UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number:811-22540
AGF Investments Trust
(Exact name of registrant as specified in charter)
53 State Street
Suite 1308
Boston, MA 02109
(Address of principal executive offices) (Zip code)
William H. DeRoche, President
53 State Street, Suite 1308
Boston, MA 02109
(Name and Address of Agent for Service)
Registrant’s telephone number, including area code:(617) 292-9801
Date of fiscal year end: June 30
Date of reporting period: December 31, 2019
Item 1. Reports to Stockholders.
The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1).
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| | | | Schedule of Investments | |
| | | AGF Global Sustainable Growth Equity Fund | | |
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December 31, 2019 (Unaudited)
Company | | | % of Net Assets | | |||
Thermo Fisher Scientific, Inc. | | | | | 4.6% | | |
Keyence Corp. | | | | | 3.7% | | |
Danaher Corp. | | | | | 3.6% | | |
Kerry Group plc | | | | | 3.5% | | |
Ecolab, Inc. | | | | | 3.5% | | |
Dassault Systemes SE | | | | | 3.4% | | |
Medtronic plc | | | | | 3.3% | | |
Halma plc | | | | | 3.3% | | |
Shimano, Inc. | | | | | 3.1% | | |
Equinix, Inc. | | | | | 2.8% | | |
Sectors | | | % of Net Assets | | |||
Consumer Discretionary | | | | | 5.9% | | |
Consumer Staples | | | | | 3.5% | | |
Energy | | | | | 0.3% | | |
Financials | | | | | 2.9% | | |
Health Care | | | | | 13.6% | | |
Industrials | | | | | 26.8% | | |
Information Technology | | | | | 23.3% | | |
Materials | | | | | 9.9% | | |
Real Estate | | | | | 4.4% | | |
Utilities | | | | | 3.7% | | |
Other(1) | | | | | 5.7% | | |
| | | | | 100.0% | | |
Schedule of Investments
Investments | | | Number of Shares | | | Value | | ||||||
COMMON STOCKS – 92.3% | | ||||||||||||
Auto Components – 2.8% | | ||||||||||||
Aptiv plc | | | | | 371 | | | | | $ | 35,234 | | |
Banks – 2.9% | | ||||||||||||
ING Groep NV | | | | | 1,246 | | | | | | 14,938 | | |
Intesa Sanpaolo SpA | | | | | 8,331 | | | | | | 21,946 | | |
| | | | | | | | | | | 36,884 | | |
Building Products – 7.8% | | ||||||||||||
Geberit AG (Registered) | | | | | 22 | | | | | | 12,348 | | |
Kingspan Group plc | | | | | 475 | | | | | | 29,011 | | |
Nibe Industrier AB, Class B | | | | | 1,292 | | | | | | 22,402 | | |
Trex Co., Inc.* | | | | | 380 | | | | | | 34,154 | | |
| | | | | | | | | | | 97,915 | | |
Chemicals – 9.9% | | ||||||||||||
Albemarle Corp. | | | | | 161 | | | | | | 11,759 | | |
Chr Hansen Holding A/S | | | | | 149 | | | | | | 11,841 | | |
Croda International plc | | | | | 395 | | | | | | 26,789 | | |
Ecolab, Inc. | | | | | 227 | | | | | | 43,809 | | |
Johnson Matthey plc | | | | | 419 | | | | | | 16,628 | | |
Umicore SA | | | | | 281 | | | | | | 13,667 | | |
| | | | | | | | | | | 124,493 | | |
Commercial Services & Supplies – 5.4% | | ||||||||||||
Tetra Tech, Inc. | | | | | 274 | | | | | | 23,608 | | |
Tomra Systems ASA | | | | | 308 | | | | | | 9,767 | | |
Waste Connections, Inc. | | | | | 383 | | | | | | 34,772 | | |
| | | | | | | | | | | 68,147 | | |
Electrical Equipment – 5.0% | | ||||||||||||
Legrand SA | | | | | 350 | | | | | | 28,518 | | |
Prysmian SpA | | | | | 955 | | | | | | 23,021 | | |
Siemens Gamesa Renewable Energy SA | | | | | 629 | | | | | | 11,031 | | |
| | | | | | | | | | | 62,570 | | |
Electronic Equipment, Instruments & Components – 12.8% | | ||||||||||||
Amphenol Corp., Class A | | | | | 131 | | | | | | 14,178 | | |
