AIC Global Premium Dividend Income Fund has merged into AIC Global Diversified Fund. The continuing fund was then subsequently renamed AIC Global Premium Dividend Income Fund.

AIC World Equity Corporate Class was merged into AIC Global Diversified Corporate Class, the continuing fund was subsequently renamed AIC Global Premium Dividend Income Corporate Class.

AIC received a positive recommendation from the Independent Review Committee for the mergers of the terminating and continuing funds on March 3. Regulatory approval was received on May 21, and securityholder approval was received on May 15.

Investors in the terminating funds have become investors in the corresponding continuing funds as a result of the mergers.

For the Corporate Class merger, under a dollar-for-dollar exchange formula, the dollar value of the investors’ investments in the terminating funds were transferred to the respective class of the continuing funds.

For the merger of AIC Global Premium Dividend Income Fund to AIC Global Diversified Fund, unitholders exchanged their mutual fund units for class T6 units.