AGF European Equity Class
Fund Price: $22.38 (as at July 29, 2010) 1-day chg: $.07 0.31% YTD: -15.16%
Returns as at June 30, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | 0.15% | 0.19% | 0.55% |
| 3 Months | -17.27% | -10.71% | -10.80% |
| 6 Months | -25.74% | -13.50% | -15.16% |
| 1 Year | -16.78% | -2.83% | -2.71% |
| 2 Year Avg | -18.20% | -16.00% | -14.30% |
| 3 Year Avg | -21.77% | -15.66% | -14.51% |
| 4 Year Avg | -12.28% | -6.41% | -5.57% |
| 5 Year Avg | -6.39% | -2.59% | -1.98% |
| 10 Year Avg | -0.46% | -3.88% | -2.36% |
| 15 Year Avg | 5.28% | 3.16% | 4.77% |
| 20 Year Avg | - | 3.42% | 6.45% |
| Since Inception | 5.76% | - | - |
| 2009 | 15.10% | 12.99% | 16.18% |
| 2008 | -36.58% | -35.02% | -32.55% |
| 2007 | -11.75% | -0.61% | -2.98% |
| 3 year risk | 23.14 | 20.57 | 19.27 |
| 3 year beta | 1.11 | 0.97 | 1.00 |
*MSCI Europe ($ Cdn)
Growth of $10,000
Risk Measures as at June 30, 2010
Best/Worst 12 months (since inception)
| Best (ending May 98): | 61.31 |  |  |
| Worst (ending Nov 08): | -41.24 |  | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The investment objective of the fund is to provide long-term capital growth through shares of undervalued European equities. Fund managers use a disciplined, bottom-up value approach that targets stocks with a below-average price/earnings ratio and above-average dividend yield. Country allocation is a by-product of the location of attractive valuations. The fund 's market cap also reflects where attractive valuations can be found.
Fund Facts
| Fund Sponsor: | AGF Investments Inc. |
| Managed by: | AGF Investments Inc. |
| Fund Type: | MF Corp |
| Inception Date: | April 1994 |
| Asset Class: | European Equity |
| Quartile Rank: | 4 (3YR ending June 30, 2010) |
| Total Assets: | $451.7 million |
| Mgmt Exp. Ratio (MER): | 3.13% |
| Management Fee: | 2.50% |
| Load Type: | Optional |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $500
- Subsequent:
- $25
- Min. Invest (initial RRSP):
- $500
- Subsequent RRSP:
- $25
- Closed:
- No
- Restricted:
- No
- Restriction:
Asset Allocation June 30, 2010
Equity Sector Weightings June 30, 2010
Fund Geography June 30, 2010
Top Holdings as at June 30, 2010
| Symbol | Company Name | Sector | Geographic Area | Asset Type | % of Total Assets | Performance as at July 29, 2010 1 Year Performance (%) | |||
|---|---|---|---|---|---|---|---|---|---|
| SNY-N | Sanofi-Aventis | Biotechnology & Pharmaceuticals | France | Stock | 9.09 | -11.25 | | | |
| RDS.B-N | Royal Dutch Shell PLC | Integrated Oils | United Kingdom | Stock | 8.51 | 2.03 | | | |
| - | BNP PARIBAS | Banks | France | Stock | 8.43 | - | | | |
| - | Soci�t� G�n�rale SA | Banks | France | Stock | 7.95 | - | | | |
| - | Royal & Sun Alliance Ins Grp | Insurance | United Kingdom | Stock | 6.97 | - | | | |
| - | Kingfisher PLC | Specialty Stores | United Kingdom | Stock | 6.68 | - | | | |
| FTE-N | France Telecom | Telephone Utilities | France | Stock | 6.23 | -14.19 | | | |
| GSK-N | GlaxoSmithKline PLC | Biotechnology & Pharmaceuticals | United Kingdom | Stock | 5.47 | -8.41 | | | |
| - | UniCredito Italiano SpA | Banks | Italy | Stock | 4.42 | - | | | |
| - | AXA | Insurance | France | Stock | 4.26 | - | | | |
Portfolio Manager(s)
John Arnold
AGF International Advisors Co. Ltd.
Start Date: April, 1994
Fund Return: 5.87%
John is one of the most seasoned investment professionals in equity markets, having more than 38 years experience. In 1993, he joined AGF International Advisors Co. Ltd (AGFIA), and has been its Managing Director since 1994. He has been instrumental in building AGFIA�s investment team and research capabilities. As Chief Investment Officer, John has driven the development of AGF�s globally recognized equity asset management expertise. He co-manages AGF European Equity Class, which is recognized as one of the best performing European equity funds in the world. In 2006, AGF�s prominent global fund, AGF International Value Fund, was awarded to John and his team to advise. John has had a distinguished career. Before joining AGFIA, he worked in the U.K. for several prestigious international asset management companies. John held the position of U.K. equity manager, global equity manager and investment director. John received his Diploma of Commerce from Portsmouth Polytechnic. He holds the Associate of the Corporate Institute of Secretaries (ACIS) designation, as well as the UK Association of Investment Professionals (ASIP) designations.
Also manages:AGF Global Value, AGF Global Value Class, AGF International Stock Class, AGF World Balanced
View fund manager performance report
Rory Flynn, BA, MBS, CFA
AGF International Advisors Co. Ltd.
Start Date: June, 1996
Fund Return: 4.49%
Rory joined AGF in 1992. He has spent his entire investment career with AGF in Dublin, initially as an investment analyst and fund advisor, eventually being promoted to head the Dublin research department. Rory has developed into a world-class fund manager, winning awards as co-manager of the AGF European Equity Class. He has broadened his investment expertise into global financial services, as well as managing a globally competitive U.S. value fund. Prior to joining AGF, Rory was a lecturer of accounting and finance at the University of Limerick. He is a member of the Institute of Investment Management and Research and received his diploma in Technical Analysis in 2003.
Also manages:AGF Global Value, AGF Global Value Class, AGF International Stock Class, AGF World Balanced, ONE All-Star Portfolio Note
