North

Square

Spectrum

Alpha

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

7.2%

29,400‌

iShares®

Russell

2000

ETF

$

5,989,662‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $5,724,276)

5,989,662‌

Shares

Fair

Value

MUTUAL

FUNDS

—

92.5%

1,687,955‌

North

Square

Advisory

Research

Small

Value

Fund,

Class

I

(a)

19,495,883‌

4,120,752‌

North

Square

Dynamic

Small

Cap

Fund,

Class

I

(a)(b)

57,937,770‌

TOTAL

MUTUAL

FUNDS

(Cost $72,194,693)

77,433,653‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

0.4%

307,606‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$307,606)

(c)

307,606‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $307,606)

307,606‌

TOTAL

INVESTMENTS

-

100.1%

(Cost

$78,226,575)

$

83,730,921‌

Liabilities

in

Excess

of

Other

Assets

-

(0.1)%

(70,909‌)

NET

ASSETS

-

100.0%

$

83,660,012‌

(a)

Affiliated

Company.

(b)

Represents

an

investment

greater

than

25%

of

the

Fund's

net

assets.

Performance

of

the

Fund

may

be

adversely

impacted

by

concentrated

investments

in

securities.

As

of

February

29,

2024,

the

percentage

of

net

assets

invested

in

North

Square

Dynamic

Small

Cap

Fund,

Class

I

was

69.3%

of

the

Fund.

(c)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

COMMUNICATIONS

-

1.7%

ENTERTAINMENT

CONTENT

-

0.2%

11,740

AMC

Networks,

Inc.,

Class

A

(a)

$

151,916‌

13,000

IMAX

Corp.

(a)

222,690‌

374,606‌

INTERNET

MEDIA

&

SERVICES

-

0.9%

47,400

Yelp,

Inc.

(a)

1,822,055‌

TELECOMMUNICATIONS

-

0.6%

9,570

IDT

Corp.,

Class

B

(a)

356,100‌

52,120

Telephone

&

Data

Systems,

Inc.

797,436‌

1,153,536‌

TOTAL

COMMUNICATIONS

3,350,197‌

CONSUMER

DISCRETIONARY

-

15.0%

AUTOMOTIVE

-

2.0%

72,330

Harley-Davidson,

Inc.

2,623,409‌

11,310

Visteon

Corp.

(a)

1,279,387‌

3,902,796‌

CONSUMER

SERVICES

-

3.2%

25,210

Adtalem

Global

Education,

Inc.

(a)

1,247,895‌

16,040

Coursera,

Inc.

(a)

257,763‌

18,590

Grand

Canyon

Education,

Inc.

(a)

2,505,932‌

59,710

Laureate

Education

Inc,

CLASS

A

(a)

800,711‌

30,000

Rent-A-Center,

Inc.

1,012,800‌

27,860

Universal

Technical

Institute

Inc

(a)

419,014‌

6,244,115‌

HOME

&

OFFICE

PRODUCTS

-

0.4%

52,420

Arhaus,

Inc.

(a)

692,992‌

HOME

CONSTRUCTION

-

2.5%

7,310

Century

Communities,

Inc.

630,780‌

30,300

Green

Brick

Partners,

Inc.

(a)

1,772,550‌

1,810

Griffon

Corp.

129,234‌

1,720

Hovnanian

Enterprises,

Inc.

(a)

269,455‌

13,590

M/I

Homes,

Inc.

(a)

1,725,794‌

4,570

Taylor

Morrison

Home

Corp.

(a)

258,708‌

3,600

TRI

Pointe

Homes,

Inc.

(a)

127,368‌

4,913,889‌

LEISURE

FACILITIES

&

SERVICES

-

1.1%

47,480

Rush

Street

Interactive,

Inc.

(a)

277,758‌

18,390

St.

Joe

Co.

(The)

990,669‌

7,450

Travel

+

Leisure

Co.

(a)

332,941‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

LEISURE

FACILITIES

&

SERVICES

-

1.1%

(Continued)

47,260

Xponential

Fitness,

Inc.,

Class

A

(a)

$

476,381‌

2,077,749‌

LEISURE

PRODUCTS

-

0.5%

20,790

Fox

Factory

Holding

Corp.

(a)

1,051,766‌

RETAIL

-

DISCRETIONARY

-

4.7%

32,250

Beacon

Roofing

Supply,

Inc.

(a)

2,769,952‌

128,810

Driven

Brands

Holdings,

Inc.

(a)

1,776,290‌

11,760

Genesco,

Inc.

(a)

375,379‌

9,690

Group

1

Automotive,

Inc.

2,622,599‌

14,310

Rush

Enterprises,

Inc.,

Class

A

696,897‌

4,890

Sonic

Automotive,

Inc.,

Class

A

256,725‌

1,360

Winmark

Corp.

516,188‌

9,014,030‌

WHOLESALE

-

DISCRETIONARY

-

0.6%

13,240

Eplus,

Inc.

(a)

1,090,844‌

TOTAL

CONSUMER

DISCRETIONARY

28,988,181‌

CONSUMER

STAPLES

-

8.4%

BEVERAGES

-

1.5%

6,610

Boston

Beer

Co.,

Inc.

(The),

Class

A

(a)

2,036,805‌

320

Coca-Cola

Bottling

Company

Consolidated

269,056‌

11,350

National

Beverage

Corp.

(a)

597,464‌

2,903,325‌

FOOD

-

2.6%

55,890

BellRing

Brands,

Inc.

(a)

3,182,936‌

14,590

Dole

PLC

172,308‌

29,410

Simply

Good

Foods

Co.

(The)

(a)

1,043,467‌

29,360

Vital

Farms,

Inc.

