WCM Sustainable International Fund. USD Class INV (WESGX) Exchange: NMFQS

Under normal circumstances, the Fund invests at least 75% of its net assets in equity securities of non-U.S. domiciled companies or depository receipts of non-U.S. domiciled companies located in developed countries and in emerging market and frontier market countries. Emerging market and frontier market countries are those countries with low- to middle-income economies as classified by the World Bank, or included in any of the Morgan Stanley Capital International (MSCI) emerging markets or frontier markets indices. The Fund's advisor considers a company to be located in an emerging market or frontier market country if the company has been organized under the laws of, has its principal offices in, or has its securities principally traded in, the emerging market or frontier market country, or if the company derives at least 50% of its revenues, net profits or incremental revenue growth (typically over the past five years) from, or has at least 50% of assets or production capacities in, the emerging market or frontier market country.   The Fund's investments in equity securities may include common stock and depository receipts. The Fund's investments in depository receipts may include American, European, Canadian and Global Depository Receipts ("ADRs", "EDRs", "CDRs" and "GDRs", respectively). ADRs and CDRs are receipts that represent interests in foreign securities held on deposit by U.S. and Canadian banks or trust companies, respectively. EDRs and GDRs have the same qualities as ADRs, although they may be traded in several international trading markets. The Fund will be managed pursuant to a "focused" strategy, whereby the Fund's advisor will typically invest the Fund's assets in the equity securities of a small number of issuers. Generally, the Fund will hold the equity securities of approximately 30 to 60 issuers, and the Fund may invest in securities of any market capitalization. The Fund generally invests in the securities of companies domiciled in at least three different countries. From time to time, the Fund may invest a significant portion of its assets in the securities of companies domiciled in one or a few countries or regions.   The advisor's investment process begins with bottom-up, fundamental research, integrated with an analysis of a company's environmental, social and governance ("ESG") characteristics. The advisor's bottom-up, fundamental research involves examining and ranking companies based on the following factors: (i) the company's corporate performance; (ii) the company's competitive position; (iii) the company's potential future growth; and (iv) the company's intrinsic value. Next, the Fund's advisor utilizes a proprietary, qualitative analysis in screening companies for the Fund's portfolio that satisfy its ESG criteria. Industry-specific, material ESG value drivers are identified for each company based on the internally derived criteria as well as from information sourced from corporate disclosures, specialized datasets and other publicly filed information. The advisor's strategy is focused on identification and analysis of material ESG drivers, which are the most relevant and financially important ESG aspects of the company's business model. These "driver" can have a significant short or long term impact on the company's environmental, social and governance profile. The advisor's methodology determines what it believes the impact each of the drivers has on the metrics such as revenue, profits, cash flow, returns and risks. These drivers serve as a tool to identify companies' with improving ESG characteristics (i.e., the company's "ESG Trajectory"). The advisor's approach is also informed by industry-based standards for material ESG factors established by the Sustainability Accounting Standards Board. In addition, the Fund's advisor will review company financial filings, proxy disclosures, corporate sustainability reports, Carbon Disclosure Project scores, government databases, Bloomberg ESG analytics, Institutional Shareholder Services Inc. ("ISS") reports and engage with company management as part of its screening process. The advisor's environmental assessment includes identifying companies that provide products or services that are tied to an environmental competitive advantage as compared to their peers. For example, the Fund may invest in companies offering products or services with superior energy efficiency, better management of energy, water and waste resources, or offer solutions to emissions regulations. Social assessment includes identifying companies that promote societal benefits or address societal challenges. For example, the Fund may invest in companies with good diversity practices, lower employee turnover, and solid employee safety track-records. Governance assessment includes a focus on shareholder rights, senior management compensation, board structure, and audit/accounting risk. Based on the advisor's deeper qualitative ESG assessment, the Fund's advisor selects companies that demonstrate a strong or improving ESG Trajectory and generally excludes companies with weak ESG performance. The Fund's ESG screening process is designed to exclude companies that are involved in and derive significant revenue from certain industries or product lines, including:     ● tobacco,     ● gambling,     ● civil firearms (i.e., those firearms typically available for consumer use in the United States), and     ● controversial weapons (e.g., land mines).   The Fund's ESG screening process does not exclude traditional defense contractors nor does it exclude all alcohol. The Fund's advisor does not utilize third-party ESG rankings or a scoring mechanism in the Fund's portfolio construction process.