Fund Evaluator:
WCM Focused International Growth Inv (WCMRX)
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Best Performing in Foreign Large Growth Over the Last Year
| 31.7% | Saturna International Z (SIFZX) |
| 31.3% | Saturna International (SSIFX) |
| 29.5% | WCM Focused International Equity Inv (WLIVX) |
| 23.7% | American Fds EUPAC F-3 (FEUPX) |
| 23.5% | William Blair International Ldrs N (WILNX) |
Fund Details
WCM Focused International Growth Inv Overview
WCM Focused International Growth Inv (WCMRX) is an actively managed International Equity Foreign Large Growth fund. WCM Investment Management launched the fund in 2011.
The investment seeks long-term capital appreciation. The fund normally invests at least 75% of its net assets in equity securities of non-U.S. domiciled companies or depositary receipts of non-U.S. domiciled companies located in developed countries and in emerging and frontier market countries. The fund's investments in equity securities may include common stocks and depositary receipts. It generally invests in securities of companies located in different regions and in at least three different countries.
About WCM Focused International Growth Inv (WCMRX)
There are 4 members of the management team with an average tenure of 10.11 years: Paul Black (2011), Michael Trigg (2011), Sanjay Ayer (2020), Jon Tringale (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI Ex USA NR USD index with a weighting of 100%. WCM Focused International Growth Inv has 44 securities in its portfolio. The top 10 holdings constitute 44.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
WCM Focused International Growth Inv is part of the Equity global asset class and is within the International Equity fund group. WCM Focused International Growth Inv has 75.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 18.5%. There is 75.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WCM Focused International Growth Inv has 2.9% of the portfolio in cash.
Assets Under Management
The fund has $829 million in total assets, which is below the $1 billion average for the Foreign Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WCMRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WCM Focused International Growth Inv expense ratio is high compared to funds in the Foreign Large Growth category. WCM Focused International Growth Inv has an expense ratio of 1.30%, which is 26% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WCM Focused International Growth Inv has a portfolio turnover rate of 23%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Foreign Large Growth category.
Recently, in the month of June 2026, WCM Focused International Growth Inv returned 3.4%, which earned it a grade of A, as the Foreign Large Growth category had an average return of 1.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
WCM Focused International Growth Inv has a trailing yield of 0.50%, which is below the 0.95% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WCM Focused International Growth Inv Grades
Year to date, the fund has returned 15.6%, 6.1 percentage points better than the category, which translates into a grade of A. The fund has returned 11.1% over the past year (grade of C), 14.8% over the past three years (grade of B) and 5.3% per year over the past five years (grade of C) and 11.7% per year over the past 10 years (grade of A).
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WCMRX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WCMRX Return (NAV) | 3.4% | 17.1% | 11.1% | 14.8% | 5.3% | 11.7% |
| WCMRX Grade | A | B | C | B | C | A |
| +/- Category | 1.9% | 2.9% | -1.9% | 2.3% | 1.4% | 2.8% |
| Foreign Large Growth Avg | 1.5% | 14.2% | 13.0% | 12.4% | 3.9% | 8.9% |
| WCMRX Tax Cost Ratio | na | na | 1.4% | 1.4% | 1.1% | 0.7% |
WCMRX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WCMRX Return (NAV) | 15.6% | 20.6% | 6.7% | 16.3% | -29.1% | 16.7% | 32.4% | 35.0% | -7.6% | 30.9% | 0.5% |
| WCMRX Grade | A | C | B | C | D | A | A | A | A | C | B |
| +/- Category | 6.1% | 0.6% | 1.4% | -0.5% | -3.9% | 8.7% | 7.0% | 5.8% | 6.0% | -1.1% | 2.1% |
| Foreign Large Growth Avg | 9.5% | 19.9% | 5.3% | 16.7% | -25.2% | 8.1% | 25.4% | 29.2% | -13.6% | 32.0% | -1.6% |
| Risk Measures | |
| Standard Deviation: | 17.0% |
| Total Risk Index: | 1.40 - High |
| Category Risk Index: | 1.13 - High |
| Category Risk Grade: | D (80% Rank) |
| Beta: | 1.03 |
| R-Squared: | 71% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.5% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $22500 Mil |
| Fund Total Assets: | $ 829 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 23% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 15.1 years | |||
| Average Tenure: 10.1 years | |||
| Managers (Year): Black Paul (2011), Trigg Michael (2011), Ayer Sanjay (2020), Tringale Jon (2022) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 44 |
| % in Top 10 Holdings: | 44.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 75.5% |
Portfolio Allocation |
|
| Domestic Stock: | 18.5% |
| Foreign Stock: | 75.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 3.2% |
| Cash: | 2.9% |
Purchase Information
| Fund Family: | WCM Investment Management |
| Phone Number: | 888-988-9801 |
| Website: | http://www.lsthetafund.com/ |
| Status: | Closed |
| Inception Date: | August 31, 2011 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.30% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | WCM Focused International Growth Instl |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
