Managed funds come in all shapes and sizes and are a low-fuss way of gaining diversified exposure to a particular commodity or market, such as offshore equities.

Unusually, WCM Global Growth Limited (WQG) focuses on the idea that a healthy corporate culture is the biggest influence on a company’s ability to grow.

The fund is managed by WCM Investment Management, a California-based global equity specialist. WCM’s strategy returned 25 per cent for the year to the end of October and 19 per cent a year over more than a decade writes Tim Boreham of The Australian.

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Please note: Any performance data quoted in the above article represents past performance. Past performance is net of fees and includes the reinvestment of all dividends and income.