North Square McKee Bond Fund

SCHEDULE OF INVESTMENTS

As of April 30, 2022 (Unaudited)

Principal Amount			Value
	ASSET BACKED SECURITIES - 7.6%
	Aligned Data Centers Issuer LLC
400,000	1.937%, 08/15/20461	$	361,840
	American Credit Acceptance Receivables Trust 2021-2
446,000	1.340%, 07/13/20271		424,305
	Americredit Automobile Receivables Trust 2019-2
139,925	2.540%, 07/18/2024		140,263
	AMSR 2019-SFR1 Trust
500,000	2.774%, 01/20/20391		473,745
	AMSR 2021-SFR2 Trust
200,000	1.527%, 08/19/20381		179,607
	Amur Equipment Finance Receivables IX LLC
74,996	0.750%, 11/20/20261		73,256
	Amur Equipment Finance Receivables X LLC
785,000	2.200%, 01/20/20281		746,606
	Burlington Northern and Santa Fe Railway Co 2006-1 Pass Through Trust
53,817	5.720%, 01/15/2024		55,180
	CNH Equipment Trust 2019-A
13,309	3.010%, 04/15/2024		13,366
	DT Auto Owner Trust 2020-1
18,849	2.160%, 05/15/20241		18,853
	Enterprise Fleet Funding 2021-1 LLC
376,926	0.440%, 12/20/20261		367,480
	Exeter Automobile Receivables Trust 2021-3
317,000	0.350%, 02/18/2025		314,944
306,000	0.690%, 01/15/2026		298,824
	FedEx Corp 2020-1 Class AA Pass Through Trust
322,847	1.875%, 08/20/2035		285,785
	Flagship Credit Auto Trust 2021-3
96,510	0.360%, 07/15/20271		94,144
	GLS Auto Receivables Issuer Trust 2021-3
574,000	0.780%, 11/17/20251		554,212
	GM Financial Automobile Leasing Trust 2020-2
290,000	2.560%, 07/20/2024		288,619
	GM Financial Automobile Leasing Trust 2021-3
4,035	0.240%, 12/20/2023		4,006
	MMAF Equipment Finance LLC 2018-A
247,452	3.390%, 01/10/20251		248,848
	Oportun Funding XIV LLC
100,000	1.210%, 03/08/20281		97,050
	Oscar US Funding X LLC
336,257	3.270%, 05/11/20261,2		337,203
	Oscar US Funding XII LLC
110,000	0.700%, 04/10/20251,2		106,496
	Santander Retail Auto Lease Trust 2021-C
227,000	0.500%, 03/20/20251		220,083
	Tricon Residential 2022-SFR1 Trust
528,000	3.856%, 04/17/20391		516,657
	Union Pacific Railroad Co 2005 Pass Through Trust
26,656	5.082%, 01/02/2029		27,801
	Verizon Master Trust
274,000	0.690%, 05/20/2027		258,986
	Verizon Owner Trust 2020-C
635,000	0.670%, 04/21/2025		608,996
	VMC Finance 2021-FL4 LLC
354,096	1.654% (1 Month LIBOR USD + 1.100%), 06/18/20361,3		348,802
	Volvo Financial Equipment LLC Series 2019-2
109,282	2.040%, 11/15/20231		109,438
	Westlake Automobile Receivables Trust 2020-2
300,000	1.320%, 07/15/20251		299,606
	Westlake Automobile Receivables Trust 2020-3
52,577	0.560%, 05/15/20241		52,471
	Westlake Automobile Receivables Trust 2021-1
89,209	0.390%, 10/15/20241		88,751
295,000	0.640%, 03/16/20261		289,657
	Westlake Automobile Receivables Trust 2021-2
320,000	0.620%, 07/15/20261		309,920
	Westlake Automobile Receivables Trust 2021-3
1,000,000	1.290%, 01/15/20271		965,226
	World Omni Auto Receivables Trust 2019-C
172,595	1.960%, 12/15/2024		172,755
	TOTAL ASSET BACKED SECURITIES
	(Cost $10,128,326)		9,753,781
	CORPORATE BONDS - 26.7%
	COMMUNICATION SERVICES - 2.3%
	Diversified Telecommunication Services - 1.6%
	AT&T Inc.
292,000	1.700%, 03/25/2026		269,836
300,000	4.350%, 03/01/2029		303,180
	Verizon Communications Inc.
1,702,000	2.100%, 03/22/2028		1,526,093
			2,099,109
	Entertainment - 0.4%
	The Walt Disney Co.
