Chapman and Cutler
111 West Monroe Street
Chicago, Illinois 60603
February 26, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Attn: Filing Desk, Stop 1-4
Re: Van Kampen American Capital Equity Opportunity Trust
Series 19 File No. 33-62131
Ladies/Gentlemen:
Pursuant to the requirements of Rule 497(d) of the General Rules and
Regulations of the Securities Act of 1933, we are submitting a supplement
to the prospectus being used with respect to the above-mentioned series.
Very truly yours,
Chapman and Cutler
Attachment
SUPPLEMENT TO THE PROSPECTUS
DATED SEPTEMBER 21, 1995
VAN KAMPEN AMERICAN CAPITAL EQUITY OPPORTUNITY TRUST, SERIES 19
SELECT TECHNOLOGY GROWTH TRUST, SERIES 1
The following text will be replacing the sections as noted below:
In the section "Public Offering Price" page one, the text should be replaced
with the following:
The Public Offering Price per Unit is equal to the aggregate underlying value
of the Equity Securities plus or minus cash, if any, in the Capital and Income
Accounts, divided by the number of Units outstanding, plus an initial sales
charge equal to the difference between the maximum total sales charge of 4.9%
of the Public Offering Price and the maximum deferred sales charge ($0.29 per
Unit). The monthly deferred sales charge ($0.29 per Unit) will begin accruing
on a daily basis on March 21, 1996, and will continue to accrue through
September 20, 1996. The monthly deferred sales charge will be charged to the
Trust, in arrears, commencing April 21, 1996 and will be charged the 21st day
of each month thereafter (except for September 1996) through September 20,
1996, a deferred sales charge of $0.0483 will be assessed per Unit per month.
Unitholders will be assessed that portion of the deferred sales charge accrued
from the time they became Unitholders of record. Units purchased subsequent to
the initial deferred sales charge payment will be subject to only that
portion of the deferred sales charge payments not yet collected. This deferred
sales charge will be paid from funds in the Income Account, if sufficient, or
from the periodic sale of Equity Securities. It is anticipated that Equity
Securities may be sold during the first year of the Trust to pay a portion of
the deferred sales charge. The total maximum sales charge assessed to
Unitholders on a per Unit basis will be 4.9% of the Public Offering Price
(5.152% of the aggregate value of the Securities), subject to reduction as
set forth in "Public Offering - General". During the initial offering period,
the sales charge is reduced on a graduated scale for sales involving at least
5,000 Units. If Units were available for purchase at the opening of business
on the Initial Date of Deposit, the Public Offering Price per Unit would have
been that amount set forth under "Summary of Essential Financial Information".
For sales charges in the secondary market, see "Public Offering". The minimum
purchase is 100 Units (25 Units for a tax-sheltered retirement plan).
In the "Public Offering - General", page sixteen, the first paragraph should be
replaced with the following text:
Units are offered at the Public Offering Price (which is based on the aggregate
underlying value of the Equity Securities and includes an initial sales charge
equal to the difference between the maximum total sales charge of 4.9% of the
Public Offering Price and maximum deferred sales charge ($0.29 per Unit)). The
monthly deferred sales charge ($0.29 per Unit) will begin accruing on a daily
basis on March 21, 1996, and will continue to accrue through September 20,
1996. The monthly deferred sales charge will be charged to the Trust, in
arrears, commencing April 21, 1996, and will be charged the 21st day of each
month thereafter (except for September 1996) through September 20, 1996, a
deferred sales charge of $0.0483 will be assessed per Unit per month.
Unitholders will be assessed that portion of the deferred sales charge accrued
from the time they became Unitholders of record. Units purchased subsequent to
the initial deferred sales charge payment will be subject to only that portion
of the deferred sales charge payments not yet collected. This deferred sales
charge will be paid from funds in the Income Account, if sufficient, or from
the periodic sale of Securities. The total maximum sales charge assessed to
Unitholders on a per Unit basis will be 4.9% of the Public Offering Price
(5.152% of the aggregate value of the Securities in the Trust). Such underlying
value shall include the proportionate share of any undistributed cash held in
the Capital and Income Accounts.
In the section "Public Offering - Offering Price" page seventeen, the following
text should replace the second paragraph:
As indicated above, the price of the Units was established by adding to the
determination of the aggregate underlying value of the Equity Securities an
amount equal to the difference between the maximum total sales charge of 4.9%
of the Public Offering Price and the maximum deferred sales charge ($0.29 per
Unit) and dividing the sum so obtained by the number of Units outstanding. Such
underlying value shall include the proportionate share of any cash held in the
Income and Capital Accounts. Such price determination as of the close of
business on the day before the Initial Date of Deposit was made on the basis of
an evaluation of the Equity Securities in the Trust prepared by Interactive
Data Services, Inc., a firm regularly engaged in the business of evaluating,
quoting or appraising comparable securities. Thereafter, the Evaluator on each
business day will appraise or cause to be appraised the value of the underlying
Equity Securities as of the Evaluation Time on days the New York Stock Exchange
is open and will adjust the Public Offering Price of the Units commensurate
with such valuation. Such Public Offering Price will be effective for all
orders received prior to the Evaluation Time on each such day. Orders received
by the Trustee or Managing Underwriter for purchases, sales or redemptions
after that time, or on a day when the New York Stock Exchange is closed, will
be held until the next determination of price. Unitholders who purchase
Units subsequent to the Initial Date of Deposit will pay an initial sales
charge equal to the difference between the maximum total sales charge of
4.9% of the Public Offering Price and maximum deferred sales charge ($0.29
per Unit) and will be assessed a deferred sales charge of $0.0483 per Unit
on each of the remaining deferred sales charge payment dates as set forth
in "Public Offering - General". Commencing on September 23, 1996, the
secondary market sales charge will not include deferred payments but will
instead include only a one-time initial sales charge of 4.4% of the Public
Offering Price and will be reduced by .5 of 1% on each subsequent September
23 to a minimum sales charge of 2.9%.
Footnote 3 in the section "Summmary of Essential Financial Information", page
three, should be replaced with the following text:
The Maximum Sales Charge consists of an initial sales charge and a deferred
sales charge. The initial sales charge is applicable to all Units and
represents an amount equal to the difference between the Maximum Sales Charge
of 4.9% of the Public Offering Price and the amount of the maximum deferred
sales charge of $0.29 per Unit. Subsequent to the Initial Date of Deposit,
the amount of the initial sales charge will vary with changes in the aggregate
value of the Securities in the Trust. The monthly deferred sales charge
($0.29 per Unit) will begin accruing on a daily basis on March 21, 1996, and
will continue to accrue through September 20, 1996. The monthly deferred sales
charge will be charged to the Trust, in arrears, commencing April 21,1996 and
will be charged the 21st day of each month thereafter (except for September
1996) through September 20, 1996, a deferred sales charge of $0.0483 will be
assessed per Unit per month. Units purchased subsequent to the initial
deferred sales charge payment will be subject to only that portion of the
deferred sales charge payments not yet collected. This deferred sales charge
will be paid from funds in the Income Account, if sufficient, or from the
periodic sale of Equity Securities. The total maximum sales charge will be
4.9% of the Public Offering Price (5.152% of the aggregate value of the
Securities in the Trust). See the "Fee Table" below and "Public Offering
Price - Offering Price". On the Initial Date of Deposit there will be no cash
in the Income or Capital Accounts. Anyone ordering Units after such date will
have included in the Public Offering Price a pro rata share of any cash in
such Accounts.
Footnote 2 in the section "Fee Table", page five, should be replaced with the
following text:
The actual fee is $2.90 per month per 100 Units, irrespective of purchase or
redemption price, deducted monthly on the accrual date beginning March 21, 1996
through September 20, 1996. If a Unitholder sells or redeems Units before all
of these deductions have been made, the balance of the deferred sales charge
payments remaining will be deducted from the sales or redemption proceeds. If
Unit price exceeds $10 per Unit, the deferred portion of the sales charge will
be less than 2.90%; if Unit price is less than $10 per Unit, the deferred
portion of the sales charge will exceed 2.90%. Units purchased subsequent to
the initial deferred sales charge payment will be subject to only that
portion of the deferred sales charge payments not yet collected.
February 26, 1996
