North Square Altrinsic International Equity Fund Surpasses $100 Million in Assets

Chicago, IL (May 8, 2023) – The North Square Altrinsic International Equity Fund has surpassed $100 million in assets, propelled by inflows sparked by strong Fund performance, according to North Square Investments, the Fund’s investment adviser.

For the one year period ended March 31, 2023, the Altrinsic International Equity Fund’s Class I Shares (NSIVX) finished among the top 19% funds—or first quartile—in its Morningstar Foreign Large Blend category peer group, ranking 150th among 744 funds. (The Fund has not yet been in existence long enough to be ranked for other time periods. Rankings based on Morningstar total return.)

Past performance does not guarantee future results. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

“The investment objective of the North Square Altrinsic International Equity Fund is to provide long-term growth of capital,” said North Square CEO and Co-Founder Mark Goodwin. “We believe Altrinsic’s private equity approach to public equities results in a prudently concentrated portfolio of high-conviction, long-term investments with exposures that tend to be different from benchmark indices,” Goodwin continued. “We are delighted that investors have taken notice of this relatively young Fund’s strong performance results. Altrinsic has been managing its international equity strategy for over 22 years, and the North Square Altrinsic International Equity Fund shares the same investment approach and process,” he said.

The North Square Altrinsic International Equity Fund’s subadvisor is Altrinsic Global Advisors, LLC, a focused investment boutique founded in 2000 that specializes in the identification of investment opportunities among listed global equities. John Hock, CFA, John DeVita CFA, CPA, and Rich McCormick, CFA are the Fund’s portfolio managers.

Altrinsic Founder and Chief Investment Officer John Hock said, “By applying time-tested principles of fundamental, intrinsic value investing, we seek to capitalize on inefficiencies in the world’s public equity markets. We take a long-term view and leverage our in-depth fundamental analysis, global industry knowledge, diverse backgrounds, and distinctive cross-border perspectives to develop portfolios that prudently express our conviction”.

As of March 31, 2023, the North Square Altrinsic International Equity Fund’s total net assets were $103.73 million. For additional Fund performance information, portfolio holdings, and characteristics, please see the North Square Altrinsic International Equity Fund’s Fact Sheet.

North Square and John Hock discuss Altinsic Global Advisors’s investment approach and building high-conviction equity portfolios in our most recent podcast, which you can listen to here.

About Altrinsic Global Advisors

Altrinsic Global Advisors, LLC, founded in 2000, is an employee-controlled and majority-owned investment management firm. Altrinsic manages approximately $8.8 billion in global, international, and emerging markets equities, applying a long-term private equity approach to public equities. The firm was established with the belief that a focused, experienced, well-connected investment team with an uncompromising culture of teamwork and the pursuit of excellence has a sustainable competitive advantage in the investment management industry. Altrinsic’s clients include corporate and public pension plans, endowments, foundations, sovereign wealth funds, sub-advisory, and individual investors (in partnership with North Square Investments). Learn more about Altrinsic at www.altrinsic.com.

About North Square

Founded in 2018 and headquartered in Chicago, Illinois, North Square Investments is an independent, multi-boutique investment firm dedicated to delivering differentiated active investment strategies to the market. North Square has an experienced senior management team comprised of seasoned professionals, a board composed of industry veterans including John Amboian, Neil Cummins and Brian Gaffney, and is backed by Estancia Capital Partners. As of March 31, 2023, North Square had over $1.2 billion of assets under management in 12 mutual funds. With North Square’s ownership interests (majority and minority, respectively) in the distinctly branded firms of CS McKee and Oak Ridge Investments, collective assets under management and advisement totaled $10.5 billion. Learn more about North Square Investments at northsquareinvest.com.

Principal Risks of Investing, North Square Altrinsic International Equity Fund: Risk is inherent in all investing, including an investment in the Fund. An investment in the Fund involves risk, including the following principal risks, among others: Credit and Subordination Risk, Preferred Securities Risk, Hybrid Security Risk, Additional Tier 1 Securities Risk, Optionality Risk, Foreign Investments Risk, Rule 144A and Regulation S Securities Risk, Currency Risk, Emerging Markets Risk, Derivatives and Hedging Transactions Risk, and LIBOR Risk. Summary descriptions of these and other principal risks of investing in the Fund are set forth in the Fund’s prospectus. Before you decide whether to invest in the Fund, carefully consider these risk factors and special considerations associated with investing in the Fund, which may cause investors to lose money. There can be no assurance that the Fund will achieve its investment objective. An investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Please see the Fund’s prospectus for additional risk disclosures.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 855-551-5521. Please read the prospectus carefully before you invest.

The opinions contained herein are of North Square as of the date of this publication and are subject to change without notice.
Distributed by Compass Distributors, LLC. Compass Distributor LLC is not affiliated and does not distribute the separately managed accounts offered by Altrinsic.
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Morningstar Rankings represent a fund’s total return percentile rank relative to all funds in the same Morningstar Category for the same time period. The highest (or most favorable) percentile rank is 1%, and the lowest (or least favorable) percentile rank is 100%. It is based on Morningstar total return, which includes both income and capital gains or losses and is not adjusted for sales charges or redemption fees.

Media Contact:

Martin Gawne
(312) 857-2167
mgawne@northsquareinvest.com