Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  The indicated rate[s] of return is [are] the historical annual compounded total return[s] including changes in [share or unit] value and reinvestment of all [dividends or distributions] and does [do] not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The payment of distributions should not be confused with a fund’s performance, rate of return or yield.  If distributions paid by the fund are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, an income and dividends earned by a fund are taxable in your hands in the year they are paid. Your adjusted cost based will be reduced by the amount of any returns of capital. If your adjusted cost base falls below zero, you will have to pay capital gains tax on the amount below zero.

¹AGF Emerging Markets Fund received the 2010 Lipper Fund Award for achieving the best three- and five-year returns in the Emerging Markets Equity category, for the period ending November 30, 2009. Performance for AGF Emerging Markets Fund for that same period is as follows: one year 68.6%, 3 year 6.70% and 5 year 17.90%. The peer group for both three and five years consists of 13 funds within the category. The Lipper Fund Awards recognize funds with at least 36 months of performance history that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. Lipper, a Thomson Reuters company, uses the Lipper Leader for Consistent Return methodology to designate award winning funds. For more detailed information on the Lipper Fund Awards, please visit www.lipperweb.com.