Wasatch Emerging Markets Small Cap Fund (WAEMX)
Wasatch Emerging Markets Small Cap Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Salt Lake City, UT, US. The stock last traded at $2.10, up 2.44% on the session, giving a market capitalisation of $115.5M. Its beta of 0.98 implies it has historically moved less than the broad market.
The Wasatch Emerging Markets Small Cap Fund aims for sustained capital appreciation over the long term. Its primary strategy involves investing in smaller companies with strong economic ties to emerging markets. Specifically, the fund allocates a minimum of 80% of its total net assets (which includes any borrowed capital for investment) to the equity holdings of these small-capitalization firms operating within developing economies. The fund retains the flexibility to concentrate a considerable portion of its portfolio in a select few sectors, such as consumer discretionary, consumer staples, financial services, healthcare, industrials, and information technology. It is important to note that this fund is classified as non-diversified.
Wasatch Emerging Markets Small Cap Fund is most often compared with the following Financial Services names: