AIM Announces Reorganization Approval for Two Funds.Business Editors HOUSTON--(BUSINESS WIRE)--Sept. 5, 2002 A I M Advisors, Inc., the investment advisory subsidiary of A I M Management Group Inc. (AIM), announced the proposed reorganizations of AIM Global Infrastructure Fund into AIM Global Utilities Fund and AIM Euroland Euroland or Eurozone Noun the geographical area containing the countries that have joined the European single currency Euroland n → Eurolandia Growth Fund into AIM European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Growth Fund (formerly AIM European Development Fund The European Development Fund (EDF) is the main instrument for European Community aid for development cooperation in the Africa, Caribbean and Pacific (ACP) countries and the Overseas Countries and Territories (OCT). ) have been approved by shareholders of the respective funds. The reorganizations are expected to be completed on Sept. 23, 2002. Both AIM Global Infrastructure Fund and AIM Euroland Growth Fund were closed to new investors on Aug. 23, 2002. About AIM Houston-based AIM is one of the nation's leading investment management companies. It is dedicated to providing its clients with high-quality products and service through multiple investment management styles and a broad product range of retail equity, fixed-income, and money market funds, institutional portfolios, and separately managed accounts for high-income high-in·come adj. Of or relating to individuals or groups, such as families, that are supported by or earn income considered high in comparison with that of the larger population: high-income taxpayers. individuals. Founded in 1976, AIM had approximately $135 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 more than 9 million shareholders as of June 30, 2002. For more information, visit www.aimfunds.com. About AMVESCAP AIM is an indirect subsidiary of AMVESCAP PLC (NYSE NYSE See: New York Stock Exchange :AVZ), a leading independent global investment manager dedicated to helping people worldwide build their financial security through a comprehensive array of retail and institutional products for clients in more than 100 countries. AMVESCAP had $364 billion in assets under management as of June 30, 2002. Additional information is available at www.amvescap.com. 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. Please read the prospectus carefully before you invest or send money. For more information about AIM, visit our Web site: http://www.aimfunds.com. A I M Distributors, Inc., Distributor. |
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