From: Brian Fischer
Sent: June 13, 2007
Subject: 12b-1 fees

As a financial advisor who provides financial planning services to his clients I think it is important to maintain the integrity of the 12b-1 fee. True, its purpose has changed; from marketing to service oriented, but in my opinion that's a good thing. the more and better service a client receives the more likely they are to hold on to their investments. additionally when you look at the numbers 12b-1 fees are less expensive than wrap fees when you factor in tax consequences for NQ accounts. these fees need to be disclosed, but they do promote good investor behavior. thank you

Brian Fischer CFP, ChFC, CLU
Economic Concepts, Inc. - Securities America, Inc.