PORYX Performance — North Square Multi Strategy Fund, Class I
Data updated: 2026-09-25
PORYX returned +7.76% year to date and +19.51% over one year to May 2026. Annualised returns are +16.04% over 3 years and +8.22% over 5 years. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $156, against $147 for the category, and to $120 over one year, against $119. Volatility over the past three years was 11.49% a year. In the 12 months to May 2026 the fund lost a net $1.1M, and assets reached $39.11M.
PORYX Growth of $100
What $100 invested in North Square Multi Strategy 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 | PORYX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $119 |
| 3 years (Jun 2023 – May 2026) | $156 | $147 |
| 5 years (Jun 2021 – May 2026) | $148 | $136 |
| Since data start (Mar 2020 – May 2026) | $212 | $173 |
PORYX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.76% |
| 1 year | +19.51% |
| 3 years (annualised) | +16.04% |
| 5 years (annualised) | +8.22% |
PORYX Annual Returns
Calendar-year total returns of North Square Multi Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +7.76% |
| 2025 | +12.45% |
| 2024 | +12.40% |
| 2023 | +18.32% |
| 2022 | −15.97% |
| 2021 | +21.61% |
| 2020 (Mar–Dec) | +28.81% |
PORYX 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 | +2.1% | +1.5% | −4.8% | +6.4% | +2.7% | — | — | — | — | — | — | — |
| 2025 | +2.8% | −0.7% | −3.3% | −0.8% | +3.6% | +3.1% | +0.4% | +3.8% | +1.5% | +0.1% | +1.1% | +0.5% |
| 2024 | −0.2% | +2.7% | +3.4% | −3.9% | +3.9% | −0.1% | +4.4% | +1.3% | +1.5% | −1.9% | +5.1% | −4.0% |
| 2023 | +6.8% | −1.7% | −1.1% | +0.7% | −1.3% | +5.6% | +3.8% | −2.1% | −3.8% | −3.6% | +8.3% | +6.4% |
| 2022 | −6.2% | −1.8% | +1.1% | −6.9% | +0.2% | −7.3% | +6.8% | −2.7% | −6.9% | +7.0% | +4.2% | −3.5% |
| 2021 | +1.7% | +2.2% | +2.1% | +4.0% | +0.5% | +2.1% | +1.1% | +2.5% | −4.6% | +5.8% | −1.6% | +4.2% |
| 2020 | — | — | −13.1% | +11.2% | +5.7% | +2.6% | +4.6% | +5.9% | −3.2% | −1.6% | +10.7% | +5.1% |
PORYX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 11.49%
- 3-year Sharpe ratio: 1.00 (vs 4.5% risk-free rate)
- Best month: +8.34% (Nov 2023)
- Worst month: −4.83% (Mar 2026)
PORYX Fund Flows
Monthly money in and out of North Square Multi Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.1M
- 12-month gross sales (incl. reinvestments): $4.9M
- Sales ÷ redemptions: 0.81×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $57K | $387K | −$330K |
| Apr 2026 | $58K | $598K | −$540K |
| Mar 2026 | $72K | $545K | −$473K |
| Feb 2026 | $66K | $720K | −$654K |
| Jan 2026 | $120K | $705K | −$585K |
| Dec 2025 | $3.9M | $648K | $3.3M |
| Nov 2025 | $50K | $374K | −$324K |
| Oct 2025 | $142K | $651K | −$509K |
| Sep 2025 | $37K | $281K | −$245K |
| Aug 2025 | $106K | $423K | −$317K |
| Jul 2025 | $118K | $161K | −$43K |
| Jun 2025 | $129K | $487K | −$357K |
PORYX Assets Under Management
Net assets of North Square Multi Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $39.11M |
| 2026-02-28 | $38.99M |
| 2025-11-30 | $39.37M |
| 2025-08-31 | $39.44M |
| 2025-05-31 | $37.42M |
| 2025-02-28 | $40.72M |
| 2024-11-30 | $42.33M |
| 2024-08-31 | $41.58M |
| 2024-05-31 | $40.50M |
| 2024-02-29 | $41.46M |
| 2023-11-30 | $40.86M |
| 2023-08-31 | $41.46M |
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.