NKMCX Performance — North Square Kennedy MicroCap Fund, Class I
Data updated: 2026-09-25
NKMCX returned +17.56% year to date and +41.74% over one year to May 2026. Over one year the fund beat its US Small Blend category average: $100 grew to $142, against $132 for the category. Volatility over the past 12 months was 15.31% a year. In the 12 months to May 2026 the fund took in a net $4.1M, and assets reached $32.95M.
NKMCX Growth of $100
What $100 invested in North Square Kennedy MicroCap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | NKMCX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $142 | $132 |
| Since data start (Jun 2024 – May 2026) | $169 | $133 |
NKMCX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.56% |
| 1 year | +41.74% |
| 3 years (annualised) | +30.07% |
NKMCX Annual Returns
Calendar-year total returns of North Square Kennedy MicroCap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +17.56% |
| 2025 | +19.85% |
| 2024 (Jun–Dec) | +20.07% |
NKMCX 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 | +5.2% | +1.6% | −4.3% | +11.1% | +3.4% | — | — | — | — | — | — | — |
| 2025 | +4.8% | −1.5% | −8.0% | −1.9% | +6.7% | +5.3% | +2.0% | +10.0% | −1.7% | +0.2% | +1.5% | +2.0% |
| 2024 | — | — | — | — | — | 0.0% | +9.4% | +1.7% | −0.3% | +0.4% | +12.8% | −4.5% |
NKMCX Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 15.31%
- Best month: +11.15% (Apr 2026)
- Worst month: −4.31% (Mar 2026)
NKMCX Fund Flows
Monthly money in and out of North Square Kennedy MicroCap Fund, from SEC Form N-PORT.
- 12-month net flow: $4.1M
- 12-month gross sales (incl. reinvestments): $12.6M
- Sales ÷ redemptions: 1.48×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $556K | $340K | $216K |
| Apr 2026 | $682K | $1.4M | −$676K |
| Mar 2026 | $1.2M | $532K | $697K |
| Feb 2026 | $384K | $30K | $354K |
| Jan 2026 | $2.6M | $86K | $2.5M |
| Dec 2025 | $3.2M | $802K | $2.4M |
| Nov 2025 | $264K | $257K | $7K |
| Oct 2025 | $543K | $109K | $434K |
| Sep 2025 | $384K | $4.9M | −$4.6M |
| Aug 2025 | $521K | $32K | $489K |
| Jul 2025 | $235K | $54K | $181K |
| Jun 2025 | $2.1M | $5K | $2.1M |
NKMCX Assets Under Management
Net assets of North Square Kennedy MicroCap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $32.95M |
| 2026-02-28 | $29.73M |
| 2025-11-30 | $24.63M |
| 2025-08-31 | $28.76M |
| 2025-05-31 | $21.78M |
| 2025-02-28 | $12.63M |
| 2024-11-30 | $12.46M |
| 2024-08-31 | $11.03M |
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.