AIM Funds Management recently incorporate two new funds. Trimark U.S. Companies Class and Trimark Select Growth Class will both be available through AIM Global Fund Inc., a mutual fund corporation
The funds within the mutual fund corporations are designed to offer the benefit of tax deferral for investments that are held outside RRSPs or other registered plans. Assets can be switched from one fund to another, without triggering a taxable disposition.
The two new funds share the same investment objectives, portfolio management, investment philosophy and other characteristics as the mutual fund trusts, Trimark U.S. Companies Fund and Trimark Select Growth Fund respectively.
“This is a fantastic way for investors to diversify their non-registered investments,” said Patrick Farmer, chief investment officer and senior vice president, AIM Funds Management Inc.
“We’re proud to offer Trimark Select Growth Class within AIM Global Fund Inc., as the trust fund has a tremendous history of providing wealth and value to the portfolios of Canadian investors, and like Trimark U.S. Companies Class, it will be well-positioned for future growth.”