Author:  Tom Gleason 
Date:    06/29/2000  8:23 AM

Subject: File No. S7-09-00
 
I feel the Mutual Fund industry should provide more meaningful 
information on after-tax actual returns.  The impact of taxes is 
important for two reasons.
     
1. More accurately reflects actual returns among funds and compared to 
indexes
2. Can serve to show the importance of tax sheltered investing to new 
investors
     
I can think of no negatives to more information if presented in a 
standardized format.