in equities primarily in global developed markets and up to 30% in emerging markets, with no market cap and currency constraints. The fund mainly adopts a bottom-up investment approach with a top-down macroeconomic overlay. Top-down process uses Wellington’s proprietary Global Cycle Index to assess the state of the global economic cycle to tailer the fund’s positioning accordingly. Bottom-up stock selection process is based on 4 drivers - quality, growth, total capital return, and valuation upside - to assess the relative attractiveness of companies. Stocks are also evaluated on free cash flow-based quality and earning revisions to avoid stocks with deteriorating fundamentals. ESG evaluation is integrated throughout the investment process. The fund has a portfolio of >65 holdings.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
2 - 4% p.a.
Expected volatility
3 - 5% p.a.

Building Block Returns

Wellington Global Quality Growth Fund

Ann. return (3-year):
19.92%
Ann. return (5-year):
8.32%
Ann. return (10-year):
13.09%
Ann. Standard Deviation (5-year):
15.00%

This fund represents active exposure to global developed and emerging markets large cap-biased growth-focused equities.

Benchmark Returns

SPDR MSCI All Country World UCITS ETF

Ann. return (3-year):
19.93%
Ann. return (5-year):
10.65%
Ann. return (10-year):
12.24%
Ann. Standard Deviation (5-year):
14.33%
Link to the Funds FairSheet

FairHorizon Benchmark Returns

Dimensional Funds PLC - World Allocation 80/20 Fund

Ann. return (3-year):
15.12%
Ann. return (5-year):
7.92%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
12.44%
Link to the Funds FairSheet

The Dimensional World Allocation 80/20 Fund is our FAIRHORIZON Orange reference benchmark solution that has 80% global developed equities and 20% global investment grade short-to-medium maturity bonds for global defensive equity-like returns and volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET™  Wellington Global Quality Growth Fund  Page 1/2

Why we prefer this fund

Relevance of strategy

This fund represents active exposure to global developed and emerging markets large cap-biased growth-focused equities.

Differentiated portfolio

The fund adopts a multi-driver bottom-up stock selection process, overlay with top-down macroeconomic views.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-31.74%
Recovery Period
541 Days

Diversification

Top 10 Holdings

  • NVIDIA Corp5.43%
  • Alphabet Inc Class C Common Sh4.59%
  • Taiwan Semiconductor Manufactu3.37%
  • Microsoft Corp3.20%
  • Amazon.com Inc2.68%
  • Broadcom Inc2.31%
  • Welltower Inc2.12%
  • Eli Lilly & Co1.93%
  • Jabil Inc1.93%
  • Cia de Saneamento Basico do Es1.87%

Sectors

  • Technology25.39%
  • Financials13.77%
  • Health Care13.66%
  • Communications12.31%
  • Industrials11.51%
  • Consumer Discretionary7.69%
  • Real Estate5.28%
  • Materials4.36%
  • Utilities1.87%
  • Cash1.54%
  • Consumer Staples1.47%
  • Others1.15%

Geography

  • U.S.A.54.03%
  • Japan6.25%
  • Netherlands4.90%
  • United Kingdom4.09%
  • Taiwan3.37%
  • China2.44%
  • India2.40%
  • Sweden2.38%
  • Brazil2.31%
  • Belgium2.28%
  • Switzerland2.11%
  • Others13.44%