 |
 |
ALNUKHBA
ASIA EQUITY FUND |
|
SUMMARY OF
FINANCIAL STATEMENTS |
| |
|
|
Audited Statements of Net Assets at
December 31,
2004 |
|
US
DOLLARS |
|
|
ASSETS |
US Dollar |
|
Investment in Securities at Market value
|
7,035,526 |
|
Cash at Banks
|
172,112 |
|
Accrued Income
|
21,970 |
|
|
|
Total Assets
|
$7,229,608
|
|
|
|
LIABILITIES
|
US Dollar |
|
Accrued Expenses
|
69,897 |
|
Payable for Redemption |
11,159
|
|
Total Liabilities
|
$81,056 |
|
|
|
TOTAL NET ASSETS |
$7,148,552 |
|
Number of Units Outstanding |
$64,507 |
|
NET ASSET VALUE PER UNIT |
$110.82 |
|
| |
|
|
|
