497 1 h11276be497.txt AIM MULTIPLE FUNDS - RETAIL PROSPECTUS - 497(E) . . . AIM EQUITY FUNDS AIM FUNDS GROUP AIM Aggressive Growth Fund - Class A, B, AIM Balanced Fund - Class A, B, C and R C and R AIM Basic Balanced Fund - Class A, B and C AIM Constellation Fund - Class A, B, C and R Supplement dated December 16, 2003 to the AIM Dent Demographic Trends Fund - Class A, Prospectus dated May 1, 2003, as supplemented B and C August 14, 2003, September 30, 2003, AM Emerging Growth Fund - Class A, B and C November 10, 2003, December 5, 2003 and AIM Mid Cap Growth Fund - Class A, B, C and R December 12, 2003 AIM Weingarten Fund - Class A, B, C and R Supplement dated December 16, 2003 to the AIM Mid Cap Basic Value Fund - Class A, B and C Prospectus dated March 3, 2003, as supplemented AIM Premier Equity Fund - Class A, B, C and R August 14, 2003, September 30, 2003, AIM Select Equity Fund - Class A, B and C November 10, 2003 and December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated May 1, 2003, as supplemented August 14, 2003, September 30, 2003, AIM Capital Development Fund - Class A, B, C and R November 10, 2003 and December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated March 3, 2003, as supplemented AIM European Small Company Fund - Class A, B June 12, 2003, August 14, 2003, and C September 30, 2003, November 10, 2003 AIM International Emerging Growth Fund - Class A, and December 5, 2003 B and C AIM Small Cap Equity Fund - Class A, B, C and R AIM Charter Fund - Class A, B, C and R Supplement dated December 16, 2003 to the Supplement dated December 16, 2003 to the Prospectus dated May 1, 2003, as supplemented Prospectus dated March 3, 2003, as supplemented June 12, 2003, August 14, 2003, August 14, 2003, August 20, 2003, September 30, 2003, November 10, 2003 September 30, 2003, November 10, 2003 and December 5, 2003 and December 5, 2003 AIM Global Value Fund - Class A, B and C AIM Diversified Dividend Fund - Class A, B and C Supplement dated December 16, 2003 to the Supplement dated December 16, 2003 to the Prospectus dated May 1, 2003, as supplemented Prospectus dated May 2, 2003, as supplemented May 14, 2003, June 12, 2003, August 14, 2003, June 12, 2003, August 14, 2003, September 23, September 30, 2003, November 10, 2003 2003, September 30, 2003, November 10, 2003 and December 5, 2003 and December 5, 2003 AIM Balanced Fund - Institutional Class AIM Blue Chip Fund - Investor Class, Class A, B, AIM Premier Equity Fund - Institutional Class C and R Supplement dated December 16, 2003 to the AIMLarge Cap Basic Value Fund - Investor Class, Prospectus dated May 1, 2003, as supplemented Class A, B, C and R August 14, 2003, November 10, 2003, December 5, 2003 and December 15, 2003 AIM Large Cap Growth Fund - Investor Class, Class A, B, C and R AIM GROWTH SERIES Supplement dated December 16, 2003 to the Prospectus dated July 21, 2003 as revised October 1, AIM Basic Value Fund - Class A, B, C and R 2003 and as supplemented AIM Small Cap Growth Fund - Class A, B, C and R November 10, 2003 and December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated May 1, 2003, as supplemented AIM Aggressive Growth Fund - Institutional Class August 14, 2003, September 30, 2003, AIM Blue Chip Fund - Institutional Class November 10, 2003 and December 5, 2003 AIM Capital Development Fund - Institutional Class AIM Charter Fund - Institutional Class AIM Global Trends Fund - Class A, B and C AIM Constellation Fund - Institutional Class Supplement dated December 16, 2003 to the AIM Weingarten Fund - Institutional Class Prospectus dated November 4, 2003 as supplemented Supplement dated December 16, 2003 to the November 10, 2003 and December 5, 2003 Prospectus dated March 3, 2003, as supplemented May 1, 2003, June 12, 2003, August 14, 2003, AIM Mid Cap Core Equity Fund - Class A, B, C and R August 20, 2003, November 10, 2003 Supplement dated December 16, 2003 to the and December 5, 2003 Prospectus dated May 1, 2003, as supplemented August 14, 2003, August 20, 2003, AIM FLOATING RATE FUND September 30, 2003, November 10, 2003 Class B and C and December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated May 1, 2003 as supplemented July 8, 2003, August 14, 2003 and December 5, 2003
