North Square Fund Achieves Notable Recognition
The North Square Preferred and Income Securities Fund (ORDNX) has received considerable acclaim by winning a prestigious recognition for exceptional performance in investment management. This award is a testament to the fund's relentless pursuit of risk-adjusted returns, evident in its impressive standings over three, five, and ten-year periods. Fund managers have successfully navigated turbulent market conditions, showcasing their dedication to delivering strong results for investors.
Performance Insights Under Competition
The LSEG Lipper Fund Awards recognized the North Square Preferred and Income Securities Fund as a winner in its category from a pool of 22 Flexible Income Funds evaluated over the past years. Competition was fierce, with only the top funds earning accolades for their performance against industry peers. This acknowledgment reflects the fund's commitment to maintain high standards and deliver reliable returns to its stakeholders.
Expert Commentary on Market Dynamics
Otto Christian Kober, the Head of Lipper Research, highlighted the challenges faced by fund managers in the recent past. His remarks shed light on how investment professionals have adapted to unpredictable market landscapes, including economic downturns and high inflation rates. Kober stated that such an extraordinary series of events has made it particularly difficult to achieve intended investment outcomes, which makes the accomplishments of these funds extraordinary.
Commitment to Consistency
Kober emphasized the importance of consistency amid global market disruptions, praising the North Square Preferred and Income Securities Fund for its outstanding performance. The fund has effectively provided comfort and reliability to investors through unpredictable financial climates, proving its worth as a steadfast choice for income generation.
Insight into Investment Strategy
Red Cedar Investment Management serves as the sub-advisor for the North Square Preferred and Income Securities Fund, bringing a wealth of expertise to the investment team. Located in key financial hubs, Red Cedar focuses on formulating strategies that cater to diverse client needs, emphasizing high-quality income-generating opportunities. The firm’s strong foundation enhances the capabilities of the fund, as they employ well-researched investment strategies in managing a portfolio full of preferred securities.
Celebrating Achievements in Investment Management
Mark Goodwin, CEO and Co-Founder of North Square, congratulated the entire investment management team at Red Cedar for their significant achievement in securing this award. This recognition is not only a celebration of past performance but also a reflection of a robust framework which lays the groundwork for future success. Goodwin underlined the experience of his team, many of whom have collaborated for over 20 years, which strengthens the management of the fund.
Understanding the Fund Awards
The LSEG Lipper Fund Awards are designed to underscore funds that attain outstanding and consistent risk-adjusted performance compared to their counterparts. With rigorous evaluation criteria, these awards are based on a quantifiable analysis of performance over various investment periods. Thus, obtaining this honor signifies that the North Square Preferred and Income Securities Fund stands tall in a competitive industry.
About North Square Investments
Founded in 2018 and based in Chicago, North Square Investments positions itself as a multi-boutique investment firm dedicated to innovative active investment strategies. Since its establishment, the firm has attracted significant assets under management across various mutual funds, closed-end funds, and ETFs. Furthermore, North Square's partnerships with established firms amplify its market presence, furthering its goal to provide top-notch financial solutions to clients.
Frequently Asked Questions
What is the North Square Preferred and Income Securities Fund?
The North Square Preferred and Income Securities Fund (ORDNX) is an investment fund focused on delivering consistent risk-adjusted returns through preferred securities and flexible income strategies.
Why did the fund win the LSEG Lipper Fund Award?
The fund was recognized for its exceptional performance relative to its peers over three, five, and ten-year periods, demonstrating consistent risk management and investment strategy.
How long has North Square Investments been operating?
North Square Investments was founded in 2018, making it a relatively new player in the investment management industry focused on innovative strategies.
What does Red Cedar Investment Management do?
Red Cedar Investment Management is the sub-advisor for the North Square Preferred and Income Securities Fund, providing expert investment strategies focused on high-quality income-generating opportunities.
What is the significance of the LSEG Lipper Fund Awards?
The awards highlight the top-performing funds that consistently deliver solid risk-adjusted returns, based on rigorous quantitative assessments over time, helping investors make informed decisions.