(a)

527,599‌

4,926,310‌

HOUSEHOLD

PRODUCTS

-

1.4%

4,580

e.l.f.

Beauty,

Inc.

(a)

955,067‌

11,880

Inter

Parfums,

Inc.

1,743,034‌

2,698,101‌

RETAIL

-

CONSUMER

STAPLES

-

2.3%

225,027

Hims

&

Hers

Health,

Inc.

(a)

2,934,352‌

18,700

PriceSmart,

Inc.

1,573,418‌

4,507,770‌

TOBACCO

&

CANNABIS

-

0.6%

13,030

Turning

Point

Brands,

Inc.

329,659‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

TOBACCO

&

CANNABIS

-

0.6%

(Continued)

72,750

Vector

Group

Ltd

$

811,890‌

1,141,549‌

TOTAL

CONSUMER

STAPLES

16,177,055‌

ENERGY

-

6.3%

OIL

&

GAS

PRODUCERS

-

3.2%

134,410

Equitrans

Midstream

Corp.

1,436,843‌

3,750

Gulfport

Energy

Corp.

(a)

532,463‌

43,150

Par

Pacific

Holdings,

Inc.

(a)

1,558,578‌

6,180

PBF

Energy,

Inc.,

Class

A

288,606‌

22,210

SandRidge

Energy,

Inc.

289,618‌

3,570

SilverBow

Resources,

Inc.

(a)

101,352‌

36,940

SM

Energy

Co.

1,616,864‌

15,290

Viper

Energy,

Inc.

552,581‌

6,376,905‌

OIL

&

GAS

SERVICES

&

EQUIP

-

0.3%

23,784

MRC

Global,

Inc.

(a)

274,230‌

63,747

TETRA

Technologies,

Inc.

(a)

248,613‌

522,843‌

OIL

&

GAS

SERVICES

&

EQUIPMENT

-

1.8%

43,940

Diamond

Offshore

Drilling,

Inc.

(a)

487,295‌

48,220

DNOW,

Inc.

(a)

682,313‌

114,220

Helix

Energy

Solutions

Group,

Inc.

(a)

1,027,980‌

16,820

Newpark

Resources,

Inc.

(a)

108,153‌

57,805

Oceaneering

International,

Inc.

(a)

1,142,226‌

3,447,967‌

RENEWABLE

ENERGY

-

0.1%

3,550

REX

American

Resources

Corp.

(a)

156,129‌

TRANSPORTATION

&

LOGISTICS

-

0.9%

24,640

Scorpio

Tankers,

Inc.

1,654,083‌

TOTAL

ENERGY

12,157,927‌

FINANCIALS

-

10.8%

ASSET

MANAGEMENT

-

1.6%

34,870

Brightsphere

Investment

Group,

Inc.

790,154‌

62,750

Federated

Hermes,

Inc.,

Class

B

2,210,683‌

3,000,837‌

BANKING

-

6.2%

39,400

Axos

Financial,

Inc.

(a)

2,053,528‌

26,880

Bank

of

N.T.

Butterfield

&

Son

Ltd.

(The)

(a)

803,443‌

2,610

Bank

OZK

114,318‌

65,819

BankUnited,

Inc.

1,765,266‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

BANKING

-

6.2%

(Continued)

31,265

Customers

Bancorp,

Inc.

(a)

$

1,698,002‌

121,040

First

BanCorp

2,055,258‌

59,050

First

Foundation,

Inc.

(a)

468,267‌

20,338

Hanmi

Financial

Corp.

307,307‌

13,620

Live

Oak

Bancshares,

Inc.

540,986‌

13,740

OFG

Bancorp

497,663‌

20,470

Veritex

Holdings,

Inc.

401,826‌

21,660

Western

Alliance

Bancorp

1,250,432‌

11,956,296‌

COMMERCIAL

SUPPORT

SERVICES

-

0.5%

4,157

CorVel

Corp.

(a)

1,014,308‌

INSURANCE

-

2.1%

32,400

Brighthouse

Financial,

Inc.

(a)

1,508,220‌

5,050

Jackson

Financial,

Inc.,

Class

A

278,003‌

67,261

James

River

Group

Holdings

Ltd.

671,937‌

48,440

Lincoln

National

Corp.

1,334,038‌

18,230

SiriusPoint

Ltd.

(a)

223,682‌

4,015,880‌

SPECIALTY

FINANCE

-

0.4%

29,842

Enact

Holdings,

Inc.

827,220‌

TOTAL

FINANCIALS

20,814,541‌

HEALTH

CARE

-

12.6%

BIOTECH

&

PHARMA

-

10.5%

91,840

ACADIA

Pharmaceuticals,

Inc.

(a)

2,134,362‌

40,360

Akero

Therapeutics,

Inc.

(a)

1,089,316‌

34,010

Alpine

Immune

Sciences

Inc

(a)

1,197,832‌

134,380

Amneal

Pharmaceuticals,

Inc.

(a)

741,778‌

14,610

Amylyx

Pharmaceuticals,

Inc.

(a)

275,399‌

2,780

Arvinas,

Inc.

(a)

127,824‌

10,070

Bridgebio

Pharma,

Inc.

(a)

343,891‌

98,480

Cogent

Biosciences,

Inc.

(a)

689,360‌

36,250

Deciphera

Pharmaceuticals,

Inc.

(a)

605,013‌

37,300

Harmony

Biosciences

Holdings,

Inc.

(a)

1,197,330‌

23,640

Intra-Cellular

Therapies,

Inc.

(a)

1,643,453‌

80,930

Kura

Oncology,

Inc.

(a)

1,706,004‌

30,160

Merus

NV

(a)

1,462,157‌

21,840

Organon

&

Co.

