Wasatch Long/Short Alpha Fund Institutional Class Shares (WGLSX)

Overview

The fund adviser is dedicated to achieving higher risk-adjusted returns with reduced volatility in comparison to domestic equity markets. By adopting a strategy that includes both long and short positions in a diverse portfolio of equity securities, the adviser tailors its approach to encompass companies across all market capitalizations. A significant portion of the fund's assets, typically more than 65%, are invested in companies either based in the U.S. or listed on a U.S. exchange, under normal market conditions. The aim is to maintain a fund structure that is non-diversified, allowing for concentrated investments that may lead to higher growth potential.

Products and Services

The fund adviser provides a specialized investment service that includes:

• Long and Short Equity Positions: The service involves taking long positions on stocks expected to increase in value and short positions on those anticipated to decline, enabling the fund to potentially profit in both rising and falling market conditions.
• Investment in U.S.-Domiciled or Listed Companies: Focusing primarily on companies domiciled in the U.S. or listed on a U.S. exchange, the fund targets the vibrant and diverse U.S. market for its equity investments, capitalizing on the region's dynamic economic environment.
• Non-Diversified Fund Structure: By operating as a non-diversified fund, the adviser has the flexibility to make concentrated investments in selected equity securities, which could potentially lead to higher returns albeit with a higher risk profile.