Media Room

Press Releases - 2005

December 8, 2005
Copernican Capital Corp. Commences Operation
Burlington, Ontario – As co-founders, Jonathan Wellum, Christopher Lowe, Vicki Ringelberg, John Miller and AIC are pleased to announce the formation of Copernican Capital Corp. Read more...

October 11, 2005
AIC adds to Portfolio Management Team
Burlington, Ontario – AIC is pleased to announce the appointment of Pat Naccarato as portfolio manager, subject to regulatory approval. Read more...

October 5, 2005
Michael Lee-Chin to receive 2005 Philanthropy Award
Toronto - There may not seem to be much in common between business leaders, companies and a group of Toronto grade five students. But when it comes to philanthropy, those who make a difference come from every walk of life. Read more...

September 12, 2005
AIC eliminates performance fee for AIC American Focused Plus Fund
Burlington, Ontario – AIC Limited is pleased to announce that effective immediately it will eliminate its performance fee in respect of AIC American Focused Plus Fund. Read more...

August 19, 2005
International Financial Income and Growth Trust – August 2005 Distribution
Burlington, Ontario – International Financial Income and Growth Trust (FIT.UN - TSX) today announced that a monthly cash distribution in the amount of $0.06397 per Unit of the Trust will be paid on September 15, 2005 to Unitholders of record as of August 31, 2005. Read more...

August 19, 2005
AIC Global Financial Split Corp – August 2005 Distribution
Burlington, Ontario – AIC Global Financial Split Corp. (ASC - TSX) today announced that a monthly cash distribution in the amount of $0.10 per Class A share (“Class A”) of the Corporation will be paid on September 13, 2005 to Class A shareholders of record as of August 31, 2005. Read more...

August 19, 2005
Global Banks Premium Income Trust – August 2005 Distribution
Burlington, Ontario – Global Banks Premium Income Trust (GBP.UN - TSX) today announced that a monthly cash distribution in the amount of $0.05833 per Unit of the Trust will be paid on September 15, 2005 to Unitholders of record as of August 31, 2005. Read more...

August 19, 2005
AIC Diversified Canada Split Corp – August 2005 Retraction
Burlington, Ontario – AIC Diversified Canada Split Corp. (ADC/ADC.PR.A – TSX) announced today that 11,600 Capital Shares and 11,600 Preferred Shares, representing 1.27% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on August 17, 2005 for concurrent retraction under the regular monthly retraction privilege. Read more...

August 15, 2005
International Financial Income and Growth Trust raises total gross proceeds of $27.85-million after over-allotment option of $2.85-million
BURLINGTON, ONT. - AIC Limited is pleased to announce that International Financial Income and Growth Trust (the "Trust") has issued an additional 285,000 units of the Trust ("Units") for gross proceeds of $2,850,000 pursuant to the exercise by the agents of their over-allotment option. Read more...

August 11, 2005
AIC Limited expands relationship with ADP to deliver personalized communications to investors
BURLINGTON, ONT. - ADP Investor Communications, a subsidiary of Automatic Data Processing, Inc. (NYSE: ADP), announced today that AIC Limited (AIC) has agreed to cover the cost of printing AIC prospectuses through ADP's Smart Prospectus® service. In addition AIC will provide customized annual reports to its investors through ADP's Smart FinancialsSM solution. Read more...

July 29, 2005
International Financial Income and Growth Trust announces closing of $25,000,000 million initial public offering of trust units
BURLINGTON, ONT. - (TSX-FIT.UN) AIC Limited is pleased to announce that International Financial Income and Growth Trust has completed its initial public offering of 2,500,000 units of the Trust at a price of $10.00 per Unit for gross proceeds of $25,000,000. The Trust has granted the agents an over-allotment option to acquire up to 375,000 Units, which is exercisable at any time during the next 30 days. Read more...

July 19, 2005
AIC Diversified Canada Split Corp. – Retraction, July 2005
BURLINGTON, ONT. - AIC Diversified Canada Split Corp. today announced that 5,600 Capital Shares and 5,600 Preferred Shares, representing 0.60% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on July 15, 2005 for concurrent retraction under the regular monthly retraction privilege. Read more...

July 19, 2005
Global Banks Premium Income Trust – July 2005 Distribution
BURLINGTON, ONT. - Global Banks Premium Income Trust today announced that a monthly cash distribution in the amount of $0.05833 per Unit of the Trust will be paid on August 15, 2005 to Unitholders of record as of July 29, 2005. Read more...

July 19, 2005
AIC Global Financial Split Corp – July 2005 Distribution
BURLINGTON, ONT. - AIC Global Financial Split Corp. today announced that a monthly cash distribution in the amount of $0.10 per Class A share of the Corporation will be paid on August 11, 2005 to Class A shareholders of record as of July 29, 2005. Read more...

