After our first six weeks, with limited distribution, our funds have over $50 million under management (as of 12/2/11), and we have had a nice stream of requests from potential investors to expand our distribution.
Salt Lake City, UT (PRWEB) December 05, 2011
Grandeur Peak Global Advisors, the firm founded by former Wasatch portfolio managers Robert Gardiner and Blake Walker, announced the continued expansion of distribution for the Grandeur Peak Funds.
The Grandeur Peak Funds have been available directly from Grandeur Peak and through Schwab since the funds’ launch on October 17, 2011. The funds are now also available through Fidelity, Pershing, Vanguard, and Scottrade. Said Grandeur Peak President Eric Huefner, “We are pleased to provide an increasing array of platforms through which investors can access the Grandeur Peak Funds. Beyond the platforms announced today we continue to work with a number of other intermediaries and expect to continue expanding distribution options.”
Robert Gardiner, Grandeur Peak CEO and Portfolio Manager, commented “We have been pleased to see how well our firm is being received. After our first six weeks, with limited distribution, our funds have over $50 million under management (as of 12/2/11), and we have had a nice stream of requests from potential investors to expand our distribution. We will continue working to make our funds and investment approach broadly accessible to investors who, like us, believe some of the best long-term investment opportunities can be uncovered by experienced managers who are fully canvassing the world to find and consider each company within its global context.”
The Grandeur Peak Global Opportunities Fund (GPGOX/GPGIX) is a portfolio of global equities, with a strong bias towards small and micro cap companies. Investments 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 some of the best global opportunities currently exist. See the Prospectus for additional fund detail.
The Grandeur Peak International Opportunities Fund (GPIOX/GPIIX) is a portfolio comprised of 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.
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.
An investor should consider investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus, containing this and other information, visit http://www.grandeurpeakglobal.com or call 1-855-377-PEAK (7325). 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.