Privacy Policy. All nonpublic customer information, including
non-public information relating to former or inactive customers, shall be kept
confidential and shall only be disclosed to third parties as a result of a transaction
or service performed for the customer, or, as required by law.

Practices and Procedures
Access Restrictions. Letson Investment Management, Inc. will
restrict access to customers' personal and account information only to its employees
and non-affiliated outside parties where it is necessary to carry out its services
for the client.
Security. All hard copy files containing customer non-public
information are to be maintained in confidential secured locations. All documents
or correspondence containing customer non-public information will be destroyed
or shredded prior to disposal. Access to the Company's computer network, whether
local or remote, will be password protected. Computer back up disks containing
customer non-public information will be stored in a secured manner.
Confidentiality. Letson Investment Management, Inc.
will discuss confidentiality practices with each of its employees upon
hire
and maintains adherence to these policies and practices as a condition
of employment.
Should you have any questions, concerns, or comments, please
do not hesitate to
contact us.