WCM Focused Emerging Mkts Ex Chn Inv (WCFEX)
| Fund Assets | 26.73M |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 2.24% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 6, 2024 |
| Previous Close | 19.30 |
| YTD Return | 34.48% |
| 1-Year Return | 29.54% |
| 5-Year Return | n/a |
| 52-Week Low | 12.51 |
| 52-Week High | 20.02 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Dec 29, 2022 |
About WCFEX
The WCM Focused Emerging Markets ex China Fund Investor Class is a mutual fund that targets long-term capital appreciation by investing principally in equity securities of companies located in emerging and frontier markets, purposefully excluding those based in China. The fund allocates at least 80% of its net assets to equities within these regions, which include a diverse range of developing economies. By omitting China, the fund provides investors with exposure to the broader emerging markets universe without the concentration risk posed by the world's second-largest economy. The fund employs a focused investment approach, selectively holding a relatively concentrated portfolio of companies considered to have durable competitive advantages and attractive growth prospects. The fund's investment strategy also considers sustainability factors, as highlighted by its independent grading on environmental and social criteria, including issues like fossil fuel exposure, deforestation risk, and investments in sectors such as military weapons and private prisons. This vehicle plays a distinctive role in diversified portfolios, serving investors seeking emerging markets growth potential with a deliberate exclusion of China-related holdings.
Performance
WCFEX had a total return of 29.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 27.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSZIX | Fidelity | Fidelity Advisor Sustainable EM Eq I | 1.26% |
| FSSGX | Fidelity | Fidelity SAI Sustainable Em Markets Eq | 0.95% |
| FSYNX | Fidelity | Fidelity Advisor Sustainable EM Eq M | 1.76% |
| FSZZX | Fidelity | Fidelity Advisor Sustainable EM Eq Z | 1.11% |
| FEMYX | Fidelity | Fidelity Series Sustainable Emerg Mkts | 0.01% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| WCMWX | Institutional Class | 1.25% |
Top 10 Holdings
44.52% of assets| Name | Symbol | Weight |
|---|---|---|
| TSMC - Taiwan Semiconductor Manufacturing Co., Ltd. | 2330.TT | 10.64% |
| Sea Limited | SE | 6.50% |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | SBSP3.BZ | 4.67% |
| SK Hynix Inc - SK Hynix, Inc. | 000660KS | 4.33% |
| Lite-On Technology Corp. | 2301.TT | 3.54% |
| Federal Bank Ltd. | FB.IN | 3.25% |
| Inter & Co, Inc. | INTR | 3.20% |
| Piraeus Financial Holdings SA - Piraeus Financial Holdings S.A. | TPEIR.GA | 2.96% |
| Coupang, Inc. | CPNG | 2.79% |
| HD Hyundai Marine Solution Co., Ltd. | 443060KS | 2.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $0.42888 | Dec 6, 2024 |
| Dec 6, 2023 | $0.00395 | Dec 6, 2023 |