Wilshire Small Company Value Portfolio Investment Class Shares

The primary objective of this fund is to achieve capital appreciation. It predominantly invests its assets in the common shares of companies characterized by smaller market capitalizations, typically falling within the range of businesses included in the Russell 2000® Value Index. The fund generally seeks out companies that exhibit attractive valuation metrics, specifically those with lower price-to-book and price-to-earnings ratios, combined with relatively high dividend yields (though it acknowledges that dividend yields for smaller companies are generally less substantial than those from larger corporations).