Subject: File No. 265-28
From: Michael Granchi, Ph.D.

May 6, 2016

I support the April, 2016, recommendation that we, as investors, should know exactly how much we are spending for investment fees and costs. A simple box added to our statements would go a long way toward disclosing how much we are actually paying to support our savings habit. A uniformly constructed box would also make it easy to compare costs from various fund companies. Thank you for the opportunity to comment.