Elements List of Portfolios

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AGF Elements portfolios provide all the essential elements of successful investing. Each portfolio is constructed with complementary funds and is fine-tuned quarterly to capitalize on market trends.

PORTFOLIO NAME	FUND MANAGERS
AGF Elements Conservative Portfolio	AGF Investments Inc. AGF Asset Management Asia Ltd. AGF International Advisors Company Limited (AGFIA) Connor, Clark & Lunn Driehaus Capital Management Highstreet Asset Management Inc.
AGF Elements Balanced Portfolio¹	AGF Investments Inc. AGF Asset Management Asia Ltd. AGF International Advisors Company Limited (AGFIA) Connor, Clark & Lunn Driehaus Capital Management Highstreet Asset Management Inc.
AGF Elements Growth Portfolio²	AGF Investments Inc. AGF Asset Management Asia Ltd. AGF International Advisors Company Limited (AGFIA) Connor, Clark & Lunn Driehaus Capital Management Highstreet Asset Management Inc.
AGF Elements Global Portfolio³	AGF Investments Inc. AGF Asset Management Asia Ltd. AGF International Advisors Company Limited (AGFIA) Connor, Clark & Lunn Driehaus Capital Management Highstreet Asset Management Inc.
AGF Elements Yield Portfolio⁴	AGF Investments Inc. Connor, Clark & Lunn Robitaille Asset Management Inc.

¹ Acuity Alpha Balanced Portfolio merged into AGF Elements Balanced Portfolio, effective August 26, 2011.
² Acuity Alpha Growth Portfolio merged into AGF Elements Growth Portfolio, effective August 26, 2011.
³ Acuity Alpha Global Portfolio merged into AGF Elements Global Portfolio, effective August 26, 2011.
⁴ Acuity Alpha Income Portfolio merged into AGF Elements Yield Portfolio, effective August 26, 2011.

AGF Elements Yield Portfolio received Fundata's A FundGrade® rating as of June 30, 2011 for the Global Fixed Income Balanced category. The peer group for all other funds with over two years of history consists of 53 funds within the category. FundGrade measures risk adjusted returns based on a fund's historical track record and ratings are subject to change monthly. For more information, visit www.fundata.com. For the most recent fund performance data, visit www.AGF.com.

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