Proposal Mutual Fund Essay, Research Paper
The Company
AIM Funds is one of the nation’s largest and most successful mutual fund companies. Over the years, such funds as AIM Weingarten Fund, AIM Constellation Fund, and AIM Value Fund have become household words for millions of investors. AIM funds are sold through financial advisors as a reflection of the company’s belief that investors can benefit significantly from having the advice and guidance of a professional who can create investment plans to meet the individual needs of their clients.
As a member of the $357 billion AMVESCAP Group, AIM offers more than 50 mutual funds, multiple investment management styles, a broadened product range, and a variety of investment services. Managing global portfolios successfully requires insight into the intricacies of different markets, cultures, and financial systems, and AIM has access to more than 80 experienced portfolio managers and more than 100 analysts across the globe. In a rapidly expanding global marketplace, AIM is committed to making its management expertise and products available worldwide.
Company Background
Chairman Charles T. Bauer, President and CEO Robert H. Graham, and Director of Investments Gary T. Crum, all of whom remain active in the day-to-day management of the company, founded AIM on a dream and a vision. When AIM started out in 1976, the company had only a table, two chairs, and a telephone. The Houston-based company now has more than $160 billion in assets under management and more than 2,200 employees.
AIM’s foundation was built on innovative money-market and fixed-income products. In 1977, the company introduced the first underwritten high-yield bond fund. Three years later, AIM launched the first low-cost institutional money-market fund. Today, The AIM Family of Funds offers a full, diversified line of retail mutual funds and investment products for investors at all levels of risk tolerance.
AIM also serves many of the largest banks in the United States through trusts, pension funds, profit-sharing plans, securities-lending programs, and other custodial relationships. In addition, offshore funds are offered to non-resident alien investors through U.S. dollar-denominated funds based in Ireland. AIM also manages separately structured accounts for large investors.
Investment Discipline
What is an Investment Discipline? At AIM, it means a clearly defined strategy for selecting securities, applied consistently across our broad range of funds.
An investment discipline
+ follows a proven, systematic investment process,
+ relies on historical data instead of big-picture forecasts
+ and takes the emotion out of investment decisions.
Setting goals is essential to bettering oneself, especially with financial situations. Achieving these goals takes dedication. It takes discipline. And disciplined investing is the best way to describe how we manage money for millions of individual investors. For more in-depth information about our investment strategies .
Why AIM Funds?
Earning the trust and respect of millions of shareholders and their financial advisors is a challenge that we take very seriously. Our unwavering integrity is one of the reasons financial advisors have recommended AIM to over six million shareholders to manage their money.
EXPERIENCE
Our funds are run by over 80 experienced portfolio managers with an average of more than 13 years of industry experience. Investment decisions are made by teams of managers who collectively contribute ideas and help ensure management continuity. We collect research from a global network of over 100 analysts located in offices around the world.
LEADERSHIP
AIM is the eighth largest money manager in assets under management.* Assets under management have increased dramatically over the past decade to $160 billion.
GROWTH
As part of the $357 billion** AMVESCAP Group, AIM offers multiple management styles, a broad product range and a variety of investment services from which to choose. Our retail offerings include over 50 funds.
DISCIPLINE
While we are very proud of our past, our focus is on the future. We continue to expand investment choices and to build our expertise. Our future will be guided by our philosophy: Invest with DISCIPLINE.
*As of Dec. 31, 1999, according to independent mutual fund monitor Strategic Insight.
**As of Dec. 31, 1999