AGF Investments Launches AGF Enhanced U.S. Equity Income Fund
August 21 2023 - 6:45AM
AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today
announced that it is expanding its line-up with the launch of AGF
Enhanced U.S. Equity Income Fund, which effective today is
available as a mutual fund with an ETF series option.
Fund |
Fund Series Available |
ETF Series Ticker |
Risk Rating |
AGF Enhanced U.S. Equity Income Fund |
Series F |
AENU (NEO Exchange) |
Medium |
“This fund seeks to provide investors long-term
capital appreciation while mitigating volatility and generating
consistent income through the use of a dynamic option overlay
strategy,” said Karrie Van Belle, Chief Marketing & Innovation
Officer, AGF Investments. “Further, as we take a more vehicle
agnostic approach, this is the first in a series of strategies we
expect to launch, allowing investors to access our capabilities in
a mutual fund with ETF series.”
AGF Enhanced U.S. Equity Income Fund provides
exposure to a diversified portfolio of dividend-paying U.S. equity
securities combined with an actively managed option writing
strategy that seeks to provide enhanced income potential and
mitigate volatility. The fund will pay a tax-efficient, fixed
monthly distribution.
In the future, AGF Investments intends to expand
its ETF series line-up and expects to initially list ETF series
later this fall of its existing mutual funds AGF Total Return Bond
Fund, AGF Global Real Assets Fund and AGF U.S. Small Mid Cap
Fund.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an
independent and globally diverse asset management firm. Our
companies deliver excellence in investing in the public and private
markets through three distinct business lines: AGF Investments, AGF
Private Capital and AGF Private Wealth.
AGF brings a disciplined approach focused on
providing an exceptional client experience and incorporating sound
responsible and sustainable practices across its businesses. The
firm’s collective investment solutions, driven by its fundamental,
quantitative and private investing capabilities, extends globally
to a wide range of clients, from financial advisors and their
clients to high-net worth and institutional investors including
pension plans, corporate plans, sovereign wealth funds, endowments
and foundations.
Headquartered in Toronto, Canada, AGF has
investment operations and client servicing teams on the ground in
North America and Europe. With over $42 billion in total
assets under management and fee-earning assets, AGF serves more
than 800,000 investors. AGF trades on the Toronto Stock Exchange
under the symbol AGF.B.
About AGF Investments
AGF Investments is a group of wholly owned
subsidiaries of AGF Management Limited, a Canadian reporting
issuer. The subsidiaries included in AGF Investments are AGF
Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF
Investments LLC (AGFUS) and AGF International Advisors Company
Limited (AGFIA). The term AGF Investments may refer to one or more
of these subsidiaries or to all of them jointly. This term is used
for convenience and does not precisely describe any of the separate
companies, each of which manages its own affairs.
AGF Investments Inc. is a wholly-owned subsidiary
of AGF Management Limited and conducts the management and advisory
of mutual funds in Canada.
This information is not intended to provide legal,
accounting, tax, investment, financial, or other advice, and should
not be relied upon for providing such advice. Commissions,
trailing commissions, management fees and expenses all may be
associated with investment fund investments. Please read the
prospectus before investing. Investment funds are not guaranteed,
their values change frequently, and past performance may not be
repeated.
Media Contact
Amanda MarchmentDirector, Corporate
Communications416-865-4160amanda.marchment@agf.com
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