North Square Multi Strategy Fund (ORILX)
The fund is a "fund of funds" that seeks to achieve its investment objective by primarily investing in other mutual funds ("underlying funds"). It primarily invests in mutual funds managed by the fund's advisor 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 Advisor. The fund is a multi-strategy fund that will invest directly or indirectly through underlying funds in equity securities and fixed income securities.
Fund Info
ISIN | US66263L7001 |
---|---|
CUSIP | 66263L700 |
Issuer | North Square |
Inception Date | Feb 28, 1999 |
Category | Diversified Portfolio |
Min. Investment | $1,000 |
Asset Class | Multi-Asset |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
ORILX has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
North Square Multi Strategy Fund had a return of 3.62% year-to-date (YTD) and 19.91% in the last 12 months. Over the past 10 years, North Square Multi Strategy Fund had an annualized return of 9.23%, while the S&P 500 had an annualized return of 10.64%, indicating that North Square Multi Strategy Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.62% | 7.50% |
1 month | -1.25% | -1.61% |
6 months | 15.07% | 17.65% |
1 year | 19.91% | 26.26% |
5 years (annualized) | 9.13% | 11.73% |
10 years (annualized) | 9.23% | 10.64% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.25% | 2.69% | 3.41% | -3.88% | ||||||||
2023 | -3.63% | 8.31% | 6.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ORILX is 75, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
North Square Multi Strategy Fund(ORILX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for North Square Multi Strategy Fund (ORILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
North Square Multi Strategy Fund granted a 1.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.18 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|---|
Dividend | $0.18 | $0.18 | $6.59 | $1.48 | $0.00 | $1.19 | $8.37 |
Dividend yield | 1.11% | 1.15% | 47.96% | 6.08% | 0.00% | 6.54% | 54.03% |
Monthly Dividends
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.59 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 |
2018 | $8.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 54.27%, occurring on Mar 9, 2009. Recovery took 1092 trading sessions.
The current North Square Multi Strategy Fund drawdown is 2.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-54.27% | Oct 10, 2007 | 354 | Mar 9, 2009 | 1092 | Jul 11, 2013 | 1446 |
-37.92% | Feb 2, 2001 | 523 | Mar 11, 2003 | 1038 | Apr 27, 2007 | 1561 |
-32.14% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
-22.73% | Nov 8, 2021 | 226 | Sep 30, 2022 | 352 | Feb 27, 2024 | 578 |
-22.6% | Aug 30, 2018 | 80 | Dec 24, 2018 | 234 | Nov 27, 2019 | 314 |
Volatility
Volatility Chart
The current North Square Multi Strategy Fund volatility is 3.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.