301,000	1.750%, 01/13/2026		282,352
180,000	2.000%, 09/01/2029		157,574
			439,926
	Media - 0.3%
	Fox Corp.
389,000	3.050%, 04/07/2025		382,132
	TOTAL COMMUNICATION SERVICES		2,921,167
	CONSUMER DISCRETIONARY - 2.4%
	Automobiles - 1.6%
	American Honda Finance Corp.
218,000	2.000%, 03/24/2028		197,096
	Daimler Finance North America LLC
150,000	1.450%, 03/02/20261		137,177
	General Motors Financial Co., Inc.
1,207,000	1.250%, 01/08/2026		1,081,243
345,000	4.300%, 04/06/2029		329,617
	Hyundai Capital America
250,000	5.875%, 04/07/20251		260,906
			2,006,039
	Hotels, Restaurants & Leisure - 0.4%
	Starbucks Corp.
528,000	3.550%, 08/15/2029		503,446
	Internet & Direct Marketing Retail - 0.2%
	Amazon.com, Inc.
265,000	3.300%, 04/13/2027		263,034
	Specialty Retail - 0.2%
	The Home Depot, Inc.
178,000	2.950%, 06/15/2029		166,938
	The Home Depot, Inc.
160,000	2.950%, 06/15/2029		156,218
			323,156
	TOTAL CONSUMER DISCRETIONARY		3,095,675
	CONSUMER STAPLES - 1.4%
	Beverages - 0.4%
	Anheuser-Busch InBev Worldwide Inc.
283,000	4.750%, 01/23/2029		291,547
	PepsiCo, Inc.
243,000	2.625%, 03/19/2027		234,598
			526,145
	Household Products - 0.1%
	The Procter & Gamble Co.
107,000	1.200%, 10/29/2030		88,321
	Tobacco - 0.9%
	Altria Group, Inc.
360,000	4.800%, 02/14/2029		357,236
	B.A.T. Capital Corp.
254,000	2.259%, 03/25/2028		217,324
257,000	4.906%, 04/02/2030		248,294
	Philip Morris International Inc.
354,000	2.750%, 02/25/2026		342,903
			1,165,757
	TOTAL CONSUMER STAPLES		1,780,223
	ENERGY - 1.3%
	Oil, Gas & Consumable Fuels - 1.3%
	BP Capital Markets America Inc.
175,000	3.017%, 01/16/2027		168,594
191,000	3.543%, 04/06/2027		188,145
	Chevron Corp.
361,000	2.954%, 05/16/2026		353,312
	Saudi Arabian Oil Co.
200,000	3.500%, 04/16/20291,2		194,180
	Shell International Finance B.V.
888,000	2.375%, 11/07/20292		793,521
	TOTAL ENERGY		1,697,752
	FINANCIALS - 12.6%
	Banks - 8.8%
	Bank of America Corp.
1,321,000	1.658% (SOFR + 0.910%), 03/11/20273		1,197,543
325,000	1.734% (SOFR + 0.960%), 07/22/20273		291,985
504,000	2.572% (SOFR + 1.210%), 10/20/20323		426,408
	Bank of Montreal
170,000	1.850%, 05/01/20252		161,608
	The Bank of Nova Scotia
717,000	1.300%, 06/11/20252		665,808
	Canadian Imperial Bank of Commerce
415,000	2.250%, 01/28/20252		399,913
	Citigroup Inc.
628,000	0.981% (SOFR + 0.669%), 05/01/20253		592,661
388,000	3.070% (SOFR + 1.280%), 02/24/20283		364,998
	Cooperatieve Rabobank U.A.
556,000	1.980% (1 Year CMT  Rate + 0.730%), 12/15/20271,2,3		504,574
	F.N.B. Corp. of Pennsylvania
249,000	2.200%, 02/24/2023		246,919
	Federation des caisses Desjardins du Quebec
220,000	2.050%, 02/10/20251,2		209,847
	Fifth Third Bancorp
464,000	3.650%, 01/25/2024		465,194
	JPMorgan Chase & Co.
783,000	0.969% (SOFR + 0.580%), 06/23/20253		737,317
1,688,000	2.005% (SOFR + 1.585%), 03/13/20263		1,591,176
525,000	1.578% (SOFR + 0.885%), 04/22/20273		475,278
286,000	1.953% (SOFR + 1.065%), 02/04/20323		233,889
	PNC Financial Services Group, Inc.
301,000	1.150%, 08/13/2026		273,043
513,000	2.550%, 01/22/2030		459,148
	The Toronto-Dominion Bank
716,000	1.150%, 06/12/20252		664,547
282,000	1.250%, 09/10/20262		253,225
	U.S. Bancorp
79,000	2.677% (SOFR + 1.020%), 01/27/20333		69,974
