AIM Investments Announces Additions to the Management Teams of Three Funds.Business Editors HOUSTON--(BUSINESS WIRE)--April 30, 2003 AIM Investments announced today additions to the management teams of AIM Premier Equity Fund, AIM Premier Equity II Fund and AIM Mid Cap Core Equity Fund. Effective May 1, the management team for AIM Premier Equity Fund and AIM Premier Equity II Fund will be composed of Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. A. Shelton Shelton, city (1990 pop. 35,418), Fairfield co., SW Conn., on the Housatonic River opposite Derby; settled 1697, set off from Stratford 1789, inc. as a city 1915. Metal products, furniture, and electronic equipment are among the city's manufactures. , Abel Garcia Gar·ci·a , Jerome John Known as "Jerry." 1942-1995. American musician who gained fame as the cofounder and lead guitarist of the folk-rock group the Grateful Dead (1965-1995). , Meggan W. Walsh Walsh has several meanings: Mathematics
Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. Yellen and Kellie K. Veazey. Also, David Pointer pointer, breed of large sporting dog developed in England more than 300 years ago. It stands between 23 and 26 in. (58.4–66.4 cm) high at the shoulder and weighs between 50 and 60 lb (22.7–27.2 kg). , recently promoted from senior analyst to portfolio manager, will join Ronald S. Sloan on the portfolio management team of AIM Mid Cap Core Equity Fund. Mr. Pointer has served on AIM's Mid/Large Cap Core team, which supports AIM Mid Cap Core Equity Fund, since 2000. Mr. Shelton, who has been on the AIM Premier Equity Fund's management team since 1997, replaces Evan G. Harrel as lead manager for the fund. Mr. Harrel, who had been on the fund since 1998, is resigning from AIM Investments effective May 15, 2003, to pursue personal interests. "We appreciate Evan's years of dedicated service to AIM and the shareholders of the funds he has managed, and he has played an important role in our success," said Edgar M. Larsen, president and chief investment officer of A I M Capital Management, Inc. "We wish him the best in his future endeavors." AIM Premier Equity Fund, formerly AIM Value Fund until its name was changed on July 1, 2002, is AIM's largest retail equity fund with more than $8 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. . Both AIM Premier Equity Fund and AIM Premier Equity II Fund (formerly AIM Value II Fund until July 1, 2002) will benefit from the depth of experience of their new management teams. In addition to his role as a portfolio manager on AIM Premier Equity Fund, Mr. Shelton will remain the lead manager for AIM Premier Equity II Fund, for which he has been a part of the management team since its inception in 2000. He has been in the investment industry for 12 years. Mr. Garcia, who also is lead manager of AIM Global Science and Technology Fund and AIM New Technology Fund, brings 30 years of diversified diversified (di·verˑ·s investment-industry experience to the management team. Ms. Walsh, lead manager of AIM Global Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Fund and AIM Large Cap Core Equity Fund, has been in the investment industry since 1987. Mr. Yellen is lead manager of AIM Global Health Care Fund and has 12 years of experience. Ms. Veazey has been on the Premier Equity support team since 1998 and recently was promoted from senior analyst to portfolio manager for both funds. The additions to the management teams of all three funds do not represent a change in any fund's investment objective or strategy. "Some refinements were made about a year ago to the investment processes of AIM Premier Equity Fund and AIM Premier Equity II Fund as team members moved from being generalists to more industry focused in identifying stocks for the portfolios," Mr. Larsen said. "The additions of Abel, Meggan and Michael should enhance this process by providing added guidance in some of the most visible areas for growth in the market -- technology, financial services and health care." About AIM Investments Houston-based AIM Investments represents one of the nation's leading investment management companies. It is dedicated to providing its clients with exceptional products and services through multiple investment management styles and a broad range of investment solutions -- mutual 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, alternative investments and offshore products. Founded in 1976, AIM Investments had $115 billion in assets under management as of March 31, 2003. For more information, visit www.aiminvestments.com. AIM Investments is a service mark of A I M Management Group Inc. and is the subject of a pending application for trademark registration. A I M Advisors, Inc. and A I M Capital 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 products and services represented by AIM Investments. 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 $319 billion in assets under management as of March 31, 2003. 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. A I M Distributors, Inc., Distributor. |
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