The United Global Innovation Fund harnesses opportunities in innovation, focusing on structural trends that can drive growth and returns, independent of the global economic cycle. Many of these investment themes take time to develop and investors need to be patient with a long time horizon of up to 10 years. This will enable the Fund to gain exposure to early-stage potential growth opportunities and allow time for them to play out.
The Fund seeks to invest in companies that are developing disruptive technologies and challenging the way traditional companies operate, as well as firms capitalising on significant trends in various industries.
The Fund invests in companies that are either consistently innovative or positioned to benefit from the evolving trends in our rapidly changing world. By seeking out growth opportunities from structural changes across industries, it strives to capture performance from multiple trends in a single, diverse portfolio. We believe that innovation can drive growth independent of the global cycle and investment opportunities can be found in two distinct areas.
We look for disruptive enterprises across sectors, regions and market capitalisations. In addition, we also seek to capitalise on these significant trends that are transforming our world.
Source: Visual Capitalist, Apptopia, Moengage, 4 May 2020 | The COVID-19 Impact on App Popularity (https://www.visualcapitalist.com/covid-19-impact-on-app-popularity/) | Image from Wellington Management, 30 June 2021 | Logos online
Source: Visual Capitalist, Apptopia, Moengage, 4 May 2020 | The COVID-19 Impact on App Popularity (https://www.visual
-impact-on-app-popularity/) | Image from Wellington Management, 30 June 2021 | Logos online
Source: Wellington Management, 31 July 2021. | This is provided for illustrative purposes only and is not intended to constitute investment advice or a recommendation to buy or sell any security.
Accelerated the shift of themes – digitization, the shift to the cloud, telemedicine, fintech, and ecommerce / delivery
Source: NYC Taxi and Limousine Commission as at June 2017. Data is as of 2017 because more recent data is unavailable from this source.
While we believe results would be similar using current data, results based on 2018 statistics could be different. This is provided for illustrative purposes only and is not intended to constitute investment advice or a recommendation to buy or sell any security. The specific securities are included only as examples of disruption in technology (Uber). The securities identified are not intended to reflect the holdings of any Wellington portfolio.
Source: US Census, Wall Street Journal, Tech Crunch, Wellington Management, 30 June 2021. | Values displayed in the chart are annualized.
Disruption isn’t new, however the pace of change is accelerating