Clarica plans to launch six new no-load mutual funds, effective Jan. 02, 2002, and has added AIM Funds Management Inc to its growing list of portfolio advisors.

The new funds are subject to regulatory approval.

AIM will manage five of the new funds: Clarica Balanced Fund, Clarica High Yield Bond Fund, Clarica Canadian Large Cap Value Fund, Clarica Global Science & Technology Fund and Clarica Global Large Cap Value Fund.

Perigee Investment Counsel will manage the sixth fund, Clarica Conservative Balanced Fund. The addition of AIM brings to 11 the number of portfolio advisors to Clarica mutual funds

Barry Triller, executive vice president, Canadian Customers, said “Clarica conducts a regular review of its mutual fund offerings to ensure that we meet the demands of our customers for choice, both in terms of the type of investment solutions but also in the provider of those services. In expanding our mutual fund line-up to 42 funds and adding AIM to our list of portfolio advisors, we believe that Clarica offers the choice that customers need in order to achieve their financial goals.”