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AIM Euroland Growth Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of Trustees
o Proposal for Approval of a New Investment Advisory Agreement
o Proposal for Approval of a New Sub-Advisory Agreement
o Proposal to Change Fundamental Investment Restrictions
o Proposal to Make the Investment Objective Non-Fundamental
o Proposal for Ratification of Selection of Independent Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
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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
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the
general oversight of the fund's business and for assuring that the
fund is managed in the best interests of the fund's shareholders.
Details are presented in the section of the proxy statement titled,
"Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors, Inc.
("AIM"). Details are presented in the section of the proxy statement
titled, "Approval of a New Investment Advisory Agreement".
o Approving a new master sub-advisory agreement between A I M Advisors,
Inc. and INVESCO Asset Management Limited for AIM Euroland Growth
Fund. Details are presented in the section of the proxy statement
titled, "Approval of New Sub-Advisory Agreement".
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Approving making the investment objective of the Fund non-fundamental.
Details are presented in the section of the proxy statement titled,
"Approval of Making the Fund's Investment Objective non-fundamental".
o Ratifying the board's selection of independent accountants. Details
are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as
Independent Accountants".
AIM encourages you to read your proxy statement and other information on this
website very carefully to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency
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of language and policy across funds in The AIM Family of Funds--Registered
Trademark--. These changes also provide the funds with increased flexibility to
make changes in the future without incurring the expense of a shareholder
meeting.
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 appropriate 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.
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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
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Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
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Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
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 a new advisory agreement between AIM and the
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
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Proposal for Approval of a New Sub-Advisory Agreement
o What am I being asked to vote on?
o How does the proposed new sub-advisory agreement differ from the
current sub-advisory agreement?
o Will the new sub-advisory agreement change the way my fund is managed?
o How does the board recommend that I vote on this proposal?
WHAT AM I BEING ASKED TO VOTE ON?
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You are being asked to approve a new sub-advisory agreement between AIM and your
fund's current sub-advisor. The fund's current sub-advisor is INVESCO Asset
Management Limited ("IAML"). Both IAML and AIM are subsidiaries of AMVESCAP. The
current sub-advisory agreement, among other things, authorizes IAML to manage
the investment and reinvestment of all assets, determine what securities to
purchase or sell and provide investment analysis and research. The sub-advisory
agreement can only be amended with shareholder approval.
Back to Questions
HOW DOES THE PROPOSED NEW SUB-ADVISORY AGREEMENT DIFFER FROM THE CURRENT
SUB-ADVISORY AGREEMENT?
Among other things, it clarifies that the sub-advisor will provide a continuous
investment program to all or a portion of the securities, investments and cash
of the fund, and maintain compliance procedures. It also revises the
compensation section so that the sub-advisor would receive an annual fee equal
to a percentage of AIM's compensation on the sub-advised assets.
Back to Questions
WILL THE NEW SUB-ADVISORY AGREEMENT CHANGE EITHER WAY MY FUND IS MANAGED?
AIM does not expect the new sub-advisory agreement to have a significant input
on your fund's day-to-day management.
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
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Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
o How does the board recommend that I vote on this proposal?
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WHAT AM I BEING ASKED TO VOTE ON?
You are being asked to approve changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the fund with the
ability to operate under new interpretations of the Investment Company
Act of 1940 or pursuant to exemptive relief from the Securities and
Exchange Commission without receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Approval of
Changes to the Fundamental Investment Restrictions".
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE ON THIS PROPOSAL?
The board recommends that you vote FOR this proposal.
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Back to Questions
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Proposal to Make the Investment Objective Non-Fundamental
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
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 a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
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Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
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Details are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as Independent
Accountants".
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
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[GRAPHIC] Copyright A I M Management Group Inc. All Rights Reserved.
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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
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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.
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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.
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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
- ------
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PROXYCARD.COM
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PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM EUROLAND GROWTH FUND
(A PORTFOLIO OF AIM GROWTH SERIES)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM GROWTH SERIES,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
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2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
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4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION FOR PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
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Submit My Vote
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PROXYCARD.COM
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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 EUROLAND GROWTH FUND
(A PORTFOLIO OF AIM GROWTH SERIES)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM GROWTH SERIES,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
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01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
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4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION FOR PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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?
