Wasatch Global Investors, an asset management company, released its “Wasatch Micro-Cap Growth-U.S. Strategy” third-quarter 2024 investor letter. In the quarter, U.S.-based micro-cap companies benefited from optimism surrounding decreasing interest rates and a smooth economic transition, which led to greater investor appetite for risk. The strategy appreciated and outperformed the benchmark Russell Microcap® Growth Index in the quarter, which returned 8.57%. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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