DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

September 04, 2007 19:11 ET

DundeeWealth Reports August 2007 Assets of $62.6 Billion

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2007) - DundeeWealth Inc. (TSX:DW) reported total revenue earning fiduciary assets at August 31, 2007 of $62.6 billion.



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

Assets Under Management and Administration
As at August 31, 2007

(in millions of $)

Assets Under Management (AUM) 28,465
Assets Under Administration (AUA) 31,995
Bank Client Deposits (BCD) 2,173
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Total AUM, AUA and BCD 62,633
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AUM Activity:
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AUM at beginning of period 27,432
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Gross additions 593
Gross redemptions 369
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Net additions 224
Change in market (733)
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26,923
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Dundee Securities managed accounts 1,542
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August 31, 2007 AUM 28,465
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AUM Breakdown:
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Mutual funds 21,545
Closed end funds 605
Structured investment solutions 2,689
High net worth accounts - Goodman Private Wealth 1,559
High net worth assets in other categories (372)
High net worth accounts - Dundee Securities managed accounts 1,542
Third party funds 897
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28,465
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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.


DundeeWealth is a Canadian owned, diversified wealth management company. Through its various subsidiaries, including Dundee Bank of Canada, a Schedule I chartered bank, 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 $62.6 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 CEO
    (416) 365-2571
    or
    DundeeWealth Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010