Exchange Place Advisors Trust Files Proxy Statement

TL;DR

Exchange Place Advisors Trust (formerly North Square Investments Trust) filed its proxy statement. Vote wisely.

AI Summary

Exchange Place Advisors Trust filed a DEF 14A on August 19, 2025, detailing its proxy statement information. The filing pertains to the company formerly known as North Square Investments Trust, which changed its name on August 21, 2018. The trust is incorporated in Delaware and has a fiscal year end of May 31.

Why It Matters

This filing provides shareholders with essential information regarding voting matters and corporate governance, allowing them to make informed decisions about the company's direction.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing for proxy statement information, not indicating any immediate financial distress or significant corporate action.

Key Players & Entities

• Exchange Place Advisors Trust (company) — Registrant
• North Square Investments Trust (company) — Former company name
• August 19, 2025 (date) — Filing date
• August 21, 2018 (date) — Date of name change

FAQ

Filing Documents

• epat-sphere_ps.htm (DEF 14A) — 299KB
• ex001_v1.jpg (GRAPHIC) — 8KB
• ex002_v1.jpg (GRAPHIC) — 29KB
• ex003_v1.jpg (GRAPHIC) — 49KB
• 0001580642-25-005256.txt ( ) — 420KB
• S000083897
• C000247983 (SPFFX)

From the Filing

DEF 14A 1 epat-sphere_ps.htm DEF 14A UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Securities Exchange Act of 1934 Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 EXCHANGE PLACE ADVISORS TRUST (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check the appropriate box): x No fee required. o Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: o Fee paid previously with preliminary materials. o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by the registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Sphere 500 Climate Fund A Series of Exchange Place Advisors Trust c/o Ultimus Fund Solutions, LLC 225 Pictoria Drive, Suite 450 Cincinnati, OH 45246 August 19, 2025 Dear Shareholder: We are pleased to invite you to a Special Meeting of Shareholders (the Shareholder Meeting) of Sphere 500 Climate Fund (the Fund), a series of Exchange Place Advisors Trust (the Trust). The Shareholder Meeting will be held at Ultimus Fund Solutions, LLC, 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246 on September 15, 2025, at 2 p.m., Eastern time. At the Shareholder Meeting, you will be asked to vote on the following important proposal (the Proposal): Proposal: To change the Funds current management fee structure from a unitary fee arrangement, including approval of a new investment advisory agreement between the Trust, on behalf of the Fund, and Reflection Asset Management, LLC, the Funds investment adviser. The new investment advisory agreement (the New Advisory Agreement) is identical to the current investment advisory agreement in effect (the Current Advisory Agreement) except for the fee structure and expense arrangement, which will not require Reflection Asset Management, LLC (the Adviser) to pay for all of the Funds ordinary operating expenses as required under the Current Advisory Agreement. Instead, the Fund would separately pay for its other ordinary operating expenses, subject to any expense waiver/reimbursement arrangement in place. If the Proposal is approved, the Funds Current Advisory Agreement, pursuant to which the Fund pays the Adviser a single fee (the unitary management fee) at the annual rate of 0.07% of the Funds average daily net assets for the Funds investment advisory services, which also covers essentially all of the Funds ordinary operating expenses, will be replaced with the New Advisory Agreement, under which the Fund will pay the Adviser a management fee at the same annual rate of 0.07% of the Funds average daily net assets for its services and also pay other Fund operating expenses. While this fee and expense arrangement will result in higher total annual gross operating expenses for the Fund, the Adviser has agreed to contractually waive and/or reimburse certain fees and expenses of the Fund so that the total annual operating expenses (excluding any front-end or contingent deferred loads, taxes, interest expense, interest and dividends paid on short sales, acquired fund fees and expenses, brokerage commissions, expenses incurred in connection with any merger or reorganization, or extraordinary expenses, such as litigation) of the Fund are limited to 0.07% for the Funds current share class (to be renamed the R6 Class) to ensure that the Funds total annual operating expenses do not exceed the fee under the Current Advisory Agreement with respect to the Funds current Share class and do not exceed 0.30% for Institutional Class shares (a new share class that has not commenced operations), respectively, as a percentage of average net assets until December 31, 2030. The Proposal will not result in a change to the current management fee rate under the Current Advisory Agreement. In addition, the implementation of the Proposal will not result in an increase in the Funds net operat

View Full Filing

View this DEF 14A filing on SEC EDGAR