---------------------
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This Vote is Correct Change My Vote
-------------------- --------------
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[ ] 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:
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PROXYCARD.COM
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Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
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submit
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AIM Mid Cap Equity Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of Trustees
o Proposal for Approval of a New Investment Advisory Agreement
o Proposal to Change Fundamental Investment Restrictions
o Proposal to Make the Investment Objective Non-Fundamental
o Proposal for Ratification of Selection of Independent Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
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o You may attend the meeting in person and vote your shares there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the
general oversight of the fund's business and for assuring that the
fund is managed in the best interests of the fund's shareholders.
Details are presented in the section of the proxy statement titled,
"Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors, Inc.
("AIM"). Details are presented in the section of the proxy statement
titled, "Approval of New Investment Advisory Agreement".
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Ratifying the board's selection of independent accountants. Details
are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as
Independent Accountants".
AIM encourages you to read your proxy statement and other information very
carefully on this website to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of Funds(R).
These changes also provide the funds with increased flexibility to make changes
in the future without incurring the expense of a shareholder meeting.
Back to Questions
23
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 appropriate 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
24
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
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 a new advisory agreement between AIM and the
25
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
Back to Questions
26
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the fund with the
ability to operate under new interpretations of the Investment Company
Act of 1940 or pursuant to exemptive relief from the Securities and
Exchange Commission without receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Approval of
Changes to the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
Proposal to Make the Investment Objective Non-Fundamental
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
o How does the board recommend that I vote on this proposal?
27
WHAT AM I BEING ASKED TO VOTE ON?
You are being asked to approve a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as Independent
Accountants".
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.
28
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.
- --------------------------------------------------------------------------------
29
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.
30
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
- ------
31
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM MID CAP EQUITY FUND
(A PORTFOLIO OF AIM GROWTH SERIES)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM GROWTH SERIES,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
32
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4A. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4B. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4C. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4D. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4E. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4F. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
33
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4G. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4H. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION FOR PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
34
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 MID CAP EQUITY FUND
(A PORTFOLIO OF AIM GROWTH SERIES)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM GROWTH SERIES,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
35
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
-------------------
-------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
36
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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:
------------------------
------------------------
37
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
38
AIM Global Trends Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of
Trustees
o Proposal for Approval of a New Investment
Advisory Agreement
o Proposal to Change Fundamental Investment
Restrictions
o Proposal to Make the Investment Objective Non-
Fundamental
o Proposal for Ratification of Selection of
Independent Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
39
o You may attend the meeting in person and vote your shares there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the
general oversight of the fund's business and for assuring that the
fund is managed in the best interests of the fund's shareholders.
Details are presented in the section of the proxy statement titled,
"Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors, Inc.
("AIM"). Details are presented in the section of the proxy statement
titled, "Approval of a New Investment Advisory Agreement."
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Ratifying the board's selection of independent accountants. Details
are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as
Independent Accountants".
AIM encourages you to read your proxy statement very carefully and other
information on this website to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of
Funds--Registered Trademark--. These changes also provide the funds with
increased flexibility to make changes in the future without incurring the
expense of a shareholder meeting.
Back to Questions
40
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 appropriate 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".
41
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
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 a new advisory agreement between AIM and the
42
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
Back to Questions
43
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the fund with
ability to operate under new interpretations of the Investment Company
Act of 1940 or pursuant to exemptive relief from the Securities and
Exchange Commission without receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Approval of
Changes to the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
Proposal to Make the Investment Objective Non-Fundamental
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
o How does the board recommend that I vote on this proposal?
44
WHAT AM I BEING ASKED TO VOTE ON?
You are being asked to approve a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as Independent
Accountants".
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.
45
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.
- --------------------------------------------------------------------------------
46
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.
