DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

July 03, 2008 09:13 ET

DundeeWealth Reports June 2008 Assets of $63.1 Billion

TORONTO, ONTARIO--(Marketwire - July 3, 2008) - DundeeWealth Inc. (TSX:DW) reported total revenue earning fiduciary assets at June 30, 2008 of $63.1 billion.



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

Assets Under Management (AUM) 31,472
Assets Under Administration (AUA) 31,647
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Total AUM and AUA 63,119
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AUM Activity:
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AUM at beginning of period 28,754
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Gross additions 1,104
Gross redemptions 334
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Net additions 770
Change in market 91
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29,615
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Dundee Securities managed accounts 1,857
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June 30, 2008 AUM 31,472
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AUM Breakdown:
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Mutual funds 26,131
Closed end funds 503
Structured investment solutions 578
High net worth accounts - Goodman Private Wealth 1,895
High net worth assets in other categories (472)
High net worth accounts - Dundee Securities managed accounts 1,857
Third party funds 980
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31,472
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(i) Included in gross additions is $379 million from institutional accounts.


DundeeWealth is a Canadian owned, independent wealth management company that oversees more than $63.1 billion in assets under management and administration. It provides diversified wealth management and investment solutions including alternative and tax-advantaged products, capital markets and advisory services to financial advisors, institutions, corporations and foundations, and innovative wealth management through independent financial advisors across Canada. DundeeWealth is listed on the Toronto Stock Exchange (TSX:DW).

Contact Information

  • DundeeWealth Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010
    or
    DundeeWealth Inc.
    Robert Pattillo, Executive Vice President,
    Branding, Marketing & Communications
    (416) 365-6466