Wasatch International Growth Fund
WIIGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 505 Wakara Way Salt Lake City UT United States of America 84108
- IPO Date
- Feb 1, 2016
- CIK
- 0000806633
- Website
- wasatchglobal.com
- Similar Companies
- Business
- Wasatch International Growth Fund (WIIGX) is an open-end mutual fund managed by Wasatch Global Investors that seeks long-term growth of capital through a bottom-up, fundamentals-driven investment approach focused on high-quality international growth companies. The fund primarily invests in equity securities of companies located outside the United States with market capitalizations under $7 billion at the time of purchase, targeting approximately 60-90 positions in the foreign small- and mid-cap growth segment; it emphasizes firms with strong balance sheets, robust cash flows, sustainable competitive advantages, and significant long-term growth potential, often in sectors such as information technology and health care. WIIGX operates within the Morningstar Foreign Small/Mid Growth category and is available to institutional investors with a minimum initial investment of $100,000, a net expense ratio of 1.36%, and a maximum redemption fee of 2.00%. Launched on February 1, 2016, as the institutional share class (with the investor class WAIGX established June 28, 2002), the fund is domiciled in the United States and managed from Wasatch Global Investors' headquarters in Salt Lake City, Utah, a 100% employee-owned firm founded in 1975 with approximately $25.2 billion in assets under management as of early 2025. In recent developments, the fund navigated market volatility in Q2 2025 driven by U.S. tariff concerns under President Trump, which initially pressured international equities before a rebound following softened policy stances from his economic team; performance reflected sector dynamics, with detractors like Freshpet Inc. and Champion Homes due to consumer caution contrasted by contributors such as TransMedics Group amid 48% top-line growth. In February 2025, Wasatch announced a portfolio manager transition, with Linda Lasater, CFA, stepping down from WIIGX and related strategies effective immediately, while remaining through March 31 for transition support, and Ken Applegate, CFA, CMT, continuing as lead portfolio manager. The fund maintains its disciplined focus on core-growth and high-growth holdings, blending stable, high-quality companies with those exhibiting at least 25% annual earnings growth, amid total strategy assets of around $3.7 billion as of late 2024.