Van Kampen's Series 1203 registers Technology Portfolio 2012-2 units

By Tali David

Minneapolis, March 6 - Van Kampen Unit Trusts, Series 1203 gave more details about the units of its Technology Portfolio 2012-2 registered in an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The portfolio will seek to provide capital appreciation by investing in a portfolio of stocks included in the Morgan Stanley Technology Index as of the close of business of the New York Stock Exchange on a date to be specified.

The units will each carry 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 sales charge may be reduced on a sliding scale to 1.2% based on the amount of the investment.

The trust will have an initial date of deposit in March.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.