Mutual Fund Insights: Wasatch Ultra Growth Fund (WAMCX)

In-depth Analysis of Wasatch Ultra Growth (WAMCX)

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See Wasatch Ultra Growth Fund (WAMCX) performance details as of October 31, 2009

  

Last Trade: $15.74 on 11/20/2009, Change: -0.05 (-0.32%)

  

Fund Manager - Ajay Krishnan

Fund Manager Tenure: 9.9 years
Fundmojo Fund Grade: D (Score: 0.45)     (What does this score mean?)

Ajay Krishnan has been a portfolio manager for the Wasatch Ultra Growth Fund since 2000. Ajay Krishnan served as a portfolio manager for the Global Science & Technology Fund from 2000 through January 2007. Ajay Krishnan joined their research team 1994 as a securities analyst. Ajay Krishnan worked previously with P&B Laboratories and Viv Consultants. Ajay Krishnan holds the Chartered Financial Analyst designation.

  

Performance	Management Fee	Turnover rate
WAMCX: 24.63% , -9.21% , -1.83% Category Average: 13.17% , -7.45% , 0.22%	WAMCX: 1.55% Category Average: 1.61%	WAMCX: YFT_NOT_APPLICA% Category Average: 132.21%

See Wasatch Ultra Growth Fund (WAMCX) performance details as of October 31, 2009

  

 What we like about Wasatch Ultra Growth Fund (WAMCX)

Data for Wasatch Ultra Growth Fund (WAMCX) as of October 31, 2009

• Wasatch Ultra Growth Fund (WAMCX) management has been with Wasatch Ultra Growth Fund for 9.9 years
• Wasatch Ultra Growth Fund (WAMCX) has good short-term performance (1-year return 24.63% vs 13.17% Small Growth category average)
• Wasatch Ultra Growth Fund (WAMCX) has a lower management fee than its Small Growth average: 1.55% vs 1.61%
• Wasatch Ultra Growth Fund (WAMCX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Wasatch Ultra Growth Fund (WAMCX)

Data for Wasatch Ultra Growth Fund (WAMCX) as of October 31, 2009

• Wasatch Ultra Growth Fund (WAMCX) has a less-than-ideal mid-term performance (3-year return -9.21% vs -7.45% Small Growth category average)
• Wasatch Ultra Growth Fund (WAMCX) has a less-than-ideal Long-term performance (5-year return -1.83% vs 0.22% Small Growth category average)
• Wasatch Ultra Growth Fund (WAMCX) ratio of up-years vs down years can be improved
• Wasatch Ultra Growth Fund (WAMCX) has a Morningstar rating of 3 and below
• Wasatch Ultra Growth Fund (WAMCX) is less safe compared to its Small Growth peers
• Wasatch Ultra Growth Fund (WAMCX) does not have a good risk adjusted return as its 3-year Alpha of 0.81 is worse than category average of 1.71, and its 3-year Sharpe ratio is -0.32
• Wasatch Ultra Growth Fund (WAMCX) is more volatile than its peers as it has a 3-year Standard Deviation of 26.25 that is higher than category average of 24.28

  

  

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Wasatch Ultra Growth Fund (WAMCX) Net Asset

Track net asset change of Wasatch Ultra Growth fund (WAMCX)

Date	Net Asset
10/2009	$116.08M
09/2009	$121.03M
08/2009	$114.07M

More historic net asset information on Wasatch Ultra Growth Fund (WAMCX)

  

Wasatch Ultra Growth Fund (WAMCX) Portfolio Allocation

Track portfolio allocation change of Wasatch Ultra Growth fund (WAMCX)

Date	Cash	Stock	Bond	Other
06/2009	8.38%	86.17%	2.28%	3.17%
12/2008	5.26%	87.43%	2.32%	4.99%
09/2008	6.33%	87.48%	2.16%	4.02%

Click here to see more historic asset allocation information on Wasatch Ultra Growth Fund (WAMCX)

  

Most Recent Top 10 Holdings in Wasatch Ultra Growth Fund (WAMCX)

Discover what Wasatch Ultra Growth Fund (WAMCX) manager is buying

30-Jun-09 Cognizant Technology Solutions [3.45%] MSCI INC [3.15%] F5 Networks, Inc. [2.37%] Montagu Newhall Global Ptrs Ii [2.28%] VCA Antech, Inc. [2.27%] O2Micro International Limited [2.26%] WESTWOOD HLDGS GRP [2.12%] Power Integrations, Inc. [2.09%] Riverbed Technology, Inc. [1.94%]

31-Dec-08 HDFC BANK LTD [5.34%] Cognizant Technology Solutions [4.76%] Power Integrations, Inc. [3.67%] Silicon Laboratories, Inc. [3.44%] Dollar Tree, Inc. [2.91%] NetLogic Microsystems, Inc. [2.86%] VNUS Medical Technologies, Inc. [2.83%] F5 Networks, Inc. [2.67%] Montagu Newhall Global Ptrs Ii [2.32%]

30-Sep-08 Cognizant Technology Solutions [4.26%] HDFC BANK LTD [4%] Psychiatric Solutions, Inc. [3.66%] Bucyrus International, Inc. [3.29%] Power Integrations, Inc. [3.12%] Silicon Laboratories, Inc. [2.95%] NetLogic Microsystems, Inc. [2.47%] VNUS Medical Technologies, Inc. [2.2%] Montagu Newhall Global Ptrs Ii [2.17%] MEDNAX, INC [2.02%]

Click here for Stock Holding Change Map in Wasatch Ultra Growth Fund (WAMCX)

  

Related books and products to Wasatch Ultra Growth Fund (WAMCX)

  

Latest News on Wasatch Ultra Growth (WAMCX)

See what is happening with Wasatch Ultra Growth Fund (WAMCX)

Are Fund Reopenings Contrarian Buy Signals? (Morningstar.com) See more news on Wasatch Ultra Growth Fund (WAMCX)

  

Unique Method to Discover Best Fund Managers with Proven Results

Financial Optimization through Technology Innovation

• Fund Mojo Score is 0.75 (A+) and above
• Fund Manager has been with the fund for more than 5 years
• Key performances (1-year, 3-year and 5-year performance) beat its category peers
• 5-year return is positive
• Initial investment requirement is less or equal to $10,000

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