DundeeWealth(TM) reports year end 2009 fee-earning assets of $68.8 billion
Net sales of
Change in AUM for the month includes long-term mutual fund net sales of
DundeeWealth manages approximately
Assets Under Management and Administration As at December 31, 2009 (in millions of $) ------------------------------------------------------------------------- Total AUA and AUM, including Bank Deposits 68,764 ------------------------------------------------------------------------- For the one month and twelve month periods ended December 31, 2009 December 2009 Twelve Months --------------- --------------- AUM Activity, excluding Bank Deposits ------------------------------------- AUM at beginning of period 32,994 23,936 ------------------------------------------------------------------------- Gross additions 713 6,479 Gross redemptions 374 3,838 ------------------------------------------------------------------------- Net additions 339 2,641 Change in market 695 7,451 ------------------------------------------------------------------------- 34,028 34,028 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Dundee Securities managed accounts 2,052 2,052 ------------------------------------------------------------------------- December 31, 2009 AUM 36,080 36,080 ------------------------------------------------------------------------- ------------------------------------------------------------------------- AUM Breakdown ------------- Mutual funds 26,198 Closed end funds 365 Structured investment solutions 416 High net worth accounts - Goodman Private Wealth 1,720 High net worth assets in other categories (412) High net worth accounts - Dundee Securities managed accounts 2,052 Third party institutional 5,741 ------------------------------------------------------------------------- ------------------------------------------------------------------------- 36,080 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Dundee Bank of Canada, Bank Deposits 7,201 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Assets under Administration 25,483 ------------------------------------------------------------------------- -------------------------------------------------------------------------
About DundeeWealth Inc.
DundeeWealth is a Canadian owned, independent wealth management company that oversees
For further information: Investor/Analyst inquiries: John Pereira, Chief Financial Officer, DundeeWealth Inc., (416) 365-5180; Media inquiries: Myra Reisler, Manager, Public Affairs, DundeeWealth Inc., (416) 365-5370
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