Toronto-based Guardian Group of Funds Ltd. introduced two new funds: GGOF Small-Cap Growth and Income Fund, designed for income-oriented investors, and GGOF Global Diversified Fund, aimed at investors who want to generate income and protect against inflation. The small-cap fund invests in Canadian equities, income trusts and equity-related securities issued by companies with small to medium market capitalizations. The global diversification fund focuses on three key areas: income (through investments in Canadian and U.S. high-yield bonds), growth (Canadian dividend-paying equities) and inflation (global resources equities and Asia-Pacific equities). Advisor commissions for both funds are up to 5% for front-end sales, 5% for standard deferred sales and 2% for shortened deferred sales. Redemptions fees begin at 6% in Year 1 and end at zero after Year 7 of the DSC schedule, or begin at 3% in Year 1 and end at zero after Year 3 of the shortened DSC schedule. Trailing commissions are 1% for front-end and shortened deferred sales, and 0.5% for standard deferred sales. Management fees are 2%, or 1% for F-class shares. Minimum investment is $500.