EFTA01547981.pdf

SOUTHERN TRUST COMPANY, INC 6100 RED HOOK QUARTER, B3 ST. THOMAS 00802 VIRGIN ISLANDS (U.S.) EFTA01547981 EFTA01547982 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Asset Account J.P. Morgan Team Justin Nelson Paul Barrett Janet Young Gina Magliocco Jason Grosse Online access Banker Investment Specialist Client Service Team Client Service Team Client Service Team www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 800/634-1318 Table of Contents Account Summary Holdings Cash & Fixed Income Other Assets Portfolio Activity 4 9 10 Page 2 0000012285.15.0.15.00001.SOUTHAF.20130904 Page 1 of 22 EFTA01547983 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Account Summary Asset Allocation Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 4,888,366.64 $4,888,366.64 19.27 $4,888,385.91 Ending Market Value 5,139,757.02 $5,139,757.02 45.15 $5,139,802.17 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals (2,400.00) ($2,400.00) 36,993.20 216,797.18 $5,139,757.02 45.15 $5,139,802.17 Period Value 4,888,366.64 Change In Value 251,390.38 $251,390.38 25.88 $251,416.26 Year-to-Date Value 0.00 5,000,000.00 (77,400.00) EFTA01547984 $4,922,600.00 36,993.20 180,163.82 $5,139,757.02 45.15 $5,139,802.17 Estimated 544.79 $544.79 Current Annual Income Allocation 100% 100% Page 2 of 22 EFTA01547985 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Account Summary Income Summary Currency Gain/Loss Interest Income Income CONTINUED Current Period Value 36,973.93 19.27 $36,993.20 Year-to-Date Value 36,973.93 19.27 $36,993.20 Unrealized Gain/Loss To-Date Value $109,624.87 Cost Summary Cash & Fixed Income 4,959,593.20 Cost Total $4,959,593.20 Page 3 of 22 EFTA01547986 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Cash & Fixed Income Summary Beginning Asset Categories Cash Complementary Structured Strategies Foreign Exchange Contracts Total Value Market Value/Cost Market Value Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1 Market Value 5,307,185.00 (418,818.36) 0.00 $4,888,366.64 Ending Market Value 5,447,995.20 (378,777.13) 70,538.95 $5,139,757.02 Current Period Value 5,139,757.02 4,959,593.20 109,624.87 544.79 45.15 0.01% Cash & Fixed Income as a percentage of your portfolio 100% SUMMARY BY TYPE Market Value 5,069,218.07 % of Bond Portfolio 100% The years indicate the number of years until the bond is scheduled to mature based on the statement end date. Some bonds may be called, or paid in full, before their stated maturity. EFTA01547987 Cash & Fixed Income Cash Complementary Structure Total Value Market Value 5,447,995.20 (378,777.13) $5,069,218.07 % of Bond Portfolio 100% 100% Cash Change In Value 140,810.20 40,041.23 70,538.95 $251,390.38 Current Allocation 99% 1% 100% Foreign Exchange Contracts Asset Categories Page 4 of 22 EFTA01547988 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY Value in Currency AUSTRALIA DOLLAR N ZEALAND DOLLAR US DOLLAR (2,000,000.00) (3,500,000.00) 4,527,340.00 Note: 1 This is the Annual Percentage Yield (APY) which is the rate earned if balances remain on deposit for a full year with compounding, there is no change in the interest rate and all interest is left in the account. Cash & Fixed Income Detail Price Cash US DOLLAR 1.00 5,447,995.20 5,447,995.20 5,447,995.20 544.79 45.15 0.01% 1 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Page 5 of 22 EFTA01547989 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Price Complementary Structured Strategies AUD CALL USD PUT FX EUROPEAN STYLE OPTION JAN 24, 2014 @ .94 KI @ 0.96 KO @ 0.88 XAUDCA-FK-Z AUD PUT USD CALL FX EUROPEAN STYLE OPTION JAN 24, 2014 @ .89 WINDOW RKI @ 0.8760 UNTIL 9SEP13 XAUDPA-JE-Z CAD CALL USD PUT FX EUROPEAN STYLE OPTION FEB 11, 2014 @ 1.02 XCADCA-FG-Z GBP CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ 1.57 KI @ 1.585 KO @ 1.53 XGBPCA-OV-Z JPY CALL USD PUT FX EUROPEAN STYLE OPTION JAN 29, 2014 @ 95. KI @ 94 KO @101 XJPYCA-UW-Z JPY CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ 