The new funds are: the AIM Large Cap Core Equity Fund, the AIM Mid Cap Basic Value Fund and the AIM Total Return Bond Fund.
The Large Cap Core Equity fund seeks long-term growth by investing in companies listed on the Russell 1000 Index. It will be managed by Roger Mortimer, Paul Rasplicka and Ronald Sloan.
The AIM Mid Cap Basic Value Fund is the fourth in AIMs line up of value funds which includes the AIM International Value, Large Cap Basic Value and Value I and II funds.
The new fund will be managed by Matthew Seinsheimer, Michael Simon and Bret Stanley.
The Total Return Bond Fund will invest primarily in bonds issued by companies listed on the Lehman Brothers Aggregate Index. It will also invest in U.S. Treasury and mortgage-backed securities. The funds objective is preservation of capital and it will be managed by Robert Alley, Jan Friedli and Scot Johnson.