AIM Advisor Flex Fund

RELATED LINKS

[ ] Proxy Statement
(PDF)

[ ] Prospectus

[ ] Semi-Annual Report
(PDF)

[ ] Annual Report
(PDF)

[ ] Back to Proxy
Information

[ ] Online Proxy
Voting

QUESTIONS & ANSWERS

o General Questions & Answers

o Proposal to Reorganize AIM Advisor Flex Fund into AIM Balanced Fund

We encourage you to read the proxy statement in full; however, the following
represent some typical questions that shareholders may have regarding the proxy
statement.

GENERAL QUESTIONS & ANSWERS

o How do I vote?

o How does the board recommend that I vote?

o Why should I vote?

o Has AIM contracted the services of a proxy solicitor?

o Will my vote be confidential using the online proxy voting system?

o How do I sign the proxy card?

o What is the deadline for voting?

HOW DO I VOTE?

Voting may take place in the following ways:

o You may vote your shares at https://www.proxycard.com/aim2001 unless
your shares are held through a broker, in which case you may vote your
shares at https://www.proxyvote.com. Because Internet voting is the
most economical way to vote your proxy, we encourage all our
shareholders who can to use this method.

o You may indicate your vote on the proxy card and return it in the
postage-paid envelope provided in the shareholder mailings.

o You may call in your vote to Georgeson Shareholder Communications Inc.
You may call

1-866-727-0852 for the 24-hour automated system; you will need the
12-digit control number from your proxy card.

o You may attend the meeting in person and vote your shares there.

Back to Questions

HOW DOES THE BOARD RECOMMEND THAT I VOTE?

The board recommends that you vote FOR the proposal on the proxy card.

Back to Questions

WHY SHOULD I VOTE?

Every vote is important. If shareholders fail to vote their proxies, a fund may
not receive enough votes to go forward with the August 17 shareholder meeting.
If this happens, the fund may have to make extra solicitations to obtain a
quorum or resend proxies to shareholders, incurring unnecessary additional
costs.

Back to Questions

HAS AIM CONTRACTED THE SERVICES OF A PROXY SOLICITOR?

Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy
solicitor. If we do not receive your vote after a reasonable amount of time, you
may receive a telephone call from them reminding you to vote your shares.

Back to Questions

WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM?

The Web proxy voting system offered by Proxycard.com maintains a high level of
security to ensure the confidentiality of your vote. Security features include:

o SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all
information that travels between ProxyCard.com's Web server and the
shareholder's computer.

o CONTROL NUMBER - Each shareholder is required to enter his or her
12-digit control number. ProxyCard.com verifies the number and presents
the holder with the approximate proxy card for his or her fund(s).

o FIREWALL - To protect the confidentiality of your account records,
ProxyCard.com uses only control numbers and card codes to register
votes. Voted positions are then periodically uploaded to our master
database of shareholders listed as of the record date. All account
specific data remain behind our firewall.

Back to Questions

HOW DO I SIGN THE PROXY CARD?

(Does not apply if voting by phone or Internet)

INDIVIDUAL ACCOUNTS: Shareholders should sign exactly as their names appear in
the account registration shown on the proxy card.

JOINT ACCOUNTS: All joint owners should sign exactly as their names appear in
the account registration shown on the proxy card.

ALL OTHER ACCOUNTS: The person signing must indicate his or her capacity. For
example, if Jane A. Doe is a trustee for a trust or other entity, she should
sign, "Jane A. Doe, Trustee."

Back to Questions

WHAT IS THE DEADLINE FOR VOTING?

All votes must be received before or at the Shareholder Meeting, which will be
held at 3:00 P.M. Central Time August 17, 2001.

Back to Questions

- --------------------------------------------------------------------------------

Proposal to Reorganize AIM Advisor Flex Fund into AIM Balanced Fund

o What am I being asked to vote on?

o Why is this reorganization being proposed?

o Where can I find more information concerning this proposed
reorganization?

o Will there be any tax consequences as a result of this reorganization?

o How does the board recommend that I vote on this proposal?

WHAT AM I BEING ASKED TO VOTE ON?

You are being asked to approve the combination of AIM Advisor Flex Fund with AIM
Balanced Fund. If you approve this combination, the assets of AIM Advisor Flex
Fund will be transferred to AIM Balanced Fund in exchange for shares of AIM
Balanced Fund.

Back to Questions

WHY IS THIS REORGANIZATION BEING PROPOSED?

The fund's board and AIM believe that combining the two funds will benefit
shareholders of AIM Advisor Flex Fund.

o The two funds' investment objectives and policies are similar.

o Although past performance does not guarantee comparable future results,
AIM Balanced Fund has better long-term performance compared to AIM
Advisor Flex Fund.

o Total operating expense ratios of AIM Balanced Fund, expressed as a
percentage of assets, are lower than those of AIM Advisor Flex Fund.
Also, AIM Balanced Fund is significantly larger than AIM Advisor Flex
Fund.

For current fund performance, access our Daily Prices Performance section.

Back to Questions

WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION?

Further details can be found in the section of the proxy statement titled,
"Approval of Agreement and Plan of Reorganization".

Back to Questions

WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION?

The reorganization has been structured as a tax-free transaction.

Back to Questions

HOW DOES THE BOARD RECOMMEND THAT I VOTE ON THIS PROPOSAL?

The board recommends that you vote FOR this proposal.

Back to Questions

- --------------------------------------------------------------------------------

[GRAPHIC] Copyright A I M Management Group Inc. All Rights Reserved.
5

Proxy Information

In June, shareholders of certain AIM Funds were mailed a proxy statement asking
for approval for some or all of the following proposals:

(1) to make investment restriction language consistent across all AIM
Funds;
(2) to change fund investment policy language from fundamental to
nonfundamental;
(3) to approve a new advisory agreement;
(4) to approve a new master sub-advisory agreement and to approve a new
master sub-sub-advisory agreement;
(5) to combine certain funds and transfer assets and liabilities;
(6) the ratification of independent accountants; and
(7) to elect twelve individuals to the Board of Trustees. The proxy
statement contains disclosure information about the proposals for which
votes are being solicited.

Please select one of the funds from the drop down menu below to read answers to
common questions regarding your fund's proxy vote, to view Prospectuses and
Annual Reports.

[GRAPHIC]

AIM Advisor Flex Fund
AIM Basic Value Fund
AIM Developing Markets Fund
AIM Euroland Growth Fund
AIM Floating Rate Fund
AIM Global Consumer Products and Services Fund
AIM Global Financial Services Fund
AIM Global Health Care Fund
AIM Global Infrastructure Fund
AIM Global Resources Fund
AIM Global Telecommunications and Technology Fund
AIM Global Trends Fund
AIM Japan Growth Fund
AIM Latin American Growth Fund
AIM Mid Cap Equity Fund
AIM Small Cap Growth Fund
AIM Strategic Income Fund
AIM Tax-Exempt Bond Fund of Connecticut

- --------------------------------------------------------------------------------

YOU MAY CAST YOUR VOTE BY ANY OF THE FOLLOWING METHODS:

[GRAPHIC]

Online Proxy Voting. Enter the 12-digit control number listed on the
proxy card, then follow the recorded instructions.

Complete and sign the proxy card and return it in the postage-paid
envelope provided in the shareholder mailing.

Call toll free 1-866-727-0852. Enter the 12-digit control number listed
on the proxy card, then follow the recorded instructions.

However you chose to vote, it is important that you vote now to save the expense
of additional solicitations.

- --------------------------------------------------------------------------------

IF YOU HAVE ANY QUESTIONS...

If you have any questions on the proxy or the voting process, please contact
your financial consultant or call AIM toll-free at 1-800-454-0327 any business
day between 7:30 a.m. and 5:30 p.m. Central Time.

If we do not receive your vote after a reasonable amount of time, a
representative from our proxy solicitation firm, Georgeson Shareholder
Communications Inc. may contact you to remind you to exercise your right to
vote.

- --------------------------------------------------------------------------------

[GRAPHIC] Copyright A I M Management Group Inc. All Rights Reserved.
7

PROXYCARD.COM
- -------------------------------------------------------------------------------

Welcome to Proxycard.com, the fastest and most convenient way to vote your
proxy--over the internet. To vote your shares, follow these four easy steps:

1. Review the proxy statement you received in the mail.
2. Enter the control number printed on your proxy card below.
3. Complete your internet proxy card and submit your vote. Don't forget to click
the "This Vote is correct'' button.
4. Print or save a copy of your confirmation for your records. You may also have
your confirmation emailed to you.

If you have more than one proxy card, you will need to vote each position
individually.

