- Offer investors flexibility and potential tax-efficiency
TORONTO, Jan. 26 /CNW/ - AGF Funds Inc. introduced four corporate class
versions of its popular Elements portfolios offering investors more
flexibility and potential tax advantages.
"At AGF, we recognize investors' needs are evolving and tax efficient
solutions are becoming increasingly important," explained Randy Ambrosie,
President of AGF Funds Inc. "In launching the Elements corporate class
portfolios, investors can now switch between corporate class investments as
their needs and objectives change without incurring an immediate tax
The AGF Elements portfolio classes are part of AGF All World Tax
Advantage Group Limited, giving investors the flexibility to switch between
these portfolios and more than 20 AGF corporate class mutual funds. Within the
corporate class structure, investors can benefit from tax deferral and
increased compound growth over the long term.
The four Elements portfolio classes being launched are:
- AGF Elements Conservative Portfolio Class
- AGF Elements Balanced Portfolio Class
- AGF Elements Growth Portfolio Class
- AGF Elements Global Portfolio Class.
"In the current market environment, managed asset solutions such as AGF
Elements are an attractive alternative for investors looking for professional
management and diversification," adds Ambrosie.
Launched in 2005, AGF Elements is a next-generation investment solution
built with the assistance of leading pension consultant and investment
management firm, Wilshire Associates. The evolutionary AGF Elements portfolios
provide the essential elements of successful investing in one simple solution.
Each portfolio is constructed with complementary funds and rebalanced
quarterly to maintain their risk/return profile.
About AGF Management Limited
AGF Management Limited is one of Canada's premier investment management
companies with offices across Canada and subsidiaries around the world. AGF's
products and services include a diversified family of more than 50 mutual
funds, the evolutionary AGF Elements portfolios, the Harmony asset management
program, AGF Asset Management Group services for institutional and
high-net-worth clients, as well as AGF Trust GICs, loans and mortgages. With
approximately $35.8 billion in total assets under management, AGF serves more
than one million investors. AGF trades on the Toronto Stock Exchange under the
For further information:
For further information: AGF Corporate Communications: Lucy Becker,
Vice-President, (416) 865-4284, Lucy.Becker@agf.com; Christine Ramsay,
Communications Manager, (416) 815-6321; Christine.Ramsay@agf.com