Grandeur Peak Global Opportunities Fund (GPGOX/GPGIX)
The Global Opportunities Fund focuses on identifying best-in-class companies and great equity investment opportunities throughout the world.
|Style:||Global Small/Micro Cap|
|Total Net Assets:||$659.1 Millionas of 11/25/2015|
|Net Asset Value:||$3.25 as of 11/25/2015|
|Expense Ratio1:||Gross 1.63% / Net 1.63% as of 08/15/2015|
|Minimum Investment:||$2000/$100 UTMA|
|Net Asset Value:||$3.28 as of 11/25/2015|
|Expense Ratio1:||Gross 1.38% / Net 1.38% as of 08/15/2015|
A portfolio of our favorite global equities with a strong bias towards small and micro cap companies. Investments will include companies based in the U.S., developed foreign countries, and emerging/frontier markets. The portfolio has flexibility to adjust its investment mix by market cap, country, and sector in order to invest where we believe the best global opportunities currently exist. Expected to typically have 150-200 holdings.
ROBERT GARDINER, CFA
CEO, DIRECTOR OF RESEARCH, & PORTFOLIO MANAGER
Mr. Gardiner is a portfolio manager of the Global Micro Cap Fund and Global Opportunities Fund and a guardian portfolio manager of Emerging Markets Opportunities, Global Reach Global Stalwarts, International Opportunities and International Stalwarts Funds. Mr. Gardiner is a distinguished portfolio manager who has been managing micro and small cap portfolios since 1986, including the Wasatch Micro Cap Fund ('95-'06), Wasatch Small Cap Value Fund ('97-'01), and Wasatch Global Opportunities Fund ('08-'11).
AMY HU SUNDERLAND, CFA
PORTFOLIO MANAGER & SR. RESEARCH ANALYST
Ms. Sunderland is a portfolio manager of the Global Micro Cap Fund, Global Opportunities Fund and Global Reach Fund. Ms. Sunderland is our primary analyst on the Consumer sector. Ms. Sunderland was a small cap analyst at Wasatch Advisors from 2003-2011. She is native Chinese and speaks Mandarin. Ms. Sunderland splits her time between Hong Kong and Salt Lake City.
Guardian Portfolio Manager
CHIEF INVESTMENT OFFICER & PORTFOLIO MANAGER
Mr. Walker is a portfolio manager of the Emerging Markets Opportunities, Global Reach, Global Stalwarts, International Opportunities and International Stalwarts Funds. Mr. Walker is a guardian portfolio manager of the Global Micro Cap Fund and Global Opportunities Fund. Mr. Walker is Canadian and a veteran manager who has been investing globally in small and micro cap companies since 2001. Mr. Walker ran the Wasatch International Opportunities Fund ('05-'11) and co-managed the Wasatch Global Opportunities Fund ('08-'11).
Why We Started This Fund
We had previous experience managing a global fund. Through our travels around the world visiting companies it had become clear to us that in order to understand a company's potential we had to understand its customers, competitors, and suppliers on a global scale. In doing so we found a tremendous number of high quality, growing, and underfollowed small/micro cap companies abroad. To invest in Best-In-Class companies and to find the best investment opportunities the fund had to be a global fund.
†Closed to all investors, except existing investors with an established automatic investment plan and/or an established position in a retirement account.
1 Grandeur Peak Global Advisors, LLC (the "Adviser"), has agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding acquired fund fees and expenses, brokerage expenses, interest expenses, taxes and extraordinary expenses) to 1.75% and 1.50% of the Fund’s average daily net assets for the Fund’s Investor Class Shares and Institutional Class Shares, respectively. This agreement (the "Expense Agreement") is in effect through August 31, 2016. The Adviser will be permitted to recover, on a class-by-class basis, expenses it has borne through this agreement to the extent that the Fund’s expenses in later periods fall below the annual rates set forth in this agreement or in previous agreements. Notwithstanding the foregoing, the Fund will not be obligated to pay any such deferred fees and expenses more than three years after the end of the fiscal year in which the fees and expenses were deferred. This agreement may not be terminated or modified prior to this date except with the approval of the Fund’s Board of Trustees.