About WRAAX
Wilmington Global Alpha Equities Fund Class A is a mutual fund aiming for long-term capital growth with reduced volatility compared to broader equity markets. It primarily invests at least 80% of its assets in global equities, employing diversified and alternative investment strategies such as options-based hedging and multi-manager approaches, which can include techniques like option writing, spreads, and collars. The fund may also utilize leverage, short sales, and exposure to non-U.S. securities, including emerging markets, small-cap stocks, derivatives, and commodities. Managed by a team led by Matthew D. Glaser and Jordan Strauss, CFA, the fund seeks to balance risk and return by blending traditional equity exposure with tactical strategies to generate alpha and dampen overall portfolio volatility. Its portfolio is broadly diversified, encompassing major technology and consumer companies, with relatively low concentration in its top holdings, enhancing risk management. This fund is positioned within the equity hedged category and is suitable for investors seeking exposure to global equities paired with sophisticated risk management and alternative investment techniques.
Fund Family Wilmington Funds
Category Options Trading
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol WRAAX
Share Class Class A Shares
Index Index is not available on Lipper Database
WRAAX had a total return of 7.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.82%.
