AGF International Value now in favour

Money Digest, June, 2001

Fund has racked up stellar gains on out-of-favour stocks

If you are a value investor looking to diversify internationally, you may want to take a closer look at AGF International Value Fund. This fund, managed by Brandes Investment Partners, uses the value-based approach championed by the legendary Benjamin Graham. The fund tends to buy undervalued stocks, those that are out-of-favour with investors in general.

Because the fund buys out-of-favour stocks, it is suitable for investors with a longer time horizon -- at least 3-to-5 years, although over the past several years, the fund has performed consistently well: 19% (1996); 23.6% (1997); 20.9% (1998); 17% (1999); and 27.8% (2000).

AGF International Value Fund is a load fund and carries a management expense ratio (MER) of 2.8%. The minimum investment is $1,000 and it is eligible for RRSP only for the foreign content portion.

In spite of the fact that this is a load fund and carries a sizable MER, it is worth taking a second look because of its exceptional performance.

                        AGF International Value
                                  Fund
Return
3 month            -0.8%
1 year             31.6%
3 year             16.0%
5 year             20.8%
10 year            16.2%
Web site         agf.com
Phone     1-800-268-8583