Wellington Management Funds (Luxembourg) - Global Select Capital Appreciation Equity Fund

The Global Select Capital Appreciation Equity Portfolio seeks to maximize capital appreciation and generate long-term total returns by principally investing either directly or indirectly, in equity and other securities with equity characteristics, including, for example, shares, preferred stock, warrants, dividend right certificates, shares of REITs constituted as Closed End Funds and depositary receipts, issued by companies worldwide. The Global Select Capital Appreciation Equity Portfolio may also invest in other securities including, for example, convertible bonds, exchange-traded funds qualifying as UCIs within the meaning of the 2002 Law, and debt securities (not exceeding 20% of the net assets of the Portfolio), and cash and cash equivalents, all as deemed by the Investment Manager to be consistent with the investment discipline.