What do you expect this product to look like?

We expect it to be weighted towards micro and small cap companies because this is where the greatest market inefficiencies and opportunities exist. Fundamentally, we believe that earnings growth drives stock prices over the long-term. This bias will show through in our holdings of both traditional growth companies as well as what we refer to as “fallen angels”growth companies that have had a temporary setback and are consequently trading at very appealing valuations relative to their future growth potential.

We’re thinking the portfolio will be split roughly in the neighborhood of 40% domestic and 60% international companies, but we wrote the Prospectus with significant flexibility allowing us to increase or decrease concentrations in particular regions based on valuations and opportunities.

Why this fund?

We love small companies—we believe they spawn more interesting ideas, have more growth potential, are run by more passionate management teams with more skin in the game, and are covered by fewer analysts. Finding the small company gems has been my life’s passion.

But this passion has changed and expanded. Early this decade, while I was running the Micro Cap Fund, we began finding an increasing number of interesting small companies outside of the U.S. The world has become more global, markets are developing and maturing, and investing in foreign markets is easier.

So the Global Opportunities Fund was designed to give us the flexibility to search anywhere in the world for some of the best growth companies and investment opportunities. We have had a great time creating the initial portfolio for this fund and are excited about the opportunities we’re finding.

http://ca.news.finance.yahoo.com/s/17112008/34/biz-f-business-wire-wasatch-launches-global-opportunities-fund.html