<DOCUMENT>
<TYPE>EX-99.77D POLICIES
<SEQUENCE>3
<FILENAME>ridera.txt
<DESCRIPTION>POLICIES
<TEXT>
One of the fund's investment policies has been amended to provide that
the fund may invest significantly in securities of companies in the
financial sector, although it will not invest more than 25% of its
total assets in any single industry within the financial sector.
Previously, the fund was permitted to invest up to 25% across the
entire financial sector and therefore limited the fund's ability to
invest in the individual industries within this sector.  Please note
that this change does not in any way supercede the core requirements
that the fund invest: (i) at least 40%, but no more than 60%, of its
total assets in common stocks issued by real estate companies, such as
REITs and (ii) at least 40%, but no more than 60%, of its total assets
in preferred securities.

</TEXT>
</DOCUMENT>
