About WCMGX
First Trust WCM Focused Global Growth Fund Institutional Class is an actively managed mutual fund designed to provide long-term capital appreciation by investing primarily in equity securities of companies from around the world, including the United States. The fund follows a global large-cap growth strategy, seeking businesses with strong fundamentals such as sustained revenue and earnings growth, and identifiable prospects for future expansion. A significant portion of its portfolio is allocated to companies operating outside the U.S., typically maintaining at least 40% exposure to international equities, which allows for broad diversification across regions and industries.
Typical holdings span a variety of sectors, including communication services, consumer cyclical, industrials, technology, financial services, and healthcare, reflecting the fund's focus on innovative and resilient global enterprises. The Institutional Class shares target institutional investors, requiring a higher minimum investment and offering a competitive expense ratio relative to peers in its class. As part of First Trust's suite of global and thematic funds, this fund plays a prominent role in providing access to high-conviction growth opportunities on a worldwide basis, supporting portfolio diversification for investors with a growth-oriented mandate.
Fund Family First Trust
Category World Large-Stock Growth
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WCMGX
Share Class Institutional Class
Index MSCI AC World NR USD
WCMGX had a total return of 21.28% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.68%.
