WCMTX — WCM International Long-Term Growth Fund

WCMTX Fund Overview

WCMTX — WCM International Long-Term Growth Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as Europe Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Investment Managers Series Trust
• Category: Europe Real Estate
• Assets under management: $2.88M
• 1-year return: -48.5%
• Ticker: WCMTX
• SEC CIK: 0001318342
• SEC series ID: S000071191
• Share class ID: C000225978

WCMTX Investment Objective and Strategy

WCM International Long-Term Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.

Investment objective

The investment objective of the WCM International Long-Term Growth Fund (the Fund) is long-term capital appreciation.

Principal investment strategy

Under normal circumstances, the Fund invests at least 75% of its net assets in equity securities or depository receipts of non-U.S. domiciled companies. The Funds investments may include equity securities of non-U.S. domiciled companies located in developed countries and in emerging market and frontier market countries. Emerging market and frontier market countries are those countries with low- to middle-income economies as classified by the World Bank, or included in any of the Morgan Stanley Capital International (MSCI) emerging markets or frontier markets indices. The Funds advisor considers a company to be located in an emerging market or frontier market country if the company has been organized under the laws of, has its principal offices in, or has its securities principally traded in, the emerging market or frontier market country, or if the company derives at least 50% of its revenues, net profits or incremental revenue growth (typically over the past five years) from, or has at least 50% of assets or production capacities in, the emerging market or frontier market country.

The Funds investments in equity securities may include common stock and depository receipts. The Funds investments in depository receipts may include American, European, Canadian and Global Depository Receipts (ADRs, EDRs, CDRs and GDRs, respectively). ADRs and CDRs are receipts that represent interests in foreign securities held on deposit by U.S. and Canadian banks or trust companies, respectively. EDRs and GDRs have the same qualities as ADRs, although they may be traded in several international trading markets. The Fund may also invest in real estate investment trusts (REITs). The Fund may also use participation certificates issued by foreign banks or brokers evidencing ownership of underlying stock issued by a foreign company. Participation certificates are used by foreign investors to access local markets and to gain exposure to, primarily, equity securities of issuers listed on a local exchange.

For purposes of the Funds 75% policy described above, participation certificates are classified according to their underlying or referenced security. The Funds advisor uses a bottom-up approach that seeks to identify companies believed to have above-average potential for growth in the rate of return on invested capital and assets. The advisors investment process seeks companies that are industry leaders with sustainable competitive advantages; corporate cultures emphasizing strong, quality and experienced management; low or no debt; and attractive relative valuations. In selecting securities, the Funds advisor also considers other factors including, among others, political risk, monetary policy risk, and regulatory risk. Although the Fund may invest in companies of any size, it generally invests in large-capitalization, established, multinational companies.

The Funds advisor considers large-capitalization companies to be those with market capitalizations of $5 billion or greater at the time of investment. Under normal market conditions, the Fund invests in the securities of companies located in different countries and in at least three different countries. However, from time to time, the Fund may have a significant portion of its assets invested in the securities of companies in one or a few countries or regions. The Fund generally invests in companies in any sector; however, from time to time the Fund may invest a significant portion of its assets in the securities of companies in one or more sectors.

WCMTX Performance

Total returns for WCMTX (as of 2026-10-01), from SEC filings.

WCMTX Risk Information

Risk metrics for WCMTX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 27.7%

WCMTX Costs and Fees

WCMTX costs about $125 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.25%
• Gross expense ratio: 20.92%
• Portfolio turnover: 85%
• Brokerage commissions: 23.41 bps of average net assets (SEC N-CEN)

WCMTX Cashflows

Over the 12 months to 2022-10, WCM International Long-Term Growth Fund had net inflows of $5.54M, from monthly SEC N-PORT filings.

WCMTX Debt Constituents

No individual debt constituents are reported in WCM International Long-Term Growth Fund's latest SEC N-PORT filing.

WCMTX Prospectus and SEC Filings

Official WCM International Long-Term Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-08-27
• Prospectus (485BPOS) — filed 2021-03-04
• Prospectus supplement (497) — filed 2022-09-06
• Portfolio holdings (N-PORT) — filed 2022-12-23
• Portfolio holdings (N-PORT) — filed 2022-09-27
• Portfolio holdings (N-PORT) — filed 2022-06-27
• Annual census (N-CEN) — filed 2022-07-13

Related Funds

Other Europe Real Estate funds tracked on ABC INVEST:

• Orinda Income Opportunities Fund (OIOAX)
• OShares FTSE Europe Quality Dividend ETF (OEUR)
• Goldman Sachs Data Enhanced International Equity ETF (GIEQ)
• FT Vest Nasdaq-100 Dual Directional Buffer ETF - December (DQDE)
• FT Vest Nasdaq-100 Dual Directional Buffer ETF - March (DQMR)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.