95. KO @ 99.35 XJPYCA-VC-Z 0.01 (285,000,000.00 ) (21,272.64) (28,200.00) 6,927.36 0.01 (475,000,000.00 ) (65,363.53) (71,250.00) 5,886.47 0.90 (5,000,000.00 ) (45,167.66) (49,847.50) 4,679.84 0.60 (4,590,000.00 ) (27,530.60) EFTA01547990 (58,500.00) 30,969.40 1.70 (4,500,000.00 ) (76,620.78) (43,654.50) (32,966.28) Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.24 (10,000,000.00 ) (23,911.34) (96,350.00) 72,438.66 Page 6 of 22 EFTA01547991 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Price Complementary Structured Strategies NZD CALL USD PUT FX EUROPEAN STYLE OPTION JAN 23, 2014 @ .82 KI @ 0.845 KO @ 0.768 XNZDCA-DD-Z NZD CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ .8 KO @ 0.77 XNZDCA-DE-Z NZD PUT USD CALL FX EUROPEAN STYLE OPTION OCT 24, 2013 @ .8 KO @ 0.84 XNZDPA-EV-Z Total Complementary Structured Strategies ($378,777.13) ($488,402.00) $109,624.87 $0.00 0.00% 3.40 (3,000,000.00 ) (102,125.38) (43,320.00) (58,805.38) 0.16 (2,000,000.00 ) (3,170.30) (15,280.00) 12,109.70 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.14 (10,000,000.00 ) (13,614.90) (82,000.00) 68,385.10 Page 7 of 22 EFTA01547992 EFTA01547993 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Market Value Receivable Trade Date Foreign Exchange Contracts AUSTRALIA DOLLAR AUSTRALIA DOLLAR AUSTRALIA DOLLAR N ZEALAND DOLLAR N ZEALAND DOLLAR N ZEALAND DOLLAR N ZEALAND DOLLAR POUND STERLING POUND STERLING POUND STERLING POUND STERLING US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR US DOLLAR Total Foreign Exchange Contracts Aug. 29 13 Sep. 3 13 Aug. 22 13 Sep. 3 13 Aug. 29 13 Sep. 9 13 Aug. 29 13 Sep. 3 13 Aug. 22 13 Sep. 3 13 Aug. 28 13 Sep. 3 13 Aug. 29 13 Sep. 23 13 Aug. 29 13 Sep. 3 13 Aug. 21 13 Sep. 23 13 Aug. 22 13 Sep. 3 13 Aug. 29 13 Sep. 23 13 EFTA01547994 AUD USD AUD USD AUD USD NZD USD NZD USD NZD USD NZD USD GBP USD GBP USD GBP USD GBP USD 2,000,000.00 (1,788,740.00) (2,000,000.00) 1,802,000.00 (2,000,000.00) 1,788,000.00 3,500,000.00 (2,723,315.00) (2,500,000.00) 1,957,500.00 (1,000,000.00) 777,095.00 (3,500,000.00) 2,719,500.00 1,000,000.00 (1,549,280.00) 1,000,000.00 (1,563,633.00) (1,000,000.00) 1,559,213.00 (1,000,000.00) 1,549,000.00 0.894370 0.901000 0.894000 0.778090 0.783000 0.777095 0.777000 EFTA01547995 1.549280 1.563633 1.559213 1.549000 1.118105 0.890475 0.890125 1.285198 0.773392 0.773392 0.772342 1.549280 1.546628 1.546864 1.546628 1,788,740.00 1,788,740.00 1,802,000.00 1,780,949.85 1,788,000.00 1,780,249.85 2,723,315.00 2,723,315.00 1,957,500.00 1,933,481.04 777,095.00 773,392.41 2,719,500.00 2,703,198.43 1,549,280.00 1,549,280.00 1,546,627.80 1,563,633.00 1,559,213.00 1,546,864.47 1,549,000.00 1,546,627.80 $19,760,270.80 $19,689,731.85 (17,005.20) 12,348.53 2,372.20 $70,538.95 24,018.96 3,702.59 16,301.57 21,050.15 7,750.15 Currency Settlement Date Counter Currency Amount EFTA01547996 Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Page 8 of 22 EFTA01547997 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Other Summary Asset Categories Other Beginning Estimated Value 0.00 Ending Estimated Value 0.00 Change In Value 0.00 Current Allocation Page 9 of 22 EFTA01547998 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance (76,867.00) 164,867.00 $88,000.00 $5,447,995.20 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position (76,867.00) 577,667.00 $500,800.00 -10,134,800.93 $10,134,820.20 (2,400.00) (10,110,225.00) ($10,112,625.00) Period Value 5,337,800.00 19.27 Year-To-Date Value* -19.27 5,000,000.00 13,175,370.93 $18,175,390.20 (77,400.00) (13,150,795.00) ($13,228,195.00) Page 10 of 22 EFTA01547999 EFTA01548000 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Income 8/1 Interest Income Description DEPOSIT SWEEP INTEREST FOR 07/01/13 - 07/31/13 @ .01% RATE ON AVG COLLECTED BALANCE OF $2,304,675.80 AS OF 08/01/13 Quantity Cost Per Unit Amount Amount 19.27 Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/22 8/26 8/26 8/26 8/30 FX Fwd Contract Spot