Nov. 5, 2002 — Wasatch Funds will reopen Wasatch Funds:Small Cap Value Fund (WMCVX) to new investors on November 13.
Wasatch said it could reopen the fund since capacity has increased following the stock market’s decline. The fund, which had also been closed to existing investors on March 28, 2002, reopened to them on July 17.
Assets in the fund at the end of October stood at $403.4 million, versus $601.1 million as of July 31, 2001, when it was closed to new investors, Wasatch said.