Subject: File No. 265-28
From: Mary Kay Trail

May 5, 2016

Yes, I definitely want to receive customized, dollars-and-cents disclosure from my mutual fund companies. I want to be able to see spelled out what we are paying in fund expense ratios on our monthly statements.

Certainly I can calculate the cost myself but, like all other bills we pay, the total ER cost should be calculated by the mutual fund company and printed on our statements.