Grandeur Peak International Stalwarts Fund
The Fund's investment objective is long-term growth of capital.
The Fund invests primarily in foreign companies.
Under normal market conditions, the Adviser will invest the Fund’s assets primarily in equity securities of foreign companies with market capitalizations of more than $1.5 billion at the time of purchase. The Fund may invest a significant amount of its total assets in securities issued by companies domiciled in emerging and frontier market countries. Domicile is determined by where the company is organized, located, has the majority of its assets, or receives the majority of its revenue.
Brad Barth, MSc
Deputy CIO, Portfolio Mgr. & Sr. Research Analyst
Mr. Barth is a portfolio manager of the Global Reach Fund, Global Stalwarts and the International Stalwarts Fund. He was named Deputy CIO in 2019. Mr. Barth is our primary analyst on the Financials sector. Mr. Barth spent four years at Goldman Sachs covering French and Benelux bancassurers during the European sovereign debt crisis.
Randy Pearce, CFA, MBA
Chief Investment Officer & Portfolio Manager
Mr. Pearce is a portfolio manager of the Global Stalwarts and International Stalwarts Funds. Mr. Pearce is a guardian portfolio manager on the Global Reach Fund. Mr. Pearce is Chief Investment Officer and is part of the Financials team. He has been an integral part of the Research team from the inception of the firm. Mr. Pearce was a financial sector and general analyst at Wasatch Advisors from 2005-09. Mr. Pearce lived in Brazil for two years, speaks Portuguese and holds the CFA designation.
Guardian Portfolio Manager
Chief Executive Officer & Portfolio Manager
Mr. Walker is a portfolio manager of the Global Opportunities, International Opportunities, and Emerging Markets Opportunities Funds. He is a guardian portfolio manager of the International Stalwarts 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).
Monthly Performance as of 06/30/2016
|Fund||1 Month||3 Month||YTD||1 Year||3 Year||5 Year||Since Inception||Open/Closed|
Quarterly Performance as of 06/30/2016
Calendar Year Inception vs. Benchmark
Hypothetical Growth of $10,000
The chart shown above represents a hypothetical investment of $10,000 in the Fund’s Investor Class shares for the period from inception to . All returns reflect reinvested dividends, but do not reflect the deduction of taxes that an investor would pay on distributions or redemptions. Investing in the Fund is subject to investment risks, including possible loss of the principal amount invested. The Fund also offers Institutional Class shares, performance for which is not reflected in the graphs above. The performance of Institutional Class shares may be higher or lower than the performance of the Investor Class shares shown in the graphs above based upon differences in fees paid by shareholders investing in the Investor Class shares and Institutional Class shares.
The chart shown above represents a hypothetical investment of $10,000 in the Fund’s Institutional Class shares for the period from inception to . All returns reflect reinvested dividends, but do not reflect the deduction of taxes that an investor would pay on distributions or redemptions. Investing in the Fund is subject to investment risks, including possible loss of the principal amount invested.
Top 10 Holdings
Top 7 Countries
Holdings subject to change.
1 Estimated weighted average annual increase in Earnings Per Share (EPS) of the fund's holdings over the next 3 years. These returns are not guaranteed. Actual EPS growth may be higher or lower.
2 The trailing 12-month Price/Earnings (P/E) of the portfolio, calculated as a weighted harmonic average.
3 Weighted average Return on Assets (ROA) of the portfolio's holdings, calculated by dividing a company's annual returns by its total assets.
4 Operating Margin is a measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc. It is calculated by dividing Operating Income by Net Sales.
5 Debt/Equity is a measure of a company's financial leverage. It is calculated by dividing its total liabilities by stockholders' equity.
6 The average market capitalization of companies held by the fund, weighted in proportion to their percentage of net assets in the fund.
7 A measure of annual trading activity in the fund's portfolio, expressed as a percentage of the fund's average total assets.
8 The median market cap is the midpoint of market capitalization of companies held by the fund.