REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of AGF U.S. Market Neutral Anti-Beta Fund and Board of
Trustees of AGF Investments Trust


Opinion on the Financial Statements

We have audited the accompanying statement of assets and liabilities, 
including the schedule of investments, of AGF U.S. Market Neutral 
Anti-Beta Fund (the "Fund"), a series of AGF Investments Trust, as 
of June 30, 2026, the related statement of operations for the year 
then ended, the statements of changes in net assets for each of the 
two years in the period then ended, the financial highlights for each 
of the four years in the period then ended, and the related notes 
(collectively referred to as the "financial statements"). In our opinion,
the financial statements present fairly, in all material respects, the 
financial position of the Fund as of June 30, 2026, the results of its 
operations, the changes in net assets, and the financial highlights for 
each of the periods indicated above, in conformity with accounting principles
generally accepted in the United States of America.


The Fund's financial highlights for the year ended June 30, 2022, were audited
by other auditors whose report dated August 26, 2022, expressed an unqualified
opinion on those financial highlights.

Basis for Opinion


These financial statements are the responsibility of the Fund's management. 
Our responsibility is to express an opinion on the Fund's financial 
statements based on our audits. We are a public accounting firm registered 
with the Public Company Accounting Oversight Board (United States) ("PCAOB") 
and are required to be independent with respect to the Fund in accordance 
with the U.S. federal securities laws and the applicable rules and 
regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those
standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material
misstatement whether due to error or fraud.


Our audits included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and
performing procedures that respond to those risks. Such procedures included
examining, on a test basis, evidence regarding the amounts and disclosures in
the financial statements. Our procedures included confirmation of securities
owned as of June 30, 2026, by correspondence with the custodian and brokers;
when replies were not received from brokers, we performed other auditing
procedures. Our audits also included evaluating the accounting principles used
and significant estimates made by management, as well as evaluating the
overall presentation of the financial statements. We believe that our audits 
provide a reasonable basis for our opinion.


We have served as the Fund's auditor since 2023.


/s/ COHEN & COMPANY, LTD.

Milwaukee, Wisconsin

August 24, 2026