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NORTH SQUARE SPECTRUM ALPHA FUND
ORIYX (Mutual Fund)
NORTH SQUARE SPECTRUM ALPHA FUND
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
23.0%
1 yr return
32.3%
3 Yr Avg Return
5.1%
5 Yr Avg Return
10.5%
Net Assets
$83.7 M
Holdings in Top 10
100.1%
52 WEEK LOW AND HIGH
$11.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ORIYX - Profile
Distributions
- YTD Total Return 23.0%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.29%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNORTH SQUARE SPECTRUM ALPHA FUND
-
Fund Family NameOak Ridge Funds
-
Inception DateJan 03, 1994
-
Shares Outstanding3121290
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrad Thompson
Fund Description
The Fund is considered a “fund of funds” that invests primarily in affiliated mutual funds (the “underlying funds”) managed by the Adviser and its affiliates. Under normal conditions, through the underlying funds, the Fund is expected to indirectly invest in the equity securities of U.S. and foreign micro-cap, small, and mid-sized companies among others. The Fund uses a “blend” strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.
Securities in which an underlying fund may invest include, but are not limited to, common stocks, preferred stocks, securities of international companies include emerging market companies and developed countries through investments in exchange-traded funds (“ETFs”) and American Depositary Receipts (“ADRs”), and other similar depositary receipts, and other instruments with similar economic characteristics.
The Fund’s portfolio management team generally employs a bottom-up investment approach emphasizing long-term value. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
ORIYX - Performance
Return Ranking - Trailing
| Period | ORIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.0% | -1.0% | 40.8% | 11.24% |
| 1 Yr | 32.3% | 0.0% | 51.3% | 8.38% |
| 3 Yr | 5.1%* | -11.6% | 45.9% | 52.41% |
| 5 Yr | 10.5%* | -12.1% | 35.2% | 37.15% |
| 10 Yr | N/A* | -2.6% | 18.7% | 90.37% |
* Annualized
Return Ranking - Calendar
| Period | ORIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.0% | -19.9% | 29.0% | 0.76% |
| 2022 | -54.5% | -59.3% | 118.2% | 99.81% |
| 2021 | -2.4% | -31.6% | 39.3% | 84.38% |
| 2020 | 17.2% | -51.0% | 39.5% | 17.43% |
| 2019 | N/A | -5.6% | 37.8% | 46.53% |
Total Return Ranking - Trailing
| Period | ORIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.0% | -1.0% | 40.8% | 11.24% |
| 1 Yr | 32.3% | 0.0% | 51.3% | 8.38% |
| 3 Yr | 5.1%* | -11.6% | 45.9% | 52.41% |
| 5 Yr | 10.5%* | -12.1% | 35.2% | 37.15% |
| 10 Yr | N/A* | -2.6% | 18.7% | 89.53% |
* Annualized
Total Return Ranking - Calendar
| Period | ORIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.0% | -11.7% | 31.8% | 1.53% |
| 2022 | -26.9% | -45.2% | 123.7% | 98.85% |
| 2021 | 10.4% | 0.0% | 45.6% | 98.44% |
| 2020 | 30.2% | -50.5% | 46.9% | 0.60% |
| 2019 | N/A | 2.2% | 40.9% | 63.71% |
NAV & Total Return History
ORIYX - Holdings
Concentration Analysis
| ORIYX | Category Low | Category High | ORIYX % Rank | |
|---|---|---|---|---|
| Net Assets | 83.7 M | 555 K | 145 B | 86.31% |
| Number of Holdings | 5 | 2 | 2445 | 99.62% |
| Net Assets in Top 10 | 81.6 M | 124 K | 10.3 B | 47.53% |
| Weighting of Top 10 | 100.09% | 3.1% | 100.1% | 0.38% |
Top 10 Holdings
- North Square Dynamic Small Cap Fund 62.45%
- North Square Advisory Research Small Value Fund 24.50%
- North Square Kennedy MicroCap Fund 10.99%
- iShares Russell 2000 ETF 1.24%
- First American Treasury Obligations Fund 0.90%
Asset Allocation
| Weighting | Return Low | Return High | ORIYX % Rank | |
|---|---|---|---|---|
| Stocks | 99.19% | 4.44% | 107.74% | 27.95% |
| Cash | 0.90% | 0.00% | 27.02% | 67.30% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 74.52% |
| Other | 0.00% | -0.07% | 49.08% | 86.88% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 74.67% |
| Bonds | 0.00% | 0.00% | 102.81% | 75.86% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ORIYX % Rank | |
|---|---|---|---|---|
| Industrials | 18.75% | 2.46% | 37.42% | 30.19% |
| Technology | 17.27% | 0.00% | 43.95% | 16.54% |
| Healthcare | 14.02% | 0.00% | 26.53% | 44.81% |
| Financial Services | 13.03% | 0.00% | 35.52% | 88.46% |
| Consumer Cyclical | 12.72% | 0.99% | 47.79% | 24.04% |
| Energy | 6.98% | 0.00% | 37.72% | 30.19% |
| Communication Services | 5.18% | 0.00% | 14.85% | 6.73% |
| Basic Materials | 4.43% | 0.00% | 18.66% | 56.54% |
| Consumer Defense | 3.83% | 0.00% | 18.87% | 64.04% |
| Real Estate | 3.56% | 0.00% | 29.43% | 87.50% |
| Utilities | 0.24% | 0.00% | 18.58% | 87.12% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ORIYX % Rank | |
|---|---|---|---|---|
| US | 99.19% | 2.58% | 107.74% | 24.33% |
| Non US | 0.00% | 0.00% | 97.07% | 78.14% |
ORIYX - Expenses
Operational Fees
| ORIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.67% | 0.01% | 38.30% | 15.08% |
| Management Fee | 0.20% | 0.00% | 1.50% | 12.60% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | 14.59% |
Sales Fees
| ORIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ORIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
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.
| ORIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 8.00% | 1.00% | 314.00% | 3.31% |
ORIYX - Distributions
Dividend Yield Analysis
| ORIYX | Category Low | Category High | ORIYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 42.47% | 95.06% |
Dividend Distribution Analysis
| ORIYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| ORIYX | Category Low | Category High | ORIYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.29% | -2.40% | 2.49% | 3.27% |
Capital Gain Distribution Analysis
| ORIYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 22, 2022 | $4.531 | CapitalGainLongTerm |
| Dec 22, 2021 | $2.131 | OrdinaryDividend |
| Dec 21, 2020 | $1.883 | OrdinaryDividend |
| Dec 23, 2019 | $2.114 | CapitalGainLongTerm |
ORIYX - Fund Manager Analysis
Managers
Brad Thompson
Start Date
Tenure
Tenure Rank
Jan 11, 2022
0.38
0.4%
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
David Appleby
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.
Clayton Wilkin
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
