SUB-ITEM 77D

                            POLICIES WITH RESPECT TO
                              SECURITY INVESTMENTS

                             AIM EQUITY FUNDS, INC.



Effective February 3, 2000, AIM Charter Fund (the "fund'") seeks to meet its
investment objectives by investing at least 65% of its total assets in
securities of established companies that have long-term above-average growth in
earnings and dividends, and growth companies that the portfolio managers
believe have the potential for above-average growth in earnings and dividends.
The portfolio managers consider whether to sell a particular security when they
believe the security no longer has that potential. The fund may also invest up
to 20% of its total assets in foreign securities.