GPGCX Performance — Grandeur Peak Global Contrarian Fund, Institutional Class
Data updated: 2026-09-29
GPGCX returned +12.13% year to date and +22.20% over one year to Jul 2026. The annualised 3-year return is +17.59%. Against its Global Small Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $163, against $155 for the category, and to $122 over one year, against $124. Volatility over the past three years was 14.76% a year. In the 12 months to Jul 2026 the fund lost a net $9.0M, and assets reached $143.35M.
GPGCX Growth of $100
What $100 invested in Grandeur Peak Global Contrarian Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Small Value category average over the same months.
| Period | GPGCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $124 |
| 3 years (Aug 2023 – Jul 2026) | $163 | $155 |
GPGCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.13% |
| 1 year | +22.20% |
| 3 years (annualised) | +17.59% |
GPGCX Annual Returns
Calendar-year total returns of Grandeur Peak Global Contrarian Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.13% |
| 2025 | +20.03% |
| 2024 | +14.93% |
| 2023 (Aug–Dec) | +5.12% |
GPGCX 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 | +4.7% | +2.1% | −10.6% | +10.3% | +3.4% | −0.9% | +4.0% | — | — | — | — | — |
| 2025 | +1.5% | −1.4% | −1.6% | +3.6% | +4.9% | +3.7% | −0.7% | +6.8% | −0.4% | −3.2% | +1.6% | +4.1% |
| 2024 | −4.4% | +4.3% | +2.7% | −1.6% | +3.1% | −0.3% | +5.9% | 0.0% | +3.9% | −2.4% | +4.3% | −0.9% |
| 2023 | — | — | — | — | — | — | — | −2.8% | −3.4% | −4.3% | +8.4% | +7.9% |
GPGCX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.76%
- 3-year Sharpe ratio: 0.89 (vs 4.5% risk-free rate)
- Best month: +10.31% (Apr 2026)
- Worst month: −10.62% (Mar 2026)
GPGCX Fund Flows
Monthly money in and out of Grandeur Peak Global Contrarian Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.0M
- 12-month gross sales (incl. reinvestments): $37.8M
- Sales ÷ redemptions: 0.81×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.0M | $1.0M | −$5K |
| Jun 2026 | $877K | $1.3M | −$466K |
| May 2026 | $1.5M | $10.5M | −$9.0M |
| Apr 2026 | $1.7M | $2.8M | −$1.1M |
| Mar 2026 | $2.1M | $5.4M | −$3.3M |
| Feb 2026 | $2.2M | $2.2M | $8K |
| Jan 2026 | $2.5M | $1.9M | $561K |
| Dec 2025 | $21.9M | $15.0M | $6.9M |
| Nov 2025 | $957K | $982K | −$25K |
| Oct 2025 | $934K | $1.8M | −$892K |
| Sep 2025 | $1.4M | $1.4M | −$8K |
| Aug 2025 | $752K | $2.5M | −$1.7M |
GPGCX Assets Under Management
Net assets of Grandeur Peak Global Contrarian Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $143.35M |
| 2026-04-30 | $144.19M |
| 2026-01-31 | $148.07M |
| 2025-10-31 | $146.11M |
| 2025-07-31 | $144.36M |
| 2025-04-30 | $135.08M |
| 2025-01-31 | $169.16M |
| 2024-10-31 | $154.89M |
| 2024-07-31 | $149.69M |
| 2024-04-30 | $141.66M |
| 2024-01-31 | $139.69M |
| 2023-10-31 | $120.67M |
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.