Van Kampen Series 1164 registers Dow Jones Large Cap Growth units

By Toni Weeks

San Diego, Nov. 10 - Van Kampen Unit Trusts, Series 1164 has registered units of its Dow Jones Large Cap Growth Strategy 2011-4 portfolio, 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 capital appreciation by using an enhanced index strategy to select a portfolio of 20 stocks from the Dow Jones U.S. Large Cap Growth index.

As of the initial date of deposit, Nov.10, there is $148,479 of contracts to purchase securities. The 14,998 units each have a public offering price of $10 and a net asset value of $9.655.

Each unit will have a maximum sales charge of 2.95%, comprising 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 down to 1.2% depending on the amount of investment.

The trust has a mandatory termination date of Feb. 11, 2013.

© 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.