Hillsdale offers institutional clients equity fund management services, asset allocation modeling and customized fund of funds management.

Over the long term, 90% of all equity managers within Canada fall within a very narrow risk/return band. Hillsdale's strategies are designed specifically to be outside the box.

Hillsdale's entire product line is purposely designed to complement core/index portfolios by focusing on distinct ranges of risk and return not correlated with the majority of equity products offered for sale in Canada. By offering meaningfully non-correlated investment strategies, the benefits of diversification are greatly enhanced and Hillsdale's products make a significant contribution to investors' portfolios and their risk-adjusted returns.

Hillsdale offers three distinct product categories:

• Equity Strategies: Hillsdale's Performance Equity line provides investors with a traditional "long-only" investment platform with full market exposure. Since inception in 1996, the Hillsdale Canadian Performance Equity Fund and the US Performance Equity Fund have generated top decile performance while maintaining a risk level equal to or less than the broad market.
• Alternative Investment Strategies: Hillsdale manages two alternative investment strategies - Market Neutral and Long/Short. Both strategy lines have Canadian and US products with inception dates dating back as far as 1997. The Long/Short strategies are designed to have partial (mid-beta) exposure to the market while the Market Neutral line targets zero market correlation. Both strategies offer superior risk-adjusted returns and low correlations with existing equity and bond products.
• Multi-Strategy: Hillsdale, through its investment services, proprietary asset allocation modeling and investments in its strategies, offers clients the ability to create customized fund of funds vehicles that can meet the specific needs of virtually any investor.

While the investment management industry has offered hundreds of new products over the past several years, the truth is that most of these products are, at best, marginally different from each other. While they may have different qualitative descriptions, the risk and return patterns are essentially the same. Within Canada, the average Canadian equity product is between 70-85% correlated the S&P/TSX Composite, while the typical International equity benchmark is 65-70% correlated with the S&P/TSX Composite. As equity markets become more global and exchange cross listings proliferate, the benefits from international diversification are actually decreasing. When diversifying a portfolio, the most important factor to consider is the correlation between the various products. Adding non-correlated alternative investment products to a traditional equity, bond and cash portfolio can increase an investor's returns while also decreasing the overall risk of the portfolio.