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Equity Growth (VEGAX)

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Objective

Seeks long-term capital appreciation by investing primarily in growth-oriented equity securities of medium- and large-capitalization companies.

Portfolio

Invests primarily in a portfolio of growth-oriented companies.

Investment Style²

Team members may change without notice from time to time.

Daily Price

as of 11/19/2009

NAV ($)	Change($)	Change(%)
12.02	-0.14	-1.15

Fund Facts

Symbol

VEGAX

CUSIP

921133542

Fund Number

468

Inception Date

05/28/1998

Fiscal Year End

06/30/2009

Prospectus Date

10/31/2007

Minimum Investment

$1,000.00

Breakpoint Detail

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X
Breakpoint Detail
Amount Of Purchase	Sales Charge	Dealer Reallowance
Less than $50,000	5.75 %	5.00 %
$50,000 but less than $100,000	4.75 %	4.00 %
$100,000 but less than $250,000	3.75 %	3.00 %
$250,000 but less than $500,000	2.75 %	2.25 %
$500,000 but less than $1,000,000	2.00 %	1.75 %
$1,000,000 and over	0.00 %	—

Trail	0.25 %

Gross Expense Ratio¹

1.49 %

Net Expense Ratio

Max. Sales Charge/CDSC

5.75%

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. Average annual total returns assume reinvestment of all dividends and capital gains.Additional performance information

Fund Characteristics

Beta (as of 09/30/2009)	1.16
Number of Securities	32
Price/Earnings (as of 09/30/2009)	19.19
Total Assets (mil) (as of 11/19/2009)	$282.20
Weighted Med Mkt Cap ($MM) (as of 09/30/2009)	$19,445.00
Turnover Ratio (as of 06/30/2009)	33.00
Beta is provided by Lipper Inc. Beta is a measure of a fund's sensitivity to market movements. By definition, the beta of the stock market is 1.00. Therefore, a fund with a beta of 1.10 is expected to perform 10 percent better than the market in "up" markets and 10 percent worse in "down" markets. Weighted median market capitilazation is one measure of the average capitilization size of the companies in which the fund invests.

Top Holdings

as of 10/31/2009

View All Holdings »

		% of Total Net Assets
1	Amazon.Com, Inc.	6.73
2	Apple, Inc.	6.51
3	Google, Inc.	6.33
4	Mastercard, Inc.	4.96
5	Monsanto Co.	4.22
6	China Merchants Holdings International	4.18
7	Ultra Petroleum Corp.	3.74
8	Omnicom Group, Inc.	3.74
9	New Oriental Education & Technology	3.59
10	Greenlight Capital Re Ltd.	3.46
	Total:	47.46

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Top Industries

as of 09/30/2009

		% of Total Net Assets
1	Internet Software & Services	9.41
2	Real Estate Management & Development	7.34
3	Computer Hardware	6.40
4	Communications Equipment	5.53
5	Internet Retail	5.29
6	Fertilizers & Agricultural Chemicals	4.86
7	Data Processing & Outsourced Services	4.58
8	Marine Ports & Services	4.34
9	Education Services	4.13
10	Advertising	4.03
	Total:	55.91

Risk Considerations

There is no assurance that a mutual fund will achieve its investment objective. Funds are subject to market risk, which is the possibility that the market values of securities owned by the fund will decline and that the value of fund shares may therefore be less than what you paid for them. Accordingly, you can lose money investing in this fund. Please be aware that this fund may be subject to certain additional risks. Foreign and emerging markets. Investments in foreign markets entail special risks such as currency, political, economic, and market risks. The risks of investing in emerging-market countries are greater than the risks generally associated with foreign investments.

1	Expense ratios are as of each fund's fiscal year end as outlined in the fund's current prospectus.
2	Source: Morningstar, Inc., Chicago, IL 312-696-6000. The Morningstar Equity Style Box^TM is based on 03/31/2009 data. The Morningstar Style Box^TM reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). For fixed income funds the vertical axis shows the average credit quality of the bonds owned, and the horizontal axis shows interest rate sensitivity as measured by a bond's duration (short, intermediate or long).
	Subject to change daily. Provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown above. Van Kampen is a wholly owned subsidiary of a global securities firm that is engaged in a wide range of financial services including, for example, securities trading and brokerage activities, investment banking, research and analysis, financing and financial advisory services.
3	For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating^TM based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Morningstar Rating^TM is for the share class shown only; other classes may have different performance characteristics. ©Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar not its content providers are responsible for any damages or losses arising from any use of this information.
	Average annual total return with sales charges includes payment of Rule 12b-1 fees of up to 0.25% for Class A shares and 1.00% for Class B and C shares. Class B contingent deferred sales charge declines to zero after year five and Class C declines to zero after year one. Performance figures for Class I shares are offered without any sales charges on purchases or sales and without any Rule 12b-1 fees. Class I Shares are available for purchase exclusively by (i) tax-exempt retirement plans with assets of at least one million dollars (including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase plans, defined benefit plans and non-qualified deferred compensation plans), (ii) fee-based investment programs with assets of at least one million dollars, (iii) qualified state tuition plan (529 plan) accounts, (iv) institutional clients with assets of at least one million dollars and (v) certain Van Kampen investment companies. Figures shown above assume reinvestment of all dividends and capital gains. Performance data for the classes vary based on differences in their fee and expense structures.

Equity Growth (VEGAX)

Objective

Portfolio

Investment Style²

Daily Price

Morningstar Rating^TM

Fund Facts

Fund Characteristics

Top Holdings

Top Industries

Risk Considerations

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Past performance is no guarantee of future results. Additional performance information

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Equity Growth (VEGAX)

Investment Style²

Morningstar Rating^TM