|
Latest Quarter |
Year to Date |
1 Year |
3 Years |
5 Years |
10 Years |
Since Inception* |
| Class I |
7.17% |
8.45% |
11.62% |
-1.26% |
-1.45% |
1.59% |
1.82% |
| Bloomberg US Agg Bond Index |
5.20% |
4.45% |
11.57% |
-1.39% |
0.33% |
1.84% |
1.94% |
| HRFX Absolute Return Index |
1.22% |
4.04% |
5.42% |
2.70% |
2.85% |
2.20% |
2.31% |
*Performance data shown for 2012 represents a partial year, from the fund’s inception 4/2/12 through 12/31/12. Class I Shares Inception date 4/2/2012.
Effective September 27, 2024, the Fund made certain changes to its principal investment strategies, including the modification of the strategies to invest, under normal circumstances, primarily in investment grade debt securities. Prior to September 27, 2024, the Fund invested across multiple investment strategies and investment techniques that were designed to generate return and manage risk exposure across varying market conditions by employing three separate investment styles. Accordingly, the performance shown above for periods prior to September 27, 2024, is based on the Fund’s prior principal investment strategies and may not be representative of the Fund’s performance under its current principal investment strategies. Effective September 27, 2024, the Fund converted Class A and Class C shares into Class I shares.
The Fund has adopted the historical performance of the Stadion Trilogy Alternative Return Fund (the “Predecessor Fund”), a former series of Stadion Investment Trust, as a result of a reorganization consummated after the close of business on June 11, 2021 (“Reorganization”), in which the Fund acquired all of the assets, subject to the liabilities, of the Predecessor Fund. The performance information presented below for periods prior to the Reorganization reflects the performance of the Predecessor Fund. At the time of the Reorganization, the Fund and the Predecessor Fund had substantially similar investment strategies. Prior to the Reorganization, the Fund was a “shell” fund with no assets and had not yet commenced operations.
The Bloomberg US Aggregate Bond Index, the Fund’s primary regulatory benchmark index, is a broad base, market capitalization-weighted bond market index representing intermediate term investment grade bonds traded in the United States. The index is frequently used by investors as a “stand-in” for measuring the performance of the US bond market.
The HFRX Absolute Return Index is designed to be representative of the overall composition of the hedge fund universe. It is comprised of all eligible hedge fund strategies; including but not limited to convertible arbitrage, distressed securities, equity hedge, equity market neutral, event driven, macro, merger arbitrage, and relative value arbitrage. One cannot invest directly in an index. The indexes are shown for comparative purposes only.
Current performance may be lower or higher than the performance data quoted. The performance data quoted represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Call 855-551-5521 or visit northsquareinvest.com for the most recent month-end performance results.
Distributed by Foreside Fund Services, LLC. Member FINRA.
