Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
16.8%
1 yr return
22.8%
3 Yr Avg Return
6.6%
5 Yr Avg Return
11.2%
Net Assets
$41.5 M
Holdings in Top 10
96.8%
Expense Ratio 1.56%
Front Load 5.75%
Deferred Load N/A
Turnover 15.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
In seeking to achieve the Funds investment objective, the Adviser has selected NSI Retail Advisors, LLC (the Sub-Adviser) to serve as the Funds investment sub-adviser and allocates the Funds assets to the Sub-Adviser. The Adviser retains the ability to manage all or a portion of the Funds assets directly.
The Fund is a fund of funds that seeks to achieve its investment objective by primarily investing in other mutual funds (underlying funds). The Fund invests primarily in mutual funds managed by North Square, the Funds investment adviser, but may also invest in unaffiliated mutual funds or exchange-traded funds (ETFs) to gain exposure to asset classes not available through a fund managed by the Adviser. In addition, the Fund may also invest directly in securities when the Sub-Adviser believes doing so is more likely to increase yield or enhance returns than investing in underlying funds.
The Fund is a multi-strategy fund that will invest directly or indirectly through underlying funds in the following asset classes:
● | Equity securities of U.S. and foreign companies (including emerging market companies) of any market capitalization, including common stock, preferred stock, warrants, rights and initial public offerings (IPOs). Exposure to equity securities of foreign companies may be through American and Global Depositary Receipts (ADRs and GDRs). |
● | Fixed income securities of U.S. and foreign issuers (including emerging market issuers) of any maturity and credit quality, including high-yield debt securities (often called junk bonds), investment grade debt securities, mortgage-related and other asset-backed securities, municipal bonds, U.S. Government securities, convertible securities, bank loans, inflation-linked investments and cash equivalents. |
As part of the Sub-Advisers multi-strategy investment process, the Funds investments are allocated among underlying funds based on an evaluation of three strategies: strategic asset allocation (generally, the weighting of allocations among broad asset classes to seek to capture market returns), tactical asset allocation (generally, the weighting of allocations to various sub-categories within broad asset classes to seek to add value relative to the general strategic allocations) and fund selection. Fund assets are invested in underlying funds with equity exposure across the small to large capitalization range, as well as across value and growth styles as well as core or blend styles which exhibit both growth and value characteristics. Fund assets may also be invested in underlying funds with exposure to fixed income securities issued by a variety of issuers and across a range of maturities and credit quality. Broad economic and market factors, as well as diversification and risk management, are considered in assessing the strategic and tactical components of the allocation. The analysis in selecting underlying funds includes an assessment of a funds past performance, volatility and other risk characteristics, and correlation with other funds and benchmarks. It also includes an assessment of the underlying funds investment strategies, investment process and portfolio management team.
The Fund does not have target ranges for the allocation of assets among asset classes or individual underlying funds and there is no maximum or minimum exposure that the Fund must maintain with respect to any asset class. Accordingly, the Funds exposure to different asset classes and underlying funds will be adjusted to take advantage of current or expected market conditions, or to manage risk. From time to time, the Fund may own a majority of the shares of an underlying fund managed by the Adviser. As of the date of this prospectus, the Fund intends to allocate substantially all of its assets among the North Square Dynamic Small Cap Fund, North Square Altrinsic International Equity Fund and North Square Preferred and Income Securities Fund, and expects to invest 25% or more of its assets in the North Square Dynamic Small Cap Fund and North Square Preferred and Income Securities Fund.