380,234‌

4,400

Protagonist

Therapeutics,

Inc.

(a)

133,672‌

44,660

Relay

Therapeutics,

Inc.

(a)

447,493‌

11,610

Rhythm

Pharmaceuticals

Inc

(a)

504,106‌

137,480

Syndax

Pharmaceuticals

(a)

3,222,531‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

BIOTECH

&

PHARMA

-

10.5%

(Continued)

36,140

uniQure

NV

(a)

$

207,805‌

45,740

Xenon

Pharmaceuticals,

Inc.

(a)

2,158,928‌

20,268,488‌

HEALTH

CARE

FACILITIES

&

SERVICES

-

0.1%

11,180

Pennant

Group,

Inc.

(The)

(a)

208,507‌

1,950

Progyny,

Inc.

(a)

71,214‌

279,721‌

MEDICAL

EQUIPMENT

&

DEVICES

-

2.0%

8,840

Castle

Biosciences,

Inc.

(a)

159,650‌

40,020

Lantheus

Holdings,

Inc.

(a)

2,616,507‌

43,530

Orthofix

Medical

Inc.

(a)

568,502‌

30,630

Tactile

Systems

Technology,

Inc.

(a)

467,108‌

3,811,767‌

TOTAL

HEALTH

CARE

24,359,976‌

INDUSTRIALS

-

13.2%

AEROSPACE

&

DEFENSE

-

0.4%

57,820

Triumph

Group,

Inc.

(a)

803,698‌

COMMERCIAL

SUPPORT

SERVICES

-

3.1%

16,484

ABM

Industries,

Inc.

680,954‌

31,210

Brady

Corp.,

Class

A

1,818,918‌

16,550

Cimpress

PLC

(a)

1,622,065‌

96,340

LegalZoom.com,

Inc.

(a)

1,194,616‌

56,240

ZipRecruiter,

Inc.,

Class

A

(a)

715,373‌

6,031,926‌

ELECTRICAL

EQUIPMENT

-

1.8%

1,590

Atkore,

Inc.

(a)

269,346‌

24,460

Itron,

Inc.

(a)

2,266,953‌

19,140

Napco

Security

Technologies,

Inc.

(a)

861,874‌

3,398,173‌

ENGINEERING

&

CONSTRUCTION

-

3.0%

8,730

Encore

Wire

Corp.

2,103,930‌

66,300

Frontdoor,

Inc.

(a)

2,079,168‌

2,160

IES

Holdings,

Inc.

(a)

237,427‌

32,880

Primoris

Services

Corp.

1,299,089‌

5,719,614‌

INDUSTRIAL

INTERMEDIATE

PRODUCTS

-

0.2%

19,910

Janus

International

Group,

Inc.,

Class

A

(a)

285,709‌

5,100

Proto

Labs,

Inc.

(a)

185,793‌

471,502‌

INDUSTRIAL

SUPPORT

SERVICES

-

0.5%

7,880

H&E

Equipment

Services,

Inc.

445,141‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

INDUSTRIAL

SUPPORT

SERVICES

-

0.5%

(Continued)

18,960

Titan

Machinery,

Inc.

(a)

$

478,361‌

923,502‌

MACHINERY

-

0.3%

1,220

Albany

International

Corp.,

Class

A

114,521‌

19,470

CECO

Environmental

Corp.

(a)

440,996‌

555,517‌

RETAIL

-

DISCRETIONARY

-

2.0%

10,275

BlueLinx

Holdings,

Inc.

(a)

1,303,384‌

29,700

GMS,

Inc.

(a)

2,652,507‌

3,955,891‌

TRANSPORTATION

&

LOGISTICS

-

1.6%

35,370

Hub

Group,

Inc.,

Class

A

(a)

1,504,286‌

19,880

SkyWest,

Inc.

(a)

1,276,694‌

16,940

Sun

Country

Airlines

Holdings,

Inc.

(a)

254,100‌

3,035,080‌

TRANSPORTATION

EQUIPMENT

-

0.3%

17,830

Blue

Bird

Corp.

(a)

603,367‌

TOTAL

INDUSTRIALS

25,498,270‌

MATERIALS

-

5.7%

CHEMICALS

-

0.8%

9,760

Innospec,

Inc.

1,212,876‌

5,120

Koppers

Holdings,

Inc.

289,894‌

21,730

Perimeter

Solutions

S.A.

(a)

132,118‌

1,634,888‌

CONSTRUCTION

MATERIALS

-

0.2%

9,536

Summit

Materials,

Inc.,

Class

A

(a)

407,283‌

FORESTRY,

PAPER

&

WOOD

PRODUCTS

-

3.4%

22,330

Boise

Cascade

Co.

3,034,870‌

37,620

Louisiana-Pacific

Corp.

2,782,751‌

5,800

UFP

Industries,

Inc.

664,854‌

6,482,475‌

METALS

&

MINING

-

1.3%

55,030

Alcoa

Corp.

1,497,367‌

78,060

Century

Aluminum

Co.

(a)

817,288‌

90,800

Coeur

Mining,

Inc.

(a)

235,172‌

2,549,827‌

TOTAL

MATERIALS

11,074,473‌

REAL

ESTATE

-

5.7%

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

HOME

CONSTRUCTION

-

0.4%

24,007

Forestar

Group,

Inc.

(a)

$

809,516‌

REAL

ESTATE

SERVICES

-

0.6%

105,160

Anywhere

Real

Estate,

Inc.

(a)

659,354‌

9,940

Assetmark

Financial

Holdings,

Inc.

(a)

351,379‌

4,710

Corporate

Office

Properties

Trust

114,123‌

1,124,856‌

REIT

-

4.7%

37,528

American

Assets

Trust,

Inc.