Halma plc | | | | | 1,475 | | | | | | 41,342 | | |
Hexagon AB, Class B | | | | | 285 | | | | | | 15,975 | | |
Keyence Corp. | | | | | 132 | | | | | | 46,760 | | |
Samsung SDI Co. Ltd. | | | | | 85 | | | | | | 17,346 | | |
Trimble, Inc.* | | | | | 612 | | | | | | 25,514 | | |
| | | | | | | | | | | 161,115 | | |
Energy Equipment & Services – 0.3% | | ||||||||||||
Secure Energy Services, Inc. | | | | | 963 | | | | | | 3,753 | | |
Equity Real Estate Investment Trusts (REITs) – 4.4% | | ||||||||||||
Equinix, Inc. | | | | | 61 | | | | | | 35,606 | | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | | | | | 606 | | | | | | 19,501 | | |
| | | | | | | | | | | 55,107 | | |
Food Products – 3.5% | | ||||||||||||
Kerry Group plc, Class A | | | | | 353 | | | | | | 43,991 | | |
|
Investments | | | Number of Shares | | | Value | | ||||||
Health Care Equipment & Supplies – 9.0% | | ||||||||||||
Asahi Intecc Co. Ltd. | | | | | 890 | | | | | $ | 26,211 | | |
Danaher Corp. | | | | | 294 | | | | | | 45,123 | | |
Medtronic plc | | | | | 366 | | | | | | 41,523 | | |
| | | | | | | | | | | 112,857 | | |
Industrial Conglomerates – 2.4% | | ||||||||||||
Roper Technologies, Inc. | | | | | 84 | | | | | | 29,755 | | |
Leisure Products – 3.1% | | ||||||||||||
Shimano, Inc. | | | | | 242 | | | | | | 39,578 | | |
Life Sciences Tools & Services – 4.6% | | ||||||||||||
Thermo Fisher Scientific, Inc. | | | | | 180 | | | | | | 58,477 | | |
Machinery – 6.2% | | ||||||||||||
Cummins, Inc. | | | | | 154 | | | | | | 27,560 | | |
NFI Group, Inc. | | | | | 251 | | | | | | 5,151 | | |
Westinghouse Air Brake Technologies Corp. | | | | | 215 | | | | | | 16,727 | | |
Xylem, Inc. | | | | | 373 | | | | | | 29,389 | | |
| | | | | | | | | | | 78,827 | | |
Semiconductors & Semiconductor Equipment – 4.9% | | ||||||||||||
Analog Devices, Inc. | | | | | 180 | | | | | | 21,391 | | |
Cree, Inc.* | | | | | 245 | | | | | | 11,307 | | |
First Solar, Inc.* | | | | | 171 | | | | | | 9,569 | | |
Infineon Technologies AG | | | | | 835 | | | | | | 19,023 | | |
| | | | | | | | | | | 61,290 | | |
Software – 5.6% | | ||||||||||||
ANSYS, Inc.* | | | | | 110 | | | | | | 28,315 | | |
Dassault Systemes SE | | | | | 260 | | | | | | 42,740 | | |
| | | | | | | | | | | 71,055 | | |
Water Utilities – 1.7% | | ||||||||||||
American Water Works Co., Inc. | | | | | 176 | | | | | | 21,622 | | |
TOTAL COMMON STOCKS (Cost $975,510) | | | | | | | | | | | 1,162,670 | | |
MASTER LIMITED PARTNERSHIPS – 2.0% | | ||||||||||||
Independent Power and Renewable Electricity Producers – 2.0% | | ||||||||||||
Brookfield Renewable Partners LP | | | | | | | | | | | | | |
(Cost $17,536) | | | | | 526 | | | | | | 24,425 | | |
Total Investments – 94.3% (Cost $993,046) | | | | | | | | | | | 1,187,095 | | |
Other Assets Less Liabilities – 5.7% | | | | | | | | | | | 72,058 | | |
Net Assets – 100.0% | | | | | | | | | | $ | 1,259,153 | | |
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| Aggregate gross unrealized appreciation | | | | $ | 209,120 | | |
| Aggregate gross unrealized depreciation | | | | | (16,059) | | |
| Net unrealized appreciation | | | | $ | 193,061 | | |
| Federal income tax cost of investments (including derivative contracts, if any) | | | | $ | 994,034 | | |
Schedule of Investments
| Belgium | | | | | 1.1% | | |
| Canada | | | | | 2.6% | | |
| Denmark | | | | | 0.9% | | |
| France | | | | | 5.7% | | |
