AIC Limited

AIC Limited

November 11, 2008 15:56 ET

AIC Limited: Partial Distributions on Merging Funds

BURLINGTON, ONTARIO--(Marketwire - Nov. 11, 2008) - AIC Limited today announced that after further review and analysis, certain AIC mutual funds will not pay partial distributions in connection with previously announced mergers.

On November 28, 2008, the following mergers may occur:



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Value Leaders Portfolios
AIC Portfolio Funds (the "Terminating Funds") (the "Continuing Funds")
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AIC Diversified Income Portfolio Fund Value Leaders Income Portfolio
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Value Leaders
AIC Balanced Income Portfolio Fund Balanced Income Portfolio
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Value Leaders
AIC Balanced Growth Portfolio Fund Balanced Growth Portfolio
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AIC Core Growth Portfolio Fund Value Leaders Growth Portfolio
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Value Leaders
AIC PPC Balanced Income Portfolio Pool Balanced Income Portfolio
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Value Leaders
AIC PPC Balanced Growth Portfolio Pool Balanced Growth Portfolio
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AIC PPC Core Growth Portfolio Pool Value Leaders Growth Portfolio
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In order to facilitate the mergers of the Terminating Funds into the Continuing Funds, the Terminating Funds will be liquidating some of their positions in the underlying funds they hold. After further review and analysis, it was determined that none of the underlying funds will pay a partial distribution prior to the mergers.

AIC commenced operations in 1985 and has grown to become one of Canada's largest privately-held mutual fund companies with assets under management of approximately $4.1 billion.

Contact Information

  • AIC Limited
    Client Services Department
    1-800-263-2144
    or
    AIC Limited
    Terri Oswald
    Director, Media Relations
    (905) 331-4242, ext. 4345 or 1-888-710-4242, ext. 4345
    Email: toswald@aic.com
    Website: www.aic.com