Wilshire International Equity Fund

The Wilshire International Equity Fund1 is a multi-manager fund that combines managers investing in companies which do business primarily outside the United States and in other affiliated international companies. Wilshire has identified two internationally focused managers, each with a distinct investment style, and combined them to create a diversified, risk-managed portfolio.

Investment Market CapWilshire monitors the overall fund as well as each individual manager’s portfolio to oversee and confirm that both continue to be consistent with their specific style, risk, and performance objectives. Through Wilshire’s portfolio construction process, manager allocations within the fund are regularly reviewed and adjusted, seeking to position the fund to potentially deliver competitive risk-adjusted performance.

Investment Strategy

  • Focuses on marketable foreign equity investments. Strives to outperform the MSCI All Country World ex-U.S. Index.
  • Invests primarily in equity securities of established companies that are listed on foreign exchanges.
  • Allows managers to invest in fixed-income securities of foreign governments and companies and invest up to 35% of net assets in emerging market securities, including ETFs.

 

Performance

Monthly as of 9/30/2017 1 Mo 3 Mo 6 Mo YTD 1 Yr 3 Yr 5 Yr Since Inc.*
Investment Class (WLCTX) 1.32% 5.51% 11.90% 20.18% 16.42% 5.39% 5.94% 2.11%
Inst’l Class (WLTTX) 1.34% 5.57% 12.04% 20.43% 16.66% 5.65% 6.18% 2.37%

 

Quarterly as of 9/30/2017 3Q 2017 YTD 1 Yr 3 Yr 5 Yr Since Inc.*
Investment Class (WLCTX) 5.51% 20.18% 16.42% 5.39% 5.94% 2.11%
Inst’l Class (WLTTX) 5.57% 20.43% 16.66% 5.65% 6.18% 2.37%

*Investment class and institutional class inception date 11/16/2007.

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original costs. The performance quoted may reflect fee waivers in effect, and would have been lower in their absence.

 

Fund Facts

Portfolio Management

  • Los Angeles Capital Management
  • Cambiar Investors, LLC
  • WCM Investment Management

Fees & Minimums

  • Minimum Initial Investment: $1,000
  • Minimum Subsequent Investment: $100
  • 12b-1 Fee: 0.25%
  • Gross Expense Ratio: 1.98%
    Net Expense Ratio: 1.52%
  • Ticker: WLCTX
  • CUSIP: 971897822
  • Minimum Initial Investment: $250,000
  • Minimum Subsequent Investment: $100,000
  • 12b-1 Fee: none
  • Gross Expense Ratio: 1.31%
    Net Expense Ratio: 1.27%
  • Ticker: WLTTX
  • CUSIP: 971897814
 

Wilshire Associates Incorporated, the Fund’s investment advisor (“Advisor”), has entered into a contractual agreement to limit expenses to 1.50% and 1.25% of average daily net assets for Investment Class Shares and Institutional Class Shares, respectively, through April 30, 2018. This agreement does not include taxes, brokerage expenses, dividend expenses on short securities and extra ordinary expense. To the extent that the Fund’s expenses are less than the expense limitation, Wilshire may recoup the amount of any management fee waived/expenses reimbursed within three years after the year in which Wilshire incurred the expense if the recoupment does not exceed the existing expense limitation as well as the expense limitation that was in place at the time of the fee waiver/expense reimbursement.

 

Fund Literature» Request these files as printed copies

Summary Prospectus

Information Statement

Prospectus

Statement of Additional Information

Capital Gains

Financial Reports

Form 8937/Section 6045B Reporting

  • Form 8937 Wilshire Mutual Funds Inc. – Wilshire International Equity Fund

*The XBRL (eXtensible Business Reporting Language) files above can only be read with special viewer software. Additional information on the XBRL language and a free version of the viewer software is available on the SEC’s website at xbrl.sec.gov. Please note that the XBRL file does not include all of the information contained in the prospectus or summary prospectus. To access the full text of a prospectus or summary prospectus, click on the link for each fund in the prospectus or summary prospectus columns above.

 

1 Effective April 2, 2013, the Fund name, benchmark, principal investment strategies, and principal risks were changed. Please see the summary prospectus for further information.

There are risks involved with investing, including the possible loss of principal. In addition to the risks associated with investing, investments in smaller companies typically exhibit higher volatility. In addition to the normal risks associated with investing, international investments may involve risk or capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

You should consider the Fund’s investment objectives, risks, charges, and expenses carefully before you invest. The Fund’s prospectus, which can be obtained by calling 1-866-591-1568, contains this and other information about the fund.

Read the prospectus carefully before you invest or send money.

For more complete information on the Wilshire Mutual Funds, including fees and expenses, please call 1-866-591-1568 for a prospectus. Please read it carefully before you invest or send money.

Diversification may not protect against loss.

Distributed by Ultimus Fund Distributors, LLC. Please send questions or comments to wilfunds@wilshire.com or WILSHIRE MUTUAL FUNDS, INC., P.O. Box 219512 Kansas City, MO 64121-9512. Check the background of Ultimus Fund Distributors, LLC, on FINRA’s BrokerCheck.

©2017 by Wilshire Mutual Funds, Inc., 1299 Ocean Avenue, Suite 700, Santa Monica, California, 90401-1085, USA. All rights reserved.