Grandeur Peak Global Explorer Fund Institutional Class (GPGEX)

Overview

The fund is a specialized investment vehicle that concentrates its investments on micro- to mid-cap companies that have a strong potential for long-term growth. These companies can be based in the United States, thus considered domestic companies, or located in foreign countries. The fund employs a geographic-focused framework to select companies it believes are especially poised for sustained growth. It primarily invests in equity securities, which include common stock, preferred stock, and securities that can be converted into common stock. The target companies typically have market capitalizations of less than $5 billion at the time the fund invests. This fund operates as a non-diversified fund, meaning it may invest a larger proportion of its assets in a smaller number of investments than a diversified fund would, potentially increasing its risk and volatility.

Products and Services

• Equity Securities Investment

The fund mainly invests in equity securities of micro- to mid-cap companies. This includes buying common stocks, preferred stocks, and convertible securities of companies the Adviser identifies as having the potential for significant long-term growth. The focus on smaller companies can offer investors exposure to high growth potential markets.

• Geography-Focused Framework

Investments are made using a geography-focused framework, allowing the fund to identify promising companies both in the United States and abroad. This strategy aims to diversify the fund's holdings across various economies and industries, potentially mitigating risks associated with market volatility in specific regions.

• Market Capitalization-Based Selection

The fund targets companies with market capitalizations under $5 billion at the time of investment. This approach is designed to uncover investment opportunities in smaller companies that may be poised for growth but are not yet recognized by the broader market.

• Non-Diversified Fund Structure

The non-diversified status of the fund allows it to invest more significantly in fewer companies compared to diversified funds. While this can lead to higher volatility and risk, it also offers the potential for greater returns if the selected companies perform well.