Exhibit 77K
The Trust's Board of Trustees has engaged Ernst & Young LLP, located 233 South
Wacker Drive, Chicago, Illinois 60606, to be the independent auditors. The
change in independent auditors was approved by the Trust's audit committee and
the Trust's Board of Trustees, including Trustees who are not "interested
persons" of the Fund (as defined in the 1940 Act).
<PAGE>
Exhibit 77K for PricewaterhouseCooper LLP
PricewaterhouseCoopers LLP served as the independent public accountants for the
Fund since April 14, 2000. PricewaterhouseCoopers LLP was informed of the
cessation of the client-auditor relationship on May 25, 2000.
PricewaterhouseCoopers LLP's reports on the financial statements for the Fund
for the year ended March 31, 2000 did not contain an adverse opinion or
disclaimer of opinion, nor was such report qualified or modified as to
uncertainty, audit scope or accounting principles. During their engagement as
independent auditors and any subsequent interim period, there were no
disagreements with PricewaterhouseCoopers LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement, if not resolved to the satisfaction of
PricewaterhouseCoopers LLP, would have caused PricewaterhouseCooper to make
reference to the subject matter of the disagreement in connection with its
report.
