DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

May 02, 2007 14:15 ET

Dundee Wealth Reports April 2007 Assets of $62.7 Billion

TORONTO, ONTARIO--(CCNMatthews - May 2, 2007) - Dundee Wealth Management Inc. (TSX:DW) reported total revenue earning fiduciary assets at April 30, 2007 of $62.7 billion.

The following is a breakdown of total assets as at April 30, 2007:



Assets Under Management and Administration
As at April 30, 2007

(in millions of $)

Assets Under Management (AUM) 28,011
Assets Under Administration (AUA) 33,118
Bank Client Deposits (BCD) 1,586
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Total AUM, AUA and BCD 62,715
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AUM Activity:
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AUM at beginning of period 25,692
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Gross additions 468
Gross redemptions 338
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Net additions 130
Change in market 606
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26,428
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Dundee Securities managed accounts 1,583
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April 30, 2007 AUM 28,011
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AUM Breakdown:
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Mutual funds 21,213
Closed end funds 385
Structured investment solutions 2,781
High net worth accounts - Goodman Private Wealth 1,518
High net worth assets in other categories (347)
High net worth accounts - Dundee Securities managed accounts 1,583
Third party funds 878
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28,011
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Please note that AUA figures are estimates only

Net additions and AUM include structured investment vehicles managed by
Dundee Securities Corporation or its affiliates.


Dundee Wealth is a Canadian owned wealth management company. Through its various subsidiaries, including Dundee Bank of Canada, a Schedule I chartered bank, Dundee Wealth creates and provides investment solutions as well as capital markets and advisory services for financial advisors, institutions, corporations and foundations. Dundee Wealth oversees $62.7 billion in assets under management and administration through independent financial advisors across Canada. It is listed on the Toronto Stock Exchange (TSX:DW).

Contact Information

  • Dundee Wealth Management Inc.
    Ned Goodman
    President and CEO
    (416) 365-5665
    or
    Dundee Wealth Management Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010