Grandeur Peak Global Advisors is adding a new fund to its portfolio. The Salt Lake City company will add the Grandeur Peak Global Reach Fund (GPROX/GPRIX) to its mix on June 19 to bet on international small-cap companies.
The fund will contain 300-500 securities globally and become the umbrella portfolio for all of our other small/micro cap funds, according to Robert Gardiner, chief executive officer and portfolio manager. It will have a similar investment focus to the Grandeur Peak Global Opportunities Fund, which is more concentrated and closed to new investors on May 1.
“We’re looking at over 30,000 companies around the world and it’s easy to find 300-500 really interesting investments—what we believe to be the best 1-2% of our investable universe,” stated Gardner.
Amy Hu Sunderland, Randy Pearce, and Spencer Stewart are associate portfolio managers of the fund.
