DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

August 03, 2005 17:01 ET

Dundee Wealth Reports July 2005 Assets of $45.0 Billion

TORONTO, ONTARIO--(CCNMatthews - Aug. 3 2005) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at July 31, 2005 of $45.0 billion.

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



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

Assets Under Management (AUM) 17,488
Assets Under Administration (AUA) 27,466
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Total AUM & AUA 44,954
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AUM Activity:
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June 30, 2005 AUM 15,605
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July 2005 gross additions 376
July 2005 gross redemptions 180
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July 2005 net additions 196
Change in market 736
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16,537
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Dundee Securities managed accounts 951
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July 31, 2005 AUM 17,488
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AUM Breakdown:
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Mutual Funds 14,067
Closed end funds 621
Structured products 420
High net worth accounts - Goodman Private Wealth 839
High net worth accounts - Dundee Securities managed accounts 951
Third party funds 590
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17,488
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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 $45.0 billion in assets under management and administration and 2,021 independent financial advisors and 500 insurance agents located in 677 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