DundeeWealth Inc.

DundeeWealth Inc.

March 01, 2005 19:06 ET

Dundee Wealth Reports February 2005 Assets of $42.7 Billion; AUM Increased by $1.0 Billion in February


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DUNDEE WEALTH MANAGEMENT INC.

TSX SYMBOL: DW

MARCH 1, 2005 - 19:06 ET

Dundee Wealth Reports February 2005 Assets of $42.7
Billion; AUM Increased by $1.0 Billion in February

TORONTO, ONTARIO--(CCNMatthews - March 1, 2005) - Dundee Wealth
Management Inc. (TSX:DW) reported total fee earning fiduciary assets at
February 28, 2005 of $42.7 billion.

The following is a breakdown of total assets as at February 28, 2005:



Assets Under Management and Administration
As at February 28, 2005
(in millions of $)


Assets Under Management (AUM) 15,868
Assets Under Administration (AUA) 26,828
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Total AUM & AUA 42,696
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AUM Activity:

January 31, 2005 AUM 14,110
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February 2005 gross additions 649
February 2005 gross redemptions 330
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February 2005 net additions 319
Change in market 651
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15,080
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Dundee Securities managed accounts 788
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February 28, 2005 AUM 15,868
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AUM Breakdown:

Mutual Funds 12,667
Closed end funds 564
Structured products 638
High net worth accounts - Goodman Private Wealth 759
High net worth accounts - Dundee Securities managed accounts 788
Third party funds 452
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15,868
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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 $42.7 billion in assets under management and administration and
2,618 independent financial advisors and insurance agents located in 684
branches across Canada.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    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