DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

August 02, 2006 17:33 ET

Dundee Wealth Reports July 2006 Assets of $50.5 Billion

TORONTO, ONTARIO--(CCNMatthews - Aug. 2, 2006) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at July 31, 2006 of $50.5 billion.

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



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

Assets Under Management (AUM) 22,312
Assets Under Administration (AUA) 28,213
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Total AUM & AUA 50,525
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AUM Activity:
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June 30, 2006 AUM 20,324
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July, 2006 gross additions 609
July, 2006 gross redemptions 191
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July, 2006 net additions 418
Change in market 310
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21,052
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Dundee Securities managed accounts 1,260
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July 31 2006 AUM 22,312
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AUM Breakdown:
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Mutual funds 17,570
Closed end funds 525
Structured investment solutions 1,255
High net worth accounts - Goodman Private Wealth 1,299
High net worth assets in other categories (252)
High net worth accounts - Dundee Securities managed accounts 1,260
Third party funds 655
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22,312
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Please note that AUA figures are estimates only

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 that creates and provides investment management and advisory services, securities brokerage and financial planning to individuals, financial advisors, institutions, corporations and foundations. Dundee Wealth oversees $50.5 billion in assets under management and administration and 1,846 independent financial advisors and approximately 500 insurance agents located in 654 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