North Square Multi Strategy Fund (ORILX)

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The chart shows the growth of an initial investment of $10,000 in North Square Multi Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

North Square Multi Strategy Fund (ORILX) has returned -3.49% so far this year and 9.85% over the past 12 months. Over the last ten years, ORILX has returned 9.50% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Feb 26, 1999, ORILX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was Oct 2011 with a return of +12.3%, while the worst month was Oct 2008 at -15.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ORILX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +11.1%, while the worst single day was Mar 16, 2020 at -11.1%.

North Square Multi Strategy Fund has an annualized alpha of 0.63%, beta of 0.86, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since March 01, 1999.

• This fund participated in 87.64% of S&P 500 Index downside but only 86.17% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 0.86 and R² of 0.91, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ORILX has an expense ratio of 0.79%, placing it in the medium range.

ORILX ranks 32 for risk / return — below 32% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for North Square Multi Strategy Fund (ORILX) and compare them to a chosen benchmark (S&P 500 Index).

North Square Multi Strategy Fund provided a 11.91% dividend yield over the last twelve months, with an annual payout of $2.04 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for North Square Multi Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the North Square Multi Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the North Square Multi Strategy Fund was 50.59%, occurring on Mar 9, 2009. Recovery took 996 trading sessions.

The current North Square Multi Strategy Fund drawdown is 7.30%.

The chart below shows the rolling one-month volatility.