The Fund seeks to achieve long-term capital growth with a total return greater than the return of the S&P 500 Index on a rolling three-year basis from investment in a portfolio of north American equities. The Fund will primarily (meaning not less than 75% of its Net Asset Value) invest in equities securities traded principally on Regulated Markets that are issued by companies that have their registered office or carry out a predominant portion of their economic activity (meaning not less than 51%) in Canada and in the US. It is intended that this Sub-Fund will be substantially fully invested in such equity securities. There is no formal restriction on the proportion of the Sub-Fund's assets that can be invested in and/or exposed to any one sector or market. The Reference Currency of the Sub-Fund is EUR.