Business
AGF reports May 2013 assets under management
TORONTO , June 4, 2013 /CNW/ - AGF Management Limited reported total fee-earning assets ...
About this update from Agf Management Limited Class B
[{"type":"text","content":"\n\n\nTORONTO, June 4, 2013 /CNW/ - AGF Management Limited reported total\n fee-earning assets under management (AUM) of $37.6 billion as at May\n 31, 2013. AUM has remained flat in comparison to April 30, 2013.\n\n\nAUM\n($ billions)\n\n\nMay 31, 2013\n\n\nMay 31, 2012\n\n\n% ChangeYear-Over-Year\n\n\nMutual Fund\n\n\n$19.1\n\n\n$20.3\n\n\n(5.9)%\n\n\nRetail Pooled Fund\n\n\n0.4\n\n\n0.6\n\n\n(33.3)%\n\n\nTotal Retail Fund (including retail pooled funds)\n\n\n$19.5\n\n\n$20.9\n\n\n(6.7)%\n\n\nInstitutional and\nSub-advisory  +\nHigh-net-worth\n\n\n$18.1\n\n\n$22.3\n\n\n(18.8)%\n\n\nTotal AUM \n\n\n$37.6\n\n\n$43.2\n\n\n(13.0)%\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nAverage Daily Retail Fund AUM\n\n\n$19.6\n\n\n$21.1\n\n\n(7.1)%\n\n\n\n\n\nRetail Fund AUM by Category (including retail pooled funds)\n($ billions)\n\n\nMay 31, 2013\n\n\nMay 31, 2012\n\n\n% ChangeYear-Over-Year\n\n\nDomestic Equity Funds\n\n\n$5.9\n\n\n$7.7\n\n\n(23.4)%\n\n\nU.S. and International Equity Funds\n\n\n5.4\n\n\n5.4\n\n\n-\n\n\nDomestic Balanced Funds\n\n\n3.2\n\n\n2.8\n\n\n14.3%\n\n\nU.S. and International Balanced Funds\n\n\n0.6\n\n\n0.6\n\n\n-\n\n\nDomestic Fixed Income Funds\n\n\n2.9\n\n\n3.0\n\n\n(3)%\n\n\nU.S. and International Fixed Income Funds\n\n\n1.3\n\n\n1.0\n\n\n30.0%\n\n\nDomestic Money Market\n\n\n0.2\n\n\n0.4\n\n\n(50.0)%\n\n\nTotal Retail Fund AUM\n\n\n$19.5\n\n\n$20.9\n\n\n \n\n\nABOUT AGF MANAGEMENT LIMITED\n\n\nAGF Management Limited is one of Canada's premier independent investment\n management firms with offices across Canada and subsidiaries around the\n world. AGF's products include a diversified family of award-winning\n mutual funds, mutual fund wrap programs and pooled funds. AGF also\n manages assets on behalf of institutional investors including pension\n plans, foundations and endowments as well as for private clients. With\n over $37 billion in total assets under management, AGF serves more than\n one million investors. AGF trades on the Toronto Stock Exchange under\n the symbol AGF.B.\n\n\nCaution Regarding Forward-Looking Statements\n\n\nThis release includes forward-looking statements. Forward-looking\n statements include statements that are predictive in nature, depend\n upon or refer to future events or conditions, or include words such as\n 'expects,' 'anticipates,' 'intends,' 'plans,' 'believ...