EFTA01289764.pdf

Deutsche Asset & Wealth Management Ogy W,Yn 14.14.1.,tat Pdinets Cop,p Des-barn la* Sewnes cwt. P.O. Box 1778, Bahimore. MD 21203 Na Pan Atom*. lkh I ber Newlin* rtY 1011.4 01/1454.71114. (MI 78•471IS Account Number: WIG-023812 Statement Period: 1210112014 -12/31(2014 Valuation at a Glance This Period Year-to-Date SOUTHERN TRUST COMPANY INC Beginning Account Value 0,517,059.11 36,157,677.92 6100 RED HOOK QUARTER B3 Net Cash Deposits and Withdrawals 0 00 911.801.66 ST THOMAS VI 00802 Adjusted Previous Account Value 7,517,00.11 7,369,365.58 Dividends. Interest and Other Income 107,529 86 393,870.82 Net Other Activity 0 00 -3800 Net Chan e in Portfolio -205.321 75 -313.953 18 nding Account Value 57.449 267.22 57,449 267 22 Your Client Advisor: Estimated Annual Morn e 5435.800 88 DANIEL SABBA Asset Al location Prior Year-Fad Last Period Ibis Period % Allocation LSO Cash. Money Funds. and Bank Deposits 1,695,727 91 1,195,973.26 1,196,003.71 16.06% Please review your allocation Non-LSD Cash, Money Funds, and Bank Deposits 0.00 59,750.93 166,68828 2.21% [ I Nan-LSD Axed Income 1.650.000 00 1,776,551.92 1.551.11520 61.13% LSD Equities 1.530,150.00 1,512,780.00 1,532,160 00 20.57% l LSO Fixed Income 1.581./00.03 0.00 0.00 0.00% Account Total (Pie Chart) $6,157,577.92 67,617,059.11 67,119,267.22 100.00% See the Asset AInation Disclosure and Footnotes secton for important intonation regaudmg you Asset Moreton. Page 1013 Rated Excellent, 5010 OS 36CSF3002 (very Vs.. Since 2'007 s otatrisint.' sc=t -""=: DAUM. RATED COMMUNCATIONS uec exam rmer CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIErrPfa A s L SDNY_GM_00046792 O13-SDNY-0009616 EFTA_00I 57401 EFTA01289764  Asset Allocation Disclosure and Footnotes AP values are displayed m U.S. dollars based on interbank exchange rates as of 12/31r2014 Exchange rates can vary. Summary of Gains and Losses Realized Ibis Period Year-to-Date Unrealized Lang-Term Gain/Loss 0 00 -'93740 76 -294.442.87 Net Galnaoss 0.00 -193,740.76 -294,442.87 This summary excludes transactions where cost basis information is rot available. For Your Information On June 5, 2014, the European Central Bank (the ECG) introduced 'negative interest rates'. This negative interest rate applied to all deposits held at the ECB and other credit institutions. Effective February 1, 2015, the negative interest expense on any euro deposits will be charged to your account. The initial interest charge will be -.20% (20 basis points), and will reflect on your account statement as 'Free Credit Balance Interest Charge'. The interest MI be reported on your Forms 1099 andbor 1042-S for tax year 2015. These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Exchange Rate Table Global Cash Cerreacy Closing Mount In Currency USO Equivalent per USD Queasy Balance Base Offrency USD BRITISF P06 1.D 1 5590 0 6414 BRITISF POUND 106,920.00 166688.28 Total Global Cash Balance 6166,888.28 Exchange rates are based on interbank exchange rates as of 12/31/2014. Exchange rates can vary. Money Market Fund Detail Oate Activity Type Desolation Amount Balance Sweep Money Market Fund DWS GOVERNMENT CASH INSTL Account Number: 0000001489 Current Yield 0.03% Activity Ending: 12/31114 11129114 Opening Balance 1.195,97326 1,195,973.26 12131114 Dimwit !NCO,/ E RBA VEST 30.48 1.196.003.74 12131/14 Closing Balance $1,1911,003.74 Total All Money Market Funds $1,198,00324 Page2013 Account Number N46-023812 i t ) Itateatace000 00100536032300: 0800 ROLL GO paperless hrocy Van Woes 2007 CALMAR RAT OD COMMUNCATIONS SDNY_GM_00046793 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6:06THERtsOnrIDAMSITIA DB-SDNY-0009617 EFTA_00157402 EFTA01289765  Deutsche Asset & Wealth Management Gnaw* Rana