Van Kampen's Series 1204 offers New World Leaders, Series 5 units

By Tali David

Minneapolis, March 22 - Van Kampen Unit Trusts, Series 1204 is offering units of its New World Leaders Portfolio, Series 5, 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 to provide current income and the potential for capital appreciation by investing in a portfolio of domestic stocks and American Depositary Receipts of leading global companies.

On the initial date of deposit, March 22, $148,434 in contracts to purchase securities comprises the trust. The 14,994 units each have a public offering price of $10 and a net asset value of $9.682. The estimated net annual income is $0.23743 per unit.

The units 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% depending on the amount of the investment.

The trust has a mandatory termination date of June 21, 2013.

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