809,479‌

121,430

Brandywine

Realty

Trust

522,149‌

212,710

Hudson

Pacific

Properties,

Inc.

1,348,581‌

11,850

Matson,

Inc.

1,315,943‌

174,300

Outfront

Media,

Inc.

2,504,690‌

20,000

Ryman

Hospitality

Properties,

Inc.

2,369,600‌

4,670

Vornado

Realty

Trust

122,821‌

8,993,263‌

TOTAL

REAL

ESTATE

10,927,635‌

TECHNOLOGY

-

18.6%

COMMERCIAL

SUPPORT

SERVICES

-

1.0%

19,530

ASGN,

Inc.

(a)

1,939,720‌

SEMICONDUCTORS

-

2.5%

10,350

Alpha

&

Omega

Semiconductor

Ltd.

(a)

226,665‌

8,620

Axcelis

Technologies,

Inc.

(a)

971,215‌

28,460

Cirrus

Logic,

Inc.

(a)

2,613,198‌

54,835

MaxLinear,

Inc.

(a)

1,065,992‌

4,877,070‌

SOFTWARE

-

9.4%

15,740

Agilysys,

Inc.

(a)

1,224,572‌

20,540

Alarm.com

Holdings,

Inc.

(a)

1,554,673‌

9,030

Appfolio,

Inc.,

Class

A

(a)

2,186,073‌

8,530

Bandwidth,

Inc.,

Class

A

(a)

175,206‌

1,150

Blackbaud,

Inc.

(a)

79,557‌

4,300

Clear

Secure,

Inc.

82,775‌

25,970

CommVault

Systems,

Inc.

(a)

2,485,589‌

11,920

Donnelley

Financial

Solutions,

Inc.

(a)

769,555‌

14,662

Duolingo,

Inc.

(a)

3,504,218‌

12,790

Oscar

Health,

Inc.

(a)

207,965‌

27,890

Paysafe

Ltd.,

Class

A

(a)

401,616‌

24,490

Pegasystems,

Inc.

1,592,830‌

50,240

Phreesia,

Inc.

(a)

1,243,440‌

11,250

PubMatic,

Inc.,

Class

A

(a)

235,575‌

17,400

SentinelOne,

Inc.

(a)

490,158‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

99.3%

(Continued)

SOFTWARE

-

9.4%

(Continued)

10,810

Smartsheet,

Inc.,

Class

A

(a)

$

456,290‌

66,420

Sprinklr,

Inc.,

Class

A

(a)

865,453‌

37,810

Weave

Communications,

Inc.

(a)

473,759‌

18,029,304‌

TECHNOLOGY

HARDWARE

-

3.0%

36,910

A10

Networks,

Inc.

491,272‌

52,390

Arlo

Technologies,

Inc.

(a)

545,380‌

42,980

Avnet,

Inc.

2,002,437‌

72,370

Goosehead

Insurance,

Inc.,

Class

A

(a)

796,794‌

2,480

Sanmina

Corp.

(a)

156,736‌

1,730

Super

Micro

Computer,

Inc.

(a)

1,498,388‌

10,410

TTM

Technologies,

Inc.

(a)

154,589‌

5,645,596‌

TECHNOLOGY

SERVICES

-

2.7%

24,380

Euronet

Worldwide,

Inc.

(a)

2,668,148‌

4,910

ExlService

Holdings,

Inc.

(a)

152,799‌

73,520

Integral

Ad

Science

Holding

Corp.

(a)

761,667‌

36,840

Open

Lending

Corp.

(a)

267,458‌

81,480

StoneCo

Ltd.

(a)

1,402,271‌

5,252,343‌

TOTAL

TECHNOLOGY

35,744,033‌

UTILITIES

-

1.3%

ELECTRIC

UTILITIES

-

1.3%

6,680

Clearway

Energy,

Inc.,

Class

C

145,624‌

87,340

NextEra

Energy

Partners

LP

2,399,230‌

2,544,854‌

TOTAL

UTILITIES

2,544,854‌

TOTAL

COMMON

STOCKS

(Cost $165,154,085)

191,637,142‌

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

0.2%

1,665‌

iShares®

Russell

2000

ETF

339,210‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $335,392)

339,210‌

Shares

Expiration

Date

Exercise

Price

Fair

Value

RIGHTS

—

0.0%

(b)

BIOTECH

&

PHARMA

-

0.0%

(b)

29,400‌

Novartis

A.G.

CVR

–‌

North

Square

Dynamic

Small

Cap

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Expiration

Date

Exercise

Price

Fair

Value

RIGHTS

—

0.0%

(b)

(Continued)

BIOTECH

&

PHARMA

-

0.0%

(b)

(Continued)

TOTAL

RIGHTS

(Cost $–)

–‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

0.8%

1,527,569‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$1,527,569)

(c)

$

1,527,569‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $1,527,569)

1,527,569‌

TOTAL

INVESTMENTS

-

100.3%

(Cost

$167,017,046)

$

193,503,921‌

Liabilities

in

Excess

of

Other

Assets-

(0.3)%

(485,717‌)

NET

ASSETS

-

100.0%

$

193,018,204‌

(a)

Non-income

producing

security.

(b)

Percentage

rounds

to

less

than

0.1%.

