DundeeWealth(TM) reports January 2010 fee earning assets of $67.9 billion and
$407 million in net sales
Assets Under Management and Administration As at January 31, 2010 (in millions of $) ------------------------------------------------------------------------- Total AUA and AUM, including Bank Deposits 67,855 ------------------------------------------------------------------------- AUM Activity, excluding Bank Deposits ------------------------------------- AUM at beginning of period 34,028 ------------------------------------------------------------------------- Gross additions 1,090 Gross redemptions 683 ------------------------------------------------------------------------- Net additions 407 Change in market (957) ------------------------------------------------------------------------- 33,478 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Dundee Securities managed accounts 2,036 ------------------------------------------------------------------------- January 31, 2010 AUM 35,514 ------------------------------------------------------------------------- ------------------------------------------------------------------------- AUM Breakdown ------------- Mutual funds 26,036 Closed end funds 355 Structured investment solutions 218 High net worth accounts - Goodman Private Wealth 1,695 High net worth assets in other categories (409) High net worth accounts - Dundee Securities managed accounts 2,036 Third party institutional 5,583 ------------------------------------------------------------------------- ------------------------------------------------------------------------- 35,514 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Dundee Bank of Canada, Bank Deposits 7,373 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Assets under Administration 24,968 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Note: Our long-term mutual fund net sales, as reported to the Investment Funds Institute of Canada ("IFIC"), are $645.5 million. This amount includes $300 million relating to the rollover of assets of certain of the Company's flow-through limited partnerships into our mutual funds. Limited partnership additions and redemptions are not reported by IFIC. In addition to the rollover transaction, we had net sales of $62 million into products not reported by IFIC, which include hedge funds, institutional accounts, flow-through limited partnerships and high net worth accounts.
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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