FX Spot FX Spot FX Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL JPY EXCHANGE RATE 97.340000000 DEAL 08/20/13 VALUE 08/22/13 (ID: 0JPYPR-AA-9) SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.791700000 TRADE 8/02/13 VALUE 8/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL AUD EXCHANGE RATE .899618000 DEAL 08/21/13 VALUE 08/26/13 (ID: OAUDPR-AA-8) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL NZD EXCHANGE RATE .786593000 DEAL 08/21/13 VALUE 08/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL AUD EXCHANGE RATE .894300000 DEAL 08/28/13 VALUE 08/30/13 (ID: OAUDPR-AA-8) (1,000,000.000 ) (894,200.00) 894,300.00 EFTA01548001 (2,000,000.000 ) (1,566,900.00) 1,573,186.00 (2,000,000.000 ) (1,803,000.00) 1,799,236.00 (500,000.000) (391,725.00) 395,850.00 Quantity Cost (381,342,000.000 ) (3,900,000.00) Amount 3,917,628.93 Page 11 of 22 EFTA01548002 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/30 Total Foreign Exchange - Inflows Type Settle Date Selection Method Withdrawals 8/26 8/27 8/29 Description Misc Disbursement TRANSFERRED BY WIRE TO J P MORGAN CLEARING CORP FAO SOUTHERN TRUST COMPANY INC AS REQUESTED Misc Disbursement TRANSFERRED BY WIRE TO J P MORGAN CLEARING CORP FAO SOUTHERN TRUST CO INC. AS REQUESTED Misc Disbursement TRANSFERRED BY WIRE TO J P MORGAN CLEARING CORP FAO SOUTHERN TRUST CO INC AS REQUESTED Total Withdrawals Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/22 Description SPOT CURRENCY TRANSACTION - BUY BUY JPY SELL USD EXCHANGE RATE 97.780000000 DEAL 08/20/13 VALUE 08/22/13 (ID: 0JPYPR-AA-9) Quantity Cost 381,342,000.000 3,900,000.00 Quantity Cost Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL NZD EXCHANGE RATE .777300000 DEAL 08/28/13 VALUE 08/30/13 (ID: ONZDPR-AA-5) $10,134,800.93 Quantity Cost (2,000,000.000 ) (1,554,400.00) Amount 1,554,600.00 Amount (200.00) (200.00) EFTA01548003 (2,000.00) ($2,400.00) Amount (3,900,000.00) Page 12 of 22 EFTA01548004 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/26 8/26 8/30 8/30 Spot FX Spot FX Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY AUD SELL USD EXCHANGE RATE .901500000 DEAL 08/22/13 VALUE 08/26/13 (ID: OAUDPR-AA-8) SPOT CURRENCY TRANSACTION - BUY BUY NZD SELL USD EXCHANGE RATE .783450000 DEAL 08/22/13 VALUE 08/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - BUY BUY AUD SELL USD EXCHANGE RATE .894200000 DEAL 08/28/13 VALUE 08/30/13 (ID: OAUDPR-AA-8) SPOT CURRENCY TRANSACTION - BUY BUY NZD SELL USD EXCHANGE RATE .777200000 DEAL 08/28/13 VALUE 08/30/13 (ID: ONZDPR-AA-5) Total Foreign Exchange - Outflows TRADE ACTIVITY Note: Trade Date Settle Date 8/2 8/6 8/7 8/8 ($10,110,225.00) 2,000,000.000 1,554,400.00 (1,554,400.00) 1,000,000.000 894,200.00 (894,200.00) 2,500,000.000 1,958,625.00 (1,958,625.00) Quantity Cost 2,000,000.000 1,803,000.00 Amount (1,803,000.00) EFTA01548005 C indicates Currency Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description Settled Sales/Maturities/Redemptions Sell Option FIFO Quantity NZD PUT USD CALL FX EUROPEAN STYLE OPTION AUG (2,000,000.000 ) 26, 2013 @ .78 RESALE OF PURCHASED FX OPTION (ID: XNZDPA-EW-Z) Option Buyback CAD CALL USD PUT FX EUROPEAN STYLE OPTION JAN FIFO 24, 2014 @ 1.02 KI @ 1.005 KO @ 1.055 REPURCHASE OF WRITTEN FX OPTION (ID: XCADCA-FF-Z) Page 13 of 22 10,200,000.000 0.005 (49,000.00) 91,000.00 42,000.00 C Per Unit Amount 0.009 Proceeds 17,160.00 Cost (12,246.00) Realized Gain/Loss 4,914.00 C EFTA01548006 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 8/1 8/13 8/26 8/26 8/29 8/29 8/23 8/30 Expired Option High Cost Expired Option High Cost Sell Option FIFO Option Buyback NZD PUT USD CALL FX EUROPEAN STYLE OPTION OCT FIFO 24, 2013 @ .8 KO @ 0.84 REPURCHASE OF WRITTEN FX OPTION (ID: XNZDPA-EV-Z) ENTRY REVERSED ON 08/29/2013 NZD PUT USD CALL FX EUROPEAN STYLE OPTION AUG 26, 2013 @ 78 EXPIRATION OF PURCHASED FX OPTION (ID: XNZDPA-EW-Z) TO REVERSE ENTRY OF 08/26/2013 NZD PUT USD CALL FX EUROPEAN STYLE OPTION AUG 26, 2013 @ .78 