DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

January 04, 2007 10:10 ET

Dundee Wealth Reports December 2006 Assets of $57.8 Billion

TORONTO, ONTARIO--(CCNMatthews - Jan. 4, 2007) - Dundee Wealth Management Inc. (TSX:DW) reported total revenue earning fiduciary assets at December 31, 2006 of $57.8 billion.

The following is a breakdown of total assets as at December 31, 2006:



Assets Under Management and Administration
As at December 31, 2006

(in millions of $)

Assets Under Management (AUM) 25,960
Assets Under Administration (AUA) 30,893
Bank Client Deposits 931
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Total AUM & AUA 57,784
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Please note that AUA figures are estimates only

For the one month and twelve
month periods ended
December 31, 2006
One month Twelve months
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AUM Activity:
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AUM at beginning of period 23,894 18,182
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Gross additions 597 8,074
Gross redemptions 296 3,965
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Net additions 301 4,109
Change in market 310 2,214
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24,505 24,505
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Dundee Securities managed accounts 1,455 1,455
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December 31, 2006 AUM 25,960 25,960
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AUM Breakdown:
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Mutual funds 19,260
Closed end funds 410
Structured investment solutions 2,944
High net worth accounts - Goodman Private Wealth 1,419
High net worth assets in other categories (295)
High net worth accounts - Dundee Securities
managed accounts 1,455
Third party funds 767
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25,960
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Net additions and AUM include structured investment vehicles managed
by Dundee Securities Corporation or its affiliates.


Dundee Wealth is a Canadian owned, TSX listed, innovative 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 approximately $57.8 billion in assets under management and administration through independent financial advisors across Canada.

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