Subject: File No. S7-06-04
From: Louise N Trygstad

March 16, 2004

I always like more information about what it will cost me to buy and hold any investment and I like to know what the broker will gain. I expect the broker to make a profit, otherwise the investment will fail. But I like to know the amount and how it is charged. I favor all of the disclosures described by the email I received from AAII.