WASATCH FUNDS - Curian Clearing

WASATCH FUNDS — Statements of Operations
CORE
GROWTH
FUND
EMERGING
INDIA
FUND
EMERGING
MARKETS
SELECT
FUND
Investment Income:
Interest $ 83 $ 925 1 $ —
Dividends 2
Unaffiliated issuers 6,513,117 81,344 250,662
Affiliated issuers 3 — — —
Total investment income 6,513,200 82,269 250,662
Expenses:
Investment advisory fees 4,940,180 448,572 367,100
Shareholder servicing fees — Investor Class 508,639 52,062 35,135
Shareholder servicing fees — Institutional Class 6,399 — 6,995
Fund administration fees 66,636 4,060 3,960
Fund accounting fees 43,576 14,719 10,205
Reports to shareholders — Investor Class 41,921 5,584 1,915
Reports to shareholders — Institutional Class 12,965 — 5,259
Custody fees 64,337 66,618 48,434
Federal and state registration fees — Investor Class 7,911 6,464 7,126
Federal and state registration fees — Institutional Class 4,698 — 6,692
Legal fees 18,656 746 3,209
Trustees’ fees 37,513 1,966 2,367
Interest 9,497 555 996
Audit fees 14,843 14,135 24,154
Other expenses 22,940 10,927 10,762
Total expenses before reimbursement 5,800,711 626,408 534,309
Recoupment (Reimbursement) of expenses by Advisor (10,867) (40,901) (67,032)
Net Expenses 5,789,844 585,507 467,277
Net Investment Income (Loss) 723,356 (503,238) (216,615)
Realized and Unrealized Gain (Loss):
Net realized gain (loss) on investments and foreign currency transactions
Unaffiliated issuers 18,643,937 337,698 (59,699)
Realized foreign capital gains taxes — — —
Change in unrealized appreciation (depreciation) on
investments and foreign currency translations 143,645,735 7,852,659 (315,743)
Change in deferred foreign capital gains taxes — (571,203) (42,107)
Net gain (loss) on investments 162,289,672 7,619,154 (417,549)
Net Increase (Decrease) in Net Assets Resulting from Operations $ 163,013,028 $ 7,115,916 $ (634,164)
1 Net of $30 in foreign withholding taxes.
2 Net of $58,649, $0, $41,631, $556,423, $1,341,939, $16,162, $3,405 and $380,471 in foreign withholding taxes, respectively.
3 See Note 9 for information on affiliated issuers.
See Notes to Financial Statements.
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