AGF Funds Inc. today launched a new managed assests solution that providing investors with greater diversification through access to various types of non-traditional investments.

In creating the Harmony Non-traditional Pool, AGF becomes one of the first fund companies in Canada to give investors access to global non-traditional investments such as infrastructure, water, agriculture, oil sands, mining and real estate in a managed assets program.

AGF also announced the new pool, along with three other Harmony pools and four Harmony portfolios, will be offered within the new Harmony Tax Advantage Group Limited — a new mutual fund corporation that houses a range of corporate class offerings allowing investors to switch between them without generating immediate tax consequences on the switches.

In addition, AGF has introduced new series options on two Harmony portfolios, both in the trust and corporate class structures, that provide monthly income and potential tax efficiencies.

“In launching the new non-traditional pool and the corporate classes within Harmony Tax Advantage Group, AGF is proactively addressing our clients’ desire for tax efficiency and risk management,” says. Randy Ambrosie, president of AGF Funds.

Wilshire Associates, a leading global consulting and investment services firm, provides advice and recommendations to AGF for the entire Harmony program and the construction of the Harmony Non-traditional Pool asset allocation. Santa Monica, Calif.-based Wilshire will continue to provide support in ensuring independent portfolio construction, objective manager selection and ongoing active due diligence.