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Institutional Investment Manager
Hillsdale Investment Management Inc.
Hillsdale Investment Management Inc. (CIK: 0001368465), located at 1 First Canadian Place, Toronto, A6. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 479 holdings with a total value of $294,182,000.
#
Name
Shares
Value ($)
%
Options
Notes
451 VanEck Vectors International High Yield Bond ETF 87,650 2,062,000 0.70%
452 PIMCO ETF TR 22,300 2,073,000 0.70%
453 CANADIAN NATL RY CO 33,350 2,082,000 0.71%
454 CDN IMPERIAL BK COMM TORONTO 31,680 2,365,000 0.80%
455 CANADIAN NAT RES LTD 96,540 2,609,000 0.89%
456 VANECK VECTORS ETF TR 98,950 3,101,000 1.05%
457 SHAW COMMUNICATIONS INC 168,985 3,261,000 1.11%
458 SUN LIFE FINL INC 120,330 3,880,000 1.32%
459 FORTUNA SILVER MINES INC 1,032,400 4,018,000 1.37%
460 TELUS CORP 129,225 4,204,000 1.43%
461 TRANSCANADA CORP 117,580 4,620,000 1.57%
462 B2GOLD CORP 2,835,200 4,711,000 1.60%
463 BANK N S HALIFAX 97,450 4,758,000 1.62%
464 STUDENT TRANSN INC 948,900 4,826,000 1.64%
465 KINROSS GOLD CORP 1,665,300 5,675,000 1.93%
466 MCEWEN MINING INC COM 3,044,276 5,714,000 1.94%
467 DOMTAR CORP 147,300 5,957,000 2.02%
468 ROYAL BK CDA MONTREAL QUE 104,955 6,043,000 2.05%
469 BCE INC 135,925 6,188,000 2.10%
470 BANK MONTREAL QUE 105,855 6,424,000 2.18%
471 FIRSTSERVICE CORP NEW 161,600 6,630,000 2.25%
472 COTT CORP QUE 502,600 6,979,000 2.37%
473 TORONTO DOMINION BK ONT 177,730 7,664,000 2.61%
474 WI-LAN INC 3,467,600 7,895,000 2.68%
475 CELESTICA INC 787,484 8,639,000 2.94%
476 RICHMONT MINES INC 1,537,600 8,659,000 2.94%
477 ROGERS COMMUNICATIONS INC 238,570 9,543,000 3.24%
478 MAGNA INTL INC 238,030 10,223,000 3.48%
479 GROUPE CGI INC 226,670 10,823,000 3.68%
Page 10 of 10

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000950123-16-016535, filed 2016.05.10).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.