Wasatch Frontier Emerging Small Countries FundTM (WAFMX) 

Current Share Price as of 11/30/15
(NAV): $2.71Daily Change: $-0.03-1.09%

Average Annual Total Returns

as of 10/31/15
Frontier Emerging Small Countries Fund0.72%-5.42%-10.00%-12.69%5.09%N/AN/A9.94%
MSCI Frontier Emerging Markets Index3.66%-6.23%-13.01%-19.43%0.58%N/AN/A3.12%
MSCI Frontier Markets Index3.66%-4.50%-10.22%-17.78%7.81%N/AN/A7.52%
Expense Ratio: Gross 2.24% / Net 2.24%
The Advisor has contractually agreed
to limit expenses to 2.25% through
at least 1/31/2016.

Data shows past performance, which is not indicative of future performance. Current performance may be lower or higher than the data quoted. To obtain the most recent month-end performance data available, please click on the “Performance” tab of the individual fund under the “Our Funds” section. The Advisor may absorb certain Fund expenses, without which total return would have been lower. Investment returns and principal value will fluctuate and shares, when redeemed, may be worth more or less than their original cost.

Wasatch Funds will deduct a 2.00% redemption proceeds fee on Fund shares held 60 days or less. Performance data does not reflect the deduction of fees, including sales charges, or the taxes you would pay on fund distributions or the redemption of fund shares. Fees and taxes, if reflected, would reduce the performance quoted. Wasatch does not charge any sales fees. For more complete information including charges, risks and expenses, read the prospectus carefully.

Wasatch Funds are subject to risks, including loss of principal.

Investing in small or micro 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 currency fluctuations and political uncertainties, which are described in more detail in the prospectus.

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.

CFA® is a trademark owned by CFA Institute.

Growth of a Hypothetical $10,000 Investment

 as of 09/30/15
1/31/2012 to 9/30/2015
Frontier Emerging Small Countries Fund
MSCI Frontier Emerging Markets Index

Annual Returns

 as of 2014
Frontier Emerging Small Countries Fund
MSCI Frontier Emerging Markets Index

The MSCI Frontier Markets and Frontier Emerging Markets Indexes are free float-adjusted market capitalization indexes that are designed to measure equity market performance in the global frontier and emerging markets.  

You cannot invest directly in indexes.