AGF Funds Inc. is holding special securityholder meetings on April 14 to seek approval for a number of changes aimed at simplifying and improving AGF’s fund line up, the fund company said Tuesday.

Securityholders will be asked to consider the following changes:

> merger of AGF Global Health Sciences Class into AGF Global Equity Class;

> merger of AGF Global Technology Class into AGF Global Equity Class;

> merger of AGF Global Financial Services Class into AGF Global Value Class;

> merger of AGF Global Perspective Class into AGF Global Value Class;

> merger of AGF Special U.S. Class into AGF American Growth Class;

> merger of AGF U.S. Value Class into AGF American Growth Class;

> merger of AGF Diversified Dividend Income Fund into AGF Monthly High Income Fund;

> change in investment objectives and renaming of AGF Special U.S. Fund to AGF American Growth Fund and the subsequent merger of AGF U.S. Value Fund into AGF American Growth Fund;

> addition of Series T and V purchase options to AGF’s All World Tax Advantage Group Limited (AWTAG).

“Advisors have been telling us that their clients are more focused on core products and these changes are designed to streamline and simplify AGF[s current product line up,” said Randy Ambrosie, [resident, AGF Funds Inc.

If approved, the mergers, investment objective change and renaming will all be effective on or about May 22. The series additions to AWTAG will be effective on or about April 20, with the renewal of the AGF Group of Funds simplified prospectus. The changes are subject to securityholder and regulatory approval, as applicable.

IE