ADVGX Performance — North Square Select Small Cap Fund (formerly North Square Advisory Research Small Cap Value Fund), Class I
Data updated: 2026-09-25
ADVGX returned +12.03% year to date and +29.17% over one year to May 2026. Annualised returns are +20.29% over 3 years and +9.80% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $174, against $156 for the category, and to $129 over one year, against $129. Volatility over the past three years was 21.30% a year. In the 12 months to May 2026 the fund lost a net $7.2M, and assets reached $21.19M.
ADVGX Growth of $100
What $100 invested in North Square Select Small Cap Fund (formerly North Square Advisory Research Small Cap Value Fund) grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | ADVGX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $129 | $129 |
| 3 years (Jun 2023 – May 2026) | $174 | $156 |
| 5 years (Jun 2021 – May 2026) | $160 | $140 |
| Since data start (Feb 2020 – May 2026) | $192 | $198 |
ADVGX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.03% |
| 1 year | +29.17% |
| 3 years (annualised) | +20.29% |
| 5 years (annualised) | +9.80% |
ADVGX Annual Returns
Calendar-year total returns of North Square Select Small Cap Fund (formerly North Square Advisory Research Small Cap Value Fund), compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.03% |
| 2025 | +7.15% |
| 2024 | +15.52% |
| 2023 | +20.87% |
| 2022 | −12.96% |
| 2021 | +29.87% |
| 2020 (Feb–Dec) | +1.60% |
ADVGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.4% | −2.1% | −4.7% | +6.4% | +7.0% | — | — | — | — | — | — | — |
| 2025 | +3.2% | −3.4% | −8.2% | −5.3% | +7.2% | +6.1% | +4.8% | +9.4% | −2.0% | −7.1% | +1.3% | +2.7% |
| 2024 | −3.4% | +4.9% | +5.8% | −7.8% | +6.7% | −3.5% | +10.1% | −0.9% | +1.8% | −0.2% | +11.5% | −8.3% |
| 2023 | +9.0% | −1.2% | −5.4% | −3.5% | −2.0% | +9.0% | +5.3% | −2.9% | −4.7% | −4.3% | +12.2% | +10.2% |
| 2022 | −6.8% | +6.0% | 0.0% | −9.1% | +1.6% | −9.8% | +8.1% | −3.0% | −8.6% | +12.0% | +3.4% | −4.6% |
| 2021 | −2.1% | +6.2% | +6.6% | +5.9% | +1.2% | −0.9% | +2.4% | +1.8% | −3.2% | +6.1% | −3.2% | +6.6% |
| 2020 | — | −9.6% | −18.9% | +11.5% | +2.3% | −1.0% | +1.9% | +6.3% | −2.9% | +0.5% | +11.6% | +4.0% |
ADVGX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 21.30%
- 3-year Sharpe ratio: 0.74 (vs 4.5% risk-free rate)
- Best month: +12.15% (Nov 2023)
- Worst month: −8.29% (Dec 2024)
ADVGX Fund Flows
Monthly money in and out of North Square Select Small Cap Fund (formerly North Square Advisory Research Small Cap Value Fund), from SEC Form N-PORT.
- 12-month net flow: −$7.2M
- 12-month gross sales (incl. reinvestments): $2.2M
- Sales ÷ redemptions: 0.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $7K | $619K | −$612K |
| Apr 2026 | $6K | $2.2M | −$2.2M |
| Mar 2026 | $37K | $601K | −$564K |
| Feb 2026 | $33K | $166K | −$134K |
| Jan 2026 | $3K | $2.0M | −$2.0M |
| Dec 2025 | $1.3M | $1.2M | $94K |
| Nov 2025 | $31K | $376K | −$345K |
| Oct 2025 | $171K | $1.2M | −$1.1M |
| Sep 2025 | $472K | $78K | $394K |
| Aug 2025 | $63K | $4 | $63K |
| Jul 2025 | $15K | $57K | −$42K |
| Jun 2025 | $4K | $801K | −$797K |
ADVGX Assets Under Management
Net assets of North Square Select Small Cap Fund (formerly North Square Advisory Research Small Cap Value Fund) by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $21.19M |
| 2026-02-28 | $22.91M |
| 2025-11-30 | $24.76M |
| 2025-08-31 | $27.97M |
| 2025-05-31 | $23.72M |
| 2025-04-30 | $22.42M |
| 2025-01-31 | $26.91M |
| 2024-10-31 | $25.50M |
| 2024-07-31 | $25.95M |
| 2024-04-30 | $23.78M |
| 2024-01-31 | $20.24M |
| 2023-10-31 | $17.08M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.