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The Rival North American RRSP Growth Fund's primary objective is to deliver positive absolute returns in all market environments. The Investment Manager intends to meet this objective primarily through investing from both a long and short perspective in small and mid cap listed North American equities. The portfolio will normally be relatively concentrated and is not expected to exceed 30 long and 30 short positions. The investment team will vary the allocation towards long and short positions as well as sector weightings based on an analysis of the macro environment. The investment team employs a rigorous technical and fundamental approach to security selection.