July 18, 2005
International Financial Income and Growth Trust files final prospectus for an offering of up to $80 million
BURLINGTON, ONT. - AIC Limited is pleased to announce that International Financial Income and Growth Trust has filed a final prospectus dated July 15, 2005 in each of the provinces and territories of Canada for the initial public offering of up to a maximum of 8,000,000 units. Read more...

June 30, 2005
AIC to wind-up its RSP Funds on July 22, 2005
BURLINGTON, ONT. - AIC Limited today announced that as a result of the passage of the legislation ending foreign content restrictions it will be winding-up its RSP Funds on July 22, 2005. Read more...

June 20, 2005
Global Banks Premium Income Trust – June 2005 Distribution
BURLINGTON, ONT. - (TSX-GBP.UN) Global Banks Premium Income Trust today announced that a monthly cash distribution in the amount of $0.05833 per Unit of the Trust will be paid on July 15, 2005 to Unitholders of record as of June 30, 2005. Read more...

June 20, 2005
AIC Global Financial Split Corp – June 2005 Class A and Preferred Share Distribution
BURLINGTON, ONT. - (TSX-ASC/ASC.PR.A) AIC Global Financial Split Corp. today announced that a monthly cash distribution in the amount of $0.10 per Class A share and a quarterly cash distribution in the amount of $0.13125 per Preferred share of the Corporation will be paid on July 13, 2005 to Class A and Preferred shareholders of record as of June 30, 2005. Read more...

June 20, 2005
AIC Diversified Canada Split Corp – Distribution and Retraction, June 2005
BURLINGTON, ONT. - (ADC/ADC.PR.A – TSX) 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, 2005 to preferred shareholders of record as of June 29, 2005. Read more...

June 3, 2005
Michael Lee-Chin Honoured at the Harlem Renaissance Day of Commitment
New York, NY - Abyssinian Development Corporation (ADC), the innovative not-for-profit organization dedicated to renewing and reclaiming the spirit of community in one of New York City’s oldest and storied neighborhoods, announces its eleventh annual Harlem Renaissance Day of Commitment on June 7, 2005. Read more...

May 27, 2005
International Financial Income and Growth Trust Files Preliminary Prospectus
BURLINGTON, ONTARIO - AIC Limited is pleased to announce that International Financial Income and Growth Trust has filed a preliminary prospectus dated May 26, 2005 for the initial public offering of units of the Trust at a price of $10.00 per Unit. Read more...

April 21, 2005
AIC Announces New Fund - AIC Global Focused Corporate Class
BURLINGTON, ONTARIO - AIC Limited is pleased to announce the newest Fund in the AIC lineup, AIC Global Focused Corporate Class. We are also pleased to introduce the New York-based investment firm of Third Avenue Management LLC as the Fund's sub-advisor. Read more...

March 31, 2005
AIC announces portfolio management changes to AIC Value Fund and AIC American Balanced Fund
BURLINGTON, ONTARIO - AIC Limited today announced portfolio management changes to two of its funds: AIC Value Fund and AIC American Balanced Fund. Read more...

March 28, 2005
AIC announces changes to portfolio management team
BURLINGTON, ONTARIO - AIC Limited today announced that James Cole has been appointed lead portfolio manager of AIC American Focused Fund, AIC American Focused Corporate Class and AIC American Focused Plus Fund. Both funds were previously managed by Larry Sarbit, former Executive Vice President and Portfolio Manager, who will be leaving AIC to pursue other opportunities. Read more...

March 23, 2005
Foreign content and rebalancing options for AIC Investors
BURLINGTON, ONTARIO - At AIC, we’ve been carefully reviewing this proposed change to the Foreign Property Rule (FPR) to determine the impact on AIC investors. If you are an AIC investor, it could affect you in one of two ways. Read more...

March 7, 2005
Global Banks Premium Income Trust raises total gross proceeds of $51.6-million after over-allotment option of $4.1-million
BURLINGTON, ONTARIO - AIC Limited is pleased to announce that Global Banks Premium Income Trust has issued an additional 410,000 units of the Trust for gross proceeds of $4,100,000 pursuant to the exercise by the agents of their over-allotment option. Read more...

Feb. 18, 2005
Global Banks Premium Income Trust announces closing of $47.5 million initial public offering of Trust units
BURLINGTON, ONTARIO - AIC Limited is pleased to announce that Global Banks Premium Income Trust has completed its initial public offering of 4,750,000 units of the Trust at a price of $10.00 per Unit for gross proceeds of $47,500,000. Read more...

Jan. 11, 2005
AIC Limited streamlines the AIC Portfolio Group of Funds
BURLINGTON, ONTARIO - AIC Limited, as Trustee and Manager, today announced that it will be streamlining its Portfolio Fund offering by reducing the number of Portfolio Funds from six to four. 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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