Our vision for global investing includes disciplined screening to find interesting companies around the world, thorough hands-on research to sort the wheat from the chaff, and careful monitoring of valuations in an effort to maximize investment results.
Salt Lake City, UT (PRWEB) October 17, 2011
Grandeur Peak Global Advisors, the firm founded by former Wasatch portfolio managers Robert Gardiner and Blake Walker, announced today the launch of two new mutual funds: the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund.
The Grandeur Peak Global Opportunities Fund (GPGOX/GPGIX) will be a portfolio of 100-150 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 the portfolio managers believe the best global opportunities currently exist. See the Prospectus for additional fund detail.
The Grandeur Peak International Opportunities Fund (GPIOX/GPIIX) will be a portfolio comprised of 100-150 small and micro cap growth companies outside of the United States. Said co-portfolio manager, Blake Walker “Given the vast number of high quality, growing, and underfollowed small/micro cap companies abroad, we believe this is the single most interesting segment of the global equities landscape for the coming decade.” See the Prospectus for additional fund detail.
Robert Gardiner, Grandeur Peak CEO and Portfolio Manager, said “In a world where business is increasingly global and country boundaries continue to blur, we believe the best long-term investment opportunities can be uncovered by investors who are fully canvassing the world to find and consider each company within its global context.” Mr. Gardiner continued “Our vision for global investing includes disciplined screening to find interesting companies in every part of the world, thorough hands-on research to sort the wheat from the chaff, and careful monitoring of valuations in an effort to maximize investment results. We are long-term investors, looking for smaller companies that we believe have great growth potential over the next five years and beyond.”
Co-Portfolio Manager and Chief Investment Officer Blake Walker added, “Our bias is towards small and micro cap companies because we believe we can find faster growth among these firms, and often at better valuations due to the lack of analyst coverage. The universe of impressive yet underfollowed small and micro cap companies around the world is extensive and growing every day. There are a tremendous number of high quality companies with strong growth potential which are simply too small to catch the eye of Wall Street analysts and larger mutual funds.”
The Grandeur Peak Global Opportunities and the International Opportunities funds will each have a management fee of 1.25%. This is the lowest management fee of any fund that Mr. Gardiner or Mr. Walker has managed. The Funds also have an expense cap in place to help control the impact to shareholders of the significant start-up and global expenses. Please read the Prospectus carefully before investing. Note, the Investor Share Class has a minimum investment of just $2000, while the Institutional Share Class has a minimum investment of $100,000.
Eric Huefner, president and co-founder, described how investors can purchase the new funds: “Investors can go to http://www.grandeurpeakglobal.com to open a Grandeur Peak Funds account on-line, or to download an application. Applications can also be requested by calling 1.855.377.PEAK (7325). We are working with Schwab, Fidelity, TD Ameritrade, Pershing, Vanguard, and other third party intermediaries to get selling agreements in place as quickly as possible. We hope our funds will be available on these and other platforms shortly.
About Grandeur Peak Global Advisors
Grandeur Peak Global Advisors is comprised of a highly seasoned and collaborative research team taking a bottom-up approach to investing using disciplined global screening, rigorous company due diligence, and close attention to valuation to find what we believe to be the best investment opportunities around the world. Our bias is towards small and micro cap companies because we believe we can find faster growth among these firms, and often at better valuations due to the lack of analyst coverage. Grandeur Peak Global Advisors, LLC is an employee-owned investment adviser headquartered in Salt Lake City, Utah and registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
The objective of both the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund is long-term growth of capital. These funds are new and have limited operating history.
Mutual fund investing involves risks and loss of principal is possible. Investing in small and micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds. Investing in foreign securities entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Investments in emerging markets are subject to the same risks as other foreign securities and may be subject to greater risks than investments in foreign countries with more established economies and securities markets.
This material must be accompanied or preceded by a prospectus. Please read it carefully before investing.
Grandeur Peak Funds will deduct a 2.00% redemption proceeds fee on Fund shares held 60 days or less. For more complete information including charges, risks and expenses, read the prospectus carefully.
Valuation is the process of determining the current worth of an asset or company.
Wasatch Advisors is not affiliated with Grandeur Peak Global Advisors or with ALPS Distributors, Inc.
Grandeur Peak Funds are distributed by ALPS Distributors, Inc (“ADI”). Eric Huefner is a registered representative of ADI.