Subject: File No. S7-24-15
From: Kazuhito Yamada

March 5, 2020

I am an investor living in Japan and investing in the United States.L I funds are very useful for investors with a small amount of capital like me.
Japanese investors, including me, understand the risks of L I Funds and have a positive impact on their portfolios.Japanese investors prefer L I funds to be part of their portfolio.
If the L I Funds is will be very disappointed.I believe in the freedom and diversity of the US market. Please respond flexibly without abolition.Thank you.