Overview
Established in 2016, Wellington Funds (US) LLC (WFUS) is an indirect subsidiary of Wellington
Management Group LLP (WMG), which is the parent holding company of the Wellington Management
group of companies (collectively, Wellington Management). WFUS is a Delaware limited liability
company that acts as the general partner or manager of several privately-offered pooled investment
vehicles exempt from registration under the Investment Company Act of 1940 (collectively, the
Funds). The Funds pursue a range of investment strategies. WFUS has claimed an exemption from
registration as a commodity pool operator with the Commodity Futures Trading Commission (CFTC)
under CFTC Rule 4.13(a)(3).
As the general partner or manager to the Funds, WFUS sets the investment objective, guidelines and
restrictions for the Funds. WFUS has appointed its affiliate Wellington Management Company LLP
(WMC), a Delaware limited liability partnership and indirect subsidiary of WMG, as investment
manager to provide discretionary investment management and related services to most of the Funds.
WMC is registered as an investment adviser with the Securities and
Exchange Commission (SEC) and
as a commodity trading advisor with the CFTC.
WMC delegates certain discretionary investment management and related services to these affiliates
in accordance with the terms of the relevant investment management or other agreement. Details on
these affiliates have been provided in the Appendix.
As of 31 December 2023, WFUS had approximately $4.4 billion in assets under management on a
discretionary basis.
Discussions of the Funds in this brochure, including but not limited to their investments, the strategies
used in managing the Funds, the fees and other costs associated with an investment in the Funds, and
conflicts of interest faced by WFUS and its affiliates in connection with management of the Funds, are
summaries intended only to provide required information on our business and practices to our
advisory clients. These discussions are not intended for use in evaluating an investment in a Fund.
Investors and prospective investors in a Fund should read the Fund’s confidential offering
memorandum and governing documents (“Offering Documents”) for complete information on these
matters.