Van Kampen Jumps into Target-Date Space

March 4, 2008 (PLANSPONSOR.COM) - Van Kampen Retirement Strategy Trust today filed a registration statement with the U.S. Securities and Exchange Commission for 10 new target retirement date funds.

A Van Kampen news announcement said the funds consist of nine portfolios with target retirement dates from 2010 to 2050 (in five-year increments) and an in retirement fund.

Each fund will be structured as a fund of funds, investing primarily in a combination of eight Van Kampen-managed mutual funds and six open-architecture, multi-firm managed funds advised by Russell Investments, the announcement said.

In an attempt to protect against longevity risk, the funds will operate on a glide path that actively manages the asset allocation through a participant s accumulation phase and another 15 years beyond the retirement date.

We re at a critical juncture of change in the way that Americans save for retirement,  said Michael Kiley, President & CEO of Van Kampen Investments, in the news release.

More information is available at www.vankampen.com .

«