DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

May 02, 2008 16:22 ET

DundeeWealth Reports April 2008 Assets of $60.7 Billion

TORONTO, ONTARIO--(Marketwire - May 2, 2008) - DundeeWealth Inc. (TSX:DW) reported total revenue earning fiduciary assets at April 30, 2008 of $60.7 billion.



Assets Under Management and Administration
As at April 30, 2008
(in millions of $)

Assets Under Management (AUM) 28,967
Assets Under Administration (AUA) 31,733
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Total AUM and AUA 60,700
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AUM Activity:
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AUM at beginning of period 26,310
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Gross additions 605
Gross redemptions 338
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Net additions 267
Change in market 649
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27,226
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Dundee Securities managed accounts 1,741
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April 30, 2008 AUM 28,967
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AUM Breakdown:
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Mutual funds 23,931
Closed end funds 568
Structured investment solutions 535
High net worth accounts - Goodman Private Wealth 1,711
High net worth assets in other categories (424)
High net worth accounts - Dundee Securities managed accounts 1,741
Third party funds 905
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28,967
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DundeeWealth is a Canadian owned, diversified wealth management company. Through its various subsidiaries, DundeeWealth creates innovative asset management, alternative investments and provides investment solutions. In addition, DundeeWealth provides capital markets and advisory services to financial advisors, institutions, corporations and foundations, and provides retail banking services through financial advisors. DundeeWealth oversees $60.7 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

  • DundeeWealth Inc.
    David Goodman
    President and Chief Executive Officer
    (416) 365-5168
    or
    DundeeWealth Inc.
    Robert Pattillo
    Executive VP, Branding, Marketing & Communications
    (416) 365-6466