Hillsdale’s Traditional Equity Strategies are long only equity products that do not engage in short selling. All Hillsdale strategies follow a 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 a minimum three-four year investment horizon. Hillsdale offers clients the following traditional strategies:
Canadian Core 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 Total Return Index, over a four year period, managed within a controlled tracking error budget with volatility similar to the Index. The Strategy invests a minimum of 90% of its assets in a diversified selection of at least 50 corporations and trusts trading on major Canadian stock exchanges. A single equity position is limited to +/- 3% of its weight in the S&P TSX Composite Index.
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 5% 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 5% 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 5% 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 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 cap US corporations trading on major US exchanges. No single equity position will exceed 5% of the account’s assets.