AGF Management Limited Class B · TSX:AGF.B

AGF Management Limited Class B — Q3 2006 Earnings Presentation

15 slides from AGF Management Limited Class B's earnings presentation, Sep 28, 2006

  1. Slide 1: 2006 Third Quarter Financial & Operating Results

    AGF MANAGEMENT LIMITED 2006 Third Quarter Financial & Operating Results September 28, 2006 1

  2. Slide 2: Forward-Looking Information

    FORWARD-LOOKING INFORMATION Certain information presented in these remarks and in this presentation that is not historical factual information may constitute forward-looking information within the meaning of securities laws. Actual results could differ materially from a conclusion, forecast or proje

  3. Slide 3: Conference Call Participants

    CONFERENCE CALL PARTICIPANTS Speaking: Blake C. Goldring, Chairman & Chief Executive Officer Greg J. Henderson, Senior Vice President & Chief Financial Officer In attendance: Randy G. Ambrosie, President of AGF Funds Inc. Mario Causarano, President & Chief Operating Officer of AGF Trust Company Mart

  4. Slide 4: Q3 2006 Financial Highlights & Items

    Q3 2006 FINANCIAL HIGHLIGHTS & ITEMS Revenue increased 12.8% Net Income increased 70.4% EBITDA from continuing operations declined 14.1% Cash Flow from continuing ops increased 14.5% $15.9 million credit to future income taxes $5.5 million lower investment income than Q3 2005 $0.9 million loss on sa

  5. Slide 5: Performance Highlights

    PERFORMANCE HIGHLIGHTS Best Investment Performance among Top 10 Firms Increased Gross Sales YOY by 41% Institutional AUM up 47% Second Consecutive Quarter of Positive Net Sales Profitable & Synergistic contribution from AGF Trust 5

  6. Slide 6: Mutual Funds: Best Investment Performance Among Top Firms

    MUTUAL FUNDS: BEST INVESTMENT PERFORMANCE AMONG TOP FIRMS % of Funds in First Quartile at August 31, 2006 for the Top 10 Mutual Fund Providers* One Year Three Year AGF 57% 40% RBC Asset Management 41% 37% Investors Group 28% 18% BMO 28% 23% Fidelity Investments 28% 31% CI Investments 24% 39% TD Asse

  7. Slide 7: Mutual Funds: Best Growth in Gross Sales Among Top Firms

    MUTUAL FUNDS: BEST GROWTH IN GROSS SALES AMONG TOP FIRMS Gross Sales % Change Calendar YTD at August 2006 vs August 2005 45 41 35 28 28 25 20 15 10 9 3 3 1 5 -5 -5 -7 -15 -25 Industry AGF RBC Fidelity IG CIBC Mackenzie TD CI Franklin BMO Templeton 7 Data Source: Investor Economics

  8. Slide 8: Mutual Funds: Net Sales - The Tide Has Turned

    MUTUAL FUNDS: NET SALES - THE TIDE HAS TURNED Monthly Net Sales of Long Term Funds (in $MM) August June June May July May July Aug Nov Dec Sep Mar Mar Feb Feb Apr Apr Jan Jan Oct 100 50 0 -50 -100 +$292M -150 -200 -250 -300 8 Not including $884M redemption in January 2005 and $274M sale in August 20

  9. Slide 9: AGFIA: World-Class Investment Management

    AGFIA: WORLD-CLASS INVESTMENT MANAGEMENT • AGF International Advisors named Portfolio Advisor to AGF International Value Fund and AGF International Value Class • Award-winning advisors to: – AGF International Stock Class – AGF Global Perspective Class – AGF European Equity Class – AGF U.S. Value Cla

  10. Slide 10: Investment Management: AUM

    INVESTMENT MANAGEMENT: AUM $ Billions 45 40 35 8.0 8.3 7.5 30 5.6 6.3 5.9 6.0 6.3 25 5.5 5.6 20 23.5 23.7 24.4 22.2 22.2 15 10 5 0 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Mutual Funds PIM Institutional 10

  11. Slide 11: AGF Trust Company: Loan Assets

    AGF TRUST COMPANY: LOAN ASSETS $ Billions 2.0 1.1 1.0 1.5 0.8 0.8 0.7 1.0 0.9 0.7 0.5 0.6 0.6 0.5 0.0 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Mortgage Loans Consumer Loans 11

  12. Slide 12: AGF Management Limited: Revenue & EBITDA - Continuing Operations

    AGF MANAGEMENT LIMITED: REVENUE & EBITDA – continuing operations $ Millions 200 180 169.2 174.2 172.6 160 153.0 148.6 140 120 100 80 60 65.2 68.7 65.6 40 56.1 50.9 20 0 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Revenue EBITDA 12

  13. Slide 13: Investment Management: Revenue & EBITDA

    INVESTMENT MANAGEMENT: REVENUE & EBITDA $ Millions 160 140 131.7 136.7 131.7 120 127.8 122.7 100 80 60 60.6 56.8 40 53.4 49.2 43.7 20 0 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Revenue EBITDA 13

  14. Slide 14: AGF Trust Company: Total Revenue & EBITDA

    AGF TRUST COMPANY: TOTAL REVENUE & EBITDA $ Millions 25 22.4 20 15.7 15 14.2 11.7 10.0 13.4 10 5 6.1 4.9 5.2 4.4 0 Q3 2005 Q4 2005 Q1 2006 Q2 2006 Q3 2006 Total Revenue EBITDA 14 *Interest, admin fees, other revenue and securitization gains, less interest on deposits

  15. Slide 15: Questions

    AGF MANAGEMENT LIMITED QUESTIONS 15

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