North Square Tactical Allocation A (ETFAX)

Fund Assets	597.19M
Expense Ratio	1.709%
Min. Investment	$1,000
Turnover	30.00%
Dividend (ttm)	0.02
Dividend Yield	0.11%
Dividend Growth	-82.46%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	19.34
YTD Return	9.81%
1-Year Return	11.26%
5-Year Return	47.83%
52-Week Low	16.71
52-Week High	19.66
Beta (5Y)	0.63
Holdings	8
Inception Date	Apr 1, 2013

About ETFAX

North Square Tactical Growth Fund Class A Shares is a mutual fund designed to pursue long-term capital appreciation. Its primary function is to tactically allocate assets among a diversified selection of exchange-traded funds (ETFs), including both actively managed and index-based ETFs, across domestic, international, and non-correlated markets. The fund leverages a proprietary screening process, emphasizing risk-adjusted return through daily Sharpe ratio analysis of thousands of ETFs. This approach enables dynamic adjustments to market conditions, allowing the fund to increase or reduce equity exposure in response to changing volatility and return profiles. Notably, the fund seeks to provide a defensive core equity strategy, aiming to manage market risk while maintaining growth potential. It typically holds 8–15 ETFs at any time and may take cash or cash-equivalent positions when investment opportunities are limited. The fund’s structure is intended to appeal to investors seeking an adaptive allocation model that responds to evolving financial environments. With a moderate allocation category and a long-term performance record, North Square Tactical Growth Fund Class A Shares plays a significant role for those seeking diversified equity exposure combined with systematic risk management in the mutual fund space.

• Fund Family: North Square
• Category: Tactical Allocation
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: ETFAX
• Share Class: Class A
• Index: Index is not available on Lipper Database

Performance

ETFAX had a total return of 11.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ETFOX	Class I	1.46%
ETFCX	Class C	2.46%

Top Holdings

Name	Symbol	Weight
Invesco QQQ Trust Series I	QQQ	18.33%
Vanguard Morningstar Growth ETF	VUG	16.33%
State Street® SPDR® S&P 500® ETF	n/a	15.72%
First American Treasury Obligs X	FXFXX	15.21%
Vanguard Morningstar Value ETF	VTV	12.57%
iShares Russell 2000 ETF	IWM	8.48%
iShares MSCI Eurozone ETF	EZU	8.15%
State Street Health Care Select Sector SPDR ETF	XLV	5.21%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.1937	Dec 19, 2025
Dec 20, 2024	$0.3406	Dec 20, 2024
Dec 22, 2023	$0.1073	Dec 22, 2023
Dec 22, 2022	$0.93047	Dec 22, 2022
Dec 22, 2021	$0.73175	Dec 22, 2021
Dec 30, 2019	$0.55308	Dec 30, 2019

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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