(c)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

North

Square

Multi

Strategy

Fund

Schedule

of

Investments

February

29,

2024

-

(Unaudited)

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

33.7%

23,600‌

Invesco®

S&P

500®

GARP

ETF

$

2,391,624‌

6,430‌

iShares®

Core

S&P

500®

ETF

3,282,194‌

21,900‌

Vanguard®

Dividend

Appreciation

ETF

3,906,521‌

4,800‌

Vanguard®

Growth

ETF

1,632,144‌

17,585‌

Vanguard®

Value

ETF

2,740,271‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $12,326,543)

13,952,754‌

Shares

Fair

Value

MUTUAL

FUNDS

—

65.7%

217,527‌

North

Square

Advisory

Research

Small

Value

Fund,

Class

I

(a)

2,512,441‌

532,624‌

North

Square

Altrinsic

International

Equity

Fund,

Class

I

(a)

5,810,930‌

617,283‌

North

Square

Dynamic

Small

Cap

Fund,

Class

I

(a)

8,678,997‌

479,103‌

North

Square

McKee

Bond

Fund,

Class

I

(a)

4,177,774‌

302,348‌

North

Square

Preferred

And

Income

Securities

Fund,

Class

I

(a)

6,068,132‌

TOTAL

MUTUAL

FUNDS

(Cost $23,728,335)

27,248,274‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

0.9%

389,353‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$389,353)

(b)

389,353‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $389,353)

389,353‌

TOTAL

INVESTMENTS

-

100.3%

(Cost

$36,444,231)

$

41,590,381‌

Liabilities

in

Excess

of

Other

Assets-

(0.3)%

(133,248‌)

NET

ASSETS

-

100.0%

$

41,457,133‌

(a)

Affiliated

Company.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

North

Square

Preferred

and

Income

Securities

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

PREFERRED

STOCKS

—

5.8%

FINANCIALS

—

5.8%

BANKING

—

0.1%

3,500‌

First

Horizon

Corp.,

Series

B,

6.63%

$

85,260‌

SPECIALTY

FINANCE

—

5.7%

4,750,000‌

American

Express

Co.,

3.55%

4,297,431‌

36,000‌

Synchrony

Financial,

Series

A,

5.63%

675,360‌

20,000‌

Synchrony

Financial,

Series

B,

8.25%

501,000‌

5,473,791‌

TOTAL

PREFERRED

STOCKS

(Cost $5,472,033)

5,559,051‌

Principal

Amount

($)

Fair

Value

CORPORATE

BONDS

—

92.8%

CONSUMER

DISCRETIONARY

—

1.5%

AUTOMOTIVE

—

1.5%

1,557,000

General

Motors

Financial

Co.,

Inc.,

5.750%,

Perpetual

1,451,126‌

ENERGY

—

3.0%

OIL

&

GAS

PRODUCERS

—

3.0%

3,050,000

Energy

Transfer

LP,

6.625%,

02/15/72

(a)

2,837,007‌

FINANCIALS

—

82.8%

ASSET

MANAGEMENT

—

82.8%

3,940,000

Ally

Financial,

Inc.,  Series

B,

4.700%,

Perpetual

(b)

3,391,052‌

2,000,000

Banco

Bilbao

Vizcaya

Argentaria

SA,

6.125%,

02/16/49

1,808,919‌

1,000,000

Banco

de

Sabadell

SA,

5.000%,

11/19/77

949,195‌

2,000,000

Banco

Santander

SA,

4.750%,

05/12/71

1,710,529‌

3,398,000

Bank

of

America

Corp.,

4.300%,

07/28/72

3,276,193‌

2,000,000

Barclays

PLC,

4.375%,

Perpetual

1,576,170‌

4,000,000

BNP

Paribas

SA,

4.625%,

Perpetual

3,562,826‌

1,000,000

CaixaBank

SA,

3.625%,

Perpetual

856,937‌

3,778,000

Capital

One

Financial

Corp.,

3.950%,

Perpetual

3,333,669‌

3,750,000

Citigroup,

Inc.,

3.875%,

Perpetual

(a)

3,532,047‌

4,405,000

Citizens

Financial

Group,

Inc.,

4.000%,

Perpetual

3,786,979‌

2,662,000

Comerica,

Inc.,

5.625%,

Perpetual

2,554,557‌

2,000,000

Commerzbank

AG,

4.250%,

Perpetual

1,778,506‌

2,500,000

Credit

Agricole

SA,

4.750%,

Perpetual

2,157,047‌

2,000,000

Deutsche

Bank

AG,

4.789%,

Perpetual

1,788,782‌

3,653,000

Discover

Financial

Services,

  Series

C,

5.500%,

Perpetual

(a)

3,085,251‌

250,000

Fifth

Third

Bancorp,

4.500%,

12/31/49

238,148‌

2,860,000

Goldman

Sachs

Group,

Inc.

(The),

3.650%,

02/10/71

2,595,518‌

2,000,000

HSBC

Holdings

PLC,

4.700%,

Perpetual

1,640,355‌

1,278,000

Huntington

Bancshares,

Inc.,

4.045%,

Perpetual

1,125,500‌

North

Square

Preferred

and

Income

Securities

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Principal

Amount

($)

Fair

Value

3,000,000

ING

Groep

NV,

3.875%,

Perpetual

$

2,445,345‌

3,000,000

JPMorgan

Chase

&

Co.,

3.650%,

Perpetual

2,797,226‌

3,583,000

KeyCorp,

5.000%,

Perpetual

3,061,757‌

3,695,000

M&T

Bank

Corp.,

5.125%,

Perpetual

3,242,363‌

2,500,000

NatWest

Group

PLC,

4.600%,

Perpetual

1,882,673‌

5,250,000

PNC

Financial

Services

Group,

Inc.,

3.400%,

Perpetual

4,456,165‌

3,100,000

Societe

Generale

SA,

4.750%,

Perpetual

2,738,762‌

3,000,000

Standard

Chartered

PLC,

4.300%,

Perpetual

2,415,000‌

1,800,000

Svenska

Handelsbanken

AB,

4.750%,

Perpetual

1,511,334‌

2,949,000

Truist

Financial

Corp.,

4.800%,

Perpetual

2,797,182‌

1,000,000

UBS

Group

AG,

3.875%,

Perpetual

904,685‌

3,000,000

UBS

Group

AG,

4.375%,

Perpetual

2,403,673‌

4,000,000

US

Bancorp,

3.700%,

Perpetual

(a)

