AGF Announces Closure of Harmony Corporate Class Pools

TORONTO, Sept. 12, 2011 /CNW/ - AGF Investments Inc. (AGF) announced today that Harmony Canadian Equity Pool Class, Harmony Non-Traditional Pool Class, Harmony Overseas Equity Pool Class and Harmony U.S. Equity Pool Class (the "Harmony Corporate Class Pools") will close on or about November 14, 2011. Effective today, the Harmony Corporate Class Pools are no longer available for purchase.

The decision to close the Harmony Corporate Class Pools was driven by a combination of the small number of shareholders, relatively low assets and the cost associated with maintaining such small funds.

Prior to the closure on or about November 14, 2011, Harmony Corporate Class Pool shareholders will have the option to switch their investment to a Harmony Corporate Class Portfolio or to redeem their shares. On the closure date, any remaining assets of non-registered plan investors will be redeemed completely, while the assets of registered plan investors will be moved to Harmony Money Market Pool.  Shareholders will not be required to pay any redemption fees or sales charges.

AGF is encouraging shareholders to consult with their financial advisor to determine the solution that best meets their individual investment needs and circumstances.

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 over $48 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.

SOURCE AGF

For further information:

For media inquiries, contact AGF Public Relations & Public Affairs:
Amanda Marchment
416-865-4160
amanda.marchment@agf.com

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