AUS
NZ
UK
CA
USA
IND
AGP Investment Management Limited has announced the distribution reinvestment plan (DRP) unit price for the WCM Quality Global Growth Fund – Active ETF (ASX:WCMQ) at $10.6443 per unit. This price applies to the distribution payable on 21 July 2026, covering the quarter ended 30 June 2026. Following the initial notice on 26 June 2026, this update provides unitholders with the definitive pricing information necessary to understand how reinvested distributions will be allocated. The DRP enables eligible unitholders to receive additional units in the Fund instead of cash, without incurring brokerage, commission, stamp duty, or other transaction fees. Unitholders who missed the June 2026 quarter deadline must register to participate in future distributions.<\/p> <\/div>
Key Points<\/h3>
- Entity: WCM Quality Global Growth Fund – Active ETF (ASX: WCM / WCMQ), managed by AGP Investment Management Limited<\/li>
- DRP unit price for quarter ending 30 June 2026 set at $10.6443<\/li>
- Distribution payment scheduled for 21 July 2026<\/li>
- June 2026 DRP participation deadline has passed; future participation requires registration via MUFG Investor Centre<\/li>
- Units issued under DRP incur no brokerage, commission, stamp duty, or transaction costs<\/li>
- Investors should monitor upcoming distribution announcements and submit DRP elections before record dates<\/li>
<\/ul>
<\/div>
Confirmed DRP Price of $10.6443 for WCMQ’s June 2026 Distribution<\/h2>
AGP Investment Management Limited, as responsible entity for the WCM Quality Global Growth Fund – Active ETF, has confirmed the DRP price at $10.6443 per unit for the quarter ending 30 June 2026. This price will be used to issue units to DRP participants for the distribution payable on 21 July 2026. This confirmation follows the initial announcement on 26 June 2026, which informed unitholders of the upcoming distribution and reinvestment option.<\/p>
The DRP price corresponds to the Fund’s net asset value (NAV) per unit at the close of ASX trading on the record date, consistent with the Fund’s DRP terms. This ensures the reinvestment price reflects the Fund’s portfolio valuation at that time, rather than the market-traded price, which may differ. The announcement did not disclose the distribution amount per unit.<\/p>
June 2026 DRP Enrollment Deadline Now Closed<\/h2>
AGP Investment Management confirmed that the deadline to elect participation in the June 2026 DRP has passed. Unitholders who did not submit their election before the deadline will receive their distribution in cash rather than additional units. No changes can be made for this distribution cycle after the deadline.<\/p>
The Fund manager encourages investors interested in future DRP participation to act before the next record date. It is recommended that investors consult a financial adviser to assess the implications of reinvesting distributions versus receiving cash, considering individual financial and tax circumstances.<\/p>
Registering for Future DRP Participation<\/h2>
Unitholders wishing to participate in future DRP distributions must register via the MUFG Investor Centre, the Fund’s unit registry provider. Investors should log in at the MUFG portal, select "AGPL - AGP INVESTMENT MANAGEMENT LIMITED" as the issuer, then choose WCMQ as the relevant fund. Within the portal, navigate to 'Payments & Tax' and then 'Reinvestment Plans'.<\/p>
To enroll, unitholders select 'Create Instructions' under WCMQ and choose either 'Full Participation' to reinvest all distributions or 'Partial Participation' to reinvest a portion and receive the remainder in cash. Any fractional units resulting from reinvestment will be carried forward for future DRP allotments.<\/p>
DRP Units Issued Without Brokerage or Transaction Fees<\/h2>
The Fund’s DRP offers a key benefit: units issued under the plan are exempt from brokerage, commission, stamp duty, and other transaction costs. This feature benefits unitholders by avoiding fees that would otherwise apply if distributions were taken as cash and then reinvested through market purchases. For long-term investors, this cost-free reinvestment supports more efficient capital growth.<\/p>
Units issued via the DRP carry the same rights as all existing units, including equal entitlement to future distributions, voting rights, and exposure to the Fund’s global quality growth equity portfolio. The announcement did not specify the number of units to be issued under the June 2026 DRP.<\/p>
NAV-Based Pricing Drives DRP Unit Allocation<\/h2>
The DRP price is determined by the Fund’s NAV per unit at the close of trading on the record date, a common approach for active ETFs and managed funds. This links the reinvestment price directly to portfolio value rather than secondary market fluctuations. The number of units allocated under the DRP equals the reinvestment amount divided by the NAV-based price of $10.6443.<\/p>