EXPIRATION OF PURCHASED FX OPTION AS OF 08/26/13 (ID: XNZDPA-EW-Z) NZD PUT USD CALL FX EUROPEAN STYLE OPTION AUG (3,000,000.000 ) 26, 2013 @ .78 RESALE OF PURCHASED FX OPTION AS OF 08/27/13 (ID: XNZDPA-EW-Z) Total Settled Sales/Maturities/Redemptions ($76,867.00) $89,265.00 $12,398.00 C 0.003 10,413.00 (18,369.00) (7,956.00) C 3,000,000.000 18,369.00 18,369.00 C (3,000,000.000 ) (18,369.00) (18,369.00) C Quantity EFTA01548007 2,000,000.000 Per Unit Amount 0.028 Proceeds (55,440.00) Cost 28,880.00 Realized Gain/Loss (26,560.00) C Trade Date Settle Date Type Description Settled Securities Purchased 7/31 8/2 Purchase Option NZD PUT USD CALL FX EUROPEAN STYLE OPTION AUG 26, 2013 @ .78 PURCHASED FX OPTION PUT 5,000,000.00 NZD CALL 3,900,000.00 USD (ID: XNZDPA-EW-Z) Quantity 5,000,000.000 Per Unit Amount 0.006 Market Cost (30,615.00) * Page 14 of 22 EFTA01548008 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Trade Date Settle Date Type Settled Securities Purchased 8/1 8/5 Description Purchase Option ENTRY REVERSED ON 08/13/2013 NZD PUT USD CALL FX EUROPEAN STYLE OPTION OCT 24, 2013 @ 0.8 KO @ 0.84 PURCHASED FX OPTION PUT 2,000,000.00 NZD CALL 1,600,000.00 USD TRADE DATE 08/01/13 (ID: XNZDPA-EY-Z) 8/6 8/8 8/6 8/8 8/7 8/9 8/8 8/12 8/9 8/12 8/1 8/13 Write Option Write Option JPY CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ 95. KO @ 99.35 WRITTEN FX OPTION CALL 285,000,000.00 JPY PUT 3,000,000.00 USD (ID: XJPYCA-VC-Z) Write Option NZD CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ .8 KO @ 0.77 WRITTEN FX OPTION CALL 2,000,000.00 NZD PUT 1,600,000.00 USD (ID: XNZDCA-DE-Z) Write Option GBP CALL USD PUT FX EUROPEAN STYLE OPTION FEB 06, 2014 @ 1.57 KI @ 1.585 KO @ 1.53 WRITTEN FX OPTION CALL 5,000,000.00 GBP PUT 7,850,000.00 USD (ID: XGBPCA-OV-Z) Write Option AUD PUT USD CALL FX EUROPEAN STYLE OPTION JAN 24, 2014 @ .89 WINDOW RKI @ 0.8760 UNTIL 9SEP13 WRITTEN FX OPTION PUT 4,500,000.00 AUD CALL 4,005,000.00 USD (ID: XAUDPA-JE-Z) CAD CALL USD PUT FX EUROPEAN STYLE OPTION FEB 11, 2014 @ 1.02 WRITTEN FX OPTION CALL 4,590,000.00 CAD PUT 4,500,000.00 USD (ID: XCADCA-FG-Z) EFTA01548009 Purchase Option TO REVERSE ENTRY OF 08/05/2013 NZD PUT USD CALL FX EUROPEAN STYLE OPTION OCT 24, 2013 @ 0.8 KO @ 0.84 PURCHASED FX OPTION PUT 2,000,000.00 NZD CALL 1,600,000.00 USD TRADE DATE 08/01/13 AS OF 08/05/13 (ID: XNZDPA-EY-Z) Total Settled Securities Purchased $164,867.00 Page 15 of 22 (2,000,000.000 ) 0.028 55,440.00 (4,590,000.000 ) 0.013 58,500.00 (4,500,000.000 ) 0.01 43,654.50 (5,000,000.000 ) 0.01 49,847.50 (2,000,000.000 ) 0.008 15,280.00 (285,000,000.000 ) 28,200.00 Quantity 2,000,000.000 Per Unit Amount 0.028 Market Cost (55,440.00) EFTA01548010 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Summary - Australia Dollar Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS ** Total Outflows Period Value -2,697,200.00 $2,697,200.00 Foreign Exchange - Outflows Ending Cash Balance (2,693,536.00) ($2,693,536.00) -Year-To-Date Value* -2,697,200.00 $2,697,200.00 (2,693,536.00) ($2,693,536.00) -Local Value Current Period Value 0.00 3,000,000.00 3,000,000.00 (3,000,000.00) (3,000,000.00) 0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Year-To-Date Value* -3,000,000.00 3,000,000.00 (3,000,000.00) (3,000,000.00) -Page 16 of 22 EFTA01548011 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Detail - Australia Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/26 8/30 Spot FX Total Foreign Exchange - Inflows Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/26 8/30 Spot FX Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL AUD EXCHANGE RATE .899618000 DEAL 08/21/13 VALUE 08/26/13 (ID: OAUDPR-AA-8) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL AUD EXCHANGE RATE .894300000 DEAL 08/28/13 VALUE 08/30/13 (ID: OAUDPR-AA-8) Total Foreign Exchange - Outflows ($2,693,536.00) ($3,664.00) 894,300.000 (894,300.00) (1,000,000.00) 100.00 Quantity 1,799,236.000 Description SPOT CURRENCY TRANSACTION - BUY BUY AUD