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AIM Launches Raft of New Funds

Fresh offerings include a new tech fund and some foreign funds.

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Houston-based AIM Advisors launched five new mutual funds this week, including a new vehicle for the veteran technology investor it spirited away from another shop earlier this year.

The new funds include two new entries, AIM European Small Company and International Emerging Growth, in the arena of international small company investing. They also include a new Small Cap Equity fund, a new value offering the firm hopes will be nimble enough to go after smaller stocks, and a New Technology Fund, that will exploit the experience of Abel Garcia, the former veteran manager of the United Technology Fund (UNSCX) who defected to AIM from Waddell & Reed in April.

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Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.