Share |

DundeeWealth launches funds for EU investors

DundeeWealth, a Canadian family-owned wealth management company, has launched a Canada-focused suite of funds in Europe. The funds aim to give European investors immediate access to Canada's strong economy and commodities market.

"DundeeWealth has a reputation in Canada for investment excellence and product innovation," said David Goodman, president and CEO of DundeeWealth, which oversees $59.1 billion in assets under management.

Six funds will be made available through a new "Société d'Investissement à Capital Variable", the Dynamic Investment Fund, which is being distributed through DundeeWealth's European subsidiary, DF Investments.

The Dynamic Investment Fund's six sub-fund offerings will be distributed in European Member States including Luxembourg, the UK and France. DundeeWealth's Dynamic family of funds in Canada has set a record for most consecutive months (19 as of March 2008) offering the greatest number of mandates, earning Morningstar Canada's five-star rating.

"The Dynamic Investment Fund marks our first major entry into a foreign market and we will continue to look for opportunities to grow our business by gathering assets inside and outside of Canada," added Goodman.

DundeeWealth, which was established by David's father Ned, offers asset management, including alternative investments, and provides investment solutions, capital markets and advisory services for financial advisors, institutions, corporations and foundations.

Click here >>