AGF Funds Inc. is adding 10 new portfolio managers to its popular Harmony managed asset program, the company announced Monday.

Effective immediately, AGF has increased the number of portfolio managers on three of the Harmony pools to further enhance portfolio diversification and return potential for investors.

“Our enhancements to the Harmony program will give investors even greater access to top institutional management,” said Randy Ambrosie, AGF Funds Inc. president, in a release.

“The portfolio managers being added to the Harmony program are leaders in the asset classes they manage and include some of the most respected institutional asset managers from around the world,” he added.

Current portfolio managers INTECH Investment Management LLC and Systematic
Financial Management LP will be joined on the Harmony U.S. Equity Pool by:

> Goldman Sachs Asset Management, LP – Strategic Value;

> Rainier Investment Management, Inc. – Large Cap Growth; and

> Turner Investment Partners, Inc. – Small Cap Core.

William Blair & Company, LLC will no longer be a portfolio manager for the pool.

Current portfolio managers McKinley Capital Management Inc. and Principal Global Investors LLC will be joined on the Harmony Overseas Equity Pool by:

> AllianceBernstein Canada, Inc. – International Value;

> Martin Currie Inc. – GARP; and

> Tradewinds Global Investors LLC – International Value.

Harris Associates LP will no longer be a portfolio manager for the pool.

Current portfolio manager Ridgewood Capital Asset Management Inc. will be joined on the Harmony Canadian Equity Pool by:

> Connor, Clark & Lunn Investment Management Ltd.- Quantitative Value;

> Highstreet Asset Management Inc. – Quantitative Small Cap;

> MFC Global Investment Management (Canada) – Large Cap Growth; and

> Scheer, Rowlett & Associates Investment Management Ltd. – Fundamental Value.

Foyston, Gordon & Payne Inc. and AGF Funds Inc. will no longer be portfolio managers for the pool.

AGF said each of these portfolio managers were recommended by Wilshire Associates Inc., which provides its independent, third-party money management expertise to advise on asset allocation, manager selection and portfolio construction for AGF’s Harmony managed asset program.

“The newly expanded teams of portfolio managers on the pools strongly complement each other and the Harmony program,” said Ambrosie.

IE