North Square Tactical Growth A (ETFAX)
| Fund Assets | 616.27M |
| Expense Ratio | 1.69% |
| Min. Investment | $1,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 0.96% |
| Dividend Growth | -43.13% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 19.08 |
| YTD Return | 7.82% |
| 1-Year Return | 16.68% |
| 5-Year Return | 45.35% |
| 52-Week Low | 16.38 |
| 52-Week High | 19.29 |
| 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.
Performance
ETFAX had a total return of 16.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.75%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 22.98% |
| Invesco QQQ Trust Series I | QQQ | 17.23% |
| Vanguard Growth ETF | VUG | 16.34% |
| State Street® SPDR® S&P 500® ETF | n/a | 15.68% |
| Vanguard Value ETF | VTV | 12.36% |
| iShares MSCI Eurozone ETF | EZU | 8.09% |
| iShares 3-7 Year Treasury Bond ETF | IEI | 3.78% |
| iShares MSCI Canada ETF | EWC | 3.53% |
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 |