Van Kampen Series 1170 registers units, has two portfolios

By Toni Weeks

San Diego, Dec. 8 - Van Kampen Unit Trusts, Series 1170 has registered units of its two portfolios, the ETF Allocation Portfolio, Series 9 and the ETF Diversified Income Portfolio, Series 7, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Houston-based Van Kampen Funds Inc.

The ETF Allocation Portfolio seeks above-average capital appreciation by investing in a portfolio containing exchange-traded notes as well as exchange-traded funds that invest in stocks and fixed-income securities. The portfolio provides broad market exposure to focused equity and fixed-income styles through the use of ETFs.

As of the initial date of deposit, Dec. 8, $149,044 of contracts to purchase securities comprises the portfolio. The 15,055 units each have a public offering price of $10 and a net asset value of $9.655. The estimated net annual income is $0.25251 per unit.

The ETF Diversified Income Portfolio seeks above-average capital appreciation with high current income by investing in a portfolio that consists of exchange-traded funds that invest in stocks and fixed-income securities. Like the ETF Allocation, it provides broad market exposure to focused equity and fixed-income styles through the use of ETFs.

On Dec. 8, $149,041 of contracts to purchase securities comprises the portfolio. The 15,055 units each have a public offering price of $10 and net asset value of $9.655. The estimated net annual income is $0.47176 per unit.

All Series 1170 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 sales charge may be reduced to 1.2% depending on the amount of investment.

The trust has a mandatory termination date of March 8, 2013.

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