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Wasatch Global Opps Fund Up 10 Percent

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Despite the challenging conditions of recent markets, the Wasatch Global Opportunities Fund (WAGOX) has returned 10.00 percent in the period since it launched on November 17, 2008, through March 31, 2009.

That is about 12 percentage points ahead of the MSCI AC World Small Cap Index and more than 16 points ahead of the MSCI AC World Index (all-cap), the company says.

“I’m not a top-down investor, and I don’t know if we are close to the market bottom, but down the road I believe we will look back and see that this was a pretty good time to invest,” says portfolio manager Robert Gardiner, CFA.

This “go anywhere” fund is about 46-percent invested in the United States and 54-percent invested outside the U.S.