SELL USD EXCHANGE RATE .901500000 DEAL 08/22/13 VALUE 08/26/13 (ID: OAUDPR-AA-8) SPOT CURRENCY TRANSACTION - BUY BUY AUD SELL USD EXCHANGE RATE .894200000 DEAL 08/28/13 VALUE 08/30/13 (ID: OAUDPR-AA-8) $2,697,200.00 Amount USD Local Value (1,799,236.00) (2,000,000.00) $0.00 Currency Gain/Loss USD (3,764.00) EFTA01548012 (894,200.000) 894,200.00 1,000,000.00 Quantity (1,803,000.000 ) Amount USD Local Value 1,803,000.00 2,000,000.00 Currency Gain/Loss USD Page 17 of 22 EFTA01548013 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Summary - Japanese Yen Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS ** Total Outflows Period Value -3,900,000.00 $3,900,000.00 Foreign Exchange - Outflows Ending Cash Balance (3,917,628.93) ($3,917,628.93) -Year-To-Date Value* -3,900,000.00 $3,900,000.00 (3,917,628.93) ($3,917,628.93) -Local Value Current Period Value 0.00 381,342,000.00 381,342,000.00 (381,342,000.00) (381,342,000.00) 0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Year-To-Date Value* -381,342,000.00 381,342,000.00 (381,342,000.00) (381,342,000.00) -Page 18 of 22 EFTA01548014 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Detail - Japanese Yen INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/22 Description SPOT CURRENCY TRANSACTION - BUY BUY JPY SELL USD EXCHANGE RATE 97.780000000 DEAL 08/20/13 VALUE 08/22/13 (ID: OJPYPR-AA-9) Quantity (3,900,000.000 ) Amount USD Local Value 3,900,000.00 381,342,000.00 Currency Gain/Loss USD Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 8/22 Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL JPY EXCHANGE RATE 97.340000000 DEAL 08/20/13 VALUE 08/22/13 (ID: OJPYPR-AA-9) Quantity 3,917,628.930 Amount USD Local Value (3,917,628.93) (381,342,000.00) Currency Gain/Loss USD 17,628.93 Page 19 of 22 EFTA01548015 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Summary - N Zealand Dollar Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS ** Total Outflows Period Value -3,513,025.00 $3,513,025.00 Foreign Exchange - Outflows Ending Cash Balance (3,519,511.00) ($3,519,511.00) -Year-To-Date Value* -6,553,595.00 $6,553,595.00 (6,560,081.00) ($6,560,081.00) -Local Value Current Period Value 0.00 4,500,000.00 4,500,000.00 (4,500,000.00) (4,500,000.00) 0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Year-To-Date Value* -8,300,000.00 8,300,000.00 (8,300,000.00) (8,300,000.00) -Page 20 of 22 EFTA01548016 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Portfolio Activity Detail - N Zealand Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 8/26 8/30 Spot FX Total Foreign Exchange - Inflows Type Settle Date Selection Method Foreign Exchange - Outflows FX Fwd Contract 8/26 8/26 8/30 Spot FX Spot FX Description SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL NZD CONTRACT RATE : 0.791700000 TRADE 8/02/13 VALUE 8/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL NZD EXCHANGE RATE .786593000 DEAL 08/21/13 VALUE 08/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL NZD EXCHANGE RATE .777300000 DEAL 08/28/13 VALUE 08/30/13 (ID: ONZDPR-AA-5) Total Foreign Exchange - Outflows ($3,519,511.00) $8,110.97 1,554,600.000 (1,554,600.00) (2,000,000.00) 200.00 1,573,186.000 (1,573,186.00) (2,000,000.00) 6,286.00 Quantity 395,850.000 Description SPOT CURRENCY TRANSACTION - BUY BUY NZD SELL USD EXCHANGE RATE .783450000 DEAL 08/22/13 VALUE 08/26/13 (ID: ONZDPR-AA-5) SPOT CURRENCY TRANSACTION - BUY BUY NZD SELL USD EXCHANGE RATE .777200000 DEAL 08/28/13 VALUE 08/30/13 (ID: ONZDPR-AA-5) EFTA01548017 $3,513,025.00 Amount USD Local Value (391,725.00) (500,000.00) $0.00 Currency Gain/Loss USD 1,624.97 (1,554,400.000 ) 1,554,400.00 2,000,000.00 Quantity (1,958,625.000 ) Amount USD Local Value 1,958,625.00 2,500,000.00 Currency Gain/Loss USD Page 21 of 22 EFTA01548018 SOUTHERN TRUST COMPANY, INC ACCT. For the Period 8/1/13 to 8/31/13 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related JAPANESE YEN U S DOLLAR JAPANESE YEN U S DOLLAR AUSTRALIA DOLLAR U S