[10330]
September 28, 1998
TO: BOARD OF GOVERNORS No. 62-98
RE: NEW FEES BROCHURE
______________________________________________________________________________
I am pleased to enclose your copy of Frequently Asked Questions About Mutual Fund Fees, the
latest publication in the Institute’s Investor Awareness Series.
This comprehensive brochure is designed to answer commonly asked questions about mutual
fund fees and comes at a time when Congress and the SEC are looking at fee disclosure and the
impact of fees on the competitiveness of the industry.
To order additional copies of this brochure, please call Michelle Worthy at 202-326-5872. The
brochure has been cleared by the National Association of Securities Dealers, Inc. for use as
generic sales material. Some members have found the Investor Awareness Series to be helpful
with their senior executives and directors in demonstrating the industry’s continuing work in
this area.
I look forward to hearing your comments and suggestions.
Julie Domenick
Executive Vice President
Enclosure