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VAN KAMPEN FUNDS
SUPPLEMENT DATED MAY 3, 1999 TO THE
PROSPECTUS DATED SEPTEMBER 28, 1998
VAN KAMPEN GLOBAL GOVERNMENT SECURITIES FUND
PROSPECTUS DATED SEPTEMBER 30, 1998
VAN KAMPEN EQUITY GROWTH FUND
VAN KAMPEN EMERGING MARKETS DEBT FUND
VAN KAMPEN GLOBAL FIXED INCOME FUND
VAN KAMPEN WORLDWIDE HIGH INCOME FUND
VAN KAMPEN EUROPEAN EQUITY FUND
VAN KAMPEN AGGRESSIVE EQUITY FUND
VAN KAMPEN AMERICAN VALUE FUND
VAN KAMPEN VALUE FUND
VAN KAMPEN MID CAP GROWTH FUND
VAN KAMPEN ASIAN GROWTH FUND
VAN KAMPEN EMERGING MARKETS FUND
VAN KAMPEN GLOBAL EQUITY FUND
VAN KAMPEN GLOBAL EQUITY ALLOCATION FUND
VAN KAMPEN INTERNATIONAL MAGNUM FUND
VAN KAMPEN GLOBAL FRANCHISE FUND
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PURCHASE OF SHARES
Effective May 3, 1999, the initial investment must be at least $1,000 for
each class of shares, and subsequent investments must be at least $25 for each
class of shares.
NET ASSET VALUE PURCHASE OPTIONS
The sentence under item (2) has been deleted and replaced with the
following: Current or retired directors, officers and employees of Morgan
Stanley Dean Witter & Co. and any of its subsidiaries, employees of an
investment subadviser to any fund described in (1) above or an affiliate of such
subadviser, and such persons' families and their beneficial accounts.
VAN KAMPEN EUROPEAN EQUITY FUND
PORTFOLIO MANAGER. Margaret Naylor and Alastair Anderson. Margaret Naylor
is a Managing Director of MSDW Investment Management and
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Morgan Stanley. She has shared primary responsibility for managing the Fund's
assets since April 1999. Prior to joining MSDW Investment Management in 1987,
she spent three years at the Trade Policy Research Centre, an independent
research unit. Ms. Naylor is a graduate of the University of York, Toronto,
Canada. Alastair Anderson works with Margaret Naylor in managing the Portfolio's
assets. Mr. Anderson joined the Subadviser in June 1994 and became a Vice
President in December 1996. Prior to joining the Subadviser, he worked for
Deloitte & Touche LLP. Mr. Anderson is a commerce graduate of the University of
Cape Town, South Africa. Mr. Anderson has assisted in managing the Portfolio's
assets since May 1998 and has shared primary responsibility for managing the
Portfolios assets since January 1998.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
