3 14 May lt - Aug 12 NEZU CYCLICALS FUND LTD 31 Jul 05 O $187M 238.63 02 May 1.22% 2.62% 27.39% -6.58% -5.09% 10.44% 12.66% (25.06%) Fuyuki Fujiwara Mar 14 14 Oct 07 - Feb 09 OCTAGON PAN ASIA FUND 30 Sep 04 M $136M 209.69 31 Mar (0.61%) (3.95%) 4.6% 11.8% -6.07% 8.10% 8.78% (10.69%)