AGF REPORTS MAY 2011 ASSETS UNDER MANAGEMENT

TORONTO, June 2 /CNW/ - AGF Management Limited reported total fee-earning assets under management (AUM) of $51.8 billion as at May 31, 2011. This represents an increase of 20.7% from May 31, 2010.

    <<
    -------------------------------------------------------------------------
                                                                    % Change
    AUM                                     May 31,      May 31,   Year-Over-
    ($ billions)                            2011(1)        2010         Year
    -------------------------------------------------------------------------
    Mutual Fund                              $25.3        $21.4        18.2%
    -------------------------------------------------------------------------
    Retail Pooled Fund                         0.9            -          n/m
    -------------------------------------------------------------------------
    Total Retail Fund (including
     retail pooled funds)                    $26.2        $21.4        22.4%
    -------------------------------------------------------------------------
    Institutional and Sub-advisory
     + High-net-worth                         25.6         21.5        19.1%
    -------------------------------------------------------------------------
    Total AUM                                $51.8        $42.9        20.7%
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Average Daily Retail Fund AUM            $26.1        $21.6        20.8%
    -------------------------------------------------------------------------
    (1) Includes AUM results of Acuity, which was acquired on February 1,
        2011


    -------------------------------------------------------------------------
    Retail Fund AUM by                                              % Change
     Category (including                    May 31,      May 31,   Year-Over-
     retail pooled funds)                     2011         2010         Year

    ($ billions)
    -------------------------------------------------------------------------
    Domestic Equity Funds                    $10.1         $8.6        17.4%
    -------------------------------------------------------------------------
    U.S. and International Equity Funds        7.3          6.6        10.6%
    -------------------------------------------------------------------------
    Domestic Balanced Funds                    3.7          2.1        76.2%
    -------------------------------------------------------------------------
    U.S. and International Balanced
     Funds                                     0.8          0.3       166.7%
    -------------------------------------------------------------------------
    Domestic Fixed Income Funds                3.1          2.7        14.8%
    -------------------------------------------------------------------------
    U.S. and International Fixed Income
     Funds                                     0.8          0.7        14.3%
    -------------------------------------------------------------------------
    Domestic Money Market                      0.4          0.4            -
    -------------------------------------------------------------------------
    Total Retail Fund AUM                    $26.2        $21.4
    ------------------------------------------------------------
    >>

About AGF Management Limited

AGF Management Limited is one of Canada's premier independent investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of award-winning mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With approximately $52 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

SOURCE AGF

For further information: AGF Management Limited shareholders and analysts, please contact: Robert J. Bogart, CPA, Executive Vice-President and Chief Financial Officer, 416-865-4264, bob.bogart@agf.com; Michael Clabby, Vice-President, Investor Relations and Corporate Development, 416-815-6275, michael.clabby@agf.com; Media, please contact: Lucy Becker, Vice-President, Public Relations and Public Affairs, 416-865-4284, lucy.becker@agf.com

Profil de l'entreprise

AGF

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.