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AGF Management Limited Net Asset Value 2025

Dec 3, 2025

42566_rns_2025-12-03_0838b088-dd0b-468e-9747-e8eb05b9de88.pdf

Net Asset Value

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AGF

MEDIA RELEASE

AGF REPORTS NOVEMBER 2025 ASSETS UNDER MANAGEMENT and FEE-EARNING ASSETS

TORONTO, December 3, 2025 – AGF Management Limited reported total assets under management (AUM) and fee-earning assets¹ of $60.4 billion as at November 30, 2025.

AUM ($ billions) November 30, 2025 October 31, 2025 % Change Month-Over-Month November 30, 2024 % Change Year-Over-Year
Total Mutual Fund $35.0 $35.0 $30.7
Exchange-traded funds + Separately managed accounts $4.1 $3.9 $2.5
Segregated accounts and Sub-advisory $7.2 $7.0 $7.0
AGF Private Wealth $9.5 $9.4 $8.5
Subtotal (before AGF Capital Partners AUM and fee-earning assets¹) $55.8 $55.3 $48.7
AGF Capital Partners $2.5 $2.5 $2.8
Total AUM $58.3 $57.8 0.9% $51.5 13.2%
AGF Capital Partners fee-earning assets¹ $2.1 $2.1 $2.1
Total AUM and fee-earning assets¹ $60.4 $59.9 0.8% $53.6 12.7%
Average Daily Mutual Fund AUM $34.7 $34.7 $30.1

¹ Fee-earning assets represent assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.


MEDIA RELEASE

Mutual Fund AUM by Category ($ billions) November 30, 2025 October 31, 2025 November 30, 2024
Domestic Equity Funds $4.7 $4.6 $4.6
U.S. and International Equity Funds $22.7 $22.8 $19.0
Domestic Balanced Funds $0.1 $0.1 $0.1
U.S. and International Balanced Funds $1.4 $1.4 $1.6
Domestic Fixed Income Funds $2.3 $2.3 $1.8
U.S. and International Fixed Income Funds $3.5 $3.5 $3.3
Domestic Money Market $0.3 $0.3 $0.3
Total Mutual Fund AUM $35.0 $35.0 $30.7
AGF Capital Partners AUM and fee-earning assets ($ billions) November 30, 2025 October 31, 2025 November 30, 2024
--- --- --- ---
AGF Capital Partners AUM $2.5 $2.5 $2.8
AGF Capital Partners fee-earning assets $2.1 $2.1 $2.1
Total AGF Capital Partners AUM and fee-earning assets $4.6 $4.6 $4.9

AGF


MEDIA RELEASE

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm's collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $60 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

AGF Management Limited shareholders, analysts and media, please contact:

Nick Smerek
VP, Financial Planning & Analysis
416-865-4337, [email protected]

AGF