AIM Basic Value Fund - Institutional Class AIM Money Market Fund - AIM Cash Reserve AIM Mid Cap Core Equity Fund - Institutional Class Shares, Class B, C, R and Investor Class AIM Small Cap Growth Fund - Institutional Class AIM Municipal Bond Fund - Investor Class, Class A, Supplement dated December 16, 2003 to the B and C Prospectus dated May 1, 2003, as supplemented AIM Real Estate Fund - Investor Class, Class A, B August 14, 2003, August 20, 2003, and C November 10, 2003 and December 5, 2003 AIM Short Term Bond Fund - Class C AIM Total Return Bond Fund - Class A, B and C AIM INTERNATIONAL MUTUAL FUNDS Supplement dated December 16, 2003 to the Prospectus dated October 29, 2003 as supplemented AIM Asia Pacific Growth Fund - Class A, B and C November 10, 2003 and December 5, 2003 AIM European Growth Fund - Investor Class Class A, B, C and R AIM Limited Maturity Treasury Fund - Institutional AIM Global Aggressive Growth Fund - Class A, B Class and C Supplement dated December 16, 2003 to the AIM Global Growth Fund - Class A, B and C Prospectus dated October 29, 2003 as supplemented AIM International Growth Fund - Class A, B, C and R November 10, 2003 and December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated November 25, 2003 AIM SPECIAL OPPORTUNITIES FUNDS as supplemented December 5, 2003 AIM Opportunities I Fund - Class A, B and C AIM International Growth Fund - Institutional Class AIM Opportunities II Fund - Class A, B and C Supplement dated December 16, 2003 to the AIM Opportunities III Fund - Class A, B and C Prospectus dated November 25, 2003 Supplement dated December 16, 2003 to the as supplemented December 5, 2003 Prospectus dated March 3, 2003, as supplemented August 14, 2003, September 30, 2003, AIM INVESTMENT FUNDS November 10, 2003 and December 5, 2003 AIM Developing Markets Fund - Class A, B and C AIM SUMMIT FUND Supplement dated December 16, 2003 to the Prospectus dated March 3, 2003, as supplemented Supplement dated December 16, 2003 to the May 23, 2003, June 12, 2003, August 14, 2003, Prospectus dated March 3, 2003 September 30, 2003, November 10, 2003 as supplemented December 5, 2003 and December 5, 2003 AIM TAX-EXEMPT FUNDS AIM Global Health Care Fund - Class A, B and C AIM Libra Fund - Class A, B and C AIM High Income Municipal Fund -Class A, B and C Supplement dated December 16, 2003 to the Supplement dated December 16, 2003 to the Prospectus dated March 3, 2003, as supplemented Prospectus dated July 21, 2003, as supplemented August 14, 2003, September 30, 2003, August 14, 2003, September 30, 2003, November 10, 2003 and December 5, 2003 November 10, 2003 and December 5, 2003 AIM Trimark Endeavor Fund - Class A, B, C and R AIM Tax-Exempt Cash Fund - Investor Class, Class A AIM Trimark Fund - Class A, B, C and R Supplement dated December 16, 2003 to the AIM Trimark Small Companies Fund - Class A, Prospectus dated July 21, 2003 as revised B, C and R October 1, 2003 and as supplemented Supplement dated December 16, 2003 to the November 10, 2003 and December 5, 2003 Prospectus dated November 4, 2003 as supplemented November 10, 2003 and AIM Tax-Free Intermediate Fund - Class A and A3 December 5, 2003 Supplement dated December 16, 2003 to the Prospectus dated July 21, 2003, as supplemented AIM INVESTMENT SECURITIES FUNDS August 14, 2003, November 10, 2003 and December 5, 2003 AIM High Yield Fund - Investor Class, Class A, B, and C AIM Income Fund - Investor Class, Class A, B, C and R AIM Intermediate Government Fund - Investor Class, Class A, B, C and R AIM Limited Maturity Treasury Fund - Class A and A3
This supplement supercedes and replaces in its entirety, the supplement dated December 5, 2003. Your Fund's investment advisor, A I M Advisors, Inc. ("AIM") is an indirect wholly owned subsidiary of AMVESCAP PLC ("AMVESCAP"). Another indirect wholly owned subsidiary of AMVESCAP, INVESCO Funds Group, Inc. ("INVESCO"), was, until recently, the investment advisor to the INVESCO Funds. On December 2, 2003 each of the Securities and Exchange Commission ("SEC") and the Office of the Attorney General of the State of New York ("NYAG") filed civil proceedings against INVESCO and Raymond R. Cunningham, in his capacity as the chief executive officer of INVESCO. In addition, on December 2, 2003, the State of Colorado filed civil proceedings against INVESCO. Neither your Fund nor any of the INVESCO Funds has been named as a defendant in any of these proceedings. The SEC proceeding, filed in the United States District Court for the District of Colorado [Civil Action No. 03-N-2421 (PAC)], alleges that INVESCO failed to disclose in the INVESCO Funds' prospectuses and to the INVESCO Funds' independent directors that INVESCO had entered into certain arrangements permitting market timing of the INVESCO Funds. The SEC alleges violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 under that Act, Section 206(1) and 206(2) of the Investment Advisers act of 1940, and Sections 34(b) and 36(a) of the Investment Company Act of 1940. The SEC is seeking injunctions, including permanent injunctions from serving as an investment advisor, officer or director of an investment company; an accounting of all market timing as well as certain fees and compensation received; disgorgement; civil monetary penalties; and other relief. The NYAG proceeding, filed in the Supreme Court of the State of New York (New York County), is also based on the circumstances described above. The NYAG proceeding alleges violation of Article 23-A (the "Martin Act") and Section 349 of the General