DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

October 03, 2005 17:48 ET

Dundee Wealth Reports September 2005 Assets of $46.2 Billion

TORONTO, ONTARIO--(CCNMatthews - Oct. 3, 2005) - Dundee Wealth Management Inc. (TSX:DW) reported total fee earning fiduciary assets at September 30, 2005 of $46.2 billion.

The following is a breakdown of total assets as at September 30, 2005:



Dundee Wealth Management Inc.
Assets Under Management and Administration
As at September 30, 2005
(in millions of $)

Assets Under Management (AUM) 18,533
Assets Under Administration (AUA) 27,671
---------------------------------------------------------------------
Total AUM & AUA 46,204
---------------------------------------------------------------------
---------------------------------------------------------------------

AUM Activity:
-------------
August 31, 2005 AUM 16,818
---------------------------------------------------------------------
September 2005 gross additions 362
September 2005 gross redemptions 255
---------------------------------------------------------------------
September 2005 net additions 107
Change in market 619
---------------------------------------------------------------------
17,544
---------------------------------------------------------------------
---------------------------------------------------------------------
Dundee Securities managed accounts 989
---------------------------------------------------------------------
September 30, 2005 AUM 18,533
---------------------------------------------------------------------
---------------------------------------------------------------------

AUM Breakdown:
--------------
Mutual funds 14,894
Closed end funds 646
Structured products 535
High net worth accounts - Goodman Private Wealth 1,075
High net worth assets in other categories (182)
High net worth accounts - Dundee Securities managed accounts 989
Third party funds 576
---------------------------------------------------------------------
18,533
---------------------------------------------------------------------
---------------------------------------------------------------------
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 $46.2 billion in assets under management and administration and 1,987 independent financial advisors and 446 insurance agents located in 665 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