47
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
- ------
48
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM GLOBAL TRENDS FUND
(A PORTFOLIO OF AIM SERIES TRUST)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------
Click to Vote FOR all Proposals.
--------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM SERIES TRUST,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
49
-----------------------
-----------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE.
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE.
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
NOT APPLICABLE.
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
NOT APPLICABLE.
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
NOT APPLICABLE.
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
50
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
NOT APPLICABLE.
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
51
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 GLOBAL TRENDS FUND
(A PORTFOLIO OF AIM SERIES TRUST)
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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM SERIES TRUST,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
52
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
NOT APPLICABLE
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
NOT APPLICABLE
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
NOT APPLICABLE
53
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
NOT APPLICABLE
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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:
------------------------
------------------------
54
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
55
AIM Global Health Care Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of
Trustees
o Proposal for Approval of a New Investment
Advisory Agreement
o Proposal to Change Fundamental Investment
Restrictions
o Proposal to Make the Investment Objective Non-
Fundamental
o Proposal for Ratification of Selection of
Independent Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
56
o You may attend the meeting in person and vote your shares there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the
general oversight of the fund's business and for assuring that the
fund is managed in the best interests of the fund's shareholders.
Details are presented in the section of the proxy statement titled,
"Election of Trustees".
o Approving a new advisory agreement with A I M Advisors, Inc. ("AIM").
Details are presented in the section of the proxy statement titled,
"Approval of a New Investment Advisory Agreement".
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Approving making the investment objective of the Fund non-fundamental.
Details are presented in the section of the proxy statements titled,
"Approval of making the Fund's Investment Objective Non-Fundamental".
o Ratifying the board's selection of independent accountants. Details
are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as
Independent Accountants".
AIM encourages you to read your proxy statement and other information very
carefully on this website to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of
Funds--Registered Trademark--. These changes also provide the funds with
increased flexibility to make changes in the future without incurring the
expense of a shareholder meeting.
57
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 appropriate 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.
58
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
59
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 a new advisory agreement between AIM and the
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
60
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the Fund with the
ability to operate under new interpretations of the Investment Company
Act of 1940 or pursuant to exemptive relief from the Securities and
Exchange Commission without receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, the
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled "Changes to
the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
61
Proposal to Make the Investment Objective Non-Fundamental
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
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 a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled "Ratification
of Selection of PricewaterhouseCoopers LLP as Independent Accountants".
Back to Questions
62
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.
63
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.
- --------------------------------------------------------------------------------
64
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.
65
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
- ------
66
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM GLOBAL HEALTH CARE FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF THE PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT
FUNDS, EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND
QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
67
-----------------------------
-----------------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4A. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4B. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4C. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4D. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4E. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4F. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
68
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4G. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4H. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION FOR PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
69
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 GLOBAL HEALTH CARE FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
70
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
-------------------
-------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
71
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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:
------------------------
------------------------
72
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
73
AIM Global Telecommunications and Technology Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of Trustees
o Proposal for Approval of a New Investment Advisory Agreement
o Proposal for Changing Fundamental Investment Restrictions
o Proposal to Make the Investment Objective Non-Fundamental
o Proposal for Ratification of Selection of Independent
Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
74
o You may attend the meeting in person and vote your shares
there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for
the general oversight of the fund's business and for assuring
that the fund is managed in the best interests of the fund's
shareholders. Details are presented in the section of the
proxy statement titled, "Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors,
Inc. ("AIM"). Details are presented in the section of the
proxy statement titled, "Approval of a New Investment Advisory
Agreement".
o Approving changes to fundamental investment restrictions of
the Fund. Details are presented in the section of the proxy
statement titled, "Approval of Changes to Fund's Fundamental
Investment Restrictions".
o Approving making the investment objective of the Fund
non-fundamental. Details are presented in the section of the
proxy statement titled, "Approval of Making the Fund's
Investment Objective Non-Fundamental."
o Ratifying the board's selection of independent accountants.
Details are presented in the section of the proxy statement
titled, "Ratification of Selection of PricewaterhouseCoopers
LLP as Independent Accountants".
