The Trust adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
June 30, 2002, amounts have been reclassified to reflect a decrease in paid-in
capital of $69,836. Accumulated net realized loss on investments was decreased
by the same amount. Net assets of the Trust were unaffected by the
reclassifications.