Following special unitholder meetings on Wednesday, AGF Investments Inc. announced that the following fund mergers have been approved:
> AGF Inflation Plus Bond Fund into AGF Fixed Income Plus Fund
> AGF Canadian Small Cap Discovery Fund into AGF Canadian Small Cap Fund
> AGF Canada Class into AGF Canadian Growth Equity Class
> AGF Global Value Class into AGF Global Equity Class
> AGF Global Value Fund into AGF Global Equity Fund
> AGF International Stock Class into AGF Global Equity Class
> AGF Canadian Bond Fund into AGF Fixed Income Plus Fund
“These fund mergers are part of an ongoing review of our product lineup to improve efficiencies, while ensuring the products we offer are best-in-class and meet the evolving needs of our clients,” says Kevin McCreadie, president and chief investment officer, AGF Investments Inc., in a statement. “With a more streamlined lineup, we can ensure our products reflect our core investment management capabilities.”
The mergers will take effect on or about May 20, subject to regulatory approvals.
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