AIM encourages you to read your proxy statement and other information on this
website very carefully to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of
Funds--Registered Trademark--. These changes also provide the funds with
increased flexibility to make changes in the future without incurring the
expense of a shareholder meeting.
75
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 appropriate 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.
76
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
77
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 a new advisory agreement between AIM and the
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal for Changing Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
78
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the Fund
with the ability to operate under new interpretations of the
Investment Company Act of 1940 or pursuant to exemptive relief
from the Securities and Exchange Commission without receiving
prior shareholder approval.
o The proposed changes will make investment restrictions more
consistent across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Changes to
the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
Proposal to Make the Investment Objective Non-Fundamental
79
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
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 a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled "Ratification
of Selection of PricewaterhouseCoopers LLP as Independent Accountants".
Back to Questions
80
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.
81
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.
- --------------------------------------------------------------------------------
82
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.
83
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
- ------
84
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM GLOBAL TELECOMMUNICATIONS
AND
TECHNOLOGY FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
85
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
--------------------------------------
--------------------------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
86
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
87
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 GLOBAL TELECOMMUNICATIONS
AND
TECHNOLOGY FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
88
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
89
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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
-------------------- --------------
90
[ ] Check this box and enter your e-mail address if you want to be
e-mailed a copy of your vote. A confirmation wil be sent after you click
the "This Vote is Correct" button. E-mail:
------------------
------------------
91
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
92
AIM Developing Markets Fund
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of Trustees
o Proposal for Approval of a New Investment Advisory Agreement
o Proposal for Approval of a New Sub-Advisory Agreement
o Proposal to Change Fundamental Investment Restrictions
o Proposal to Make the Investment Objective Non-Fundamental
and Changing the Investment Objective
o Proposal for Ratification of Selection of Independent Accountants
Related Links
[ ] Proxy Statement (PDF)
[ ] Prospectus
[ ] Annual Report (PDF)
[ ] Back to Proxy Information
[ ] Online Proxy Voting
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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
93
number from your proxy card.
o You may attend the meeting in person and vote your shares there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the general
oversight of the fund's business and for assuring that the fund is managed
in the best interests of the fund's shareholders. Details are presented in
the section of the proxy statement titled, "Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors, Inc. ("AIM").
Details are presented in the section of the proxy statement titled,
"Approval of a New Investment Advisory Agreement".
o Approving of a new master sub-advisory agreement between AIM and INVESCO
Asset Management Limited for AIM Developing Markets Fund. Details are
presented in the section of the proxy statement titled, "Approval of New
Sub-Advisory Agreement".
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Approving making the investment objective of the Fund non-fundamental and
changing the investment objectives. Details are presented in the section
of the proxy statement titled, "Approval of Making the Fund's Investment
Objective Non-Fundamental and Changing the Investment Objectives".
o Ratifying the board's selection of independent accountants. Details are
presented in the section of the proxy statement titled, "Ratification of
Selection of PricewaterhouseCoopers LLP as Independent Accountants".
AIM encourages you to read your proxy statement and other information on this
website very carefully to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends thatyou vote FOR all the proposals on the proxy card.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of
Funds--Registered Trademark--. These changes also provide the
94
funds with increased flexibility to make changes in the future without incurring
the expense of a shareholder meeting.
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 appropriate 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.
95
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
96
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 a new advisory agreement between AIM and the
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Sub-Advisory Agreement
o What am I being asked to vote on?
o How does the proposed new sub-advisory agreement differ from the current
sub-advisory agreement?
o Will the new sub-advisory agreement change the way my fund is managed?
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 a new sub-advisory agreement between AIM and your
fund's current sub-advisor. The fund's current sub-advisor is INVESCO Asset
Management Limited ("IAML"). Both IAML and AIM are subsidiaries of AMVESCAP. The
current sub-advisory agreement, among other things, authorizes IAML to manage
the investment and reinvestment of all assets, determine what securities to
purchase or sell and provide investment analysis
97
and research. The sub-advisory agreement can only be amended with shareholder
approval.
