{"top10Holdings":null,"top10FixedIncomeHoldings":null,"ticker":"WCMUX","tenYearReturns":[{"year":"2021","rate":"-2.21"}],"shareClasses":[{"ticker":"WCMDX","shareClass":"Institutional","isDefault":true},{"ticker":"WCMUX","shareClass":"Investor","isBakcup":true}],"shareClass":"Investor","quarterly":{"totalNetAssets":null,"nav":{"ytd":"","threeYear":"-1.02","tenYear":"","qtd":"","oneYear":"13.35","mtd":"","loc":"7.40","fiveYear":""},"msc":{"ytd":"","threeYear":"-1.02","tenYear":"","qtd":"","oneYear":"13.35","mtd":"","loc":"7.40","fiveYear":""},"endDate":"09\/30\/23"},"pid":"01t3k000007GfqVAAS","optionPortfolioStats":null,"netExpenseRatio":"1.20","monthly":{"nav":{"ytd":"2.31","threeYear":"-3.15","tenYear":"","qtd":"4.03","oneYear":"0.61","mtd":"10.03","loc":"8.21","fiveYear":""},"msc":{"ytd":"2.31","threeYear":"-3.15","tenYear":"","qtd":"4.03","oneYear":"0.61","mtd":"10.03","loc":"8.21","fiveYear":""},"endDate":"11\/30\/23"},"maxSalesCharge":"","grossExpenseRatio":"13.95","fundNumber":null,"fundName":"WCM Developing World Equity Fund","fundInceptionDate":"03\/31\/20","fundHighlights":null,"fundFamily":"","expenseCapType":"Contractual","expenseCapExpirationDate":"04\/30\/33","dividendSchedule":"Annually","distributions":null,"daily":{"totalNetAssets":"$2.01 million","thirtyDayUnsubsidizedSecYield":"","thirtyDaySecYield":"","taxEquivalentSecYield":"","rateDate":"12\/01\/23","navYtd":"3.55","navQtd":"5.29","navPercentChange":"1.21","navMtd":"1.21","navLocDaily":"","navChange":"0.15","nav5yDaily":"","nav3yDaily":"","nav1yDaily":"","nav1d":"1.21","nav10yDaily":"","nav":"12.55","mscYtd":"3.55","mscQtd":"5.29","mscMtd":"1.21","msc1d":"1.21","msc":"12.55"},"cusip":"46143U864","classInceptionDate":"03\/31\/20","cid":"01t3k000007GfqbAAC","categoryName":"Diversified Emerging Mkts","assetClasses":["ESG Investing","International Equity"],"affiliates":null,"activeShare":{"asOfDate":"09\/30\/23","activeShare":"87.36"},"management":{"WCM Investment Management":{"managers":{"1":{"name":"Pablo Echavarria, CFA®<\/sup>","title":"Portfolio Manager and Business Analyst","headshot":{"img_name":"pablo-echavarria","format":"jpg","size":"96x96","name":"Pablo Echavarria"},"description":"Pablo Echavarria is a Portfolio Manager and Business Analyst with WCM Investment Management. He joined WCM in 2018. As a member of the Investment Strategy Group, his primary responsibilities are portfolio management and equity research for our global core strategies. Pablo\u2019s experience in the investment industry includes a position as associate portfolio manager and equity research analyst at Thornburg Investment Management. Additionally, he served as global equity analyst at Turner Investments and an intern at BlackRock. Pablo holds a BA in business administration from Drexel University. He is also a CFA\u00ae<\/sup> charterholder.","managed_since_year":"2020","joined_firm":"2018","invest_career_start":"2007","full_bio_link":"\/us\/bio\/pablo-echavarria"},"2":{"name":"Rolf Kelly, CFA®<\/sup>","title":"Portfolio Manager and Business Analyst","headshot":{"img_name":"rolf-kelly","format":"jpg","size":"96x96","name":"Rolf Kelly"},"description":"Rolf Kelly is a Portfolio Manager and Business Analyst with WCM Investment Management. He joined WCM in 2018. As a member of the Investment Strategy Group, his primary responsibilities are portfolio management and equity research for our global core strategies. Rolf\u2019s experience in the investment industry includes a position as an analyst and portfolio manager at Thornburg Investment Management, where he concentrated on ESG investing. Prior to that, he worked as an analyst at NCM Capital. Rolf earned an MBA from Duke University and a BS in engineering from Colorado School of Mines, where he graduated with honors. He is also a CFA\u00ae<\/sup> charterholder.","managed_since_year":"2020","joined_firm":"2018","invest_career_start":"2005","full_bio_link":"\/us\/bio\/rolf-kelly"},"3":{"name":"Rob Quirk, CFA®<\/sup>","title":"Portfolio Manager, Business Analyst","headshot":{"img_name":"rob-quirk","format":"jpg","size":"96x96","name":"Rob Quirk"},"description":"Rob Quirk began his investment career in 2008. He joined WCM in 2018 as a Business Analyst and has served as Portfolio Manager and Business Analyst since 2021. His primary responsibilities include portfolio management and equity research for the firm\u2019s global core strategies. Since he began his investment career in 2008, Rob\u2019s experience includes a position as equity research analyst at Thornburg Investment Management. Prior to that, he also worked with Thornburg\u2019s Sales and Marketing groups.

