h&q life sciences investors annual report 2006 merrill corp h_q funds 09 29 aux mschroea 21 nov 06 00 14 22409 2 aa sequence 1 chksum content 29227 layout 10809 graphics 3458 clean job cycle bl 5 0 trim 375 x 8 as chicago 312 786 6300 composite colors black pantone 356 u note color dna_pms356_logo eps flask pms356 logo microscop v1 no 25725 none to our shareholders on september 30 the net asset value nav per share of fund was 13 94 during twelve month period ended total return at your 12 50 most recent six