As part of the development of a new Canadian value platform, AGF Funds Inc. is assuming responsibility as portfolio manager for AGF Canadian Tactical Asset Allocation Fund and AGF Canadian Value Fund.

Effective Sept. 3, AGF will replace Barclays Global Investors Canada Ltd. on AGF Canadian Tactical Asset Allocation Fund and Magna Vista Investment Management on AGF Canadian Value Fund. Keith Graham will be portfolio manager of the two funds when he joins AGF on Sept. 3.

AGF also announced that a special meeting of unitholders Sept. 25 to approve amendments to the investment objectives of AGF Canadian Tactical Asset Allocation Fund. Unitholders also be asked to approve the merger of AGF World Balanced Fund into AGF American Tactical Asset Allocation Fund and AGF RSP World Balanced into AGF RSP American Tactical Asset Allocation Fund. The merged funds will be renamed AGF World Balanced Fund and AGF RSP World Balanced Fund and will adopt the investment objectives of the existing AGF World Balanced Fund and AGF RSP World Balanced Fund. The mergers are to take effect Oct.3.