I hold this ETMF.
WCM are a Californian mob with an excellent track record and I like their investment style : quality companies with earnings growth in the consumer, healthcare and technology sectors with strong moats and a corporate culture of increasing their economic moats.
their offshore fund has returned 18% p.a over the past decade and since inception in 2008 outperformed the MSCI World by 6% p.a.
not sure if it's true, but have heard that WCM stands for " Why Culture Matters ".
Switzer Asset management do not run this fund but are merely the "Responsible Entity", ie back end support, distribution and compliance.
It's relatively concentrated holding only 20 - 40 stocks and is unhedged so currency has a big effect.
management fees are on the heft side at 1.25% p.a but the performance fee is only 10% ( some managers charge 20% )
- Forums
- Strategic Investments
- Global exposure via ETF
I hold this ETMF.WCM are a Californian mob with an excellent...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)