Overview
- AGF said assets under management ended the quarter above C$60 billion, up 12% year over year, with C$237 million in retail mutual fund net sales.
- Adjusted EBITDA totaled C$30 million after C$16.8 million in fair value markdowns on legacy infrastructure holdings.
- The company lowered its fiscal 2026 return outlook for its long-term investment portfolio to about 5% to 6% from 8% to 10%.
- The board raised the quarterly dividend 8% to C$0.135 per share.
- ETF and separately managed account assets grew about 54% from a year earlier as AGF launched new exchange-traded funds.