Wasatch Expands Mandate with Superannuation Fund

SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Advisors, Inc., trading as Wasatch Global Investors, a leader in managing small- and mid-cap equities, announced today it has been awarded a sizable investment mandate by an existing client - one of Australia’s largest corporate superannuation funds. The new allocation is split between the Wasatch Micro Cap Growth-U.S. Strategy and Wasatch Global Select Strategy. This is the first institutional mandate for Wasatch’s Global Select Strategy, an all-cap equity portfolio.

“We are thrilled to be expanding our relationship with a valued superannuation client,” said Amelia Kennedy, Vice President of Institutional Business Development for the Asia-Pacific Region at Wasatch. “We are honored by the trust and conviction they have in our approach and to serve as their largest active global equity manager.”

Wasatch has significantly increased its global client base in recent years, most notably in Australia with AUD $1.085 billion in managed assets. The firm’s roots are in U.S. small-cap investing, but its process has proven successful in finding quality companies of all sizes worldwide. In addition to global and regional small-cap strategies, Wasatch also offers concentrated, high-conviction all-cap portfolios like Global Select. Today, ~75% or AUD $814 million in Australian investor assets under management are invested in dedicated global and non-U.S. strategies.

Wasatch Composite Performance (AUD$) to 30-Sep-20
Strategy / Benchmark	Inception	3 month	Year to Date	1 year	3 years	5 years	10 years	Since inception
Global Small Cap Composite (Gross)	1-Dec-08	7.29%	10.90%	17.49%	19.74%	16.00%	16.92%	17.21%
Global Small Cap Composite (Net)		7.10%	10.17%	16.45%	18.40%	14.66%	15.39%	15.56%
MSCI AC World Small Cap Index		3.67%	-7.76%	-2.87%	5.10%	7.19%	11.18%	11.09%
Global Select Composite (Gross)	1-Jan-17	5.74%	14.07%	17.15%	20.95%	N/A	N/A	19.41%
Global Select Composite (Net)		5.52%	13.36%	16.27%	20.65%	N/A	N/A	19.17%
MSCI All Country World Index		3.87%	-0.58%	3.93%	10.40%	N/A	N/A	10.54%
Strategy / Benchmark	Inception	3 month	Year to Date	1 year	3 years	5 years	10 years	Since inception
Micro Cap Growth-U.S. Composite (Gross)	30-Jun-95	7.61%	22.12%	35.50%	30.46%	24.23%	22.29%	N/A*
Micro Cap Growth - U.S. Composite (Net)		7.36%	21.19%	34.03%	28.78%	22.61%	20.65%	N/A*
Russell Microcap Index		-0.40%	-9.71%	-1.72%	2.97%	6.29%	12.84%	N/A**

*Wasatch does not have AUD rates back to inception
**The Micro Cap Growth - U.S. Composite predates the benchmark inception

Performance is preliminary. 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®). To receive a complete list of descriptions of Wasatch composites and/or a GIPS-compliant presentation, email inforequest@wasatch global.com. The Australian dollar is the currency used to express performance.

The Global Select Composite contains fully discretionary equity accounts following the Global Select style. The composite primarily invests in equity securities of all market capitalizations in both domestic and foreign markets, including emerging markets, with the goal of longterm growth of capital. For comparison purposes the composite is measured against the MSCI AC World index.

The Global Small Cap Composite contains fully discretionary equity accounts following the Global Small Cap style. The composite primarily invests in small and micro cap companies in both domestic and foreign markets with the goal of long-term growth of capital. Typically, portfolios within the composite invest in smaller companies but may also invest in larger companies where the appropriate criteria is met. For comparison purposes the composite is measured against the MSCI AC World Small Cap index.

The Micro Cap Growth – U.S. Composite contains fully discretionary equity accounts following the Micro Cap Growth 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 and Russell 2000 indices.

The Russell Microcap® 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.

All rights in the Russell indexes vest in the relevant London Stock Exchange Group plc (collectively, the “LSE Group”), which owns these indexes. Russell® is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license. These indexes are 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 these indexes or (b) investment in or operation of the Fund or Separate Account. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Fund or Separate Account or the suitability of these indexes for the purpose to which they are being put by Wasatch Global Investors.

The MSCI AC (All Country) World Index is a free float-adjusted market capitalization index designed to measure the equity market performance of mid-cap and large-cap securities across 23 developed-market and 26 emerging-market countries.

The MSCI AC (All Country) World Small Cap Index is an unmanaged index and includes reinvestment of all dividends of issuers located in countries throughout the world representing developed and emerging markets. This index is a free float-adjusted market capitalization index designed to measure the performance of small capitalization securities.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indexes or financial products.

You cannot invest directly in any index.

Wasatch Advisors, Inc., trading as Wasatch Global Investors, ARBN 605 031 909 is regulated by the U.S. Securities and Exchange Commission under U.S. laws which differ from Australian laws. Wasatch Advisors, Inc. is exempt from the requirement to hold an Australian financial services license in accordance with class order 03/1100 in respect of the provision of financial services to wholesale clients in Australia.