AIM Funds Management had committed to leave the AIM and Trimark mutual fund lineup intact until after the 2002 RRSP season — now that RRSP season is over, it is planning changes.

The firm says that its analysis of its mutual fund lineup has uncovered some opportunities for AIM to streamline its product offering. It is proposing to make changes to its mutual fund lineup by merging some funds and changing the investment objectives of others. The proposed changes are subject to investor and regulatory approval.

AIM will be asking investors to vote on June 25 on the following proposed fund changes:

  • 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; and
  • Trimark RSP Fund to merge with and continue as Trimark RSP Select Growth Fund.

It also proposes:

  • 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; and
  • AIM Latin America Growth Class to merge with and adopt the investment objectives of Trimark Select Growth Class.

And, it will see:

  • AIM Short-Term Income Class adopt new investment objectives and strategies and be renamed AIM Capital Yield Class;
  • Trimark Americas Fund to adopt new investment objectives and be renamed Trimark Global Endeavour Fund; and
  • Trimark RSP Americas Fund to adopt new investment objectives and be renamed Trimark RSP Global Endeavour Fund.

Investors will receive a proxy package in mid-May containing details of the proposed changes and a proxy to vote on the changes.