Back to Questions
HOW DOES THE PROPOSED NEW SUB-ADVISORY AGREEMENT DIFFER FROM THE CURRENT
SUB-ADVISORY AGREEMENT?
Among other things, it clarifies that the sub-advisor will provide a continuous
investment program to all or a portion of the securities, investments and cash
of the fund, and maintain compliance procedures. It also revises the
compensation section so that the sub-advisor would receive an annual fee equal
to a percentage of AIM's compensation on the sub-advised assets.
Back to Questions
WILL THE NEW SUB-ADVISORY AGREEMENT CHANGE THE WAY MY FUND IS MANAGED?
AIM does not expect the new sub-advisory agreement to have a significant input
on your fund's day-to-day management.
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
- --------------------------------------------------------------------------------
Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
Back to Questions
98
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed restrictions will provide the fund with the ability to
operate under new interpretations of the Investment Company Act of 1940 or
pursuant to exemptive relief from the Securities and Exchange Commission
with receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Changes to
the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
Proposal to Make the Investment Objective Non-Fundamental and Changing the
Investment Objective
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
99
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 changes to your fund's investment objective to
make it non-fundamental and to eliminate the phrase "to the extent consistent
with seeking growth of capital" from the end of the old investment objective.
The Board believes this phrase to be redundant, and therefore considers this
change to be an elimination of minor wording differences among similar AIM
Funds.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE ON THIS PROPOSAL?
The board recommends that you vote FOR all the proposals on the proxy card.
Back to Questions
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as Independent
Accountants".
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE ON THIS PROPOSAL?
100
The board recommends that you vote FOR this proposal.
Back to Questions
- --------------------------------------------------------------------------------
101
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.
- --------------------------------------------------------------------------------
102
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.
103
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
- ------
104
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM DEVELOPING MARKETS FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
105
-------------------
-------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
106
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVE OF THE FUND NON-FUNDAMENTAL
AND CHANGING THE INVESTMENT OBJECTIVES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
107
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 DEVELOPING MARKETS FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT
FUNDS, EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND
QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
108
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
--------------------------------------
--------------------------------------
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
109
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVES OF THE FUND NON-FUNDAMENTAL AND
CHANGING THE INVESTMENT OBJECTIVES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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
110
the "This Vote is Correct" button. E-mail:
--------------------------------------
--------------------------------------
111
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
112
AIM Strategic Income Fund
RELATED LINKS
[ ] Proxy Statement
(PDF)
[ ] Prospectus
[ ] Annual Report
(PDF)
[ ] Back to Proxy
Information
[ ] Online Proxy
Voting
QUESTIONS & ANSWERS
o General Questions & Answers
o Election of Twelve Individuals to the Board of Trustees
o Proposal for Approval of a New Investment Advisory Agreement
o Proposal to Change Fundamental Investment Restrictions
o Proposal to Make the Investment Objective Non-Fundamental
o Proposal for Ratification of Selection of Independent Accountants
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 What kinds of changes are being proposed?
o How does the board recommend that I vote?
o Will these changes alter the way my fund is managed?
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.
113
o You may attend the meeting in person and vote your shares there.
Back to Questions
WHAT KINDS OF CHANGES ARE BEING PROPOSED?
You are asked to vote on:
o Electing trustees of your fund. Trustees are responsible for the
general oversight of the fund's business and for assuring that the
fund is managed in the best interests of the fund's shareholders.
Details are presented in the section of the proxy statement titled,
"Election of Trustees".
o Approving of a new advisory agreement with A I M Advisors, Inc.
("AIM"). Details are presented in the section of the proxy statement
titled, "Approval of a New Investment Advisory Agreement".
o Approving changes to fundamental investment restrictions of the Fund.
Details are presented in the section of the proxy statement titled,
"Approval of Changes to Fund's Fundamental Investment Restrictions".
o Approving making the investment objective of the Fund non-fundamental.
Details are presented in the section of the proxy statements titled,
"Approval of Making the Fund's Investment Objective".
o Ratifying the board's selection of independent accountants. Details
are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as
Independent Accountants".