3,422,941‌

78,827,286‌

INDUSTRIALS

—

2.3%

MACHINERY

—

2.3%

2,500,000

Stanley

Black

&

Decker,

Inc.,

4.000%,

03/15/60

2,232,944‌

UTILITIES

—

3.2%

ELECTRIC

UTILITIES

—

3.2%

2,000,000

American

Electric

Power

Co.,

Inc.,

3.875%,

02/15/62

1,789,070‌

1,491,000

Duke

Energy

Corp.,

3.250%,

01/15/82

1,264,912‌

3,053,982‌

TOTAL

CORPORATE

BONDS

(Cost $82,611,538)

88,402,345‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

1.0%

909,058‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$909,058)

(c)

909,058‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $909,058)

909,058‌

TOTAL

INVESTMENTS

-

99.6%

(Cost

$88,992,629)

$

94,870,454‌

Other

Assets

in

Excess

of

Liabilities-

0.42%

396,192‌

NET

ASSETS

-

100.0%

$

95,266,646‌

(a)

Non-income

producing

security.

(b)

Variable

rate

security;

the

rate

shown

represents

the

rate

on

February

29,

2024.

(c)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

LP

-

Limited

Partnership

NV

-

Naamioze

Vennootschap

PLC

-

Public

Limited

Company

North

Square

Preferred

and

Income

Securities

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Short

Contracts

Contracts

Expiration

Date

Notional

Amount

Value

and

Unrealized

Appreciation

(Depreciation)

Euro

FX

Future

(29)

03/19/2024

$

(3,918,263‌)

$

14,275‌

TOTAL

FUTURES

CONTRACTS

14,275‌

North

Square

Tactical

Growth

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

95.8%

688,900‌

Financial

Select

Sector

SPDR®

Fund

$

27,790,226‌

168,575‌

Invesco

QQQ

Trust,

Series

1

74,004,425‌

128,100‌

iShares

MSCI

EAFE

Growth

Index

13,009,836‌

531,500‌

iShares

MSCI

Eurozone

ETF

26,070,075‌

229,500‌

iShares

National

Muni

Bond

ETF

24,779,115‌

104,000‌

iShares

Russell

2000

Growth

ETF

27,454,960‌

93,400‌

iShares

Russell

3000

ETF

27,214,892‌

249,000‌

iShares

Russell

Mid-Cap

Growth

ETF

27,790,890‌

129,440‌

SPDR®

S&P

500®

ETF

Trust

65,765,875‌

316,300‌

SPDR®

S&P®

Biotech

ETF

31,130,246‌

126,200‌

VanEck

Semiconductor

ETF

26,748,090‌

206,787‌

Vanguard

Growth

ETF

70,313,784‌

354,498‌

Vanguard

Value

ETF

55,241,423‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $329,331,305)

497,313,837‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

4.3%

22,559,765‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$22,559,765)

(a)

22,559,765‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $22,559,765)

22,559,765‌

TOTAL

INVESTMENTS

-

100.1%

(Cost

$351,891,070)

$

519,873,602‌

Liabilities

in

Excess

of

Other

Assets-

(0.1)%

(483,630‌)

NET

ASSETS

-

100.0%

$

519,389,972‌

(a)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

MSCI

-

Morgan

Stanley

Capital

International

SPDR

-

Standard

&

Poor's

Depositary

Receipt

North

Square

Tactical

Defensive

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

98.0%

32,100‌

Invesco

QQQ

Trust,

Series

1

(a)

$

14,091,900‌

243,700‌

SPDR®

Portfolio

Developed

World

EX-US

ETF

8,439,331‌

79,400‌

SPDR®

Portfolio

Emerging

Markets

ETF

2,811,554‌

236,000‌

SPDR®

Portfolio

S&P

500®

ETF

(a)

14,103,360‌

40,100‌

SPDR®

Portfolio

S&P

600®

Small

Cap

ETF

1,676,180‌

27,800‌

SPDR®

S&P

500®

ETF

Trust

(a)

14,124,624‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $50,864,050)

55,246,949‌

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

2.0%

1,126,096‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$1,126,096)

(b)

1,126,096‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $1,126,096)

1,126,096‌

TOTAL

INVESTMENTS

-

100.0%

(Cost

$51,990,146)

$

56,373,045‌

Liabilities

in

Excess

of

Other

Assets

-

0.0%

(20,065‌)

NET

ASSETS

-

100.0%

$

56,352,980‌

(a)

Represents

an

investment

greater

than

25%

of

the

Fund's

net

assets.

Performance

of

the

Fund

may

be

adversely

impacted

by

concentrated

investments

in

securities.

As

of

February

29,

2024,

the

percentage

of

net

assets

invested

in

Invesco

QQQ

Trust,

Series

1,

SPDR®

Portfolio

S&P

500®

ETF,

and

SPDR®

S&P

500®

ETF

Trust

was

25.0%,

25.0%,

and

25.1%,

respectively, of

the

Fund.

The

financial

statements

and

portfolio

holdings

for

these

securities

can

be

found

at

www.sec.gov.

(b)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

SPDR

-

Standard

&

Poor's

Depositary

Receipt

North

Square

Trilogy

Alternative

Return

Fund

Schedule

of

Investments

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

35.9%

CONSUMER

DISCRETIONARY

-

3.4%

HOTELS,

RESTAURANTS

&

LEISURE

-

2.0%

1,353

McDonald's

Corp.

