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RETAIL CLASSES OF
AIM CHARTER FUND
AIM WEINGARTEN FUND
AIM CONSTELLATION FUND
(SERIES PORTFOLIOS OF
AIM EQUITY FUNDS, INC.)
Supplement dated September 20, 1995
to the Prospectus dated June 15, 1995
The second sentence of the second paragraph under the caption
"Management - Portfolio Managers" on page 14 of the Prospectus is revised to
read in its entirety as follows:
"Mr. Sachnowitz is Vice President of AIM Capital and has been
responsible for the Fund since 1991."
The third paragraph under the caption "Management - Portfolio
Managers" on page 14 of the Prospectus is revised to read in its entirety as
follows:
"Jonathan C. Schoolar, David P. Barnard and Robert M. Kippes are
primarily responsible for the day-to-day management of WEINGARTEN. Mr.
Schoolar is Senior Vice President and Director of AIM Capital, Vice President
of AIM and Senior Vice President of the Company and has been responsible for
the Fund since 1987. He has been associated with AIM and/or its affiliates
since 1986 and has 12 years of experience as an investment professional. Mr.
Barnard is Vice President of AIM Capital and has been responsible for the Fund
since 1986. Mr. Barnard has been associated with AIM and/or its affiliates
since 1982 and has 21 years of experience as an investment professional. Mr.
Kippes is Vice President of AIM Capital and has been responsible for the Fund
since 1994. Mr. Kippes has been associated with AIM and/or its affiliates
since 1989 and has 6 years of experience as an investment professional."
The section under the caption "Introduction To The AIM Family of
Funds(R)" (page A-1) is revised to reflect that the name of AIM Government
Securities Fund has been changed to AIM Intermediate Government Fund.
The sections under the captions "Timing of Purchase Orders" (page A-4),
"Exchange Privilege - Terms and Conditions of Exchanges" (page A-11) and
"Redemptions by Mail" (page A-13) are revised to reflect that redemptions or
exchanges of shares purchased by check may not be processed until it is
determined that the check has cleared, which may take up to ten business days.
