AIC Limited

This article has multiple issues. Please help or discuss these issues on the talk page. (Learn how and when to remove these template messages) The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted. Find sources:  –  ·  ·  · scholar · JSTOR (February 2020) (Learn how and when to remove this template message) This article needs additional citations for verification. Please help by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources:  –  ·  ·  · scholar · JSTOR (December 2019) (Learn how and when to remove this template message) (Learn how and when to remove this template message)

AIC Limited was a Canadian mutual fund company which commenced operations in 1985, as Total Finance.^[1] AIC was purchased in 1987, by Michael Lee-Chin, Chairman. In May 2008, the company's total assets under management was just over $5.6 billion IFIC numbers. In October 2006, Jonathan Wellum was appointed Chief Executive Officer. AIC was acquired by Manulife in 2009.^[2]

AIC specialized in the financial services sector and is a strong believer in the use of leverage, they coined the term "upvest" to try to remove some of the stigma associated with the term leverage.

The firms motto was "Buy, Hold and Prosper", and reflects a belief in purchasing value stocks and holding them for the long term.

AIC also had a series of closed-end funds under the Copernican Capital banner.

See also[]

• List of mutual fund companies in Canada

References[]

External links[]

• Official site
• Official upvest site
• Closed ended funds site
• Lee Chin to focus on developing AIC as international company - October 8, 2006 (Jamaica Gleaner Newspaper)

This article about a Canadian corporation or company is a stub. You can help Wikipedia by .

• v
• t

This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by .

• v
• t