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1Q25 Quarterly Letter
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Investor Scams are on the Rise
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The Current Value in Foreign Small Cap Growth
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Elevated Global Investing

We believe the best perspective comes from a broad, global view.

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© 2011-2024 Grandeur Peak Global Advisors, LLC. All rights reserved.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. Click the link to obtain a prospectus for the Grandeur Peak Funds, which contains important information about risk factors and disclosures, or call 1.855.377.PEAK (7325). Read the prospectus carefully before investing in the Grandeur Peak Funds.

IMPORTANT RISKS

Any investing, including in mutual funds, involves risks and loss of principal is possible. Investing in international or global funds, small- or micro-cap funds, or related strategies will be more volatile and the risk of principal loss could be greater than investing in domestic, large-cap or more diversified funds or strategies. Investing in foreign securities also 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 greater risk than investments in the United States or in foreign countries with more established economies and securities markets.

Investment advisory services for the Grandeur Peak Funds and related separately managed accounts are provided by Grandeur Peak Global Advisors, LLC, a federally registered investment adviser.
Grandeur Peak Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Northern Lights Distributors, LLC. is not affiliated with Grandeur Peak Global Advisors, LLC.