Fund Evaluator:

Wilshire International Equity Invmt Overview

Wilshire International Equity Invmt (WLCTX) is an actively managed International Equity Foreign Large Blend fund. Wilshire Mutual Funds launched the fund in 2007.

The investment seeks capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities. It invests in companies organized outside of the United States. The fund primarily invests in equity securities of established companies that the subadvisers believe have favorable characteristics and that are listed on foreign exchanges.

About Wilshire International Equity Invmt (WLCTX)

There are 28 members of the management team with an average tenure of 6.59 years: Paul Black (2013), Alex Lai (2019), Allison Fisch (2018), Kurt Livermore (2023), Peter Kashanek (2020), Taras Ivanenko (2019), Caroline Cai (2018), Ciprian Marin (2020), Michael Trigg (2013), Daniel Allen (2014), Nathan Palmer (2020), Daniel Arche (2021), Josh Emanuel (2020), Sanjay Ayer (2020), Sean Banai (2020), Rakesh Bordia (2023), Suehyun Kim (2020), Anthony Wicklund (2020), Anuranjan Sharma (2026), Jon Tringale (2023), Raj Jadav, CFA (2024), Vinay Viralam (2026), Thomas Stevens (2014), John P. Goetz (2018), Craig Scholl (2020), Susanne Willumsen (2019), Hal Reynolds (2014), Paul Moghtader (2019). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI Ex USA IMI NR USD index with a weighting of 100%. Wilshire International Equity Invmt has 1085 securities in its portfolio. The top 10 holdings constitute 31.0% 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.

Wilshire International Equity Invmt is part of the Equity global asset class and is within the International Equity fund group. Wilshire International Equity Invmt has 78.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 5.1%. There is 77.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 9.2% (8.2% domestic bond, 1.0% foreign bond and 0.0% convertible bond). Wilshire International Equity Invmt has -9.2% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $2 billion average for the Foreign Large Blend 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.

WLCTX 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 Wilshire International Equity Invmt expense ratio is high compared to funds in the Foreign Large Blend category. Wilshire International Equity Invmt has an expense ratio of 1.50%, which is 60% higher than its category average, making the fund expense ratio grade a F. 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. Wilshire International Equity Invmt has a portfolio turnover rate of 54%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 61% for the Foreign Large Blend category.

Recently, in the month of June 2026, Wilshire International Equity Invmt returned -0.6%, which earned it a grade of F, as the Foreign Large Blend category had an average return of 0.5%. 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.

Wilshire International Equity Invmt has a trailing yield of 2.27%, which is above the 2.19% 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.

Wilshire International Equity Invmt Grades

Year to date, the fund has returned 13.7%, 2.8 percentage points better than the category, which translates into a grade of B. The fund has returned 24.8% over the past year (grade of B), 19.3% over the past three years (grade of A) and 9.0% per year over the past five years (grade of B) and 10.7% per year over the past 10 years (grade of A).

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