AIM FUNDS GROUP/DE
497, 1999-05-28
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<PAGE>   1
                           AIM GLOBAL UTILITIES FUND

                         Supplement dated May 28, 1999
                      to the Prospectus dated May 3, 1999


The information under the heading "Other Information--Dividends and
Distributions--Dividends" on page 4 has been replaced in its entirety with the
following:

           The fund generally declares dividends daily and pays dividends, if
           any, monthly. Following the June 1999 monthly dividend, the fund
           will begin declaring and paying dividends, if any, quarterly.



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