SUB-ITEM 77I



                       TERMS OF NEW OR AMENDED SECURITIES

                                AIM FUNDS GROUP


On April 30, 2004, AIM Fund Group (the "Trust") commenced operations of the
Institutional Class shares for the following funds: AIM Basic Balanced Fund and
AIM Mid Cap Basic Value Fund (each a "Fund" and collectively the "Funds").
Institutional Class shares are sold at net asset value. Shares of beneficial
interest of the Trust are redeemable at their net asset value (subject, in
certain circumstances, to a contingent deferred sales charge or redemption fee)
at the option of the shareholder or at the option of the Trust in certain
circumstances. Each share of a Portfolio generally has the same voting,
dividend, liquidation and other rights; however, each class of shares of a
portfolio is subject to different sales loads, conversion features, exchange
privileges and class-specific expenses. Only shareholder of a specific class
may vote on matters relating to that class' distribution plan. Shareholders of
each Portfolio are entitled to one vote per share (with proportionate voting
for fractional shares), irrespective of the relative net asset value of the
shares of a Portfolio. However, on matters affecting an individual Portfolio or
class of shares, a separate vote of shareholders of that Portfolio or class is
required. Shareholders of a Portfolio or class are not entitled to vote on any
matter which does not affect that Portfolio or class but that requires a
separate vote of another Portfolio or class. When issued, shares of each
Portfolio are fully paid and nonassessable, have no preemptive or subscription
rights and are freely transferable. Institutional shares do not have cumulative
voting rights, which means that in situations in which shareholders elect
trustees, holders of more than 50% of the shares voting for the election of
trustees can elect all of the trustees of the Trust, and the holders of less
than 50% of the shares voting for the election of trustees will not be able to
elect any trustees. Upon any liquidation of the Trust, shareholders of each
class are entitled to share pro rata in the net assets belonging to the
applicable Portfolio allocable to such class available for distribution after
satisfaction of outstanding liabilities of the Portfolio allocable to such
class.

Under Delaware law, shareholders of a Delaware business trust shall be entitled
to the same limitations of liability extended to shareholders of private
for-profit corporations. There is a remote possibility that shareholders could,
under certain circumstances, be held liable for the obligations of the Trust to
the extent the courts of another state which does not recognize such limited
liability were to apply the laws of such state to a controversy involving such
obligations. The Amended and Restated Agreement and Declaration of Trust (the
"the Trust Agreement") disclaims shareholder liability for acts or obligations
of the Trust and requires that notice of such disclaimer be given in each
agreement, obligation or instrument entered into or executed by the Trust or
the trustees to all parties, and each party thereto must expressly waive all
rights of action directly against shareholders of the Trust. The Trust
Agreement provides for indemnification out of the property of a Portfolio for
all losses and expenses of any shareholders of such Portfolio held liable on
account of being or having been a shareholder. Thus, the risk of a shareholder
incurring financial loss due to shareholder liability is limited to
circumstances in which a Portfolio is unable to meet its obligations and the
complaining party is not held to be bound by the disclaimer.