These strategies are traditional equity strategies. They are long only, return oriented, highly concentrated equity products that do not engage in short selling. All Hillsdale strategies follow disciplined investment process and are risk controlled relative to their benchmarks. They are designed to produce a high information ratio - providing excess returns to the passive/index portfolio without taking additional risk. This product category is well suited to pension plans, foundations and endowments with three-year investment horizons. Hillsdale offers clients the following strategies:

Canadian All Cap Equity Strategy

The investment objective of the Strategy is to provide a rate of return on capital in excess of the S&P/TSX Composite Index with volatility equal to or less than the Index. The Strategy invests a minimum of 75% of the assets in a diversified selection of Canadian corporations and unit trusts trading on major Canadian exchanges. No single equity position exceeds 4% of the account's assets.

Canadian Completion Equity Strategy

The investment objective of the Strategy is to provide a rate of return on capital in excess of the S&P/TSX Completion Index with volatility equal to or less than the Index. The Strategy invests a minimum of 75% of the assets in a diversified selection of small to mid cap Canadian corporations and unit trusts trading on major Canadian exchanges. No single equity position exceeds 4% of the account's assets.

Canadian Small Cap Equity Strategy

The investment objective of the Strategy is to provide a rate of return on capital in excess of the S&P/TSX Small Cap Index with volatility equal to or less than the Index. The Strategy invests a minimum of 75% of the assets in a diversified selection of small cap Canadian corporations and unit trusts trading on major Canadian exchanges. No single equity position exceeds 4% of the account's assets. The Strategy limits its purchases of securities in the S&P/TSX Composite Index so that the aggregate S&P/TSX Composite Index market weight, determined at the time of purchase of these securities, does not exceed 10%.

US Small cap Equity Strategy

The investment objective of the Strategy is to provide a three year rate of return on capital in excess of the Russell 2000® Index with volatility equal to or less than the Index. The Strategy will invest a minimum of 75% of its assets in a diversified selection of small to mid cap US corporations trading on major US exchanges. No single equity position will exceed 4% of the account's assets.