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.
For further information:
For media inquiries, contact AGF Public Relations & Public Affairs: