Product changes at AGF Investments

Toronto-based AGF Investments Inc. is looking to simplify its current product suite through several proposed changes. AGF is proposing to merge AGF Global Government Bond Fund with AGF Global Aggregate Bond Fund on or about May 23. Investment objective changes are proposed for AGF Elements Global Portfolio, AGF Elements Global Portfolio Class and AGF Income Focus Fund. These changes are designed to provide the portfolios with greater flexibility and choice for investors, AGF says. A meeting will be held on or about April 9 to seek approval for these changes. In addition, the following funds have been approved to be terminated on or about May 12: AGF Monthly High Income Class, AGF U.S. Risk Managed Class and AGF Global Resources Fund (formerly Acuity Natural Resources Fund). These changes will not impact AGF Monthly High Income Fund or AGF Global Resources Class, both of which remain open for sale.

(cohara@investmentexecutive.com).