v3.25.2
Annual Fund Operating Expenses
Aug. 28, 2025
Grandeur Peak Emerging Markets Opportunities Fund | Investor Class GPEOX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.35%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.20%
Expenses (as a percentage of Assets) 1.80%
Grandeur Peak Emerging Markets Opportunities Fund | Institutional Class GPEIX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.35%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.20%
Expenses (as a percentage of Assets) 1.55%
Grandeur Peak Global Contrarian Fund | Institutional Class GPGCX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.00%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.19%
Expenses (as a percentage of Assets) 1.19%
Grandeur Peak Global Explorer Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak Global Explorer Fund | Institutional Class GPGEX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80% [1]
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.93%
Expenses (as a percentage of Assets) 1.73%
Fee Waiver or Reimbursement (0.63%) [2]
Net Expenses (as a percentage of Assets) 1.10%
Grandeur Peak Global Micro Cap Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak Global Micro Cap Fund | Institutional Class GPMCX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.49%
Expenses (as a percentage of Assets) 1.99%
Fee Waiver or Reimbursement 0.01% [3]
Net Expenses (as a percentage of Assets) 2.00%
Grandeur Peak Global Opportunities Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak Global Opportunities Fund | Investor Class GPGOX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.11%
Expenses (as a percentage of Assets) 1.61%
Fee Waiver or Reimbursement (0.02%) [4],[5]
Net Expenses (as a percentage of Assets) 1.61%
Grandeur Peak Global Opportunities Fund | Institutional Class GPGIX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.11%
Expenses (as a percentage of Assets) 1.36%
Fee Waiver or Reimbursement (0.02%) [4],[5]
Net Expenses (as a percentage of Assets) 1.34%
Grandeur Peak Global Reach Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak Global Reach Fund | Investor Class GPROX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.10%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.18%
Expenses (as a percentage of Assets) 1.53%
Fee Waiver or Reimbursement (0.03%) [6]
Net Expenses (as a percentage of Assets) 1.50%
Grandeur Peak Global Reach Fund | Institutional Class GPRIX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.10%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.18%
Expenses (as a percentage of Assets) 1.28%
Fee Waiver or Reimbursement (0.03%) [6]
Net Expenses (as a percentage of Assets) 1.25%
Grandeur Peak Global Stalwarts Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak Global Stalwarts Fund | Investor Class GGSOX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.32%
Expenses (as a percentage of Assets) 1.37%
Fee Waiver or Reimbursement (0.02%) [7]
Net Expenses (as a percentage of Assets) 1.35%
Grandeur Peak Global Stalwarts Fund | Institutional Class GGSYX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.31%
Expenses (as a percentage of Assets) 1.11%
Fee Waiver or Reimbursement (0.01%) [7]
Net Expenses (as a percentage of Assets) 1.10%
Grandeur Peak International Contrarian Fund  
Prospectus [Line Items]  
Fee Waiver or Reimbursement over Assets, Date of Termination September 1, 2026
Grandeur Peak International Contrarian Fund | Institutional Class GPICX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.00%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.53% [8]
Expenses (as a percentage of Assets) 1.53%
Fee Waiver or Reimbursement (0.18%) [9]
Net Expenses (as a percentage of Assets) 1.35%
Grandeur Peak International Opportunities Fund | Investor Class GPIOX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.13%
Expenses (as a percentage of Assets) 1.63%
Grandeur Peak International Opportunities Fund | Institutional Class GPIIX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.13%
Expenses (as a percentage of Assets) 1.38%
Grandeur Peak International Stalwarts Fund | Investor Class GISOX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.10%
Expenses (as a percentage of Assets) 1.15%
Grandeur Peak International Stalwarts Fund | Institutional Class GISYX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.80%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.10%
Expenses (as a percentage of Assets) 0.90%
Grandeur Peak US Stalwarts Fund | Institutional Class GUSYX  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.75%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.15%
Expenses (as a percentage of Assets) 0.90%
[1] Expense information has been restated to reflect current fees.
[2] Grandeur Peak Global Advisors, LLC (the “Adviser”), has contractually agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 1.10% of the Fund’s average daily net assets for the Fund’s Institutional Class Shares. This agreement (the “Expense Agreement”) is in effect through September 1, 2026. The Adviser will be permitted to recapture expenses it has borne through the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.
[3] Grandeur Peak Global Advisors, LLC (the “Adviser”), has agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 2.00% of the Fund’s average daily net assets for the Fund’s Institutional Class Shares. This agreement (the “Expense Agreement”) shall continue at least through September 1, 2026. The Adviser will be permitted to recapture, on a class-by-class basis, expenses it has borne the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement or in previous letter agreements; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.
[4] As part of the Expense Agreement, the Adviser has agreed through at least September 1, 2026, to reduce annual management fees of 1.25% to 1.00% on assets of the Fund that exceed an average daily net asset level of $500 million. This waiver of management fees is not subject to recapture by the Adviser.
[5] Grandeur Peak Global Advisors, LLC (the “Adviser”), has agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 1.75% and 1.50% of the Fund’s average daily net assets for the Fund’s Investor Class Shares and Institutional Class Shares, respectively. This agreement (the “Expense Agreement”) shall continue at least through September 1, 2026. The Adviser will be permitted to recapture, on a class-by-class basis, expenses it has borne the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement or in previous letter agreements; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.
[6] Grandeur Peak Global Advisors, LLC (the “Adviser”), has agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 1.50% and 1.25% of the Fund’s average daily net assets for the Fund’s Investor Class Shares and Institutional Class Shares, respectively. This agreement (the “Expense Agreement”) shall continue at least through September 1, 2026. The Adviser will be permitted to recapture, on a class-by-class basis, expenses it has borne the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement or in previous letter agreements; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.
[7] Grandeur Peak Global Advisors, LLC (the “Adviser”), has contractually agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 1.35% and 1.10% of the Fund’s average daily net assets for the Fund’s Investor Class Shares and Institutional Class Shares, respectively. This agreement (the “Expense Agreement”) is in effect through September 1, 2026. The Adviser will be permitted to recapture expenses it has borne through the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.
[8] Estimated for the current year.
[9] Grandeur Peak Global Advisors, LLC (the “Adviser”), has contractually agreed to waive and/or reimburse fees or expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement (excluding front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs, taxes, and extraordinary expenses such as litigation expenses) to 1.35% of the Fund’s average daily net assets for the Fund’s Institutional Class Shares. This agreement (the “Expense Agreement”) is in effect through September 1, 2026. The Adviser will be permitted to recapture expenses it has borne through the Expense Agreement to the extent that the Fund’s expenses in later periods fall below annual rates set forth in the Expense Agreement; provided, however, that such recapture payments do not cause the Fund’s expense ratio (after recapture) to exceed the lesser of (i) the expense cap in effect at the time of the waiver and (ii) the expense cap in effect at the time of the recapture. Notwithstanding the foregoing, the Fund will not pay any such deferred fees and expenses more than three years after the date on which the fee and expenses were deferred. The Expense Agreement may not be terminated or modified prior to September 1, 2026, except with the approval of the Trust’s Board of Trustees.