AGF Management Limited today announced a realignment of its organizational structure to better reflect its core focus on investment management.

The new structure integrates the retail (AGF Funds Inc.) and institutional/private client (AGF Asset Management Group) businesses under one banner: AGF Investments. The reorganization will create a more streamlined organization that will enable AGF to better meet the demands of investors, advisors and shareholders.

"We believe our more streamlined structure focusing on investments truly reflects our commitment to clients and excellence in money management," said Blake C. Goldring, Chairman and CEO, AGF Management Limited. "It will allow us to better leverage our core investment management competency across all distribution channels in a cost-effective way as we work with all our clients to help investors succeed."

Blake also took the opportunity to thank Randy Ambrosie, who has decided to leave the firm. "We are deeply appreciative of the strategic and instrumental role Randy has played in our retail business," said Blake. "His success in leading and building teams leaves a rich foundation of strong relationships, an award-winning product shelf and a culture of excellence that we will leverage into the future." Over the past three years, AGF has twice won the Advisors' Choice award at the Canadian Investment Awards.

Joining AGF Investments, which will be led by Blake Goldring, will be the head of National Advisor Sales Rose Cammareri, who is promoted to Executive Vice-President. Other members of the Executive include Executive Vice-President Rob Badun, Chief Investment Officer Martin Hubbes and Chief Financial Officer Greg Henderson. General Counsel Judy Goldring is also promoted to Executive Vice-President and assumes the role of Chief Operating Officer. AGF Trust continues to be led by Mario Causarano.

"This integration provides us with a strong, strategic and streamlined organization that enables us to better focus on our core business and strengthens our focus on asset growth among our retail, institutional and private client groups," added Blake.

About AGF Management Limited
AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. AGF's products and services include a diversified family of award-winning mutual funds, AGF Elements portfolios, the Harmony asset management program, services for institutional and high-net-worth clients, as well as AGF Trust GICs, loans and mortgages. With approximately $34.5 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.

Media, please contact:

Lucy Becker
Vice-President, Corporate Communications
416-865-4284
lucy.becker@AGF.com

Analysts, please contact:

Greg Henderson, CA
Senior Vice President and Chief Financial Officer
416-865-4156
greg.henderson@AGF.com