AGF Reports Total Assets Under Management and Commissionable Assets for March 2022
April 5, 2022 • Monthly sales
AGF Management Limited reported overall assets under management, as well as fee-eligible assets1totaling 42.2 billiondollars to March, 31st2022.
Assets under management |
March, 31st 2022 |
February 28 2022 | % change month over month |
March, 31st 2021 | % change year over year |
Total mutual funds (including retail pooled funds) | $23.8 | 23.6$ | $21.8 | ||
Institutional, sub-advisor, high net worth individual and exchange traded fund accounts | $16.3 | 16.2$ | $16.0 | ||
| Subtotal (Before Private Alternatives Platform AUM and Fee-Eligible Assets)1) | $40.1 | $39.8 | 37.8$ | ||
Assets under management of the private alternatives platform2 | $0.1 | $0.1 | $0.1 | ||
| Total assets under management2 | $40.2 | $39.9 | 0.8% | $37.9 | 6.1% |
Commissionable assets from private alternatives1, 2 | $2.0 | $2.1 | $2.0 | ||
| Total Assets Under Management and Fee-Eligible Assets1 | $42.2 | 42.0$ | 0.5% | $39.9 | 5.8% |
| Average daily assets under management of mutual funds | $23.5 | $23.9 | $21.6 |
1 Assets giving rise to commissions represent the assets in which AGF holds interests and receives recurring commissions, without however holding an interest in the companies assuming the management of such assets.
2 The overall assets under management and the assets under management of the private alternatives platform at March, 31st2021 have been reclassified and restated to exclude assets under management from co-investments for comparative purposes.
Mutual fund assets under management by category (including retail pooled funds) |
March, 31st 2022 |
February 28 2022 |
March, 31st 2021 |
Canadian equity funds | $4.3 | $4.2 | $3.9 |
US Equity and International Equity Funds | 12.2 | 12.1 | 10.9 |
Canadian Balanced Funds | 0.4 | 0.4 | 0.4 |
US and International Balanced Funds | 1.7 | 1.7 | 1.5 |
Canadian Fixed Income Funds | 1.5 | 1.5 | 1.5 |
U.S. and International Fixed Income Funds | 3.5 | 3.6 | 3.5 |
Canadian money market funds | 0.2 | 0.1 | 0.1 |
| Total mutual fund assets under management | $23.8 | $23.6 | $21.8 |
Private Alternatives Platform Assets Under Management and Fee-Eligible Assets |
March, 31st 2022 |
February 28 2022 |
March, 31st 2021 |
Assets under management of the private alternatives platform1 | $0.1 | $0.1 | $0.1 |
Commissionable assets from private alternatives | 2.0 | 2.1 | 2.0 |
| Private alternatives platform total assets under management1 and commissionable assets | $2.1 | 2.2$ | $2.1 |
1 The assets under management of the private alternatives platform at March, 31st2021 has been restated to exclude assets under management from co-investments for comparison purposes.
About AGF Management Limited
Founded in 1957, AGF Management Limited (“AGF”) is an independent, globally diversified investment management company. AGF brings discipline by delivering excellence in investment management through its fundamental and quantitative business segments as well as non-traditional and high-net-worth retail holdings to provide exceptional customer experience. AGF’s portfolio of investment solutions spans a broad customer base globally, from financial advisors to retail and institutional investors including pension funds, corporate programs, sovereigns, endowments and foundations.
AGF has offices and operational and customer service teams on site in North America, Europe and Asia. With assets under management, as well as fee-earning assets, totaling more than 42 billiondollars, AGF offers its products and services to more than 800 000investors. AGF is listed on the Toronto Stock Exchange under the symbol “AGF.B”.
AGF Management Limited shareholders, analysts and media representatives may contact:
Adrian Basaraba
Senior Vice President and Chief Financial Officer
416-865-4203, [email protected]
Courtney Learmont
Vice President, Finance
647-253-6804, [email protected]
Disclaimer
AGF Management Limited published this content on April 05, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on Apr 05, 2022 21:18:31 UTC.
Publicnow 2022
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Trends technical analysis AGF MANAGEMENT LIMITED
| Short term | Middle term | Long term | |
| Trends | bullish | Neutral | Neutral |
Evolution of the Income Statement
Sale  Purchase | |
| Average recommendation | KEEP |
| Number of Analysts | 8 |
| Last Closing Price | $7.86 |
| Average price target | $8.97 |
| Deviation / Average Target | 14.1% |
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