Grandeur Peak Global Reach Fund (GPRIX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in foreign and domestic small- and micro-cap equity securities, including common stock, preferred stock, and securities convertible into common stock; the fund maintains a diversified portfolio of approximately 268 holdings with a weighted average market capitalization of $5,325 million and a median market cap of $2,189 million, focusing on high-quality growth companies characterized by estimated one-year median EPS growth of 15.5%, return on assets of 11.5%, and operating margins of 18.8%; top sectors include technology (26.32%), financial services (18.28%), industrials (15.98%), consumer cyclical (13.49%), and healthcare (12.50%), with geographic diversification across the United States (27.88%), United Kingdom (13.51%), emerging Asia (13.38%), Japan (11.85%), and Eurozone (9.29%), among others.
Launched on June 19, 2013, and domiciled in the United States with total net assets of approximately $187.79 million for the institutional share class, the fund is managed by a team at Grandeur Peak Global Advisors, LLC, headquartered in Salt Lake City, Utah, and founded in 2011; the institutional class (GPRIX) carries a net expense ratio of 1.25% and a 2% redemption fee on shares held 60 days or less.
In recent developments effective September 1, 2025, the broader Grandeur Peak Funds family announced portfolio manager enhancements with the return of founder Robert Gardiner from sabbatical, who assumed lead and guardian portfolio manager roles across multiple funds including Global Reach, alongside additions like Preston Williams as an industry PM; complementary strategic shifts involved repositioning the sister Global Explorer Fund (GPGEX) toward small-/mid-cap focus (over $1.5 billion market cap at purchase), transitioning its management to industry teams while maintaining Global Reach as the micro-/small-cap umbrella strategy, and lowering GPGEX fees; earlier in 2024, Grandeur Peak Global Advisors formed a partnership with Ultimus Fund Solutions and Rondure Global Advisors for enhanced IBOR/ABOR solutions to improve data access and shareholder experience.