AGF files prospectuses for 3 alternative funds

Toronto-based AGF Investments Inc. has filed preliminary prospectuses for three alternative funds, the firm said Wednesday in a release.

The new funds are AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF, and a mutual fund and ETF version of AGFiQ US Long/Short Dividend Income CAD-Hedged Fund/ETF.

The AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index (CAD-Hedged), the release said.

The AGFiQ US Long/Short Dividend Income CAD-Hedged ETF and AGFiQ US Long/Short Dividend Income CAD-Hedged Fund both seek performance results that correspond to the price and yield performance, before fees and expenses, of the Indxx Hedged Dividend Income Currency-Hedged CAD Index.

In the release, Florence Narine, senior vice-president and head of product at AGF Investments, said that alternative asset classes are “fundamental building blocks for well-constructed portfolios, helping investors diversify their sources of returns, contributing to lower volatility and opportunities for better long-term risk-adjusted returns.”

Also read:

Investing in liquid alts

What advisors need to know about liquid alts

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.