Also announces changes to the portfolio management of Harmony Pools

TORONTO, June 28, 2016 /CNW/ - AGF Investments Inc. (AGF) today announced changes to our high-net-worth solutions, including introducing new qualification criteria for AGF Gold Label and streamlining the number of portfolio managers within the AGF Harmony Program.

AGF Gold Label

Earlier this month, AGF introduced new qualification criteria for AGF Gold Label (Series Q and W) – an investment solution that provides affluent investors with access to AGF's diverse investment management solutions with the benefit of preferred pricing.

Effective June 13, investors can now qualify for AGF's Gold Label program with either $250,000 in aggregate household assets in Series Q and/or W or $100,000 per fund per account in Series Q and/or W.

Harmony Program

As part of our ongoing portfolio manager reviews and evaluations with third-party consultant Wilshire Associates Incorporated, AGF is making changes to the portfolio management of the following Harmony Pools: 

• Harmony Canadian Equity Pool
  
  AGF, Connor, Clark & Lunn Investment Management Ltd., and Highstreet Asset Management Inc. will continue to manage the Pool, while Manulife Asset Management Limited will no longer be a portfolio manager on the Pool.
  
  
• Harmony Overseas Equity Pool
  
  AGF and Barrow, Hanley, Mewhinney & Strauss, LLC will continue to manage the Pool, while Harding Loevner LP will no longer be a portfolio manager on the Pool.

These changes take effect today.  

"We are committed to improving and evolving our product solutions for our high-net-worth clients," said Kevin McCreadie, President and Chief Investment Officer, AGF Investments Inc. "These changes ensure we have an optimal combination of portfolio managers and purchase options to meet the distinct investment needs of this segment of investors."

About AGF Management Limited

Management Limited is one of Canada's premier independent investment management firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. With over $33 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.

SOURCE AGF