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Analysis: AGF announced in June that Marc-André Robitaille has returned as manager of this fund after a six-month hiatus during which Martin Hubbes filled in. Robitaille had run the fund since its launch in April 2003. It’s not clear why he parted company with AGF at the start of 2007 but the press release announcing his return described it as a “long-term exclusive arrangement” so we have to assume he’ll be in the job for the foreseeable future. The fund itself is fairly typical of modern dividend funds, focusing on blue-chip Canadian stocks, with financial services companies dominating the portfolio. Returns have generally been above average for the category, with a three-year average annual gain of 19.7% to June 30/07. The fund pays monthly distributions which can fluctuate significantly, so be aware of that if you are looking for steady cash flow. All-in-all, a decent choice.