AGF Funds Inc. today announced its intention to call special meetings of unitholders for the Harmony Portfolios and Harmony Pools.

An amendment to the simplified prospectus of the Harmony Portfolios and Harmony Pools and a notice of meeting and record date were previously filed respecting each of the meetings, which are scheduled to be held on June 30.

Subject to regulatory and unitholder approvals, AGF is proposing to merge certain Harmony Portofolios.

Harmony RSP Balanced Portfolio (merging portfolio) will merge into Harmony Balanced Portfolio (continuing portfolio).

Harmony RSP Growth Portfolio will merge into Harmony Growth Portfolio.

Harmony RSP Growth Plus Portfolio will merge into Harmony Growth Plus Portfolio.

Harmony RSP Maximum Growth Portfolio Harmony Maximum Growth Portfolio.

If the required unitholder and regulatory approvals are obtained, it is expected that the mergers will be effective after the close of business on or about July 7 after which time the merging portfolios will be wound up and terminated.

In addition, unitholders of the Harmony Portfolios and Harmony Pools will be asked to consider an amendment to the declaration of trust for the Harmony Portfolios and Harmony Pools that would change the circumstances in which unitholder approval would be required in order to affect future amendments to the declaration of trust. The proposed amendments would reflect the declaration of trust governing other investment funds managed by AGF and would simplify the administration of the Harmony Portfolios and Harmony Pools.

The changes for the Harmony Portfolios and Pools are conditional upon unitholder approval and, for the proposed mergers, any applicable regulatory approvals.