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Trending ETFs

Grandeur Peak Global Opportunities Fund

mutual fund
GPGIX
Payout Change
Pending
Price as of:
$3.63 -0.01 -0.27%
primary theme
N/A
share class
GPGIX (Mutual Fund)

Grandeur Peak Global Opportunities Fund

Payout Change
Pending
Price as of:
$3.63 -0.01 -0.27%
primary theme
N/A
share class
GPGIX (Mutual Fund)

Grandeur Peak Global Opportunities Fund

Payout Change
Pending
Price as of:
$3.63 -0.01 -0.27%
primary theme
N/A
share class

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$3.63

$607 M

0.73%

$0.03

1.38%

Vitals

YTD Return

-5.7%

1 yr return

1.8%

3 Yr Avg Return

-9.0%

5 Yr Avg Return

6.0%

Net Assets

$607 M

Holdings in Top 10

21.1%

52 WEEK LOW AND HIGH

$3.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.38%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$2,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$3.63

$607 M

0.73%

$0.03

1.38%

GPGIX - Profile

Distributions

  • YTD Total Return -5.7%
  • 3 Yr Annualized Total Return -9.0%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.08%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Grandeur Peak Global Opportunities Fund
  • Fund Family Name
    Financial Investors Trust
  • Inception Date
    Oct 17, 2011
  • Shares Outstanding
    174990499
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Blake Walker

Fund Description

Strategic Focus

The Fund invests primarily in foreign and domestic small- and micro-cap companies. Under normal market conditions, the Adviser invests the Fund’s assets primarily in equity securities (including common stock, preferred stock, and securities convertible into common stock) of foreign and domestic companies with market capitalizations of less than $5 billion at the time of purchase.

The Fund typically invests in securities issued by companies economically tied to at least three countries, including the United States. The Fund invests a significant portion of its total assets (at least 40% under normal market conditions) at the time of purchase in securities issued by companies that are economically tied to countries outside the United States. The Adviser considers a company to be economically tied to a country if at least one of the following attributes exists: the company (1) is organized in such country, (2) is headquartered in such country, (3) has its primary stock exchange listing in a market located in such country, or (4) during the company’s most recent fiscal year, derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in such country or has at least 50% of its assets in such country.

The Fund may invest a significant amount of its total assets (up to 50% under normal market conditions) at the time of purchase in securities issued by companies economically tied to emerging and frontier market countries. Emerging and frontier markets are those countries currently excluded from the MSCI World Index of developed markets.

Analytical Approach

The Adviser uses a process of quantitative screening of the financial trends and health of each company in its investment universe, followed by “bottom up” fundamental analysis to identify growth companies that it believes are among the highest quality in their global peer group. This fundamental analysis generally includes a study of the company’s financial performance, its management, its competitors, its industry, its competitive advantage, its approach to environmental, social, and governance (ESG) topics, the geographic region(s) to which it is economically tied, and talking with the management team. In performing such analysis, the Adviser seeks to evaluate each company’s long-term potential. The Adviser also travels on an as-needed basis to visit companies and expects to speak directly with senior management.

The Adviser uses a proprietary analytical framework that may include factors that the Adviser believes are relevant, such as: local economic development priorities, shareholder rights, management oversight and transparency, board membership and structure, accounting standards, environmental policies, social justice policies, and labor relations. These sustainability criteria are collectively one of many factors that the Adviser uses as part of its fundamental analysis of a company. These factors are assessed quantitatively and qualitatively, as applicable, through the Adviser’s research and engagement process.

The Adviser incorporates the results of this analysis into its overall decision-making but does not necessarily include or exclude a particular company solely based on the Adviser’s assessment of any single criterion, including that company’s ESG factors. The Adviser generally applies its sustainability analysis to companies in which the Fund invests, but not to the cash or cash equivalent positions in the Fund’s portfolio. Because incorporating ESG considerations into the investment research process involves qualitative and subjective analysis, there can be no assurance that the methodology utilized by, or determinations made by, the Adviser will align with the beliefs or values of a particular investor, and other managers may make a different assessment of a company’s ESG criteria.

