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We Work to Perform for You.

Our differentiated approach is designed to meet your needs.

The Commonwealth Funds Story

The Commonwealth International Series Trust was created in 2000 to house the Japan Fund and Australia/New Zealand Fund, previously part of the Capstone International Series Trust. Over the course of the past three decades, the Trust grew to five mutual funds: Africa Fund, Australia/New Zealand Fund, Global Fund, Japan Fund, and Real Estate Securities Fund.

We have developed a team of investment professionals and financial advisors to manage all of the Funds with integrity and professionalism, to pursue optimal performance. The assessment and analysis of economies, markets, sectors and securities allow management to define clear objectives and investment strategies for each Fund.

Our commitment to our goal of helping our customers achieve financial success and informing them about investing internationally is woven through all we do. We strive to engage our clients and educate them on the investment opportunities that lie ahead, so their future goals and dreams are realized and they can bring it home.

Our Evolution

The Commonwealth International Series Trust Timeline

  • 1989


    Established Capstone Nikko Tilt Japan Fund, now known as Commonwealth Japan Fund; Current Advisor began managing in 1997

  • 1991


    Established Capstone New Zealand Fund, now known as Commonwealth Australia/New Zealand Fund

  • 2000


    Commonwealth International Series Trust was formed and the Australia/New Zealand fund and Japan fund became part of Commonwealth International Series Trust

  • 2002


    Established Global Fund

  • 2003


    Established Real Estate Securities Fund

  • 2011


    Established Africa Fund

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The Commonwealth Funds are distributed by Ultimus Fund Distributors, LLC. The Commonwealth Funds investment advisor is FCA Corp, a U.S. Registered Investment Advisor and Financial Planning firm established in 1975.

You should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. For a prospectus that contains this and other information about the Fund, call 888.345.1898 or visit our website at Please read the prospectus carefully before investing. The Commonwealth Funds are distributed by Ultimus Fund Distributors, LLC.

Investing involves risk, including loss of principal. Investments in international markets present special risks, including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation, and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investments in emerging markets. There is no guarantee that this, or any, investing strategy will achieve its objectives. Diversification does not ensure a profit or guarantee against loss.