Which Wasatch Funds are closed?
Wasatch soft closed its $3.7bn Wasatch Core Growth fund and $3.4bn Wasatch Small Cap Growth fund to most new investors on July 31, 2020. Three other Wasatch funds are currently soft closed: The $776.2m Wasatch International Opportunities fund, the $1.6bn Wasatch Micro Cap fund, and the $3bn Wasatch Ultra Growth fund.
What is Wasatch Investment Network?
Wasatch Advisors, registered in 1975, serves 51 state(s) with a licensed staff of 36 advisors. Wasatch Advisors manages $32.2 billion and provides investment advisory services for 199 clients (1:6 advisor/client ratio).
Is Wmicx closed to new investors?
Wasatch Global Investors announced today that effective at 4:00 p.m. ET on January 29, 2021, the Wasatch Micro Cap Fund—and related institutional strategy—will be “soft closed” to new investors.
Is Wamcx open to new investors?
The Fund 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.
Is Wmicx a good investment?
WMICX has generated a positive alpha over the past five years of 7.38, demonstrating that managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns. Costs are increasingly important for mutual fund investing, and particularly as competition heats up in this market.
Is Wamcx closed to new investors?
The Fund 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.
Is Waaex open to new investors?
The mutual fund is closed to most new investors except those buying directly from Wasatch or through existing client relationships.