EFTA01509237.pdf

J.PMorgan FINANCIAL TRUST COMPANY INC ACCT. Q30171005 For the Period 4/1/09 to 4/30/09 The JPMwpan funds or The JPMorgan Instinetonal Funds or me American Century Funds Shares cl Me funds are not bank deposits and we not guaranteedbyany bank govern."rent ofthy or he FCC Return and share wee we %reuse and redempbcn vane trey be mare or less than cergnalcost Vint the money market funds seek to maintain a stabb net SUM Waal SI W pa snare. Mere is no rearrange:het they me cenleue to do so The estereKKIannuannarne are defied yredNotes t mutual funds epredentthe nude most Waffler:Om. dredendennuated The cinInaufor of the JPUorgen Funds a JPLecrean Debrbubon Services Inc. want, is en afteser of JP/Japan Chase Bonk. NA JPIforgen Chase Bank NA and as agitates recce, correensetron ton JPMayen Funds Ire pronging somas AmeriCan Century Inrestmen:Sayees Inc a the drUnbutor of try Annum Century Funds Antonym Cooney IneerstmentManagementInc saves as rnmsbneer achnscr lo as retpdcbartund larsteard recerescunpensetron from Ma( fund awry tor puede; orostment adesoryted Mew SONCOO Important eratretronlesgardmgAucbon Rate Secunbes (ARS) ARS are deer or preferredsecurroes awn an merest or diverge rate resetpercdceaym an aption Artlaucin Mae may be dad), weeklyand monthly resets there is no gunners:net he. me be 'quaky If Ewe arenot enough bds at an aucbon to redeemthe secuntes eveNNOor safe the reset mey bee faredender, Ina fadedsucker. Mere a no essunettral a soccedaynwhei we develop Or that the secunty waY tradeNur or any other price redectedon ablenents Accordegy, inviaaJora should na rely on acing warrnarton apneas in thew statements with resent., ARS JPOASInt Me busted.*n lefKKIOphOnS purClultedthrOugh JPIASI Youmust pronely adyrseJPUSIofmetenalcharchs in your mrestment *teethed or humus'wirehair Unless totureum JPUSIetherwee .0ffMSI w the eirenshoncurentyrn 42 Mee to be compete and accurate Youshould hayerecenrodsoperate-MfASJ cambers:eons for each sacuntes Vansacbon AV bensacbons we subject to The Isms and conditions stated on the roesobstle of such ccnhurrebms and we subject to the consttuten. byens customs and erterpreatons of the rnarlerep*Cerrhere treadedand 'deemed by and COnSteed rn ac dance with the Ian Oleo Stele Of New Yak and as applattreWMellen and regree3Ons Further "'demote() min respect a ConwroSens end orbit charges rotated to Me erecutfon of transactens includmv oceans bensectrons, has been rnductod in cordsmebons that wereprevousylanalwel to you Upon writtenmuss( JPUSI real proirpaysupplynsu was the Yea such infamirbon Sheinoldenot coffee JPAtorgan Funds are chargeda redone:fonfee equallo 2% of Me proceeds • they exchange& todoemsnanta reawn holds wenn CO days Of purchase substel to certainexceptionsset fete in me prospectus of Me apprceneFuncl Please consult your JP Mogan repesentabyclor a tat of the JPAIongan Funds that impose roderrebon free JAWS! a a Member of the Secretes InvestarFrotecton Comeaton ("SOPC"). • noaceprce• memtesap caperation herded by brokercteews merstreal with tise Socunres and EschangoComnassan Sec cotes and cash held Anniston." at JAYS! we protected by SIFC up to 592O000 prer ustorner. oath mandes up to SIOOCOO of recede° known &Mews not protect navel tosses from Ouch/ernes in the volute Me secedes. Assets held n custody by JPIArgion Chase Bank N A (the Terre) are not subrect b S/PC Toumayobl•In eatmeaneboot$JPC, mcbding Me SIPC Peocntee on dew webs* et Nom ape err r aYainaa00 Men N (2O2) 3n-63Off 70 MO extent pp/OMS pleeSeried the keOnvy deCbsries mg*r deg estmeted annual totem* (EAfen4 Memeled yield(EY)EAlend Dia Oren types daearmes 00ud it a islandpinwale Cepaalganis a? breath C040 Me EAlend EY nand Co Overstated EN andEnee estimates and the WealMOTO and yieldnaght be lower or Meng then the estimated amounts EYnanacts Co* She mono genfladby OA "%eittletlf ;Hoes not roffortchengos e its perm which may nucleate JP Morgan Sour errs Inc JPMo-gan Chase Banked or Met affgates (the P Megan Convenes)miry trued* radrmusbabye custdrat Sales. distributco of sNrehoIdtetervats to JUN.:nen Funds. Anson Conks), Funds or funds estabashed sponsored. *chased or managed by Med panes and the JP Morgan Condones trey be compensated fa' such etudes Bank products and sauces ere Offered !NOW!, JPeloyan Chase Bank NA end es engem Senates we offered by .0 P Mogen Socuntes Inc Account Q30171005 Page 12 of 12 Page 13 of 18 Confidential Treatment Requested by JPMorgan JPM-SDNY-00034688 Chase CONFIDENTIAL SDNY_GM_00303886 EFTA01509237