$

395,455‌

SPECIALTY

RETAIL

-

1.4%

725

Home

Depot,

Inc.

(The)

275,942‌

TOTAL

CONSUMER

DISCRETIONARY

671,397‌

CONSUMER

STAPLES

-

5.4%

FOOD

-

1.0%

3,044

General

Mills,

Inc.

195,364‌

HOUSEHOLD

PRODUCTS

-

1.5%

1,798

Procter

&

Gamble

Co.

(The)

285,774‌

RETAIL

-

CONSUMER

STAPLES

-

1.9%

6,639

Wal-Mart

Stores,

Inc.

389,112‌

WHOLESALE

-

CONSUMER

STAPLES

-

1.0%

2,423

Sysco

Corp.

196,190‌

TOTAL

CONSUMER

STAPLES

1,066,440‌

FINANCIALS

-

2.9%

BANKS

-

1.0%

5,491

Truist

Financial

Corp.

192,075‌

INSURANCE

-

1.9%

4,747

Aflac,

Inc.

383,273‌

TOTAL

FINANCIALS

575,348‌

HEALTH

CARE

-

7.8%

HEALTH

CARE

EQUIPMENT

&

SUPPLIES

-

1.0%

1,681

Abbott

Laboratories

199,434‌

PHARMACEUTICALS

-

6.8%

757

Eli

Lilly

&

Co.

570,535‌

1,197

Johnson

&

Johnson

193,172‌

3,088

Merck

&

Co.,

Inc.

392,639‌

5,869

Pfizer,

Inc.

155,881‌

1,312,227‌

TOTAL

HEALTH

CARE

1,511,661‌

INDUSTRIALS

-

6.4%

North

Square

Trilogy

Alternative

Return

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

COMMON

STOCKS

—

35.9%

(Continued)

AEROSPACE

&

DEFENSE

-

1.0%

910

L3Harris

Technologies,

Inc.

$

192,611‌

COMMERCIAL

SUPPORT

SERVICES

-

2.2%

2,119

Waste

Management,

Inc.

435,772‌

DIVERSIFIED

INDUSTRIALS

-

1.0%

733

Illinois

Tool

Works,

Inc.

192,156‌

INDUSTRIAL

SUPPORT

SERVICES

-

2.2%

456

W.W.

Grainger,

Inc.

443,898‌

TOTAL

INDUSTRIALS

1,264,437‌

TECHNOLOGY

-

6.8%

SOFTWARE

-

3.6%

1,702

Microsoft

Corp.

704,015‌

TECHNOLOGY

HARDWARE

-

3.2%

3,466

Apple,

Inc.

626,480‌

TOTAL

TECHNOLOGY

1,330,495‌

UTILITIES

-

3.2%

ELECTRIC

UTILITIES

-

3.2%

2,211

Dominion

Energy,

Inc.

105,752‌

3,195

Eversource

Energy

187,547‌

5,026

Southern

Co.

(The)

337,998‌

631,297‌

TOTAL

UTILITIES

631,297‌

TOTAL

COMMON

STOCKS

(Cost $2,412,583)

7,051,075‌

Shares

Fair

Value

EXCHANGE-TRADED

FUNDS

—

63.5%

13,450‌

iShares®

Broad

USD

High

Yield

Corporate

Bond

ETF

489,042‌

16,220‌

iShares®

Core

Dividend

Growth

ETF

911,240‌

21,200‌

iShares®

MBS

ETF

1,948,492‌

11,082‌

Schwab®

U.S.

Dividend

Equity

ETF

860,40

6‌

104,700‌

SPDR®

Portfolio

Intermediate

Term

Corporate

Bond

ETF

3,402,750‌

41,900‌

SPDR®

Portfolio

Long-Term

Corporate

Bond

ETF

959,091‌

68,100‌

SPDR®

Portfolio

Short-Term

Corporate

Bond

ETF

2,023,932‌

33,800‌

VanEck®

Vectors

Fallen

Angel

High

Yield

Bond

ETF

970,736‌

5,034‌

Vanguard®

Dividend

Appreciation

ETF

897,965‌

TOTAL

EXCHANGE-TRADED

FUNDS

(Cost $12,350,112)

