AIM Basic Balanced ABBLAX

Morningstar Rating

Fund Research and Analysis

by Ryan Leggio

AIM Basic Balanced is better than it was before, but it is still not one of our first choices.

At the end of 2008, we described this moderate-allocation fund as "bold"; that's an adjective we rarely use to describe this fund's peers, which are designed to provide a smoother ride than an equity-only fund. Read more

Kudos

Experienced management. Read more

Risks

The fund's stock portion can hold it back over long stretches, because Bret Stanley's ideas sometimes take time to pan out.

Numerous execution errors in 2008 by both the bond and equity sleeve managers leave us concerned.

Shareholder must be prepared for a volatile ride. Read more

Strategy

Using the same approach as they do on AIM Basic Value GTVLX and others, the stock managers here use an intrinsic-value model to rank stocks' upside potential, and then they hold on until those names reach their target prices or until other stocks rank higher. Read more

Management

Bret Stanley leads the equity sleeve and decides how much of the portfolio should go to the new fixed-income skippers. The new comanagers are Chuck Burge and Cynthia Brien. They took the helm here in January 2009 after the previous team suffered numerous setbacks in 2008. Read more

Inside Scoop

A slew of fund mergers brought in most of this fund's current shareholders. AIM Balanced and AIM Total Return (formerly Invesco Total Return) merged into this fund in July 2005. Read more

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