Wasatch International Growth

Wasatch International Growth

Wasatch International Growth Fund
Last update 2020-08-31 92 Stocks (13 new)
Value $917.00 Mil Turnover 11 %
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Wasatch International Growth Profile

Wasatch International Growth Fund (WAIGX) was established on 6/28/2002. The Fund seeks long-term growth of capital by investing primarily in foreign growth companies domiciled in developed and emerging markets. Wasatch International Growth Fund is managed by Roger Edgley since 1/31/2006.

Wasatch International Growth Investing Philosophy

“Portfolio Manager Roger Edgley is most interested in finding companies with following characteristics: Potential for significant and sustained revenue and earnings growth; experienced, proven management team; high return on capital; sustainable competitive advantage; market leadership and/or growing market share; ability to capitalize on favorable long-term trends; strong financial health and controls; reasonable use of debt; attractive valuation.” “We use a bottom-up process of fundamental analysis to look for individual companies that we believe are high-quality, stable, and have the potential to grow earnings for long periods of time. To determine that a company has these characteristics, Roger takes the following approach: (1) Screening Using financial databases, he screens for companies demonstrating high-quality growth. (2) Deep Due Diligence We use a thorough and collaborative process to understand the companies in which we invest. We study the company, its competitors, and its industry. We talk with management to verify the quality of the leadership and gain deeper insight for the company's prospects and risks. We call competitors, suppliers, and customers to make sure we have a complete picture of the landscape. Meanwhile, we are constantly talking with other Wasatch portfolio managers and analysts in order to leverage the knowledge, perspective, and insight of the broader Wasatch team in every investment decision. (3) Earnings Models We build proprietary earnings models in order to analyze a company's key growth drivers. (4) Valuation We consider a variety of appropriate valuation metrics (e.g. Price to Earnings, Enterprise Value to EBITDA, Price to Book, etc.) to assess the potential return and the risk/reward trade-off of each stock.”
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Performance of Wasatch International Growth F

Year Return % S&P500 % Excess Gain %
2019 29.43 30.58 -1.1
2018 -15.71 -4.57 -11.1
2017 33.01 21.7 11.3
3-Year Cumulative (2017-2019) 45.11 (13.21/Year) 51.65 (14.89/Year) -6.52 (-1.66/Year)
2016 -8.47 12 -20.5
2015 15.21 1.24 14
5-Year Cumulative (2015-2019) 53.02 (8.88/Year) 71.96 (11.45/Year) -18.92 (-2.55/Year)
2014 -9.05 13.46 -22.5
2013 26.42 32.31 -5.9
2012 33.08 15.99 17.1
2011 -12.04 1.9 -13.9
2010 34.24 15.05 19.2
10-Year Cumulative (2010-2019) 176.47 (10.70/Year) 251.03 (13.38/Year) -74.56 (-2.68/Year)
2009 64.19 26.35 37.8
2008 -53.93 -36.79 -17.1
2007 12.47 5.15 7.3
2006 23.79 15.84 8
2005 18.37 4.83 13.5
15-Year Cumulative (2005-2019) 244.65 (8.60/Year) 257.98 (8.87/Year) -13.33 (-0.25/Year)
2004 22.93 10.7 12.2
2003 44.96 28.18 16.8

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