Wilshire Small Company Growth Portfolio

Investment Market CapThe Wilshire Small Company Growth Portfolio focuses on the small company growth segment of the U.S. stock market. The Portfolio invests substantially all of its assets in the common stock of companies with smaller market capitalizations—which is generally less than $4 billion at the time of purchase. The Portfolio invests in companies that historically have above average earnings or sales growth and retention of earnings, often such companies have above average price to earnings ratios.

Performance1

Monthly as of 11/30/2018 1 Mo 3 Mo 6 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr 15 Yr Since Inc.2
Investment Class (DTSGX) 2.11% -11.09% -2.72% 4.35% 4.03% 11.06% 8.68% 15.26% 8.76% 10.29%
Inst’l Class (WSMGX) 2.09% -11.03% -2.64% 4.57% 4.24% 11.34% 8.96% 15.55% 9.04% 8.30%

 

Quarterly as of 9/30/2018 3Q 2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inc.2
Investment Class (DTSGX) 6.35% 15.65% 19.50% 17.51% 12.29% 12.45% 10.80%
Inst’l Class (WSMGX) 6.40% 15.84% 19.76% 17.80% 12.58% 12.74% 8.87%
Russell 2000® Growth Index 5.52% 15.76% 21.06% 17.98% 12.14% 12.65% *
*For the Investment Class, the return of the Russell 2000 Growth Index is 8.85%. For the Institutional Class, the return of the Russell 2000 Growth Index is 7.99%.

Fund Facts

Fundamental Characteristics3 as of 9/30/2018

  • Price to Earnings Ratio: 51.89
  • Price to Book Ratio: 4.26
  • Beta: 0.91
  • R-Squared: 0.94
  • Fund Assets: $70.2 Million
  • Number of Securities: 487

Portfolio Management

  • Los Angeles Capital
  • Ranger Investments
 

Fees & Minimums

  • Minimum Initial Investment: $2,500
  • Minimum Subsequent Investment: $100
  • 12b-1 Fee: 0.25%
  • Gross Expense Ratio: 1.64%
    Net Expense Ratio: 1.35%
  • Nasdaq Symbol: DTSGX
  • CUSIP: 971897301
  • Minimum Initial Investment: $250,000
  • Minimum Subsequent Investment: $100,000
  • 12b-1 Fee: None
  • Gross Expense Ratio: 1.34%
    Net Expense Ratio: 1.10%
  • Nasdaq Symbol: WSMGX
  • CUSIP: 971897707
 

3The Price to Book ratio is calculated based on the book value of each portfolio security as of the end of its issuer’s most recent fiscal year. The Price to Earnings ratio is calculated based on the latest 12 months earnings of each portfolio security. The price is as of the date of this publication (9/30/2018). Beta is a measure of the fund’s sensitivity to the benchmark index. R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

Wilshire Associates Incorporated, the Fund’s investment advisor (“Advisor”), has entered into a contractual agreement to limit expenses to 1.35% and 1.10% of average daily net assets for Investment Class Shares and Institutional Class Shares, respectively, through April 30, 2019. 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

Prospectus

Statement of Additional Information

Capital Gains

Financial Reports

4The 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 sections above.

 

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.

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

Read the prospectus carefully before you invest or send money.

Diversification may not protect against loss.

The Russell 2000 Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000 companies with higher price-to-value ratios and higher forecasted growth values. Index performance is presented for general comparative purposes. Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses. An individual cannot directly invest in any index.

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.

©2018 by Wilshire Mutual Funds, Inc., 1299 Ocean Avenue, Suite 700, Santa Monica, California, 90401-1085, USA. All rights reserved.

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