North Square Kennedy MicroCap Fund Celebrates First Anniversary
The North Square Kennedy MicroCap Fund has officially reached its first anniversary, achieving remarkable success by securing a number one percentile ranking within its Morningstar peer group category. This impressive milestone reflects the diligent efforts of North Square Investments, the effective investment adviser for the Fund.
As of the one-year period that concluded recently, the Fund's Class I shares, identified as NKMCX, ranked among the top 1% of funds in the Morningstar Small Blend category. Out of 609 competing funds, it proudly holds the premier position, showcasing exceptional total returns. Given that the Fund just started a year ago, this ranking marks a significant accomplishment in a brief time.
Investment Objective and Fund Management
The primary investment aim of the North Square Kennedy MicroCap Fund is to provide capital appreciation. The portfolio manager, Sean McMahon, brings more than 20 years of experience from Kennedy Capital Management, ensuring that the investment strategies are informed and skilled. As of late May, the Fund had total net assets of approximately $21.78 million, which more than doubled since its launch.
Mark Goodwin, Co-Founder and CEO of North Square, highlighted the disciplined and consistent investment processes in place at Kennedy Capital Management. For over 40 years, they have dedicated their efforts to generating returns across micro, small, and mid-cap domestic equity markets for their clients. This steadfast focus has been integral to the performance of the Fund.
Firm’s Insights on Performance and Investment Strategy
Donald Cobin, President and CEO of Kennedy Capital Management, expressed satisfaction with the Fund's performance in its inaugural year. He mentioned how a robust team of sector-specific analysts, led by their Chief Investment Officer, employs a meticulous, proprietary research methodology. This depth of specialization empowers them to exploit often overlooked opportunities, particularly in the micro-cap space. Cobin emphasized the potential for substantial value creation driven by small cap inefficiencies.
North Square Investments also celebrates the talent and success of their team members, including Sean and Donald, who have paved the way for this impressive performance record within just a year.
About North Square Investments
Founded in 2018 and based in Chicago, North Square Investments operates as an independent multi-boutique investment firm. Its mission is to deliver distinct and effective active investment strategies to the marketplace. With a seasoned senior management team and a board filled with industry veterans, North Square has positioned itself as a leader in the investment sector.
As of late May, the firm managed approximately $2.6 billion across 13 mutual funds, one closed-end fund, and one ETF. When combined with its interests in distinct firms such as CS McKee and Oak Ridge Investments, cumulative assets reached an impressive $15.6 billion. Investors are encouraged to explore more about North Square Investments through their official website.
Understanding the Risks
Every investment carries certain risks, and investing in the Kennedy MicroCap Fund is no exception. Investors should be aware of risks including equity risk, market risk, and specific risks tied to micro-cap and small-cap companies. Prospective investors should diligently review the prospectus associated with the Fund to comprehensively understand these and other investment risks.
Frequently Asked Questions
What is the North Square Kennedy MicroCap Fund?
The North Square Kennedy MicroCap Fund is an investment fund focused on capital appreciation through investments in micro, small, and mid-cap equities.
Who manages the North Square Kennedy MicroCap Fund?
Sean McMahon serves as the portfolio manager, bringing over 20 years of expertise from Kennedy Capital Management.
What milestones has the Fund achieved since its launch?
Since its inception, the Fund has ranked in the top 1% of its category in terms of total returns, more than doubling its assets within a year.
How can I find more information about the Fund's performance?
For the latest performance results, investors can visit the North Square Investments website or call their customer support for guidance.
What are the risks associated with investing in this Fund?
Investing in the Fund involves various risks, including equity risks and market fluctuations, which potential investors should carefully analyze before proceeding.
