Subject: File No. 265-28
From: Christopher Luplow

May 7, 2016

I would like to request better disclosure of mutual fund fees for the individual investor. If the companies can figure out how much they're charging me each year, it should not be difficult for them to spell it out exactly on my monthly, quarterly, and annual statements. Burying an example per $1,000 investment in the annual report is a weak start and not very informative.