The investment objective of the Enriched Capital Long-Short Fund is to generate an absolute return over the long-term through the purchase, sale and shorting of exchange-listed securities and to manage portfolio volatility. The majority of the Fund's investment activities will involve the purchase, sale, and shorting of common shares of Canadian issuers. In addition, the Fund may purchase and sell exchange-listed options, government Treasury bills, and other securities in accordance with the Fund's investment objectives. The Fund will follow the investment guidelines outlined in this section. The Fund intends to invest primarily in Canadian equities. Approximately 30% of the Fund's assets may be invested in non-Canadian issuers at any time. AUM is not disclosed as of May 2013.