Wellington Gl.Cr.Sh.Duration Fd.S Q1 H/  IE00BYWR9987  /

The Fund seeks long-term total returns. The Fund will be actively managed, investing primarily in in debt securities. The Fund will seek long-term total returns over the Bloomberg Global Aggregate Corporate 1-3 Year Index (the "Index"), via providing exposure to credit whilst keeping portfolio turnover low and mitigating against capital erosion over the long- term. The Fund's interest rate duration (sensitivity to interest rate changes) will be managed to ensure that the total average will typically be plus or minus 0.75 years of the index. The Fund will generally be diversified by country, currency, industry, sector, issuer and market cap but may hold positions that are concentrated from time to time. investment grade corporate bonds globally. It may also invest in securities issued by government, agency, supranational or corporate issuers, mortgage and other asset-backed securities. Below investment grade securities will be limited to 20% of the net assets of the Fund at the time of purchase. Derivatives may be used to hedge (manage) risk and for investment purposes (such as gaining exposure to a security). The Index serves as a reference benchmark for performance comparison and market context purposes only. 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 a market captalisation weighted index and is comprised of fixed income securities from a broad array of geographies and sectors under the corporate umbrella, with maturities between 1 and 3 years. The Fund will seek to support certain environmental characteristics by aiming to achieve net zero emissions by 2050 in alignment with the Paris Agreement, by investing a minimum of 20% of the Fund's NAV (excluding cash and cash equivalents) in companies which have established, or have committed to establish science-based targets, with this percentage increasing to a minimum of 55% by 2030, and 100% by 2040. During normal market conditions, a minimum of 20% of the Fund's net assets will be aligned to the environmental characteristics of the Fund.

The Fund seeks long-term total returns. The Fund will be actively managed, investing primarily in in debt securities. The Fund will seek long-term total returns over the Bloomberg Global Aggregate Corporate 1-3 Year Index (the "Index"), via providing exposure to credit whilst keeping portfolio turnover low and mitigating against capital erosion over the long- term. The Fund's interest rate duration (sensitivity to interest rate changes) will be managed to ensure that the total average will typically be plus or minus 0.75 years of the index. The Fund will generally be diversified by country, currency, industry, sector, issuer and market cap but may hold positions that are concentrated from time to time.