Wasatch U.S. Select Fund’s Q3 2023 Investor Letter

Wasatch Global Investors, an investment management firm, released its “Wasatch U.S. Select Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Concerns about the impact of rising interest rates and the possibility of a recession caused stocks to decline in the third quarter. In this context, the fund’s Investor Class slipped -4.81% and underperformed its benchmark, the Russell 3000 Growth Index, which fell -3.34%. In addition, please check the fund’s top five holdings to know its best picks in 2023.