Van Kampen Launches Van Kampen Asset Allocation Funds.New Funds Offer Experienced Management Team with Rigorous Research-Driven Investment Approach CHICAGO -- Van Kampen Van Kampen may refer to:
An investment company that varies the proportion of its portfolio devoted to stocks, bonds, and money market securities in order to reduce the variability of returns and to take better advantage of different segments of the securities , a series of target risk open-end mutual funds: Van Kampen Asset Allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. Conservative Fund, Van Kampen Asset Allocation Moderate Fund and Van Kampen Asset Allocation Growth Fund. The Funds, each a fund of mutual funds, are portfolios of individual Van Kampen Funds spanning multiple asset classes and investment styles, employing a unique strategic asset allocation Strategic Asset Allocation A portfolio strategy that involves periodically rebalancing the portfolio in order to maintain a long-term goal for asset allocation. Notes: At the inception of the portfolio, a "base policy mix" is established based on expected returns. designed to achieve a targeted balance of risk and return. "The Van Kampen Asset Allocation Funds are an attractive option for investors seeking high levels of risk management experience and a disciplined investment strategy designed to meet their individual risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. ," said Mark Bavoso, Head of the Domestic Asset Allocation team, which he joined in 1988. "Using a time-tested approach, our team employs a rigorous research-driven process to determine the optimal asset allocation based on expected returns Expected Return The average of a probability distribution of possible returns, calculated by using the following formula: for various asset classes over a long-term horizon, for each Fund's risk level." Under Mr. Bavoso's leadership, the Funds are managed by the Domestic Asset Allocation team. The Domestic Asset Allocation team is part of the Firm's Global Asset Allocation Group, which has nearly 20 years of experience in applying process output and factor analysis to portfolio construction, manages (in aggregate) approximately $15 billion in assets for retail and institutional clients as of August 31, 2006. The Van Kampen Asset Allocation Conservative Fund, Van Kampen Asset Allocation Moderate Fund and Van Kampen Asset Allocation Growth Fund each seek a high level of long-term total return, consistent with a low, moderate and high level of risk, respectively. The Funds will pursue their investment objectives by investing in a distinctly-weighted combination of Van Kampen mutual funds which, in turn, invest in a variety of U.S. and foreign equity, fixed income and money market securities. "The launch of the Van Kampen Asset Allocation Funds demonstrates our ability to leverage the Firm's intellectual capital for the benefit of our clients," said Michael Kiley, President and Chief Executive Officer of Van Kampen Funds. "The Fund's managers are able to share investment research and ideas with the global asset allocation experts, providing a robust 'check and balance' network for all analysis and portfolio implementation." Van Kampen Funds Inc. is a subsidiary of Van Kampen Investments Inc. Van Kampen is one of the nation's largest investment management companies, with $110 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 August 31, 2006. With roots in money management dating back to 1927, Van Kampen has helped nearly four generations of investors achieve their financial goals. For more information, visit Van Kampen's Web site at www.vankampen.com. Please consider the investment objectives, risks, charges and expenses of the funds carefully before investing. The prospectus contains this and other information about the funds. To obtain a prospectus, contact your financial advisor. Please read the prospectus carefully before investing. Primary risks: There is no assurance that these mutual funds will achieve their investment objectives. The funds are subject to market risk, which is the possibility that the market values of the securities owned by the funds will decline and the value of each fund's shares may therefore be less than what you paid for them. Accordingly, you can lose money investing in these funds. Please be aware that these funds are subject to certain additional risks, including those associated with: Allocation risk: Each fund's ability to achieve its investment objective depends upon the investment adviser's analysis of macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. trends and asset class valuations and its ability to select the appropriate mix of underlying funds. There is risk that the investment adviser's evaluations and assumptions regarding macroeconomic trends, asset class valuations and selected underlying funds may be incorrect in view of actual market conditions. Risks of investing in the underlying funds: Each of the underlying funds in which the funds invest has its own investment risks, and those risks can affect the value of the underlying funds' shares and therefore the value of the fund's investments. In addition, there is no guarantee that the underlying funds will achieve their respective investment objectives. The underlying funds are subject to certain additional risks, including: Equity Funds: market risk, style-specific risk, sector risk, capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. risk, income risk. Fixed Income Funds: market risk, credit risk, income risk, call/prepayment risk, extension risk. Equity and Fixed Income Funds: foreign risks, risks of using derivative instruments Derivative instruments Contracts such as options and futures whose price is derived from the price of an underlying financial asset. , non-diversification risk and manager risk. Please see the funds' prospectuses for additional information. Van Kampen is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of a global securities firm engaged in a wide range of 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. including, for example, securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the and brokerage activities, investment banking, research and analysis, financing and financial profession services. Copyright [c]2006 Van Kampen Funds Inc. All Rights Reserved. Member NASD/SIPC. RN06-02831P-N09/06 |
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