Rob graduated from Southern Methodist University (Texas) with a BBA in finance and is a CFA\u00ae<\/sup> charterholder.","managed_since_year":"2021","joined_firm":"2018","invest_career_start":"2008","full_bio_link":"\/us\/bio\/rob-quirk"}},"title":"WCM Investment Management","logo":{"affiliate_logo":"wcm","affilaite_logo_format":"png","affiliate_logo_size":"200x80","affiliate_title":"WCM Investment Management"},"alias":"\/us\/investment-managers-and-capabilities\/wcm-investment-management","abstract":"WCM Investment Management is a global growth equity specialist that focuses on competitive advantages and culture to seek long-term excess returns and try to mitigate downside risk.","exclude_display":"No"}},"fund_id":"296","display_name":"WCM| Developing World Equity Fund","fund_family":"WCM Funds","description":"An active, predominantly large capitalization core fund built on a strong bottom-up fundamental research framework and participation from value and growth.","distribution_yield":"","distribution_yield_date":"","alias":"wcm-developing-world-equity-fund","fund_updates":{"label":"Fund Update","statements":[{"date":"09\/20\/23","statement":"Effective October 1, 2023, the Fund\u2019s expense cap will be reduced by 30 basis points for both share classes. 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    \r\n
  • As a high active share, concentrated emerging markets equity fund, primarily in the large capitalization core\/blend universe.<\/li>\r\n
  • For an investment focus based on the combination of improving economic moats and sustainable trajectory analysis.<\/li>\r\n
  • To add diversification to US or International equity holdings.<\/li>\r\n<\/ul>","investment_strategy":"
      \r\n
    • WCM\u2019s International Core Team focuses on integrating business analysis with an independently developed sustainability trajectory framework.\r\n
        \r\n
      • The goal is to construct portfolios that outperform their respective benchmarks over a market cycle while reducing risk.<\/li>\r\n<\/ul>\r\n<\/li>\r\n
      • The process begins with identifying great businesses based on strong or strengthening competitive advantages (\u201ceconomic moats\u201d) with substantial runway for organic growth.<\/li>\r\n
      • Companies experiencing positive moat trajectory that might be further enhanced by exhibiting long-term sustainable behaviors.<\/li>\r\n
      • WCM believes integrating business and sustainable trajectory analysis provides them with a more holistic picture of a quality company and to identify businesses undergoing significant ESG improvements (\u201cESG Trajectory\u201d).<\/li>\r\n
      • Managers construct concentrated portfolios of \u201cbest ideas\u201d, with diversification across countries\/currencies, industries, and sectors.<\/li>\r\n
      • Three-basket framework yields a core portfolio combining growth and value characteristics.<\/li>\r\n
      • Protecting capital is emphasized by valuation sensitivity and by focusing efforts on financially sound and free cash flow generative companies.<\/li>\r\n<\/ul>","investment_strategy_disclosure":"","list_of_risks":"ESG Investing Risk, Foreign and Emerging Market Securities Risk, Equity Securities Risk, Currency Risk, Non-Diversified Risk","risks":[{"title":"ESG Investing Risk","description":"The Fund\u2019s Environmental, Sustainable, Governance (ESG) investment approach could cause the Fund to perform differently compared to funds that do not have such an approach or compared to the market as a whole. The Fund\u2019s application of ESG-related considerations may affect the Fund\u2019s exposure to certain issuers, industries, sectors, style factors or other characteristics and may impact the relative performance of the Fund – positively or negatively – depending on the relative performance of such investments."},{"title":"Foreign and Emerging Market Securities Risk","description":"Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than US securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets."},{"title":"Equity Securities Risk","description":"Equity securities are volatile and can decline significantly in response to broad market and economic conditions."},{"title":"Currency Risk","description":"Currency exchange rates between the US dollar and foreign currencies may cause the value of the fund's investments to decline.\r\n"},{"title":"Non-Diversified Risk","description":"Non-diversified funds invest a greater portion of assets in fewer securities and therefore may be more vulnerable to adverse changes in the market. \r\n"}],"objective":"Long-term capital appreciation.","asset_classes":["Emerging Markets Equity"],"fund_disclosure":"","shareclass_disclosure":"","lock_image_path":"\/templates\/natixis\/images\/tmplicons\/lock.svg","lock_image_class":"floatright","lock_image_alt":"Financial Professional content \u2013 requires login"}