United Kingdom, Professional
Change
Why Invest
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Why the Fund
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Why global Stewardship
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Why Wellington
Why the Fund
Long-term compounding
A concentrated global equity portfolio focused on high-quality companies with the potential to sustain attractive returns.
We invest over the long-term, aligning with corporate strategy cycles, allowing businesses and their stewardship advantages to compound value rather than attempt to time markets.
Quality and stewardship combined
We believe sustainable financial strength combined with superior stewardship is an important and often overlooked source of competitive advantage. The Fund combines rigorous analysis of company fundamentals with an assessment of how management teams and boards allocate financial, human, and natural capital to protect and enhance long-term value.
Beyond market narratives
Global equity indices have become increasingly concentrated in a narrow group of companies and investment themes. Global Stewards takes a deliberately different approach, constructing a focused core portfolio of best-in-class businesses across sectors and regions. It provides investors with broader exposure to the global opportunity set and meaningful diversification from market concentration.
Why global Stewardship
Capital allocation matters
How companies deploy capital can be as important as how much capital they generate. Strong management teams invest thoughtfully in their businesses, balance reinvestment with shareholder returns, and make disciplined decisions intended to sustain attractive returns on capital over the long-term.
Active stakeholder engagement
The fund assesses how companies balance the interests of all stakeholders, including customers, employees, suppliers, shareholders, and wider society. Management of these relationships can strengthen corporate culture, protect competitive advantages, and help businesses navigate an increasingly volatile macro environment.
Built for long-term change
Technological, environmental, and geopolitical changes continually test business models. Technological, environmental, and geopolitical changes continually test business models. Companies with capable boards, adaptable management teams, strong balance sheets, and a long-term orientation often have greater opportunity to compound value over time.
Why Wellington
Focused stewardship research
Wellington's extensive global research platform provides the insights to identify the best-in-class businesses with durable competitive advantages, attractive returns, and strong stewardship characteristics. A dedicated investment scorecard helps assessing financial quality and stewardship through extensive company research, engagement with management teams and boards, and proxy analysis.
Global perspectives, better insight
The investment process is designed to look beyond short-term market noise and identify businesses capable of sustaining competitive advantages and attractive returns. The team combines its own research with insights from Wellington's global network of industry, regional, fixed income, macro, and sustainability specialists. Multiple perspectives help deepen understanding of business quality, stewardship, risks, and long-term opportunities.
Company access and engagement
Ongoing dialogue with management teams and boards is a central part of the investment process. These interactions help the portfolio managers assess capital allocation, governance, culture, and long-term decision-making beyond what can be observed through financial results alone.
Investment Example
Deere, Capital Goods
Learn more about how we believe Deere is a good steward and its competitive advantages.
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.
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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.
