- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Apr 22, 2026
- Business
- First Trust WCM Global Equity ETF (WCMG) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in global equities across the United States, developed markets, and emerging and frontier economies, applying WCM Investment Management’s quality-growth and value-oriented framework to identify undervalued opportunities relative to intrinsic value. The fund focuses on companies that the sub-advisor believes are mispriced due to market cycles, with a bottom-up research process emphasizing valuations such as price-to-earnings, price-to-book, price-to-cash flow, dividend yield, net working capital, and earnings estimate revisions, while maintaining exposure to multiple non-U.S. countries through a diversified global equity portfolio. WCMG aims to provide investors with a single vehicle to access WCM’s global quality-growth philosophy and to capture opportunities across mature and developing markets through a broad, fundamentals-driven stock selection approach.
Main products and services: actively managed global equity ETF; investment exposure to US and international equities; ADRs, GDRs, and other non-U.S. denominated securities; currency-denominated investments; index-unconstrained stock selection across multiple regions; distribution of capital growth through equity investments; ongoing portfolio management and risk monitoring; liquidity and trading on major exchanges.
Geographic operations and market focus: global reach with investments spanning United States, Europe, Asia-Pacific, Latin America, emerging and frontier markets; domiciled in the United States with listings on major U.S. exchange venues; serves international and domestic institutional and retail clients seeking diversified, active global equity exposure.
Founding and structure: launched as part of First Trust’s ETF lineup; headquarters and primary management bases in the United States; sub-advisory mandate handled by WCM Investment Management, LLC.
Subsidiaries and parent relationships: operated under the First Trust umbrella with WCM Investment Management, LLC as sub-advisor; part of the First Trust family of funds, with potential reorganizations or consolidations within the sponsor’s fund lineup as part of ongoing strategic adjustments.
Latest major changes: introduction of the fund in 2026 as First Trust completes its WCM fund reorganizations and expands the global WCM strategy into an exchange-traded vehicle; ongoing enhancements include expanded exposure to non-U.S. markets, continued partnerships between First Trust and WCM Investment Management, and potential refreshes to the portfolio to maintain alignment with intrinsic-value assessments and the firm’s undervalued-growth approach.
Industry and business segments: asset management and exchange-traded funds; global equity investing; active management; value-oriented growth strategies; cross-border securities trading and custody; fund administration and distribution services; risk management and compliance for regulated investment products.
Target markets and customers: institutional and high-net-worth investors seeking diversified, active global equity exposure; retail ETF investors accessing global value-oriented stock selection; financial professionals prioritizing transparent, U.S.-listed, actively managed international equity solutions.
Founding year and headquarters: established within the First Trust platform (2020s as part of ETF expansion); headquarters in the United States; primary listing in the U.S. equity markets.
Notes: WCMG is designed to offer global diversification with a bias toward undervalued opportunities, leveraging WCM Investment Management’s research process and disciplined valuation framework to navigate cross-border equities and currency considerations, supporting long-term capital appreciation objectives for a broad investor base. The fund’s strategy, structure, and relationships reflect ongoing emphasis on active global stock selection, risk-managed exposure to international markets, and alignment with First Trust’s ETF product strategy.