DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

April 04, 2006 15:09 ET

Dundee Wealth Reports March 2006 Assets of $51 Billion

TORONTO, ONTARIO--(CCNMatthews - April 4, 2006) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at March 31, 2006 of $51 billion.

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



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


Assets Under Management (AUM) 21,587
Assets Under Administration (AUA) 29,399
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Total AUM & AUA 50,986
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AUM Activity:
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February 28, 2006 AUM 19,324
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March, 2006 gross additions 576
March, 2006 gross redemptions 351
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March, 2006 net additions 225
Change in market 797
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20,346
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Dundee Securities managed accounts 1,241
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March 31, 2006 AUM 21,587
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AUM Breakdown:
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Mutual funds 17,463
Closed end funds 526
Structured products 682
High net worth accounts - Goodman Private Wealth 1,278
High net worth assets in other categories (278)
High net worth accounts - Dundee Securities managed accounts 1,241
Third party funds 675
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21,587
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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 $51 billion in assets under management and administration and 1,887 independent financial advisors and 517 insurance agents located in 651 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