AGF Investments Inc. (TSX: AGF.B) has unveiled the launch of the AGF Enhanced U.S. Equity Income Fund, a mutual fund with an ETF series option, available as Series F and listed on the NEO Exchange with the ETF series ticker AENU. The fund aims to provide investors with long-term capital appreciation while managing volatility and generating consistent income through a dynamic option overlay strategy. This expansion aligns with AGF’s approach of offering its capabilities in both mutual funds and ETFs.
The AGF Enhanced U.S. Equity Income Fund offers exposure to a diversified portfolio of dividend-paying U.S. equity securities, combined with an actively managed option writing strategy. This strategy seeks to enhance income potential and reduce volatility. The fund will distribute a fixed monthly amount in a tax-efficient manner.
Looking ahead, AGF Investments plans to broaden its ETF series lineup, with initial ETF series listings expected later in the fall for existing mutual funds such as the AGF Total Return Bond Fund, AGF Global Real Assets Fund, and AGF U.S. Small Mid Cap Fund.