WASATCH FUNDS - Curian Clearing

WASATCH HERITAGE GROWTH FUND (WAHGX) — Portfolio Summary
MARCH 31, 2015 (UNAUDITED)
AVERAGE ANNUAL TOTAL RETURNS
SIX MONTHS* 1YEAR 5YEARS 10 YEARS
Heritage Growth 13.81% 9.33% 13.53% 7.77%
Russell Midcap ® Growth Index 11.53% 15.56% 16.43% 10.19%
S&P 500 ® Index 5.93% 12.73% 14.47% 8.01%
Data shows past performance, which is not indicative of future performance. Current performance may be lower
or higher than the performance quoted. To obtain the most recent month-end performance data available, please
visit www.WasatchFunds.com. The Advisor may absorb certain Fund expenses, without which total return would
have been lower. Investment returns and principal value will fluctuate and shares, when redeemed, may be worth
more or less than their original cost.
As of the January 31, 2015 prospectus, the Total Annual Fund Operating Expenses for the Wasatch Heritage
Growth Fund are 0.95%. The expense ratio shown elsewhere in this report may be different. See the
prospectus for additional information regarding Fund expenses.
Wasatch Funds will deduct a 2.00% redemption proceeds fee on Fund shares held 60 days or less. Performance
data does not reflect the deduction of fees, including sales charges, or the taxes you would pay on fund
distributions or the redemption of fund shares. Fees and taxes, if reflected, would reduce the performance quoted.
Wasatch does not charge any sales fees. For more complete information including charges, risks and expenses,
read the prospectus carefully.
Investing in small and mid cap funds will be more volatile and loss of principal could be greater than
investing in large cap funds. Investing in foreign securities, especially in emerging markets, entails
special risks, such as currency fluctuations and political uncertainties, which are described in more detail
in the prospectus.
*Not annualized.
SECTOR BREAKDOWN
Cash & Cash Equivalents † 100%
† Also includes Other Assets & Liabilities.
TOP TEN EQUITY HOLDINGS**
The Fund liquidated its holdings and moved to cash and cash equivalents during the first quarter of 2015.
**As of March 31, 2015, there were no holdings in the Fund.
GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT
$28,000
$25,000
$22,000
$19,000
$16,000
$13,000
$10,000
$7,000
Wasatch Heritage Growth Fund
Russell Midcap Growth Index
S&P 500 Index
$26,378
$21,611
$21,141
’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14 ’15
Years Ended March 31
Past performance does not predict future performance. The graph above does not reflect the deduction of fees, sales charges, or taxes that you would payon
fund distributions or the redemption of fund shares. Wasatch does not charge any sales fees. The Russell Midcap Growth Index measures the performance of
those Russell Midcap Index companies with higher price-to-book ratios and higher forecasted growth values. The stocks in the Russell Midcap Growth Index
are also members of the Russell 1000 Growth Index. The S&P 500 Index represents 500 of the United States’ largest stocks from a broad variety of industries.
The index is unmanaged and is a commonly used measure of common stock total return performance. You cannot invest directly in these or any indices.
17