Assante Asset Management Ltd. is making changes to the underlying fund holdings of eight Artisan Portfolios. These changes will result from the proposed mergers of certain AGF and Global Strategy funds held in the affected Artisan Portfolios.

In early July, AGF Funds Inc. intends to merge the AGF Global Government Bond Fund into the Global Strategy World Bond Fund and merge the AGF RSP Global Bond Fund into the Global strategy World Bond RSP Fund. As a result of the proposed mergers, the global fixed income holdings of certain of the Artisan Portfolios and their target weightings will change.