Chapman and Cutler
111 West Monroe Street
Chicago, Illinois 60603
January 21, 1997
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 47
File No. 333-17647, CIK No. 897014
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
Van Kampen American Capital
Equity Opportunity Trust, Series 47
Strategic Ten Trust United States Portfolio, Series 12
and
Strategic Five Trust United States Portfolio, Series 6
Notwithstanding anything to the contrary in the Prospectus, the following
paragraphs are hereby deleted and replaced with the following as noted:
Page 16 - Last Paragraph
Based on the total returns set forth in the table above, the average annual
total returns for the DJIA Ten for the most recent three, five, ten, twenty
and twenty-five year periods were 22.11%, 20.04%, 17.78%, 17.85% and 18.64%,
respectively. On the other hand, based on the total returns set forth in the
table above, the average annual total returns for the DJIA for the most recent
three, five, ten, twenty and twenty-five year periods were 22.58%, 18.21%,
16.50%, 14.27% and 12.76%, respectively.
Page 17 - Last Paragraph
The chart below represents past performance of the DJIA and the DJIA Ten (but
does not represent possible performance of the Strategic Ten United States
Trust which, as indicated above, includes certain expenses and commissions not
included in the chart) and should not be considered indicative of future
results. Further, results are hypothetical. The chart assumes that all
dividends during a year (including those on stocks trading ex-dividend as of
the last day of the year) are reinvested at the end of that year and does not
reflect sales charges, commissions, expenses or income taxes. Based on the
foregoing assumptions, the average annual returns (which represent the
percentage return derived by taking the sum of the initial investment and all
appreciation and dividends for the specified investment period) during the
period referred to in the table were 18.64% and 12.76% for the DJIA Ten and
the DJIA, respectively. There can be no assurance that the Strategic Ten
United States Trust will outperform the DJIA over its life or over consecutive
rollover periods, if available.
Page 20 - Last Paragraph
Based on the total returns set forth in the table above, the average annual
total returns for the DJIA Five for the most recent three, five, ten, twenty
and twenty-five year periods were 24.84%, 27.51%, 18.58%, 19.97% and 20.98%,
respectively. On the other hand, based on the total returns set forth in the
table above, the average annual total returns for the DJIA for the most recent
three, five, ten, twenty and twenty-five year periods were 22.58%, 18.21%,
16.50%, 14.27% and 12.76%, respectively.
Page 21 - Last Paragraph
The chart below represents past performance of the DJIA and the DJIA Five (but
does not represent possible performance of the Strategic Five United States
Trust which, as indicated above, includes certain expenses and commissions not
included in the chart) and should not be considered indicative of future
results. Further, results are hypothetical. The chart assumes that all
dividends during a year (including those on stocks trading ex-dividend as of
the last day of the year) are reinvested at the end of that year and does not
reflect sales charges, commissions, expenses or income taxes. Based on the
foregoing assumptions, the average annual returns (which represent the
percentage return derived by taking the sum of the initial investment and all
appreciation and dividends for the specified investment period) during the
period referred to in the table were 20.98% and 12.76% for the DJIA Five and
the DJIA, respectively. There can be no assurance that the Strategic Five
United States Trust will outperform the DJIA over its life or over consecutive
rollover periods, if available.
Dated: January 21, 1997