Wasatch Announces 17 New Employee Shareholders

SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Global Investors is pleased to announce the addition of 17 new employee shareholders, bringing the total number of employee shareholders to 49. This equity distribution represents employees from across the firm, including investment research, operations, compliance, marketing, and sales.

The new equity grants are intended to reward employees who have meaningfully contributed to Wasatch’s success and ensure the firm will remain 100% employee-owned. As a result of the new equity distribution, more than half of all employees at Wasatch are now owners of the firm. All previous shareholders of the firm remain equity owners.

“We are thrilled to welcome 17 new employee shareholders,” said Eric Bergeson, President of Wasatch Global Investors. “These equity grants are a testament to the hard work and dedication of our employees, and we are proud to have such a committed and talented team. We believe that employee ownership is a key driver of our success, and we are committed to remaining independent.”

Wasatch is also pleased to announce the promotion of Natalie Pesqué, CFA, to the position of Portfolio Manager on the Wasatch Micro Cap Fund. “Natalie has been an integral member of our team as an Associate Portfolio Manager, and her hard work and dedication have been instrumental in our research process,” said Ken Korngiebel, Lead Portfolio Manager. “We are confident that her expertise and experience will help the Fund continue to deliver strong risk-adjusted returns for our investors.”

About Wasatch Global Investors

Wasatch Global Investors is a 100% employee-owned investment manager founded in 1975 and headquartered in Salt Lake City, Utah. Named after the nearby Wasatch Mountain Range, the firm brings unparalleled experience to U.S. and international micro-, small- and mid-cap investing with a culture that emphasizes collaboration, excellence and intellectual curiosity. Wasatch had $22.4 billion in assets under management as of December 31, 2022. Wasatch Global Investors is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.

Risks

Mutual fund investing involves risks and loss of principal is possible. Investing in small or micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds. Investing in foreign securities, especially in emerging markets, entails special risks such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Non-diversification increases the risk of loss to the Fund if the value of these securities decline. The investment objective of the Micro Cap Fund is long-term growth of capital.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, containing this and other information, visit wasatchglobal.com or call [phone]. Please read it carefully before investing.

CFA® is a trademark owned by the CFA Institute.

Wasatch Funds are distributed by ALPS Distributors, Inc. (ADI). Eric Bergeson is a registered representative of ADI. ADI is not affiliated with Wasatch Global Investors.

WAS005803 Exp: 12/31/2023

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