AIM Announces New Share Classes For AIM Large Cap Growth Fund.HOUSTON--(BUSINESS WIRE)--April 6, 1999--A I M Advisors, Inc. announced today the introduction of Class B and C shares for AIM Large Cap Growth Fund. AIM is a subsidiary of independent global investment manager AMVESCAP PLC (NYSE NYSE See: New York Stock Exchange :AVZ). The Fund commenced the offering of Class A shares to the general public on March 1, 1999. With the addition of new share classes, AIM shareholders will now have the ability to exchange Class B and C shares of other AIM Funds with AIM Large Cap Growth Fund. This gives investors greater flexibility and investment opportunity. AIM Large Cap Growth Fund, which seeks long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. growth of capital by investing large-capitalization securities, is managed by several members of AIM's large cap team, including Jonathan Schoolar, Monika Degan, Rob Shoss and Geoff Keeling keeling the marking of ewes by the ram when they are mated by the marking on the ewe of paint or chalk from the sternum of the ram. . The Fund invests primarily in domestic "brand-name" companies that are domiciled dom·i·cile n. 1. A residence; a home. 2. One's legal residence. v. dom·i·ciled, dom·i·cil·ing, dom·i·ciles v.tr. 1. in the U.S. and compete in the global marketplace. By investing in companies whose products and services are marketed around the world, the Fund attempts to capture potential growth in foreign markets, while benefiting from the growth opportunities and relative stability of the U.S. marketplace. AIM was founded in 1976 and ranks as the nation's 10th-largest mutual fund complex with approximately $109 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and 6.2 million shareholders as of Dec. 31, 1998. AIM is a subsidiary of AMVESCAP PLC (NYSE:AVZ), one of the world's largest independent investment services companies with $275 billion in assets under management as of Dec. 31, 1998. Note to editors -- We are required to include the following information with our news release: For more complete information about any AIM Fund, including sales charges Sales Charge A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select and expenses, please obtain the appropriate prospectus(es) from your financial consultant or by calling 800/347-4246. A I M Distributors, Inc., Distributor. |
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