Wellington Japan Dynamic Equity Fund - S USD ACC Fonds

The Fund seeks long-term total returns in excess of the TOPIX Total Return Index (the 'Index'), primarily though investment in equity and equity-related securities of companies listed in Japan. The investment manager uses fundamental bottom-up analysis that focuses on companies that exhibit value creation, downside mitigation and value realization qualities. The Fund is generally unconstrained by market capitalisation and sector, providing flexibility to invest across the full spectrum of company sizes. While the portfolio may include holdings from small-, mid-, and large-cap companies, allocations will vary based on the Investment Manager's assessment of relative opportunities. The Fund will be concentrated in a small number of individual companies and should be expected to have moderate-to-high turnover. The Index serves as a reference benchmark for performance comparison and baseline WACI purposes. Whilst Fund securities may be components of the Index, the Index is not considered during portfolio construction, and the Investment Manager will not manage the extent to which Fund securities differ from the Index. The Index is designed to measure performance of the Japanese equity market.