AGF Reports December 2024 Assets Under Management and Fee-Earning Assets

AUM and Fee-Earning Assets Overview - Total assets under management (AUM) and fee-earning assets reached $52.6 billion as of December 31, 2024 [1] - Total AUM decreased by 1.9% month-over-month to $50.5 billion in December 2024 compared to November 2024 [2] - Year-over-year, total AUM increased by 23.8% from $40.8 billion in December 2023 to $50.5 billion in December 2024 [2] - Total AUM and fee-earning assets decreased by 1.9% month-over-month but increased by 22.9% year-over-year [2] Mutual Fund AUM Breakdown - Total Mutual Fund AUM stood at $30.1 billion in December 2024, down from $30.7 billion in November 2024 but up from $24.8 billion in December 2023 [2] - Domestic Equity Funds AUM decreased to $4.4 billion in December 2024 from $4.6 billion in November 2024 [3] - U.S. and International Equity Funds AUM decreased to $18.6 billion in December 2024 from $19.0 billion in November 2024 [3] - Domestic Balanced Funds AUM remained stable at $0.1 billion [4] - U.S. and International Balanced Funds AUM remained stable at $1.6 billion [4] - Domestic Fixed Income Funds AUM remained stable at $1.8 billion [4] - U.S. and International Fixed Income Funds AUM remained stable at $3.3 billion [4] - Domestic Money Market AUM remained stable at $0.3 billion [4] Exchange Traded Funds and Separately Managed Accounts - Exchange traded funds and separately managed accounts AUM increased to $2.8 billion in December 2024 from $2.5 billion in November 2024 [2] - Year-over-year, this category saw significant growth from $1.5 billion in December 2023 to $2.8 billion in December 2024 [2] Segregated Accounts and Sub-Advisory - Segregated accounts and sub-advisory AUM decreased to $6.4 billion in December 2024 from $7.0 billion in November 2024 [2] - Year-over-year, this category saw a slight decrease from $6.8 billion in December 2023 to $6.4 billion in December 2024 [2] AGF Private Wealth - AGF Private Wealth AUM decreased slightly to $8.4 billion in December 2024 from $8.5 billion in November 2024 [2] - Year-over-year, this category increased from $7.6 billion in December 2023 to $8.4 billion in December 2024 [2] AGF Capital Partners - AGF Capital Partners AUM remained stable at $2.8 billion in December 2024 compared to November 2024 [2] - Year-over-year, AGF Capital Partners AUM increased significantly from $0.1 billion in December 2023 to $2.8 billion in December 2024 [2] - AGF Capital Partners fee-earning assets remained stable at $2.1 billion in December 2024 compared to November 2024 [2] - Total AGF Capital Partners AUM and fee-earning assets stood at $4.9 billion in December 2024 [4] Company Overview - AGF Management Limited is an independent and globally diverse asset management firm founded in 1957 [4] - The company operates through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [4] - AGF serves over 800,000 investors and has nearly $53 billion in total assets under management and fee-earning assets [6] - The company is headquartered in Toronto, Canada, with investment operations and client servicing teams in North America and Europe [6] - AGF trades on the Toronto Stock Exchange under the symbol AGF.B [6]