P,,.,,. Wean Papmgenms Pdatert$ Cednee 00.p Dettfor4 Set Sew net w[. lire wan Mo. PO Boa 1778, Baltimore, ?JD 21203 HI Put einows. Min 1%v. *rye en AV VA in))454.71111. EMKII >SSC% Statement Period: 1210112014 • 12/3112014 Income and Expense Summary Current Period Year-to-Dale Taxable Non Taxable Taxable Non Taxable Dividend Income Equities 0.00 0.00 121,12500 000 Money Market 30.48 0.00 232.82 000 Interest Income Bend Interest 0.60 000 100,000.00 000 FDIC Insured Bank Deposits 000 0.00 80.56 0 00 Total Dividends, Interest, Income and Expenses $30.48 10.00 $221,438.38 $0.00 Portfolio Holdings U.S. DOLLARS Account Activity Opening Closing Accrued Income 30-Day Current Opening Date Quantity Number Ending Balance Balance Income This Year Yield Yield Cash, Money Funds, and Bank Deposits Money Market DWS GOVERN M ENT CASH INSTL 11129/14 1,196,003.740 0000001489 12131114 1.195,973 26 1.I96 003 74 0.00 23212 003% 0.03% Total Money Market 11,190973.26 11,196,003.74 $0.00 $23222 FDIC Insured Bank Deposits INSURED DEPOSTS PROGRAM 11129114 N1G023812 12131(14 0.00 000 0.00 60.56 N/A NIA Total FDIC Insured Bank Deposits $0.00 $0.00 $0.00 $80.66 Total Cash, Money Funds, and Bank Deposits 11,195,973.26 $1,196,003.74 $0.00 1313.38 Adjusted Unrealized Awued Estimated Estimated Date Applied Quality Unit Cost Cost Basis Market Price Market Value Gal/ Loss Interest Annual Income Yield Fixed Income (In Maturity Date Sequence) Corporate Bonds PETROLEOS OE VENEZUELA Security Identifier: P7807HAF2 NOTES SENIOR 'SIN* X30460546525 5.000% 10/28/15 REG DID 10/28/09 S8 P Rating al 12/04/13 '.3.12 2,000,000.000 95 3590 1.907,185 37 75 5000 1110,00010 -397,185.37 17,22222 100,00000 6.62% Page 3 of 13 Account Number: N4G-023812 Rated Excellent, GO paperless Every Vim.. Lea 2907 cumDENTIA OBALI MOLL DALBAR RATEDCOMMUNICATIONS exorarNCI SDNCGM_00046794 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 69 : 11ERk DB-SDNY-0009618 EFTA_00157403 EFTA01289766  Portfolio Holdings (continued) U.S. DOLLARS (continued) Adjusted Unrealized Accrued Estimated Estimated Crate Acquired Quantity Unit Cost Cost Basis Market Price Market Value Gain, Loss Interest Annual Income Yield Fixed Income (continued) Corporate Bonds (continued) PETROLEOS DE VENEZUELA (continued) Onginal Cost Basis $1 800 000 00 Total Corporate Bonds 61,907,185.37 $1,510,000.00 -6397,185.37 $17,222.22 $100,000.00 2,000,000.000 Total Fixed Income $1,907,185.37 $1,510,000.00 .$397,185.37 $17,222.22 $100,000.00 2,000,000.000 Unrealized Estimated Estimated Cate Acquired Quantity Unit Cod Cod Basis Market Price Market Value Gainflots Annual Income Yield Equities Preferred Stocks (Listed by expitatiort date) ALLY ANL INC Ax TO FLT Security Identifier: ALLY PRB DIV43.50% FREQ-QTRLY CALLABLE° 25.00 CL SIP 02005A308 ON A QTRLY BASIS AFTER 05115/2016 Dividend Option: Cash 06111113'.13 57,000.000 25.0780 1.429.117.50 26 8800 1.532.160.00 102,742.50 121.125.00 7.90% Total Preferred Stocks $1,429,417.50 $1.532,180.00 $102,712.50 $121,125.00 Total Equities $1,429,417.50 $1,532,160.00 $102,712.50 $121,125.00 Unrealized Accrued Estimated Cod Basis Market Value Gain! Loss Interest Annual Income Total U.S. DOLLARS $4,532,806.61 $1,238,163.71 .