C000126204 Performance — Grandeur Peak Emerging Markets Opportunities Fund, Institutional Class
Data updated: 2023-09-28
C000126204 returned +7.68% over one year to Jul 2023. The annualised 3-year return is +4.40%. Against its Emerging Markets Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $114, against $109 for the category, and to $108 over one year, against $110. Volatility over the past three years was 16.08% a year. In the 12 months to Jul 2023 the fund lost a net $10.4M, and assets reached $471.23M.
C000126204 Growth of $100
What $100 invested in Grandeur Peak Emerging Markets Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | C000126204 | Category average |
|---|---|---|
| 1 year (Aug 2022 – Jul 2023) | $108 | $110 |
| 3 years (Aug 2020 – Jul 2023) | $114 | $109 |
| Since data start (Aug 2019 – Jul 2023) | $128 | $115 |
C000126204 Trailing Returns
Total returns to Jul 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.68% |
| 3 years (annualised) | +4.40% |
C000126204 Annual Returns
Calendar-year total returns of Grandeur Peak Emerging Markets Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jul) | +11.39% |
| 2022 | −24.50% |
| 2021 | +9.00% |
| 2020 | +31.01% |
| 2019 (Aug–Dec) | +6.45% |
C000126204 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.9% | −3.4% | +0.7% | −0.5% | −1.3% | +3.7% | +4.3% | — | — | — | — | — |
| 2022 | −5.9% | −5.1% | −0.1% | −7.7% | −0.8% | −7.6% | +3.5% | +1.4% | −9.4% | −0.3% | +7.6% | −1.9% |
| 2021 | +1.1% | +3.1% | −2.2% | +4.6% | +3.9% | +3.4% | −2.7% | +2.9% | −3.3% | +1.0% | −3.4% | +0.7% |
| 2020 | +0.1% | −3.2% | −20.5% | +13.2% | +6.1% | +7.7% | +6.0% | +5.9% | −2.2% | +0.6% | +9.7% | +8.5% |
| 2019 | — | — | — | — | — | — | — | −2.2% | +1.6% | +3.2% | 0.0% | +3.8% |
C000126204 Risk
Risk measures from monthly returns over Aug 2020 – Jul 2023.
- 3-year volatility (annualised): 16.08%
- 3-year Sharpe ratio: -0.01 (vs 4.5% risk-free rate)
- Best month: +9.74% (Nov 2020)
- Worst month: −9.42% (Sep 2022)
C000126204 Fund Flows
Monthly money in and out of Grandeur Peak Emerging Markets Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$10.4M
- 12-month gross sales (incl. reinvestments): $68.4M
- Sales ÷ redemptions: 0.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2023 | $2.9M | $3.2M | −$313K |
| Jun 2023 | $5.5M | $2.8M | $2.7M |
| May 2023 | $15.6M | $2.5M | $13.0M |
| Apr 2023 | $1.9M | $1.4M | $489K |
| Mar 2023 | $6.2M | $3.1M | $3.0M |
| Feb 2023 | $12.4M | $520K | $11.9M |
| Jan 2023 | $694K | $4.3M | −$3.6M |
| Dec 2022 | $16.0M | $28.3M | −$12.2M |
| Nov 2022 | $1.5M | $4.6M | −$3.1M |
| Oct 2022 | $2.1M | $14.4M | −$12.2M |
| Sep 2022 | $1.7M | $6.0M | −$4.2M |
| Aug 2022 | $1.9M | $7.8M | −$5.9M |
C000126204 Assets Under Management
Net assets of Grandeur Peak Emerging Markets Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-07-31 | $471.23M |
| 2023-04-30 | $425.65M |
| 2023-01-31 | $424.69M |
| 2022-10-31 | $392.00M |
| 2022-07-31 | $451.44M |
| 2022-04-30 | $496.13M |
| 2022-01-31 | $582.10M |
| 2021-10-31 | $672.79M |
| 2021-07-31 | $674.45M |
| 2021-04-30 | $638.93M |
| 2021-01-31 | $566.66M |
| 2020-10-31 | $461.23M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.