EXHIBIT (c) (iii)


NUMBER                                                             SHARES

__________                                                        __________


                                     FORM OF

                      VAN KAMPEN INFLATION-LINKED FIXED INCOME FUND


         ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF DELAWARE

THIS CERTIFIES that                                              is the owner
of


                                   *SEE REVERSE FOR CERTAIN DEFINITIONS
                                                     _________________

                                                     CUSIP [__________]

                                                     _________________

fully paid and nonassessable shares of beneficial interest of the par value of
$0.01 per share of Van Kampen Inflation-Linked Fixed Income Fund, transferable
on the books of the Fund by the holder thereof in person or by duly authorized
attorney upon surrender of this certificate properly endorsed. This certificate
is not valid unless countersigned by the Transfer Agent.

WITNESS THE FACSIMILE SEAL OF THE FUND AND THE FACSIMILE SIGNATURES OF ITS DULY
AUTHORIZED OFFICERS.

                                                       Dated

                      VAN KAMPEN INFLATION-LINKED FIXED INCOME FUND
                                 [DELAWARE SEAL]

 STEFANIE CHANG YU                                      RONALD E. ROBISON
 VICE PRESIDENT AND                                  PRESIDENT AND PRINCIPAL
     SECRETARY                                          EXECUTIVE OFFICER

                                                          KC 002717


               COUNTERSIGNED by VAN KAMPEN INVESTOR SERVICES INC.
                    P.O. BOX 219286, KANSAS CITY, MO 64121-9286

                                                        TRANSFER AGENT

                       By
                                  -------------------------------------
                                                     AUTHORIZED OFFICER


              PLEASE DETACH AND DISCARD UNLESS CHANGES ARE REQUIRED

                      VAN KAMPEN INFLATION-LINKED FIXED INCOME FUND







NUMBER
KC

ACCOUNT NO.       ALPHA CODE           DEALER NO.          CONFIRM NO.

TRADE DATE                             CONFIRM DATE        BATCH I.D. NO.

                                      CHANGE NOTICE: IF THE ABOVE INFORMATION
                                      IS INCORRECT OR MISSING, PLEASE PRINT
                                      THE CORRECT INFORMATION BELOW, AND
                                      RETURN TO:

                                            VAN KAMPEN INVESTOR SERVICES INC.
                                            P.O. BOX 219286
                                            KANSAS CITY, MO 64121-9286

                                        -------------------------------------
                                        -------------------------------------
                                        -------------------------------------




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REQUIREMENTS: THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE
NAME(S) AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT
ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER.

THE SIGNATURE(S) MUST BE GUARANTEED BY ONE OF THE FOLLOWING:

A BANK OR TRUST COMPANY; A BROKER/DEALER; A CREDIT UNION; A NATIONAL SECURITIES
EXCHANGE, REGISTERED SECURITIES ASSOCIATION OR CLEARING AGENCY; A SAVINGS AND
LOAN ASSOCIATION; OR A FEDERAL SAVINGS BANK.

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For value received,                          hereby sell, assign and transfer
unto

_____________________________________________________________________________
            (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE)

_____________________________________________________________________________

______________________________________________________________ Shares of

beneficial interest represented by the within Certificate, and do hereby

irrevocably constitute and appoint _________________________________________

__________________________________________________________________ Attorney

to transfer the said beneficial interest on the books of the within-named

Trust with full power of substitution in the premises.


       Dated, _________________________________________ 20 ______







__________________________________________________________________
                            Owner

__________________________________________________________________
                 Signature of Co-Owner, if any

IMPORTANT     {  BEFORE SIGNING, READ AND COMPLY CAREFULLY
              {  WITH REQUIREMENTS PRINTED ABOVE.

SIGNATURE(S) guaranteed by:

_____________________________________________________________________________

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        *The following abbreviations, when used in the inscription on the face
of this certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

TEN COM  - as tenants          UNIF GIFT MIN. ACT - ______ Custodian _______
           in common                               (Cust)            (Minor)
                                                       under Uniform Gifts to
TEN ENT  - as tenants by                                     Minors Act
           the entireties
                                                 _____________________________
JT TEN   - as joint tenants                                (State)
           with right of sur-
           vivorship and not
           as tenants in common

    Additional abbreviations may also be used though not in the above list

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_____________________________________________________________________________
                   THIS SPACE MUST NOT BE COVERED IN ANY WAY