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Wasatch Long/Short Investor

FMLSX
12.41
-0.02
-0.16%
5/2/2016
5 Years
  • Previous Close

    12.43

  • Net Assets

    246.48M

  • Yield

    0.07%

  • Front load

    None

  • Expenses

    1.30%

  • Category

    Long-Short Equity

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★
Profile

Name of Issuer

Wasatch

Fund Style

Open

Fund Manager

Terry Lally

Investment Style

Large Value

The investment seeks capital appreciation. The fund invests primarily in equity securities by maintaining long equity positions and short equity positions. It invests the fund's assets in the equity securities of companies with market capitalizations of at least $100 million at the time of purchase that the managers have identified as being undervalued and the managers will sell short those securities that the managers have identified as being overvalued. The fund may invest a large percentage of its assets in a few sectors, including consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology and materials.

Purchase Information

Initial Purchase 2,000
Initial Purchase: IRA 2,000
Initial Purchase: AIP 1,000

Inception

8/1/2003

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