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RETAIL CLASSES OF
AIM BLUE CHIP FUND
AIM CHARTER FUND
AIM WEINGARTEN FUND
AIM CONSTELLATION FUND
AIM AGGRESSIVE GROWTH FUND
AIM CAPITAL DEVELOPMENT FUND
(SERIES PORTFOLIOS OF
AIM EQUITY FUNDS, INC.)
Supplement dated June 27,1997
to the Statement of Additional Information
dated January 15, 1997 as revised March 18, 1997
The Board of Directors has approved the elimination of the
non-fundamental investment restriction of AIM Blue Chip Fund which restricted
investment in securities of companies which have a record of less than three
years of continuous operation shown as item (f) in the second paragraph on page
17 of the Fund's Statement of Additional Information.
The Board of Directors has approved the elimination of the
non-fundamental investment restriction of AIM Weingarten Fund which restricted
investment in securities of companies which have a record of less than three
years of continuous operation shown as item (g) in the last paragraph on page
19 of the Fund's Statement of Additional Information.
The Board of Directors has approved the elimination of the
non-fundamental investment restriction of AIM Capital Development Fund which
restricted investment in securities of companies which have a record of less
than three years of continuous operation shown as item (e) in the first
paragraph on page 23 of the Fund's Statement of Additional Information.
