Wasatch Global Investors closed Wasatch Core Growth and Wasatch Small Cap Growth to most new investors on July 31, 2020. The firm had reopened both funds only four months earlier amid market volatility, but the quick return to closure shows that Wasatch remains careful about capacity. Both funds retain their Morningstar Analyst Ratings of Gold.
Wasatch Small Cap Growth Investor WAAEX
NAV / 1-Day Return
61.55
/
0.34
%
Total Assets
3.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.160%
Expense Ratio
1.160%
Fee Level
Average
Longest Manager Tenure
8.20
years
Category
Small Growth
Investment Style
Small GrowthMin. Initial Investment
2,000
Status
Limited
TTM Yield
0.00%
Turnover
37%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will WAAEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WAAEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the WAAEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of WAAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Wasatch Global Investors Closes Two Funds After Brief Open Period; Ratings Unchanged
