AIM Investments, Houston, has announced that a proposed reorganization of AIM Select Real Estate Income Fund as an open-end fund has been approved by shareholders of the fund.The reorganization will become effective as of March 12, the company said. Shareholders of the closed-end fund will receive class A shares of the open-end fund, and for 12 months after the March 12 closing date those who redeem class A shares of the open-end fund received in connection with the reorganization will pay a 2.00% redemption fee, AIM said. The company can be found online at http://www.aiminvestments.com.
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