12,463,65

4‌

North

Square

Trilogy

Alternative

Return

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Contracts

PURCHASED

OPTIONS

-

6.0

%

Expiration

Date

Exercise

Price

Notional

Value

Fair

Value

PURCHASED

CALL

OPTIONS

-

5.1%

10‌

S&P

500®

Index

03/04/2024

$

5,050‌

$

5,096,270‌

$

43,500‌

10‌

S&P

500®

Index

03/11/2024

5,150‌

5,096,270‌

11,500‌

10‌

S&P

500®

Index

03/18/2024

5,200‌

5,096,270‌

9,650‌

10‌

S&P

500®

Index

03/25/2024

5,250‌

5,096,270‌

9,400‌

15‌

S&P

500®

Index

12/23/2024

4,750‌

7,644,405‌

916,50

0‌

990,55

0‌

Contracts

Expiration

Date

Exercise

Price

Notional

Value

Fair

Value

PURCHASED

PUT

OPTIONS

-

0.9%

10‌

S&P

500®

Index

03/04/2024

$

4,700‌

$

5,096,270‌

$

75‌

10‌

S&P

500®

Index

03/04/2024

4,975‌

5,096,270‌

250‌

10‌

S&P

500®

Index

03/11/2024

4,800‌

5,096,270‌

1,000‌

10‌

S&P

500®

Index

03/11/2024

4,975‌

5,096,270‌

4,600‌

10‌

S&P

500®

Index

03/18/2024

4,850‌

5,096,270‌

4,000‌

10‌

S&P

500®

Index

03/25/2024

4,900‌

5,096,270‌

10,750‌

5‌

S&P

500®

Index

06/21/2024

3,450‌

2,548,135‌

2,150‌

5‌

S&P

500®

Index

06/21/2024

3,525‌

2,548,135‌

2,375‌

5‌

S&P

500®

Index

06/21/2024

3,550‌

2,548,135‌

2,450‌

5‌

S&P

500®

Index

06/21/2024

3,650‌

2,548,135‌

2,775‌

5‌

S&P

500®

Index

06/21/2024

3,725‌

2,548,135‌

3,075‌

5‌

S&P

500®

Index

06/24/2024

3,775‌

2,548,135‌

3,275‌

5‌

S&P

500®

Index

06/24/2024

3,975‌

2,548,135‌

4,325‌

5‌

S&P

500®

Index

12/21/2024

4,050‌

2,548,135‌

21,475‌

5‌

S&P

500®

Index

12/23/2024

3,950‌

2,548,135‌

18,875‌

5‌

S&P

500®

Index

12/23/2024

4,100‌

2,548,135‌

22,925‌

5‌

S&P

500®

Index

06/23/2025

4,550‌

2,548,135‌

66,900‌

50‌

SPDR®

S&P

500®

ETF

Trust

12/21/2024

360‌

2,540,400‌

12,500‌

183,775‌

TOTAL

PURCHASED

OPTIONS

(Cost

-

$1,790,534)

1,174,326‌

North

Square

Trilogy

Alternative

Return

Fund

Schedule

of

Investments

(continued)

February

29,

2024

(Unaudited)

Shares

Fair

Value

SHORT-TERM

INVESTMENTS

—

1.6%

319,866‌

First

American

Treasury

Obligations

Fund,

Class

X,

5.23%

(Cost

$319,866)

(a)

$

319,866‌

TOTAL

SHORT-TERM

INVESTMENTS

(Cost $319,866)

319,866‌

TOTAL

INVESTMENTS

-

107.0%

(Cost

$16,873,095)

$

21,008,92

0‌

Liabilities

in

Excess

of

Other

Assets

-

(7.0)%

(1,373,817‌)

NET

ASSETS

-

100.0%

$

19,635,105‌

(a)

Rate

disclosed

is

the

seven

day

effective

yield

as

of

February

29,

2024.

ETF

-

Exchange-Traded

Fund

SPDR

-

Standard

&

Poor's

Depositary

Receipt

North

Square

Trilogy

Alternative

Return

Fund

Schedule

of

Written

Options

February

29,

2024

(Unaudited)

Contracts

Description

Expiration

Date

Exercise

Price

Notional

Value

Fair

Value

WRITTEN

OPTIONS

-

(4.

9

)%

WRITTEN

CALL

OPTIONS

-

(4.0)%

(10)

S&P

500®

Index

03/04/2024

$

4,900‌

$

(5,096,270‌)

$

(192,600‌)

(10)

S&P

500®

Index

03/11/2024

5,000‌

(5,096,270‌)

(103,250‌)

(10)

S&P

500®

Index

03/18/2024

5,050‌

(5,096,270‌)

(74,850‌)

(10)

S&P

500®

Index

03/25/2024

5,100‌

(5,096,270‌)

(58,350‌)

(5)

S&P

500®

Index

12/20/2024

4,600‌

(2,548,135‌)

(365,300‌)

(794,350‌)

Contracts

Description

Expiration

Date

Exercise

Price

Notional

Value

Fair

Value

WRITTEN

PUT

OPTIONS

-

(0.9)%

(10)

S&P

500®

Index

03/04/2024

$

4,775‌

$

(5,096,270‌)

$

(100‌)

(10)

S&P

500®

Index

03/04/2024

4,900‌

(5,096,270‌)

(150‌)

(10)

S&P

500®

Index

03/11/2024

4,775‌

(5,096,270‌)

(900‌)

(10)

S&P

500®

Index

03/11/2024

5,000‌

(5,096,270‌)

(6,750‌)

(10)

S&P

500®

Index

03/18/2024

5,050‌

(5,096,270‌)

(24,600‌)

(10)

S&P

500®

Index

03/25/2024

5,100‌

(5,096,270‌)

(53,300‌)

(5)

S&P

500®

Index

06/21/2024

3,075‌

(2,548,135‌)

(1,350‌)

(5)

S&P

500®

Index

06/21/2024

3,125‌

(2,548,135‌)

(1,43

7‌

)

(5)

S&P

500®

Index

06/21/2024

3,150‌

(2,548,135‌)

(1,488‌)

(5)

S&P

500®

Index

06/21/2024

3,250‌

(2,548,135‌)

(1,675‌)

(5)

S&P

500®

Index

06/21/2024

3,300‌

(2,548,135‌)

(1,775‌)

(5)

S&P

500®

Index

06/24/2024

3,375‌

(2,548,135‌)

(1,975‌)

(5)

S&P

500®

Index

06/24/2024

3,500‌

(2,548,135‌)

(2,300‌)

(5)

S&P

500®

Index

12/21/2024

3,600‌

(2,548,135‌)

(12,300‌)

(5)

S&P

500®

Index

12/23/2024

3,500‌

(2,548,135‌)

(10,975‌)

(5)

S&P

500®

Index

12/23/2024

3,650‌

(2,548,135‌)

(13,075‌)

(5)

S&P

500®

Index

06/23/2025

4,050‌

(2,548,135‌)

(37,625‌)

(171,77

5‌

)

TOTAL

WRITTEN

OPTIONS

(Premiums

Received

-

$1,192,605

)

(966,12

5‌

)