AGF and Acuity Investors Approve Fund Mergers

TORONTO, May 31, 2011 /CNW/ - AGF Investments Inc. and Acuity Funds Ltd. have announced that the following mergers were approved today at special investor meetings that were previously adjourned on May 18, 2011:

  • Alpha Income Portfolio into AGF Elements Yield Portfolio
  • Acuity Pooled Dividend Fund into Acuity Pooled Growth & Income Fund

If also approved by the regulators, these mergers will take effect on or about August 26, 2011.

At these adjourned meetings, investors of the following funds also approved certain changes (which are effective immediately) to the respective funds' declarations of trust:

  • Acuity EAFE Equity Fund
  • Acuity Pooled Canadian Balanced Fund
  • Acuity Pooled Conservative Asset Allocation Fund
  • Acuity Pooled Corporate Bond Fund
  • Acuity Pooled Diversified Income Fund
  • Acuity Pooled Fixed Income Fund
  • Acuity Pooled High Income Fund; and
  • Acuity Pooled Social Values Canadian Equity Fund

About AGF Management Limited
AGF Management Limited is one of Canada's premier independent investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of award-winning mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With approximately $52 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

For further information:

Media, please contact AGF Public Relations and Public Affairs:


Amanda Marchment      
Lucy Becker
416-865-4160                                                                          416-865-4284
amanda.marchment@agf.com                                                lucy.becker@agf.com