Wellington Management and DBS Bank have partnered up to distribute the Wellington US Quality Growth Fund to retail investors in Hong Kong.

The fund aims for long-term total returns above the S&P 500 index, by investing in US stocks with a combination of quality, growth, valuation upside, and capital return potential.

The fund takes a concentrated approach, with a high-conviction portfolio of 40-60 stocks managed by Wellington’s Tim Manning.

Janet Perumal, head of Asia Pacific & head of Investments, APAC, Wellington Management said: “Clients are seeking exposure to high-quality growth equities for capital appreciation and diversification benefits, given increased macro volatility and the broadening out of earnings growth in the US equity market.”

“We believe a quality equity approach is particularly attractive, as it allows for dynamic positioning to navigate changing market conditions while balancing growth and valuation expectations.”

Belinda Hsieh, head of treasures investment products and advisory, consumer banking group & wealth management at DBS Bank (Hong Kong) said: “DBS HK is committed to partnering with the world’s leading asset management companies to provide diverse investment solutions for our clients.”

“We are delighted to partner with Wellington by distributing the Wellington US Quality Growth fund. This Fund invests in market-leading US companies with attractive growth potential, allowing our clients to capture wealth growth opportunities under different market conditions.”