DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

March 04, 2008 16:52 ET

DundeeWealth Reports February 2008 Assets of $59.2 Billion

TORONTO, ONTARIO--(Marketwire - March 4, 2008) - DundeeWealth Inc. (TSX:DW) reported total revenue earning fiduciary assets at February 29, 2008 of $59.2 billion.



Assets Under Management and Administration
As at February 29, 2008
(in millions of $)

Assets Under Management (AUM) 28,087
Assets Under Administration (AUA) 31,121
---------------------------------------------------------------------------
Total AUM and AUA 59,208
---------------------------------------------------------------------------
---------------------------------------------------------------------------

AUM Activity:
-------------
AUM at beginning of period 25,501
---------------------------------------------------------------------------
Gross additions 729
Gross redemptions 446
---------------------------------------------------------------------------
Net additions 283
Change in market 653
---------------------------------------------------------------------------
26,437
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Dundee Securities managed accounts 1,650
---------------------------------------------------------------------------
February 29, 2008 AUM 28,087
---------------------------------------------------------------------------
---------------------------------------------------------------------------

AUM Breakdown:
--------------
Mutual funds 23,091
Closed end funds 585
Structured investment solutions 539
High net worth accounts - Goodman Private Wealth 1,722
High net worth assets in other categories (443)
High net worth accounts - Dundee Securities managed accounts 1,650
Third party funds 943
---------------------------------------------------------------------------
28,087
---------------------------------------------------------------------------
---------------------------------------------------------------------------


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 $59.2 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
    Chief Brand and Communications Officer
    (416) 365-6466