	Wells Fargo & Co.
779,000	3.526% (SOFR + 1.510%), 03/24/20283		748,766
	Westpac Banking Corp.
276,000	1.953%, 11/20/20282		243,568
			11,277,389
	Capital Markets - 2.5%
	The Charles Schwab Corp.
87,000	2.000%, 03/20/2028		78,593
	The Goldman Sachs Group, Inc.
881,000	3.272% (3 Month LIBOR USD + 1.201%), 09/29/20253		867,653
477,000	1.431% (SOFR + 0.798%), 03/09/20273		426,329
692,000	1.992% (SOFR + 1.090%), 01/27/20323		559,589
	Morgan Stanley
349,000	0.790% (SOFR + 0.525%), 05/30/20253		326,705
1,092,000	1.593% (SOFR + 0.879%), 05/04/20273		983,022
			3,241,891
	Consumer Finance - 0.7%
	Capital One Financial Corp.
1,029,000	1.878% (SOFR + 0.855%), 11/02/20273		921,381
	Insurance - 0.6%
	Berkshire Hathaway Finance Corp.
812,000	2.875%, 03/15/2032		735,943
	TOTAL FINANCIALS		16,176,604
	HEALTH CARE - 1.5%
	Biotechnology - 0.5%
	AbbVie Inc.
195,000	3.600%, 05/14/2025		193,957
	Amgen Inc.
382,000	3.000%, 02/22/2029		358,798
197,000	2.450%, 02/21/2030		173,982
			726,737
	Health Care Providers & Services - 0.8%
	CVS Health Corp.
70,000	4.300%, 03/25/2028		70,366
	UnitedHealth Group Inc.
914,000	3.750%, 07/15/2025		923,034
			993,400
	Pharmaceuticals - 0.2%
	AstraZeneca PLC
268,000	0.700%, 04/08/20262		239,863
	TOTAL HEALTH CARE		1,960,000
	INDUSTRIALS - 1.6%
	Aerospace & Defense - 0.8%
	The Boeing Co.
1,022,000	4.875%, 05/01/2025		1,035,909
	Air Freight & Logistics - 0.1%
	United Parcel Service, Inc.
152,000	3.900%, 04/01/2025		153,950
	Road & Rail - 0.7%
	BNSF Railway Co 2015-1 Pass Through Trust
194,923	3.442%, 06/16/20281		194,807
	CSX Corp.
150,000	3.800%, 03/01/2028		149,144
	CSX Transportation, Inc.
322,983	6.251%, 01/15/2023		329,959
	Union Pacific Railroad Co 2014-1 Pass Through Trust
151,081	3.227%, 05/14/2026		148,796
			822,706
	TOTAL INDUSTRIALS		2,012,565
	INFORMATION TECHNOLOGY - 2.0%
	Semiconductors & Semiconductor Equipment - 0.3%
	Broadcom Inc.
399,000	3.459%, 09/15/2026		388,837
	Software - 0.3%
	Oracle Corp.
390,000	3.250%, 11/15/2027		363,375
	Technology Hardware, Storage & Peripherals - 1.4%
	Apple Inc.
590,000	2.050%, 09/11/2026		559,531
655,000	1.200%, 02/08/2028		573,989
	Hewlett Packard Enterprise Co.
682,000	1.450%, 04/01/2024		657,540
			1,791,060
	TOTAL INFORMATION TECHNOLOGY		2,543,272
	MATERIALS -0.2%
	Chemicals - 0.2%
	DuPont de Nemours, Inc.
306,000	4.493%, 11/15/2025		311,803
	TOTAL MATERIALS		311,803
	REAL ESTATE - 0.4%
	Equity Real Estate Investment Trusts (REITs) - 0.4%
	Crown Castle International Corp.
504,000	1.050%, 07/15/2026		445,384
	TOTAL REAL ESTATE		445,384
	UTILITIES - 1.0%
	Electric Utilities - 0.8%
	Duke Energy Corp.
151,000	2.450%, 06/01/2030		131,930
	NextEra Energy Capital Holdings, Inc.
419,000	1.900%, 06/15/2028		371,459
	Pacific Gas and Electric Co.
349,000	1.367%, 03/10/2023		344,035
	Virginia Electric and Power Co.
176,000	3.150%, 01/15/2026		172,551
			1,019,975
	Multi-Utilities - 0.2%
	Consolidated Edison Co. of New York, Inc.
222,000	3.350%, 04/01/2030		210,303
	TOTAL UTILITIES		1,230,278
	TOTAL CORPORATE BONDS
	(Cost $37,381,899)		34,174,723
	MORTGAGE BACKED SECURITIES - 40.0%
	BBCMS Mortgage Trust 2022-C14
233,201	1.727%, 02/18/2055		223,702
