AIM Small Cap Equity Fund to Close to New Investors.Business Editors HOUSTON--(BUSINESS WIRE)--Dec. 10, 2003 AIM Investments(SM) announced today that AIM Small Cap Equity Fund will close to new investors at 3 p.m. CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. on Monday Monday: see week. , December 19, 2003. As of Tuesday, December 9, 2003, net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. in AIM Small Cap Equity Fund totaled approximately $491 million. After the closing, certain types of investors may continue to invest in the fund and certain types of investors may open new accounts in the fund, if approved by A I M Distributors, Inc. Investing in small-size companies, as does AIM Small Cap Equity Fund, may involve greater risks not associated with investing in more established companies, such as business risk, significant stock price fluctuations and illiquidity. The fund may participate in the initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) market in some market cycles. Because of the fund's small asset base, any investment the fund may make in IPO's may significantly affect the fund's total return. As the fund's assets grow, the impact of the IPO investments will decline, which may reduce the effect of IPO investments on the fund's total return. The fund can invest up to 25% of its assets in foreign securities that may present risks not associated with investing solely in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . 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 portfolios under the AIM and INVESCO brand names - 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 $142 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 11 million shareholders as of September 30, 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., A I M Capital Management, Inc., AIM Private Asset Management, Inc., and AIM Alternative Asset Management Company, 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 (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 $345 billion in assets under management as of September 30, 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 or INVESCO 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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