Securityholders have approved a series of changes to AGF Funds Inc.’s fund line-up, the firm announced Friday.
Among the modifications are changes to the investment objectives of AGF World Companies Fund, in order to align the fund with its corporate class counterpart, AGF Global Equity Class.
As well, the AGF Germany Class will merge into AGF European Equity Class, the AGF Aggressive(TM) Japan Class will merge into AGF Japan Class and the AGF RSP Global Bond Fund will merge into AGF Global Government Bond Fund.
In addition, the Harmony Americas Small Cap Equity Pool will be reorganized, which includes the sale of its U.S. assets to Harmony U.S. Equity Pool and the subsequent merger of Harmony Americas Small Cap Equity Pool into Harmony Canadian Equity Pool
The company said that regulatory approval, as applicable, has also been granted in respect of the changes.
According to a release, the investment objectives change will be effective on or about April 18, with the renewal of the AGF Group of Funds simplified prospectus. The mergers and reorganization will be effective on or about May 23.
Changes to AGF fund line-up approved
Multiple fund mergers aim to simplify the offerings
- By: IE Staff
- April 20, 2008 December 14, 2017
- 14:46