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AIM SELECT GROWTH FUND
Supplement dated December 29, 2000
to the Prospectus dated June 1, 2000
The following replaces in its entirety the information appearing under the
heading "FUND MANAGEMENT -- PORTFOLIO MANAGERS" on page 4 of the prospectus:
"The fund is managed by a select committee comprised of equity research
analysts employed by the advisor or A I M Capital Management, Inc., a wholly
owned subsidiary of the advisor. The members of the committee provide
knowledge regarding a variety of equity market capitalization sectors and
investment styles. The committee meets periodically to discuss investment
opportunities and ideas; however, purchases and sales of securities must
have the prior approval of one of the following persons:
o Polly A. Ahrendts, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1985.
o Claude C. Cody IV, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1992.
o Joel E. Dobberpuhl, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1990.
o Abel Garcia, Senior Portfolio Manager, who has been responsible for
the fund since 2000 and has been associated with the advisor and/or its
affiliates since 2000. From 1984 to 2000, he was a Senior Portfolio
Manager for Waddell & Reed.
o Paul J. Rasplicka, Senior Portfolio Manager, who has been responsible
for the fund since 2000 and has been associated with the advisor and/or
its affiliates since 1994. From 1994 to 1998, he was Portfolio Manager
of Institutional Trust Company, an affiliate of the advisor.
o Jonathan C. Schoolar, Senior Portfolio Manager, who has been
responsible for the fund since 1994 and has been associated with the
advisor and/or its affiliates since 1986.
o Bret W. Stanley, Senior Portfolio Manager, who has been responsible
for the fund since 1999 and has been associated with the advisor and/or
its affiliates since 1998. From 1994 to 1998, he was Vice President and
portfolio manager with Van Kampen American Capital Asset Management,
Inc.
o Meggan M. Walsh, Portfolio Manager, who has been responsible for the
fund since 2000 and has been associated with the advisor and/or
affiliates since 1991.
o Michael Yellen, Senior 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 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."
