Van Kampen Series 1179 registers five separate portfolios

By Toni Weeks

San Diego, Nov. 29 - Van Kampen Unit Trusts, Series 1179 has registered units of five portfolios, according to an S-6 filing with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The All Cap Core Strategy 2012-1, the Large Cap Core Strategy 2012-1, the Mid Cap Core Strategy 2012-1 and the Small Cap Core Strategy 2012-1 each seek capital appreciation; the S&P PowerPicks Portfolio 2012-1 seeks above-average total return.

The All Cap Core Strategy uses three separate enhanced index strategies to select a portfolio of 120 stocks, 40 using the Large Cap Core Strategy and 20 each using the Mid Cap Core and Small Cap Core strategies.

The Large Cap Growth Strategy uses two enhanced index strategies to select 40 stocks, 20 using the Large Cap Growth Strategy and 20 using the Large Cap Value Strategy.

The Mid Cap Growth Strategy also selects 40 stocks, 20 by using the Mid Cap Growth Strategy and 20 by using the Mid Cap Value Strategy.

Likewise, the Small Cap Growth Strategy uses two enhanced index strategies to select 40 stocks, 20 using the Small Cap Value Strategy and 20 using the Small Cap Growth Strategy.

The S&P PowerPicks Portfolio invests in a portfolio of stocks representing the collective "best ideas" by Standard & Poor's equity research staff.

Each 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.

All of the units will be priced at $10 each and will have an initial date of deposit in January and a termination date in 2013.

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