ORILX – North Square Multi Strategy A Investment Strategy | Morningstar

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Strategy

The investment seeks to provide capital appreciation. The fund is a "fund of funds" that seeks to achieve its investment objective by primarily investing in other mutual funds ("underlying funds"). It primarily invests in mutual funds managed by the fund's advisor but may also invest in unaffiliated mutual funds or exchange-traded funds ("ETFs") to gain exposure to asset classes not available through a fund managed by the Advisor. The fund is a multi-strategy fund that will invest directly or indirectly through underlying funds in equity securities and fixed income securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PORYX	North Square Multi Strategy Fund Class I	Institutional	Open			Aug 10, 2004	$8.28M	1.340%	High	$1M	−$757,344.08
ORILX	North Square Multi Strategy Fund Class A	Front Load	Open			Mar 1, 1999	$29.62M	1.530%	High	$1,000	−$2.22M

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