AIM Trimark Investments today announced five proposed fund mergers. The fund management firm said the mergers should enhance the strength and clarity of the AIM Trimark fund lineup.

The proposed fund mergers are subject to investor approval and, in certain cases, regulatory approval.

Investors will be asked to vote on these changes by Proxy at an annual and special meeting of shareholders and unitholders, which will take place on July 27 in Toronto.

An information package on the mergers will be mailed out in late June.

The mergers follow a similar move in 2003 when AIM Trimark merged 10 funds and amended the investment objectives of four others. While additional changes may be made in the future, the company said these changes mark the final stage of AIM Trimark’s ongoing efforts to streamline its product shelf since the company’s merger in 2000.

“The mergers should reduce the cost of investing for clients and make it easier for advisors to build and manage portfolios,” said Patrick Farmer, AIM Trimark chief investment officer and executive VP, in a release

AIM Trimark will be asking investors to vote on the following proposed fund mergers:


  • Trimark Enterprise Fund to merge with and continue as Trimark Canadian Fund
  • Trimark Enterprise Small Cap Fund to merge with and continue as Trimark Canadian Small Companies Fund
  • AIM American Aggressive Growth Fund to merge with and continue as Trimark U.S. Small Companies Class
  • AIM Global Financial Services Class to merge with and continue as AIM Global Theme Class
  • AIM RSP Global Financial Services Fund to merge with and continue as AIM RSP Global Theme Fund>

Non-continuing funds will merge with and adopt the investment objectives of continuing funds.