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Home My WebLink About0002_3_Independent Annual Audit - Exhibit B Independent Auditors' Report 203 N. Brea Blvd., Suite 203 Brea, CA 92821 Lance, Soll & Lunghard, LLP Phone: 714.672.0022 ,1'(3(1'(17$8',7256¶5(3257 7RWKH+RQRUDEOH0D\RUDQG0HPEHUVRIWKH&LW\&RXQFLO &LW\RI/DNH(OVLQRUH&DOLIRUQLD 5HSRUWRQWKH)LQDQFLDO6WDWHPHQWV Opinions :HKDYHDXGLWHGWKHDFFRPSDQ\LQJILQDQFLDOVWDWHPHQWVRIWKHJRYHUQPHQWDODFWLYLWLHVWKHEXVLQHVVW\SH DFWLYLWLHV HDFK PDMRU IXQG DQG WKH DJJUHJDWH UHPDLQLQJ IXQG LQIRUPDWLRQ RI &LW\ RI /DNH (OVLQRUH &DOLIRUQLDWKH&LW\DVRIDQGIRUWKH\HDUHQGHG-XQHDQGWKHUHODWHGQRWHVWRWKHILQDQFLDO VWDWHPHQWV ZKLFK FROOHFWLYHO\ FRPSULVH WKH &LW\¶V EDVLF ILQDQFLDO VWDWHPHQWV DV OLVWHG LQ WKH WDEOH RI FRQWHQWV ,Q RXU RSLQLRQ WKH ILQDQFLDO VWDWHPHQWV UHIHUUHG WR DERYH SUHVHQW IDLUO\ LQ DOO PDWHULDO UHVSHFWV WKH UHVSHFWLYHILQDQFLDOSRVLWLRQRIWKHJRYHUQPHQWDODFWLYLWLHVWKHEXVLQHVVW\SHDFWLYLWLHVHDFKPDMRUIXQG DQGWKHDJJUHJDWHUHPDLQLQJIXQGLQIRUPDWLRQRIWKH&LW\RI/DNH(OVLQRUH&DOLIRUQLDDVRI-XQH DQGWKHUHVSHFWLYHFKDQJHVLQILQDQFLDOSRVLWLRQDQGZKHUHDSSOLFDEOHFDVKIORZVWKHUHRIIRUWKH\HDUWKHQ 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