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AIM BASIC VALUE FUND
CLASS A, B AND C SHARES
Supplement dated February 25, 2000
to the Prospectus dated May 3, 1999,
as revised October 25, 1999 and as supplemented February 11, 2000
This supplement supersedes and replaces in its entirety the supplement dated
February 11, 2000.
Advisor Class shares of AIM Basic Value Fund converted to Class A shares of the
fund effective the close of business on February 11, 2000. Advisor Class shares
of the fund are no longer offered for sale or exchange.
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 portfolio, all of whom are officers of
A I M Capital Management, Inc., a wholly owned subsidiary of the
advisor, are
o Evan G. Harrel, Senior Portfolio Manager, who has been
responsible for the fund since 1998 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 Matthew W. Seinsheimer, 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 1995 to 1998,
he was Portfolio Manager for American Indemnity Company.
o Bret W. Stanley, Senior Portfolio Manager, who has been
responsible for the fund since 1998 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."