Grandeur Peak International Opportunities Fund
Data updated: 2023-09-28
C000104686 — Grandeur Peak International Opportunities Fund. Emerging Markets Blend / Core Equity · $631.03M AUM. Holdings, fees, performance and SEC filings.
C000104686 Fund Overview
Grandeur Peak International Opportunities Fund is a US mutual fund managed by Financial Investors Trust, categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Financial Investors Trust
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $631.03M
- 1-year return: 0.2%
- SEC CIK: 0000915802
- SEC series ID: S000033956
- Share class ID: C000104686
C000104686 Investment Objective and Strategy
Grandeur Peak International Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Financial Investors Trust.
Investment objective
The Funds investment objective is long-term growth of capital.
Principal investment strategy
The Fund invests primarily in foreign small- and micro-cap companies. Under normal market conditions, the Adviser will invest the Funds assets primarily in equity securities of foreign companies with market capitalizations of less than $5 billion at the time of purchase. Under normal market conditions, the Fund will invest in at least five of the countries included in the MSCI AC World Ex- U.S.A. Small Cap Index. The Fund may invest a significant amount of its total assets (up to 60% under normal market conditions) at the time of purchase in securities issued by companies domiciled in emerging and frontier markets. Emerging and frontier markets are those countries currently excluded from the MSCI World Index of developed markets. Domicile is determined by where the company is organized, located, has the majority of its assets, or receives the majority of its revenue.
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 to be best-in-class among their global peers. This fundamental analysis generally includes studying the company, its industry, and its competitors, as well as talking with the management team. The Adviser travels extensively outside of the United States to visit companies and generally expects to meet with senior management. 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.
C000104686 Performance
Total returns for C000104686 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.2% |
| 3 years (annualised) | 1.2% |
C000104686 Risk Information
Risk metrics for C000104686, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.1%
C000104686 Costs and Fees
C000104686 costs about $131 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.31%
- Gross expense ratio: 1.36%
- Portfolio turnover: 28%
- Brokerage commissions: 4.80 bps of average net assets (SEC N-CEN)
C000104686 Cashflows
Over the 12 months to 2023-07, Grandeur Peak International Opportunities Fund had net outflows of $34.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | −$7.24M |
| 2023-06 | $1.27M |
| 2023-05 | −$3.78M |
| 2023-04 | −$259.96K |
| 2023-03 | −$29.30M |
| 2023-02 | −$5.57M |
C000104686 Debt Constituents
No individual debt constituents are reported in Grandeur Peak International Opportunities Fund's latest SEC N-PORT filing.
C000104686 Prospectus and SEC Filings
Official Grandeur Peak International Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2023-09-01
- Prospectus supplement (497) — filed 2022-09-02
- Prospectus supplement (497) — filed 2021-09-03
- Portfolio holdings (N-PORT) — filed 2023-09-28
- Portfolio holdings (N-PORT) — filed 2023-06-27
- Portfolio holdings (N-PORT) — filed 2023-03-31
- Annual census (N-CEN) — filed 2023-07-14
- Annual census (N-CEN) — filed 2022-07-13
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.