TORONTO, June 25, 2015 /CNW/ - Following a special securityholder meeting today, AGF Investments Inc. announced that the following fund mergers have been approved:
- AGF Traditional Balanced Fund into AGF Traditional Income Fund
- AGF Canadian Resources Class into AGF Global Resources Class
"These fund mergers were made to simplify and streamline our product lineup," said Gordon Forrester, Executive Vice-President, Product and Marketing and Head of Retail, AGF Investments Inc. "With so many choices in today's marketplace, our goal is to offer a product lineup that is compelling and meets the needs of our clients."
AGF Investments Inc. has also confirmed that the mergers have received regulatory approval, and will now take effect on or about July 10, 2015.
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 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 approximately $36 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.
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