GRANDEUR PEAK GLOBAL TRUST OPERATING EXPENSES LIMITATION AGREEMENT GRANDEUR PEAK FUNDSGrandeur Peak Funds • September 26th, 2023 • Grandeur Peak Global Trust • Delaware
THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 23rd day of February, 2023, by and between GRANDEUR PEAK GLOBAL TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Grandeur Peak Emerging Markets Opportunities Fund, Grandeur Peak Global Contrarian Fund, Grandeur Peak Global Explorer Fund, Grandeur Peak Global Micro Cap Fund, Grandeur Peak Global Opportunities Fund, Grandeur Peak Global Reach Fund, Grandeur Peak Global Stalwarts Fund, Grandeur Peak International Opportunities Fund, Grandeur Peak International Stalwarts Fund, Grandeur Peak US Stalwarts Fund (each a “Fund” and collectively, the “Funds”) series of the Trust, and the Advisor of the Funds, Grandeur Peak Global Advisors, LLC, a Delaware limited liability company (the “Advisor”).
