WCM Quality Global Growth Fund

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    exchange traded managed fund soon to be listing Aug 29 ASX :  WCMQ
    IPO opens July 11

    https://www.switzerassetmanagement....etwork&utm_medium=email&utm_campaign=wcmq-ipo

    fees 1.3% p.a  +  10% of outperformance.   

    California based global equity firm WCM Investment Management  state they have outperformed the MSCI world index over the past decade by 5% p.a.
    founded in 1976, the firm is 100% owned by its 41 employees with total assets under management $35 billion.
    The Fund provides investors with access to an actively managed portfolio of quality global companies found primarily in the high growth consumer, technology and healthcare sectors.
    why invest :
    *proven world class manager
    *unique investment process : 2 key criteria are an expanding economic moat or rising competitive advantage
    plus  a corporate culture that supports expansion of this moat
    *active all -weather portfolio
    * focused and low turnover portfolio   20 - 40 companies
    *quality global growth stocks  :   especially consumer, technology and healthcare
    *  track your investment in real time ;   NAV will be published daily.   
    being an ETMF,  there will be no discounts or premiums to NAV  unlike with LIC's.

    personally I'll be waiting for a market pullback as an entry point after listing rather than buying the IPO.

    anyone have any other thoughts on this one ?
 
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