	COMM 2012-CCRE4 Mortgage Trust
243,278	2.853%, 10/17/2045		243,252
	DBUBS 2017-BRBK Mortgage Trust
300,000	3.452%, 10/12/20341		295,412
	Ellington Financial Mortgage Trust 2020-1
309,336	2.006%, 05/25/20651,4		303,936
	EQUS 2021-EQAZ Mortgage Trust
600,000	0.861% (1 Month LIBOR USD + 0.755%), 10/15/20361,3		585,828
	Fannie Mae Pool
14,666	4.500%, 07/01/2026		15,123
50,081	2.500%, 08/01/2028		49,162
38,882	5.000%, 11/01/2029		40,671
11,610	4.000%, 10/01/2030		11,572
96,126	4.500%, 05/01/2031		98,131
84,817	4.000%, 09/01/2031		85,753
37,413	4.500%, 01/01/2032		38,189
24,090	3.500%, 04/01/2032		24,000
474,988	2.500%, 06/01/2032		466,177
206,478	3.500%, 07/01/2032		207,898
154,603	3.500%, 02/01/2033		155,729
1,105,990	3.500%, 05/01/2033		1,124,847
320,991	3.000%, 05/01/2033		310,536
130,588	3.500%, 12/01/2033		130,992
92,462	4.500%, 05/01/2034		94,607
110,357	4.000%, 06/01/2034		112,116
151,770	3.500%, 08/01/2034		150,518
122,406	3.500%, 12/01/2034		121,653
256,589	3.500%, 02/01/2035		257,382
172,225	3.000%, 02/01/2035		171,431
121,071	4.000%, 11/01/2035		122,711
57,670	3.500%, 11/01/2035		57,318
333,032	2.500%, 04/01/2037		310,425
129,630	4.000%, 07/01/2037		130,831
127,337	3.500%, 12/01/2037		125,439
126,358	4.000%, 12/01/2037		127,748
88,005	4.000%, 06/01/2038		89,631
82,103	3.000%, 08/01/2038		79,383
4,528	4.000%, 03/01/2039		4,576
614,580	3.000%, 01/01/2040		594,552
51,040	4.500%, 01/01/2040		53,263
42,139	4.500%, 01/01/2040		43,976
656,249	2.500%, 06/01/2040		610,089
12,517	4.500%, 07/01/2040		13,063
351,068	2.000%, 08/01/2040		316,363
89,481	4.000%, 09/01/2040		90,310
21,806	4.500%, 09/01/2040		22,757
4,091	4.000%, 09/01/2040		4,140
386,878	3.000%, 10/01/2040		369,680
227,642	2.500%, 10/01/2040		212,074
272,300	2.000%, 11/01/2040		245,206
14,391	4.500%, 11/01/2040		14,817
35,336	4.500%, 12/01/2040		36,789
173,232	2.000%, 01/01/2041		155,962
58,868	4.000%, 01/01/2041		59,482
33,333	4.000%, 01/01/2041		33,734
6,461	4.000%, 01/01/2041		6,539
465,956	2.500%, 02/01/2041		426,826
393,652	1.500%, 03/01/2041		337,939
250,569	2.500%, 03/01/2041		233,391
86,808	4.500%, 04/01/2041		90,605
21,427	4.500%, 05/01/2041		22,318
521,527	2.500%, 09/01/2041		483,828
1,750,333	3.000%, 10/01/2041		1,676,909
532,817	2.500%, 10/01/2041		494,962
9,392	4.000%, 10/01/2041		9,434
337,862	2.500%, 11/01/2041		313,436
21,600	3.000%, 09/01/2042		20,843
143,838	3.000%, 04/01/2043		138,588
126,595	3.500%, 07/01/2043		125,469
46,170	3.500%, 01/01/2044		45,761
405,017	3.000%, 04/01/2045		389,798
37,638	3.500%, 12/01/2045		37,116
194,460	4.500%, 03/01/2046		202,908
115,488	3.000%, 04/01/2046		110,778
185,784	2.500%, 05/01/2046		170,970
151,803	3.000%, 06/01/2046		146,609
113,966	3.500%, 06/01/2046		112,533
74,303	3.000%, 10/01/2046		71,160
6,761	3.000%, 11/01/2046		6,483
472,369	3.000%, 02/01/2047		454,560
196,013	3.000%, 02/01/2047		187,868
1,127,921	2.500%, 11/01/2047		1,039,185
295,962	2.500%, 12/01/2047		272,167
55,616	3.500%, 03/01/2048		54,529
214,493	2.500%, 04/01/2048		197,629
119,644	3.000%, 04/01/2048		114,586
359,641	3.500%, 08/01/2048		353,780
112,112	3.500%, 11/01/2048		109,657
10,810	4.500%, 11/01/2048		11,032
144,619	3.000%, 12/01/2048		138,606
