AGF has launched its new Canadian value, led by award-winning portfolio manager Keith Graham.
AGF said that Thursday that he new names for the first two funds in the value line-up are AGF Canadian Real Value Fund (previously AGF Canadian Value Fund) and AGF Canadian Real Value Balanced Fund (previously AGF Canadian Tactical Asset Allocation Fund).
“The AGF Canadian value platform will be a suite of domestic funds that looks for real value by buying primarily Canadian companies with solid fundamentals at attractive prices,” said Blake Goldring, president and CEO of AGF, in a news release.
As part of the launch, AGF also outlined new investment objectives for AGF Canadian Real Value Balanced Fund, to better reflect Keith Graham’s management style. The new objectives are subject to unitholder approval at a meeting on September 25.
“The new fund names reflect my investment approach. I look beyond traditional measures to determine the real, intrinsic value of a business. Then I wait for a chance to buy a quality business for less. That’s how I get long-term growth potential at bargain prices,” said Graham, senior vice president and portfolio manager, AGF.
Graham joined AGF in May fro AIM Funds Management Inc. At AIM, Graham had co-managed Trimark Canadian Small Companies Fund, Trimark U.S. Small Companies Class and was part of the four-person team that manages Trimark Income Growth Fund.
AGF will host a webcast with Graham to discuss the “real value” approach at 14:00 ET on September 23, 2003. The webcast will be available on www.agf.com.
AGF unveils value fund line-up
New names, new manager for first funds of Canadian value platform
- By: IE Staff
- September 11, 2003 September 11, 2003
- 08:30