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LETTERS & DOCUMENTS ARCHIVED LETTERS Recent News & Press Northern Rivers Announces Closing of Sale to BluMont Capital Corporation Northern Rivers Announces Sale to BluMont Capital Corporation Northern Rivers Receives Approval for Proposed Mutual Fund Changes Alex Ruus on Prime Tiime Money - NR Conservative Growth Fund Mutual Fund Announcement February 2009 Northern Rivers Innovation Fund LP Announcement Hugh Cleland on Prime Time Money - Inn. Funds - Part 1 Hugh Cleland on Prime Time Money - Inn. Funds - Part 2 Alex Ruus in Toronto Star - How Low Can it Go? Fund Manager Makes Case for Rebound in Price of Oil   More Recent News & Press Quick Links NR Innovation Fund LP - Performance & NAVs NR Innovation RSP Fund - Performance & NAVs NR Global Energy Fund LP - Performance & NAVs NR Conservative Growth Fund LP - Performance & NAVs NR Conservative Growth Fund - Mutual Fund - Performance & NAVs NR Silicon Valley Access Fund LP Portfolio Manager Videos The following documents are in PDF format . This requires Adobe Acrobat Reader version 6.0 or later. Do you need Acrobat Reader? Visit the Adobe website to download the latest version for free. 2010 MONTHLY LETTERS June 2010 - Ruus  June 2010 - Cleland  May 2010 - Cleland  May 2010 - Ruus  April 2010 - Cleland  April 2010 - Ruus  March 2010 - Ruus  March 2010 - Cleland  February 2010 - Ruus  February 2010 - Cleland  January 2010 - Cleland  January 2010 - Ruus  2009 MONTHLY LETTERS December 2009 - Cleland  December 2009 - Ruus  November 2009 - Russ  November 2009 - Cleland  October 2009 - Cleland  October 2009 - Ruus  September 2009 - Cleland  September 2009 - Ruus  August 2009 - Cleland  August 2009 - Ruus  July 2009 - Cleland  July 2009 - Ruus  June 2009 - Cleland  June 2009 -- Ruus  May 2009 -- Cleland  May 2009 - Ruus  April 2009 -- Cleland  April 2009 -- Ruus  March 2009 NRIF LP -- Cleland  March 2009 RSP Fund -- Cleland  March 2009 -- Ruus  February 2009 -- Cleland  February 2009 -- Ruus  January 2009 -- Cleland  January 2009 -- Ruus  2008 MONTHLY LETTERS December 2008 -- Cleland  December 2008 -- Ruus  Letter from the President  November 2008 -- Cleland  November 2008 -- Ruus  October 2008 -- Cleland  October 2008 -- Ruus  September 2008 -- Cleland  September 2008 -- Ruus  August 2008 -- Cleland  August 2008 -- Ruus  July 2008 -- Cleland  July 2008 -- Ruus  June 2008 -- Cleland  June 2008 -- Ruus  May 2008 – Cleland  May 2008 – Ruus  April 2008 – Cleland  April 2008 – Ruus  March 2008 – Cleland  March 2008 – Ruus  February 2008 – Cleland  February 2008 – Ruus  January 2008 – Cleland  January 2008 – Ruus  2007 MONTHLY LETTERS December 2007 – Cleland  December 2007 – Ruus  November 2007 – Cleland  November 2007 – Ruus  October 2007 – Cleland  October 2007 -- Ruus  September 2007 – Cleland  September 2007 – Ruus  August 2007 – Cleland  August 2007 – Ruus  July 2007 – Cleland  July 2007 – Ruus  June 2007 – Cleland  June 2007 – Ruus  May 2007 – Cleland  May 2007 – Ruus  April 2007 – Cleland  April 2007 – Ruus  March 2007 – Cleland  March 2007 – Ruus  February 2007 – Cleland  February 2007 – Ruus  January 2007 – Cleland  January 2007 – Ruus  2006 MONTHLY LETTERS December 2006 – Cleland  December 2006 – Ruus  November 2006 – Cleland  November 2006 – Ruus  October 2006 – Cleland  October 2006 – Ruus  September 2006 – Cleland  September 2006 – Ruus  August 2006 – Cleland  August 2006 – Ruus  July 2006 – Cleland  July 2006 – Ruus  June 2006- – Cleland  June 2006 – Ruus  May 2006 – Cleland  May 2006 – Ruus  April 2006 – Cleland  April 2006 – Ruus  March 2006 – Cleland  March 2006 – Ruus  February 2006 – Cleland  February 2006 – Ruus  January 2006 – Cleland  January 2006 – Ruus    2005 MONTHLY LETTERS December 31, 2005 – Cleland  December 31, 2005 – Ruus  2004 MONTHLY LETTERS December 31, 2004 – Cleland  2003 MONTHLY LETTERS December 31, 2003 – Cleland  2002 MONTHLY LETTERS December 31, 2002 – Cleland

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