48,488	3.000%, 02/01/2049		46,285
20,875	3.500%, 02/01/2049		20,361
660,795	2.500%, 07/01/2049		608,883
602,079	3.500%, 09/01/2049		575,822
108,142	3.000%, 12/01/2049		102,430
419,639	2.500%, 04/01/2050		378,047
300,155	2.500%, 05/01/2050		270,444
164,573	3.500%, 08/01/2050		161,932
561,303	2.500%, 09/01/2050		513,896
141,284	2.500%, 10/01/2050		129,672
358,665	2.000%, 03/01/2051		318,359
1,461,397	2.500%, 07/01/2051		1,338,644
847,818	2.500%, 08/01/2051		774,980
613,517	2.500%, 09/01/2051		560,733
2,006,705	2.500%, 10/01/2051		1,840,017
532,624	2.500%, 10/01/2051		486,969
295,903	2.500%, 12/01/2051		270,903
643,595	3.000%, 01/01/2052		609,683
530,307	3.000%, 02/01/2052		501,649
271,360	3.000%, 02/01/2052		256,893
	Fannie Mae REMICS
1,227	7.000%, 11/25/2022		1,224
30,969	5.500%, 01/25/2026		31,730
119,035	4.000%, 04/25/2033		120,739
225,000	4.000%, 09/25/2033		225,001
4,544	5.000%, 08/25/2035		4,791
228,000	3.500%, 10/25/2037		225,763
5,788	4.500%, 02/25/2038		5,812
1,434	2.000%, 07/25/2041		1,421
45,594	2.000%, 12/25/2041		43,107
136,793	3.500%, 02/25/2043		135,785
110,116	2.000%, 02/25/2043		104,733
9,765	3.500%, 08/25/2043		9,782
117,824	2.000%, 10/25/2044		112,891
77,528	2.000%, 10/25/2044		72,959
45,985	3.000%, 04/25/2045		44,832
8,341	3.500%, 08/25/2045		8,337
79,515	2.500%, 01/25/2048		75,008
568,000	4.000%, 05/25/20495		572,593
102,845	3.500%, 09/25/2048		103,018
694,401	2.000%, 04/25/2049		641,634
79,951	3.000%, 07/25/2049		76,563
11,786	3.500%, 06/25/2053		11,633
	Fannie Mae Trust 2003-W8
16,122	1.018% (1 Month LIBOR USD + 0.350%), 05/25/20423		16,055
	Fannie Mae-Aces
69,423	3.501%, 01/25/2024		69,665
	Freddie Mac Gold Pool
3,921	6.000%, 01/01/2024		3,994
14,528	4.500%, 12/01/2024		14,872
36,993	4.500%, 10/01/2028		38,587
80,126	4.500%, 05/01/2031		81,864
163,002	4.500%, 06/01/2031		166,537
6,911	4.000%, 09/01/2031		6,993
50,895	3.500%, 05/01/2032		51,267
244,605	3.500%, 08/01/2032		245,845
124,549	3.000%, 11/01/2032		120,861
48,497	3.500%, 06/01/2033		48,358
125,958	4.000%, 11/01/2033		128,080
15,913	3.500%, 07/01/2036		15,570
157,249	3.500%, 08/01/2036		156,801
26,977	4.500%, 12/01/2039		28,173
25,895	4.000%, 01/01/2041		26,228
46,639	3.000%, 11/01/2042		45,021
105,159	3.500%, 12/01/2042		104,073
372,497	3.000%, 12/01/2046		357,213
286,526	3.000%, 12/01/2046		274,873
71,756	3.000%, 01/01/2047		68,796
	Freddie Mac Multifamily Structured Pass Through Certificates
11,831	0.792% (1 Month LIBOR USD + 0.340%), 07/25/20243		11,822
16,469	2.802%, 01/25/20464		16,445
	Freddie Mac Pool
252,190	3.500%, 07/01/2030		252,970
28,735	2.000%, 12/01/2030		27,514
121,088	2.500%, 11/01/2031		118,791
55,973	3.000%, 10/01/2032		55,538
309,408	4.000%, 06/01/2033		312,417
89,609	3.500%, 11/01/2034		90,226
357,691	3.000%, 07/01/2038		348,227
491,064	3.000%, 09/01/2039		470,852
727,267	3.000%, 06/01/2040		693,915
174,359	2.500%, 04/01/2042		161,654
472,393	2.500%, 10/01/2046		434,753
671,571	4.500%, 02/01/2047		690,318
38,797	3.500%, 01/01/2048		38,085
263,351	2.500%, 11/01/2050		240,896
355,820	2.000%, 02/01/2051		315,062
527,679	2.500%, 03/01/2051		483,021
429,934	2.000%, 11/01/2051		380,014
582,522	3.000%, 12/01/2051		551,089