DOLLAR N ZEALAND DOLLAR U S DOLLAR AUSTRALIA DOLLAR U S DOLLAR N ZEALAND DOLLAR U S DOLLAR AUSTRALIA DOLLAR U S DOLLAR AUSTRALIA DOLLAR U S DOLLAR N ZEALAND DOLLAR U S DOLLAR N ZEALAND DOLLAR U S DOLLAR Speculative N ZEALAND DOLLAR U S DOLLAR Aug. 2 13 Aug. 26 13 NZD USD (500,000.00) 395,850.00 0.791700 0.783450 395,850.00 (391,725.00) 4,125.00 Page 22 of 22 Aug. 20 13 Aug. 22 13 Aug. 20 13 Aug. 22 13 Aug. 21 13 Aug. 26 13 Aug. 21 13 Aug. 26 13 Aug. 22 13 EFTA01548019 Aug. 26 13 Aug. 22 13 Aug. 26 13 Aug. 28 13 Aug. 30 13 Aug. 28 13 Aug. 30 13 Aug. 28 13 Aug. 30 13 Aug. 28 13 Aug. 30 13 Amount Counter Amount Contract Rate Revaluation Rate JPY (381,342,000.00) USD 3,917,628.93 JPY USD AUD USD NZD USD AUD USD NZD USD AUD USD AUD USD NZD USD NZD USD 381,342,000.00 (3,900,000.00) (2,000,000.00) 1,799,236.00 (2,000,000.00) 1,573,186.00 2,000,000.00 (1,803,000.00) 2,500,000.00 (1,958,625.00) 1,000,000.00 (894,200.00) (1,000,000.00) 894,300.00 2,000,000.00 (1,554,400.00) (2,000,000.00) EFTA01548020 1,554,600.00 97.780000 0.899618 0.786593 0.901500 0.783450 0.894200 0.894300 0.777200 0.777300 97.780000 0.901500 0.783450 0.901500 0.783450 0.894200 0.894200 0.777200 0.777200 (3,900,000.00) 1,799,236.00 1,573,186.00 (1,803,000.00) (1,958,625.00) (894,200.00) 894,300.00 (1,554,400.00) 1,554,600.00 3,900,000.00 (1,803,000.00) (1,566,900.00) 1,803,000.00 1,958,625.00 894,200.00 (894,200.00) 1,554,400.00 (1,554,400.00) 200.00 100.00 (3,764.00) 6,286.00 97.340000 97.780000 Contracted Base Amount USD 3,917,628.93 Revalued Amount USD (3,900,000.00) Currency G/L 17,628.93 EFTA01548021 EFTA01548022 For the Period 8/1/13 to 8/31/13 For your convenience we have combined statement(s) for activity you conduct through J.P. Morgan in one package. Below are important disclosures relating to these different accounts. These statements may relate to various account types. Some of the disclosures are applicable to all of your accounts. For ease of reference the disclosures applicable to a particular type of account have been grouped together by descriptive headers. IMPORTANT GENERAL INFORMATION APPLICABLE TO ALL OF YOUR ACCOUNT(S) Important Information about Pricing ,Valuations, Estimated Annual Income, and Estimated Yield Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein, some of which has been provided by pricing sources that J.P. Morgan believes to be reliable, is not guaranteed for accuracy but provided for informational purposes and is furnished for the exclusive use of the client. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day of the statement period or the last available price. All values provided for structured yield deposits (for example, JPMorgan London Time Deposits) reflect the original deposit amount only. The value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Important information regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. In the event of a failed auction, there is no assurance that a secondary market will develop or that the security will trade at par or any other price reflected on statements and online. Accordingly, investors should not rely on pricing information appearing in their statements or online with respect to ARS. When J.P. Morgan is unable to obtain a price from an internal or outside source for a particular ARS, the price column on your statement will indicate "unpriced". Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are sourced from the various issuers of the securities or they are sourced from a third party valuation provider. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3) any uses to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Please refer to the trade confirmation for details of each transaction. Certain assets, including but not limited to, pooled and private investments, non-publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of such asset may have been provided to us by third EFTA01548023 parties who may or may not be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. In cases where we are unable to obtain a current market value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". Although such securities may have value, please note that the value of a security indicated as "unpriced" will not be included in your overall current market value as reflected on the statement. