AGP Investment Management forecasts a strong unfranked distribution for the WCM Quality Global Growth Fund – Active ETF, following a stellar 30.22% return year-to-date that outpaces its benchmark by over 14%.
- Estimated unfranked distribution of $1.713591 per unit for FY2025
- Year-to-date portfolio return of 30.22%, beating benchmark by 14.18%
- Compound annual return of 15.95% since fund inception in 2018
- Distribution Reinvestment Plan (DRP) available for unitholders
- Final distribution details to be confirmed by 9 July 2025
Strong Performance Drives Generous Distribution
AGP Investment Management Limited, the responsible entity for the WCM Quality Global Growth Fund – Active ETF (WCMQ), has announced an estimated distribution of $1.713591 per unit for the financial year ending 30 June 2025. This distribution is expected to be unfranked, reflecting the fund’s underlying income characteristics.
WCMQ’s portfolio has delivered an impressive 30.22% return year-to-date, significantly outperforming the MSCI All Country World (ex-Australia) Index benchmark by 14.18%. This strong performance underscores the fund’s effective active management approach and its focus on quality global growth stocks.
Consistent Long-Term Growth
Since its inception in August 2018, the fund has compounded at an annual rate of 15.95%, outpacing its benchmark by 3.64%. This performance aligns closely with the longer-established WCM Quality Global Growth Strategy Composite, which has returned 14.73% per annum since 2008. An initial investment of $10,000 in 2018 would have grown to approximately $27,147 by May 2025, illustrating the fund’s capacity to generate sustained growth over time.
Distribution Reinvestment Plan Encourages Continued Investment
AGP is encouraging unitholders to consider the Distribution Reinvestment Plan (DRP), which allows investors to reinvest their distributions into additional units without incurring brokerage or transaction costs. This option supports compounding returns and helps investors maintain full exposure to the fund’s growth potential. Unitholders must elect to participate by 5, 00pm AEST on 3 July 2025 to take advantage of the DRP for the upcoming distribution.
Upcoming Timetable and Final Distribution Confirmation
The distribution timetable includes a record date of 2 July 2025, with payment and DRP unit issuance scheduled for 21 July 2025. AGP will announce the final distribution amount on or before 9 July 2025, noting that the actual figure may vary from the estimate due to portfolio changes and market movements between the announcement and payment dates.
Overall, the announcement highlights the fund’s robust performance and attractive income potential, reinforcing its appeal to investors seeking global growth exposure with a steady distribution stream.
Bottom Line?
With strong returns and a generous distribution forecast, WCMQ remains a compelling option, but investors should watch for the final payout confirmation.
Questions in the middle?
- Will the final distribution per unit align closely with the current estimate?
- How will market volatility in the coming weeks affect portfolio returns and distributions?
- What is the anticipated uptake rate of the Distribution Reinvestment Plan among unitholders?