Investors should be aware that the NAV-based DRP price may differ from the market price of WCMQ units traded on the ASX around the 21 July 2026 payment date. Active ETFs can trade at premiums or discounts to NAV, so the effective cost of units acquired through the DRP may be more or less favorable than market purchases. The announcement did not comment on whether the DRP price was at a premium or discount to the market price.<\/p>
Overview of WCM Quality Global Growth Fund and Its Active ETF Structure<\/h2>
Managed by AGP Investment Management Limited (AFSL 312 247), part of Associate Global Partners, the WCM Quality Global Growth Fund – Active ETF is listed on the ASX under ticker WCMQ. It offers retail and institutional investors access to an actively managed portfolio through an exchange-traded structure. Associate Global Partners is headquartered at Level 12, 2 Chifley Square, Sydney.<\/p>
The Fund’s branding reflects the WCM investment philosophy, emphasizing quality growth companies in global markets. Unlike passive ETFs, this active ETF is managed to seek enhanced returns and distributes income quarterly. The DRP provides an option for investors to compound holdings over time. No further details on portfolio composition or performance were disclosed in this announcement.<\/p>
Investor Support and Contact Information for WCMQ Unitholders<\/h2>
Unitholders with inquiries regarding the DRP price, registration process, or upcoming distribution can contact Associate Global Partners via phone at 1300 052 054 or email [email protected]. The company encourages investors to reach out before the 21 July 2026 payment date.<\/p>
For those uncertain about DRP participation or changes to reinvestment elections, consulting a qualified financial adviser is recommended. This aligns with industry best practice, recognizing that tax and financial impacts vary by individual. The announcement was signed by Sushma Kejriwal, Company Secretary.<\/p>
What Investors Should Monitor Ahead of the 21 July 2026 Distribution<\/h2>
With the distribution payment date confirmed for 21 July 2026, unitholders who elected DRP participation will receive additional units at the $10.6443 price instead of cash. The number of new units allocated will be proportional to each unitholder’s distribution entitlement divided by this price. The total distribution amount per unit and aggregate units to be issued were not disclosed.<\/p>
Investors wishing to join the DRP for future quarters should ensure their elections are submitted via MUFG Investor Centre well before the next record date to avoid missing deadlines as occurred for the June 2026 quarter. The Fund’s next key update will be the September 2026 quarter distribution announcement, including a new DRP price and record date. Monitoring the Fund’s NAV and WCMQ market price on the ASX as the payment date approaches is also advisable.<\/p>
Confirmed DRP Price of $10.6443 for WCMQ’s June 2026 Distribution<\/h2>
AGP Investment Management Limited, as responsible entity for the WCM Quality Global Growth Fund – Active ETF, has confirmed the DRP price at $10.6443 per unit for the quarter ending 30 June 2026. This price will be used to issue units to DRP participants for the distribution payable on 21 July 2026. This confirmation follows the initial announcement on 26 June 2026, which informed unitholders of the upcoming distribution and reinvestment option.<\/p>
The DRP price corresponds to the Fund’s net asset value (NAV) per unit at the close of ASX trading on the record date, consistent with the Fund’s DRP terms. This ensures the reinvestment price reflects the Fund’s portfolio valuation at that time, rather than the market-traded price, which may differ. The announcement did not disclose the distribution amount per unit.<\/p>
June 2026 DRP Enrollment Deadline Now Closed<\/h2>
AGP Investment Management confirmed that the deadline to elect participation in the June 2026 DRP has passed. Unitholders who did not submit their election before the deadline will receive their distribution in cash rather than additional units. No changes can be made for this distribution cycle after the deadline.<\/p>
The Fund manager encourages investors interested in future DRP participation to act before the next record date. It is recommended that investors consult a financial adviser to assess the implications of reinvesting distributions versus receiving cash, considering individual financial and tax circumstances.<\/p>
Registering for Future DRP Participation<\/h2>
