News / June 29, 2020

Wasatch Core Growth and Small Cap Growth Funds to Close to New Investors

Salt Lake City, Utah, June 29, 2020—Wasatch Global Investors announced today that effective at 4:00 p.m. EST on July 31, 2020, the Wasatch Core Growth and Small Cap Growth Funds—and related institutional strategies—will be “soft closed” to new investors. The Funds will be closed to new purchases, except purchases by new shareholders purchasing directly from Wasatch Funds, existing shareholders, and current and future clients purchasing through certain intermediaries, financial advisors and retirement plans with an established position.

“We reopened these Funds in March as market volatility and dislocations presented a special opportunity for long-term investors,” said JB Taylor, CEO of Wasatch Global Investors. “We take capacity seriously and now believe it is necessary again to close these Funds before asset growth impacts performance.”

                                    Funds to Soft Close Effective July 31, 2020                                      
Wasatch FundShare ClassesPortfolio Management
Core GrowthInvestor – WGROX

Institutional – WIGRX


JB Taylor, Lead Portfolio Manager

Paul Lambert, Portfolio Manager

Mike Valentine, Portfolio Manager

Small Cap GrowthInvestor – WAAEX

Institutional – WIAEX


JB Taylor, Lead Portfolio Manager

Ken Korngiebel, Portfolio Manager

Ryan Snow, Portfolio Manager


About Wasatch Global Investors
Wasatch Global Investors is a 100% employee-owned investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro-, small- and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch had $21.1 billion in assets under management as of May 31, 2020. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.


Mutual fund investing involves risks and loss of principal is possible.  Investing in small or micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds.  Investing in foreign securities, especially in emerging markets, entails special risks such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. The investment objective of the Funds is long-term growth of capital.

An investor should consider investment objectives, risks, charges and expenses carefully before investing.  To obtain a prospectus, containing this and other information, visit or call (800) 551-1700.  Please read it carefully before investing.

Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI).  ADI is not affiliated with Wasatch Global Investors.