AGF declares the total of its managed assets and its commission-eligible assets for December2021


TORONTO, Jan. 06, 2022 (GLOBE NEWSWIRE) – AGF Management Limited has declared a global asset under management, as well as assets eligible for commissions1, totaling $ 43.4 billion as of December 31, 2021.

Assets under management

(in billions of dollars)

December 31st
2021
November 30
2021
% of
change
a month
on the other
December 31st
2020
% of
change
of a year
on the other
Total FCP
(including retail pooled funds)
$ 24.6$ 24.0 $ 20.8
Institutional, sub-advisor, high net worth and exchange traded fund accounts$ 16.6$ 16.4$ 15.9
Subtotal (before the managed assets of the private alternatives platform and the assets giving entitlement to commissions1)41.2 $40.4 $ 36.7 $
Managed assets of the private alternatives platform2$ 0.1$ 0.1$ 0.2
Total assets under management2 41.3 $40.5 $2.0 %36.9 $11.9 %
Assets giving right to commissions and coming from private alternatives1, 2 $ 2.1$ 2.1$ 2.2
Total assets under management and assets giving entitlement to commissions143.4 $42.6 $1.9 %39.1 $11.0 %
Average daily assets under management of mutual funds 24.4 $24.4 $ 20.6 $
1Assets giving entitlement to commissions represent assets in which AGF holds interest and receives recurring commissions, without however holding an interest in the companies responsible for the management of such assets.
2The overall assets under management and the assets under management of the private alternatives platform as at December 31, 2020 have been reclassified and restated to exclude the assets under management from co-investments, for the purposes of comparison.

Fund assets under management by category (including retail pooled funds)

(in billions of dollars)

December 31st
2021
November 30
2021
December 31st
2020
Canadian Equity Fund$ 4.3$ 4.2$ 3.7
U.S. Equity and International Equity Fund12.712.410.0
Canadian balanced funds0.40.40.4
American and international balanced funds1.81.71.5
Canadian Fixed Income Funds1.61.61.6
U.S. and International Fixed Income Funds3.73.63.4
Canadian money market funds0.10.10.2
Total FCP assets under management24.6 $24.0 $20.8 $
Managed assets of the private alternatives platform and assets giving right to commissions

(in billions of dollars)

December 31st
2021
November 30
2021
December 31st
2020
Managed assets of the private alternatives platform1 $ 0.1$ 0.1$ 0.2
Assets giving right to commissions and coming from private alternatives2.12.12.2
Total assets under management of the private alternatives platform1 and assets giving right to commissions2.2 $2.2 $2.4 $
1The assets under management of the private alternatives platform as at December 31, 2020 have been restated to exclude the assets under management from co-investments for the purposes of comparison.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent, globally diversified investment management company. AGF brings discipline to it by delivering excellence in investment management through its core and quantitative business streams as well as non-traditional assets and high net worth individuals to provide exceptional customer experience. AGF’s portfolio of investment solutions extends globally to a broad client base, from financial advisers to retail and institutional investors including pension funds, corporate programs, funds sovereigns, endowments and foundations.

AGF has on-site operations and customer service offices and teams in North America, Europe and Asia. With assets under management, as well as commission-eligible assets, totaling more than $ 43 billion, AGF provides its products and services to more than 700,000 investors. AGF is listed on the Toronto Stock Exchange under the symbol “AGF.B”.

AGF Management Limited shareholders, analysts and media representatives may contact the following persons:

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

Courtney learmont
Vice President, Finances
647-253-6804, [email protected]

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