<PAGE> 1
VAN KAMPEN TAX FREE MONEY FUND
SUPPLEMENT DATED APRIL 24, 2000 TO THE
PROSPECTUS DATED OCTOBER 28, 1999,
SUPERCEDING THE SUPPLEMENT DATED JANUARY 11, 2000
The Prospectus is hereby supplemented as follows:
(1) The information on the inside back cover of the Prospectus under the
heading "BOARD OF TRUSTEES AND OFFICERS--BOARD OF TRUSTEES" is hereby amended by
deleting Paul G. Yovovich, effective April 14, 2000, and by deleting and
replacing Richard M. DeMartini* and Don G. Powell, III*, with Mitchell M. Merin*
and Richard F. Powers, III*, effective December 15, 1999.
(2) The information on the inside back cover of the Prospectus under the
heading "BOARD OF TRUSTEES AND OFFICERS--OFFICERS" is hereby amended by deleting
all information pertaining to Curtis W. Morell* and Tanya M. Loden*, effective
January 31, 2000, Dennis J. McDonnell*, effective March 31, 2000, and by
deleting and replacing Stephen L. Boyd's title of Vice President with Executive
Vice President and Chief Investment Officer, and Edward C. Wood III*, Vice
President, with John H. Zimmermann, III*, Vice President, effective April 17,
2000.
(3) The independent accountants information on the inside back cover of the
Prospectus under the heading "FOR MORE INFORMATION" is hereby deleted in its
entirety.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
<PAGE> 2
VAN KAMPEN TAX FREE MONEY FUND
SUPPLEMENT DATED APRIL 24, 2000 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED OCTOBER 28, 1999,
SUPERCEDING THE SUPPLEMENT DATED JANUARY 11, 2000
The Statement of Additional Information is hereby supplemented as follows:
(1) The section entitled "TRUSTEES AND OFFICERS" is hereby amended by
deleting all information pertaining to Paul G. Yovovich, effective April 14,
2000, and Richard M. DeMartini and Don G. Powell, effective December 15, 1999.
(2) The section entitled "TRUSTEES AND OFFICERS--TRUSTEES" is hereby
amended, effective December 15, 1999, by adding the following:
<TABLE>
<S> <C>
Mitchell M. Merin*........................ President and Chief Operating Officer of asset management
Two World Trade Center of Morgan Stanley Dean Witter since December 1998.
66th Floor President and Director since April 1997 and Chief
New York, NY 10048 Executive Officer since June 1998 of Morgan Stanley Dean
Date of Birth: 08/13/53 Witter Advisors Inc. and Morgan Stanley Dean Witter
Services Company Inc. Chairman, Chief Executive Officer
and Director of Morgan Stanley Dean Witter Distributors
Inc. since June 1998. Chairman and Chief Executive
Officer since June 1998, and Director since January 1998,
of Morgan Stanley Dean Witter Trust FSB. Director of
various Morgan Stanley Dean Witter subsidiaries.
President of the Morgan Stanley Dean Witter funds and
Discover Brokerage Index Series since May 1999.
Trustee/Director of each of the funds in the Fund
Complex, and Vice President of other investment companies
advised by the Advisers and their affiliates. Previously
Chief Strategic Officer of Morgan Stanley Dean Witter
Advisors Inc. and Morgan Stanley Dean Witter Services
Company Inc. and Executive Vice President of Morgan
Stanley Dean Witter Distributors Inc. April 1997-June
1998, Vice President of the Morgan Stanley Dean Witter
Funds and Discover Brokerage Index Series May 1997-April
1999, and Executive Vice President of Dean Witter,
Discover & Co.
Richard F. Powers, III*................... Chairman, President and Chief Executive Officer of Van
1 Parkview Plaza Kampen Investments. Chairman, Director and Chief
P.O. Box 5555 Executive Officer of the Advisers, the Distributor, Van
Oakbrook Terrace, IL 60181-5555 Kampen Advisors Inc. and Van Kampen Management Inc.
Date of Birth: 02/02/46 Director and officer of certain other subsidiaries of Van
Kampen Investments. Trustee/Director and President of
each of the funds in the Fund Complex. Trustee, President
and Chairman of the Board of other investment companies
advised by the Advisers and their affiliates, and Chief
Executive Officer of Van Kampen Exchange Fund. Prior to
May 1998, Executive Vice President and Director of
Marketing at Morgan Stanley Dean Witter and Director of
Dean Witter Discover & Co. and Dean Witter Realty. Prior
to 1996, Director of Dean Witter Reynolds Inc.
</TABLE>
(3) The footnote at the end of the section entitled "TRUSTEES AND
OFFICERS--TRUSTEES" is hereby deleted in its entirety and replaced with the
following:
* Such trustee is an "interested person" (within the meaning of Section
2(a)(19) of the 1940 Act). Mr. Whalen is an interested person of each of
the funds in the Fund Complex by reason of his firm currently acting as
legal counsel to each of the Funds in the Fund Complex. Messrs. Merin and
Powers are interested persons of each of the Funds in the Fund Complex and
the Advisers by reason of their positions with Morgan Stanley Dean Witter
or its affiliates.
<PAGE> 3
(4) The section entitled "TRUSTEES AND OFFICERS--OFFICERS" is hereby
amended by deleting all information pertaining to Curtis W. Morell and Tanya M.
Loden, effective January 31, 2000, Dennis J. McDonnell, effective March 31,
2000, and Edward C. Wood, III and Stephen L. Boyd, effective April 17, 2000, and
by adding the following:
<TABLE>
<S> <C>
Stephen L. Boyd........................... Executive Vice President and Chief Investment Officer of
Date of Birth: 11/16/40 Van Kampen Investments, and President and Chief Operating
Executive Vice President and Officer of the Advisers. Executive Vice President and
Chief Investment Officer Chief Investment Officer of each of the funds in the Fund
Complex and certain other investment companies advised by
the Advisers or their affiliates. Prior to April 2000,
Vice President and Chief Investment Officer of the
Advisers. Prior to October 1998, Vice President and
Senior Portfolio Manager with AIM Capital Management,
Inc. Prior to February 1998, Senior Vice President and
Portfolio Manager of Van Kampen American Capital Asset
Management, Inc., Van Kampen American Capital Investment
Advisory Corp. and Van Kampen American Capital
Management, Inc.
John H. Zimmermann, III................... Senior Vice President and Director of Van Kampen
Date of Birth: 11/25/57 Investments, President and Director of the Distributor
Vice President and President of Van Kampen Insurance Agency of Illinois
Inc. Vice President of each of the funds in the Fund
Complex. From November 1992 to December 1997, Senior Vice
President of the Distributor.
</TABLE>
(5) The second sentence of the first paragraph immediately following the
section entitled "TRUSTEES AND OFFICERS--OFFICERS" is hereby deleted in its
entirety.
(6) The information under the section entitled "OTHER
INFORMATION--INDEPENDENT ACCOUNTANTS" is hereby deleted in its entirety and
replaced with the following:
Independent accountants for the Fund perform an annual audit of the Fund's
financial statements. KPMG LLP, located at 303 West Wacker Drive, Chicago,
Illinois 60601 ("KPMG"), has ceased being the Fund's independent accountants
effective April 14, 2000. The cessation of the client-auditor relationship
between the Fund and KPMG was based solely on a possible future business
relationship by KPMG with an affiliate of the Fund's investment adviser. The
Fund's Board of Trustees and management are in the process of engaging new
independent accountants for the audit of the Fund's financial statements.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
