WAM Microcap Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Company's investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term and preserve capital. It engages in investing activities, including cash, term deposits, and equity investments. It invests more than 5.4 billion dollars in undervalued Australian and global growth companies. WAM Capital provides investors with exposure to a diversified portfolio of undervalued growth companies listed on the Australian Securities Exchange (ASX). WAM Global provides investors with exposure to a diversified portfolio of undervalued international growth companies and exposure to market mispricing opportunities. WAM Research provides investors with exposure to a diversified portfolio of undervalued growth companies, which are small-to-medium sized industrial companies listed on the ASX.