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AGF Announces Results of Special Meetings of Securityholders and Implementation of Certain Fund Changes Approved by Securityholders
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Following special meetings of securityholders held on&...
About this update from Agf Management Limited Class B
[{"type":"text","content":"AGF Announces Results of Special Meetings of Securityholders and Implementation of Certain Fund Changes Approved by Securityholders\n\n\n\n TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Following special meetings of securityholders held on June 26, 2025, AGF Investments Inc. (AGF Investments) today announced that securityholders approved the proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund (each a “Fund”, and collectively, the “Funds”), as follows:\n \n\n\n\n\n Fund\n \n\n\n\n Current Investment Objective\n \n\n\n\n Proposed Investment Objective\n \n\n\n\n\n AGF Short-Term Income Class\n \n\n The Fund’s objective is to provide maximum income while preserving capital and liquidity. It invests primarily in short-term instruments, government guaranteed securities and corporate paper with a minimum A credit rating.\n \n\n The Fund’s objective is to provide maximum income, while preserving capital and liquidity. It invests primarily in Canadian money market instruments, such as Canadian treasury bills.\n \n\n\n\n AGF Global Sustainable Growth Equity Fund\n \n\n The Fund's investment objective is to provide long-term capital appreciation by investing primarily in a diversified portfolio of equity securities, globally, which fit the Fund’s concept of sustainable development.\n \n\n The Fund's investment objective is to provide long-term capital appreciation by investing in companies that are delivering a positive sustainability impact by providing solutions to the key challenges in sustainable development.\n \n\n\n\n\n\n\n\n\n\n\n\n The new investment objectives will be implemented by AGF Investments by an amendment to the simplified prospectus of the Funds, on or about July 15, 2025. In connection with the investment objective changes, the following changes will also be made to the Funds on or about July 15:\n \n\n\n\n Strategy Changes:\n \n The investment strategies of the Funds will be amended to align with the new investment objectives of the Funds, as further detailed in the management information circular referenced below.\n \n\n\n\n\n Name Change:\n \n AGF Short-Term Income Class will change its name to AGF Canadian Money Market Class.\n \n\n\n At the meetings, securityholders also approved changes to...