Date:    6/2/97  3:01 PM


        Do not authorize the "Profile" prospectus.  As owners of mutual
funds, the average citizens of this country require a prospectus which is 
complete.  Do not allow irresponsible fund companies to provide advertising 
and marketing tools disguised as prospectuses.  The only change we need to 
see is the replacement of technical, legal jargon with more easily 
understood, plain-language text to describe the nature of the agreement 
between fund companies and their prospective fund owners.

        While members of the SEC may be knowledgeable enough to feel that
the "Profile" prospectus is adequate for their needs, the rest of us need a 
little more reassurance that we fully understand the terms of the contract 
which we have entered into with our respective fund companies.  Do not back 
down.  Stand firm.  Insist upon requiring fund companies to publish ONE 
prospectus, and to make that ONE prospectus easier for us all to understand.
     
Regards,
     
Keane Matthews <keanem@exis.net>
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