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VAN KAMPEN
GLOBAL FRANCHISE FUND
A SERIES OF THE
VAN KAMPEN SERIES FUND, INC.
SUPPLEMENT DATED FEBRUARY 17, 2000
TO THE PROSPECTUS DATED OCTOBER 28, 1999,
SUPERCEDING THE SUPPLEMENT DATED JANUARY 11, 2000
The Front Cover Page of the Prospectus is supplemented by adding the
following:
The Fund's Board of Directors recently reviewed and approved a change
of the Fund's name and the addition of certain tax-sensitive portfolio
management strategies to the Fund's overall portfolio management strategy.
It is anticipated that the changes will become effective on or about April
3, 2000. The Fund will be renamed the Van Kampen Tax Managed Global
Franchise Fund. The Fund's investment objective of long-term capital
appreciation will be unchanged, and the Fund's investment adviser will seek
to achieve the Fund's investment objective by continuing to invest
primarily in a portfolio of publicly traded equity securities of issuers
that, in the judgment of the Fund's investment adviser, have resilient
business franchises and growth potential. The Fund's investment adviser
will also attempt to minimize the impact of federal income taxes on
shareholder returns. Instituting tax-sensitive strategies may result in
lower pre-tax returns for the Fund than for a fund that is not tax managed.
This may make the Fund less suitable for those shareholders who are not
sensitive to the federal income tax consequences of their investment (such
as individual retirement accounts or other tax-exempt or tax-deferred
accounts).
The section of the inside back cover of the Prospectus entitled BOARD
OF DIRECTORS AND OFFICERS - BOARD OF DIRECTORS was previously 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.
