VAN KAMPEN SERIES FUND INC
497, 2000-08-01
Previous: COREL CORP, S-8, EX-24.01, 2000-08-01
Next: BREED TECHNOLOGIES INC, SC 13D/A, 2000-08-01



<PAGE>   1

                          VAN KAMPEN SERIES FUND, INC.
                            ON BEHALF OF ITS SERIES
                        VAN KAMPEN EUROPEAN EQUITY FUND

                     SUPPLEMENT DATED AUGUST 1, 2000 TO THE
                       PROSPECTUS DATED OCTOBER 28, 1999,
                       SUPERSEDING ALL PRIOR SUPPLEMENTS

    The Prospectus is hereby supplemented as follows:

    (1) The first paragraph in the section entitled "INVESTMENT ADVISORY
SERVICES -- INVESTMENT ADVISER -- ADVISORY AGREEMENT AND ADMINISTRATION
AGREEMENT" is hereby deleted and replaced in its entirety with the following:

    The Fund retains the Adviser to manage the investment of its assets and to
place orders for the purchase and sale of its portfolio securities. Under an
investment advisory agreement between the Adviser and the Fund (the "Advisory
Agreement"), the Fund pays the Adviser a monthly fee computed based upon an
annual rate applied to the average daily net assets of the Fund as follows:

<TABLE>
<CAPTION>
AVERAGE DAILY NET ASSETS                            % PER ANNUM
------------------------                           -------------
<S>                                                <C>
First $500 million..............................   1.00 of 1.00%
Next $500 million...............................   0.95 of 1.00%
Over $1 billion.................................   0.90 of 1.00%
</TABLE>

    (2) Effective July 31, 2000, the section entitled "INVESTMENT ADVISORY
SERVICES -- PORTFOLIO MANAGEMENT" is hereby deleted in its entirety and replaced
with the following:

    PORTFOLIO MANAGEMENT.  Margaret Naylor, Nathalie Degens, Willem Vinke and
Amr Diab are responsible for the day-to-day management of the Fund's investment
portfolio.

    Ms. Naylor is a Managing Director of the Subadviser. She has overall
responsibility for investment strategy and stock selection for the Fund. Prior
to joining the Subadviser 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, United Kingdom. Ms. Naylor has been managing the Fund since
April 1999.

    Nathalie Degens joined the Subadviser in 1996. From 1993 to 1995 she worked
in Morgan Stanley's Corporate Treasury Division, and prior to that, she was with
Banque Indosuez New York from 1986 to 1992. Ms. Degens is a graduate of ISG,
France and INSEAD, France. Ms. Degens has been managing the Fund since July
2000.
<PAGE>   2

    Willem Vinke joined the Subadviser in 1995. Prior to 1995, he worked for
Morgan Stanley's Investment Banking and Fixed Income Divisions. Mr. Vinke is a
graduate of the University of Manchester and the London School of Economics. Mr.
Vinke has been managing the Fund since July 2000.

    Amr Diab is an Investment Analyst with the Subadviser's European Value
Equity team. He joined the Subadviser in 1997. From 1993 to 1997, he worked in
Morgan Stanley Dean Witter & Co.'s Investment Banking Division and strategic
planning team in New York. Before that he worked as a Business Development
Manager with Projects and Investment Consulting Co. from 1992 to 1993. Mr. Diab
is a graduate of the American University in Cairo, Egypt. Mr. Diab has assisted
in managing the Fund since January 1999.

    (3) The information on the inside back cover of the Prospectus under the
heading "BOARD OF DIRECTORS AND OFFICERS -- BOARD OF DIRECTORS" is hereby
amended by deleting Paul G. Yovovich, effective April 14, 2000, and by deleting
and replacing Richard M. DeMartini* and Don G. Powell* with Mitchell M. Merin*
and Richard F. Powers, III*, effective December 15, 1999.

    (4) The information on the inside back cover of the Prospectus under the
heading "BOARD OF DIRECTORS 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,
Peter W. Hegel*, effective May 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.

    (5) The information on the inside back cover of the Prospectus under the
heading "FOR MORE INFORMATION -- INDEPENDENT ACCOUNTANTS" is hereby deleted and
replaced with the following:

                           DELOITTE & TOUCHE LLP
                           Two Prudential Plaza
                           180 N. Stetson Avenue
                           Chicago, Illinois 60601

                  RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
<PAGE>   3

                          VAN KAMPEN SERIES FUND, INC.
                            ON BEHALF OF ITS SERIES
                         VAN KAMPEN GLOBAL EQUITY FUND

                     SUPPLEMENT DATED AUGUST 1, 2000 TO THE
                       PROSPECTUS DATED OCTOBER 28, 1999,
                       SUPERSEDING ALL PRIOR SUPPLEMENTS

    The Prospectus is hereby supplemented as follows:

    (1) The first paragraph in the section entitled "INVESTMENT ADVISORY
SERVICES -- INVESTMENT ADVISER -- ADVISORY AGREEMENT AND ADMINISTRATION
AGREEMENT" is hereby deleted and replaced in its entirety with the following:

    The Fund retains the Adviser to manage the investment of its assets and to
place orders for the purchase and sale of its portfolio securities. Under an
investment advisory agreement between the Adviser and the Fund (the "Advisory
Agreement"), the Fund pays the Adviser a monthly fee computed based upon an
annual rate applied to the average daily net assets of the Fund as follows:

<TABLE>
<CAPTION>
            AVERAGE DAILY NET ASSETS                % PER ANNUM
            ------------------------               -------------
<S>                                                <C>
First $750 million..............................   1.00 of 1.00%
Next $500 million...............................   0.95 of 1.00%
Over $1.25 billion..............................   0.90 of 1.00%
</TABLE>

    (2) Effective July 31, 2000, the section entitled "INVESTMENT ADVISORY
SERVICES -- PORTFOLIO MANAGEMENT" is hereby deleted and replaced in its entirety
with the following:

    PORTFOLIO MANAGEMENT. Frances Campion and Paul Boyne are responsible as
comanagers for the day-to-day management of the Fund's investment portfolio.

    Ms. Campion joined the Subadviser in 1990 as the Fund's Manager and is now a
Managing Director of the Subadviser. Her responsibilities include day-to-day
management of the global equity products. Ms. Campion has eleven years' global
investment experience. She is a graduate of University College, Dublin.

    Mr. Boyne joined the Subadviser in 1993 and became a Principal in December
1998. At the Subadviser, he assists with portfolio management on the Global
Equity Program and security analysis of North American equities. Prior to
joining the Subadviser, Mr. Boyne was a Chartered Accountant with Grant Thornton
International in Dublin.
<PAGE>   4

    (3) The information on the inside back cover of the Prospectus under the
heading "BOARD OF DIRECTORS AND OFFICERS -- BOARD OF DIRECTORS" is hereby
amended by deleting Paul G. Yovovich, effective April 14, 2000, and by deleting
and replacing Richard M. DeMartini* and Don G. Powell* with Mitchell M. Merin*
and Richard F. Powers, III*, effective December 15, 1999.

    (4) The information on the inside back cover of the Prospectus under the
heading "BOARD OF DIRECTORS 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,
Peter W. Hegel*, effective May 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.

    (5) The information on the inside back cover of the Prospectus under the
heading "FOR MORE INFORMATION -- INDEPENDENT ACCOUNTANTS" is hereby deleted and
replaced with the following:

                           DELOITTE & TOUCHE LLP
                           Two Prudential Plaza
                           180 N. Stetson Avenue
                           Chicago, Illinois 60601

                  RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission