TORONTO, April 3, 2012 /CNW/ - AGF Management Limited reported total fee-earning assets under management (AUM) of $47 billion as at March 31, 2012. This represents a month-over-month decrease of 1.7% and a 10% decrease versus March 2011.
| AUM ($ billions) |
March 31, 2012 |
March 31, 2011 |
% Change Year-Over-Year |
| Mutual Fund | $21.9 | $25.8 | (15.1)% |
| Retail Pooled Fund | 0.6 | 0.9 | (33.3)% |
| Total Retail Fund (including retail pooled funds) | $22.5 | $26.7 | (15.7)% |
| Institutional and Sub-advisory + High-net-worth | 24.5 | 25.5 | (3.9)% |
| Total AUM | $47.0 | $52.2 | (10.0)% |
| Average Daily Retail Fund AUM | $22.7 | $26.5 | (14.3)% |
| Retail Fund AUM by Category (including retail pooled funds) ($ billions) |
March 31, 2012 |
March 31, 2011 |
% Change Year-Over- Year |
| Domestic Equity Funds | $8.4 | $9.7 | (13.4)% |
| U.S. and International Equity Funds | 6.2 | 7.2 | (13.9)% |
| Domestic Balanced Funds | 3.0 | 2.0 | 50.0% |
| U.S. and International Balanced Funds | 0.6 | 0.2 | 200.0% |
| Domestic Fixed Income Funds | 3.0 | 2.8 | 7.1% |
| U.S. and International Fixed Income Funds | 1.0 | 0.8 | 25.0% |
| Domestic Money Market | 0.3 | 0.3 | n/m |
| Acuity Retail Funds (including retail pooled funds)1 | - | 3.7 | n/m |
| Total Retail Fund AUM | $22.5 | $26.7 |
(1) Reporting for Acuity Retail Fund AUM was integrated in May 2011.
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 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 $47 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.
AGF Management Limited shareholders and analysts, please contact:
Robert J. Bogart, CPA
Executive Vice-President and Chief Financial Officer
416-865-4264, [email protected]
Michael Clabby
Vice-President, Investor Relations and Corporate Development
416-815-6275, [email protected]
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