North Square Strategic Income Fund Achieves Major Milestone with Over $1 Billion in Assets

North Square Strategic Income Fund Surpasses $1 Billion in Net Assets

In a remarkable achievement for the investment community, the North Square Strategic Income Fund (ADVNX) has crossed the impressive threshold of $1 billion in net assets. This milestone has been driven by substantial inflows and exceptional fund performance, as reported by North Square Investments, the managing entity of the fund.

According to Mark Goodwin, Co-Founder and CEO of North Square, the considerable growth in assets is attributed to the fund's strong performance in both the short and long term. The results reflect the expertise of their sub-adviser, Red Cedar Investment Management, known for its skillful management of fixed-income portfolios.

The Strategic Income Fund has garnered attention with its Class I shares receiving praise from Morningstar. For the evaluation period that ended on February 28, 2026, it earned a stellar 5-star rating overall among 332 funds in the Multisector Bond category based on risk-adjusted performance. The ratings span various timeframes, with the fund achieving 5 stars over three years, five years, and even a decade.

In addition to its 5-star ratings, the fund has shown commendable Morningstar Percentile Rankings: 2nd, 3rd, 5th, and 12th for the 1, 3, 5, and 10-year periods respectively. This further emphasizes the fund's top-tier standing against its peers.

The fund's growth journey has been noteworthy; it experienced considerable increases in assets—from $229.64 million at the end of December 2024 to approximately $810.96 million by the close of 2025. As of the latest update on February 28, 2026, the fund boasts $1.07 billion in total assets, showcasing consistent and robust investor interest.

The investment strategy of the Strategic Income Fund primarily focuses on a diverse mix of high-quality global assets. This approach aims to yield high current income while producing excess returns with a reduced correlation to traditional asset classes. The fund actively seeks to outperform its benchmark, the Bloomberg U.S. Aggregate Bond Index.

Recently, this impressive performance was validated when the Strategic Income Fund was awarded the prestigious