North Square Funds Surpass $2 Billion in Assets; Lowers Management Fee on Five-Star Strategic Income Fund (ADVNX) [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
Along with the growth in assets, North Square said it was lowering the management fee on one of its most popular mutual funds, the North Square Strategic Income Fund (ADVNX). CHICAGO Dec. 20, 2024 /PRNewswire-PRWeb/ -- North Square Investments (North Square), a multi-boutique manager with a range of product offerings, announced its mutual fund family has surpassed $2 billion in assets. Along with the growth in assets, North Square said it was lowering the management fee on one of its most popular mutual funds, the North Square Strategic Income Fund (ADVNX) from 70 basis points to 56 basis points. Further, the Fund's Total Expense Ratio is being lowered from 0.91% to 0.68%, effective January 1, 2025 "Our mutual fund asset growth this year has been propelled by inflows sparked by strong Fund performance across our product offerings," said North Square Co-Founder and Chief Executive Officer Mark Goodwin "This growth in assets, in turn, is helping our fund complex to achieve certa
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