Growth of $10,000 Investment
(Graph Omitted)
FUND HOLDINGS – (unaudited)
Polynous Growth Fund Portfolio Analysis as of July 31, 20051
(Chart Omitted)
See accompanying notes which are an integral part of these financial statements.
See accompanying notes which are an integral part of these financial statements.
See accompanying notes which are an integral part of these financial statements.
See accompanying notes which are an integral part of these financial statements.
See accompanying notes which are an integral part of these financial statements.
See accompanying notes which are an integral part of these financial statements.
At July 31, 2005, the net unrealized appreciation of investments for tax purposes was as follows: