HOUSTON AIM Management Group Inc.s advisory unit introduced a new long-term capital appreciation fund on Thursday.
The AIM Worldwide Spectrum Fund will invest in small-, mid-, and large-cap stocks in the United States and abroad. It will be able to invest in companies regardless of whether their stocks are considered growth or value instruments.
The fund will hold 60% to 80% of its assets in United States-issued equities and 20% to 40% in equities that are issued overseas. It will be managed by Joel Dobberpuhl and Clas G. Olsson.