AGF's Leadership Recognized At Canadian Investment Awards

    Blake C. Goldring Named Industry's 2007 Person of Influence

    Three AGF Funds Repeat Winners for Outstanding Performance

    TORONTO, Nov. 29 /CNW/ - AGF Management Limited was recognized for its
leadership position in the Canadian financial services industry at tonight's
annual Canadian Investment Awards, with AGF Chairman and Chief Executive
Officer Blake Goldring honored with the industry's coveted 2007 Person of
Influence and three AGF funds being repeat winners for outstanding
    "I'm very appreciative of this honor, which recognizes just how far we've
come in building AGF into a premier investment management firm that competes
with the best in the business while maintaining our proud independence," said
Blake. "I share this recognition with the phenomenal AGF team, which has
worked tirelessly to implement our vision and contributed enormously to the
success we have had this year."
    Over the past 12 months, AGF has experienced unprecedented growth in the
firm's 50 year history in providing clients with excellence in money
    "This success makes us work even harder to develop and deliver products
that our clients want and need, value-added services they expect and top notch
investment management expertise they deserve," said Blake.
    AGF was also a finalist in the Advisors' Choice Favourite Fund Company of
the Year, an award it won in 2006.
    The following AGF funds won recognition for outstanding performance in
their respective categories:

    -   AGF European Equity Class, currently advised by John Arnold and Rory
        Flynn, was recognized for the second consecutive year in the European
        Equity Fund Award category. It is now a five-time winner since 2001.
    -   AGF Precious Metals Fund, currently managed by Charles Oliver, Bob
        Farquharson and Jamie Horvat, was recognized for the second
        consecutive year in the Precious Metals Equity Fund Award category.
        It is now a three-time winner since 2001.
    -   AGF Emerging Markets Fund, currently managed by Patricia
        Perez-Coutts, was recognized for the third consecutive year in the
        Emerging Markets Equity Fund category.

    In addition, AGF Canadian Small Cap Fund, managed by Jamie Horvat and
Charles Oliver, was a finalist in the Canadian Small/Mid Cap Equity Fund
category. AGF International Stock Class, advised by John Arnold and Rory
Flynn, was a finalist in the International Equity Fund category.
    "These awards reflect the strength, depth and world-class talent within
our Investment Management Team," said AGF Funds Inc. President Randy Ambrosie.
"Our winning strategy is built upon a vision that combines a broad product
line-up, consistent long-term fund performance and strong partnerships with
AGF's clients - Canadian financial advisors."
    The Canadian Investment Awards recognize leading investment products and
firms illustrating an enduring commitment to excellence within the Canadian
financial services industry. The Person of Influence Award Winner is chosen
from any area of financial services in Canada including fund management,
banking, distribution, media, analysts and suppliers. This award is presented
to an individual who has proven superior performance and an outstanding
contribution to the financial community during the previous 12 months. Other
criteria for consideration includes community and corporate citizenship and
commitment to education, philanthropy, service (if applicable), and support of
industry and/or investor standards or principles of merit.
    In selecting Blake Goldring, the Canadian Investment Awards also noted
his long-term contributions to the broader community at large. Blake's
leadership in the community includes promoting a sustainable environment in
partnership with WWF-Canada and access to quality education through a number
of local and international initiatives, as well as support for the Canadian
Film Centre.
    More recently, he established Canada Company, an organization that serves
as a bridge between Canada's business community and the military, and is an
Honorary Colonel of The Royal Regiment of Canada. Blake is also actively
involved in the first Canadian International Council, a policy think tank
aimed at fostering public discussion about foreign policy issues from a
Canadian perspective.
    "As business leaders, we have a natural platform to share our skills, our
connections and our good fortune," added Blake. "My leadership and involvement
in initiatives to make our communities better places to live, work and invest,
are founded on this belief that we must give back and share our success with
others less fortunate."

    About AGF Management Limited

    AGF Management Limited is one of Canada's premier investment management
companies with offices across Canada and subsidiaries around the world. 2007
marks AGF's 50th anniversary of providing Canadians with innovative investment
solutions across the wealth continuum. AGF's products and services include a
diversified family of more than 50 mutual funds, the evolutionary AGF Elements
portfolios, the Harmony asset management program, AGF Institutional Account
Services, private client products, and AGF Trust GICs, loans and mortgages.
With approximately $55 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".

For further information:

For further information: biographies and backgrounders on AGF's products
and services, please contact AGF Corporate Communications: Lucy Becker,
Vice-President, (416) 865-4284,; Paul Howard, Director,
(416) 865-4345,; Karen Archer, Media Relations Specialist,
(416) 865-4295,

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