BLUETREND FUND. LTD • CLASS A 31 Mar 04 M $9'400M 264.84 30 Apr 0.96% (2.80%) -11.5% 0.02% 0.32% 10.14% 14.07% (22.05%) Michael Platt & Leda Braga Feb 14 14 Apr 11 -Jan 14 BORONIA DIVERSIFIED FUND MASTER 31 Aug 93 M $43M 1,795.34 06 May (1.32%) (2.62%) 13.23% .3.99% -8.75% 9.15% 11