DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

December 04, 2007 16:57 ET

DundeeWealth Reports November 2007 Assets of $60.2 Billion

TORONTO, ONTARIO--(Marketwire - Dec. 4, 2007) - DundeeWealth Inc. (TSX:DW) reported total revenue earning fiduciary assets at November 30, 2007 of $60.2 billion.



Assets Under Management and Administration
As at November 30, 2007

(in millions of $)

Assets Under Management (AUM) 27,665
Assets Under Administration (AUA) 32,503
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Total AUM and AUA 60,168
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AUM Activity:
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AUM at beginning of period 27,004
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Gross additions 481
Gross redemptions 320
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Net additions 161
Change in market (1,099)
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26,066
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Dundee Securities managed accounts 1,599
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November 30, 2007 AUM 27,665
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AUM Breakdown:
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Mutual funds 22,717
Closed end funds 613
Structured investment solutions 580
High net worth accounts - Goodman Private Wealth 1,647
High net worth assets in other categories (417)
High net worth accounts - Dundee Securities managed accounts 1,599
Third party funds 926
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27,665
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In addition to the figures detailed above, the Company continues to
administer bank client deposits of $2.7 billion in Dundee Bank of Canada,
which was sold on September 28, 2007.


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 $60.2 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.
    Robert Pattillo
    Chief Brand and Communications Officer
    (416) 365-6466