Long-term growth of capital
We use Wasatch’s classic fundamental, bottom-up investment analysis with increased support from our internally developed quantitative signals and tools. On the long side, we look for companies with:
All-cap orientation but bias towards small and mid-cap companies
Approximately 30-60 “long” and 0-60 “short” equity positions
In developing the Wasatch Long/Short Alpha Fund, we have applied Wasatch’s classic fundamental, bottom-up investment analysis with increased support from our internally developed quantitative signals and tools. As a result, we believe we can capture stock-specific alpha with reduced market risk.”
Returns for periods less than one year are not annualized. Data shows past performance and is not indicative of future performance. Current performance may be lower or higher than the data quoted. Investment returns and principal value will fluctuate and shares, when redeemed, may be worth more or less than their original cost. The Advisor may absorb certain expenses, leading to higher total shareholder returns. Wasatch Funds will deduct a 2% redemption fee on Fund shares held 60 days or less. Performance data does not reflect this redemption fee or taxes. Total Expense Ratio: Investor Class 3.14%. The Advisor has contractually agreed to limit certain expenses to 1.75% through at least 1/31/2024.
The hypothetical chart does not reflect the deduction of fees, sales charges, or taxes that you would pay on fund distributions or the redemption of fund shares.
Weights are calculated as a percentage of net assets including cash & cash equivalents
On October 1, 2021, we launched the Wasatch Long/Short Alpha Fund—which is…
Read More >Wasatch Global Investors announced today the launch of the Wasatch Long/Short Alpha…
Read More >Equity investing involves risks, including potential loss of the principal amount invested. Short selling incurs significant unique risks, including potentially unlimited downside risk, high short-sale related expenses, and unavailability of securities to sell short, among others, all of which could negatively impact the performance of the Fund. Additionally, the Fund may not be able to borrow the securities it intends to sell short. Being non-diversified, the Fund can invest a larger portion of its assets in the stocks of a limited number of companies than a diversified fund. Non-diversification increases the risk of loss to the Fund if the values of these securities decline. Because the Fund invests in both long and short equity positions, the Fund has overall exposure to changes in the value of securities, which far exceeds the value of the Fund’s assets. This may magnify gains and losses and increase the volatility of the Fund’s returns. Investment in the Fund will involve market risks associated with different types of investment decisions than those made for a typical “long only” fund. There is no guarantee that the use of long and short positions will succeed in limiting the Fund’s exposure to market movements, sector-swings or other risk factors. Securities in the Fund are generally added to the portfolio as long or short positions based upon security rankings provided by multi-factor quantitative models and on fundamental analysis of securities. The reliance on quantitative models entails unique risks, including the risk that a model may be limited or incorrect, that the data on which a model relies may be incorrect or incomplete and the risk that the Advisor may not be successful in selecting companies for investment or determining the weighting of particular stocks in the Fund’s portfolio. The Advisor will generally sell a security if, among other things, the rankings provided by the quantitative models decline and/or research analysis reveals a deterioration of the company fundamentals.