Senior Vice-President and Portfolio Manager
AGF Funds Inc.

Patricia Perez-Coutts joined AGF in 2001 as an emerging markets specialist. She was named Portfolio Manager of AGF Latin America Fund in 2001 and AGF India Fund in 2002. Both funds were later merged into AGF Emerging Markets Fund, which Patricia has managed since June 2002. The Fund won the Emerging Markets Equity Fund Award at the 2005, 2006 and 2007 Canadian Investment Awards. She continues to contribute investment ideas in emerging markets for AGF Global Equity Fund and AGF World Companies Fund.

Patricia began her career in 1986 as an economist for Peru’s Institute of Foreign Trade. In 1990, she joined First Mercantile Corporation as vice-president of research, coordinating research to create private investment vehicles for high-net-worth clients. In 1994, she joined AIM Trimark Investments as vice-president and portfolio manager, where she co-managed a $250 million mutual fund and built considerable expertise in the Latin America region.

Patricia graduated from Pontificia Universidad Catolica del Peru with an Honours BA in Economics. She earned a BA in Mathematics for Commerce at York University. She is a member of the Toronto CFA Society.

Philosophy:
Patricia’s investment style is bottom-up growth at a reasonable price. She seeks undervalued competitive companies that have the potential for strong, long-term cash earnings growth, clean balance sheets, excellent management teams and dominance of their underlying markets. Her approach emphasizes disciplined selling with an investment horizon of three to five years with low portfolio turnover.

Funds Advised:
AGF Emerging Markets Class	AGF Emerging Markets Fund