| Germany | | | | | 1.5% | | |
| Ireland | | | | | 5.8% | | |
| Italy | | | | | 3.6% | | |
| Japan | | | | | 8.9% | | |
| Netherlands | | | | | 1.2% | | |
| Norway | | | | | 0.8% | | |
| South Korea | | | | | 1.4% | | |
| Spain | | | | | 0.9% | | |
| Sweden | | | | | 3.0% | | |
| Switzerland | | | | | 1.0% | | |
| United Kingdom | | | | | 6.7% | | |
| United States | | | | | 49.2% | | |
| Other(1) | | | | | 5.7% | | |
| | | | | | 100.0% | | |
December 31, 2019 (Unaudited)
| | | AGF Global Sustainable Growth Equity Fund | | |||
ASSETS: | | | | | | | |
Investments in securities, at value(1) | | | | $ | 1,187,095 | | |
Cash | | | | | 29,597 | | |
Foreign cash(2) | | | | | 7,252 | | |
Receivables: | | | | | | | |
Dividends and interest | | | | | 1,260 | | |
Investment adviser (Note 4) | | | | | 86,723 | | |
Prepaid expenses | | | | | 27,576 | | |
Total Assets | | | | | 1,339,503 | | |
LIABILITIES: | | | | | | | |
Payables: | | | | | | | |
Administration fees | | | | | 25,000 | | |
Transfer Agent fees | | | | | 12,708 | | |
Trustees fees | | | | | 2,506 | | |
Custodian and Accounting fees | | | | | 13,256 | | |
Professional fees | | | | | 19,807 | | |
Accrued expenses and other liabilities | | | | | 7,073 | | |
Total Liabilities | | | | | 80,350 | | |
Net Assets | | | | $ | 1,259,153 | | |
NET ASSETS CONSIST OF: | | | | | | | |
Paid in capital | | | | $ | 1,122,984 | | |
Distributable earnings (loss) | | | | | 136,169 | | |
Net Assets | | | | $ | 1,259,153 | | |
NET ASSETS: | | | | | | | |
Class I | | | | $ | 829,180 | | |
Class R6 | | | | | 429,973 | | |
Total | | | | $ | 1,259,153 | | |
SHARES OUTSTANDING (unlimited number of shares authorized) | | | | | | | |
Class I | | | | | 72,772 | | |
Class R6 | | | | | 37,736 | | |
Total | | | | | 110,508 | | |
NET ASSET VALUE | | | | | | | |
Class I | | | | $ | 11.39 | | |
Class R6 | | | | | 11.39 | | |
(1) Investments in securities, at cost | | | | $ | 993,046 | | |
(2) Cost of foreign cash | | | | $ | 7,115 | | |
For the Period Ended December 31, 2019 (Unaudited)
| | | AGF Global Sustainable Growth Equity Fund | | |||
INVESTMENT INCOME: | | | | | | | |
Dividend income | | | | $ | 6,568 | | |
Foreign withholding tax on dividends | | | | | (463) | | |
Total Investment Income | | | | | 6,105 | | |
EXPENSES: | | | | | | | |
Investment advisory fees (Note 4) | | | | | 3,616 | | |
Administration fees | | | | | 37,500 | | |
Registration and filing fees | | | | | 16,320 | | |
Professional fees | | | | | 105,613 | | |
Trustee fees | | | | | 4,705 | | |
Custodian and Accounting fees | | | | | 20,351 | | |
Transfer Agent fees | | | | | 33,941 | | |
CCO fees | | | | | 6,003 | | |
Treasurer fees | | | | | 12,384 | | |
Other fees | | | | | 10,317 | | |
Total Expenses before Adjustments | | | | | 250,750 | | |
Less: waivers and/or reimbursements by Adviser (Note 4) | | | | | (246,310) | | |
Total Expenses after Adjustments | | | | | 4,440 | | |
Net Investment Income | | | | | 1,665 | | |
NET REALIZED GAIN (LOSS) FROM: | | | | | | | |
Transactions in investment securities | | | | | (8,282) | | |
Foreign currency transactions | | | | | (413) | | |
Net Realized Loss | | | | | (8,695) | | |
NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) FROM: | | | | | | | |
Investment in securities | | | | | 85,827 | | |
Translation of assets and liabilities denominated in foreign currencies | | | | | 93 | | |
