Grandeur Peak Global Explorer Fund

C000232936 Fund Overview

Grandeur Peak Global Explorer Fund is a US mutual fund managed by Financial Investors Trust, categorised as Emerging Markets Growth 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 Growth Equity
• Assets under management: $12.92M
• 1-year return: 2.8%
• SEC CIK: 0000915802
• SEC series ID: S000074764
• Share class ID: C000232936

C000232936 Investment Objective and Strategy

Grandeur Peak Global Explorer 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 micro- to mid-cap companies economically tied to the United States (domestic companies) or to other countries (foreign companies), using a geography-focused framework intended to identify companies that the Adviser believes are particularly well-positioned for long-term growth. Under normal market conditions, the Adviser will invest the Funds assets primarily in equity securities (including common stock, preferred stock, and securities convertible into common stock) of companies with market capitalizations of less than $5 billion at the time of purchase. The Fund will typically invest in securities issued by companies that, taken together, are economically tied to at least ten countries, including the United States. The Fund will invest a significant portion of its total assets (at least 40% under normal market conditions; at least 30% under market conditions that are not normal) at the time of purchase in securities issued by companies that, taken together, are economically tied to at least three countries outside the United States, including emerging and frontier market countries.

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 companys 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. Foreign companies may be traded on U.S. exchanges or non-U.S. exchanges and may be denominated in U.S. dollars or foreign currencies. Foreign companies include companies whose exclusive economic tie to the United States is the trading of an American Depositary Receipt (ADR) on a U.S.

exchange or over the counter in the United States. Depositary receipts include sponsored and unsponsored depositary receipts, are typically issued by a financial institution (for ADRs, typically a U.S. financial institution) and evidence ownership interests in a security or a pool of securities (for ADRs, securities issued by a non-U.S. issuer) that have been deposited typically with that institution. 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 among the best-in-class in their global peer group. This fundamental analysis generally includes a comparative study of the company and its peers, including the companys 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 companys long-term potential. The Adviser also travels extensively to visit companies, when it is considered safe to do so, and expects to speak directly with senior management. The ESG criteria described above is collectively one of many factors that the Adviser uses as part of its fundamental analysis of a company. In analyzing a companys approach to these ESG criteria, the Adviser assesses a number of factors through a proprietary analytical framework. This analysis may include factors such as: shareholder rights, management oversight and transparency, board membership and structure, accounting standards, supply chain visibility, environmental policies, social justice policies, and labor relations. These factors are assessed quantitatively and qualitatively, as applicable, through the Advisers direct research and engagement process.

The Adviser incorporates the results of this analysis into its overall decision-making but does not specifically include or exclude a particular company solely based on the Advisers assessment of that companys ESG factors. The Adviser applies this ESG analysis to each company in which the Fund invests, but not to the cash or cash equivalent positions in the Funds portfolio. Because investing on the basis of ESG criteria 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 companys ESG criteria. The Fund may also invest in growth companies that the Adviser believes have hit a temporary setback (for example, announced an unexpected expense or delayed contract, missed sales targets for the quarter, or experienced an unplanned management change, etc.), and therefore have a particularly appealing valuation relative to their long-term growth potential.

The Fund may also invest in early-stage companies and Initial Public Offerings (IPOs).

C000232936 Performance

Total returns for C000232936 (as of 2026-10-01), from SEC filings.

C000232936 Risk Information

Risk metrics for C000232936, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 18.9%

C000232936 Costs and Fees

C000232936 costs about $125 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.25%
• Gross expense ratio: 3.97%
• Portfolio turnover: 38%
• Brokerage commissions: 9.86 bps of average net assets (SEC N-CEN)

C000232936 Cashflows

Over the 12 months to 2023-07, Grandeur Peak Global Explorer Fund had net inflows of $2.89M, from monthly SEC N-PORT filings.

C000232936 Debt Constituents

No individual debt constituents are reported in Grandeur Peak Global Explorer Fund's latest SEC N-PORT filing.

C000232936 Prospectus and SEC Filings

Official Grandeur Peak Global Explorer Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-12-15
• Prospectus supplement (497) — filed 2023-09-01
• Prospectus supplement (497) — filed 2022-09-02
• 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 Growth Equity funds tracked on ABC INVEST:

• Motley Fool Global Opportunities Fund (FOOLX)
• AMG Managers Special Equity Fund (MGSEX)
• CLS Global Aggressive Equity Fund (CLACX)
• Cavalier Growth Opportunities Fund (CATEX)
• The Tocqueville Opportunity Fund (TOPPX)

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.