AIM Investments(R) Announces Name Changes of 2 Funds.HOUSTON -- AIM Investments announced today that the Boards of Trustees of the applicable funds have approved the following name changes, effective Feb. 28, 2007: * AIM International Bond Fund to AIM International Total Return Fund * AIM Enhanced Short Bond Fund to AIM LIBOR LIBOR See: London Interbank Offered Rate LIBOR See London interbank offered rate (LIBOR). Alpha Fund Both name changes better reflect the funds' investment focus of outperforming their benchmarks - the Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Global Aggregate ex-U.S. Index (unhedged) for the AIM International Bond Fund and the three-month U.S. dollar LIBOR for the AIM Enhanced Short Bond Fund - through an analysis of a variety of alpha sources (specific factors affecting the return on investments relative to the benchmark), including, among others, high-yield and emerging-market risk, country risk and currency risk. Important Information about Investing in AIM International Bond Fund and AIM Enhanced Short Bond Fund Foreign securities have additional risks, including exchange rate changes, political and economic developments, the relative lack of information about these companies and the potential lack of strict financial and accounting controls and standards. The funds may use enhanced investment techniques such as leverage and derivatives. Leveraging entails special risks such as magnifying changes in the value of the portfolio's securities. Derivatives are subject to counterparty risk Counterparty Risk The risk to each party of a contract that the counterparty will not live up to their contractual obligations. Notes: In most financial contracts, counterparty risk is known as default risk. - the risk that the other party will not complete the transaction with the fund. The prices of securities in the funds may decline in response to market risks, changes in interest rates, effective maturities and credit ratings of those securities. The funds may invest in asset-backed or mortgage-backed securities Mortgage-backed securities (MSBs) Securities backed by a pool of mortgage loans. which may lose value if they are called or prepaid. Investing in higher-yielding, lower-rated corporate bonds (commonly known as "junk bonds junk bond, a bond that involves greater than usual risk as an investment and pays a relatively high rate of interest, typically issued by a company lacking an established earnings history or having a questionable credit history. ") has a greater risk of price fluctuation and loss of principal and income than government securities, such as Treasury bills, notes and bonds. Treasuries are guaranteed by the government for repayment of principal and interest if held to maturity. Fund shares are not insured, and their value and yield will vary with market conditions. Investors should carefully assess the risk associated with investing in these funds. The funds may buy or sell currencies other than the U.S. dollar and use derivatives involving foreign currencies in order to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. anticipated changes in exchange rates. About AIM Investments AIM Investments is dedicated to building solutions for its clients with exceptional products and services through multiple investment management styles and a broad range of investment portfolios - mutual funds, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. , annuities, cash management, college savings plans and offshore products. For more information, visit www.aiminvestments.com. AIM Investments had approximately $149 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. as of Nov. 30, 2006. AIM Investments is a service mark of A I M Management Group Inc. A I M Advisors, Inc., A I M Capital Management, Inc., and AIM Private Asset Management, Inc. are the investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and for the products and services represented by AIM Investments. A I M Distributors, Inc. is the distributor for the retail mutual funds and Fund Management Company is the distributor for the institutional money market funds represented by AIM Investments. About AMVESCAP A I M Management Group Inc. is a subsidiary of AMVESCAP PLC, a leading independent global investment manager, dedicated to helping people worldwide build their financial security. Operating under the AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to deliver outstanding products and services through a comprehensive array of retail and institutional products for clients around the world. The Company, which had approximately $458 billion in assets under management as of Nov. 30, 2006, is listed on the London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Toronto stock exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. with the symbol "AVZ." Additional information is available at www.amvescap.com. Note to editors -- We are required to include the following information with our news release: Consider the investment objectives, risks, and charges and expenses carefully before investing. For this and other important information about any AIM fund, please obtain a prospectus from your financial advisor and read it carefully before investing. AIM International Bond Fund is subadvised by INVESCO Asset Management Limited and distributed by A I M Distributors, Inc. AIM Enhanced Short Bond Fund is subadvised by INVESCO Institutional (N.A.), Inc. and distributed by A I M Distributors, Inc. The Lehman Brothers Global Aggregate ex-U.S. Index is an unmanaged index considered representative of bonds of foreign countries. The London Interbank Offered Rate London Interbank Offered Rate A short-term interest rate often quoted as a 1,3,6-month rate for U.S.dollars. (LIBOR) is the interest rate the world's most creditworthy cred·it·wor·thy adj. Having an acceptable credit rating. cred  it·wor banks charge one another for large loans and is used as a base interest rate for loans made to major corporations. A I M Distributors, Inc. |
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