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Van Kampen Series 1195 registers Select 10 Industrial Portfolio units
By Toni Weeks
San Diego, Jan. 31 - Van Kampen Unit Trusts, Series 1195 has registered units of its Select 10 Industrial Portfolio 2012-2, according to an S-6 amendment filed with the Securities and Exchange Commission.
The depositor is Houston-based Van Kampen Funds Inc.
The trust seeks above-average total return by investing in a portfolio of the 10 highest dividend-yielding stocks in the Dow Jones industrial average and holding them for a year.
Each $10 unit 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 sales charge may be reduced to 1.2% depending on the amount of investment.
The trust will have its inception date in March.
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