North Square Tactical Defensive Fund Class A (ETFRX)

Fund Assets	56.70M
Expense Ratio	2.07%
Min. Investment	$1,000
Turnover	296.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	17.56
YTD Return	5.59%
1-Year Return	9.48%
5-Year Return	27.43%
52-Week Low	15.62
52-Week High	18.83
Beta (5Y)	n/a
Holdings	7
Inception Date	Sep 15, 2006

About ETFRX

The fund invests primarily in and allocates its investments primarily between fund investments that the Sub-Adviser believes have the potential for capital appreciation and Cash Positions. The "fund investments" include actively managed and index-based ETFs, mutual funds and other investment companies. "Cash Positions" include cash and short-term, highly liquid investments, such as money market instruments, U.S. government obligations, commercial paper, repurchase agreements, and other cash or cash equivalent positions.

• Fund Family: North Square
• Category: Tactical Allocation
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ETFRX
• Index: Index is not available on Lipper Database

Performance

ETFRX had a total return of 9.48% in the past year. Since the fund's inception, the average annual return has been 4.18%, including dividends.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ETFWX	Class I	1.82%
ETFZX	Class C	2.82%

Top 10 Holdings

100.00% of assets

Name	Symbol	Weight
SPDR Portfolio S&P 500 ETF	SPLG	26.17%
SPDR® S&P 500® ETF Trust	n/a	25.52%
Invesco QQQ Trust Series I	QQQ	24.15%
SPDR Portfolio Developed World ex-US ETF	SPDW	14.74%
SPDR Portfolio Emerging Markets ETF	SPEM	5.25%
SPDR Portfolio S&P 600 Small Cap ETF	SPSM	2.92%
First American Treasury Obligs X	FXFXX	1.24%