The Fund may also invest in growth companies that the Adviser believes have hit a temporary setback and therefore have a particularly appealing valuation relative to their long-term growth potential. At times, the Fund may invest in early-stage companies and Initial Public Offerings (IPOs).

The Adviser invests in what it believes to be the best investments available without regard to benchmark weightings in regions, countries, or industries. The Adviser may significantly shift Fund assets between asset classes, sectors and geographic regions based on where it believes the best growth opportunities and valuations currently exist. The Fund may invest a significant percentage of its assets in a few sectors or regions.

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GPGIX - Performance

Return Ranking - Trailing

Period GPGIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.7% -44.3% 9.5% 83.33%
1 Yr 1.8% -51.1% 24.7% 52.26%
3 Yr -9.0%* -6.4% 28.0% 18.92%
5 Yr 6.0%* -4.2% 18.3% 13.60%
10 Yr 7.4%* 1.0% 13.7% 1.19%

* Annualized

Return Ranking - Calendar

Period GPGIX Return Category Return Low Category Return High Rank in Category (%)
2023 15.6% -50.5% 18.8% 54.73%
2022 -34.4% -27.4% 103.5% 33.57%
2021 2.0% 3.5% 66.4% 55.00%
2020 35.0% -64.5% 5.6% 80.16%
2019 24.7% -9.3% 49.7% 31.13%

Total Return Ranking - Trailing

Period GPGIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.7% -44.3% 9.5% 80.77%
1 Yr 1.8% -51.1% 24.7% 44.52%
3 Yr -9.0%* -6.4% 28.0% 16.89%
5 Yr 6.0%* -4.2% 18.3% 12.80%
10 Yr 7.4%* 1.0% 13.7% 1.19%

* Annualized

Total Return Ranking - Calendar

Period GPGIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.4% -50.6% 18.8% 54.73%
2022 -33.3% -27.4% 103.5% 33.57%
2021 21.9% 3.5% 66.4% 55.00%
2020 45.2% -64.5% 5.6% 88.89%
2019 31.5% -9.3% 53.2% 17.92%

NAV & Total Return History


GPGIX - Holdings

Concentration Analysis

GPGIX Category Low Category High GPGIX % Rank
Net Assets 607 M 2.31 M 71.6 B 21.88%
Number of Holdings 158 31 9561 16.88%
Net Assets in Top 10 122 M 452 K 5.44 B 26.25%
Weighting of Top 10 21.12% 4.2% 63.4% 62.50%

Top 10 Holdings

  1. Littelfuse, Inc. 3.38%
  2. B M European Value Retail SA 3.37%
  3. BayCurrent Consulting, Inc. 2.59%
  4. Virbac SA 2.45%
  5. Volution Group PLC 1.90%
  6. CVS Group plc 1.85%
  7. Melexis NV 1.55%
  8. JTC plc 1.41%
  9. Silergy Corp 1.33%
  10. Vietnam Technological Comm Joint-stock Bank 1.28%

Asset Allocation

Weighting Return Low Return High GPGIX % Rank
Stocks
99.48% 40.59% 104.41% 26.25%
Cash
0.52% -4.41% 47.07% 74.38%
Preferred Stocks
0.00% 0.00% 1.04% 81.25%
Other
0.00% -7.94% 19.71% 33.75%
Convertible Bonds
0.00% 0.00% 7.55% 81.25%
Bonds
0.00% 0.00% 8.07% 81.25%

Stock Sector Breakdown

Weighting Return Low Return High GPGIX % Rank
Technology
28.34% 0.00% 93.40% 15.00%
Healthcare
17.07% 0.00% 28.38% 16.88%
Financial Services
14.94% 0.00% 75.07% 19.38%
Consumer Cyclical
14.29% 0.00% 71.20% 47.50%
Industrials
13.31% 0.00% 53.77% 86.25%
Consumer Defense
6.27% 0.00% 52.28% 15.00%
Communication Services
3.37% 0.00% 23.15% 41.88%
Real Estate
1.40% 0.00% 43.48% 74.38%
Basic Materials
0.83% 0.00% 26.39% 74.38%
Energy
0.19% 0.00% 36.56% 53.75%
Utilities
0.00% 0.00% 70.33% 95.00%

