AIM FUNDS GROUP/DE
497, 1995-12-28
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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 DECEMBER 28, 1995 TO THE
           PROSPECTUS DATED MAY 1, 1995, AS REVISED NOVEMBER 22, 1995


         Effective January 1, 1995, Craig A. Smith will become an additional
person who will be primarily responsible for the day-to-day management of AIM
BALANCED FUND and AIM GLOBAL UTILITIES FUND. Mr. Smith is Vice President of
A I M Capital Management, Inc., has been associated with AIM since 1989, and
has 6 years of experience as an investment professional.

         Effective January 2, 1996, the net asset value per share (or share
price) of each AIM Fund other than AIM MONEY MARKET FUND will be determined as
of the close of trading of the New York Stock Exchange (generally 4:00 p.m.
Eastern Time) on each business day of a fund. The net asset value per share (or
share price) of AIM MONEY MARKET FUND will be determined as of 12:00 noon and
the close of trading of the New York Stock Exchange on each business day of the
fund. For purposes of determining net asset value per share, futures and options
contacts generally will be valued 15 minutes after the close of trading of the
New York Stock Exchange.

         Shares of the AIM Funds are purchased, exchanged or redeemed at the net
asset value next determined after receipt of an order for purchase, exchange or
redemption in proper form. Accordingly, orders for purchases, exchanges and
redemptions of shares of an AIM Fund other than AIM MONEY MARKET FUND received
by dealers prior to 4:00 p.m. Eastern Time on any business day of an AIM Fund
and either received by AIM Distributors in its Houston, Texas office prior to
5:00 p.m. Central Time on that day or transmitted by dealers to the Transfer
Agent through the facilities of the National Securities Clearing Corporation by
7:00 p.m. Eastern Time on that day will be confirmed at the price determined as
of the close of that day. Orders received by dealers after 4:00 p.m. Eastern
Time will be confirmed at the price determined on the next business day of the
AIM Fund. Orders for purchases, exchanges and redemptions of shares of AIM MONEY
MARKET FUND received by dealers prior to 12:00 noon or 4:00 p.m. Eastern Time on
any business day of the fund will be confirmed at the price next determined.


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