The micro-cap universe is big, diverse and less efficient—a great place for stock picking. Our extensive experience in this universe is critical in our search for future stars.”
Returns for periods less than one year are not annualized.
Performance is preliminary and subject to change. Past performance is not indicative of future results. Wasatch Global Investors is an independent registered investment advisor. Registration does not imply a certain level of skill or training. Wasatch claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of content contained herein. To receive a complete list and description of composites and pooled funds and/or a GIPS Composite Report, e-mail email@example.com. The U.S. Dollar is the currency used to express performance.
Net performance was calculated using actual management fees for fee-paying accounts and a model fee for non-fee paying accounts. Since March 31, 2020, performance for the Micro Cap Growth U.S. Composite contained non-fee paying proprietary assets. A model fee of 1.35% was applied to the non-fee paying assets to show the effect of how an advisory fee, compounded over a period of years, would have on returns. Actual fees will vary depending on, among other things, the applicable fee schedule and portfolio size. See Wasatch Global Investors Form ADV Part 2A for more information on fee schedules.
The Micro Cap Growth-U.S. Composite contains fully discretionary equity accounts following the Micro Cap Growth–U.S. style. The composite primarily invests in growing micro cap companies with the goal of long-term growth of capital. Income is an objective only when consistent with long-term growth of capital. The strategy prohibits investments in securities that trade on foreign exchanges. For comparison purposes the composite is measured against the Russell Microcap TR and Russell 2000 TR indices.
The Russell Microcap Growth TR Index is an unmanaged total return index measuring the performance of the microcap growth segment of the US equity market.
The Russell Microcap TR Index is an unmanaged total return index of the smallest 1,000 securities in the small cap Russell 2000 Index and the next smallest 1,000 companies based on a ranking of U.S. equities by market capitalization.
The Fund has been developed solely by Wasatch Global Investors. The Fund is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Russell Indices vest in the relevant LSE Group company which owns the Index. Russell ® is a trademark of the relevant LSE Group company and used by any other LSE Group company under license. TMX® is a trademark of TSX, Inc. and used by the LSE Group under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Wasatch Core Growth Fund or the suitability of the Index for the purpose to which it is being put by Wasatch Global Investors. Indexes are unmanaged, and investors cannot invest directly in an index.
Country weights are calculated as a percentage of total portfolio including cash & cash equivalents.