The Fund aims to provide capital growth and income in excess of the S&P 500 Index after fees have been deducted over a three to five year period by investing in equity and equity-related securities of North American companies. The Fund is actively managed and invests at least two-thirds of its assets in a diversified portfolio of equity and equity related securities of North American companies. The Fund may invest up to one-third of its assets in short-dated government bonds, Eligible Collective Investment Schemes, and term deposits with an Approved Bank for cash management purposes.