Belair Capital Fund 10K 2005 Annual report | SEC Filing

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Legalese
Litigious
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New words: acceptedin, accruedinterest, accruesinterest, adequateinternal, adjustedif, administering, AInvestment, albeit, Alliance, allocatedin, Alsoin, alsoincreased, andin, andindirectlyin, andinformation, andinformationincluding, andinterestholder, angst, aninterestin, aninvestment, anotherinvestment, appropriatein, areincluded, asinvestment, assetsin, assistin, atDecember, attractivein, auditin, auditincluded, auditsin, auditsincluded, BCredit, becomeinadequate, beenincluded, Belvorn, Belwater, BIncome, brokersin, byinvestingin, byinvestingindirectlyin, byitsinvestment, Capitalinvestsin, Capitalinvestsindirectlyin, CCash, changein, changesin, classin, Clearwood, CommissioninInternal, commodity, conditionsinvolving, connectionwith, considersinformation, Contractsin, Contractsinclude, contrast, curve, dealersin, decreasesininvestmentin, definedin, detectionof, determinedin, detracted, detrimental, differencesin, DInvestment, disclosuresin, distributionin, diversifiedinvestment, DPut, eachinvestor, eachinvestorin, earnsinterest, effectiveinternal, EInvestment, eitherin, Elkhornintend, emphasizesinvestmentsin, enteredinto, enteredintointerest, equityinvestmentin, equityinvestmentsin, establishedinInternal, estateinvestment, estatejoint, exceptin, expensesinclude, expensesincurred, Extate, facilityin, federalincome, FForeign, financingin, FInterest, flattening, fluctuationsin, forinterest, foritsinterestin, foritsinvestmentin, forthin, forwardinterest, Frameworkissued, fromitsinvestmentin, Fundcould, GAAP, gainof, GRental, hasissued, head, healthy, highin, HIncome, IDeferred, IExpense, includedin, includeinterest, incomeare, incurredin, instrumentsinclude, interestin, interestsin, inthe, investedin, investmentin, investmentsin, investmentsinclude, investsin, isclosed, itsindirectinvestment, itsinvesting, itsinvestment, JIncome, JUse, KOther, LUse, Lynchin, madein, maintainedin, majorityinterestin, Manaement, manaer, managementinvestment, managersin, maturesin, mayinvolve, mayissue, mortgagesissued, necessaryin, necessaryininterpreting, netincrease, netinvestmentincome, notable, notinclude, notincludeinterestincurredin, notincludingitsinvestmentin, notinvestedin, notreflect, ofapproximately, ofin, ofincome, ofinternal, ofitsinherent, ofitsinternal, ofitsinvestmentin, onincome, oninvestment, onlyin, orimproper, orindirectinterest, otherinterested, otherinvestment, Oxley, paragraph, periodsindicated, plagued, Portfolioin, predecessorininterest, priceindicatedin, priorityin, proceduresincluded, propertiesin, proportionateinterest, purchasedindirectinvestmentsin, purposesin, pursuesitsinvestment, recapitalization, receivablein, receivedindemnification, regulatedinvestment, resilient, riskin, rose, seasoned, segmentinformation, Shareholderin, shell, slight, small, soldin, soleinvestment, spending, statementsin, stockissued, struggle, submarket, suchinvestment, surge, taxableincome, terminatedin, thanstated, thatinvest, thatinvestment, theincome, theincrease, theindividual, theinherent, Theinitial, theinterest, theinternal, theinvestment, theissuer, thejoint, thetransaction, throughinvesting, toin, toinclude, toincrease, toissue, top, tradein, Transactionsin, tu, Unitsin, uponindependent, variousincome, vehicle, wasissued, withinterest, withissuing, withoutincurring, yearsin

