AIM Trimark today announced that it will be increasing 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.

“AIM Trimark has extensive, proven experience investing in foreign markets,” said Patrick Farmer, AIM Trimark’s chief investment officer and head of North American retail investments for Amvescap, in a news release. “We are giving investors the opportunity for greater risk-adjusted returns by investing in foreign companies.”

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, 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. 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 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, up to 49%;
  • AIM Canadian Premier Class, up to 49%;
  • AIM Canadian Equity Growth Private Pool, up to 49%;
  • 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%, but can go up to 49%; and
  • Trimark Canadian Equity Growth Private Pool, Typically will not exceed 30%, but can go up to 49%.



Advisors wishing to learn more about these changes and other updates from AIM Trimark are encouraged to join Patrick Farmer at 14:00 ET today for a live webcast. Please visit advisor.aimtrimark.com for further details.