AGF plans to merge fund with a better performer

Article Abstract:

AGF Management Ltd., a leading mutual-fund management company, plans to combine its C$371.9-million AGF Canadian Growth Fund with the poorly-performing C$560-million AGF Canadian Equity Fund. AGF Management is seeking the endorsement of AGF Canadian Equity's unitholders for its planned mutual-fund combination, which will be re-christened as AGF Canadian Stock Fund. The planned combination of the two mutual funds is projected to occur on Sep. 30, 1998.

Comment:

Plans to combine its C$371.9-mil AGF Canadian Growth Fund w/ the poorly-performing C$560-mil AGF Canadian Equity Fund

Author: Won, Shirley
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
Strategy & planning, AGF Management Ltd., Article

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BPI cuts Misener workload to focus on small-cap fund

Article Abstract:

BPI Financial Corp has replaced Steven Misener as head on several stock funds to enable him to focus on the faltering BPI Small Companies Fund. The small-cap fund, which was run by Misener since 1994, has reported an 35% loss in 1998 compared with the average 13% loss for its class. Misener had also been the lead manager of the C$424.-million BPI Canadian Equity Value Fund.

Author: Won, Shirley
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
Executive changes & profiles, BPI Financial Corp.

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Subjects list: Canada, Mutual funds
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