AGF Investments Inc. is rolling out three new funds and other enhancements designed to generate income, preserve capital and deliver sustainable long term returns as part of its strategy to offer investors products for every stage of their lives, the company said Monday.

The new income products include: AGF Traditional Income Fund; AGF Global Aggregate Bond Fund; and AGF Pure Canadian Balanced Fund.

AGF Traditional Income Fund, available immediately, is managed by Peter Frost, together with Tristan Sones and Tom Nakamura of AGF’s fixed income team, and offers investors a 5% annual distribution, paid monthly. The investments focus on providing income with capital preservation.

AGF Global Aggregate Bond Fund will be available to investors on July 15. The fund will invest primarily in investment grade debt securities of governments, corporations and other issuers around the world. This will enable managers Jean Charbonneau and Tom Nakamura to invest in the best opportunities for growth, interest and capital appreciation, AGF says.

AGF Pure Canadian Balanced Fund, available immediately, offers a balanced fund with a home country bias. The fund invests in Canadian bonds and stocks, almost exclusively, and is managed by industry veteran Martin Hubbes, together with Charbonneau, Sones and Nakamura, of AGF’s fixed Income Team.

In addition AGF announced name changes for two its balanced funds.

AGF Canadian Balanced Fund changes to AGF Canadian Asset Allocation Fund to better describe the product, while AGF Canadian Balanced Value Fund changes to AGF Traditional Balanced Fund to better describe the style of management.

Combined with last month’s strategy enhancement to AGF Monthly High Income Fund, the firm is now offering a wide spectrum of products across the income continuum, AGF says.

“AGF offers a multi-style, multi-disciplined platform to ensure our product suite meets the needs of investors across the spectrum. These funds are being managed by seasoned industry veterans who can effectively balance both the need to generate income and protect capital,” says executive vice president and CIO Martin Hubbes adds.

IE