AGF Reports October 2014 Assets Under Management

TORONTO, Nov. 5, 2014 /CNW/ - AGF Management Limited reported total fee-earning assets under management (AUM) of $35.5 billion as at October 31, 2014.  This represents a 1.1% decrease from September 30, 2014.

AUM ($ billions)	October 31, 2014	September 30,  2014	% Change Month-Over-Month	October 31, 2013	% Change Year-Over-Year
Total Retail Fund (including retail pooled funds)	$19.1	$19.3	(1.0)%	$19.6	(2.6)%
Institutional and Sub-advisory  + High-net-worth	$16.2	$16.4	(1.2)%	$17.3	(6.4)%
Total AUM	$35.3	$35.7	(1.1)%	$36.9	(4.3)%
Alternative asset management platform AUM	$0.2	$0.2	-	-	n/m
Total AUM (including  alternative asset management platform AUM)	$35.5	$35.9	(1.1)%	$36.9	(3.8)%
Average Daily Retail Fund AUM	$18.8	$19.6	(4.1)%	$19.4	(3.1)%

                                                                   

Retail Fund AUM by Category (including retail pooled funds)   ($ billions)	October 31, 2014	September 30, 2014	% Change Month-Over-Month	October 31, 2013	% Change Year-Over-Year
Domestic Equity Funds	$3.1	$3.2	(3.1)%	$3.5	(11.4)%
U.S. and International Equity Funds	8.7	8.7	-	8.2	6.1 %
Domestic Balanced Funds	2.9	3.0	(3.3)%	3.1	(6.5)%
U.S. and International Balanced Funds	0.5	0.5	-	0.5	-
Domestic Fixed Income Funds	2.3	2.3	-	2.6	(11.5)%
U.S. and International Fixed Income Funds	1.4	1.4	-	1.4	-
Domestic Money Market	0.2	0.2	-	0.3	(33.3)%
Total Retail Fund AUM	$19.1	$19.3	(1.0)%	$19.6	(2.6)%

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. With approximately $36 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, [email protected]; Adrian Basaraba, Senior Vice-President, Finance, 416-865-4203, [email protected]