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AIM BALANCED FUND
AIM GLOBAL UTILITIES FUND
AIM GROWTH FUND
AIM HIGH YIELD FUND
AIM INCOME FUND
AIM INTERMEDIATE GOVERNMENT FUND
AIM MONEY MARKET FUND
AIM MUNICIPAL BOND FUND
AIM VALUE FUND
(SERIES PORTFOLIOS OF AIM FUNDS GROUP)
SUPPLEMENT DATED NOVEMBER 17 1995
TO THE PROSPECTUS DATED MAY 1, 1995, AS REVISED OCTOBER 9, 1995
AND SUPPLEMENTED OCTOBER 20, 1995
The sections under "Multiple Distribution System--Class B Shares" (page 2),
"Redeeming Shares" (page 3), "Special Information Relating to Multiple Class
Funds--Class B Shares" (page A-5) and "How to Redeem Shares--Multiple
Distribution System" (page A-12) are revised to reflect that no contingent
deferred sales charge will be imposed on redemptions of Class B shares which
occur following six years from the date such shares were purchased.
The second and third sentences under the caption "Exchange Privilege" (page
3) are revised to read in their entirety as follows:
"Class A, Class B and Class C shares of the Funds may be exchanged for
shares of other funds in The AIM Family of Funds in the manner and
subject to the policies and charges set forth herein."
The fifth sentence of the second paragraph under "How to Purchase Shares--How
to Open an Account" (page A-1) is revised to read in its entirety as follows:
"The minimum initial investment for an IRA account is $250."
The sections under "Table of Fees and Expenses" (page 4) and "Sales Charges and
Dealer Concessions--Group I" and "--Group II" (page A-3) are revised to
reflect that no initial sales charge on purchases of $1,000,000 or more, but
that such purchases are subject to a 1% contingent deferred sales charge if
shares are redeemed prior to 18 months from the date such shares were
purchased.
The following new sentence is added at the end of the third paragraph under
the caption "Sales Charges and Dealer Concessions--All Groups of AIM Funds"
(page A-4):
"AIM Distributors may make payments to dealers and institutions who are
dealers of record for purchases of $1 million or more of shares which
normally involve payment of initial sales charges, and which are sold at
net asset value and are not subject to a contingent deferred sales
charge, in an amount up to 0.10% of such purchases of shares of AIM
LIMITED MATURITY TREASURY SHARES, and in an amount up to 0.25% of such
purchases of shares of AIM TAX-FREE INTERMEDIATE SHARES."
The fourth sentence under the caption "Special Plans--Automatic Dividend
Investment Plan" (page A-9) is revised to read in its entirety as follows:
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"In order to qualify to have dividends and distributions of one AIM Fund
invested in shares of another AIM Fund, the following conditions must be
satisfied: (a) the shareholder must have an account balance in the
dividend paying fund of at least $5,000; (b) the account must be held in
the name of the shareholder (i.e., the account may not be held in
nominee name); and (c) the shareholder must have requested and completed
an authorization relating to the reinvestment of dividends into another
AIM Fund."
The sixth sentence under the caption "Special Plans--Automatic Dividend
Investment Plan" (page A-9) is revised to read in its entirety as follows:
"An AIM Fund will waive the $5,000 minimum account value requirement if
the shareholder has an account in the fund selected to receive the
dividends and distributions with a value of at least $500."
The discussions regarding exchanges involving dollar cost averaging under the
captions "Special Information Relating to Multiple Class Funds - Class A
Shares" (page A-5) and "Special Plans--Dollar Cost Averaging" (page A-9) are
revised to reflect that such exchanges must otherwise meet the requirements
described under the caption "Exchange Privilege--Terms and Conditions of
Exchanges."
The fifth sentence of the first paragraph and the accompanying
cross-reference under the caption "Exchange Privilege--Terms and Conditions
of Exchanges" (page A-10) are deleted in their entirety.
The first sentence of the second paragraph under the caption "Exchange
Privilege--Terms and Conditions of Exchanges" (page A-10) is revised to read
in its entirety as follows:
"Shares of any AIM Fund may be exchanged for shares of any other
AIM Fund, except that (i) Load Fund share purchases of $1,000,000
or more which are subject to a contingent deferred sales charge may
not be exchanged for Lower Load Funds or for AIM TAX-EXEMPT CASH
FUND; (ii) Lower Load Fund share purchases of $1,000,000 or more
and No Load Fund purchases may be exchanged for Load Fund shares
in amounts of $1,000,000 or more which will then be subject to a
contingent deferred sales charge; however, for purposes of
calculating the contingent deferred sales charge on the Load Fund
shares acquired, the 18-month period shall be computed from the
date of such exchange; (iii) Class A shares and shares of all other
AIM Funds may not be exchanged for Class B shares; (iv) Class B shares
may be exchanged only for Class B shares; and (v) Class C shares of
AIM MONEY MARKET FUND may not be exchanged for Class A shares of
AIM MONEY MARKET FUND or for Class B shares. For shares initially
purchased prior to November 20, 1995, these exchange conditions
will apply effective January 16, 1996."
The first paragraph under the caption "How to Redeem Shares--Contingent
Deferred Sales Charge Program for Large Purchases" (page A-13) is revised to
read in its entirety as follows:
"Except for purchases of Class B shares of a Multiple Class Fund and
purchases of shares of the No Load Funds and Lower Load Funds, a
contingent deferred sales charge of 1% applies to purchases of
$1,000,000 or more that are redeemed within 18 months of the date of
purchase. For a description of the AIM Funds participating in this
program, see "Terms and Conditions of Purchase of the AIM Funds--Sales
Charges and Dealer Concessions." This charge will be 1% of the lesser of
the value of the shares redeemed (excluding reinvested dividends and
capital gain distributions) or the total original cost of such shares.
In determining whether a contingent deferred sales charge is payable,
and the amount of any such charge, shares not subject to the contingent
deferred sales charge are redeemed first (including shares purchased by
reinvested dividends and capital gains distributions and amounts
representing increases from capital appreciation), and then other shares
are redeemed in the order of purchase. No such charge will be imposed
upon exchanges unless the shares acquired by exchange are redeemed
within 18 months of the date the shares were originally purchased. For
purposes of computing this 18-month period (i) shares of any Load Fund
or Class C shares of AIM MONEY MARKET FUND which were acquired through
an exchange of shares which previously were subject to the 1% contingent
deferred sales charge will be credited with the period of time such
exchanged shares were held, and (ii) shares of any Load Fund which are
subject to the 1% contingent deferred sales charge and which were
acquired through an exchange of shares of a Lower Load Fund or a No Load
Fund which previously were not subject to the 1% contingent deferred
sales charge will not be credited with the period of time such exchanged
shares were held. The charge will be waived in the following
circumstances:"
Effective October 19, 1995, The Bank of New York became the custodian for AIM
MUNICIPAL BOND FUND. The address of The Bank of New York is 110 Washington
Street, New York, New York 10286.
