Grandeur Peak celebrates the 3-year mark of the Global Contrarian Fund

Mark Madsen, Portfolio Manager

The Global Contrarian Fund offers its clients a value-oriented strategy that adheres to similar quality characteristics as the company’s growth-oriented funds.

Our strength has been identifying companies around the world that fit one of our investment types, such as Fallen Angels or Core Contrarians.

— Mark Madsen, portfolio manager

SALT LAKE CITY, Utah, USA, September 21, 2022 /EINPresswire.com/ — Magnitude Peak Global Advisors® announced that the Grandeur Peak Global Contrarian Fund (GPGCX), celebrated its third birthday this weekend. Launched on September 17, 2019, the Global Contrarian Fund offers its clients a value-oriented strategy that adheres to similar quality characteristics as the company’s growth-oriented funds.

Senior Portfolio Manager, Marc Madsencommented on this milestone: “We are pleased with the performance of the Global Contrarian Fund over its first three years, returning 10.30% annualized since inception. In comparison, the MSCI ACWI Small Cap Value Index posted a return of 5.99% over the same period. Recent markets have been a tailwind to our investment style as we seek out high quality value companies. Our strength has been identifying companies around the world that fit one of our investment types, such as Fallen Angels or Core Contrarians. Quality companies that are in weak sectors or have experienced a bump in the road can have quite attractive valuations relative to their long-term potential, which presents us with attractive investment opportunities.

Driven by a bottom-up fundamental approach, Grandeur Peak believes that having a Global Value allocation in the Micro-to-Midcap space can be a solid investment strategy in any market. The Global Contrarian Fund will continue to be managed as a portfolio of approximately 100 names in the following investment types:

• Core Contrarian – quality businesses in disadvantaged industries or geographies
• Fallen Angels – growing businesses that have encountered a “hiccup in the road”
• Undiscovered Gems: Small, high-quality businesses with plenty of room to maneuver
• High Yield – income driven, low earnings growth
• Sum of the parts – values ​​businesses by adding the standalone value of each business unit in the event of a sale or acquisition

Randy Pearce, Chief Investment Officer, said: “The Global Contrarian Fund is a great complement to our more growth-oriented funds and adds to our overall research process. All of our funds hold what we believe to be high quality companies, but some ideas are better candidates for Global Contrarian, at least initially. Mark and his team can identify and buy good companies that are undervalued but may simply lack short-term momentum, or are otherwise out of favor, and wait patiently. As the investment thesis on a company begins to materialize, Global Contrarian signals to the rest of the team an opportunity to buy a high-quality company that is back on track to deliver earnings growth at the future. Global Contrarian is a great strategy on its own, but we’re doubly excited about its development into a tremendous asset to Grandeur Peak Funds at large.

For more details on the strong relative performance of the Global Contrarian Fund over its first three years, please visit our website.

About Grandeur Peak Global Advisors
Grandeur Peak Global Advisors is made up of a highly experienced and collaborative research team that takes a bottom-up approach to investing using disciplined global selection, rigorous company due diligence and careful attention to valuation to find what we think to be the best investment opportunities around the world. We favor micro to mid cap companies as we believe we can find faster growth among these companies, and often at better valuations due to 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.

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The objective of all Grandeur Peak Funds is long-term capital growth.

Standardized performance for GPGCX as of 06/30/22 (returns are annualized for periods greater than 1 year, expressed in %):
Fund 3 month total return 1 year total return 3 year total return since inception*
Size Peak Global Contrarian Fund Institutional (GPGCX) -13.26 -14.10 n/a 11.99
MSCI ACWI Small Cap Value Index – GR -14.50 -14.20 n/a 5.21
MSCI ACWI Small Cap Index – GR -16.96 -21.47 n/a 5.05

Standardized performance for GPGCX as of 09/19/22 (returns are annualized for periods greater than 1 year, in %):
Fund 1 year total return 3 year total return since inception*
Size Peak Global Contrarian Fund Institutional (GPGCX) -18.40 10.30 10.30
MSCI ACWI Small Cap Value Index – GR -11.41 5.99 5.99
MSCI ACWI Small Cap Index – GR -19.69 5.81 5.81

The data shows past performance, which is not indicative of future performance. Actual performance may be lower or higher than data quoted. For the most recent month-end performance data available, please visit www.grandeurpeakglobal.com. The Advisor may bear certain expenses of the Fund, without which the total return would have been lower. These spending agreements are in effect until August 31, 2023. Investment returns and the value of principal will fluctuate and shares, when redeemed, may be worth more or less than their original cost.

Total Expense Ratio: Gross 1.40% / Net 1.35% for GPGCX.

RISKS:
Investing in a mutual fund involves risk and loss of capital is possible. Diversification does not eliminate the risk of incurring an investment loss. Investing in small capitalization funds will be more volatile and the loss of capital could be greater than investing in large capitalization or more diversified funds.

Investing in foreign securities involves 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 carefully consider the investment objectives, risks, charges and expenses before investing. For a prospectus containing this and other information, go to www.grandeurpeakglobal.com or call 1-855-377-PEAK (7325). Please read it carefully before investing.

The MSCI ACWI Small Cap Value Index is designed to measure the market performance of small cap companies with broad value style characteristics in developed and emerging markets around the world. You cannot invest directly in this index or any index.

Grandeur Peak Funds are distributed by ALPS Distributors, Inc (“ADI”). Grandeur Peak Global Advisors is not affiliated with ADI. Eric Huefner is a registered representative of ADI.

Eric Huefner
Grandeur Peak Global Advisors
801-384-0003
write to us here

Carol N. Valencia