Wasatch Long/Short Fund

Scorecard
4 / 5 Stars
Lipper
4 5 5 5 3
Zacks Investment Research
4 (Sell)
Standard & Poor's
---
TheStreet.com
C- (Hold)

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 13.94 percent over the past year, 9.43 percent over the past three years, 11.34 percent over the past five years, and 7.10 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 4.4%
1 Year 13.9%
3 Years (Annualized) 9.4%
5 Years (Annualized) 11.3%
10 Years (Annualized) 7.1%

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Summary

The investment seeks capital appreciation. The fund invests primarily in equity securities by maintaining long equity positions and short equity positions. It will invest 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 information technology, financials, energy, consumer discretionary, materials and industrials. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Wasatch Long/Short Fund has an expense ratio of 1.28 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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