GGSOX Fees and Costs — Grandeur Peak Global Stalwarts Fund, Investor Class
Data updated: 2026-09-29
The net expense ratio is 1.35%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.38% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $71K in broker commissions, 0.0837% of average net assets, and portfolio turnover was 74%.
GGSOX Fees and Expenses
Annual operating expenses and sales charges of GGSOX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GGSOX Costs Over Time
On $10,000 invested in GGSOX, assuming 5% a year before costs, total costs come to $889 over 5 years, cutting the return by 1.51% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.35%) | $142 | $440 | $760 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $151 | $491 | $889 |
| Value after costs | $10,349 | $11,085 | $11,874 |
| Impact on return, per year | 1.51% | 1.51% | 1.51% |
GGSOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0837%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $2.4M
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
GGSOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $14K | 19.68% |
| MORGAN STANLEY & CO., LLC | $13K | 18.55% |
| Macquarie Capital (USA) Inc. | $9K | 12.87% |
| INVESTEC SECURITIES, LLC | $8K | 11.12% |
| BERENBERG CAPITAL MARKETS LLC | $7K | 9.32% |
| LIQUIDNET, INC. | $6K | 8.43% |
| CARNEGIE, INC. | $5K | 7.23% |
| UOB KAY HIAN (HONG KONG) LIMITED | $5K | 7.03% |
| BTIG LLC | $2K | 3.03% |
| YUANTA FINANCIAL HOLDINGS | $2K | 2.74% |
GGSOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS, INC (WAS SSB) | $1.6M | 64.61% |
| GOLDMAN, SACHS & CO. | $510K | 21.12% |
| MORGAN STANLEY & CO., LLC | $310K | 12.84% |
| NATIONAL BANK OF CANADA FINANCIAL, INC. | $35K | 1.43% |
Grandeur Peak Global Stalwarts Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GGSYX | Institutional Class | 1.10% | — |
| GGSOX | Investor Class | 1.35% | — |
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.