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CLASS A, CLASS B AND CLASS C SHARES OF
AIM ADVISOR LARGE CAP VALUE FUND
Supplement dated December 8, 1999
to the Prospectus dated May 3, 1999, as revised July 1, 1999
Effective immediately the following replaces in its entirety the
information appearing under the heading "OTHER INFORMATION - DIVIDENDS AND
DISTRIBUTIONS" on page 4 of the prospectus:
"DIVIDENDS
The fund generally declares and pays dividends, if any, quarterly. Following
the December 1999 quarterly dividend, the fund will begin declaring and paying
dividends, if any, annually.
CAPITAL GAINS DISTRIBUTIONS
The fund generally distributes long-term and short-term capital gains
(including any net gains from foreign currency transactions), if any,
annually."