BOSTON, May 2, 2012 /PRNewswire/ -- Eaton Vance Corp. (Eaton Vance) and AGF Management Limited (AGF) announced today the launch of new mutual funds in the U.S. and Canada that combine the investment management and distribution strengths of the two organizations.
Eaton Vance Global Natural Resources Fund
Eaton Vance Global Natural Resources Fund is being offered in the U.S. by Eaton Vance and sub-advised by AGF Investments America Inc. (AGFA), a wholly owned subsidiary of AGF. The Fund's portfolio manager, Robert Lyon, is a senior member of the AGFA global resources team with over two decades of investment experience. The Fund seeks long-term capital growth by investing primarily in equity and equity-related securities of companies around the world engaged in the development, production or distribution of natural resource-related products and services. The Fund will employ a top-down approach to asset and sector allocation and individual stock selection.
"We are pleased to introduce AGF's global natural resource management capabilities to the U.S. fund marketplace," said Thomas E. Faust Jr., Chairman and Chief Executive Officer of Eaton Vance. "Canada is home to many of the world's leading resource companies, providing AGF with close access to the most current thinking and best opportunities in natural resource investing."
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