SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Advisors today announced the reopening of the Wasatch Frontier Emerging Small Countries Fund (WAFMX / WIFMX) to new investors through third-party intermediaries, financial advisors and retirement plans. The Fund had been closed to new investors through intermediaries since May 9, 2014.
Roger Edgley, Director of International Research, said, “Wasatch is confident regarding the outlook for many of the frontier and emerging small countries where we see improving conditions. We’re seeing interesting opportunities and we believe there is capacity for additional assets in the fund. We continue to travel extensively across regions and countries and are excited about these markets and their long-term growth potential.”
Wasatch carefully monitors portfolio assets in order to protect the integrity of its investment process and the investment objective of each strategy.
About Wasatch Advisors®
Wasatch Advisors is the investment manager to Wasatch Funds, as well as to separately managed institutional and individual portfolios. Wasatch Advisors pursues a disciplined approach to investing, focused on bottom-up, fundamental analysis to develop a deep understanding of the investment potential of individual companies. In making investment decisions, the portfolio managers employ a uniquely collaborative process to leverage the knowledge and skill of the entire Wasatch Advisors research team. Wasatch Advisors is an employee-owned investment advisor founded in 1975 and headquartered in Salt Lake City, Utah. The firm had $15.2 billion in assets under management as of April 30, 2017. Wasatch Advisors, Inc. is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
RISKS AND DISCLOSURES:
Mutual-fund investing involves risks, and loss of principal is possible. Investing in small-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 frontier and emerging markets, entails special risks, such as unstable currencies, highly volatile securities markets, and political and social instability, which are described in more detail in the prospectus.
The investment objective of the Wasatch Frontier Emerging Small Countries Fund 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 www.WasatchFunds.com or call 800.551.1700. Please read the prospectus carefully before investing.
Separately managed accounts and related investment advisory services are provided by Wasatch Advisors, Inc., a federally regulated investment advisor.
© 2017 Wasatch Funds. All rights reserved. Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI). Steve Rung is a registered representative of ADI. ADI is not affiliated with Wasatch Advisors, Inc.