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      <regFileNumber>811-23373</regFileNumber>
      <regCik>0001750821</regCik>
      <regLei>549300K2CKCXH4E67T58</regLei>
      <regStreet1>10 South LaSalle Street</regStreet1>
      <regStreet2>Suite 1925</regStreet2>
      <regCity>Chicago</regCity>
      <regStateConditional regCountry="US" regState="US-IL"/>
      <regZipOrPostalCode>60603</regZipOrPostalCode>
      <regPhone>3128572160</regPhone>
      <seriesName>North Square Trilogy Alternative Return Fund</seriesName>
      <seriesId>S000070730</seriesId>
      <seriesLei>549300XN0VPVSODO6I72</seriesLei>
      <repPdEnd>2023-05-31</repPdEnd>
      <repPdDate>2022-08-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>3073613.030000000000</totLiabs>
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      <assetsInvested>0.000000000000</assetsInvested>
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        <name>Apple Inc</name>
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        <name>Dominion Energy Inc</name>
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        <name>iShares MBS ETF</name>
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        <name>iShares Broad USD High Yield C</name>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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        <name>N/A</name>
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          <ticker value="SPX 12 P3550"/>
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        <name>N/A</name>
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          <ticker value="SPX 12 P3575"/>
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      <invstOrSec>
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          <ticker value="SPX 12 P3750"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 P4000"/>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 P4025"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 P4225"/>
          <other otherDesc="BBGID" value="BBG00YFYK2H9"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 C4200"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <writtenOrPur>Purchased</writtenOrPur>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 C5000"/>
          <other otherDesc="BBGID" value="BBG011FVVH63"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT 06/23 3125</title>
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          <ticker value="SPX 6 P3125"/>
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        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P3500"/>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P3525"/>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPXW 9 P4150"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P3550"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P3575"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P3700"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-2911.210000000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT  6/23 3975</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPX 6 P3975"/>
          <other otherDesc="BBGID" value="BBG011FVVP10"/>
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        <balance>20.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>63477.020000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P CLL OPT 09/22 4000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 C4000"/>
          <other otherDesc="BBGID" value="BBG012S71SW0"/>
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        <balance>-10.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-85200.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>23887.110000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P CLL OPT 09/22 4150</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 C4150"/>
          <other otherDesc="BBGID" value="BBG012S71T85"/>
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        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>28100.000000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-14512.890000000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P CLL OPT 09/22 4250</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 C4250"/>
          <other otherDesc="BBGID" value="BBG012S71TJ3"/>
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        <balance>-20.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>83774.220000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT 09/22 3800</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 P3800"/>
          <other otherDesc="BBGID" value="BBG012S720G8"/>
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        <balance>10.000000000000</balance>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>3187.110000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT 09/22 4000</title>
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          <ticker value="SPXW 9 P4000"/>
          <other otherDesc="BBGID" value="BBG012S720Z7"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-10712.890000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P DOW  CLL OPT 10/22 4175</title>
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        <identifiers>
          <ticker value="SPXW 10 C4175"/>
          <other otherDesc="BBGID" value="BBG0194JSV04"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <expDt>2022-10-07</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>101211.330000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>SPDR S&amp;P 500 ETF Trust</title>
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        <identifiers>
          <ticker value="SPY 6 P375"/>
          <other otherDesc="BBGID" value="BBG011NT0D99"/>
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        <balance>70.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSE Arca</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-25633.460000000000</unrealizedAppr>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPY 6 P385"/>
          <other otherDesc="BBGID" value="BBG011NT0FD9"/>
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        <balance>100.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Equity Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NYSE Arca</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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      <invstOrSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P4000"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <indexBasketInfo>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 6 P4025"/>
          <other otherDesc="BBGID" value="BBG011FVVP56"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT  6/23 4175</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPX 6 P4175"/>
          <other otherDesc="BBGID" value="BBG011FVVPK9"/>
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        <balance>10.000000000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>65988.790000000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <ticker value="SPX 12 C3700"/>
          <other otherDesc="BBGID" value="BBG00YJXCQ10"/>
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        <balance>15.000000000000</balance>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>271257.760000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 C4000"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <unrealizedAppr>-40461.490000000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 C5400"/>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Call</putOrCall>
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              <indexBasketInfo>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPX 12 C5500"/>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Cboe Options Exchange</counterpartyName>
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            <putOrCall>Call</putOrCall>
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              <indexBasketInfo>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT 12/23 2925</title>
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          <ticker value="SPX 12 P2925"/>
          <other otherDesc="BBGID" value="BBG00YJXCWG1"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>29994.250000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CBOE S&amp;P PUT OPT 12/23 3050</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPX 12 P3050"/>
          <other otherDesc="BBGID" value="BBG00YJXCWS8"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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        <name>N/A</name>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPXW 9 P3950"/>
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        <name>N/A</name>
        <lei>N/A</lei>
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          <ticker value="SPXW 9 P4150"/>
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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
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          <ticker value="SPXW 9 C4350"/>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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            <delta>XXXX</delta>
            <unrealizedAppr>-182662.890000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P DOW  CLL OPT 09/22 4150</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 C4150"/>
          <other otherDesc="BBGID" value="BBG01924ZP13"/>
        </identifiers>
        <balance>-10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-20700.000000000000</valUSD>
        <pctVal>-0.0641456677</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 INDEX</indexName>
                <indexIdentifier>US78378X1072</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.000000000000</shareNo>
            <exercisePrice>4150.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-09-23</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>67187.110000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P DOW  CLL OPT 09/22 4300</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 C4300"/>
          <other otherDesc="BBGID" value="BBG01924ZPY7"/>
        </identifiers>
        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3750.000000000000</valUSD>
        <pctVal>0.0116205920</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 INDEX</indexName>
                <indexIdentifier>US78378X1072</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.000000000000</shareNo>
            <exercisePrice>4300.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-09-23</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-23962.890000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P DOW  PUT OPT 09/22 3950</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SPXW 9 P3950"/>
          <other otherDesc="BBGID" value="BBG01924ZSS8"/>
        </identifiers>
        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>90700.000000000000</valUSD>
        <pctVal>0.2810633846</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Exchange" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>Cboe Options Exchange</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 INDEX</indexName>
                <indexIdentifier>US78378X1072</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <shareNo>100.000000000000</shareNo>
            <exercisePrice>3950.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2022-09-23</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>52187.110000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The monthly total returns shown in B.5.a do not reflect the deduction of sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-10-28</ncom:dateSigned>
      <ncom:nameOfApplicant>North Square Investments Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/ David Gaspar</ncom:signature>
      <ncom:signerName>David Gaspar</ncom:signerName>
      <ncom:title>Senior Managing Director</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