Period | ORILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.8% | 11.4% | 24.9% | 74.32% |
1 Yr | 22.8% | 14.5% | 40.0% | 70.49% |
3 Yr | 6.6%* | -6.6% | 10.2% | 30.39% |
5 Yr | 11.2%* | 1.9% | 14.7% | 32.52% |
10 Yr | N/A* | 1.4% | 12.8% | 27.56% |
* Annualized
Period | ORILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | -6.6% | 33.6% | 45.90% |
2022 | -43.4% | -44.4% | -9.8% | 98.90% |
2021 | 14.0% | -24.1% | 18.9% | 23.39% |
2020 | 17.0% | -10.9% | 60.4% | 19.63% |
2019 | N/A | 5.9% | 36.4% | 100.00% |
Period | ORILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.8% | 11.4% | 24.9% | 74.32% |
1 Yr | 22.8% | 14.5% | 40.0% | 70.49% |
3 Yr | 6.6%* | -6.6% | 10.2% | 30.39% |
5 Yr | 11.2%* | 1.9% | 14.7% | 32.52% |
10 Yr | N/A* | 1.4% | 12.8% | 47.44% |
* Annualized
Period | ORILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.0% | 1.4% | 34.9% | 58.47% |
2022 | -16.2% | -43.2% | -3.8% | 19.34% |
2021 | 21.1% | -24.1% | 26.7% | 7.60% |
2020 | 17.0% | -5.3% | 62.8% | 54.60% |
2019 | N/A | 12.4% | 52.6% | 24.24% |
ORILX | Category Low | Category High | ORILX % Rank | |
---|---|---|---|---|
Net Assets | 41.5 M | 10.9 M | 130 B | 96.17% |
Number of Holdings | 12 | 5 | 8145 | 77.60% |
Net Assets in Top 10 | 40.3 M | 7.75 M | 26.1 B | 92.35% |
Weighting of Top 10 | 96.85% | 20.0% | 106.4% | 32.79% |
Weighting | Return Low | Return High | ORILX % Rank | |
---|---|---|---|---|
Stocks | 99.00% | 0.00% | 100.04% | 44.81% |
Cash | 1.02% | 0.00% | 15.20% | 43.17% |
Convertible Bonds | 0.38% | 0.00% | 3.88% | 10.93% |
Preferred Stocks | 0.00% | 0.00% | 10.07% | 73.77% |
Other | 0.00% | -57.83% | 10.21% | 62.84% |
Bonds | 0.00% | 0.00% | 170.81% | 77.05% |
Weighting | Return Low | Return High | ORILX % Rank | |
---|---|---|---|---|
Technology | 21.25% | 1.75% | 32.38% | 34.07% |
Financial Services | 16.38% | 9.56% | 42.24% | 28.02% |
Healthcare | 14.40% | 2.06% | 19.02% | 32.42% |
Industrials | 11.51% | 1.80% | 14.87% | 29.67% |
Consumer Cyclical | 10.67% | 1.15% | 24.72% | 64.29% |
Consumer Defense | 7.29% | 0.47% | 14.80% | 24.73% |
Communication Services | 5.75% | 1.90% | 13.69% | 78.57% |
Energy | 4.26% | 0.00% | 31.98% | 47.80% |
Basic Materials | 3.64% | 0.00% | 8.62% | 67.03% |
Real Estate | 3.15% | 0.00% | 28.04% | 55.49% |
Utilities | 1.70% | 0.00% | 15.29% | 74.73% |
Weighting | Return Low | Return High | ORILX % Rank | |
---|---|---|---|---|
US | 99.00% | 0.00% | 100.04% | 43.17% |
Non US | 0.00% | 0.00% | 32.92% | 73.77% |
ORILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.56% | 0.23% | 3.92% | 19.67% |
Management Fee | 0.17% | 0.00% | 1.30% | 53.55% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.76% |
Administrative Fee | N/A | 0.01% | 0.28% | N/A |
ORILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.00% | 5.75% | 20.69% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
ORILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ORILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 0.18% | 300.02% | 31.76% |
ORILX | Category Low | Category High | ORILX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.98% | 0.00% | 8.81% | 57.38% |
ORILX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
ORILX | Category Low | Category High | ORILX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.44% | -0.65% | 5.31% | 96.11% |
ORILX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.184 | OrdinaryDividend |
Dec 22, 2022 | $6.594 | OrdinaryDividend |
Dec 22, 2021 | $1.476 | CapitalGainLongTerm |
Dec 23, 2019 | $1.190 | OrdinaryDividend |
Dec 07, 2018 | $8.375 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Prior to joining NSI Retail in 2021, Mr. Thompson served as Chief Investment Officer of the Stadion and has been a Portfolio Manager and an officer of the Stadion, serving in a supervisory role for portfolio management operations since 2006. Brad Thompson joined Stadion in 2006, bringing 20+ years of financial analysis, investment management, and fund management experience with him to Stadion, where he manages the Stadion Portfolio Management team. Prior to joining Stadion, Brad served as the Chief Investment Officer and Chief Financial Analyst for Global Capital Advisors. Brad has a Bachelor of Business Administration Degree in Finance from the University of Georgia, and also holds the Chartered Financial Analyst designation. Brad is a member of the CFA Institute and the Bermuda Society of Financial Analysts and also holds the Chartered Retirement Plan Specialist Designation. Brad has served on the board of the Executive Leadership Council for the American Cancer Society and on the Board of Trustees for the University of Georgia Terry College of Business Student Managed Investment Fund
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
David Appleby. Prior to joining NSI Retail in 2022, Mr. Appleby held senior risk management positions most recently at North Square Investments and Oak Ridge Investments, where he began his career in the investment industry in 2006. Mr. Appleby is a graduate of the University of Georgia with a bachelor’s degree in Economics. He received a Master’s Degree in Finance from the Illinois Institute of Technology and also holds the FRM® (Financial Risk Management) Certification.
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Clayton Wilkin, CFA. Prior to joining NSI Retail in 2021, Mr. Wilkin was a Portfolio Manager for Stadion Money Management and has served as a Portfolio Management Analyst, among other duties, since 2013. He has a Bachelor of Business Administration Degree in Finance from the University of Georgia and also holds the Chartered Financial Analyst designation.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 26.6 | 6.51 | 2.41 |
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