DundeeWealth(R) Reports March 2011 Fee Earning Assets of $84.2 Billion, $487 Million in Net Sales and 4.5% Growth in AUM

Canada NewsWire

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TORONTO, April 4

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TORONTO, April 4 /CNW/ - DundeeWealth Inc. ("DundeeWealth") reported total revenue earning fiduciary assets at March 31, 2011 of $84.2 billion. This includes $50.9 billion in assets under management ("AUM"), $7.1 billion in Bank Deposits from Dundee Bank of Canada and $26.2 billion in assets under administration ("AUA").

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AUM growth of 4.5% for the month includes total mutual fund net sales of $489 million, which is comprised of long-term mutual fund net sales of $485 million and short-term mutual fund net sales of $4 million.