Axioma North America Linked Equity Factor Risk Model (NALM4) combines the Axioma US (AXUS4) and Canada (AXCA4) models into a single North American risk framework for institutional investors managing medium- and short-horizon portfolios across U.S. and Canadian equity markets. The model provides daily updates for market sensitivity, volatility, liquidity, momentum, size, value, earnings yield, leverage, growth, profitability, dividend yield, and GICS-based industry, country, and currency risk factors to support portfolio construction, risk decomposition, stress testing, and quantitative portfolio management.