$294,442.87 $17,222.22 $221,430.30 BRITISH POUND Opening Posing Awned 30.0ay Description Quantity Balance Balance Currency Income Yield Cash, Money Funds, and Bank Deposits Global Cash Balance 38,160.00 108,920.00 GBP 166.686 28 1,S0 Total Cash, Money Funds, and Bank Deposits 38,180.00 108,920.00 GBP 0.00 166.688 28 LSO 0.00 Page 4 013 Account Number: 1446423 12 Rated tmolloni oattarta.r.r.a=2.1r.... -1 =. INIMI ROLL Go paperless Every V... Nate 2007 CALMAR RATED COMMUNICATIONS OST.I.DATAA rxesamer CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 693(6)6THERk N YE I DAENTEAL SDNY_GM_00046795 DB-SDNY-0009619 EFTA_00 157404 EFTA01289767  Deutsche Asset & Wealth Management (Misr< Rant Pnnie *man ..tptagenmt Weals Cisme 6,0.1) Destsev lank Sette*es lire wan Cali* P.O. Box 1778, Bahimore. MD 21203 HI Pan Ass.. Mk I ber Nor leek 1,tt 1)fl 01214:4-71114.11115 14,91, Statement Period: 1210112014 • 1213112014 Portfolio Holdings (continued) BRITISH POUND (continued) Acaued Estimated Estimated Description Quantity Market Price Market Value Currency Interest Annual Income Yield Fixed Income Marnay Dare Sequence) Corporate Bonds NATIONWIDE BUILDING SOCIETY EURO ISSUE 2,000,000.000 97.6400 1,952,800.00 GBP 4,155.22 137,500.00 7.04% COM/ GBP ISINS X51043181269 3,044,41520 USD 6,477.99 214,362.50 6.875% 09/20/88 REG DID 03111114 S8 P Rating BB Security Identifier G63980UK3 Total Corporate Bonds : 2,000,000.000 1,952,800.00 GBP 1,156.22 137,600.00 3,044,415.20 USD 6,477.99 214,362.50 Total Fixed Income: 2,000,000.000 1,952,800.00 GBP 1,156.22 137,600.00 3,044,415.20 USD 8477.99 214,362.50 Acaued Estimated Market Value Currency Interest Memel Income Total BRITISH POUND 2,059,720.00 GBP 4,155.22 137,600.00 3 211 103 48 LS) 6 477 99 214,362.50 Unrealized Accrued Estimated Cost Basis Market Value Gain( Loss Interest Mewl Income Total Portfolio Holdings - U.S. 14,532,605.61 17,449,267.22 .$294,442.87 $23,700.21 1435,800.88 DOLLARS Footnotes ' Noncovered under the cost basis rules as defined below. Securities acquired before 2011 are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ('IRC') (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered " noncovered.' under the new cost basis reporting rules. and marked or denoted as such. All other securities in this section are securities which are 'covered' under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as securities which have been acquired on or after their 'apple:able date(s)' at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-8 for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as knows: • Stock in a corporation acquired on or after January 1. 2011 • Mutual funds and dividend reinvestment plan (ORP) shares acquired on or after January 1.2012 • Other securities, principally debt securities and options, acquired on or after January 1, 2014, or later, as determined by the Secretary of the Treasury. Page 5 of 13 Account Number 1446423812 Itsted [salient, Go paperless .17Z1.4. 11-72.74":="0.=erti= csonnDAMSTITA Ivory Year Woo. 2'007 DALBAR RATED COMMUNCATIONS SOUTHERN rxciturnaer SDNY_GM_00046796 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009620 EFTA_00157405 EFTA01289768  Portfolio Holdings (continued) Cost Basis on fixed income securities is adjusted for amortization, accretion or principal paydowns. The method of calculation is based upon the type of fixed income security and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the portfolio system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those invaviig continuously callable bonds, foreign bonds, variable rates, bonds in default, index-linked bonds, bonds sold shod or bonds that have a negative yield. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided to us by the delivering km or transferring agent and Pershing makes no representation as to the accuracy of this information. Holdings Summary by Currency Carting Cub Fixed Income Equities Total by Curency U.S. DOLLARS 1,196,003 1.510 000 1 532.160 4 238 163 LSD BRITISH POIAD 106,920 1.952,800 0 2.059,720 GBP Total USD Equivalent 1 362 692 4 654 415 1 532 160 7 449 267 USD % of Allocation 11.29% 61.14% 20.57% 100.00% M essa es Federal Deposit Insurance Corporation (FDIC) -Insured Bank Deposits are not