A comprehensive solution designed to help affluent Canadians protect and grow their wealth
TORONTO, Dec. 3, 2012 /CNW/ - AGF Investments Inc. (AGF) announced today the launch of AGF Gold Label, a comprehensive investment solution designed to meet the unique needs of affluent investors.
AGF Gold Label ("Series Q") provides qualified investors access to a diverse range of investment solutions with the benefit of preferred pricing. Investors must invest a minimum of $100,000 in order to be eligible.
"Research indicates that Canada's upscale and affluent investors are a growing market. In fact, this segment is expected to grow at a faster pace than the market as a whole over the next decade*," said Gordon Forrester, Executive Vice-President, Product and Marketing and Head of Retail.
"We are committed to providing the types of products and solutions that will help advisors meet the needs of Canadian investors," said Forrester.
AGF Gold Label, exclusively available to qualified investors through financial advisors, provides access to:
- Preferred Pricing: Preferred pricing, with blended tier pricing available for subsequent purchases provided they are in the same asset class. Investors must place a minimum of $100,000 into each fund in each account, in order to qualify for purchase into AGF Gold Label.
- World-Class Investment Management: A broad range of investment solutions managed by teams based in AGF's centres of excellence around the world.
- Household and Account Aggregation: The opportunity to reduce pricing further through household and account aggregation.
- Greater Fee Transparency: Fees charged to clients accounts are disclosed on statements and may be tax deductible. Investors are encouraged to consult their tax professional.
AGF Gold Label is offered on a wide range of funds across the spectrum, including equity, fixed income and balanced funds.
"With the launch of AGF Gold Label, AGF builds on a long history of providing comprehensive investment solutions to meet the diverse needs of our clients," added Forrester.
*Source: Pooled Fund Research, Investor Economics, July 2011
About AGF Management Limited
AGF Management Limited is one of Canada's premier independent investment management 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. With over $41 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.
Caution Regarding Forward-Looking Statements
This release includes forward-looking statements. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes' or negative versions thereof and similar expressions, or future or conditional verbs such as 'may,' 'will,' 'should,' 'would' and 'could.' Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, economic factors, business prospects, business performance and opportunities. While the company considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements due to, but not limited to, important risk factors such as level of assets under management, volume of sales and redemptions of investment products, performance of investment funds and of investment managers and advisors, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations, as well as interest and foreign-exchange rates, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, and the company's ability to complete strategic transactions and integrate acquisitions. The company cautions that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Forward-looking statements are given only as at the date of this release and other than specifically required by applicable laws, the company is under no obligation (and expressly disclaims any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. Additional risks and uncertainties can be found in our MD&A for the fiscal year ended November 30, 2011 under the headings "Caution Regarding Forward-Looking Statements" and "Risk Factors and Management of Risk" and in our other filings with Canadian securities regulatory authorities.
For further information:
For media inquiries, contact AGF Corporate Communications:
Manager, Corporate Communications