Removed: Abercrombie, Accenture, Acxiom, ADC, Adobe, ADR, Advertising, ADVO, Aegon, aerospace, AFLAC, Agere, Agilent, Albertson, Alcatel, Alcoa, Allegheny, Allergan, Allied, Allstate, Alltel, Altera, Ameren, AmerisourceBergen, Amgen, Anadarko, Analog, AON, Apollo, apparel, Applera, Appliance, Arbitron, Arch, Arizona, Arrow, Arthur, ArvinMeritor, Ashland, Assisted, auto, Automatic, automatically, Automotive, AutoNation, AvalonBay, Avaya, Avery, Avon, Baker, Baldor, Bancgroup, Bancorp, Bancorporation, Banknorth, Banta, Bausch, Baxter, BCE, bear, Becton, BellSouth, Belo, Berkshire, Beverly, Biomet, biotechnology, Block, Blyth, Bob, Box, Bradley, Brinker, Broadcom, Burlington, Cablevision, Cadence, Campbell, Caraustar, Cardinal, Caribbean, carmax, carried, Casey, Catalina, catalog, CBRL, Celera, Cendant, Century, Ceridian, Certegy, Channel, Chase, Chemical, Chicago, Ciena, Cigna, Circuit, Cisco, Citigroup, Clear, Clorox, Coach, Coast, Coat, Colonial, Colorado, Comcast, Comerica, Commerce, commercial, Computer, Compuware, Comverse, Conagra, Conexant, Consulting, Contingent, Conversion, Core, Corning, Costco, Creek, Crow, CSG, CVS, Dana, de, Dean, Deere, defense, Del, Dell, Delphi, Dennison, Dentsply, department, Depot, development, Devon, Dickinson, Dionex, Dodge, Dominion, Donaldson, Donnelley, Dover, Dow, DST, Duke, DuPont, Dutch, Dycom, Dynegy, East, Eastman, eBay, Ecolab, economy, El, Elan, electric, electrical, Eli, EMC, Emerson, engineering, Enron, Entercom, Entertainment, EQR, Equalization, Equifax, equipment, ERP, Estee, Exelon, extraordinary, Exxon, Factory, family, Fe, Federated, Finova, Fitch, FON, food, Ford, forest, Forex, Fork, Fortune, Franklin, Fuel, Gallagher, Gamble, Gannett, Gap, Gartner, Gateway, Gaylord, Genzyme, Gevity, Gilead, Goldman, Grand, Grant, groep, Grumman, Guidant, Hartford, Hathaway, Hawaii, HBOC, HCA, healthcare, Heartland, Heinz, Helen, Henry, Herman, Hershey, Hibernia, Hillenbrand, Honda, Honeywell, household, HR, Huntington, IDX, Ikon, Ilsley, IMS, Incorporation, Incyte, ING, institution, Intel, Interface, International, interpreting, Interpublic, Intuit, Invitrogen, Isaac, ITT, Jabil, Jack, JDS, JM, John, Johnson, Jude, judgment, Katahdin, Keane, Kellogg, Kerr, Kilroy, Kinder, King, Knight, Kodak, Kraft, Kroger, Lamar, Lang, largest, Lasalle, Lauder, Lee, Legg, Leggett, Lehman, leisure, Lexmark, Liberty, Lilly, Lincoln, Linear, Litigation, Living, Lomb, Lone, Lucent, luxury, MacDermid, Manpower, Manulife, Marathon, Marriott, Marsh, Marshall, Maryland, Mason, Mattel, Maxim, Maytag, McCormick, McData, McDonald, McGee, McKesson, McLennan, MeadWestvaco, Medical, Medtronic, Merck, Meredith, MetLife, MGIC, MGM, Microsoft, Midwest, Miller, mining, Mobil, Molex, Monte, Moody, Morgan, Motor, Motorola, multiline, Mylan, Navigant, negotiated, Neiman, network, Newell, Nextel, Nike, Nokia, Nordstrom, Norfolk, Nortel, North, Northern, Northrop, Nucor, occurrence, Olin, Omnicom, Oracle, ordinarily, Outback, Pacific, packaging, Papa, paper, Parametric, Parcel, Parexel, Paso, Paul, Paychex, Penney, PepsiCo, PerkinElmer, Perot, Petroleum, Pfizer, Pharmaceutical, Pitney, Platt, PLC, Plum, PNC, Popular, post, power, PPG, Prideco, Processing, Procter, Progressive, Providian, PSA, PTEK, Qualcomm, Radian, radioshack, rail, Raymond, Reed, Renal, Republic, retail, retailing, Retek, River, Riverstone, road, Robinson, robust, Rockwell, Roebuck, Rohm, Roper, Rowe, Royal, RPM, RSL, Rubbermaid, Safeco, Safeguard, Safeway, Saloon, Sanmina, Santa, Sara, satisfied, SBC, Schein, Schlumberger, School, Schwab, Seagate, Sealed, Sedco, Sepracor, ServiceMaster, Shoesource, Siebel, Signal, SLM, Smith, Smithfield, Smucker, software, Solutia, Sonic, Sonoco, Soup, Southern, Southwest, specialty, Sprint, St, Standard, Stanley, Star, Steakhouse, Steel, Steelcase, Stewart, storage, Submission, Sun, SunGard, Sunrise, SunTrust, Sysco, Talk, TECO, Tecumseh, Teleflex, telephone, Tenet, Teradyne, Teva, Tiffany, Timber, TJX, tobacco, Tool, Torchmark, Trammell, Transocean, Tree, Tribune, Troy, TXU, Tyco, Tyson, unaltered, unattractive, underweighting, Unifi, Union, Uniphase, UnitedHealth, Universal, Univision, unregulated, UnumProvident, Urban, UST, Valero, Valspar, variable, Ventiv, Vertex, Viacom, visibility, Visteon, VISX, Vivendi, Wachovia, Waddell, Walgreen, Warehouse, Warner, Waste, Watson, Westwood, Weyerhaeuser, Whitney, Wholesale, Wind, Wisconsin, withdrawn, Witter, Wm, Worldwide, Worthington, Wrigley, Wyeth, Xerox, Xilinx, XL, yielding, Yum, Zebra, Zimmer

(a)	the Annual Report of the Fund on Form 10-K for the year ended December 31, 2005 (the Report) fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934, as amended; and

(b)	the information contained in the Report fairly presents, in all material respects, the financial condition and the results of operations of the Fund for such period.

Belair Capital Fund Inactive 10-K2005 FY Annual report

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