Alternative Investing Strategies

This calculator is hypothetical and for illustrative purposes only. Actual portfolio results may differ and are subject to inherent limitations and risks. The hypothetical initial portfolio presented and hypothetical performance are not indicative of actual or future results. One cannot invest directly in an index.

Source: Morningstar Research Inc. Data used for the calculation of the hypothetical Initial Portfolio and Hedge Allocation shown above is updated on a quarterly basis and is based on the monthly historical index return data from September 1, 2011 to March 31, 2023 (the “Period”). ©2023 Morningstar. All Rights Reserved. The information, data, analyses and opinions contained herein (1) include the confidential and proprietary information of Morningstar, (2) may include, or be derived from, account information provided by your financial advisor which cannot be verified by Morningstar, (3) may not be copied or redistributed, (4) do not constitute investment advice offered by Morningstar, (5) are provided solely for informational purposes and therefore are not an offer to buy or sell a security, and (6) are not warranted to be correct, complete or accurate. Except as otherwise required by law, Morningstar shall not be responsible for any trading decisions, damages or other losses resulting from, or related to, this information, data, analyses or opinions or their use. This report is supplemental sales literature. If applicable it must be preceded or accompanied by a prospectus, or equivalent, and disclosure statement.

The hypothetical initial portfolio is based on the following asset class allocations, each represented by historical index performance or yield for the Period: 0% Hedge Allocation, 5% cash (3-month Government of Canada Treasury Bill yield), 25% Canadian bonds (Bloomberg Aggregate Canada Bond Index), 10% Global Bonds (Bloomberg Aggregate Global Bond Index), 30% Canadian equities (S&P/TSX Composite Index TR (CAD)). 20% US Equities (S&P 500 Index) and 10% global equities (MSCI World ex-Canada Index (Gross Total Return Index (CAD)).

The Alternative Allocation adds an allocation to equity hedge funds to the Initial Portfolio. The equity hedge fund allocation is based Dow Jones U.S. Thematic Market Neutral Low Beta (CAD-Hedged) Index. The allocations to cash, bonds, Canadian equities, and global equities in the Hedge Allocation are adjusted on a proportional basis relative to increases and decreases to the hedge fund allocation. All hypothetical returns are annualized since inception.

Hypothetical Performance:

The information presented from the Portfolio Allocation Tool are hypothetical in nature and presented for information purposes only.  The tool demonstrates hypothetical performance results from increasing the weight of a hedge allocation relative to proportions of fixed income (Canadian bond, global bond), equity (Canadian equity, US equity, global equity), and cash.  AGF Investments Inc. (“AGF”) does not guarantee the tool to be correct, complete or accurate.  Actual performance results may vary significantly and the information presented should not be considered as investment advice nor as an offer to engage in any security transactions.  We strongly recommend consulting with a professional advisor prior to making investment decisions.

Hypothetical performance information carries inherit risks and limitations and should not be considered as an indication or guarantee of future performance.  Hypothetical performance does not consider the impact of financial and event risks and which cannot be captured in a simulated portfolio allocation.  As there are no transactions involved in the portfolio allocation tool, certain risks related to the market and the liquidity of securities cannot be captured that will impact actual performance.  There may be other risks involved that are not mentioned here which could cause the hypothetical performance to be overstated.  Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Actual performance results may differ significantly from the results demonstrated in the portfolio allocation tool.

This portfolio allocation tool is provided to you by AGF Investments Inc. (“AGFI”) for informational purposes only on the understanding that, as an investor you will understand and accept its inherent limitations, you will not rely on it in making any investment decision with respect to any securities that may be issued and does not constitute an offer to sell, or a solicitation of an offer to buy, securities in any fund.

While AGFI makes effort to ensure that the contents herein have been obtained or derived from sources believed by AGFI to be reliable, it cannot guarantee the accuracy of any such information and does not represent that such information is accurate or complete. The information presented herein is current only as of the particular dates specified for such information and is subject to change without notice.

The Dow Jones U.S. Thematic Market Neutral Low Beta Index (CAD-Hedged) is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The Dow Jones U.S. Thematic Market Neutral Low Beta Index (CAD-Hedged) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P and their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones U.S. Thematic Market Neutral Low Beta Index (CAD-Hedged).

Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Bloomberg does not approve or endorse this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

The MSCI information referenced may only be used for your internal use, may not be reproduced or disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information.  Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com).

The information contained in this report has been obtained from sources believed reliable, however the accuracy and/or completeness of the information provided herein is not guaranteed by AGF, nor does AGF assume any responsibility or liability whatsoever. 

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