Subject: File No. 4-606
From: William H Danneberg, III
Affiliation: n/a

September 21, 2010

There should never be confusion with regards to costs for investment advisor services and/or mutual fund costs. Any and all costs should be clearly communicated, with client recognition needed (signature). Expenses/fees should never be buried within a mutual funds prospectus.

Any activity on behalf of investment professionals needs to be scrutinized for potential conflicts of interest. If activity is found to be a potential conflict of interest, client recognition should be required (signature).