AGF Management Limited (AGF) is pleased to announce that AGF Investments and its institutional investment strategies have achieved GIPS compliance.
In addition, AGF Investments has been independently verified by PricewaterhouseCoopers LLP as GIPS compliant for the five years ending December 31, 2010. Copies of the independent auditor's report are available on request.
Global Investment Performance Standards (GIPS) are a set of voluntary standards used by industry-leading global investment managers to calculate and report their investment results to prospective clients. Created and administered by the CFA Institute, GIPS standards provide investors around the world with additional transparency to enable an objective comparison and evaluation of investment managers.
"We are delighted to achieve this important milestone as it reinforces AGF's ongoing commitment to full disclosure and integrity as we continue to grow our institutional business globally," said Chris Boyle, Senior Vice-President, Institutional for AGF Investments Inc. "This verification serves to increase investor confidence in our investment strategies as they are assured that our results are transparent, comparable and reported to the highest standards."
About AGF Investments
AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. For the purposes of GIPS, the subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA) and AGF Asset Management (Asia) Limited (AGF AM Asia). AGFA is a registered advisor in the U.S. AGFI is registered as a portfolio manager across Canadian securities commissions. AGF AM Asia is registered as a portfolio manager in Singapore. The subsidiaries that form AGF Investments manage a variety of mandates comprised of equity, fixed income and balanced assets.
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. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With approximately $48 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.
Except where defined for GIPS purposes herein, AGF Investments is a registered trade name of AGF Investments Inc. that includes the following affiliated entities: Acuity Investment Management Inc., AGFIA Limited, Highstreet Asset Management Inc. and AGF Investments America Inc.
For more information, contact AGF Corporate Communications:
Karen Archer, Manager