About ADVAX
North Square Strategic Income Fund Class A is a diversified mutual fund designed to provide high current income alongside long-term capital appreciation. The fund employs a flexible, multisector bond strategy, investing in a broad array of global income-producing assets such as high-quality bonds, preferred securities, convertibles, real estate investment trusts (REITs), high-dividend equities, high-yield debt, and select emerging market exposure. Its investment philosophy emphasizes risk management, quality, and diversification, with strict issuer and sector limits to help reduce volatility and downside risk. The fund actively shifts allocations using both macroeconomic and security-specific analysis, aiming to achieve returns less correlated to traditional equity and fixed income markets. Benchmarked against the Bloomberg U.S. Aggregate Bond Index, its approach targets excess returns per unit of risk and positions itself as an 'all-weather' solution suitable for various market cycles. Regular monthly income distributions and a focus on transparency further define its market role, serving investors seeking income with managed risk across changing global environments.
Fund Family North Square
Category Multisector Bond
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ADVAX
Share Class Class A
ADVAX had a total return of 5.63% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.19%.
