(November 20 – 12:15 ET) – Global Strategy Financial Inc., which was acquired today by AGF Management Ltd., has announced portfolio advisor changes on eight Global Strategy funds.
Global Strategy has appointed AGF Funds Inc. as the investment advisor to provide portfolio management services for seven funds, and AGF Magna Vista Private Investment Management as advisor on one fund. AGF Funds Inc. will also advise on two funds distributed exclusively by Investors Group.
AGF says the changes are being made to strengthen performance within the combined AGF and Global Strategy fund families.
“AGF is committed to superior fund performance and to ensure that all our funds remain consistent with AGF’s investment standards,” said Blake Goldring, president and CEO, AGF Management Ltd.
Effective today, the following funds will be advised through AGF Funds Inc:
- Global Strategy Canadian Companies Fund;
- Global Strategy Growth and Income Fund:
- Global Strategy Canadian Opportunities Fund;
- Global Strategy Canadian Small Cap Fund;
- Global Strategy Income Plus Fund;
- Global Strategy Gold Plus Fund; and
- Global Strategy World Opportunities Fund.
Global Strategy Canada Growth Fund will be advised by AGF Magna Vista Private Investment Management.
In addition, AGF Funds Inc. will advise on GS Canadian Equity Fund and GS Canadian Balanced Fund, which are distributed only through the Investors Group advisory channel.
Global Strategy Financial Inc. will continue as manager on these funds and the investment objectives on the funds will remain the same.
-IE Staff