AGF Funds Inc. today launched AGF Elements, an offering of five diversified portfolios, built by leading pension consultant and investment management firm, Wilshire Associates.
With the new portfolios, AGF is making an unprecedented commitment to quality of money management. If a portfolio does not match or outperform its customized benchmark over a three-year average annualized period, investors will receive up to 90 bps (0.90%) in new units.
“We are committed to performance and excellence in money management,” said Randy Ambrosie, executive vp, AGF Funds Inc., in a release.
With a single purchase, an investor can draw from AGF’s selection of nearly 50 funds in Canadian, U.S. and global core and niche asset classes.
Portfolios are crafted to satisfy investors’ specific risk tolerances and allow diversification by asset class, region and management style.
AGF Elements is composed of five portfolios:
- Conservative — 60% fixed income, 40% equities;
- Balanced — 40% fixed income, 60% equities;
- Growth — 20% fixed income, 80% equities;Global — 100% equities; and
- Yield — 50% fixed income, 50% income-producing equities.
AGF has partnered with Wilshire Associates Inc., a leader in providing institutional investment consulting and developing customized investment solutions, to construct portfolios, conduct quarterly reviews and make recommendations for rebalancing and dynamic asset allocation.
Founded in 1972, Wilshire created the Dow Jones Wilshire 5000 Index, the broadest measure of the U.S. Equity market.