Wasatch Funds said it is launching the Wasatch Micro Cap Value Fund in late July. Initially, Wasatch plans to close the Micro Cap Value Fund to new investors at approximately $20 million in assets. The minimum initial investment in the Fund is $5,000 with a maximum contribution of $500,000.

The Fund will be co-managed by Wasatch veteran and Micro Cap Fund Manager Robert Gardiner along with Brian Bythrow and John Malooly.

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