AGF Funds Inc. Equity Team

Head Office: Toronto, Ontario
Total Assets Under Management: C$36 billion
Portfolio Managers: 16
Geographic Mandate: Canadian small cap

Investment Philosophy and Approach:

AGF’s mandate is to provide long-term capital growth by investing in Canadian small- to mid-cap companies using a growth style of management. Companies are selected for their ability to provide above-average growth in sales, earnings and/or cash flow.

Accessing a company’s capability to deliver this growth involves a close examination of its ability to finance future growth plans, the competitiveness of its products and services, and a determination of the corporate managers’ ability to enhance shareholder value. This portfolio tends to remain fully invested; the adoption of a buy-and-hold strategy means the portfolio has a low turnover rate.

AGF Funds Inc. Fixed Income Team

Head Office: Toronto, Ontario
Total Assets Under Management: C$36 billion
Portfolio Managers: 16
Investment Style: Interest rate anticipation

Investment Philosophy and Approach:

AGF’s fixed-income investment approach maintains a high level of monthly income, while preserving capital. During periods of increasing interest rates, the managers strive to protect capital; they seek capital appreciation when interest rates are falling. Using top-down fundamental analysis, AGF forecasts interest rates by analyzing inflation, economic growth, employment, and fiscal and monetary policy in Canada and around the world. The individual securities are chosen to minimize credit risk. AGF favours bonds issued by governments and their agencies with a minimum credit rating of ‘A’.