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AIM Trimark Increasing Foreign Content on Canadian Funds
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AIM Trimark will increase the allowable foreign content limit in several of its Canadian funds. This added flexibility provides investors with new opportunities to enhance returns and improve fund diversification.
The increase in the foreign content limit will provide the portfolio management teams with the opportunity to add to the foreign holdings in their Canadian funds. The teams will continue to make investment decisions prudently and based on their time-tested, disciplined, bottom-up company analysis. The changes are subject to regulatory approvals and will take effect on April 2, 2007 in order to give investors and their advisors advance notice. AIM Trimark also announced that Trimark Canadian Small Companies Fund, which had been capped to new investments since May 17, 2002, will reopen to new investments on April 2, 2007.
The Fund will reopen as a result of the expanded foreign content limit which provides additional investment opportunities previously unavailable. The Canadian equity market, which has become increasingly concentrated in the financials and resources sectors, represents less than 4% of the world's markets.
The proposed foreign content limits are summarized in the table below.
Trimark Advantage Bond Fund up to 49%
Trimark Canadian Endeavour Fund up to 49%
AIM Canadian First Class up to 49%
AIM Canadian Premier Fund
AIM Canadian Premier Class up to 49%
AIM Canadian Equity Growth Private Pool
Trimark Canadian Small Companies Fund up to 49%
Trimark Canadian Resources Fund up to 49%
AIM Trimark Core Canadian Equity Class up to 49%
Trimark Canadian Fund Typically will not exceed 40%,
but can go up to 49%
Trimark Select Canadian Growth Fund Typically will not exceed 30%,
Trimark Canadian Equity Growth but can go up to 49%
Private Pool
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Barry
Mr. Do It All
Feb 8, 2007, 7:18 PM
Post #1 of 1
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