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AGF positive net sales for September 2006
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AGF reported positive net sales of long term funds of $44.5 million for the month ended September 30th, 2006. In the same month last year, AGF reported net redemptions of $129.6 million. Gross sales of long term funds for the month ended September 30, 2006 were $336.2 million, an increase of 48.4% over the $226.6 million reported in the same month last year. To the end of August 31, 2006, AGF has the highest percentage of funds in the first quartile over one and three years of any of the 10 largest mutual fund firms in Canada.
Total fee-earning AUM, including mutual funds, institutional mandates and AGF Private Investment Management (PIM), were $39.2 billion up 16.7% from $33.6 billion for the same period last year. On September 6, 2006, AGF announced that AGF International Advisors Company Limited (AGFIA) would assume the role of Portfolio Advisor to AGF International Value Fund and AGF International Value Class. This decision was made based on the best interests of securityholders.
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Barry
Mr. Do It All
Oct 7, 2006, 2:36 PM
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