Ms. Karrie Van Belle reports

AGF ANNOUNCES PRICING CHANGES, PRELIMINARY PROSPECTUS FILINGS FOR NEW FUNDS AND SELECT FUND/SERIES CLOSURES

AGF Management Ltd.'s AGF Investments Inc. has made pricing changes, filed preliminary prospectuses to launch new funds and closed select fund/series.

"At AGF, we continually review our product lineup to ensure our offerings are responsive to market trends and regulatory changes, while also delivering competitive pricing," said Karrie Van Belle, chief marketing and innovation officer, AGF. "Looking ahead, we are committed to additional enhancements and varying product structures to meet the evolving needs our clients."

Pricing changes

AGF is further refining its lineup, offering more competitive pricing for certain funds. Effective June 1, 2023, AGF will reduce certain fund/series management fees, as indicated in the attached table.

Mutual fund and series launches

New strategy/fund launches

AGF is enhancing its lineup with the launch of two new mutual funds with corresponding exchange-traded fund series options as indicated in the attached table.

"These new strategies are designed to provide access to evolving market trends and will be launching with both mutual fund and ETF series, delivering multiple ways our clients and investors can access our strategies. Focusing on the strategies where the ETF vehicle is in particular demand, we expect to further expand our ETF series lineup on other existing mutual funds later this year," added Ms. Van Belle.

Trust version fund launches

AGF is also launching trust fund versions of three existing corporate class equivalent funds, as set out in the attached table.

Fund/series closures to new investors

AGF is capping certain corporate class funds (applicable series, as indicated). Effective July 5, 2023, AGF will be closing funds/series to new investors, as indicated in the attached table. These funds/series will remain available to existing investors, including those with systematic investment plans.

About AGF Management Ltd.

Founded in 1957, AGF Management is an independent and globally diverse asset management firm delivering excellence in investing in the public and private markets through its three distinct business lines: AGF Investments, AGF Private Capital and AGF Private Wealth.

AGF brings a disciplined approach focused on providing an exceptional client experience and incorporating sound responsible and sustainable practices. The firm's investment solutions, driven by its fundamental, quantitative and private investing capabilities, extend globally to a wide range of clients, from financial advisers and their clients to high-net-worth and institutional investors, including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $42-billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B

AGF Investments is a wholly owned subsidiary of AGF Management and conducts the management and advisory of mutual funds in Canada.