protected by Securities Investor Protection Caporation(SIPC) For disclosure of rates for DINS money market funds, please visit the OWS Investments website at https:fivrtwndws-invesbnents.conVENIproducts/money-market4unds-yields.jsp. Please note that all money market funds listed on the website may not be offered through us. Although a money market mutual fund seeks to preserve the value of your investment at S1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held In your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account Please see the money market mutual fund's prospectus or the bank deposit products disclosure document or contact your advisor for additional information. Please note the following information for Pershing's 2014 IRS Forms 1099 (8, DIV. INT, OID and MISC): Your form 1099 will be delivered as early as possible, beginning January 31, 2015. By February 17, you will receive either your 1099 form or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if issuers of securities you hold have not yet provided their final tax information. It will inform you of the securities that are pending final reporting, and will provide the anticipated mail date of your 1099 form. Your 1099 will be mailed no later than March 16. 2015. Pershing's Impartial Lottery Process: Partial Calls Information about Pershing's impartial lottery process can be found on pershing.corn/business_continuity. You may also request a printed copy of this information by calling (888) 367-2563, option 3 then option 5. When a security is subject to a partial redemption, pursuant to FINRA Rule 4340, Pershing must have procedures in place that are designed to treat clients fairly in accordance with an impartial lottery process. When an issuer initiates a partial call of securities, the depository holding such securities (typically, the Depository Trust Clearing and Corporation, or DTCC) conducts an impartial, computerized lottery using an inaemental random number technique to determine the allocation of called securities to participants for which it holds securities on deposit (including Pershing). Because DTC's lottery is random and impartial. participants may or may not receive an allocation of securities selected for redemption. When Pershing is notified that it received an allocation of called securities, Pershing conducts a similar, computer-generated random lottery. The lottery determines the accounts that will be selected and the number of securities in the account that will be redeemed. Allocations are based on the number of trading units held in the account The probability of any trading unit held by an account being selected as called in a partial call is proportional to the total number of trading units held through Pershing. Page 6 of 13 Account Number. N4G-023812 Rated t•collordi Go paperless typify Woes 2'007 6:THERreynnDrISITIA i . V S.Rat DALOAR RATED COMMUNICATIONS rxeittrwer SDNY_GM_00046797 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. DB-SDNY-0009621 EFTA_00157406 EFTA01289769  Deutsche Asset & Wealth Management Is.. Ram Pow. VeAtahn Manip-ntar Weals ONe077 0KM) Des-00/7 M Smelts +x. N....4 cwt. PO Bat 1770, Skidmore, MD 21203 Na Pon Annet 16017.0 New** aT 1004 0 30 04.7108. 