What is the maximum amount of short selling an alternative mutual fund is permitted to conduct under National Instrument 81-102?

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National Instrument 81-102 limits alternative mutual funds to short selling a maximum of 50% of their Net Asset Value (NAV). Conventional mutual funds are restricted to much tighter limits, typically 20% or less.

What is the maximum amount of short selling an alternative mutual fund is permitted to conduct under National Instrument 81-102?

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