Wasatch U.S. Select Fund Institutional Class (WGUSX)

Overview

The fund described aims to invest a significant portion of its assets in equity securities, primarily focusing on companies that are economically tied to the United States. With a strategy that includes investing at least 80% of the fund's net assets (along with any borrowings for investment purposes) in such securities, the fund targets a wide range of market capitalizations. This approach signifies a broad-based investment strategy that seeks to tap into the growth potential of U.S.-related businesses, ranging from small startups to large, established corporations. Furthermore, the fund allocates up to 20% of its assets to invest in foreign companies, thereby incorporating a level of international exposure into its portfolio. This investment in non-U.S. entities is restricted to companies that are incorporated outside the United States and whose securities are primarily traded outside U.S. markets. It is notable that the fund classifies itself as non-diversified, highlighting a strategic focus that may involve a higher concentration of investments in particular sectors or companies as compared to diversified funds.

Products and Services

• Equity Securities of US Companies

This includes investments in common stock across all market capitalizations of companies that have significant economic ties to the U.S. The wide range of market caps allows the fund to leverage opportunities across the spectrum of U.S. businesses, from high-growth small caps to stable, large-cap entities.

• Equity Securities of Foreign Companies

Up to 20% of the fund's total assets at the time of purchase can be allocated towards equity securities of foreign companies. This segment offers diversification beyond the U.S. market, aiming to capitalize on growth opportunities in global markets. Investing in foreign companies involves companies that are incorporated and principally trade outside of the U.S., offering a strategic blend of domestic and international exposure.