DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

April 04, 2007 12:51 ET

Dundee Wealth Reports March 2007 Assets of $61.3 Billion

TORONTO, ONTARIO--(CCNMatthews - April 4, 2007) - Dundee Wealth Management Inc. (TSX:DW) reported total revenue earning fiduciary assets at March 31, 2007 of $61.3 billion.

The following is a breakdown of total assets as at March 31, 2007:



Assets Under Management and Administration
As at March 31, 2007

(in millions of $)

Assets Under Management (AUM) 27,238
Assets Under Administration (AUA) 32,578
Bank Client Deposits (BCD) 1,493
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Total AUM, AUA and BCD 61,309
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AUM Activity:
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AUM at beginning of period 25,314
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Gross additions 542
Gross redemptions 367
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Net additions 175
Change in market 203
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25,692
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Dundee Securities managed accounts 1,546
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March 31, 2007 AUM 27,238
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AUM Breakdown:
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Mutual funds 20,470
Closed end funds 373
Structured investment solutions 2,858
High net worth accounts - Goodman Private Wealth 1,476
High net worth assets in other categories (318)
High net worth accounts - Dundee Securities managed accounts 1,546
Third party funds 833
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27,238
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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 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 $61.3 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 and CEO
    (416) 365-5665
    or
    Dundee Wealth Management Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010