DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

December 04, 2006 13:35 ET

Dundee Wealth Reports November 2006 Assets of $55.9 Billion

TORONTO, ONTARIO--(CCNMatthews - Dec. 4, 2006) - Dundee Wealth Management Inc. (TSX:DW) reported total revenue earning fiduciary assets at November 30, 2006 of $55.9 billion.

The following is a breakdown of total assets as at November 30, 2006:



Assets Under Management and Administration
As at November 30, 2006
(in millions of $)

Assets Under Management (AUM) 25,272
Assets Under Administration (AUA) 29,911
Bank Client Deposits 676
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Total AUM & AUA 55,859
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AUM Activity:
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October 31, 2006 AUM 23,148
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November, 2006 gross additions 823
November, 2006 gross redemptions 394
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November, 2006 net additions 429
Change in market 317
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746
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Dundee Securities managed accounts 1,378
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November 30, 2006 AUM 25,272
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AUM Breakdown:
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Mutual funds 18,857
Closed end funds 423
Structured investment solutions 2,837
High net worth accounts - Goodman Private Wealth 1,293
High net worth assets in other categories (277)
High net worth accounts - Dundee Securities managed accounts 1,378
Third party funds 761
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25,272
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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. 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 $55.9 billion in assets under management and administration through independent financial advisors 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