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated. Such values may only be indicative. When we are unable to obtain a current value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". If a partial call is made with respect to an issue of securities included in your Accounts we will allocate the call by a method we deem fair and equitable. To the extent applicable, please note the following regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment. It does not reflect changes in its price, which may fluctuate. Offshore Deposits - London and Nassau Disclosures Page 1 of 3 EFTA01548024 For the Period 8/1/13 to 8/31/13 Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; amounts in such foreign accounts do not have the benefit of any domestic preference applicable to U.S Banks; certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Accounts (TD F 90-22.1). Bank products and services are offered through JPMorgan Chase Bank, N.A. ("JPMCB") and its banking affiliates. Securities are offered by J.P.Morgan Securities LLC ("JPMS") and, to the extent noted below, cleared through J.P. Morgan Clearing Corp. ("JPMCC"). Neither JPMS, nor JPMCC is a bank and are each separate legal entities from its bank or thrift affiliates. Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. These statements are not official documents for income tax reporting purposes and should not be relied upon for such purposes, including determination of income, cost basis, amortization or accretion, or gain/loss. Such information, which may be inaccurate, incomplete or subject to updating, should be confirmed with your records and your tax advisor. Please take the steps indicated below if you think statement(s) are incorrect or contact your J.P.Morgan team if you require additional information about a transaction on your statement(s). IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR ASSET ACCOUNT(S) (LINKED TO JPMS) Your Asset Account consists of a bank account that custodies assets linked to a brokerage account through which securities transactions are executed. As a result, the Asset Account statement(s) reflect brokerage transactions executed through JPMS but (except for exchange listed options) held in custody at JPMCB. Securities purchased or sold through JPMS in U.S. markets (other then mutual funds) are cleared through an affiliate of JPMS, in non-U.S. markets securities are cleared through JPMS. Positions in exchange-listed options are held by JPMCC. For your convenience, however, positions in exchange-listed options are presented in Asset Account statement(s) together with other assets held in such account(s). All pertinent information about your settled and pending purchases and sales effected through your JPMS account during the period covered by these statement(s), is summarized in the "Trade Activity" portion of the statement(s). In Case of Other Errors or Questions About Your Asset Account Statement(s) Please review your statement(s) and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, unaccounted cash positions, EFTA01548025 improper payments or transfers in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement(s). Any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act (SIPA). If you have any questions please contact your J.P.Morgan team. In your written communication, please provide the following information: (1) your name and account number; (2) the dollar amount of the suspected error; and (3) a description of the error and explanation, if you can, why you believe there is an error. If you need more information, you must describe the item you are unsure about. We must