78114791, Statement Period: 1210112014 • 12/3112014 M essa • es (continued) Once the lottery is complete. Pershing notifies introducing broker-dealers whose introduced accounts have received an alocation. Securities registered in the clients name, either in transit or held in custody, are excluded from the Pershing lottery process. Pershing initiates the lottery process by identifying the accounts holding the called security, the total par value of the called securities held, and the trading unit of the security. Example (unit of trade = 125,000): Ghent Account Par Value Number of Trading Units ABC-123234 5100,000 4 DEF-325465 $75,000 3 EDR-567433 $150,000 6 EAT-876574 $50.000 2 EGT-888345 $25.000 1 FRT-435234 $25,000 1 FRT-6513797 $75,000 3 In brief, the allocation process involves the following steps: *The number of trading units held in each account is identified. • A sequential number is assigned to each trading unit (e.g., account EOR-567433 would be assigned six numbers). • A random number is generated that will result in one of these trading units being the first unit in the selection process. Thereafter, the trading units participating in the allocation are based on an incremental random number technique until the number of trading units allocated to Pershing is exhausted. Additional Information ' The allocation of called securities not made on a pro-rata basis. Therefore, it is possible that a client may receive a full a partial redemption of shares held. Conversely. it is also possible that a client may not Page 7 of 13 Account Nuaber. N46-023812 R.I.d Excellent, I Q' >I Go paperiess I very V.7.7. Lace 2007 DAL OAR RATED O0MMUNCATIONS SOUTHERN CONnDENTIA r xcit r met SDNY_GM_00046798 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) OB-SDNY-00O9622 EFIA_00157407 EFTA01289770  M essageS (continued) have any securities selected for redemption at all. ' When a partial call is deemed favorable to the holders of the called security, Pershing will exclude certain accounts tom the lottery. Excluded accounts ill include Pershing's proprietary and employee accounts, as well as proprietary and employee accounts of introducing broker-dealers (if Pershing caries and clears those accounts). No alocation wit be made to these proprietary and employee accounts until al other client positions at Pershing in such securities have been called. When a partial can is deemed unfavorable to holders of the called security, Pershing will not exclude any accounts from the lottery. ' If the partial call is made at a price above the current market price as captured in Pershingris price reporting system, Pershing bid generaly categorize the partial call as one that is Favorable to the holders of such security. If the partial call is made at a price that is equal to or below the current market price of the security as captured in Pershing's price repotting system, Pershing will generaly categorize that call as one that is unfavorable to holders of the security. • Clients have the right to withdraw uncalled, fully paid securities from Pershing at any time prior to the cutoff date and time established by the issuer, transfer agent andlor depository with respect to the partial cal. tiClients also have the right to withdraw excess margin securities, provided that the client account is not subject to restriction under Regulation T or that such withdrawal wiN not cause an under-margined condition. u Activity Sum m ary (Ail amounts shovm are in base currency) Credits This Period Year-to-Date Debits This Period Year-to-Date Securities Securities Securities Bought 0.00 0.00 Secuntres Bought 0.00 -6.897.364.62 Total Securities $0.00 $0.00 Total Securities $0.00 -$8,897,384.82 Dividends and Interest $107,529.86 $393,870.82 Dividends and Interest $0.00 $0.00 Distributions $0.00 $1,808,259.24 Distributions $0.00 $0.00 Fees $0.00 $0.00 Fees $0.00 -$38.00 Cash Cash Deposits 000 911 807 66 Deposits 0 00 000 Total Cash $0.00 $911,807.86 Total Cash Woo $0.00 FDIC Insured Bank Deposits $0.00 $3,444,150.98 FDIC Insured Bank Deposits $0.00 -$1,748,423.06 Money Market Funds $0.00 $1,000,024.00 Money Market Funds -$30.48 -$2,196,027.74 Total Credits $107,529.16 $7,558,112.70 Total Debits