The North West Company Fund (NWF) is an open-ended, mutual fund trust. The Fund is a limited purpose trust whose purpose is to invest in securities of its wholly owned subsidiaries The North West Company Inc. (NWC), The NWC Trust, North West Company Holdings Inc., NWC GP Inc., The North West Company LP, administer the assets and liabilities of NWF and make distributions to the unitholders. NWC is a community retailer to underserved rural communities and urban neighborhood markets in regions, such as northern Canada, western Canada, rural Alaska, the South Pacific and the Caribbean. As of January 31, 2009, NWC’s Canadian operations includes 127 Northern stores, 29 Giant Tiger junior discount stores, 7 NorthMart stores, 11 Quickstop convenience stores, one Valu Lots, one Solo Market test store and two North West Company Fur Marketing outlets. Its international operations include 28 AC Value Centers, three Quickstop convenience stores, 12 Cost-U-Less and Pacific Alaska Wholesale.