WCM Focused International Growth Fund - Investor Class (WCMRX)

Overview

The company presents an investment focus aimed squarely at the global market, positioning itself as a fund that predominantly invests in the equity securities or depositary receipts of companies that are not only small- to mid-sized but also located outside the United States. A significant portion of its investment strategy is dedicated to those companies residing in either emerging market or frontier market countries. These countries are identified based on their economic classification as low- to middle-income by the World Bank, or they fall under the emerging markets or frontier market indices curated by Morgan Stanley Capital International (MSCI). This strategic focus reflects an acknowledgment of the potential growth opportunities found in these markets, offering a diversified investment portfolio away from the more developed economies.

Products and Services

• Equity Securities Investments

  The fund specializes in investing primarily in equity securities. These are stocks or shares that represent an ownership interest in companies. By focusing on small- to mid-capitalization companies outside of the U.S., the fund offers investors a unique opportunity to tap into the growth potential of these businesses. Equity investments typically offer higher returns compared to fixed-income investments, albeit with higher risk, making them an attractive proposition for growth-oriented investors who are comfortable with such risk levels.

• Depositary Receipts Investments

  Alongside direct equity investments, the fund also invests in depositary receipts. These financial instruments represent a company's foreign shares that are traded on a local stock exchange, providing an accessible way for investors to gain exposure to foreign equity markets without encountering the complexities often associated with direct investments in foreign stocks. This approach allows investors to diversify their portfolio geographically, mitigating the risk associated with having investments concentrated in a single country or region.

• Emerging and Frontier Market Focus

  The fund's investment strategy emphasizes companies domiciled in emerging or frontier market countries. These markets are characterized by their low-to-middle income economies and are recognized for their rapid growth potential compared to more mature markets. Investments in these regions offer the benefit of diversification, along with the potential for high returns driven by these economies' dynamic growth. However, they also come with a higher level of risk due to political, economic, and currency stability factors, making this strategy suitable for investors with a higher risk tolerance.