From: Glenn Parsons
Sent: March 29, 2005
Subject: File No. S7-06-04

Glenn Parsons
PO Box 758
Philip, SD 57567

Jonathan G. Katz
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549-0609

Jonathan Katz:

Regarding the proposal for a seperate informational publication discussing the fees and costs associated with Mutual Funds and Variable Products.

Duplicating what is already in the prospectus is not going to insure the prospective client will read or understand the information. The more information we put in front of people the more overwhelmed they become.

The prospectus was designed to answer these questions and does a very good job. There can be benefits for people who are willing to invest in the available market instruments, and while it is ethical and moral to fully disclose the costs and fees and possible negative ramifications of owning variable products or mutual funds, it begins to boarder on misinformation when we continually keep the negative information first and foremost in their minds and frighten them into believing there is nothing positive about investing.


Glenn Parsons