AGF Funds Inc. is bringing the management of a couple of its funds in-house. Effective immediately, AGF Funds Inc. is assuming the role of investment advisor on the AGF European Asset Allocation Fund, and the Harmony Americas Small Cap Equity Pool. Munder Capital Management will continue as co-manager on Harmony Americas Small Cap Equity Pool.

AGF has also announced a proposal to merge AGF European Asset Allocation Fund into AGF World Balanced Fund, subject to regulatory and unitholder approval. And, it is also proposing to change the investment objectives of Harmony RSP North American Small Cap Pool, Harmony RSP Overseas Equity Pool and Harmony RSP U.S. Equity Pool, subject to regulatory and unitholder approval.

Special unitholder meetings will be held on May 16 to decide these issues. The annual meetings of the AGF All World Tax Advantage Group Limited, AGF Canadian Resources Fund Limited and AGF Canadian Growth Equity Fund Limited will also be held on May 16.