GPGEX Performance — Grandeur Peak Global Explorer Fund, Institutional Class
Data updated: 2026-09-29
GPGEX returned +16.82% year to date and +20.63% over one year to Jul 2026. The annualised 3-year return is +10.28%. Against its Global Small Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $134, against $132 for the category, and to $121 over one year, against $123. Volatility over the past three years was 16.67% a year. In the 12 months to Jul 2026 the fund took in a net $827K, and assets reached $15.75M.
GPGEX Growth of $100
What $100 invested in Grandeur Peak Global Explorer Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Small Blend category average over the same months.
| Period | GPGEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $121 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $134 | $132 |
GPGEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.82% |
| 1 year | +20.63% |
| 3 years (annualised) | +10.28% |
GPGEX Annual Returns
Calendar-year total returns of Grandeur Peak Global Explorer Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.82% |
| 2025 | +10.66% |
| 2024 | −0.85% |
| 2023 (Aug–Dec) | +4.63% |
GPGEX 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% | −1.7% | −4.3% | +14.0% | +3.9% | +1.6% | −1.3% | — | — | — | — | — |
| 2025 | +2.3% | −3.3% | −3.7% | +3.7% | +5.9% | +4.1% | −1.5% | +2.8% | −2.1% | +1.0% | +1.7% | −0.2% |
| 2024 | −4.9% | +3.6% | −0.1% | −4.8% | +3.8% | −0.6% | +5.0% | +1.1% | +1.9% | −4.6% | +3.1% | −3.6% |
| 2023 | — | — | — | — | — | — | — | −4.0% | −4.5% | −7.0% | +12.5% | +9.1% |
GPGEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.67%
- 3-year Sharpe ratio: 0.35 (vs 4.5% risk-free rate)
- Best month: +13.95% (Apr 2026)
- Worst month: −6.98% (Oct 2023)
GPGEX Fund Flows
Monthly money in and out of Grandeur Peak Global Explorer Fund, from SEC Form N-PORT.
- 12-month net flow: $827K
- 12-month gross sales (incl. reinvestments): $2.6M
- Sales ÷ redemptions: 1.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $12K | $6K | $6K |
| Jun 2026 | $4K | $209K | −$205K |
| May 2026 | $16K | $3K | $13K |
| Apr 2026 | $21K | $54K | −$33K |
| Mar 2026 | $250K | $127K | $123K |
| Feb 2026 | $267K | $264K | $4K |
| Jan 2026 | $259K | $107K | $152K |
| Dec 2025 | $1.2M | $125K | $1.0M |
| Nov 2025 | $202K | $19K | $183K |
| Oct 2025 | $340K | $296K | $44K |
| Sep 2025 | $13K | $343K | −$330K |
| Aug 2025 | $34K | $203K | −$169K |
GPGEX Assets Under Management
Net assets of Grandeur Peak Global Explorer Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $15.75M |
| 2026-04-30 | $15.30M |
| 2026-01-31 | $14.19M |
| 2025-10-31 | $12.09M |
| 2025-07-31 | $12.33M |
| 2025-04-30 | $11.53M |
| 2025-01-31 | $12.35M |
| 2024-10-31 | $12.24M |
| 2024-07-31 | $12.63M |
| 2024-04-30 | $11.89M |
| 2024-01-31 | $12.40M |
| 2023-10-31 | $10.73M |
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.