Net Change in Unrealized Appreciation | | | | | 85,920 | | |
Net Realized and Unrealized Gain (Loss) | | | | | 77,225 | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | | | $ | 78,890 | | |
| | | AGF Global Sustainable Growth Equity Fund | | |||||||||
| | | Six Months Ended December 31, 2019 (Unaudited) | | | Year Ended June 30, 2019 | | ||||||
OPERATIONS: | | | | | | | | | | | | | |
Net investment income | | | | $ | 1,665 | | | | | $ | 4,090 | | |
Net realized loss | | | | | (8,695) | | | | | | (45,109) | | |
Net change in unrealized appreciation | | | | | 85,920 | | | | | | 105,093 | | |
Net Increase in Net Assets Resulting from Operations | | | | | 78,890 | | | | | | 64,074 | | |
DISTRIBUTIONS | | | | | | | | | | | | | |
Distributable earnings | | | | | | | | | | | | | |
Class I | | | | | (1,281) | | | | | | (1,860) | | |
Class R6 | | | | | (665) | | | | | | (1,860) | | |
Total Distributions | | | | | (1,946) | | | | | | (3,720) | | |
CAPITAL TRANSACTIONS: | | | | | | | | | | | | | |
Class I | | | | | | | | | | | | | |
Capital shares issued | | | | $ | 168,000 | | | | | $ | 200,000 | | |
Capital shares issued in reinvestment of distributions | | | | | 1,181 | | | | | | 1,581 | | |
Total Class I transactions | | | | | 169,181 | | | | | | 201,581 | | |
Class R6 | | | | | | | | | | | | | |
Capital shares issued in reinvestment of distributions | | | | | 565 | | | | | | 1,581 | | |
Total Class R6 transactions | | | | | 565 | | | | | | 1,581 | | |
Net Increase in Net Assets Resulting from Capital Transactions | | | | $ | 169,746 | | | | | $ | 203,162 | | |
Total Increase in Net Assets | | | | | 246,690 | | | | | | 263,516 | | |
NET ASSETS: | | | | | | | | | | | | | |
Beginning of period | | | | | 1,012,463 | | | | | | 748,947 | | |
End of Period | | | | $ | 1,259,153 | | | | | $ | 1,012,463 | | |
SHARE TRANSACTIONS: | | | | | | | | | | | | | |
Class I | | | | | | | | | | | | | |
Beginning of period | | | | | 57,040 | | | | | | 37,505 | | |
Capital shares issued | | | | | 15,629 | | | | | | 19,353 | | |
Capital shares issued in reinvestment of distributions | | | | | 103 | | | | | | 182 | | |
Total Class I − Shares Outstanding, End of Period | | | | | 72,772 | | | | | | 57,040 | | |
Class R6 | | | | | | | | | | | | | |
Beginning of period | | | | | 37,687 | | | | | | 37,505 | | |
Capital shares issued in reinvestment of distributions | | | | | 49 | | | | | | 182 | | |
Total Class R6 − Shares Outstanding, End of Period | | | | | 37,736 | | | | | | 37,687 | | |
Shares Outstanding, End of Period | | | | | 110,508 | | | | | | 94,727 | | |
| | | PER SHARE OPERATING PERFORMANCE | | |||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | Investment Operations | | | Distributions | | | | | | | | ||||||||||||||||||||||||||||||||||||
| | | Net asset value, beginning of period | | | Net investment Income(a) | | | Net realized and unrealized gain (loss) from investments | | | Total investment operations | | | Net investment income | | | Net realized gains | | | Tax return of capital | | | Total distributions | | | Net asset value, end of period | | |||||||||||||||||||||||||||
AGF Global Sustainable Growth Equity Fund – Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Six Months Ended December 31, 2019 (Unaudited) | | | | $ | 10.69 | | | | | | 0.02 | | | | | | 0.70 | | | | | | 0.72 | | | | | | (0.02) | | | | | | — | | | | | | — | | | | | | (0.02) | | | | | $ | 11.39 | | |