AIM encourages you to read your proxy statement and other information on this
website very carefully to see which specific changes are proposed.
Back to Questions
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The board recommends that you vote FOR all proposals.
Back to Questions
WILL THESE CHANGES ALTER THE WAY MY FUND IS MANAGED?
AIM does not expect these changes to have a significant impact on your fund's
day-to-day management. Many of the proposed changes are designed to improve the
consistency of language and policy across funds in The AIM Family of
Funds--Registered Trademark--. These changes also provide the funds with
increased flexibility to make changes in the future without incurring the
expense of a shareholder meeting.
114
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 appropriate 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.
115
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
- --------------------------------------------------------------------------------
Election of Twelve Individuals to the Board of Trustees
o What am I being asked to vote on?
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 elect twelve individuals to the board of trustees. The
board has determined that it would be beneficial to have a board larger than
three trustees. Expansion of the Board requires shareholder approval because,
under the Investment Company Act of 1940, the Board may fill vacancies or
appoint new trustees only, if, immediately thereafter, at least two-thirds of
the trustees will have been elected by shareholders.
Details are presented in the section of the proxy statement, "Election of
Trustees".
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
- --------------------------------------------------------------------------------
Proposal for Approval of a New Investment Advisory Agreement
o What am I being asked to vote on?
o What effect would it have on the fund's fee schedule?
116
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 a new advisory agreement between AIM and the
company of which your fund is a series. The advisory agreement authorizes AIM to
act as investment advisor for the fund and to supervise all aspects of the
fund's operations, including the investment and reinvestment of the cash,
securities or other properties that comprise the fund's assets, subject at all
times to the polices and control of the trustees. The advisory agreement can
only be amended with shareholder approval.
Back to Questions
WHAT EFFECT WOULD IT HAVE ON THE FUND'S FEE SCHEDULE?
The revised advisory agreement would not change the fee schedule applicable to
your fund, but it would allow AIM to request an additional fee for
administrative services performed in connection with securities lending. Any
such additional fee would require approval by the fund's board and would be
deducted from any additional income generated from securities lending
activities.
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
- --------------------------------------------------------------------------------
Proposal to Change Fundamental Investment Restrictions
o What am I being asked to vote on?
o What is the difference between a fundamental restriction and a
non-fundamental restriction?
o Why are these changes being proposed?
o Where can I find further details about these changes?
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 changes to your fund's fundamental investment
restrictions. There are a number of investment restrictions that would be
changed, and it would be impossible to summarize all of them here. We encourage
you to read your proxy statement very carefully.
117
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL RESTRICTION AND A NON-FUNDAMENTAL
RESTRICTION?
A fundamental restriction can be changed only with the approval of both the
fund's board and its shareholders, through a proxy such as this one. A
non-fundamental restriction can be changed with approval of only the fund's
board.
Back to Questions
WHY ARE THESE CHANGES BEING PROPOSED?
o The proposed fundamental restrictions will provide the Fund with the
ability to operate under new interpretations of the Investment Company
Act of 1940 or pursuant to exemptive relief from the Securities and
Exchange Commission without receiving prior shareholder approval.
o The proposed changes will make investment restrictions more consistent
across all AIM funds.
Accordingly, the board believes changing these restrictions will enable the fund
to be managed more efficiently. In addition, this change will reduce the number
of restrictions that require a shareholder vote to be changed. Therefore, each
fund will be able to avoid the cost and delays associated with such a vote, and
thus be more flexible in the future.
Back to Questions
WHERE CAN I FIND FURTHER DETAILS ABOUT THESE CHANGES?
Details are provided in the section of the proxy statement titled, "Approval of
Changes to the Fundamental Investment Restrictions".
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
- --------------------------------------------------------------------------------
Proposal to Make the Investment Objective Non-Fundamental
118
o What am I being asked to vote on?
o What is the difference between a fundamental objective and a
non-fundamental objective?
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 a change to your fund's investment objective to
make it non-fundamental.
