Canada NewsWire
TORONTO, June 3, 2016
TORONTO, June 3, 2016 /CNW/ - AGF Management Limited reported total fee-earning assets under management (AUM) of $33.7 billion as at May 31, 2016.
|
AUM ($ billions) |
May 31, 2016 |
April 30, 2016 |
% Change |
May 31, 2015 |
% Change |
|
Total Retail Fund |
$17.6 |
$17.2 |
$19.4 |
||
|
Institutional and Sub- High-net-worth |
$15.6 |
$15.1 |
$16.3 |
||
|
Total AUM |
$33.2 |
$32.3 |
$35.7 |
||
|
Alternative asset |
$0.5 |
$0.5 |
$0.3 |
||
|
Total AUM |
$33.7 |
$32.8 |
2.7% |
$36.0 |
(6.4)% |
|
Average Daily Retail |
$17.6 |
$17.3 |
$19.3 |
|
Retail Fund AUM by Category ($ billions) |
May 31, 2016 |
April 30, 2016 |
May 31, 2015 |
|
Domestic Equity Funds |
$2.5 |
$2.5 |
$3.0 |
|
U.S. and International Equity Funds |
8.8 |
8.5 |
9.4 |
|
Domestic Balanced Funds |
1.8 |
1.8 |
2.5 |
|
U.S. and International Balanced Funds |
0.7 |
0.7 |
0.6 |
|
Domestic Fixed Income Funds |
2.0 |
2.0 |
2.2 |
|
U.S. and International Fixed Income Funds |
1.6 |
1.5 |
1.5 |
|
Domestic Money Market |
0.2 |
0.2 |
0.2 |
|
Total Retail Fund AUM |
$17.6 |
$17.2 |
$19.4 |
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 $33 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
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.comCopyright CNW Group 2016