Media Room

Press Releases - 2002

December 17, 2002
AIC Announces Completion of Fund Mergers
Burlington (Ontario) - AIC Limited today announced that after the close of business on December 13, 2002 the net assets of "Terminating Funds" were transferred into Continuing Funds in exchange for securities of the corresponding Continuing Fund. Read more...

December 17, 2002
AIC Diversified Canada Split Corp.
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 December 31, 2002 to preferred shareholders of record as of December 30, 2002. Read more...

October 9, 2002
Strategic business studies institute opens in McMaster's new AIC wing
Hamilton (Ontario) - McMaster University is pleased to announce the official grand opening of the AIC Institute of Strategic Business Studies at the Michael G. DeGroote School of Business. Read more...

October 8, 2002
AIC Announces Fund Mergers
Burlington (Ontario) - AIC Limited today announced plans to merge AIC Global Advantage Fund into AIC World Advantage Fund on or before December 20, 2002, subject to investor and regulatory approval. Read more...

October 7, 2002
AIC Announces Technology Fund Consolidation
Burlington (Ontario) - AIC Limited today announced plans to consolidate its five technology-based equity funds into one fund, on or before December 20, 2002, subject to investor and regulatory approval. Read more...

September 3, 2002
Portfolio Manager James Cole to lead AIC Canadian Balanced Fund
Burlington (Ontario) - Mr. Michael Lee-Chin, Chairman and CEO of AIC Limited announced today that James Cole, Senior Vice-President and Portfolio Manager of AIC, has been appointed lead manager of AIC Canadian Balanced Fund. Read more...

August 20, 2002
AIC Diversified Canada Split Corp.
Burlington (Ontario) - AIC Diversified Canada Split Corp. announced today that 14,900 Capital Shares and 14,900 Preferred Shares, representing 1.21% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on August 16, 2002 for concurrent retraction under the regular monthly retraction privilege. Read more...

August 15, 2002
AIC Names New Chief Investment Officer
Burlington (Ontario) - Michael Lee-Chin, Chairman and Chief Executive Officer of AIC Limited, today announced the appointment of Jonathan Wellum to Chief Investment Officer, effective immediately. Read more...

August 2, 2002
AIC Deserves High Marks, Says Morningstar
Burlington (Ontario) - A recent study conducted by Morningstar Canada, the leading investment fund research firm in Canada, validates the tax efficiency of AIC Funds and concludes that "AIC deserves high marks - for both creativity and effectiveness". Read more...

June 18, 2002
AIC Diversified Canada Split Corp.
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 28, 2002 to preferred shareholders of record as of June 27, 2002. Read more...

May 3, 2002
AIC Diversified Canada Split Corp.
Burlington (Ontario) - AIC Diversified Canada Split Corp. announced today that 19,200 Capital Shares and 19,200 Preferred Shares, representing 1.52% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on May 16, 2002 for concurrent retraction under the regular monthly retraction privilege. Read more...

April 29, 2002
AIC Launches New Total Yield Corporate Class Fund
Burlington (Ontario) - AIC Limited today introduced a new fund that offers investors the return and stability of a bond fund together with the opportunity to achieve tax savings. Read more...

April 24, 2002
AIC Announces Acquisition of Elijah Asset Management, LLC
Burlington (Ontario) - AIC Limited ("AIC") today announced that is has entered into an agreement to acquire through a wholly owned subsidiary 75 percent of San Francisco based Elijah Asset Management, LLC ("EAM") and its affiliated company, EAM Partners, LLC, subject to regulatory and other approvals and notices. Read more...

April 18, 2002
AIC Diversified Canada Split Corp.
Burlington (Ontario) - AIC Diversified Canada Split Corp. announced today that 1,400 Capital Shares, representing .11% of the issued and outstanding Capital Shares were surrendered on April 16, 2002 for retraction under the regular monthly retraction privilege. Read more...

April 1, 2002
AIC Announces Acquisition of Majority Interest in Georgian Capital Partners Inc.
Burlington (Ontario) - AIC Limited today announced it has entered into arrangements to increase its ownership from 20 per cent to a total of 75 per cent of Mississauga-based Georgian Capital Partners Inc. Read more...

March 18, 2002
AIC Diversified Canada Split Corp.
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 March 28, 2002 to preferred shareholders of record as of March 27, 2002. Read more...

January 21, 2002
AIC Diversified Canada Split Corp.
Burlington (Ontario) - AIC Diversified Canada Split Corp. announced today that 200 Capital Shares and 200 Preferred Shares, representing .02% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on January 17, 2002 for concurrent retraction under the regular monthly retraction privilege. Read more...

Media Contact:

Terri Oswald
Director, Media Relations
AIC Limited, Burlington ON
(905) 331-4242, ext. 4345
1-888-710-4242, ext. 4345
toswald@aic.com


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