AGF Investments Inc. and AGF Credit Opportunities Fund

Approval

Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Exemption from subsection 2.1(2) of NI 81-101 to file a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

Applicable Legislative Provisions

National Instrument 81-101 Mutual Fund Prospectus Disclosure, ss. 2.1(2), 6.1.

VIA SEDAR

September 19, 2024

Blake, Cassels & Graydon LLP

Attention: Emilie Andrews

Re:

AGF Investments Inc. (the Filer)

AGF Credit Opportunities Fund (the Fund)

Preliminary Simplified Prospectus dated June 6, 2024

Exemptive Relief Application pursuant to Section 6.1 of National Instrument 81-101 General Prospectus Requirements (NI 81-101)

Application No. 2024/0544; SEDAR Plus Project No. 6184264

By letter dated September 16, 2024 (the Application), the Filer, the manager of the Fund, applied to the Director of the Ontario Securities Commission (the Director) under section 6.1 of NI 81-101 for relief from the operation of subsection 2.1(2) of NI 81-101, which prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

This letter confirms that, based on the information and representations made in the Application, and for the purposes described in the Application, the Director intends to grant the requested exemption to be evidenced by the issuance of a receipt for the Fund’s prospectus, subject to the condition that the prospectus be filed no later than October 15, 2024.

Yours very truly,

“Darren McKall”
Manager, Investment Management Division
Ontario Securities Commission

Application File #: 2024/0544
SEDAR+ File #: 6184264