#United States #Chicago #Morningstar #North Square #Kennedy MicroCap

North Square Kennedy MicroCap Fund Marks First Anniversary

On June 25, 2025, the North Square Kennedy MicroCap Fund celebrated its first anniversary, marking an impressive milestone by ranking in the top 1% of its Morningstar peer group category. This outstanding achievement highlights the fund's robust performance in the competitive landscape of micro-cap investment.

According to data released by North Square Investments, which serves as the Fund's investment adviser, the North Square Kennedy MicroCap Fund Class I shares (NKMCX) excelled in the one-year period ending June 10, 2025. Ranking first among 609 funds in its Morningstar Small Blend category, the fund demonstrated its capability to deliver strong returns to investors right from its inception.

Launched on June 10, 2024, the Fund has rapidly established a reputation for superior performance, even within its short history. As of May 31, 2025, the total net assets of the North Square Kennedy MicroCap Fund reached approximately $21.78 million, more than double the amount when it launched, reflecting a significant inflow of investor confidence and assets.

Investment Strategy and Management

Led by Sean McMahon, who has over 20 years of experience at Kennedy Capital Management, the Fund's investment strategy focuses on capital appreciation in the micro, small, and mid-cap U.S. equity markets. This investment approach is backed by a disciplined, consistent process developed over four decades by Kennedy Capital.

Mark Goodwin, Co-Founder and CEO of North Square, expressed satisfaction with the Fund's initial performance, emphasizing the rigorous methodology employed by the team. "Utilizing a detailed, bottom-up proprietary research process and a diverse team of a dozen sector-specific analysts, we believe that we can consistently identify and leverage overlooked opportunities within the market," Goodwin stated.

Donald Cobin, CFA® and President of Kennedy Capital Management, echoed these sentiments, remarking on the specialized nature of their research, which can amplify small-cap inefficiencies in the micro-cap space and thus provide enhanced opportunities for value creation. Cobin noted, "The level of specialization in our approach sets us apart and positions us for continued success."

Future Outlook

The future looks promising for the North Square Kennedy MicroCap Fund. With the financial markets continually evolving, the team remains focused on adapting their strategy to identify emerging trends and capitalize on potential growth areas within micro-cap stocks. Investors are advised, however, to consider the inherent risks associated with investments in the Fund, which include market fluctuations, liquidity concerns, and sector-specific risks.

For those interested in tracking the Fund’s performance or accessing further details about its portfolio, North Square Investments provides periodic updates that can be accessed via their official website. As the investment landscape continues to shift, all stakeholders are eager to see how the North Square Kennedy MicroCap Fund will build upon its initial success and further enhance its standing among investors.

In conclusion, the North Square Kennedy MicroCap Fund's successful first anniversary showcases its strong performance, robust management strategy, and a clear trajectory towards future growth. Investors can look forward to following its progress as it aims to maintain its leading position in the market.