receive your written communication no later than 30 days after the statement on which the error or problem appeared is sent or made available. If you do not so notify us, you agree that the statement activity and account balance(s) are correct. JPMCC and JPMS are members of the Securities Investor Protection Corp ("SIPC"), a not-for-profit membership corporation funded by broker-dealers registered with the Securities and Exchange Commission. Securities and cash held for a customer at JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $250,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMCB are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contacting them at (202) 371-8300. In Case of Errors or Questions About Your Electronic Transfers. Disclosures Page 2 of 3 EFTA01548026 For the Period 8/1/13 to 8/31/13 Contact your J.P. Morgan Team at one of the telephone numbers on the front of your statements or write us at J.P. Morgan, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107 as soon as you can, if you think your statement is wrong or if you need more information about a transfer on the statement. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days (or 20 business days for new accounts) to do this, we will credit your account for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non-Electronic Transfers (Checks or Deposits) Contact JPMorgan Chase Bank, N.A. ("JPMCB") Member FDIC immediately if a statement is incorrect or if you need more information about any non- electronic transactions (checks or deposits) on this statement. If any such error appears, you must notify the bank in writing as soon as possible after your statement was made available to you. For more complete details, see the applicable account agreements and appendices that govern your account. Deposit products and services are offered by JPMCB Member FDIC. You must promptly advise your J.P.Morgan representative of material changes in your investment objectives or financial situation or if you wish to modify the management of your account. Unless you inform otherwise, your J.P.Morgan representative will consider the information currently in its files to be complete and accurate. With reference to JPMS and JPMCC: A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written request. You should have received (or have made available to you) separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished or have made available to you. Upon written request, JPMS will promptly supply you with the latest information. IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR MARGIN ACCOUNT(S) All positions in your Margin Account Portfolio(s) are held in custody at J.P. Morgan Clearing Corp. ("JPMCC"), Three Chase Metrotech Center, Brooklyn, NY 11245-001, (347) 643-2578. EFTA01548027 If you have a margin account as permitted by law we may use certain securities in such account for, among other things, settling short sales and lending the securities for short sales, and as a result may receive compensation in connection therewith. Please keep the following in mind when using a statement to track your brokerage activity in a margin account: The statement combines your general margin account with the special memorandum account required by Section 220.6 Regulation T. As required by Regulation T, a permanent record of your separate account is available upon your request. Free credit balances in your margin account(s) are not segregated and may be used in the operation of JPMCCs business, subject to the limitations of SEC Rule 15c3-3. Unless otherwise noted, JPMCC or its agents and depositories will hold your securities. Upon your demand, JPMCC will pay to you the amount of your free credit balance, and will deliver to you fully-paid securities held on your behalf. Interest will be charged on any debit balance; the method of calculating interest is described in a letter sent to all margin customers. Disclosures Page 3 of 3 EFTA01548028 EFTA01548029