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VAN KAMPEN GLOBAL MANAGED ASSETS FUND
SUPPLEMENT DATED JANUARY 31, 2000
TO THE PROSPECTUS DATED APRIL 30, 1999,
AS PREVIOUSLY SUPPLEMENTED ON MAY 3, 1999, AUGUST 26, 1999 AND OCTOBER 8, 1999
The Prospectus is supplemented with the following:
The Board of Trustees has continuously reviewed the investment
policies and practices, performance, expenses and reduced net assets of the
Van Kampen Global Managed Assets Fund (the "Fund"). In connection
therewith, the Board considered various alternatives including a possible
merger or liquidation of the Fund. After due consideration of a number of
factors, including those listed above, the Board determined that it would
be in the best interest of the shareholders to terminate and liquidate the
Fund. On January 27, 2000, the Board approved a Plan of Liquidation for the
Fund. The Plan of Liquidation will be presented to the shareholders of the
Fund for approval. As a result of the Board's approval, the Fund is
suspending the continuous offering of its shares to new investors of the
Fund effective at the close of business February 2, 2000. Currently,
existing shareholders of the Fund as of February 2, 2000 may continue to
purchase shares of the Fund. Dividends subject to automatic reinvestment in
the Fund according to previous instructions of existing shareholders will
continue to be reinvested in shares of the Fund.
