About WAESX
Wasatch Emerging Markets Select Fund Investor Class Shares is a mutual fund that focuses on capturing long-term capital growth by investing primarily in equity securities of companies tied economically to emerging market countries. The fund aims to identify high-quality growth companies across all market capitalizations, with a particular emphasis on mid-cap stocks, and typically maintains a concentrated yet diversified portfolio of approximately 30 to 50 holdings. Its investment strategy is truly active and bottom-up, seeking opportunities presented by rising consumer demand and economic expansion in emerging markets, with significant allocations to sectors such as financial services, consumer discretionary, healthcare, industrials, and technology. Notable positions frequently include leading firms in countries like India, Latin America, and Southeast Asia. Founded in 2012, the fund is designed to provide investors access to the dynamism of emerging markets, with a focus on high-conviction, quality-driven stock selection. It has a relatively high expense ratio within its peer group and may concentrate a considerable portion of its assets in a few top holdings, reflecting its focused approach to seeking potential outperformance in developing economies.
Fund Family Wasatch
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol WAESX
Share Class Investor Class Shares
Index MSCI EM (Emerging Markets) NR USD
WAESX had a total return of 9.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.75%.
