Monday, January 22, 2007

Wasatch Funds Re-open

Wasatch Family of mutual funds is well managed but many of their have been closed since 2001.

Wasatch is re-opening certain funds to exisiting shareholders and Registered Investment Advisors. The four funds available again are Wasatch Small Cap Growth, Wasatch Small Cap Value, Wasatch Core Growth and Wasatch International Growth.

Unfortunately the Micro Cap funds are still closed.

I'll be adding positions in the newly re-opened funds to clients who do not have them in their portfolios. These changes will be incorporated in your quarterly rebalancing statements.

Here is the press release.

http://www.wasatchfunds.com/AboutUs/NEWS/Re-Opening%20Press%20Release%20Jan%2018%2007.pdf

The Financial Pragmatist
Libby Mihalka

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