Wasatch Core Growth Fund to Close to New Investors on December 5, 2018
SALT LAKE CITY--(BUSINESS WIRE)--Nov 20, 2018--Effective at the end of market trading (4:00 p.m. EST) on December 5, 2018, the Wasatch Core Growth Fund (WGROX/WIGRX) 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 financial advisors and retirement plans with an established position in the Fund.
“Wasatch takes fund capacity seriously and, given the small cap focus of the Core Growth Fund, we believe that this step will protect the integrity of our investment process,” said JB Taylor, Portfolio Manager of the Fund and CEO of Wasatch Advisors.
RISKS AND DISCLOSURES:
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 emerging markets, entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. The investment objective of the Wasatch Core Growth 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 or call 800.551.1700. Please read the prospectus carefully before investing.
© 2018 Wasatch Funds. All rights reserved. Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI). ADI is not affiliated with Wasatch Advisors, Inc.
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KEYWORD: UNITED STATES NORTH AMERICA UTAH
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Wasatch Funds
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PUB: 11/20/2018 11:00 AM/DISC: 11/20/2018 11:00 AM