<PAGE> 1
AIM AGGRESSIVE GROWTH FUND
Supplement dated December 29, 2000
to the Prospectus dated June 21, 2000
The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT - PORTFOLIO MANAGERS" on page 4 of the prospectus:
"The advisor uses a team approach to investment management. The individual
members of the team who are primarily responsible for the day-to-day
management of the fund's portfolio, all of whom are officers of A I M
Capital Management, Inc., a wholly owned subsidiary of the advisor, are
o Ryan E. Crane, Portfolio Manager, who has been responsible for the
fund since 1999 and has been associated with the advisor and/or its
affiliates since 1994.
o Robert M. Kippes, Senior Portfolio Manager, who has been responsible
for the fund since 1992 and has been associated with the advisor and/or
its affiliates since 1989.
o Jay K. Rushin, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1998. From 1996 to 1998, he was an associate equity
analyst with Prudential Securities."
<PAGE> 2
AIM CONSTELLATION FUND
Supplement dated December 29, 2000
to the Prospectus dated June 21, 2000
The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT -- PORTFOLIO MANAGERS" on page 4 of the prospectus:
"The advisors use a team approach to investment management. The individual
members of the team who are primarily responsible for the day-to-day
management of the fund's portfolio, all of whom are officers of the
subadvisor, are
o David P. Barnard, Senior Portfolio Manager, who has been responsible
for the fund since 1990 and has been associated with the advisor and/or
its affiliates since 1982.
o Ryan E. Crane, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1994.
o Robert M. Kippes, Senior Portfolio Manager, who has been responsible
for the fund since 1993 and has been associated with the advisor and/or
its affiliates since 1989.
o Jay K. Rushin, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1998. From 1996 to 1998, he was an associate equity
analyst with Prudential Securities.
o Kenneth A. Zschappel, Senior Portfolio Manager, who has been
responsible for the fund since 1996 and has been associated with the
advisor and/or its affiliates since 1990."
<PAGE> 3
AIM EMERGING GROWTH FUND
Supplement dated December 29, 2000
to the Prospectus dated June 21, 2000
The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT -- PORTFOLIO MANAGERS" on page 3 of the prospectus:
"The advisor uses a team approach to investment management. The individual
members of the team who are primarily responsible for the day-to-day
management of the fund's portfolio, all of whom are officers of A I M
Capital Management, Inc., a wholly owned subsidiary of the advisor, are
o Ryan E. Crane, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1994.
o Robert M. Kippes, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1989.
o Jay K. Rushin, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1998. From 1996 to 1998, he was an associate equity
analyst with Prudential Securities."
<PAGE> 4
AIM MID CAP GROWTH FUND
Supplement dated December 29, 2000
to the Prospectus dated June 21, 2000
The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT -- PORTFOLIO MANAGERS" on page 3 of the prospectus:
"The advisor uses a team approach to investment management. The individual
members of the team who are primarily responsible for the day-to-day
management of the fund's portfolio, all of whom are officers of A I M
Capital Management, Inc., a wholly owned subsidiary of the advisor, are
o Ryan E. Crane, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1994.
o Robert M. Kippes, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1989.
o Jay K. Rushin, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or its
affiliates since 1998. From 1996 to 1998, he was an associate equity
analyst with Prudential Securities.
o Kenneth A. Zschappel, Senior Portfolio Manager, who has been
responsible for the fund since 1999 and has been associated with the
advisor and/or its affiliates since 1990."
