June 4, 1997
     
Subject:  File No. S7-18-96
     
United States Securities and Exchange Commission 
450 Fifth Street
Washington, D.C.
     
Ladies and Gentlemen:
     
        I have read a number of articles about the SEC's proposal to
authorize profiles that explain every mutual fund in brief, simple terms. 
I am writing to endorse that proposal.
     
        Anything that makes it easier and more convenient to invest in
mutual funds, especially no-load mutual funds, is better than trying to 
keep up with the market on your own!
     
                                                Sincerely,
     
     
     
                                                Candace M. Shedden
                                                        2002 Huntingdon Chase
                                                        Atlanta, Georgia  30350