North Square Tactical Growth Fund marked its 20th anniversary
with a number one percentile ranking in its Morningstar peer group
category, according to North Square Investments, the Fund's
investment adviser.
CHICAGO, May 16, 2024
/PRNewswire-PRWeb/ -- North Square Tactical Growth Fund marked its
20th anniversary with a number one percentile ranking in
its Morningstar peer group category, according to North Square
Investments, the Fund's investment adviser.
"We congratulate Paul Frank and the Tactical Growth Fund
portfolio management team of Brad
Thompson, CFA and Clayton Wilkin, CFA for reaching this
significant milestone and for achieving this enviable performance
track record, which really speaks for itself," said North Square
CEO Mark Goodwin
For the 20-year period ended May 2,
2024, North Square Tactical Growth Class I shares (ETFOX)
finished among the top 1% of funds in its Morningstar Tactical
Allocation category, ranking first among 61 funds. For the
one-year, three-year, five-year and 10-year periods ended
May 2, 2024, the Fund's percentile
ranking, actual rank and number of funds in its peer group was as
follows: 25th/51/233; 19th/39/227; 22nd/34/210; 14th/16/160.
(Rankings are based on Morningstar total return.)
The Tactical Growth Fund Class I shares also received a
5-Star Overall rating by Morningstar
among 227 Tactical Allocation funds for the most recent rating
period ended 4/30/24 based on
risk-adjusted performance. For the 3-year period the fund received
4 stars out of 227 funds, while for the 5-year period the fund
received 4 stars out of 210 funds and 5 stars out of 160 funds for
the 10-year period.
Call 855-551-5521 or visit northsquareinvest.com for the most
recent month-end performance results. Current performance may be
lower or higher than the performance data quoted. The performance
data quoted represents past performance, which is no guarantee of
future results. Investment return and principal value of an
investment will fluctuate so that an investor's shares, when
redeemed, may be worth more or less than their original cost.
Performance shown reflects contractual fee waivers. Without such
waivers, total returns would be reduced. Short term performance, in
particular, is not a good indication of the fund's future
performance, and an investment should not be made based solely on
returns. Please click here to view standardized performance for the
Fund:
https://northsquareinvest.com/strategies/tactical-growth-fund/
"Most noteworthy, the Lead Portfolio Manager for the Tactical
Growth Fund is Paul Frank, who has
been at the helm of the Fund since the very beginning," said North
Square CEO and Co-Founder Mark
Goodwin.
"Paul had a novel idea for a mutual fund in 2004 that would
invest in exchange traded funds, or "ETFs," researching and
selecting funds from a broad universe of investment opportunities,"
Goodwin continued. "The Fund is a Sharpe Ratio momentum strategy
that seeks long-term capital appreciation while mitigating market
risk. A proprietary screening process is used to select ETFs and
tactically allocate among domestic, international and
non-correlated positions."
"The Fund's strong performance since its inception has also been
noted by investors, attracting fund flows over the years that have
pushed the Fund well over the $514
million-mark in assets under management (as of 5/9/24),"
Goodwin added.
"We congratulate Paul and the Tactical Growth Fund portfolio
management team of Brad Thompson,
CFA and Clayton Wilkin, CFA for reaching this significant milestone
and for achieving this enviable performance track record, which
really speaks for itself," he said.
For additional Fund performance information, portfolio holdings
and characteristics, please see the Tactical Growth Fund's website
page here:
https://northsquareinvest.com/strategies/tactical-growth-fund/
About North Square
Founded in 2018 and headquartered in Chicago, Illinois, North Square Investments is
an independent, multi-boutique investment firm dedicated to
delivering differentiated active investment strategies to the
market. North Square has an experienced senior management team
comprised of seasoned professionals, a board composed of industry
veterans including John Amboian,
Neil Cummins and Brian Gaffney, and is backed by Estancia Capital
Partners. As of March 31, 2024, North
Square had $1.47 billion of assets
under management in 11 mutual funds. With North Square's ownership
interests (majority and minority, respectively) in the distinctly
branded firms of CS McKee and Oak Ridge Investments, collective
assets under management and advisement totaled $12.26 billion. Learn more about North Square
Investments at northsquareinvest.com.
