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  • Trying to understand what the difference is here with Global Reach and Global Opportunities. Any guesses?
  • Would Mr. @David_Snowball be willing to give them a call & reach out to them with your question ?
    Derf
  • I am asking myself a similar question about Explorer and Opportunities. Global Reach contains most or all of the stocks that are in the other Global Peak funds. Global Opportunities has a third to a half as many stocks. But why does Global Peak need another fund? I am guessing it may have something to do with making the best use of particular analysts and managers who may be restrained by the limits of existing funds. I have no "inside information". It's just a guess.
  • edited October 4
    From GP's Chairman's letter dated 1/31/2020:

    Here is a link to that letter:

    https://www.grandeurpeakglobal.com/documents/grandeurpeakglobal-is-20200131.pdf

    Excerpt:

    There is also a very important strategy that we’ve been developing for several years now, which we call Global Explorer. It follows the same idea as Global Reach, but would be managed by our geography teams rather than the industry teams. Launching Global Explorer is roughly targeted for 2021-2022.

    Excerpt from the registration filing link above:

    PRINCIPAL INVESTMENT STRATEGIES OF THE FUND

    The Fund invests primarily in foreign and domestic micro- to mid-cap companies based on a geography-focused framework intended to identify companies that the Adviser believes are particularly well-positioned for long-term growth.

    The Fund will typically invest in securities issued by companies economically tied to at least ten countries, including the United States. The Fund will invest a significant portion of its total assets (at least 40% under normal market conditions) at the time of purchase in securities issued by companies that are economically tied to countries outside the United States, including emerging and frontier market countries. The Adviser generally considers a company to be economically tied to a market based on where the company is organized, headquartered, has its primary stock exchange listing, or has substantial concentration of assets or revenues.



  • edited October 4
    By that logic, it seems like this fund will be run by the younger junior members of the analytical team, which seem to have more of a geographic rather than industry focus: Juliette Douglas, Ben Gardiner, Spencer Hackett, Phil Naylor and Connor Whipple https://grandeurpeakglobal.com/our-firm It seems like the youngest research associates such as Rohan Dalal, Matt Kaeberer, Dane Nielson, Daniel Xu, Spencer Randall and Karson Schrader are also geographically focused.
  • By that logic, it seems like this fund will be run by the younger junior members of the analytical team, which seem to have more of a geographic rather than industry focus: Juliette Douglas, Ben Gardiner, Spencer Hackett, Phil Naylor and Connor Whipple https://grandeurpeakglobal.com/our-firm It seems like the youngest research associates such as Rohan Dalal, Matt Kaeberer, Dane Nielson, Daniel Xu, Spencer Randall and Karson Schrader are also geographically focused.

    = retention tool for young talent
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