DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

September 02, 2005 09:34 ET

Dundee Wealth Reports August 2005 Assets of $45.1 Billion

TORONTO, ONTARIO--(CCNMatthews - Sept. 2, 2005) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at August 31, 2005 of $45.1 billion.

The following is a breakdown of total assets as at August 31, 2005:



Assets Under Management and Administration
As at August 31, 2005
(in millions of $)


Assets Under Management (AUM) 17,805
Assets Under Administration (AUA) 27,308
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Total AUM & AUA 45,113
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AUM Activity:
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July 31, 2005 AUM 16,537
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August 2005 gross additions 282
August 2005 gross redemptions 215
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August 2005 net additions 67
Change in market 214
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16,818
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Dundee Securities managed accounts 987
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August 31, 2005 AUM 17,805
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AUM Breakdown:
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Mutual Funds 14,343
Closed end funds 633
Structured products 438
High net worth accounts - Goodman Private Wealth 850
High net worth accounts - Dundee Securities managed accounts 987
Third party funds 554
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17,805
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Please note that AUA figures are estimates only


Dundee Wealth is a Canadian owned, TSX listed wealth management company that provides investment management, securities brokerage, financial planning and investment advisory services to individuals, financial advisors, institutions, corporations and foundations. Dundee Wealth oversees $45.1 billion in assets under management and administration and 2,009 independent financial advisors and 500 insurance agents located in 667 branches across Canada.

Contact Information

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