EFTA01512543.pdf

J.PMorgan FINANCIAL TRUST COMPANY, INC. ACCT. For the Period 4/1/09 to 4/30/09 The JPMorgan funds or The JPMorgan Institutional Funds or The American Century Funds Shares cl Me funds we not bank deposits and we not guaranteedby any bank government entry or Me FCC Return end shire cense wet %bus* and redempbcn yobs tray be mare a less than eng,nalcost alub the money market funds sea to mbar.,a stabb net SSW Wheat SI W pat share. Mere • no bur Boarthet they ma COMmue to 00 so The estoneKKIannualname and chbrend meat bates kr mutual funds reprebnIthe funds' most Went inCOme awdendabutted The dalhoulor of the Jflforgen Funds a Jhbforgen Danbubon Services Inc. winch is en aflame of JP/Answii Chase Bonk. NA !Miaow, Chase Bank NA and as agitates recerm conmensetton tan JPMorgan Funds for probing mobs AmeoCan Century ImestmerUSenmes Inc a the drstatftor d It. Amman Century Funds AowanCanby IneerstmentManagementInc saves as .noisentweachnsc lo as aks,txcbarhend larsliarKIrece,..sccoloseasaton atm that fund farm fa cramIng love9M6M advesoryond ,hand swims Important InfounsbonRegarabgAucbon Rate Secunbes (ARS) ARS are debtor Neferredsecure-rex awn an interest or disbud rate resetporedbaym an suction Arteshugh Mote may be dock weekly end monthly resets they is no guentnteethat Mere wet be aviary If Mate arena enough bds at an baron to redeem the secw'tes bubblerb sere the maid mey bee faded welch In a fatedmach Mere a no esstrencedrel a seconderynavketwa deb...ma That the secuay waY trade at or any other price redebb on stelenents Ashcan& swestors shoed na rely on prang rgarnafron appeanngin thew statements with respect to as JPOAS/ia Me babaItn a WedOphOnS publesedttarough JPMSI Youmust pebbly sdyrseJFIASIofmetenalchebes you bestment obctrue or Irmingersmarten Unless souintim JMASI otherwise .0MSI whobsder Me eiryboboncurrendyrn ts fibs to be combine and mon* Youshould heyerecewedseparateNTUSJconhursabons fa each socuntes Vansacbon AV trensecbons ere subsea Jo the Isms and condoms sated on the roseusmks of such scannehms end are subject to the consteuton. bybus customs and berpretafons of the fneflwrepbeveltere treadedand 'Premed by and COnSbed n ac dance with the lava tithe Shale a New Yak and et applarebNIOMYalba and regrAMOns Further arbmaten min toSpeCt to ConwsishOns end alb charges robed to Me erecutron ot transactor,. includmv oceans binsecbons has been rnductod in coarmebons Mar wereprevousylanchod to you Upon warren baba JPUSI Wet protrollysupplymt whit the blast such shAwnwsbon Shrboldenot caftan JPMorgan Funds are chargeda rederrpttonfat equallo 2% of be proceeds • they exchengea rodeemshants a albs holds w.thot CO days a purchase subset to certainexceptionsset forth in ere prospectus a Me apprcabFuncl Please consult your JP Morgan repesentebyetor a tat of the JPAIonsan Funds that aware fedempton fees JAWS! a • Mentor of the Secuntes InvestorMorecton Capcmtch EMPC"). • noace-pra• memteshp owperahon handed by coke-MS s trbstevol with Me Unwires and EschangoComnasston Sec cotes and cash held Anniston.. at JAYS! we p abated by SIFC up to S9242000 pearstaner. Ova includes up to S100020 a protedron !crash WPC does not protect agahst tosses horn fluctuabbs in the bursa/Me swages Assets had fin custody by JPIArgion Chase Bank N A (the Tank) ere not subsea to MFG Toumayobbn infoestrombout $IPC, maatng Lie SIPC &achy. on that babe. at 'shyly ape erg' a OYOWWwthh0 Mem at (202) 3T141300 TO thhestenteppabbet plebereed the baby drsCbsries regadvg estimated annualrneOme (EAgbd Mibmeledrad(EY)EAland Dia Oblern types Of seamfres CUM Ina* a Myrna phreattel Ceptialgthms ffi breath C040 the EAtend EY nook, Co Overstated EN andEYateasnmates and the actualmemo and yadngnf be lower or hghorthen the OSIMSIOdaMOuntS Elenahods only the mon* genfledby n inwitihrent Adam not rehrachengos n as mot which may &Chia JP Mayan Soar ems Inc JPMorgan Chase Bank N A a Nor abaSes (the P Morgan Cobbles Jmay proud,radmnbabve custdrat Sales. distnbutch of sNrehobbervass to JAI/organ Funds. Anwar, Century Funds or funds elfabaShed sponsored. *chased a managed by Mrd pates and Me JP Morgan Cobones by be compensated kr such sauces Bab products and soothes we abed bawls JPaloyen Chase Bank NA end Cs *MS Securthes we offered by .0 P Mogen Securdes Inc Account Page 10 of 10 Page 11 of 17 Confidential Treatment Requested by JPMorgan JPM-SDNY-00038390 Chase CONFIDENTIAL SDNY_GM_00307588 EFTA01512543