AGF Reports Total Assets Under Management and Commissionable Assets for May 2022
June 6, 2022 • Monthly sales
AGF Management Limited reported overall assets under management, as well as fee-eligible assets1totaling 40.3billiondollars as of May 31, 2022.
Assets under management |
May 31st 2022 |
April 30 2022 | % change month over month |
May 31st 2021 | % change year over year |
Total mutual funds (including retail pooled funds) | $22.8 | 22.8$ | $22.3 | ||
Institutional, sub-advisor, high net worth individual and exchange traded fund accounts | $15.4 | 15.4$ | $16.4 | ||
| Subtotal (Before Private Alternatives Platform AUM and Fee-Eligible Assets)1) | $38.2 | $38.2 | 38.7$ | ||
Assets under management of the private alternatives platform | $0.1 | $0.1 | $0.1 | ||
| Total assets under management | $38.3 | $38.3 | 0.0% | $38.8 | (1.3%) |
Commissionable assets from private alternatives1 | $2.0 | $2.0 | $2.0 | ||
| Total Assets Under Management and Fee-Eligible Assets1 | $40.3 | 40.3$ | 0.0% | $40.8 | (1.2%) |
| Average daily assets under management of mutual funds | $22.6 | $23.4 | $22.1 |
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.
Mutual fund assets under management by category (including retail pooled funds) |
May 31st 2022 |
April 30 2022 |
May 31st 2021 |
Canadian equity funds | $4.1 | $4.1 | $4.0 |
US Equity and International Equity Funds | 11.7 | 11.7 | 11.2 |
Canadian Balanced Funds | 0.4 | 0.4 | 0.4 |
US and International Balanced Funds | 1.7 | 1.7 | 1.5 |
Canadian Fixed Income Funds | 1.4 | 1.4 | 1.6 |
U.S. and International Fixed Income Funds | 3.4 | 3.4 | 3.5 |
Canadian money market funds | 0.1 | 0.1 | 0.1 |
| Total mutual fund assets under management | $22.8 | $22.8 | $22.3 |
Private Alternatives Platform Assets Under Management and Fee-Eligible Assets |
May 31st 2022 |
April 30 2022 |
May 31st 2021 |
Assets under management of the private alternatives platform | $0.1 | $0.1 | $0.1 |
Commissionable assets from private alternatives | 2.0 | 2.0 | 2.0 |
| Total Private Alternatives Platform AUM and Fee-Eligible Assets | $2.1 | 2.1$ | $2.1 |
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 40 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 June 06, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on Jun 06, 2022 21:21:04 UTC.
Publicnow 2022
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Trends technical analysis AGF MANAGEMENT LIMITED
| Short term | Middle term | Long term | |
| Trends | Neutral | Bearish | Bearish |
Evolution of the Income Statement
Sale  Purchase | |
| Average recommendation | SAVE |
| Number of Analysts | 8 |
| Last Closing Price | $6.80 |
| Average price target | $8.59 |
| Deviation / Average Target | 26.4% |
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