ORIYX Performance — North Square Spectrum Alpha Fund, Class I
Data updated: 2026-09-25
ORIYX returned +15.81% year to date and +36.35% over one year to May 2026. Annualised returns are +21.45% over 3 years and +7.31% over 5 years. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $179, against $147 for the category, and to $136 over one year, against $119. Volatility over the past three years was 19.86% a year. In the 12 months to May 2026 the fund lost a net $18.1M, and assets reached $72.54M.
ORIYX Growth of $100
What $100 invested in North Square Spectrum Alpha Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | ORIYX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $136 | $119 |
| 3 years (Jun 2023 – May 2026) | $179 | $147 |
| 5 years (Jun 2021 – May 2026) | $142 | $136 |
| Since data start (Mar 2020 – May 2026) | $209 | $173 |
ORIYX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.81% |
| 1 year | +36.35% |
| 3 years (annualised) | +21.45% |
| 5 years (annualised) | +7.31% |
ORIYX Annual Returns
Calendar-year total returns of North Square Spectrum Alpha Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +15.81% |
| 2025 | +9.70% |
| 2024 | +15.34% |
| 2023 | +25.02% |
| 2022 | −26.84% |
| 2021 | +10.41% |
| 2020 (Mar–Dec) | +41.56% |
ORIYX 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 | +5.0% | −0.2% | −4.0% | +10.9% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +4.0% | −4.4% | −7.7% | −3.2% | +5.0% | +4.7% | +2.1% | +9.0% | −0.8% | −1.3% | +1.4% | +1.8% |
| 2024 | −2.9% | +4.3% | +4.5% | −5.7% | +5.5% | −1.5% | +9.7% | −0.7% | +1.5% | −1.5% | +10.8% | −7.8% |
| 2023 | +9.5% | −0.4% | −3.7% | −1.6% | −1.0% | +8.7% | +5.1% | −3.1% | −5.5% | −6.5% | +12.1% | +11.4% |
| 2022 | −16.6% | +0.4% | +0.5% | −9.3% | 0.0% | −9.0% | +8.8% | −2.3% | −8.2% | +11.7% | +2.1% | −5.4% |
| 2021 | 0.0% | +3.9% | −1.8% | +6.2% | −4.1% | +3.0% | +1.6% | +2.3% | −3.5% | +6.1% | −4.7% | +1.6% |
| 2020 | — | — | −18.6% | +13.6% | +10.6% | +4.8% | +7.1% | +4.1% | −2.2% | +1.1% | +12.3% | +6.6% |
ORIYX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 19.86%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +12.10% (Nov 2023)
- Worst month: −7.75% (Dec 2024)
ORIYX Fund Flows
Monthly money in and out of North Square Spectrum Alpha Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.1M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $83K | $1.2M | −$1.1M |
| Apr 2026 | $144K | $6.4M | −$6.3M |
| Mar 2026 | $670K | $2.2M | −$1.5M |
| Feb 2026 | $112K | $1.1M | −$959K |
| Jan 2026 | $115K | $910K | −$795K |
| Dec 2025 | $124K | $1.7M | −$1.6M |
| Nov 2025 | $189K | $1.1M | −$917K |
| Oct 2025 | $245K | $1.7M | −$1.4M |
| Sep 2025 | $251K | $1.6M | −$1.3M |
| Aug 2025 | $129K | $982K | −$852K |
| Jul 2025 | $131K | $823K | −$692K |
| Jun 2025 | $344K | $1.0M | −$666K |
ORIYX Assets Under Management
Net assets of North Square Spectrum Alpha Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $72.54M |
| 2026-02-28 | $74.87M |
| 2025-11-30 | $73.32M |
| 2025-08-31 | $77.58M |
| 2025-05-31 | $68.75M |
| 2025-02-28 | $76.08M |
| 2024-11-30 | $87.05M |
| 2024-08-31 | $81.54M |
| 2024-05-31 | $81.76M |
| 2024-02-29 | $83.67M |
| 2023-11-30 | $77.99M |
| 2023-08-31 | $81.39M |
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.