The Fund will seek to achieve its investment objective by investing in a diversified portfolio of securities of North American companies. The fund manager will invest in large, medium and small capitalization companies depending on market liquidity and as it judges the available opportunities. Futures, forwards, options, contracts for difference and swaps may be used to hedge against downward movements in the value of the Fund's portfolio. AUM reflects the aggregate of the various share classes and is denominated in USD. Hurdle Rate: MSCI North American Index.