	Freddie Mac REMICS
24,724	4.500%, 09/15/2025		25,234
162,679	3.500%, 08/15/2027		162,773
4,654	3.000%, 11/15/2032		4,653
4,664	3.000%, 09/15/2037		4,673
217,222	3.000%, 08/15/2040		217,260
180,292	2.000%, 09/15/2041		171,217
18,643	2.000%, 12/15/2041		17,603
381,876	2.000%, 11/15/2042		361,446
84,679	3.000%, 05/15/2043		83,150
41,642	3.000%, 11/15/2043		41,488
110,113	2.000%, 03/25/2044		105,687
236,620	3.000%, 08/15/2044		231,506
595	4.000%, 07/15/2045		594
345,305	3.000%, 06/25/2048		330,848
155,190	1.000%, 04/25/2049		140,170
60,566	1.000%, 01/25/2050		49,894
239,122	3.250%, 04/15/20536		237,046
54,380	3.000%, 01/15/2055		53,829
	Freddie Mac STACR REMIC Trust 2021-DNA3
84,459	1.039% (SOFR30A + 0.750%), 10/25/20331,3		83,628
	Freddie Mac STACR REMIC Trust 2022-DNA1
1,000,000	1.289% (SOFR30A + 1.000%), 01/27/20421,3		982,435
	Freddie Mac STACR REMIC Trust 2022-DNA1
826,000	2.251% (SOFR30A + 2.000%), 04/25/20421,3		826,687
	Freddie Mac Structured Agency Credit Risk Debt Notes
48,426	1.089% (SOFR30A + 0.800%), 08/25/20331,3		48,136
	Freddie Mac Structured Pass-Through Certificates
119,660	1.619% (12 Month US Treasury Average + 1.400%), 07/25/20443		123,208
18,623	1.419% (12 Month US Treasury Average + 1.200%), 10/25/20443		18,935
	Government National Mortgage Association
563	5.000%, 12/20/2027		573
63,304	5.500%, 09/20/2033		65,496
146,985	2.750%, 06/20/2042		144,394
209,000	3.000%, 01/20/2043		203,388
46,067	2.200%, 11/16/2043		45,896
13,747	2.250%, 09/16/2044		13,628
36,201	2.000%, 03/20/2045		34,456
15,017	2.500%, 10/20/2045		14,846
25,381	2.500%, 09/20/2046		24,824
477,029	2.000%, 03/20/2050		443,426
165,882	1.000%, 08/20/2050		140,001
200,465	1.250%, 05/20/2051		171,450
1,933,535	1.750%, 09/20/2051		1,800,176
8,074	2.700%, 12/16/20544		8,073
	GS Mortgage Securities Corp Trust 2021-RENT
296,924	1.325% (1 Month LIBOR USD + 0.700%), 11/21/20351,3		293,992
	GS Mortgage Securities Corp Trust 2021-ROSS
310,000	1.705% (1 Month LIBOR USD + 1.150%), 06/16/20361,3		304,572
	ILPT Trust 2019-SURF
145,000	4.145%, 02/13/20411		144,951
	JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2
124,000	2.822%, 08/17/2049		119,188
	Morgan Stanley Capital I Trust 2015-UBS8
168,000	3.809%, 12/17/2048		167,103
	Morgan Stanley Capital I Trust 2016-UBS12
413,000	3.596%, 12/17/2049		405,800
	Morgan Stanley Capital I Trust 2016-UBS9
337,000	3.594%, 03/17/2049		333,558
	PSMC 2020-3 Trust
925,000	3.000%, 11/25/20501,4		871,141
	RLGH Trust 2021-TROT
430,000	1.355% (1 Month LIBOR USD + 0.800%), 04/15/20361,3		424,085
	Seasoned Credit Risk Transfer Trust
93,293	2.000%, 11/25/2060		87,474
	UBS Commercial Mortgage Trust
334,000	2.921%, 10/18/2052		307,022
	UBS-Barclays Commercial Mortgage Trust 2012-C4
24,626	2.533%, 12/12/2045		24,616
	UBS-Barclays Commercial Mortgage Trust 2013-C5
98,649	2.687%, 03/12/2046		98,816
	UBS-Barclays Commercial Mortgage Trust 2013-C6
656,000	3.244%, 04/12/2046		654,632
	VNDO 2012-6AVE Mortgage Trust
300,000	2.996%, 11/15/20301		300,790
	Wells Fargo Commercial Mortgage Trust 2016-C35
160,000	2.931%, 07/17/2048		153,910
	Wells Fargo Commercial Mortgage Trust 2016-NXS6
437,000	2.918%, 11/18/2049		420,199
