497 1 h29195de497.txt AIM EQUITY FUNDS - 497(E) AIM AGGRESSIVE GROWTH FUND AIM BLUE CHIP FUND AIM CAPITAL DEVELOPMENT FUND AIM CHARTER FUND AIM CONSTELLATION FUND AIM DIVERSIFIED DIVIDEND FUND AIM LARGE CAP BASIC VALUE FUND AIM LARGE CAP GROWTH FUND AIM MID CAP GROWTH FUND AIM SELECT BASIC VALUE FUND AIM WEINGARTEN FUND (SERIES PORTFOLIOS OF AIM EQUITY FUNDS) Supplement dated October 5, 2005 to the Statement of Additional Information dated April 29, 2005 as supplemented July 1, 2005 and July 7, 2005 and September 20, 2005 The following information replaces in its entirety the second paragraph appearing under the heading "INVESTMENT ADVISORY AND OTHER SERVICES, OTHER SERVICE PROVIDERS - TRANSFER AGENT" in the Statement of Additional Information: "The Transfer Agency and Service Agreement (the "TA Agreement") between the Trust and AIS provides that AIS will perform certain shareholder services for the Funds. For servicing accounts holding Class A, A3, B, C, K, P, R, AIM Cash Reserves and Investor Class Shares, the TA Agreement provides that the Trust on the behalf of the Funds will pay AIS at a rate of $21.60 per open shareholder account plus certain out of pocket expenses. This fee is paid monthly at the rate of 1/12 of the annual fee and is based upon the number of open shareholder accounts during each month." The following information replaces in its entirety the last paragraph appearing under the heading "PURCHASE, REDEMPTION AND PRICING OF SHARES - PURCHASE AND REDEMPTION OF SHARES - PURCHASES OF CLASS A SHARES AT NET ASSET VALUE" in the Statement of Additional Information: "In addition, an investor may acquire shares of any of the AIM Funds at net asset value in connection with: o the reinvestment of dividends and distributions from a Fund; o exchanges of shares of certain Funds; o the purchase of shares in connection with the repayment of a retirement plan loan administered by AIM Investment Services, Inc., or o a merger, consolidation or acquisition of assets of a Fund." Effective October 1, 2005, Raymond Stickel, Jr. was elected Trustee of the AIM Funds. The following information is added under the heading "TRUSTEES AND OFFICERS - INDEPENDENT TRUSTEES" in Appendix B in the Statement of Additional Information:
TRUSTEE "NAME, YEAR OF BIRTH AND AND/OR OTHER TRUSTEESHIP(S) POSITION(S) HELD WITH THE OFFICER HELD TRUST SINCE PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS BY TRUSTEE ------------------------- ------- ------------------------------------------- -------------------- INDEPENDENT TRUSTEES Raymond Stickel, Jr. - 1944 2005 Retired None" Trustee Formerly: Partner, Deloitte & Touche
Additionally, effective October 1, 2005, Mr. Stickel was appointed as a member of the Audit Committee of the Boards of Trustees of the AIM Funds. INSTITUTIONAL CLASSES OF AIM AGGRESSIVE GROWTH FUND AIM BLUE CHIP FUND AIM CAPITAL DEVELOPMENT FUND AIM CHARTER FUND AIM CONSTELLATION FUND AIM LARGE CAP BASIC VALUE FUND AIM LARGE CAP GROWTH FUND AIM MID CAP GROWTH FUND AIM WEINGARTEN FUND (SERIES PORTFOLIOS OF AIM EQUITY FUNDS) Supplement dated October 5, 2005 to the Statement of Additional Information dated February 28, 2005 as supplemented April 1, 2005, April 29, 2005, July 1, 2005, July 7, 2005 and September 20, 2005 Effective October 1, 2005, Raymond Stickel, Jr. was elected Trustee of the AIM Funds. The following information is added under the heading "TRUSTEES AND OFFICERS - INDEPENDENT TRUSTEES" in Appendix B in the Statement of Additional Information:
TRUSTEE "NAME, YEAR OF BIRTH AND AND/OR OTHER TRUSTEESHIP(S) POSITION(S) HELD WITH THE OFFICER HELD TRUST SINCE PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS BY TRUSTEE ------------------------- ------- ------------------------------------------- -------------------- INDEPENDENT TRUSTEES Raymond Stickel, Jr. - 1944 2005 Retired None" Trustee Formerly: Partner, Deloitte & Touche
Additionally, effective October 1, 2005, Mr. Stickel was appointed as a member of the Audit Committee of the Boards of Trustees of the AIM Funds.