Unitholders wishing to participate in future DRP distributions must register via the MUFG Investor Centre, the Fund’s unit registry provider. Investors should log in at the MUFG portal, select "AGPL - AGP INVESTMENT MANAGEMENT LIMITED" as the issuer, then choose WCMQ as the relevant fund. Within the portal, navigate to 'Payments & Tax' and then 'Reinvestment Plans'.<\/p>
To enroll, unitholders select 'Create Instructions' under WCMQ and choose either 'Full Participation' to reinvest all distributions or 'Partial Participation' to reinvest a portion and receive the remainder in cash. Any fractional units resulting from reinvestment will be carried forward for future DRP allotments.<\/p>
DRP Units Issued Without Brokerage or Transaction Fees<\/h2>
The Fund’s DRP offers a key benefit: units issued under the plan are exempt from brokerage, commission, stamp duty, and other transaction costs. This feature benefits unitholders by avoiding fees that would otherwise apply if distributions were taken as cash and then reinvested through market purchases. For long-term investors, this cost-free reinvestment supports more efficient capital growth.<\/p>
Units issued via the DRP carry the same rights as all existing units, including equal entitlement to future distributions, voting rights, and exposure to the Fund’s global quality growth equity portfolio. The announcement did not specify the number of units to be issued under the June 2026 DRP.<\/p>
NAV-Based Pricing Drives DRP Unit Allocation<\/h2>
The DRP price is determined by the Fund’s NAV per unit at the close of trading on the record date, a common approach for active ETFs and managed funds. This links the reinvestment price directly to portfolio value rather than secondary market fluctuations. The number of units allocated under the DRP equals the reinvestment amount divided by the NAV-based price of $10.6443.<\/p>
Investors should be aware that the NAV-based DRP price may differ from the market price of WCMQ units traded on the ASX around the 21 July 2026 payment date. Active ETFs can trade at premiums or discounts to NAV, so the effective cost of units acquired through the DRP may be more or less favorable than market purchases. The announcement did not comment on whether the DRP price was at a premium or discount to the market price.<\/p>
Overview of WCM Quality Global Growth Fund and Its Active ETF Structure<\/h2>
Managed by AGP Investment Management Limited (AFSL 312 247), part of Associate Global Partners, the WCM Quality Global Growth Fund – Active ETF is listed on the ASX under ticker WCMQ. It offers retail and institutional investors access to an actively managed portfolio through an exchange-traded structure. Associate Global Partners is headquartered at Level 12, 2 Chifley Square, Sydney.<\/p>
The Fund’s branding reflects the WCM investment philosophy, emphasizing quality growth companies in global markets. Unlike passive ETFs, this active ETF is managed to seek enhanced returns and distributes income quarterly. The DRP provides an option for investors to compound holdings over time. No further details on portfolio composition or performance were disclosed in this announcement.<\/p>
Investor Support and Contact Information for WCMQ Unitholders<\/h2>
Unitholders with inquiries regarding the DRP price, registration process, or upcoming distribution can contact Associate Global Partners via phone at 1300 052 054 or email [email protected]. The company encourages investors to reach out before the 21 July 2026 payment date.<\/p>
For those uncertain about DRP participation or changes to reinvestment elections, consulting a qualified financial adviser is recommended. This aligns with industry best practice, recognizing that tax and financial impacts vary by individual. The announcement was signed by Sushma Kejriwal, Company Secretary.<\/p>
What Investors Should Monitor Ahead of the 21 July 2026 Distribution<\/h2>
With the distribution payment date confirmed for 21 July 2026, unitholders who elected DRP participation will receive additional units at the $10.6443 price instead of cash. The number of new units allocated will be proportional to each unitholder’s distribution entitlement divided by this price. The total distribution amount per unit and aggregate units to be issued were not disclosed.<\/p>
Investors wishing to join the DRP for future quarters should ensure their elections are submitted via MUFG Investor Centre well before the next record date to avoid missing deadlines as occurred for the June 2026 quarter. The Fund’s next key update will be the September 2026 quarter distribution announcement, including a new DRP price and record date. Monitoring the Fund’s NAV and WCMQ market price on the ASX as the payment date approaches is also advisable.<\/p>