Stock Geographic Breakdown

Weighting Return Low Return High GPGIX % Rank
Non US
73.17% 12.39% 83.06% 2.50%
US
26.31% 6.76% 79.19% 94.38%

GPGIX - Expenses

Operational Fees

GPGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.38% 0.43% 2.93% 39.38%
Management Fee 1.25% 0.30% 1.25% 100.00%
12b-1 Fee N/A 0.00% 1.00% 12.20%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

GPGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GPGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 65.38%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GPGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 7.00% 145.00% 67.41%

GPGIX - Distributions

Dividend Yield Analysis

GPGIX Category Low Category High GPGIX % Rank
Dividend Yield 0.73% 0.00% 14.18% 84.38%

Dividend Distribution Analysis

GPGIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

GPGIX Category Low Category High GPGIX % Rank
Net Income Ratio -0.08% -1.92% 6.98% 49.68%

Capital Gain Distribution Analysis

GPGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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GPGIX - Fund Manager Analysis

Managers

Blake Walker


Start Date

Tenure

Tenure Rank

Oct 17, 2011

10.63

10.6%

Blake H. Walker is the Chief Investment Officer and Executive Vice President for Grandeur Peak Global Advisors. Before co-founding Grandeur Peak Global Advisors in 2011, Mr. Walker was a portfolio manager co-managing two funds at Wasatch Advisors. Mr. Walker joined the research team at Wasatch Advisors in 2001. Mr. Walker has a B.S. in Accounting from Brigham Young University. He is originally from Toronto, Canada. Mr. Walker speaks French and lived in France for two years.

Robert Gardiner


Start Date

Tenure

Tenure Rank

Oct 17, 2011

10.63

10.6%

Robert T. Gardiner, CFA® is the CEO and Director of Research for Grandeur Peak Global Advisors. Before founding Grandeur Peak Global Advisors in 2011, Mr. Gardiner had been a senior partner, principal shareholder and portfolio manager at Wasatch Advisors, Inc. Mr. Gardiner has been in the Investment Management industry since 1981 and involved in managing equity portfolios since 1986. Mr. Gardiner was a Director of Wasatch Advisors and a member of its Executive Management Team from 1994 to 2007. Mr. Gardiner graduated Magna Cum Laude from the University of Utah with a B.A. in Physics, a B.S. in Mathematics, and minors in Chemistry and French. He speaks French and lived in France for two years. Mr. Gardiner holds the Chartered Financial Analyst designation and is a member of the Salt Lake City Society of Financial Analysts.

Amy Sunderland


Start Date

Tenure

Tenure Rank

Aug 31, 2014

7.75

7.8%

Ms. Sunderland, CFA and portfolio manager, has been a senior research analyst at Grandeur Peak Global Advisors, with a specialty focus on the consumer sector, since the firm’s inception in 2011. Prior to Grandeur Peak, Ms. Sunderland was a junior and later senior research analyst at Wasatch Advisors from 2003-2011. Before Wasatch, Ms. Sunderland worked on the Goldman Sachs Private Wealth Management Team. Ms. Sunderland graduated Magna Cum Laude in the top 1% of her class from the University of Utah where she earned a B.S. in Finance and Business Information Systems. Ms. Sunderland was selected as the Outstanding Finance Scholar of the Year by the dean, and a Coca-Cola Scholar. Ms. Sunderland is fluent in Mandarin Chinese.

Ben Gardiner


Start Date

Tenure

Tenure Rank

Aug 31, 2021

0.75

0.8%

Mr. Gardiner has been with Grandeur Peak Global Advisors as a Research Analyst since 2013, after having worked at the firm building financial models with his father, Robert Gardiner. He was appointed as a portfolio manager of the Grandeur Peak Global Opportunities Fund in 2021. Mr. Gardiner graduated magna cum laude from the University of Utah with a B.S. degree in mathematics. He also earned a MBA degree from the London Business School in London, England

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33