The AIM Independence Funds combine actively managed mutual funds and intelligent indexing, rather than market-cap-weighted indexing, the unit said.
Each fund offers broad asset class diversification, innovative portfolio construction, an affiliated multi-manager profile, and strategic institutional allocations, AIM said.
The funds use strategically selected PowerShares exchange-traded funds and AIM mutual funds, which are managed through eight Amvescap investment centers in the United States, Canada, and Europe. Each fund holds 15 to 21 underlying products.
