DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

November 02, 2005 17:08 ET

Dundee Wealth Reports October 2005 Assets of $44.1 Billion

TORONTO, ONTARIO--(CCNMatthews - Nov. 2, 2005) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at October 31, 2005 of $44.1 billion.

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



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

Assets Under Management (AUM) 17,527
Assets Under Administration (AUA) 26,558
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Total AUM & AUA 44,085
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AUM Activity:
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September 30, 2005 AUM 17,544
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October 2005 gross additions 281
October 2005 gross redemptions 227
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October 2005 net additions 54
Change in market (1,077)
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16,521
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Dundee Securities managed accounts 1,006
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October 31, 2005 AUM 17,527
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AUM Breakdown:
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Mutual funds 14,087
Closed end funds 509
Structured products 492
High net worth accounts - Goodman Private Wealth 1,042
High net worth assets in other categories (164)
High net worth accounts - Dundee Securities managed accounts 1,006
Third party funds 555
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17,527
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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 $44.1 billion in assets under management and administration and 1,948 independent financial advisors and 483 insurance agents located in 674 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