AIM Announces Reorganizations of Four Funds.Business Editors HOUSTON--(BUSINESS WIRE)--Feb. 13, 2003 A I M Advisors, Inc., the investment advisory subsidiary of A I M Management Group Inc. (AIM), has announced that the Boards of Directors/Trustees have approved the following reorganizations: -- AIM High Yield II Fund into AIM High Yield Fund -- AIM Global Income Fund into AIM Income Fund -- AIM Strategic Income Fund into AIM Income Fund -- AIM New Technology Fund into AIM Global Science and Technology Fund A shareholder meeting is scheduled for June June: see month. 4, 2003, at which shareholders of the target funds will vote on their respective reorganizations. If approved by shareholders, the reorganizations are expected to be completed on June 23, 2003. About AIM Investments Houston-based AIM Investments 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 $124 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 approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 9 million shareholders as of Dec. 31, 2002. For more information, visit www.aiminvestments.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 $333 billion in assets under management as of Dec. 31, 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 A document, notice, circular, advertisement, letter, or communication in written form or by radio or television that offers any security for sale, or confirms the sale of any security. (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: www.aimfunds.com. A I M Distributors, Inc., Distributor. |
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