A.I.M. Users Bulletin Board

[Aim Or Bust]

Hi Cowboy,

While you are right it does use derivatives and futures, it is not to extend the gains of the fund, simply it is to get around the canadian foreign content rules. Here is a discussion of the underlying fund, I think you will see that it is acceptable:


Top 10 Holdings as of Jan 31, 2002
1. AVX Corp. 4.70

2. KLA-Tencor Corp. 4.06

3. USA Networks, Inc. 4.06

4. Nobel Biocare AB 3.72

5. Intuit Inc. 3.71

6. Minnesota Mining & Manufacturing Co. 3.67

7. Adobe Systems Inc. 3.19

8. PeopleSoft Inc. 3.07

9. Cognizant Technology Solutions Corp. 3.04

10. Capital One Financial Corp. 2.97





Historical annual compound rates of return
as of Feb 28, 2002

-23.3% -6.2% 3.3% 4.1%

$ 13,000 7,667 8,246 11,782 12,583



$ 6,500
$ 0
1 yr. 3 yr. 5 yr. Since Jun 03, 1996

An original investment of $10,000 (CDN$)





Distribution Report (18 Months Up To September 06, 2000)

Frequency of Income Distributions: Annually
Frequency of Capital Gain Distributions: Annually

Date Income
Dividend Capital
Gain Total
(Current Period) Trailing 12-
Months Total Reinvestment
Price
Dec 10, 1999 0.00 1.14 1.14 0.00 11.11


Investment Objectives

The Fund’s investment objective is to achieve strong capital growth over the long term. The Fund invests primarily in companies that create innovative products or services. AIM is not permitted by law to change the fundamental investment objective of any Fund without getting approval from the majority of unitholders of the Fund. For more information about restrictions on investment objectives, policies and practices, see the Annual Information Form.
Sector Allocation
as of Jan 31, 2002


1. Computer - software / services 24.13
2. Biotechnology 17.17
3. Other sectors 15.07
4. Electronics - semiconductors 11.56
5. Equipment - semiconductors 7.37
6. Communications, broadcasting and media 6.61
7. Business and consumer products / services 6.02
8. Electronic components 5.59
9. Medical technology 3.72
10. Cash and other net assets 2.76
Geographic Allocation
as of Jan 31, 2002


1. U.S. 88.04
2. Sweden 3.72
3. Cash and other net assets 2.76
4. Netherlands 2.33
5. Japan 1.43
6. Canada 0.89
7. U.K. 0.83