AGF Investments (AGFI) announced July 17 that it has filed preliminary prospectuses with securities regulators for the launch of three alternative funds in Canada.
The 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.
“Leveraging our unique strength in both quantitative and alternative investments, including our long history of managing long/short, market-neutral and derivative-based strategies in liquid vehicles in the U.S., we’re excited to bring these innovative strategies to Canadian investors,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF Management Limited.
Fundamental building blocks
“We believe 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,” said Florence Narine, Senior Vice-President, Head of Product, AGFI.