Year Ended June 30, 2019 | | | | $ | 9.98 | | | | | | 0.05 | | | | | | 0.71 | | | | | | 0.76 | | | | | | (0.05) | | | | | | — | | | | | | — | | | | | | (0.05) | | | | | $ | 10.69 | | |
For the period 11/03/17* – 6/30/2018 | | | | $ | 10.00 | | | | | | 0.05 | | | | | | (0.07) | | | | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 9.98 | | |
AGF Global Sustainable Growth Equity Fund – Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Six Months Ended December 31, 2019 (Unaudited) | | | | $ | 10.69 | | | | | | 0.02 | | | | | | 0.70 | | | | | | 0.72 | | | | | | (0.02) | | | | | | — | | | | | | — | | | | | | (0.02) | | | | | $ | 11.39 | | |
Year Ended June 30, 2019 | | | | $ | 9.98 | | | | | | 0.05 | | | | | | 0.71 | | | | | | 0.76 | | | | | | (0.05) | | | | | | — | | | | | | — | | | | | | (0.05) | | | | | $ | 10.69 | | |
For the period 11/03/17* – 6/30/2018 | | | | $ | 10.00 | | | | | | 0.05 | | | | | | (0.07) | | | | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 9.98 | | |
| RATIOS/SUPPLEMENT DATA | | ||||||||||||||||||||||||||||||||||||
| Ratios to average net assets(c) | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| Expenses, before reimbursements and/or waivers | | | Expenses, net of reimbursements and/or waivers | | | Net investment income | | | Net investment loss, before reimbursements and/or waivers | | | Total Return(b) | | | Portfolio turnover rate(b) | | | Ending net assets (thousands) | | ||||||||||||||||||
| 45.19% | | | | | 0.80% | | | | | | 0.30% | | | | | | (44.09)% | | | | | | 6.71% | | | | | | 12% | | | | | $ | 829 | | |
| 49.81% | | | | | 0.80% | | | | | | 0.54% | | | | | | (48.47)% | | | | | | 7.73% | | | | | | 37% | | | | | $ | 609 | | |
| 28.87% | | | | | 0.80% | | | | | | 0.68% | | | | | | (27.40)% | | | | | | (0.20)% | | | | | | 12% | | | | | $ | 375 | | |
| 45.19% | | | | | 0.80% | | | | | | 0.30% | | | | | | (44.09)% | | | | | | 6.71% | | | | | | 12% | | | | | $ | 430 | | |
| 49.19% | | | | | 0.80% | | | | | | 0.53% | | | | | | (47.86)% | | | | | | 7.73% | | | | | | 37% | | | | | $ | 403 | | |
| 28.87% | | | | | 0.80% | | | | | | 0.68% | | | | | | (27.40)% | | | | | | (0.20)% | | | | | | 12% | | | | | $ | 374 | | |
Notes to Financial Statements
December 31, 2019 (Unaudited)
| | | Level 1 — Quoted Prices | | | Level 2 — Other Significant Observable Inputs | | | Level 3 — Significant Unobservable Inputs | | | Total | | ||||||||||||
AGF Global Sustainable Growth Equity Fund | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments | | | | | | | | | ��� | | | | | | | | | | | | | | | | |
Common Stocks* | | | | $ | 1,187,095 | | | | | $ | — | | | | | $ | — | | | | | $ | 1,187,095 | | |
Total Investments | | | | $ | 1,187,095 | | | | | $ | — | | | | | $ | — | | | | | $ | 1,187,095 | | |
Fund | | | Management Fees Waived | | | Expense Reimbursements | | ||||||
AGF Global Sustainable Growth Equity Fund | | | | $ | 3,616 | | | | | $ | 242,694 | | |
Fund | | | Expires June 30, 2021 | | | Expires June 30, 2022 | | | Expires June 30, 2023 | | | Total Eligible for Recoupment | | ||||||||||||
AGF Global Sustainable Growth Equity Fund | | | | $ | 141,262 | | | | | $ | 372,335 | | | | | $ | 246,310 | | | | | $ | 759,907 | | |
Fund | | | Purchases | | | Sales | | ||||||
AGF Global Sustainable Growth Equity Fund | | | | $ | 261,434 | | | | | $ | 130,677 | | |
December 31, 2019
December 31, 2019
