<PAGE> 1
CLASS A, CLASS B AND CLASS C SHARES OF
AIM EMERGING MARKETS DEBT FUND
Supplement dated November 29, 1999
to the Prospectus dated March 1, 1999
Effective November 29, 1999, the following replaces in its entirety the
information appearing under the heading "FUND MANAGEMENT - PORTFOLIO MANAGERS"
on page 5 of the prospectus:
"The advisors use 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 are
o John Cleary, 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 1997 to 1998, he was
Manager of a global markets fixed income fund for West Merchant
Bank Ltd. From 1994 to 1996, he was enrolled in graduate
school.
o Edwin Gutierrez, 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 an economist for Chancellor LGT Asset Management.
o Jonathan Mann, 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 an
economist for LGT Asset Management."
<PAGE> 2
ADVISOR CLASS SHARES OF
AIM EMERGING MARKETS DEBT FUND
Supplement dated November 29, 1999
to the Prospectus dated March 1, 1999
Effective November 29, 1999, the following replaces in its entirety the
information appearing under the heading "FUND MANAGEMENT - PORTFOLIO MANAGERS"
on page 5 of the prospectus:
"The advisors use 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 are
o John Cleary, 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 1997 to 1998, he was
Manager of a global markets fixed income fund for West Merchant
Bank Ltd. From 1994 to 1996, he was enrolled in graduate
school.
o Edwin Gutierrez, 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 an economist for Chancellor LGT Asset Management.
o Jonathan Mann, 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 an
economist for LGT Asset Management."
