Subject: File No. S7-08-15

July 27, 2015

Dear  Committee,

Shareholder reports and mutual fund descriptions  are important tools for investors used to realy on

this info. via the mail Internet access an e-mail may be a commonplace,but they are not  universal

Mail delivery is universally available, I like to receive a hard copy mail on my investments.

not every person has access to electronic services , and therefore it should be the default option.

Investors might like to receive electronic  communication,therefore they can choose this option.

On line info.open up numerous security issues like the last cyber attack on OPM,

I prefer the safety side, by getting my info. by the use of the Postal Service.

Sincerely,

N.Sheyer.