(December 1 – 16:40 ET) – AGF Management Ltd. will provide sales, distribution and administration services to the Working Ventures Canadian Fund. This agreement follows AGF’s purchase of Global Strategy Holdings Inc., which provided these services over the last year.

The agreement with AGF will further enhance Working Ventures’ ability to continue to provide the very best service to investment advisors and shareholders on the most cost-effective basis, says Ron Begg, President and CEO of Working Ventures.

Working Ventures will retain responsibility for communications with shareholders and the investing public. The Fund’s $750 million in assets will continue to be managed by Working Ventures’ management and investment team.

“Now, with the combined strengths of the AGF and Global Strategy selling teams representing us in our relationships with investment advisors, we believe we are well positioned to continue to play a leading role in the increasingly competitive labour-sponsored venture capital fund marketplace,” says Begg.

“We are very pleased to be partnering with Working Ventures,” says Blake Goldring, President and Chief Executive Officer of AGF. “The Fund is a great complement to the broad range of products and services offered by AGF.”
-IE Staff