Principal Risks of Investing, Tactical Growth Fund: Risk is
inherent in all investing including an investment in the Fund. An
investment in the Fund involves risk, including, the following
principal risks, among others: Management and Strategy Risk, ETF
and Mutual Funds Risk, Market Risk, Sector Focus Risk, Equity Risk,
Growth-Oriented Investment Strategies Risk, Commodity Risk,
Currency Risk, Foreign Investment Risk, Fixed Income Securities
Risk, Interest Rate Risk, Credit Risk, Liquidity Risk, High Yield
("Junk") Bond Risk, Large-Cap Company Risk, Small Cap and Mid Cap
Company Risk, and Government Sponsored Entities Risk. Summary
descriptions of these and other principal risks of investing in the
Fund are set forth in the Fund's prospectus. Before you decide
whether to invest in the Fund, carefully consider these risks
associated with investing in the Fund, which may cause investors to
lose money. There can be no assurance that the Fund will achieve
its investment objective. An investment in the Fund is not a
deposit of the bank and is not insured or guaranteed by the Federal
Deposit Insurance Corporation or any other government agency.
Please see the Fund's prospectus for additional risk
disclosures.
Class I shares inception date is 5/3/2004. The Fund has adopted
the historical performance of the Stadion Tactical Growth Fund, a
former series of Stadion Investment Trust, as a result of a
reorganization consummated after the close of business on
June 11, 2021. Please see the Fund's
prospectus for additional information.
Before investing you should carefully consider the Fund's
investment objectives, risks, charges and expenses. This and other
information is in the prospectus, a copy of which may be obtained
by calling 855-551-5521. Please read the prospectus carefully
before you invest.
© 2024 Morningstar. All Rights Reserved. The information
contained herein: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is
not warranted to be accurate, complete or timely. Neither
Morningstar nor its content providers are responsible for any
damages or losses arising from any use of this information. Past
performance is no guarantee of future results.
The Morningstar Rating™ for funds, or "star rating", is
calculated monthly for managed products (including mutual funds,
variable annuity and variable life subaccounts, exchange-traded
funds, closed-end funds, and separate accounts) with at least a
three-year history. Exchange-traded funds and open-ended mutual
funds are considered a single population for comparative purposes.
It is calculated based on a Morningstar Risk-Adjusted Re-turn
measure that accounts for variation in a managed product's monthly
excess performance, placing more emphasis on downward variations
and rewarding consistent performance. The top 10% of products in
each product category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2
stars, and the bottom 10% receive 1 star. The Overall Morningstar
Rating for a managed product is derived from a weighted average of
the performance figures associated with its three-, five-, and
10-year (if applicable) Morningstar Rating metrics. The weights
are: 100% three-year rating for 36-59 months of total returns, 60%
five-year rating/40% three-year rating for 60-119 months of total
returns, and 50% 10-year rating/30% five-year rating/20% three-year
rating for 120 or more months of total returns. While the 10-year
overall star rating formula seems to give the most weight to the
10-year period, the most recent three-year period actually has the
greatest impact because it is included in all three rating periods.
The Ranking may reflect the waiver of all or a portion of the
fund's fees. Without such waiver, the Rankings may have been
lower.
Morningstar Rankings represent a fund's total return percentile
rank relative to all funds in the same Morningstar Category for the
same time period. The highest (or most favorable) percentile rank
is 1%, and the lowest (or least favorable) percentile rank is 100%.
It is based on Morningstar total return, which includes both income
and capital gains or losses and is not adjusted for sales charges
or redemption fees. The Ranking may reflect the waiver of all or a
portion of the fund's fees. Without such waiver, the Rankings may
have been lower.
Morningstar Ratings/Rankings are for the Class I shares only;
other classes may have different performance characteristics.
The Sharpe Ratio was developed by Economist William F. Sharpe in 1966 as a way to compare
the return of an investment with its risk. The Sharpe ratio divides
a portfolio's excess returns (those above an industry benchmark or
the risk-free rate of return) by a measure of its volatility to
assess the investment's risk-adjusted performance. A higher Sharpe
ratio is considered better when comparing similar portfolios.
Momentum investing is a strategy that seeks to capitalize on the
continuance of an existing market trend.
Correlation is a measure of how investments move in relation to
one another. A correlation of 1 means the two asset classes move
exactly in line with each other, while a correlation of -1 means
they move in the exact opposite direction.
Morningstar Tactical Allocation Category: Tactical Allocation
portfolios seek to provide capital appreciation and income by
actively shifting allocations across investments. These portfolios
have material shifts across equity regions, and bond sectors on a
frequent basis.
North Square is an independent investment adviser registered
under the Investment Advisers Act of 1940, as amended. Registration
does not imply a certain level of skill or training. Information
contained herein derives from third-party sources believed to be
reliable by the Adviser. However the accuracy and completeness
cannot be guaranteed.
Distributed by Foreside Fund Services, LLC.
Media Contact
Martin Gawne, North Square
Investments, (312) 857-2167, mgawne@northsquareinvest.com,
https://northsquareinvest.com/
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SOURCE North Square Investments