AIM Funds Management Inc. today announced it has received investor approval for changes in its mutual fund lineup.

Approval was granted at AIM’s annual and special meeting of shareholders and unitholders held at the Royal Ontario Museum on June 25.

“We’re extremely pleased by the strong support we received from investors,” says Philip Taylor, president and CEO at AIM.

With approvals in place, AIM can now proceed to merge eight funds and change the investment objectives of three others.

These changes, which are expected to be implemented by mid-summer, include:

  • AIM Canadian Bond Fund to merge with and continue as Trimark Canadian Bond Fund;
  • AIM Global Growth & Income Fund to merge with and continue as Trimark Global Balanced Fund;
  • AIM RSP Global Growth & Income Fund to merge with and continue as Trimark RSP Global Balanced Fund;
  • AIM Global Blue Chip Fund to merge with and continue as Trimark Select Growth Fund;
  • Trimark RSP Fund to merge with and continue as Trimark RSP Select Growth Fund;
  • AIM Global Bond Fund to merge with and adopt the investment objectives of Trimark Canadian Bond Fund;
  • AIM Indo-Pacific Class to merge with and adopt the investment objectives of Trimark Select Growth Class;
  • AIM Latin America Growth Class to merge with and adopt the investment objectives of Trimark Select Growth Class;
  • AIM Short-Term Income Class to adopt new investment objectives and strategies and be renamed AIM Capital Yield Class;
  • Trimark Americas Fund to adopt new investment objectives and strategies, and be renamed Trimark Global Endeavour Fund; and
  • Trimark RSP Americas Fund to adopt new investment objectives and strategies, and be renamed Trimark RSP Global Endeavour Fund.

“The changes will strengthen an already powerful suite of investment solutions and serve the needs of investors for years to come,” says Taylor.