March 13, 2004
JUST A SUGGESTION: PERHAPS CLASS A FRONT LOADED AND CLASS B BACK LOADED DATA CAN SIMPLE BE INSERTED IN A LEFT HAND COLUMN ON ONE OR TWO SHEETS WITH COLUMN A AND COLUMN B CLASSES TO RIGHT OF DATA. THAT WAY YOU CAN USE SAME FORM FOR BOTH CLASSES-WHATEVER THE BUYER IS PURCHASING AND, SIMPLY FILL OUT PROPER COLUMN. SECONDLY, ONLY ONE MORE SHEET, HOPEFULLY, WOULD BE NEEDED TO LIST EXPLANATIONS AND DEFINITIONS. THIRDLY, COST DATA NUMBERS NEED TO BE TOTALED FOR PERIOD OF TIME, SUCH AS ONE YEAR, TWO YEARS, ETC. DATA YOU SUGGEST IS VERY GOOD AT LETTING BUYER KNOW COSTS. USING THE ABOVE MODEL, WOULD RESULT IN NO MORE THAN, PERHAPS, 2 OR 3 PAGES TO BE FILLED OUT BY BROKERAGE, MUTUAL FUND, OR VARIABLE ANNUNITY COMPANY IN A COMPOSITE FORM, WITH NO REPETITIVE DEFINITIONS AND EXPLANATIONS AT THE END OF EACH TYPE OF FORM, IE., CLASS A, B, C, ETC. THANKS FOR THE OPPORTUNITY TO COMMENT. IF WE SMALL INVESTORS, THE INCREASING SOURCE OF CAPITAL FORMATION, CANNOT TRUST THE ADMINISTRATION OF OUR INVESTMENTS TO CEOS, BOARDS, AUDIT COMMITTEES, ETC. WE WILL FIND A MORE SIMPLE WAY TO INVEST OUR MONEY. WE SHOULD KNOW WHAT THESE FUND ADVISORS, BOARD MEMBERS, CEOS EARN, ALONG WITH A RANGE OF PROPER COMPENSATION FOR THESE POSITIONS IN THE SPECIFIC INDUSTRY. WE ALSO NEED FOR PEOPLE IN THESE ORGANIZATIONS TO HAVE THEIR OWN MONEY INVESTED ALONG WITH OURS, AND EACH ADMINSTRATIVE ENTITY, BOARDS, CEOS, ETC SHOULD BE INDEPENDENT AND RESPONSIBLE TO THE PUBLIC FOR THEIR PARTICULAR ACTIONS IN THE NAME OF THE PUBLIC.