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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 6
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<PAGE> PAGE 11
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SIGNATURE ERIC BANHAZL
TITLE SR. VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> BAILARD, BIEHL, KAISER INTERNATIONAL FUND GROUP, INC.
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<NAME> BAILARD, BIEHL & KAISER INTERNATIONAL BOND FUND
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