DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

February 01, 2006 17:00 ET

Dundee Wealth Reports January 2006 Assets of $49.3 Billion

TORONTO, ONTARIO--(CCNMatthews - Feb. 1, 2006) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at January 31, 2006 of $49.3 billion.

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



Assets Under Management and Administration
As at January 31, 2006
(in millions of $)

Assets Under Management (AUM) 20,671
Assets Under Administration (AUA) 28,671
---------------------------------------------------------------------
Total AUM & AUA 49,342
---------------------------------------------------------------------
---------------------------------------------------------------------

AUM Activity:
-------------
December 31, 2005 AUM 18,182
---------------------------------------------------------------------
January, 2006 gross additions 819
January, 2006 gross redemptions 471
---------------------------------------------------------------------
January, 2006 net additions 348
Change in market 969
---------------------------------------------------------------------
19,499
---------------------------------------------------------------------
---------------------------------------------------------------------
Dundee Securities managed accounts 1,172
---------------------------------------------------------------------
January 31, 2006 AUM 20,671
---------------------------------------------------------------------
---------------------------------------------------------------------

AUM Breakdown:
--------------
Mutual funds 16,675
Closed end funds 575
Structured products 607
High net worth accounts - Goodman Private Wealth 1,189
High net worth assets in other categories (221)
High net worth accounts - Dundee Securities managed accounts 1,172
Third party funds 674
---------------------------------------------------------------------
20,671
---------------------------------------------------------------------
---------------------------------------------------------------------
Please note that AUA figures are estimates only


Dundee Wealth is a Canadian owned, TSX listed wealth management company that creates innovative asset management and alternative investment products as well as providing investment management, securities brokerage, financial planning and investment advisory services to individuals, financial advisors, institutions, corporations and foundations. Dundee Wealth oversees $49.3 billion in assets under management and administration and 1,912 independent financial advisors and 467 insurance agents located in 645 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