<PAGE> 1
ADVISOR CLASS SHARES OF
AIM GLOBAL FINANCIAL SERVICES FUND
Supplement dated June 11, 1999
to the Prospectus dated March 1, 1999
Effective June 11, 1999, 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 fund's portfolio are
o A. James Ellman, Portfolio Manager, who has been
responsible for the fund since 1995 and has been
associated with the advisor and/or its affiliates since
1994.
o Michael Yellen, Portfolio Manager, who has been
responsible for the fund since 1999 and has been
associated with the advisor and/or its affiliates since
1994."
The following replaces in its entirety the information appearing under the
heading "EXCHANGING SHARES-EXCHANGE CONDITIONS" on page A-3 of the prospectus:
"The following conditions apply to all exchanges:
o You must meet the minimum purchase requirements for the
AIM Funds into which you are exchanging;
o Shares of the AIM Fund you wish to acquire must be
qualified for sale in your state of residence;
o Exchanges must be made between accounts with identical
registration information;
o The account you wish to exchange form must have
a certified tax identification number (or the
Fund has received an appropriate Form W-8 or
W-9);
o Shares must have been held for at least one day prior to
the exchange; and
o If you have physical share certificates, you
must return them to the transfer agent prior to
the exchange.
Beginning September 15, 1999, the following exchange condition will
apply:
o Because excessive short-term trading or market
activity can hurt fund performance, you are
limited to a maximum of 10 exchanges per
calendar year. If you exceed that limit, or if
an AIM Fund or the distributor determines, in
its sole discretion, that your short-term
trading is excessive or that you are engaging in
market-timing activity, it may reject any
additional exchange orders. An exchange is the
movement out of (redemption) one AIM Fund and
into (purchase) another AIM Fund."
<PAGE> 2
ADVISOR CLASS SHARES OF
AIM GLOBAL HEALTH CARE FUND
Supplement dated June 11, 1999
to the Prospectus dated March 1, 1999
Effective June 11, 1999, the following replaces in its entirety the information
appearing under the heading "FUND MANAGEMENT - PORTFOLIO MANAGERS" on page 5 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 fund's portfolio are
o Michael Yellen, Portfolio Manager, who has been
responsible for the fund since 1996 and has been
associated with the advisor and/or its affiliates since
1994.
o Derek H. Webb, Portfolio Manager, who has been responsible
for the fund since 1999 and has been associated with the
advisor and/or its affiliates since 1992."
The following replaces in its entirety the information appearing under the
heading "EXCHANGING SHARES-EXCHANGE CONDITIONS" on page A-3 of the prospectus:
"The following conditions apply to all exchanges:
o You must meet the minimum purchase requirements for the
AIM Funds into which you are exchanging;
o Shares of the AIM Fund you wish to acquire must be
qualified for sale in your state of residence;
o Exchanges must be made between accounts with identical
registration information;
o The account you wish to exchange form must have
a certified tax identification number (or the
Fund has received an appropriate Form W-8 or
W-9);
o Shares must have been held for at least one day prior to
the exchange; and
o If you have physical share certificates, you
must return them to the transfer agent prior to
the exchange.
Beginning September 15, 1999, the following exchange condition will
apply:
o Because excessive short-term trading or market
activity can hurt fund performance, you are
limited to a maximum of 10 exchanges per
calendar year. If you exceed that limit, or if
an AIM Fund or the distributor determines, in
its sole discretion, that your short-term
trading is excessive or that you are engaging in
market-timing activity, it may reject any
additional exchange orders. An exchange is the
movement out of (redemption) one AIM Fund and
into (purchase) another AIM Fund."
