DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

March 02, 2007 09:06 ET

Dundee Wealth Reports February 2007 Assets of $60.1 Billion

TORONTO, ONTARIO--(CCNMatthews - March 2, 2007) - Dundee Wealth Management Inc. (TSX:DW) reported total revenue earning fiduciary assets at February 28, 2007 of $60.1 billion.



The following is a breakdown of total assets as at February 28, 2007:

Assets Under Management and Administration
As at February 28, 2007
(in millions of $)

Assets Under Management (AUM) 26,834
Assets Under Administration (AUA) 32,010
Bank Client Deposits 1,264
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Total AUM & AUA 60,108
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Please note that AUA figures are estimates only

AUM Activity:
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January 31, 2007 AUM 25,217
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February, 2007 gross additions 664
February, 2007 gross redemptions 611
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February, 2007 net additions 53
Change in market 44
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25,314
Dundee Securities managed accounts 1,520
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February 28, 2007 AUM 26,834
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AUM Breakdown:
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Mutual funds 20,069
Closed end funds 401
Structured investment solutions 2,887
High net worth accounts - Goodman Private Wealth 1,464
High net worth assets in other categories (316)
High net worth accounts - Dundee Securities managed accounts 1,520
Third party funds 809
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26,834
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Net additions and AUM include structured investment vehicles managed by
Dundee Securities Corporation or its affiliates.
Redemptions include $206 million from the DMP Resource Fund relating to
rollovers from flow-through Limited Partnerships reported in previous
months.


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 $60.1 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 & Chief Executive Officer
    (416) 365-5665
    or
    Dundee Wealth Management Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010