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DundeeWealth(R) Reports October 2010 Fee Earning Assets of $78.5 Billion, $954 Million in Net Sales and 4.3% Growth in AUM

^{Published on 2010-11-01 04:20:57 - Market Wire}
 

 ------------------------------------------------------------------------- AUM 44,388 ------------------------------------------------------------------------- AUA 27,209 ------------------------------------------------------------------------- Bank Deposits, Dundee Bank of Canada 6,911 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Total revenue earning fiduciary assets 78,508 ------------------------------------------------------------------------- ------------------------------------------------------------------------- AUM Activity: ------------- AUM at beginning of period, excl. Dundee Securities and currency management accounts 39,799 ------------------------------------------------------------------------- Gross additions 1,612 Gross redemptions 658 ------------------------------------------------------------------------- Net additions 954 Change in market 771 ------------------------------------------------------------------------- 41,524 ------------------------------------------------------------------------- High net worth accounts - Dundee Securities managed accounts 2,521 Third party institutional - active currency management accounts 343 ------------------------------------------------------------------------- Total AUM 44,388 ------------------------------------------------------------------------- ------------------------------------------------------------------------- AUM Breakdown: -------------- Mutual funds 32,574 Closed end funds 269 Structured investment solutions 343 High net worth accounts - Goodman Private Wealth 2,094 High net worth assets in other categories (463) High net worth accounts - Dundee Securities managed accounts 2,521 Third party institutional 6,707 Third party institutional - active currency management accounts 343 ------------------------------------------------------------------------- Total AUM 44,388 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Note: Total net sales of $954 million includes approximately $543 million in third party institutional net sales.