TORONTO, April 22, 2020 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGFI) today announced a series of risk ratings changes to its fund line-up and a fund name change.
Risk Rating Changes
Effective today, AGFI is decreasing the risk rating for eight funds.
| Fund Name | Previous Risk Rating | Revised Risk Rating |
| AGF Canadian Growth Equity Class | Medium to High | Medium |
| AGF China Focus Class | High | Medium to High |
| AGF Diversified Income Class | Low to Medium | Low |
| AGF Diversified Income Fund | Low to Medium | Low |
| AGF Equity Income Fund | Low to Medium | Low |
| AGF Floating Rate Income Fund | Low to Medium | Low |
| AGF Global Bond Fund | Low to Medium | Low |
| AGF Global Strategic Balanced Fund | Medium | Low to Medium |
No material changes have been made to the investment objectives, strategies or management of the funds.
Name Change
Effective today, AGFI is also changing the name of AGF Equity Income Focus Fund to AGF Equity Income Fund.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of 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 over $34 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
The term AGF may refer to one or more of the direct and indirect subsidiaries of AGF Management Limited or to all of them jointly. These terms are used for convenience and do not precisely describe any of the separate companies, each of which manages its own affairs.
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.
AGF Investments Inc. is a subsidiary of AGF. AGFI is registered as a portfolio manager across Canadian securities commissions
Media Contact
Amanda Marchment
Director, Corporate Communications
416-865-4160
amanda.marchment@agf.com
Source: Société de Gestion AGF
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