Enter a control number below (printed on your proxy card):

- ------------------

- ------
submit
- ------

8
PROXYCARD.COM
- --------------------------------------------------------------------------------

PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)

PROXY SOLICITED BY THE BOARD OF TRUSTEES OF

AIM ADVISOR FLEX FUND

(A PORTFOLIO OF AIM ADVISOR FUNDS)

PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD
AUGUST 17, 2001

THE UNDERSIGNED HEREBY APPOINTS ROBERT H. GRAHAM AND GARY T. CRUM, AND EACH OF
THEM SEPARATELY, PROXIES WITH THE POWER OF SUBSTITUTION TO EACH, AND HEREBY
AUTHORIZES THEM TO REPRESENT AND TO VOTE, AS DESIGNATED BELOW, AT THE SPECIAL
MEETING OF SHAREHOLDERS ON AUGUST 17, 2001, AT 3:00 P.M., CENTRAL TIME, AND AT
ANY ADJOURNMENT THEREOF, ALL OF THE SHARES OF THE FUND WHICH THE UNDERSIGNED
WOULD BE ENTITLED TO VOTE IF PERSONALLY PRESENT.

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES. THE TRUSTEES
RECOMMEND VOTING "FOR" THE APPROVAL OF THE PROPOSAL.

--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------

1. TO APPROVE AN AGREEMENT AND PLAN OF REORGANIZATION THAT PROVIDES FOR THE
COMBINATION OF AIM ADVISOR FLEX FUND, A PORTFOLIO OF AIM ADVISOR FUNDS, WITH
AIM BALANCED FUND, A PORTFOLIO OF AIM FUNDS GROUP.

[ ] FOR

[ ] AGAINST

[ ] ABSTAIN

2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.

------------------
Submit My Vote
------------------
9
PROXYCARD.COM
- --------------------------------------------------------------------------------

THIS IS YOUR COMPLETED PROXY CARD. SIGN AND SUBMIT YOUR
CARD BY CLICKING. "THIS VOTE IS CORRECT" AT THE BOTTOM OF THE
PAGE. TO MAKE CHANGES USE THE BUTTON BELOW. YOU MAY PRINT
OR SAVE THIS PAGE OR HAVE A CONFIRMATION OF YOUR VOTE
E-MAILED TO YOU.

PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)

PROXY SOLICITED BY THE BOARD OF TRUSTEES OF

AIM ADVISOR FLEX FUND

(A PORTFOLIO OF AIM ADVISOR FUNDS)

PROXY FOR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD
AUGUST 17, 2001

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES. THE TRUSTEES
RECOMMEND VOTING "FOR" THE APPROVAL OF THE PROPOSAL.

[X] FOR

[ ] AGAINST

[ ] ABSTAIN

2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.

Is this vote correct?

---------------------- ------------------
This Vote is Correct Change My Vote
---------------------- ------------------

[ ] Check this box and enter your e-mail address if you want to be
e-mailed a copy of your vote. A confirmation will be sent after you click
the "This Vote is Correct" button. E-mail:
------------------------

------------------------
11
PROXYCARD.COM
- --------------------------------------------------------------------------------

Your vote has been submitted.

If you would like to vote another proxy, enter a control number below:

- -------------

- ------
submit
- ------
12

Every Shareholder's Vote Is Important!

Dear Shareholder:

Please take time to participate in this extremely important proxy vote. Your
prompt participation is important and critical. If not enough shareholders
vote, it may be necessary to have a second proxy mailing involving
considerable expense.

Please note that you may have received MULTIPLE proxy cards. Please vote all
enclosed cards so your vote can be recorded promptly. We appreciate your
cooperation.

Thank You for Your Vote.

[AIM LOGO APPEARS HERE]

The enclosed proxy statement provides details on
important issues affecting your Fund.

The Fund's Board of Trustees recommends that you
vote "FOR" all the proposals.

TELEPHONE INTERNET MAIL

To vote by phone please: To vote by Internet please: To vote by mail please:
1. Read the Proxy Statement 1. Read the Proxy Statement 1. Read the Proxy Statement
and have your Proxy Card and have your Proxy Card and have your Proxy Card
available. available. available.
2. Call 1-866-727-0852 2. Go to www.aimfunds.com and 2. Return your completed Proxy
3. Enter the 12-digit control select Proxy Voting to access Card in the enclosed
number shown on your Proxy your fund. postage-paid envelope.
Card and follow the simple 3. Enter the 12-digit control
instructions. number shown on your Proxy
Card and follow the simple
instructions.

Thank you for your prompt vote.