WBIL

WBIL's mandate gives its managers a very long leash to invest in assets they deem attractive. While the actively-managed fund seeks to invest primarily in global companies of any capitalization, it may also invest in ETFs and other strategic investment opportunities. Aside from aiming to provide consistent returns, WBIL also seeks lower volatility and risk in any market condition. The fund's manager selects attractive and financially stable companies by using quantitative computer screening of fundamental metrics. Additionally, the fund's proprietary selection process follows a buy-and-sell discipline. WBIL does not cap its investments in foreign securities and up to 50% of its assets may be invested in emerging markets. The fund's manager expects a portfolio turnover rate in excess of 100% annually which, from a portfolio management perspective, makes predicting and planning for WBIL's exposure difficult.