Enjoy the benefits of AGF Elements^TM portfolios with the added tax efficiency and flexibility of AGF Elements portfolio class options. Now you can switch within your non-registered investments without triggering an immediate taxable capital gain and potentially reduce your tax burden significantly over time.

Investing in the corporate class environment

• Corporate class mutual funds are structured as a corporation rather than a traditional mutual fund trust
• This corporate structure allows you to move from one class to another within the structure without triggering immediate tax consequences

Benefits of AGF Elements portfolio classes Switch between different corporate class investments as your needs and objectives change without incurring an immediate tax liability Enjoy tax-deferred compound growth Defer taxable income until the investment is withdrawn from the corporate class structure, potentially when you are in a lower tax bracket Even more flexibility The four AGF Elements portfolio classes are part of AGF All World Tax Advantage Group Limited, allowing you to switch between these portfolios and more than 20 AGF mutual funds within the structure. AGF Elements portfolio class line-up: AGF Elements Conservative Portfolio Class AGF Elements Balanced Portfolio Class AGF Elements Growth Portfolio Class AGF Elements Global Portfolio Class

Watch your investments grow: the benefit of tax-deferred switching

Corporate class portfolios can increase the value of your investments, thanks to compound growth on deferred taxes. Consider these investors:

Assumptions: There is a capital gains inclusion rate of 50%, a marginal tax rate of 46.41% and an annual rate of return of 7.3% with no distributions/ dividends. Mutual fund trusts and classes (of a mutual fund corporation) will yield different rates, since they may incur different expenses. Distributions/dividends may also vary for mutual fund trusts and the corresponding classes of a mutual fund corporation. Carefully consider these distributions/dividends and fees before investing.