(February 5 – 10:50 ET) – AGF Management Ltd. reported record net sales for the month of January totalling $326 million, marking the highest net sales for January in the history of the company. The total reflects combined net sales for AGF and its recent acquisition, Global Strategy.

Even including the integration of Global Strategy, the company reports that redemption rates dropped in January to 1.08% from 1.63% in the same period last year.

“AGF’s strong sales build on the momentum established during the last year,” said Blake Goldring, president and chief executive officer, AGF Management Ltd. “We have seen vigorous growth as a result of our exceptional fund performance, low redemption rates, broad distribution channels and expanding advisor base.”

During January, AGF introduced full transferability between the AGF and Global Strategy families of funds. “We are delighted that advisors and investors now have the broadest possible choice among our top-performing and broadly diversified family of funds,” said Goldring.
-IE Staff