AIC launches new funds
Telecommunications, health care focus of new offerings
- By: IE Staff
- September 11, 2000 September 11, 2000
- 14:46
Telecommunications, health care focus of new offerings
FRC says high costs have firms seeking alternatives
Promises new funds, new distribution channels
Merrill analyst prefers AGF, Cundill funds
Administration transferred from C.I.
Study says mid-size firms lack capital, focus
Deal gives Sceptre wider variety of global investment products
Unitholder meeting to approve merger set for October
Costs savings expected to help bottom line
Net assets transferred to AIC Funds
Purchases Global Strategy Holdings for $438 million
New subsidiary to operate in Toronto, Montreal<br>
Integration scheduled for October 10
Four funds account for 59% of year-to-date-sales
Name changes, mergers and revised investment objectives
Will manage funds to be launched later this year
Reclassifies non-voting shares into common shares
Barth, Brown leave to pursue other interests
Signs on as growth manager for two funds
Focusing on equities
Unveils three more
Six-month earnings up $4.4 million
Shares to be posted for trading on August 25
Commissions range between 3% and 6%
Summer newsletter outlines recent activities