AIM Launches Global Real Estate Fund

AIM Investments has launched AIM Global Real Estate Fund and two Allocation Solutions Funds, the AIM Moderately Conservative Allocation Fund and the AIM Moderate Growth Allocation Fund.

AIM Global Real Estate Fund will reach out to a broader range of investors and give them an option to invest in real estate securities with the limited offering status of AIM Real Estate Fund, effective at the close of business on April 29.

Led by Joe Rodriguez Jr., AIM Global Real Estate Fund will seek to provide investors high total return through growth of capital and current income by investing in real estate securities worldwide.

"These new products continue our commitment to provide shareholders avenues for diversifying their portfolios," said Gene Needles, president and CEO of AIM Distributors.

AIM Moderately Conservative Allocation Fund and AIM Moderate Growth Allocation Fund give five multi-fund portfolios to investors looking for diversification and asset allocation solutions. AIM launched AIM Conservative Allocation Fund, AIM Moderate Allocation Fund, and AIM Aggressive Allocation Fund in 2004.

AIM Moderately Conservative Allocation Fund is meant for investors with a low-to-moderate risk tolerance, while AIM Moderate Growth Allocation fund would meet the needs of investors with a moderate-to-high risk tolerance and a priority on moderate-to-high relative returns. The fund seeks opportunities for capital growth through a variety of mostly equity investments, with some fixed-income investments.

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Money Management Executive
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