Following a trend in the small-cap fund sector, AIM Advisors, Inc. a subsidiary of AIM Management Group, announced today that it will close its small-cap growth fund March 18. The fund had approximately $1.1 billion in assets under management as of March 4.

The product originally closed Nov. 8, 1999, but re-opened Aug. 20, 2001 when new investment opportunities arose in the small-cap universe, the company said in an announcement. AIM will re-close the fund to maintain its ability to efficiently operate and move in and out of small-cap stocks.

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