Back to Questions
WHAT IS THE DIFFERENCE BETWEEN A FUNDAMENTAL OBJECTIVE AND A NON-FUNDAMENTAL
OBJECTIVE?
A fundamental objective can be changed only with approval of both the fund's
board and its shareholders, through a proxy statement such as this one. If the
fund's investment objective is non-fundamental, the board will be able to change
your fund's investment objective in the future without incurring the time and
costs of a shareholder vote.
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
- --------------------------------------------------------------------------------
Proposal for Ratification of Selection of Independent Accountants
o What am I being asked to vote on?
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 ratify the board's selection of PricewaterhouseCoopers
LLP as independent accountants for the fund for the fiscal year ending in 2001.
Details are presented in the section of the proxy statement titled,
"Ratification of Selection of PricewaterhouseCoopers LLP as Independent
Accountants".
Back to Questions
119
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.
120
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.
- --------------------------------------------------------------------------------
121
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.
122
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
- ------
123
PROXYCARD.COM
- --------------------------------------------------------------------------------
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM STRATEGIC INCOME FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
--------------------------------------
Click to vote FOR all Proposals.
--------------------------------------
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
-------------------
-------------------
124
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
125
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVES OF THE FUND NON-FUNDAMENTAL.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION FOR PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
7. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY
COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
--------------
Submit My Vote
--------------
126
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 STRATEGIC INCOME FUND
(A PORTFOLIO OF AIM INVESTMENT 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" EACH TRUSTEE AND "FOR" THE APPROVAL OF EACH OTHER
PROPOSAL.
1. TO ELECT TWELVE INDIVIDUALS TO THE BOARD OF TRUSTEES OF AIM INVESTMENT FUNDS,
EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND QUALIFIED:
[X] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click "FOR ALL EXCEPT" and
type the nominee's number in the box below.
127
01. Robert H. Graham 07. Edward K. Dunn, Jr.
02. Frank S. Bayley 08. Jack M. Fields
03. Ruth H. Quigley 09. Carl Frischling
04. Bruce L. Crockett 10. Prema Mathai-Davis
05. Owen Daly II 11. Lewis F. Pennock
06. Albert R. Dowden 12. Louis S. Sklar
2. TO APPROVE A NEW INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS, INC.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
3. TO APPROVE A NEW SUB-ADVISORY AGREEMENT BETWEEN A I M ADVISORS, INC. AND
INVESCO ASSET MANAGEMENT LIMITED.
NOT APPLICABLE
4. TO APPROVE CHANGING THE FUND'S FUNDAMENTAL INVESTMENT RESTRICTIONS.
4a. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PORTFOLIO DIVERSIFICATION.
NOT APPLICABLE
4b. MODIFICATION OF FUNDAMENTAL RESTRICTION ON ISSUING SENIOR SECURITIES AND
BORROWING MONEY.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4c. MODIFICATION OF FUNDAMENTAL RESTRICTION ON UNDERWRITING SECURITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4d. MODIFICATION TO OR ADDITION OF FUNDAMENTAL RESTRICTION ON INDUSTRY
CONCENTRATION.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
128
4e. MODIFICATION OF FUNDAMENTAL RESTRICTION ON REAL ESTATE INVESTMENTS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4f. MODIFICATION OF FUNDAMENTAL RESTRICTION ON PURCHASING OR SELLING
COMMODITIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4g. MODIFICATION OF FUNDAMENTAL RESTRICTION ON MAKING LOANS.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
4h. MODIFICATION OF FUNDAMENTAL POLICY ON INVESTMENT IN INVESTMENT COMPANIES.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
5. TO APPROVE MAKING THE INVESTMENT OBJECTIVES OF THE FUND NON-FUNDAMENTAL.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
6. TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
ACCOUNTANTS FOR THE FISCAL YEAR ENDING IN 2001.
[X] FOR
[ ] AGAINST
[ ] ABSTAIN
7. 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:
------------------
------------------
129
PROXYCARD.COM
- --------------------------------------------------------------------------------
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
- -------------
- -------------
- ------
submit
- ------
130
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]
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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.