Rondure Global Advisors, LLC

Rondure Global Advisors, LLC is an investment adviser founded in 2016 by Laura Geritz and Grandeur Peak Global Advisors, LLC. Based in Salt Lake City, Utah, Rondure specializes in providing discretionary investment management services to the Rondure New World Fund, a mutual fund part of the Northern Lights Fund Trust III. Additionally, Rondure offers similar strategies to accredited investors through separately managed accounts (SMAs). The firm does not provide financial planning services and outsources administrative services to Grandeur Peak. Rondure does not tailor services to individual shareholders in the Rondure New World Fund but allows variations in the management of SMAs based on client guidelines. As of December 31, 2023, Rondure had approximately $196.9 million in assets under management, all of which were discretionary assets. The firm does not typically provide certain services, such as monitoring client reporting requirements or filing class action claims for SMA clients. Rondure charges fees for its services, with the Rondure New World Fund having an annual fee rate of 0.85% and the SMA management fee at an annual rate of 0.75%. The firm does not charge performance-based fees and acts as a fiduciary, aiming to provide best execution for client trades. Clients include registered investment companies, accredited investors, and other managers for whom Rondure acts as a sub-advisor. The Rondure Fund has two share classes with a minimum investment of $1,000, while the Rondure New World SMAs require a minimum investment of $50 million. Rondure's investment strategies involve a process of quantitative screening and fundamental analysis to identify companies globally that can provide sustainable returns. The firm may invest in equities, bonds, foreign exchange, and other securities based on market opportunities. Clients should be aware of the risks involved in investing, including ADR risk, credit risk, currency risk, cybersecurity risk, and others. Rondure does not have any disciplinary events to report and does not have an affiliated broker-dealer. The firm's brokerage practices focus on best execution, research services, and trade allocation policies. Clients receive regular reviews of their accounts, and Rondure does not have custody of client assets. The firm has discretionary authority to manage client assets and votes proxies in the best interest of clients. Rondure has no financial commitments impairing its ability to meet client obligations and has never been subject to bankruptcy proceedings.