Van Kampen Launches New IPO-Tracking UIT Product.CHICAGO -- Van Kampen Van Kampen may refer to:
LLC - Logical Link Control , the creator of the IPOX Indexes, with Van Kampen's expertise in developing unit trusts. "This is the first unit trust structured specifically around the IPOX-30 Index, providing advisors and their clients with a unique opportunity," said Jack Tierney, Director of Product Management at Van Kampen Unit Trusts. "This unit trust offers investors a conveniently packaged investment vehicle into an index of the 30 largest companies within the IPOX Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . The result is a smart way to access the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. secondary market." The IPOX-30 Index Portfolio will consist of the largest 30 companies ranked quarterly by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. in the IPOX Composite Index, a rules-based, weighted index that measures the performance of U.S. stocks that were the subject of an IPO within the last 1,000 trading days. The trust will not purchase stocks in an initial public offering at a stock's initial issuance price. The product launch marks the first collaboration between Van Kampen and IPOX Index creator Joseph Schuster Joseph Schuster (1903–1969) was born in Constantinople of Russian descent. On a trip through Russia, the famous Russian composer, Alexander Konstantinovich Glazunov (1865-1936), heard young Schuster and was impressed with his talent. . Schuster's research on the post-IPO performance of stocks led to the creation of the IPOX Indexes in August 2004. The trust will be set up as a regulated investment company Regulated investment company An investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and double taxation is avoided. for federal income tax purposes and has a 63-month product structure. The trust seeks to invest on an ongoing basis in substantially all of the stocks which comprise the IPOX-30 Index. The minimum investment in the trust is $1,000 but may vary by selling firm. Van Kampen is one of the nation's largest investment management companies, with more than $100 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. or supervision as of June 30, 2005. With roots in money management dating back to 1927, Van Kampen has helped more than four generations of investors work toward their financial goals. Please consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. To obtain a prospectus, contact your financial advisor or download one at vankampen.com. Please read the prospectus carefully before investing. Opinions and forecasts expressed by IPOX Schuster LLC are not necessarily those of Van Kampen Funds Inc., and may not actually come to pass. The IPOX-30 Index is the property of IPOX Schuster LLC, which is not affiliated with Van Kampen Funds Inc. IPOX Schuster LLC is being paid a license fee for the use of certain service marks. IPOX(TM) is a registered/pending international trademark of IPOX Schuster LLC. IPOX Indexes (patent pending). RISK CONSIDERATIONS There is no assurance that the trust will achieve its investment objective. The trust is subject to market risk, which is the possibility that the market values of the securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. Accordingly, you can lose money investing in this trust. There is no assurance that the performance or composition of the trust will match that of the target index. Stocks of companies that have recently conducted an initial public offering are often subject to extreme price volatility and speculative trading. These stocks may have exhibited above-average price appreciation in connection with the initial public offering prior to inclusion in the IPOX-30 Index or the trust. No one can guarantee that this will continue or that the performance of these stocks will replicate rep·li·cate v. 1. To duplicate, copy, reproduce, or repeat. 2. To reproduce or make an exact copy or copies of genetic material, a cell, or an organism. n. A repetition of an experiment or a procedure. the performance exhibited in the past. The IPOX-30 Index is concentrated in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. sector. There are certain risks specific to the financial services sector, including the potential adverse effects of economic recession, volatile interest rates and state and federal regulations. The IPOX-30 Index is concentrated in the healthcare industry. There are certain risks specific to healthcare companies such as governmental regulation and the risk that a product may never come to pass. |
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