Wasatch Micro Cap Value Fund to Re-Open to New Investors(February 24, 2012)
Salt Lake City (February 24, 2012) - Wasatch Advisors today announced the reopening of the Wasatch Micro Cap Value Fund (WAMVX) to new investors through Schwab, Fidelity, TD Ameritrade, and other intermediaries, as well as Financial Advisors and Retirement Plans. The Fund had been closed to new investors through intermediaries since May 26, 2010.
Brian Bythrow, Portfolio Manager of the Micro Cap Value Fund since its inception, said, “We are seeing interesting opportunities and feel we have a good amount of capacity left in the fund. We believe this is a nice entry point for new shareholders.”
Wasatch carefully monitors mutual fund assets in order to protect the integrity of its investment process and objectives for each Fund.
About Wasatch Advisors®
Wasatch Advisors is the investment manager to Wasatch Funds®, a family of no-load mutual funds, as well as 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. The portfolio managers employ a uniquely collaborative process to leverage the knowledge and skill of the entire Wasatch Advisors research team in making investment decisions. Wasatch Advisors is an employee-owned investment adviser founded in 1975 and headquartered in Salt Lake City, Utah.
RISKS: Investing in small and micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds.
The investment objective of WAMVX 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, click here or call 800.551.1700. Please read it carefully before investing.
©2012 Wasatch Funds, All rights reserved. Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI) Separately Managed Accounts and related investment advisory services are provided by Wasatch Advisors, a federally regulated Investment Advisor. ADI is not affiliated Schwab, Fidelity, TD Ameritrade, or Wasatch Advisors.