GPEIX Performance — Grandeur Peak Emerging Markets Opportunities Fund, Institutional Class
Data updated: 2026-09-29
GPEIX returned +14.98% year to date and +15.60% over one year to Jul 2026. The annualised 3-year return is +4.91%. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $115, against $164 for the category, and to $116 over one year, against $134. Volatility over the past three years was 16.75% a year. In the 12 months to Jul 2026 the fund lost a net $64.4M, and assets reached $29.86M.
GPEIX 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 | GPEIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $116 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $115 | $164 |
GPEIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.98% |
| 1 year | +15.60% |
| 3 years (annualised) | +4.91% |
GPEIX 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 |
|---|---|
| 2026 (Jan–Jul) | +14.98% |
| 2025 | +9.08% |
| 2024 | −8.62% |
| 2023 (Aug–Dec) | +0.75% |
GPEIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.9% | +4.4% | −8.4% | +17.7% | +0.8% | −0.4% | −4.0% | — | — | — | — | — |
| 2025 | −0.8% | 0.0% | −2.4% | +1.1% | +6.2% | +5.4% | −1.1% | +2.1% | −0.5% | +0.9% | −1.6% | −0.4% |
| 2024 | −6.7% | +4.1% | +0.6% | −2.4% | +1.6% | +0.2% | −0.9% | +1.6% | +2.9% | −3.3% | −4.6% | −1.4% |
| 2023 | — | — | — | — | — | — | — | −4.0% | −2.3% | −6.2% | +9.5% | +4.6% |
GPEIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.75%
- 3-year Sharpe ratio: 0.02 (vs 4.5% risk-free rate)
- Best month: +17.70% (Apr 2026)
- Worst month: −8.38% (Mar 2026)
GPEIX Fund Flows
Monthly money in and out of Grandeur Peak Emerging Markets Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$64.4M
- 12-month gross sales (incl. reinvestments): $14.2M
- Sales ÷ redemptions: 0.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $11K | $787K | −$776K |
| Jun 2026 | $7K | $3.5M | −$3.5M |
| May 2026 | $229K | $930K | −$701K |
| Apr 2026 | $85K | $2.6M | −$2.5M |
| Mar 2026 | $164K | $15.9M | −$15.7M |
| Feb 2026 | $207K | $4.5M | −$4.3M |
| Jan 2026 | $532K | $4.7M | −$4.2M |
| Dec 2025 | $12.2M | $7.6M | $4.6M |
| Nov 2025 | $142K | $27.0M | −$26.9M |
| Oct 2025 | $255K | $3.8M | −$3.6M |
| Sep 2025 | $187K | $3.2M | −$3.0M |
| Aug 2025 | $118K | $4.0M | −$3.9M |
GPEIX Assets Under Management
Net assets of Grandeur Peak Emerging Markets Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $29.86M |
| 2026-04-30 | $35.98M |
| 2026-01-31 | $54.88M |
| 2025-10-31 | $92.41M |
| 2025-07-31 | $100.29M |
| 2025-04-30 | $160.33M |
| 2025-01-31 | $271.40M |
| 2024-10-31 | $307.74M |
| 2024-07-31 | $320.99M |
| 2024-04-30 | $346.58M |
| 2024-01-31 | $376.61M |
| 2023-10-31 | $403.29M |
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.