AGF Funds Inc. today unveiled two new funds that it says offer clients unique access to top-rated managers and round out AGF’s income and U.S. equity line-up.#

AGF Dividend Income Fund, formerly ING Canadian Dividend Income Fund, is one of the industry’s top-rated dividend funds.

The fund, now managed by AGF, was created from the $154 million ING Canadian Dividend Income Fund and will continue to be sub-advised by ING Investment Management’s Marc-André Robitaille and David Tremblay.

The fund employs ING Investment Management’s Dividend Roll Over Program (DROP), an innovative management style that seeks to maintain a portfolio of stable, secure stocks and to maximize yield by taking advantage of the staggered dividend payout schedules of Canadian large-cap companies.

“It’s not often that a new fund is launched with such an impressive track record,” said Randy Ambrosie, executive vice president, sales and marketing, AGF Funds Inc., in a release. “The AGF Dividend Income Fund provides investors with long-term capital appreciation and monthly income potential. It will play a crucial role in rounding out our income offering with a unique dividend play.”

AGF has also launched AGF U.S. Risk-Managed Class, managed by Enhanced Investment Technologies LLC (INTECH), which currently manages the U.S. Equity Pool for Harmony, AGF’s tailored investment program.

INTECH has managed institutional portfolios since 1987. Its active strategies are based on a mathematical theorem that attempts to capitalize on the random nature of stock price movements and achieve long-term returns that outperform the benchmark index, while controlling risks and trading costs.

“INTECH brings a unique and sought-after approach to risk management that is unbiased, repeatable and unique,” said Ambrosie. “The results are incredibly strong, with top decile performance, while risk lies at the bottom of its competitive set.”