Wasatch Global Investors has announced the launch of the Wasatch International Value Fund. This strategy focuses on undervalued opportunities mainly in developed international markets outside the U.S. and primarily invests in companies with market caps over $5 billion. The Fund targets companies that are often overlooked or misunderstood by the broader market, aiming to capitalize on the market’s short-term behavioral biases where companies trade below their intrinsic value. It is led by a team of experienced value investors and uses quantitative screening combined with fundamental research to identify investments. The approach also considers economic and investment cycles to ensure informed decision-making across different market conditions.
David Powers, the Fund’s Lead Portfolio Manager, commented “The Wasatch International Value Fund combines both extensive bottom-up research and top-down views to construct an “all weather” value portfolio. The strategy is also managed with a strong risk-management focus to enhance risk-adjusted returns for clients.”
Wasatch expects the Fund to become available on intermediary platforms in the coming weeks, and clients interested in investing directly with Wasatch can do so immediately.
| Fund Inception Date: November 29, 2024 | ||
| Fund Name | Share Classes | Portfolio Management |
| Wasatch International Value | Investor – WAIVX Institutional – WGIVX | David Powers, CFA, CPA, CAIA, Lead Portfolio Manager Nakul Chaturvedi, Associate 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 is known for its collaborative culture, commitment to excellence, and intellectual curiosity. With decades of experience managing investments across U.S. and international markets, Wasatch had $28.4 billion in assets under management as of October 31, 2024. The firm is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
Risks
All investments are subject to market risk, including the possible loss of principal. Investments in value stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. Investing in foreign securities, especially in emerging and frontier markets, entails special risks, such as currency fluctuations, lower liquidity, and economic and political uncertainties. These and other risks are described in more detail in the prospectus. Current and future portfolio holdings are subject to risk. The investment objective of the Wasatch International Value Fund is long-term growth of capital. The Fund is new and has a limited operating history.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, containing this and other information, visit wasatchglobal.com 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.
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