WCM Quality Global Growth Fund Sets 5% Minimum Annual Cash Distribution Target for FY2027

Overview of WCM Investment Management’s Global Equities Platform and WCMQ Fund Goals

The WCM Quality Global Growth Fund – Active ETF (WCMQ) is an actively managed investment designed to deliver long-term capital growth by investing in quality, high-growth companies listed in developed and emerging markets worldwide. The fund targets a diversified portfolio of high conviction holdings, following a disciplined global equity selection process. AGP Investment Management Limited acts as the Responsible Entity, managing the fund’s operations and distribution policy in compliance with ASX AQUA standards and regulatory requirements.

WCM Investment Management, the fund’s investment manager, is a California-based global equities specialist with significant scale and expertise. The firm manages total assets of A$167.3 billion and maintains a strong presence in the Australian market, serving over 10,000 institutional, wholesale, and retail investors. This combination of global investment proficiency and local market insight positions the fund within a structured framework aimed at delivering consistent returns and income to Australian investors seeking international equity exposure.

FY2027 Minimum Cash Distribution Policy Targeting 5% Annualised Yield

AGP Investment Management has confirmed the continuation of the fund’s minimum cash distribution policy for the financial year ending 30 June 2027, targeting a minimum annualised cash yield of 5.0%. This target is calculated with reference to the fund’s net asset value as of 30 June 2026, including distribution accruals. The policy offers investors greater confidence and predictability regarding income generated from their investment, a crucial factor for those seeking regular cash returns from global equity exposure.

The policy permits the fund to distribute cash beyond its taxable income if necessary to meet the minimum cash distribution target. This flexibility ensures income objectives are met regardless of market fluctuations or the fund’s taxable income position. The 5.0% annualised yield commitment supports consistent income returns, facilitating investors’ cash flow needs while preserving the fund’s long-term capital growth strategy through active global equity management.

Quarterly Distribution Timeline and Payment Dates for FY2027

Cash distributions will be paid quarterly throughout FY2027, with four confirmed distribution dates. The first distribution is set for 30 September 2026, with payment on 20 October 2026. Subsequent distributions are scheduled for 31 December 2026 (payment 20 January 2027), 31 March 2027 (payment 20 April 2027), and 30 June 2027 (payment 20 July 2027). Each quarterly distribution targets 1.25% of the fund’s net asset value, equivalent to 13.4 cents per unit, aligning with the 5.0% annual minimum distribution goal.

This payment schedule offers investors regular and predictable cash flow throughout the year, matching standard quarterly investment cycles. While the minimum distribution is consistent each quarter, the June distribution may exceed the minimum to incorporate additional taxable income, including net capital gains, surpassing the 5% annual minimum. AGP Investment Management will provide further details on exact distribution amounts as they are finalized, in line with ASX AQUA requirements, through appropriate market announcements.

Distribution Reinvestment Plan (DRP) Details and Unit Issuance

The Distribution Reinvestment Plan (DRP) will remain operational for all FY2027 quarterly distributions, allowing unitholders to reinvest their distributions into additional units without incurring transaction costs. This plan is beneficial for investors aiming to compound returns and grow their holdings within the fund. Units issued under the DRP will have equal ranking with existing units from the date of issue, ensuring no differentiation between reinvested and original units.

Units issued via the DRP are priced based on the fund’s net asset value per unit at the close of the ASX Trading Day on the Record Date, providing transparent and objective pricing. Any residual amounts from DRP allotments will be applied to future allotments, ensuring efficient reinvestment of all distributions. Units acquired through the DRP are free from brokerage, commission, stamp duty, and other transaction fees, enhancing the net benefit for participating investors. Investors can enroll in the DRP by accessing the investor services portal, selecting WCMQ, and opting for full or partial participation.

Investor Access and Enrollment in the DRP Program

AGP Investment Management has simplified the DRP enrollment process, allowing investors to easily reinvest distributions. Investors can log in to the online portal at https://au.investorcentre.mpms.mufg.com/Login.aspx/Login, select "AGPL - AGP INVESTMENT MANAGEMENT LIMITED" as the issuer and WCMQ as the fund, then navigate to 'Payments & Tax' followed by 'Reinvestment Plans' to set up DRP instructions, choosing full or partial participation according to preference.

For additional assistance, investors are encouraged to consult a financial adviser before enrolling in the DRP. The DRP election form is also available on the fund’s website at www.associateglobal.com/funds/wcmq/, providing a paper-based option. The Investor Relations team can be contacted via email at [email protected] or by phone at 1300 052 054 to offer support and answer queries throughout the financial year.

Active Management Strategy for Global Equity Market Exposure

The WCM Quality Global Growth Fund employs an active management strategy to build a diversified portfolio of quality companies across developed and emerging markets worldwide. This approach is based on the belief that disciplined, high-conviction stock selection can deliver superior long-term returns compared to passive index tracking. The fund focuses on companies with sustainable competitive advantages, strong financial health, and prospects for above-average earnings growth.

Exposure to both developed and emerging markets provides geographic diversification while maintaining a quality-driven investment discipline, balancing growth potential in emerging economies with the stability of developed markets. WCM Investment Management’s California headquarters and global research capabilities support this strategy, enabling systematic identification and monitoring of investment opportunities worldwide. The fund’s primary objective is long-term capital growth, complemented by a minimum cash distribution income component.

Global Equity Market Context and Income-Focused Investment Approach

The FY2027 distribution confirmation comes amid a global equity market environment characterized by varying returns and income dynamics. Investors in international equity funds continue to weigh capital growth against income generation, especially amid changing interest rates and market valuations. The WCM Quality Global Growth Fund’s commitment to a 5.0% minimum annualised yield positions it firmly within the income-focused segment of global equities, appealing to investors seeking steady cash returns alongside growth potential.

The fund’s FY2027 distribution policy reflects management’s confidence in its ability to generate sufficient income and capital gains to support the 5.0% yield while preserving its long-term growth mandate. This framework offers income certainty while maintaining opportunities for capital appreciation through active global equity management. Actual distribution amounts will depend on market conditions, fund performance, and portfolio characteristics, with any excess June distributions communicated by AGP Investment Management through appropriate channels.

AGP Investment Management’s Regulatory Compliance and Investor Communication

AGP Investment Management Limited acts as the Responsible Entity for the WCM Quality Global Growth Fund – Active ETF, holding an Australian Financial Services Licence (AFSL 312 247) and ABN 26 123 611 978. The company complies with ASX AQUA requirements for actively managed ETFs, including transparency and disclosure standards related to distributions, valuations, and investor communications. These regulations support AGP’s commitment to providing timely and accurate information on distribution amounts and schedules, aiding investor decision-making.

This latest announcement on FY2027 distributions underscores AGP Investment Management’s dedication to transparency and investor certainty. The company maintains multiple communication channels via its website (associateglobal.com), email ([email protected]), and phone (1300 052 054), ensuring unitholders have easy access to information, can raise inquiries, and update DRP participation. AGP also commits to releasing detailed distribution information as it becomes available, fulfilling regulatory disclosure obligations and keeping investors informed throughout the financial year.