Wasatch Long/Short Alpha Fund Investor Class (WALSX)

Overview

The fund adviser operates with the primary goal of achieving higher risk-adjusted returns with relatively lower volatility when compared to the broader domestic equity markets. By employing a strategic mix of long and short positions in its equity portfolio, the firm caters to investors looking for diversified exposure across companies of varying market capitalizations. Despite a focus on US-domiciled or US-listed companies — constituting more than 65% of the fund's investments under normal market conditions — the fund maintains a non-diversified status. This strategic approach allows the fund advisor to flexibly navigate through different market conditions while aiming to deliver on its investment objectives.

Products and Services

The fund adviser’s primary offerings revolve around the strategic management of an equity investment fund with distinct characteristics aimed at optimizing investor returns:

• Long and Short Equity Positions:

  The fund establishes long positions in equities believed to be undervalued and short positions in equities considered to be overvalued. This dual approach is designed to capitalize on market discrepancies and mitigate risk, potentially leading to more stable returns.

• Focus on U.S. Companies:

  More than 65% of the fund’s investments are dedicated to companies either domiciled in the U.S. or listed on U.S. exchanges. This strategy leverages the potential growth and stability of the U.S. equity markets, while still allowing room for selective international exposure.

• Non-Diversified Fund Structure:

  Unlike diversified funds, this non-diversified approach permits the fund to take more significant positions in fewer selected investments. This strategy can lead to higher returns, albeit with potentially higher risk, offering an attractive proposition to certain investors.