On The Shelf: AIM Trimark reopens bond fund

By Staff | February 20, 2008 | Last updated on February 20, 2008
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(February 20, 2008) AIM Trimark Investments has announced the reopening of its Trimark Advantage Bond Fund, which has been closed to new investors since May 2003.

The fund, which has just over $600 million in assets, is managed by Rex Chong, Anthony Imbesi, Alfred Samson and analyst Gary Lew. The fund invests primarily in Canadian high-yield fixed-income securities.

In a press release, AIM Trimark explained that recent sell-offs in the fixed-income market have slashed valuations, presenting new opportunities for the team to deploy fresh capital. The fund has also raised its foreign property limit from 30% to 49%, which further expanded the available investment universe.


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The staff of Advisor.ca have been covering news for financial advisors since 1998.