AIM Management Group is letting its customers buy and sell mutual fund shares on-line.

Retail investors can choose from the Houston company's 55 domestic, international, and global funds.

The offering follows by several weeks a similar move by Massachusetts Financial Services of Boston. Alliance Capital Management rolled out the same service at the beginning of the year.

Separately, Invesco Funds Group, the no-load affiliate of AIM, last week began allowing shareholders to open accounts on-line. Amvescap PLC owns both companies.

-- Cheryl Winokur

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