Latest Additions to the Media Room
September 23, 2009: Voting results of special Meetings of securityholders
View results for Trust and Corporate Class Funds»
View results for Closed-end Funds»
The fate of Buy, Hold and Prosper, globeandmail.com, August 13, 2009
After purchasing AIC, Manulife must decide if it wants continue to back the value investing brand or dump a catch-phrase tarnished by years of client redemptions. Read article»
August 12, 2009: AIC announces sub-advisory arrangement with Manulife - Burlington, Ontario - AIC Limited today announced that it will continue to sub-advise a number of its flagship equity funds, following regulatory and security holder approval of its agreement with Manulife in which Manulife will acquire AIC’s Canadian retail investment fund business. Read more »
Cash still king for some, globeandmail.com, August 11, 2009
James cole, Senior VP and Portfolio Manager of AIC Canadian Focused Fund and AIC Dividend Income Fund is biding his time in the hopes of getting better bargains. Read article»
Risk aversion is so passe, nationalpost.com, August 8, 2009
Financial advisor puts clients into AIC Advantage Fund by targeting financials with wealth management at the core.
Read article»
Rally in financials helps funds outperform, globeandmail, August 8, 2009
AIC Dividend Income Fund ranks among the top Canadian dividend and income equity funds year-to-date. (Globe and Mail, print edition: page B13; section – Report On Business)
AIC fund manager loves big global banks, globeandmail.com, August 5, 2009
AIC Global Advantage Fund managers Chris Lowe, Executive VP and Portfolio Manager and Greg Placidi, Senior VP and Portfolio Manager, discuss why they are growing more bullish on giant banks and insurers. Read article»
Adani Power share sale draws Credit Suisse, T. Rowe, bloomberg.com, July 28, 2009
AIC Advantage Fund was one of six anchor investors that took positions in India’s Adani Power IPO. Read article»
My, what a difference five months can make, globeandmail.com, July 27, 2009
The Canadian financial sector, which was “hit the hardest” among the sub-indexes in the S&P/TSX Composite in 2008, has been the biggest gainer this year. Read article»
Money market funds to trim fees, globeandmail.com, July 14, 2009
AIC Money Market Fund leads the list of the top 25 top performing money market funds in Canada over one-year. AIC has waived a portion of the fund’s management fee resulting in a reduction to 0.75% from 1%. Read article»
Market Call Tonight bnn.ca, July 10, 2009
Randy LeClair, Senior VP and Portfolio Manager, AIC Bond Fund , gives his views on the bond market and takes investor’s questions. Watch interview – Part 1 and Part 2
July 2, 2009: AIC LIMITED ANNOUNCES THE COMPLETION OF THE REDEMPTION OF THE AIC DIVERSIFIED CANADA SPLIT CORP. - Burlington, Ontario - AIC Limited is pleased to announce the completion of the redemption of the AIC Diversified Canada Split Corp (“the Company”). As part of the redemption, shareholders received either cash in exchange for their shares in the Company, or mutual fund units of the AIC Diversified Canada Fund (“Fund Units”), an open-end mutual fund. Read more »
Trading Day bnn.ca, June 23, 2009
Ian Lapey, Portfolio Manager, Third Avenue Management and sub-advisor to AIC Global Focused Fund, says he is still seeing attractively valued stocks and discusses a few holdings. Watch interview»
June 22, 2009: AIC Limited & Transamerica Life Canada Announce Completion of Fund Consolidations - Burlington, Ontario - AIC Limited and Transamerica Life Canada today announced the completion of the previously publicized segregated fund consolidations as outlined below. The AIC segregated funds’ contracts are issued by Transamerica Life Canada and are managed by AIC. Read more »
June 18, 2009: AIC Diversified Canada Split Corp. – Distribution, June 2009 – Burlington, Ontario – AIC Diversified Canada Split Corp. today announced that a quarterly cash distribution in the amount of $0.375 per Preferred Share of the Corporation will be paid on June 30, 2009 to Preferred shareholders of record as of June 29, 2009. Read more »
June 18, 2009: AIC Global Financial Split Corp. – Distribution, June 2009 – Burlington, Ontario – AIC Global Financial Split Corp. (TSX: ASC/ASC.PR.A) (the “Corporation”) today announced that a quarterly cash distribution in the amount of $0.13125 per Preferred Share of the Corporation will be paid on July 13, 2009 to Preferred shareholders of record as of June 30, 2009. Read more »
Focus on low-cost natural-gas producers with strong balance sheets, nationalpost.com, June 5, 2009
James Cole, Senior Vice President and Portfolio Manager of AIC Canadian Focused Fund, remains bearish on gas producers. Read article»
Oil stocks look too expensive in short term, nationalpost.com, June 2, 2009
Higher oil prices are needed to justify investment by the marginal producer, says James Cole, Senior Vice President and Portfolio Manager of AIC Canadian Focused Fund. “You need US$100 [oil prices] for an integrated project to go ahead and make an economic rate of return in the oil sands." Read article»
