AIM Announces Stock Dividend for AIM Value Fund.Business Editors HOUSTON--(BUSINESS WIRE)--Oct. 12, 2000 A I M Advisors Inc. (AIM), a subsidiary of A I M Management Group Inc., has announced a 200 percent stock dividend for AIM Value Fund. The dividend will be payable on Nov. 10, 2000, to the fund's shareholders of record as of the opening of business that day. AIM is an indirect subsidiary of AMVESCAP PLC (NYSE NYSE See: New York Stock Exchange :AVZ), one of the world's largest independent investment managers. Shareholders of AIM Value Fund will receive two additional fund shares for every one share owned on Nov. 10. The distribution of additional shares will result in a decrease of AIM Value Fund's net asset value, also effective Nov. 10. This stock dividend will not affect shareholders' account values and will not result in any tax liability. AIM was founded in 1976 and ranks as the nation's eighth-largest mutual fund complex, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. independent mutual fund monitor Strategic Insight, with approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $176 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 8 million shareholders as of June June: see month. 30, 2000. AMVESCAP PLC had $389 billion in assets under management as of June 30, 2000. 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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