| | | Beginning Account Value 07/01/19 | | | Ending Account Value 12/31/19 | | | Expenses Paid During the Period* | | | Annualized Expense Ratio During Period | | ||||||||||||
AGF Global Sustainable Growth Equity Fund | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I | | | | | | | | | | | | | | | | | | | | | | | | | |
Actual | | | | $ | 1,000.00 | | | | | $ | 1,067.10 | | | | | $ | 4.16 | | | | | | 0.80% | | |
Hypothetical | | | | $ | 1,000.00 | | | | | $ | 1,021.11 | | | | | $ | 4.06 | | | | | | 0.80% | | |
Class R6 | | | | | | | | | | | | | | | | | | | | | | | | | |
Actual | | | | $ | 1,000.00 | | | | | $ | 1,067.10 | | | | | $ | 4.16 | | | | | | 0.80% | | |
Hypothetical | | | | $ | 1,000.00 | | | | | $ | 1,021.11 | | | | | $ | 4.06 | | | | | | 0.80% | | |
Boston, MA 02109
www.AGF.com
Foreside Fund Services, LLC
3 Canal Plaza, Suite 100
Item 2. Code of Ethics.
Disclosure required in Registrant’s annual Form N-CSR filing.
Item 3. Audit Committee Financial Expert.
Disclosure required in Registrant’s annual Form N-CSR filing.
Item 4. Principal Accountant Fees and Services.
Disclosure required in Registrant’s annual Form N-CSR filing.
Item 5. Audit Committee of Listed Registrants.
Not applicable to the Registrant.
Item 6. Investments
(a) | Schedule I – Investments in Securities of Unaffiliated Issuers |
Not applicable. The complete schedule of investments is included in Item 1 of this Form N-CSR.
(b) | Securities Divested of in accordance with Section 13(c) of the Investment Company Act of 1940. |
The Registrant made no divestments of securities in accordance with Section 13(c) of the Investment Company Act of 1940.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to the Registrant.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to the Registrant.
Item 9. Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to the Registrant.
Item 10. Submission of Matters to a Vote of Security Holders.
The Registrant did not have in place procedures by which shareholders may recommend nominees to the Registrant’s board of trustees.
Item 11. Controls and Procedures.
(a) | The Registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the registrant’s disclosure controls and procedures as conducted within 90 days of the filing date of this report, that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the Registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms. |
(b) | There were no changes in the Registrant’s internal control over financial reporting that occurred during the period covered by this report that have materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable to the Registrant.
Item 13. Exhibits.
(a) | File the exhibits listed below as part of this Form. Letter or number the exhibits in the sequence indicated. |
(a)(1) | Not required for this filing. |
(a)(2) | Certifications pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto. |
(a)(3) | Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act – Not applicable. |
(a)(4) | A change in the registrant’s independent public accountant – Not applicable |
(b) | Certification required by Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AGF Investments Trust
By:/s/William H. DeRoche
William H. DeRoche
President
March 9, 2020
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By:/s/William H. DeRoche
William H. DeRoche
President
March 9, 2020
By:/s/Joshua Hunter
Joshua Hunter
Principal Financial Officer and Treasurer
March 9, 2020