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SUPPLEMENT DATED JANUARY 11, 2000 TO THE
Prospectus dated September 28, 1999
Van Kampen Reserve Fund
Van Kampen World Portfolio Series Trust on behalf of its series:
Van Kampen Global Government Securities Fund
Prospectus dated October 28, 1999
Van Kampen Pace Fund
Van Kampen Tax Free Money Fund
The section of the inside back cover of the Prospectus entitled BOARD OF
TRUSTEES AND OFFICERS -- BOARD OF TRUSTEES is hereby supplemented by deleting
Richard M. DeMartini* and Don G. Powell* and adding Mitchell M. Merin* and
Richard F. Powers, III*, effective December 15, 1999.
* "Interested Persons" of the Fund, as defined in the Investment Company
Act of 1940, as amended.