AGF Reports September 2015 Assets Under Management

TORONTO, Oct. 5, 2015 /CNW/ - AGF Management Limited reported total fee-earning assets under management (AUM) of $32.4 billion as at September 30, 2015.  This represents a 2.7% decrease from August 31, 2015.

AUM

($ billions)
September 30,
2015
August 31,
2015
% Change
Month-Over-
Month
September 30,
2014
% Change
Year-Over-
Year
Total Retail Fund (including retail pooled funds) $17.6 $18.2 (3.3)% $19.3 (8.8)%
Institutional and Sub-advisory  +
High-net-worth
$14.6 $14.9 (2.0)% $16.4 (11.0)%
Total AUM $32.2 $33.1 (2.7)% $35.7 (9.8)%
Alternative asset management platform AUM $0.2 $0.2 - $0.2 -
Total AUM (including alternative asset
management platform AUM)
$32.4 $33.3 (2.7)% $35.9 (9.7)%
           
Average Daily Retail Fund AUM $17.9 $18.6 (3.8)% $19.6 (8.7)%

Retail Fund AUM by Category (including
retail pooled funds)


($ billions)
September 30,
2015
August 31,
2015
% Change
Month-Over-
Month
September 30,
2014
% Change
Year-Over-
Year
Domestic Equity Funds $2.5 $2.7 (7.4)% $3.2 (21.9)%
U.S. and International Equity Funds 8.7 8.9 (2.2)% 8.7 -
Domestic Balanced Funds 2.0 2.2 (9.1)% 3.0 (33.3)%
U.S. and International Balanced Funds 0.7 0.7 - 0.5 40.0%
Domestic Fixed Income Funds 2.0 2.0 - 2.3 (13.0)%
U.S. and International Fixed Income Funds 1.5 1.5 - 1.4 7.1%
Domestic Money Market 0.2 0.2 - 0.2 -
Total Retail Fund AUM $17.6 $18.2 (3.3)% $19.3 (8.8)%

ABOUT AGF MANAGEMENT LIMITED

AGF Management Limited is one of Canada's premier independent investment management firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of 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. With over $32 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
Executive Vice-President and Chief Financial Officer
416-865-4264, bob.bogart@agf.com

Adrian Basaraba
Senior Vice-President, Finance
416-865-4203, adrian.basaraba@agf.com


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