Van Kampen Unit Trusts, Series 1191 registers units

By Toni Weeks

San Diego, Jan. 4 - Van Kampen Unit Trusts, Series 1191 has registered units of its Alternatives Allocation Portfolio 2012-1, according to an S-6 filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The unit investment trust seeks capital appreciation by investing in a portfolio of securities considered to have low correlation to U.S. equity and bond markets. The portfolio invests in exchange-traded funds, open-end funds and closed-end funds that will be selected by Ibbotson Associates, Inc.

The trust has planned an inception date for February.

The $10 units will have a maximum sales charge of 2.95%, consisting of a 1% initial sales charge, a 1.45% deferred sales charge and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 1.2% depending on the amount of the investment.

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