Interest fee

AGF Reports Assets Under Management and Fee-Generating Assets for April 2022

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $40.3 billion as of April 30, 2022.

AT M

($ billions)

April 30,
2022

March, 31st,
2022

% Switch
More than a month-
Month

April 30,
2021

% Switch
year after-
Year

Total mutual funds (including retail mutual funds) $ 22.8 $ 23.8 $ 22.1
Institutional and sub-advisory +
High Net Worth Funds + Exchange Traded Funds
$ 15.4 $ 16.3 $ 16.2
Total
(before Private Alternative AUM and earning assets1)
$ 38.2 $ 40.1 $ 38.3
Alternative private AUM2 $ 0.1 $ 0.1 $ 0.1
Total assets under management2 $ 38.3 $ 40.2 (4.7%) $ 38.4 (0.3%)
Interest-bearing alternative private assets1.2 $ 2.0 $ 2.0 $ 2.0
Total AUM and commission-generating assets1 $ 40.3 $ 42.2 (4.5%) $ 40.4 (0.2%)
Mutual Fund Average Daily AUM $ 23.4 $ 23.5 $ 22.3

1 Fee-bearing assets represent assets in which AGF has an equity interest and receives recurring fees, but does not have an equity interest in managers.

2 Total assets under management and under private alternative management as of April 30, 2021 have been reclassified and restated to exclude under management under co-investment management for comparison purposes.

Mutual fund ASG by category (including retail mutual funds)

($ billions)

April 30,
2022

March, 31st,
2022

April 30,
2021

National Equity Funds $ 4.1 $ 4.3 $ 3.9
US and International Equity Funds 11.7 12.2 11.1
National Balanced Funds 0.4 0.4 0.4
US and International Balanced Funds 1.7 1.7 1.5
National Fixed Income Funds 1.4 1.5 1.6
US and International Fixed Income Funds 3.4 3.5 3.5
Domestic money market 0.1 0.2 0.1
Mutual Fund Total ASG $ 22.8 $ 23.8 $ 22.1

Private Alternative AUM and earning assets

($ billions)

April 30,
2022

March, 31st,
2022

April 30,
2021

Alternative private AUM1 $ 0.1 $ 0.1 $ 0.1
Interest-bearing alternative private assets 2.0 2.0 2.0
Total private alternative assets under management1 and remunerated assets $ 2.1 $ 2.1 $ 2.1

1 Assets under private alternative management as of April 30, 2021 are restated to exclude co-investment assets under management for comparison purposes.

ABOUT AGF MANAGEMENT LIMITED

Founded in 1957, AGF Management Limited (AGF) is an independent, globally diversified asset management company. AGF takes a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and wealth businesses focused on delivering an exceptional client experience. AGF’s portfolio of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors, including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

AGF has investment operations and customer service teams on the ground in North America, Europe and Asia. With over $40 billion in assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF is listed on the Toronto Stock Exchange under the symbol AGF.B.

AGF Management Limited shareholders, analysts and media, please contact:

Adrian Basaraba
Senior Vice President and Chief Financial Officer
416-865-4203, [email protected]

Courtney Lemont
Vice President, Finance
647-253-6804, [email protected]