Nov 17, 2021

AIMCo Reports Strong Third Quarter Results for Clients

Q3 2021 Highlights

  • 1.7% total fund net return

  • 9.2% total fund return year-to-date, double the aggregate benchmark

  • $130.1 billion assets under management

AIMCo earned a total fund return of 1.7% net of all fees — measuring a composite of its clients’ portfolios — surpassing an aggregate benchmark of 0.8%. Total client assets under management were $130.1 billion at the end of the quarter.

As of September 30, 2021, AIMCo has earned a year-to-date total fund return of 9.2%, more than double its benchmark of 4.5%. In particular, AIMCo’s balanced fund has earned a return of 10.0% year-to-date.

“Momentum remained positive in the third quarter with $1.2 billion in value-add driven by the strong performance of public equities,” said Dale MacMaster, Chief Investment Officer. “We have capitalized on robust economic activity and global earnings growth which have buoyed share prices and enabled us to deliver solid, above-benchmark performance for our clients.”

Mr. MacMaster added, “As we look ahead, we will maintain our focus on areas that we believe show potential to add value for our clients while ensuring appropriate risk management, always.”