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The Polynous Growth Fund has been closed as of May 15, 2008. Increasing regulatory and compliance costs, ironically inflicted on the regulated Investment Company industry largely due to misdeeds by other unregulated entities in the Financial Services industry, resulted unfortunately in it being increasingly impossible to attempt to run a small mutual fund. Shareholder loyalty to the Fund was greatly appreciated and sincere apologies are offered to any shareholders who have been inconvenienced by the Fund's closure. For information about your account in the Fund , please contact the Fund's transfer agent at 800-528-8069.