Grandeur Peak Emerging Markets Opportunities Fund
Data updated: 2023-09-28
C000126203 — Grandeur Peak Emerging Markets Opportunities Fund. Emerging Markets Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000126203 Fund Overview
Grandeur Peak Emerging Markets 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: $471.23M
- 1-year return: 7.6%
- SEC CIK: 0000915802
- SEC series ID: S000040698
- Share class ID: C000126203
C000126203 Investment Objective and Strategy
Grandeur Peak Emerging Markets 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 currently invests primarily in small- and micro-cap companies (as further described below) domiciled in emerging or frontier markets. Effective November 1, 2018, the Fund will invest primarily in micro- to mid-cap companies (as further described below) domiciled in emerging or frontier markets. Under normal market conditions, the Adviser will invest at least 80% of the Funds assets in equity securities of companies that are domiciled in emerging or frontier markets. Emerging and frontier markets include all countries currently excluded from the MSCI World Index of developed countries. Domicile is determined by where the company is organized, located, has the majority of its assets, or receives the majority of its revenue. The Fund will typically invest in securities issued by companies domiciled in each of at least three emerging or frontier markets.
The Fund will invest the Funds assets primarily in companies with market capitalizations of less than $5 billion at the time of purchase. The Fund may invest a significant portion of its total assets in micro-cap companies with market capitalizations below $1 billion (up to 90% at the time of purchase under normal market conditions). The Fund may also invest a portion of its total assets (up to 35% under normal market conditions) in securities of companies with market capitalizations of greater than $5 billion at the time of purchase when the companies meet our investment criteria. 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 to visit companies and 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.
C000126203 Performance
Total returns for C000126203 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.6% |
| 3 years (annualised) | 4.2% |
C000126203 Risk Information
Risk metrics for C000126203, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.6%
C000126203 Costs and Fees
C000126203 costs about $168 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.68%
- Gross expense ratio: 1.70%
- Portfolio turnover: 32%
- Brokerage commissions: 7.50 bps of average net assets (SEC N-CEN)
C000126203 Cashflows
Over the 12 months to 2023-07, Grandeur Peak Emerging Markets Opportunities Fund had net outflows of $10.41M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | −$312.78K |
| 2023-06 | $2.71M |
| 2023-05 | $13.04M |
| 2023-04 | $488.97K |
| 2023-03 | $3.04M |
| 2023-02 | $11.90M |
C000126203 Debt Constituents
No individual debt constituents are reported in Grandeur Peak Emerging Markets Opportunities Fund's latest SEC N-PORT filing.
C000126203 Prospectus and SEC Filings
Official Grandeur Peak Emerging Markets 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
Other Emerging Markets Blend / Core Equity funds tracked on ABC INVEST:
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.