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AGF Announces Launch of its First Global Equity Funds in the United States

November 15, 2017 • Announcements

Further deepening its commitment to expanding business

AGF Investments America Inc. (AGF) today announced the launch of two new mutual funds under the Investment Company Act of 1940 that will provide U.S. institutional investors with access to its AGF Global Equity Fund and AGF Global Sustainable Growth Equity Fund.

“Demand for global solutions continues to grow in the U.S. and this launch signals our commitment to providing U.S. institutional investors with additional ways to access AGF’s leading global equity and sustainable investment strategies,” said Kevin McCreadie, President and Chief Investment Officer, AGF Investments Inc.

AGF’s Global Equity Strategy has approximately US$4.4 billion under management as of September 30, 2017 and in the last two years AGF and its subsidiaries have been consistently gaining new mandates and increased allocations from institutional investors across the globe.

At the same time, there is growing demand for sustainable investment strategies in the U.S. A December 2016 Callan Institute Survey on Environmental, Social and Governance (ESG) adoption rates in the U.S. found that the number of U.S. institutional investors that are incorporating ESG factors into their decision making increased to 37% in 2016 up from 29% in 2015 and 22% in 2013.

“The U.S. will be a large area of growth for AGF’s institutional business and these new funds will help facilitate that growth,” added McCreadie.

The two selected strategies demonstrate AGF’s existing brand strength and capabilities in the global equity space:

  • AGF Global Equity Fund: Provides U.S. institutional investors with access to AGF’s Global Equity Strategy managed by Stephen Way, one of the longest tenured global equity managers in North America, since its inception in 1995.
  • AGF Global Sustainable Growth Equity Fund: Provides U.S. institutional investors with access to AGF’s Global Sustainable Growth Equity Strategy, an impact-oriented ESG and sustainable investment strategy led by long-tenured portfolio manager Martin Grosskopf. The retail version of AGF Global Sustainable Growth Equity Fund, launched by Acuity Funds Ltd. in Canada in December 1991, was one of the first sustainable investment funds in the world and the first in Canada to report its footprint.

“'40 Act Funds offer the greatest breadth and distribution potential in the U.S. and we hope these two funds will be the first of many in our U.S. fund platform line-up”, said Florence Narine, Senior Vice- President, Product, AGF Investment Inc.

For more information about AGF visit: AGF.com/institutional

About AGF Investments America Inc.

AGF Investments America Inc. (AGFA) is a SEC registered advisor and was formed in 2007 to service institutional clients in the United States.

AGFA has a dedicated group of employees that perform client service, compliance and business development functions. Additionally, it has a portfolio management team who are dually employed by AGFA and affiliate AGF Investments Inc. (AGFI) (an AGFA affiliate located in Toronto, Canada).

AGFA is a wholly-owned subsidiary of AGF Management Limited (AGF). Founded in 1957, AGF is a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF strives to help investors succeed by delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With approximately US$28.3 billion (as of September 30, 2017) in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

Media Contact

Amanda Marchment
Director, Corporate Communications
416-865-4160

amanda.marchment@agf.com

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (833) AGF-FUND (833-243-3863) or visit our website at www.AGF.com. Read the prospectus or summary prospectus carefully before investing.

Distributor: Foreside Fund Services, LLC.

Investing involves risk including loss of principal. Equity securities are volatile and can decline significantly in response to broad market and economic conditions. Investments in global equity may be significantly affected by political or economic conditions and regulatory requirements in a particular country. International markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Emerging or frontier markets involve exposure to economic structures that are generally less diverse and mature. The less developed the market, the riskier the security. Such securities may be less liquid and more volatile. The universe of sustainable investments may be smaller than that of other funds that do not focus on sustainable development issuers. The Fund may forgo opportunities to gain exposure to certain attractive companies in certain industries and sectors, such as fossil fuel producers, and may have a reduced weighting in others, due to their lack of positive exposure to sustainability themes. Because of these themes, the Fund may underperform the market as a whole if such investments underperform the market.

MEDIA

Media Contact

Amanda Marchment
Director, Corporate Communications
Phone: 416-865-4160
Email: amanda.marchment@agf.com

Karrie Van Belle
SVP, Head of Marketing and Communications
Phone: 416-865-4320