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Trending ETFs

Grandeur Peak Global Micro Cap Fund

mutual fund
GPMCX
Payout Change
Suspended
Price as of:
$14.88 +0.04 +0.27%
primary theme
International Mid-Cap Growth Equity
share class
GPMCX (Mutual Fund)

Grandeur Peak Global Micro Cap Fund

Payout Change
Suspended
Price as of:
$14.88 +0.04 +0.27%
primary theme
International Mid-Cap Growth Equity
share class
GPMCX (Mutual Fund)

Grandeur Peak Global Micro Cap Fund

Payout Change
Suspended
Price as of:
$14.88 +0.04 +0.27%
primary theme
International Mid-Cap Growth Equity
share class

Name

As of 12/09/2024

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

$14.88

$46.6 M

0.00%

2.01%

Vitals

YTD Return

7.7%

1 yr return

15.7%

3 Yr Avg Return

-5.4%

5 Yr Avg Return

9.4%

Net Assets

$46.6 M

Holdings in Top 10

23.3%

52 WEEK LOW AND HIGH

$14.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.01%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$2,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/09/2024

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

$14.88

$46.6 M

0.00%

2.01%

GPMCX - Profile

Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return -5.4%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Grandeur Peak Global Micro Cap Fund
  • Fund Family Name
    Financial Investors Trust
  • Inception Date
    Oct 21, 2015
  • Shares Outstanding
    3954439
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Amy Sunderland

Fund Description

Strategic Focus

The Fund invests primarily in foreign and domestic micro-cap companies.

Under normal market conditions, the Adviser invests at least 80% of the Fund’s assets in equity securities of foreign and domestic companies with market capitalizations of less than $1 billion at the time of purchase.

The Fund invests a significant portion of its total assets (at least 40% under normal market conditions) 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 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. The Fund may invest in early-stage companies and Initial Public Offerings (IPOs). 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.

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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GPMCX - Performance

Return Ranking - Trailing

Period GPMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -7.6% 27.4% 32.20%
1 Yr 15.7% -4.8% 36.7% 31.36%
3 Yr -5.4%* -21.3% 7.2% 55.26%
5 Yr 9.4%* -10.9% 9.3% 0.93%
10 Yr N/A* -3.3% 8.3% N/A

* Annualized

Return Ranking - Calendar

Period GPMCX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -16.8% 28.8% 29.66%
2022 -31.7% -46.4% -21.4% 60.53%
2021 1.1% -30.6% 16.4% 49.07%
2020 41.1% 0.3% 62.2% 9.26%
2019 22.9% 9.7% 44.0% 57.14%

Total Return Ranking - Trailing

Period GPMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -7.6% 27.4% 32.20%
1 Yr 15.7% -4.8% 36.7% 31.36%
3 Yr -5.4%* -21.3% 7.2% 55.26%
5 Yr 9.4%* -10.9% 9.3% 0.93%
10 Yr N/A* -3.3% 8.3% N/A

* Annualized

Total Return Ranking - Calendar

Period GPMCX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -16.5% 30.7% 49.15%
2022 -31.7% -46.4% -18.5% 68.42%
2021 17.2% -30.6% 24.7% 10.19%
2020 52.9% 1.6% 68.3% 4.63%
2019 23.8% 9.7% 44.0% 79.05%

NAV & Total Return History


GPMCX - Holdings

Concentration Analysis

GPMCX Category Low Category High GPMCX % Rank
Net Assets 46.6 M 25.2 K 6.45 B 74.58%
Number of Holdings 120 39 1313 29.66%
Net Assets in Top 10 10.8 M 959 K 1.07 B 73.73%
Weighting of Top 10 23.29% 9.6% 63.9% 41.53%

Top 10 Holdings

  1. Pennant Group, Inc. (The) 3.72%
  2. Beenos Inc 2.95%
  3. ULS Group Inc 2.20%
  4. Fiducian Group Ltd 2.17%
  5. Kogan.com Ltd 2.09%
  6. CVS Group plc 2.08%
  7. Volution Group PLC 2.07%
  8. Swedencare AB 2.03%
  9. Barrett Business Services, Inc. 2.03%
  10. Hackett Group, Inc. (The) 1.93%

Asset Allocation

Weighting Return Low Return High GPMCX % Rank
Stocks
99.28% 87.24% 101.99% 14.41%
Cash
0.45% 0.00% 10.11% 88.14%
Preferred Stocks
0.27% 0.00% 8.74% 27.12%
Other
0.00% 0.00% 9.66% 69.49%
Convertible Bonds
0.00% 0.00% 0.00% 64.41%
Bonds
0.00% 0.00% 1.74% 65.25%

Stock Sector Breakdown

Weighting Return Low Return High GPMCX % Rank
Healthcare
21.80% 1.74% 29.97% 8.47%
Technology
18.99% 6.70% 37.76% 44.92%
Industrials
16.55% 0.00% 40.13% 87.29%
Consumer Cyclical
16.27% 1.31% 28.28% 5.08%
Financial Services
15.96% 1.92% 22.28% 5.93%
Consumer Defense
4.44% 1.61% 17.90% 70.34%
Communication Services
2.09% 1.49% 23.23% 88.98%
Basic Materials
1.84% 0.00% 18.70% 82.20%
Energy
1.75% 0.00% 9.29% 40.68%
Real Estate
0.30% 0.00% 13.00% 81.36%
Utilities
0.02% 0.00% 5.12% 55.93%

Stock Geographic Breakdown

Weighting Return Low Return High GPMCX % Rank
Non US
83.65% 63.83% 98.83% 88.14%
US
15.63% 0.00% 32.14% 7.63%

GPMCX - Expenses

Operational Fees

GPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.01% 0.01% 41.09% 25.42%
Management Fee 1.50% 0.00% 1.75% 97.46%
12b-1 Fee N/A 0.00% 1.00% 12.86%
Administrative Fee N/A 0.05% 0.26% N/A

Sales Fees

GPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 63.16%

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.

GPMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 8.00% 236.00% 56.84%

GPMCX - Distributions

Dividend Yield Analysis

GPMCX Category Low Category High GPMCX % Rank
Dividend Yield 0.00% 0.00% 5.44% 89.83%

Dividend Distribution Analysis

GPMCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

GPMCX Category Low Category High GPMCX % Rank
Net Income Ratio -0.62% -1.81% 1.51% 84.96%

Capital Gain Distribution Analysis

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

Distributions History

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GPMCX - Fund Manager Analysis

Managers

Amy Sunderland


Start Date

Tenure

Tenure Rank

Oct 20, 2015

6.62

6.6%

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.

Robert Gardiner


Start Date

Tenure

Tenure Rank

Oct 20, 2015

6.62

6.6%

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.

Spencer Hackett


Start Date

Tenure

Tenure Rank

Aug 31, 2021

0.75

0.8%

Spencer Hackett, MSF Mr. Hackett has worked as a Research Analyst at Grandeur Peak Global Advisors since 2012. He was appointed as a portfolio manager of the Grandeur Peak Global Micro Cap Fund in 2021. Before joining Grandeur Peak Global Advisors, he lived in Japan for two years and speaks Japanese fluently. Mr. Hackett graduated from the University of Utah, earning a B.A. degree in international studies (with an emphasis in business) and a minor in Japanese, and also earned a master’s degree in finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 28.52 5.77 0.17