If the profile is set properly in the OS, yes
To all who responded to my enquiry, many thanks.
This calms my fears. I shall continue to perform my calibration & profile construction as in the past using DisplayCal. Thus far the results have been quite satisfactory in allowing me to produce prints which conform closely to what I see on my monitor.
Thanks for the link to the nine degrees site. I have perused that site before. At this stage I have no desire to get deeper into the weeds of color management than needed for my immediate needs. However I must admit to a curiosity about whether my chosen method results in altering just the monitor, or just the video card LUT, or both.
I may return later to elaborate my workflow if any are interested.