	Wells Fargo Commercial Mortgage Trust 2017-RB1
351,000	3.635%, 03/15/2050		346,253
	Wells Fargo Commercial Mortgage Trust 2021-SAVE
222,710	1.704% (1 Month LIBOR USD + 1.150%), 02/15/20401,3		219,800
	WFRBS Commercial Mortgage Trust 2013-C12
157,897	3.198%, 03/17/2048		158,039
	TOTAL MORTGAGE BACKED SECURITIES
	(Cost $55,503,897)		51,279,699
	U.S. GOVERNMENT AGENCY ISSUES - 18.3%
	Federal Farm Credit Banks Funding Corp.
1,375,000	2.280%, 02/14/2028		1,304,719
676,000	2.450%, 02/23/2028		647,594
2,000,000	1.300%, 09/20/2028		1,781,255
585,000	2.750%, 03/07/2029		564,381
710,000	1.370%, 03/20/2029		621,605
347,000	2.870%, 02/25/2030		335,058
2,095,000	2.150%, 12/01/2031		1,840,398
687,000	2.950%, 02/17/2032		647,080
247,000	2.940%, 02/23/2032		235,586
1,849,000	3.000%, 03/08/2032		1,756,746
668,000	3.800%, 04/05/2032		656,072
1,378,000	2.480%, 02/01/2034		1,207,131
1,355,000	3.250%, 02/23/2035		1,259,082
1,706,000	3.360%, 02/23/2037		1,579,353
	Federal Home Loan Banks
550,875	1.000%, 03/23/2026		509,288
1,640,000	0.625%, 11/23/20265		1,541,385
550,000	2.500%, 02/25/2027		536,588
200,000	4.000%, 04/13/2027		200,029
925,000	3.200%, 04/21/2027		916,178
965,000	2.500%, 04/29/20275		963,716
100,000	0.500%, 08/26/20276		92,047
685,000	2.750%, 02/22/2034		627,361
360,000	2.900%, 02/18/2037		325,089
1,270,000	3.000%, 02/24/2037		1,140,109
	Ginnie Mae I Pool
920	4.500%, 04/15/2023		933
76,189	4.000%, 11/15/2024		77,966
313,457	3.020%, 09/15/2041		308,048
359,593	3.000%, 08/15/2045		345,629
	Ginnie Mae II Pool
114,237	3.500%, 04/20/2027		114,708
40,814	3.500%, 07/20/2027		40,983
747,234	3.500%, 12/20/2034		752,413
71,844	5.000%, 07/20/2048		74,732
463,445	3.000%, 10/20/2051		442,955
	TOTAL U.S. GOVERNMENT AGENCY ISSUES
	(Cost $24,892,004)		23,446,217
	U.S. GOVERNMENT NOTES/BONDS - 4.1%
	United States Treasury Note/Bond
476,000	0.875%, 01/31/2024		461,608
2,591,000	2.625%, 04/15/2025		2,572,580
1,727,000	1.875%, 02/28/2027		1,644,698
453,000	2.750%, 04/30/2027		449,142
175,000	1.750%, 01/31/2029		162,135
	TOTAL U.S. GOVERNMENT NOTES/BONDS
	(Cost $5,344,118)		5,290,163
	FOREIGN GOVERNMENT AGENCY ISSUES - 1.5%
	International Bank for Reconstruction and Development
712,000	0.650%, 02/24/20262		651,713
1,500,000	2.700%, 12/28/20372		1,327,977
	TOTAL FOREIGN GOVERNMENT AGENCY ISSUES
	(Cost $2,180,623)		1,979,690
	CERTIFICATES OF DEPOSIT - 1.2%
	American Express National Bank
245,000	2.000%, 03/09/2027		233,722
	Goldman Sachs Bank USA/New York NY
865,000	1.000%, 02/11/2026		804,556
	HSBC Bank USA NA
225,000	0.506% (3 Month LIBOR USD + 0.000%), 11/15/2022³		224,699
	JPMorgan Chase Bank NA
72,000	0.622% (3 Month LIBOR USD + 0.100%), 12/04/20233		71,926
100,000	0.508% (3 Month LIBOR USD + 0.000%), 11/29/20243		98,389
105,000	0.916% (3 Month LIBOR USD + 0.000%), 12/17/20253		101,945
	TOTAL CERTIFICATES OF DEPOSIT
	(Cost $1,604,763)		1,535,237
	SHORT TERM INVESTMENT - 0.7%
946,931	First American Treasury Obligations Fund - Class X, 0.29%7		946,931
	TOTAL SHORT-TERM INVESTMENT
	(Cost $946,931)		946,931
	TOTAL INVESTMENTS - 100.1%
	(Cost $137,982,561)		128,406,441
	Liabilities in Excess of Other Assets - (0.1)%		(186,184)
	TOTAL NET ASSETS - 100.0%	$	128,220,257

