North Square Strategic Income Fund Class A (ADVAX)

Overview

The fund is designed to achieve its investment objectives through a diversified strategy, focusing primarily on preferred securities and other income-generating instruments. By diversifying its portfolio across a broad range of asset classes, including convertible securities, debt securities, mortgage-backed securities, and more, the fund aims to provide investors with a steady stream of income. By investing in a mix of direct securities and indirect investments through REITs and ETFs, the fund positions itself to capture income from various sectors of the market. Its strategy reflects a mix of direct investment in income-generating securities and strategic allocations to different investment vehicles, seeking to balance risk and return under normal market conditions.

Products and Services

• Preferred Securities

  Investing primarily in preferred securities represents the fund's core strategy to achieve income. Preferred securities often offer higher dividend yields than common stocks, making them an attractive option for income-focused investors.

• Debt Securities

  Debt securities, including bonds and notes issued by corporations and governments, form a significant part of the fund's investment portfolio. This class of investments provides regular interest payments, contributing to the fund's objective of generating income.

• Convertible Securities

  The fund includes convertible securities, which can be converted into a predetermined number of another type of security, typically shares of the issuing company's stock. Convertibles combine the security of a bond with the potential for capital appreciation, making them versatile income-generating instruments.

• Mortgage-Backed and Asset-Backed Securities

  Investing in mortgage-backed securities (MBS) and asset-backed securities (ABS) allows the fund to diversify its income sources. These securities are backed by pools of assets, providing regular payments derived from underlying assets like mortgages or loans.

• Common Stocks

  While primarily focused on income-generating investments, the fund also selectively invests in common stocks. This allocation can provide potential for capital appreciation, alongside dividend income, contributing to the overall performance of the fund.

• Derivatives

  The use of derivatives complements the fund's investment strategy, offering the potential for income generation and risk management. Derivatives can include options, futures, and swaps, providing flexibility in the fund's approach to achieving its objectives.

• Real Estate Investment Trusts (REITs)

  REITs offer the fund exposure to the real estate market, allowing investors to gain income from property investments without direct ownership. REITs often distribute a significant portion of their taxable income as dividends, aligning with the fund's income-oriented investment philosophy.

• Securities of Other Investment Companies

  The fund invests in securities of other investment companies, including closed-end funds and exchange-traded funds (ETFs). This provides additional diversification and access to a wide array of income-generating assets across various sectors and geographical regions.