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

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TORONTO, July 07 2022 (GLOBE NEWSWIRE) — AGF Management Limited (TSX:AGF.B) released total assets under management (AUM) and fee-earning assets1 of $37.9 billion as of June 30, 2022.

AT M

(billion $)

June 30th,
2022
May 31st,
2022
% To change
Month after month
June 30th,
2021
% To change
Year after year
Total mutual fund (including retail mutual funds) $21.4 $22.8 $22.9
Institutional and sub-avocado +
Norter + exchange funds
$14.4 $15.4 $16.7
Total
(Before Private Alternative AUM and Compensation Assets1)
$35.8 $38.2 $39.6
Private alternative alum $0.1 $0.1 $0.1
Total management assets $35.9 $38.3 (6.3%) $39.7 (9.6%)
Private alternative compensation assets1 $2.0 $2.0 $2.0
Total alms and remuneration assets1 $37.9 $40.3 (6.0%) $41.7 (9.1%)
Mutual Fund Average Daily AUM $22.0 $22.6 $22.6

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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.

Mutual fund ASG by category (including retail mutual funds)

(billion $)

June 30th,
2022
May 31st,
2022
June 30th,
2021
National action fund $3.8 $4.1 $4.0
US and International Equity Funds 10.9 11.7 11.6
National balanced funds 0.4 0.4 0.4
US and International Balanced Funds 1.6 1.7 1.6
National fixed income funds 1.4 1.4 1.6
US and International Fixed Income Funds 3.2 3.4 3.6
National Monetary Market 0.1 0.1 0.1
Total ASG of the common investment fund $21.4 $22.8 $22.9
Private Alternative AUM and earning assets

(billion $)

June 30th,
2022
May 31st,
2022
June 30th,
2021
Alternative private alms $0.1 $0.1 $0.1
Remunerated alternative private assets 2.0 2.0 2.0
Total Private Alternative AUM and Fee Generating Assets $2.1 $2.1 $2.1

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About limited AGF management

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 nearly $38 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:

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

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