Business Law of the State of New York and Section 63(12) of the State of New York's Executive Law. The NYAG is seeking injunctions, including permanent injunctions from directly or indirectly selling or distributing shares of mutual funds; disgorgement of all profits obtained, including fees collected, and payment of all restitution and damages caused, directly or indirectly from the alleged illegal activities; civil monetary penalties; and other relief. The Colorado proceeding, filed in the Colorado District Court, in the City and County of Denver, Colorado, is also based on the circumstances described above. The Colorado proceeding alleges violations of Section 6-1-105(1) of the Colorado Consumer Protection Act. The State of Colorado is seeking injunctions; restitution, disgorgement and other equitable relief; civil monetary penalties; and other relief. No relief is being sought against either your Fund or any of the INVESCO Funds in any of these proceedings. If INVESCO is unsuccessful in its defense of these proceedings, it could be barred from serving as an investment advisor for any investment company registered under the Investment Company Act of 1940, as amended (a "registered investment company"). Similarly, if Mr. Cunningham is unsuccessful in his defense of these proceedings, he could be barred from serving as an officer or director of any registered investment company. Such results could also affect the ability of AIM, or any other investment advisor directly or indirectly owned by AMVESCAP, from serving as an investment advisor to any registered investment company, including your Fund. Your Fund has been informed by AIM that, if either of these results occurs, AIM will seek exemptive relief from the SEC to permit it to continue to serve as your Fund's investment advisor. There can be no assurance that such exemptive relief will be granted. In addition to the complaints described above, multiple lawsuits, including class action and shareholder derivative suits, have been filed against certain INVESCO Funds, AIM funds, INVESCO, AMVESCAP and certain related parties, primarily based upon the allegations in the complaints described above. Such lawsuits allege a variety of theories for recovery including, but not limited to: (i) violation of various provisions of the Federal securities laws; (ii) breach of fiduciary duty; and (iii) breach of contract. The lawsuits have been filed in both Federal and state courts and seek such remedies as compensatory damages; restitution; rescission; accounting for wrongfully gotten gains, profits and compensation; injunctive relief; disgorgement; equitable relief; interest and the payment of attorneys' and experts' fees. The following list identifies such lawsuits that have been served as of the date of this supplement: o JERRY FATTAH, CUSTODIAN FOR BASIM FATTAH V. INVESCO ADVANTAGE HEALTH SCIENCES FUND, ET AL., in the United States District Court, District of Colorado (Civil Action Number 03-F-2456), filed on December 4, 2003. o JOEL GOODMAN V. INVESCO FUNDS GROUP, INC., ET AL., in the District Court, City and County of Denver, Colorado (Case Number 03CV9268), filed on December 5, 2003. o L. SCOTT KARLIN, DERIVATIVELY ON BEHALF OF INVESCO FUNDS GROUP, INC. V. AMVESCAP PLC, INVESCO, INC., ET AL., in the United States District Court, District of Colorado (Civil Action No. 03-MK-2406), filed on November 28, 2003. o EDWARD LOWINGER AND SHARON LOWINGER V. INVESCO ADVANTAGE HEALTH SCIENCES FUND, ET AL., in the United States District Court, Southern District of New York (Civil Action No. 03-CV-9634), filed on December 4, 2003. o RICHARD RAVER V. INVESCO FUNDS GROUP, INC., ET AL., in the United States District Court, District of Colorado (Civil Action No. 03-F-2441), filed on December 2, 2003. More detailed information regarding each of the cases identified above is provided in each fund's statement of additional information. Additional lawsuits arising out of these circumstances and presenting similar allegations and requests for relief may be filed against the funds, INVESCO, AMVESCAP and related parties in the future. Information about any similar additional lawsuits will be provided in the statement of additional information. As a result of these developments, investors in the AIM and INVESCO Funds might react by redeeming their investments. This might require the funds to sell investments to provide for sufficient liquidity and could also have an adverse effect on the investment performance of the funds. The following information replaces the information appearing after item "(5)" of the second paragraph under the heading "REDEEMING SHARES - REDEMPTION" on page A-7 of the funds' prospectuses that include information on redemption fees: "(6) total or partial redemption of shares acquired through reinvestment of dividends and other distributions; or (7) redemption initiated by a fund."