CMT - Constant Maturity Rate
LIBOR - London Inter-bank Offered Rate
PLC - Public Limited Company
SOFR - Secured Overnight Financing Rate
1	Security as defined in Rule 144A under the Securities Act of 1933 and classified as liquid under the Fund’s liquidity risk management program. Purchased in a private placement transaction; resale to the public may require registration or may extend only to qualified institutional buyers. At April 30, 2022, the value of these securities total $14,471,141 which represents 11.29% of total net assets.
2	Foreign security denominated in U.S. Dollars.
3	Variable rate security based on a reference index and spread. The rate reported is the rate in effect as of April 30, 2022.
4	Variable rate security. The coupon is based on an underlying pool of loans. The rate reported is the rate in effect as of April 30, 2022.
5	Level 3 securities fair valued under procedures established by the Board of Trustees, represents  0.45% of Net Assets. The total value of these securities is $572,593.
6	Step-up bond; the interest rate shown is the rate in effect as of April 30, 2022.
7	The rate is the annualized seven-day yield at period end.

Investments are classified by industry pursuant to the Global Industry Classification Standard (GICS^®), which was developed by and/or is the exclusive property of Morgan Stanley Capital International, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P").  GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.

See accompanying Notes to Schedule of Investments

North Square McKee Bond Fund
SUMMARY OF INVESTMENTS
As of April 30, 2022 (Unaudited)
Security Type/Sector	Percent of Total Net Assets
Asset Backed Securities	7.6%
Corporate Bonds
Financials	12.6%
Consumer Discretionary	2.4%
Communication Services	2.3%
Information Technology	2.0%
Industrials	1.6%
Health Care	1.5%
Consumer Staples	1.4%
Energy	1.3%
Utilities	1.0%
Real Estate	0.4%
Materials	0.2%
Total Corporate Bonds	26.7%
Mortgage Backed Securities	40.0%
U.S. Government Agency Issues	18.3%
U.S. Government Notes/Bonds	4.1%
Foreign Government Agency Issues	1.5%
Certificates of Deposit	1.2%
Short-Term Investment	0.7%
Total Investments	100.1%
Liabilities in Excess of Other Assets	(0.1)%
Total Net Assets	100.0%
See accompanying Notes to Schedule of Investments

North Square McKee Bond Fund

NOTES TO SCHEDULE OF INVESTMENTS

As of April 30, 2022 (Unaudited)

Fair Value Measurements and Disclosure

Fair Value Measurements and Disclosures defines fair value, establishes a framework for measuring fair value in accordance with GAAP, and expands disclosure about fair value measurements. It also provides guidance on determining when there has been a significant decrease in the volume and level of activity for an asset or a liability, when a transaction is not orderly, and how that information must be incorporated into a fair value measurement.

Under Fair Value Measurements and Disclosures, various inputs are used in determining the value of the Fund’s investments. These inputs are summarized into three broad Levels as described below:

Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest Level input that is significant to the fair value measurement in its entirety.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the inputs used, as of April 30, 2022, in valuing the Fund’s assets carried at fair value:

	Level 1		Level 2		Level 3*		Total
Investments
Asset Backed Securities	$	-	$	9,753,781	$	-	$	9,753,781
Corporate Bonds1		-		34,174,723		-		34,174,723
Mortgage Backed Securities		-		50,707,106		572,593		51,279,699
U.S. Government Agency Issues		-		23,446,217		-		23,446,217
U.S. Government Notes/Bonds		-		5,290,163		-		5,290,163
Foreign Government Agency Issues		-		1,979,690		-		1,979,690
Certificates of Deposit		-		1,535,237		-		1,535,237
Short-Term Investment		946,931		-		-		946,931
Total Investments	$	946,931	$	126,886,917	$	572,593	$	128,406,441

1	For a detailed break-out of corporate bonds by sector and industry classification, please refer to the Schedule of Investments.
*	The Fund did not hold any Level 3 securities at period end.

The following is a reconciliation of assets in which significant unobservable inputs (Level 3) were used in determining value:
	McKee Bond Fund
Beginning balance October 31, 2021	$	597,433
Transfers into Level 3 during the period		-
Transfers out of Level 3 during the period		(585,828	)
Total realized gain (loss)		-
Total unrealized appreciation (depreciation)		(15,088	)
Net purchases		576,076
Net sales		-
Balance as of April 30, 2022	$	572,593