Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers V > Headlines for Van Kampen Unit Trusts, Series 1191 > News item |
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.
© 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.