AGF Management Is in a Challenging Spot as a Subscale Independent Canadian Active Asset Manager

Founded in 1957, AGF Management began as a mutual fund company offering retail investors in Canada greater access to the US stock market through its American Growth Fund. Retail equity mutual fund assets are still the firm's bread and butter and make up the majority of AGF's assets. Although the firm has made some acquisitions and invested in partnerships, we believe that organic growth in assets under management continues to be its main focus.