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AGF Announces Closure and Liquidation of AGFiQ U.S. Market Neutral Value Fund, The Canadian Business Journal

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BOSTON, Nov. 20, 2020 (GLOBE NEWSWIRE) — AGF Investments LLC announced today the closure and liquidation of AGFiQ U.S. Market Neutral Value Fund (CHEP) on or about December 30, 2020.
The decision to close and liquidate was driven by the firm’s continued effort to simplify and streamline their offerings; as well as the small number of investors, relatively low assets and the costs associated with maintaining the ETF.Before investing you should carefully consider each Fund’s investment objectives, risks, charges and expenses. This and other information is in the Fund’s prospectus which can be obtained by visiting www.AGF.com. Please read the prospectus carefully before you invest.Risks: There is no guarantee that the Funds will achieve their objective. An investment in the Funds is subject to risk including the possible loss of principal amount invested. The risks associated with each Fund are detailed in the prospectus and include, but not limited to, tracking error risk, mid-cap risk, industry concentration risk, market neutral style risk, short sale risk and specific risks related to exchange traded funds. There is a risk that during a “bull” market, when most equity securities and long only ETFs are increasing in value, the Funds’ short positions will likely cause the Fund to underperform the overall U.S. equity market and such ETFs. The Fund may not be suitable for all investorsABOUT AGF MANAGEMENT LIMITED
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations. AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia.
With over C$36 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.Distributor: Foreside Fund Services, LLC

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