AGF Management Limited Confirms Name Change

TORONTO , Nov. 2 /CNW/ - AGF Management Limited has confirmed that effective today AGF Funds Inc. has legally changed its name to AGF Investments Inc.

This name change follows the announcement in April 2009 to bring together the retail (AGF Funds Inc.) and institutional/private client (AGF Asset Management Group Limited) businesses under one banner: AGF Investments.

"AGF Investments reflects our commitment to clients and excellence in money management," said Blake C. Goldring, Chairman and CEO, AGF Management Limited. "It allows us to better leverage our core investment management competency across all distribution channels and keeps with our mission of helping investors succeed."

As the core focus of the firm, AGF Investments Inc. is a diversified investment management company that provides industry-leading services to Canadian and international investors including the retail, institutional and private client.

Our internal investment managers will continue to manage funds under the new name AGF Investments.

About AGF Management Limited

AGF Management Limited is one of Canada's premier investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products and services include a diversified family of award-winning mutual funds, AGF Elements portfolios, the Harmony asset management program, services for institutional and private clients, as well as AGF Trust GICs, loans and mortgages. With approximately $44.1 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.

For further information: Media, please contact: Lucy Becker, Vice-President, Corporate Communications, [phone], [email protected]; Amanda Marchment, Manager, Corporate Communications, [phone] ext. 2140, [email protected]