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Dundee's back office database software has been converted
During the second half of October Dundee successfully converted hundreds of thousands of client names and millions of client investment transactions to a new, state of the art software. This will enable us to increase transaction efficiency and provide great future flexibility.
One impact of this is the replacement of the existing client access web site. You can now request access to the new client web site, www.dundeewealth.com by contacting the office. The next newsletter will have more details.
Due to the program change the printed or emailed account reviews I send will have a different format. Dundee is working with the software provider to create a customized menu of reporting options. For the next little while any reports produced may be very simple.
No significant distributions of income for major funds
As far as I have seen, the major funds owned by clients are expected to have little or no income distributions this December. This is good because it means that in your open accounts you will not receive T3 or T5 slips and have to pay tax on gains made by the funds. Instead, the tax on the gains are deferred to a future year.
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