Change in Independent Accountants
Based on the recommendation of the Audit Committee of the
fund, the Board of Trustees has determined not to retain
PricewaterhouseCoopers LLP as this funds' independent
accountant and voted to appoint KPMG LLP for the fund's
fiscal year ended August 31, 2000. During the two previous
fiscal years, PricewaterhouseCoopers LLP audit reports
contained no adverse opinion or disclaimer of opinion; nor
were its reports qualified or modified as to uncertainty,
audit scope, or accounting principle. Further, in connection
with its audits for the two previous fiscal years and
through July 24, 2000, there were no disagreements between
the fund and PricewaterhouseCoopers LLP on any matter of
accounting principles or practices, financial statement
disclosure or auditing scope or procedure, which if not
resolved to the satisfaction of PricewaterhouseCoopers LLP
would have caused it to make reference to the disagreements
in its report on the financial statements for such years.
