AIM Web Site Receives Highest DALBAR Rating.HOUSTON--(BUSINESS WIRE)--Nov. 1, 1999-- A I M Management Group Inc. (AIM), announced today that AIM's Web site, http://www.aimfunds.com, has been rated by DALBAR, Inc., as the best among fund companies whose products are sold through financial consultants. In addition, the site was ranked third overall among the 31 mutual fund companies included in the survey. AIM is a member of the $291 billion AMVESCAP Group (NYSE NYSE See: New York Stock Exchange :AVZ), one of the world's largest independent investment services companies. DALBAR, Inc., is an independent organization that provides performance evaluations Performance evaluation The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated return on the quality of all areas of customer service for mutual fund companies. In conducting the study, DALBAR awarded points to each Web site based on functionality, ease of use and editorial content. Functionality, which comprises 60% of the score, pertains to the quality and range of pertinent PERTINENT, evidence. Those facts which tend to prove the allegations of the party offering them, are called pertinent; those which have no such tendency are called impertinent, 8 Toull. n. 22. By pertinent is also meant that which belongs. Willes, 319. information and services available to the user. Ease of Use (25%) is defined as the user's ease in navigating (networking, hypertext) navigating - Finding your way around. Often used of the Internet, particularly the World-Wide Web. A browser is a tool for navigating hypertext documents. the site, ability to locate important information quickly and easily, and the ability to access help when using the site. Editorial Content (15%) encompasses the quality and relevance of the ongoing editorial content on the site, including news updates and investor education. AIM was among only two fund companies to receive a perfect 15 score in editorial content. "This distinction is reflective Refers to light hitting an opaque surface such as a printed page or mirror and bouncing back. See reflective media and reflective LCD. of the emphasis we've placed on cutting-edge technology and excellence in customer service," said Margaret Reilly, AIM's Director of Electronic Commerce. "We have a talented group of professionals who have worked very hard to design a superior Web site that serves as a trend-setter in the mutual fund industry." AIM was founded in 1976 and ranks as the nation's 10th-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 $120 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 6.4 million shareholders as of Sept. 30, 1999. AIM is subsidiary of AMVESCAP PLC, one of the world's largest independent investment services companies with $291 billion in assets under management as of Sept. 30, 1999. 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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