EFTA01512561.pdf

J.PMorgan FINANCIAL TRUST COMPANY, INC. ACCT. Q78805001 For the Period 5/1/09 to 5/31/09 The JPMorgan funds or Ma JPMorgan Institutional Funds ar m. American Century Funds Shares cl the funds are not bank deposits and are not guaranteedbyany bank government entry a the FDIC Return and share once wW Actuate and redempan vette trey be mare a less than crionalcost alab the money market funds seek lo maintain a stash net nag rake Of Ill W per snare there is no MaoSnar Met they a14/areOnanis)10 00 SO The neonatalannual inane and denied yed flares t mutual tunas epeeelnItne WS' most Manna:Come dadendannuatad The delneufor of the JP‘forpan Funds a JPLecepan Distributor, Services Inc. which is en sheeted JPSIcraen Chase Bank. NA fitaforeen Chase Bank NA and as agitates recene conwensetron torn JPAtagen Funds fa proyefing tomes American Century InaistrnatUSaycee Inc a the deal:x.60r of It. Amman Century Funds Mwican Canary Irwriatrraint Marregernont Inc saves as rmaafMaadmia lo as fon,iVe.bnithend Ian...yard rece,..sccopensation (rem Mot fund lamoyb• crowdoverrestrnin1advesorowl 00a seven Important InfatnatronRseardingAuction Rate Secedes (An) ARS we debt a profeeredsecurees wadi an interest a dada:, rate reset perredcayen an suction Artemots ewe roily be deity. week ty and monthly resets there is no guarantee that Mae ea Iso Wacky If there arena enough bds at an archon to redeem the securities eystablefa sale. the result may bee failed auChal Ina faded evaon Mere a no as:tranceMel a SOCOndeynkyket we developer that the 'tardy waY trade ales, a any other pee redeckd on stalenents Accoldner Mean should not rely on prating Inkomatonappeannvn their stettenants with respect to as Vaunt., prOffarly adviteJPIISI a mittenalatentet m AXII nit ttnentayeanal Cr AnanatisihrebOn Unless tau Wee mIPMS1anemias JPMSI nit Cala* re traarrehOntratintYin AS hero to be amplee and sears* Youshoal heeerecenialseparateJAISI confrrnehons for each Sean's, franSaCtiOn Av ten10:10,3 ere Seeped)* 61e kern, and coactWows steedow tne naneeSeede of such canfirrnations and ere subject to the cionsbluban. briars customs and interpretationa of the trarkeatlecio where executed and governed by and COnStued in accedenceaim the haws of the Stale of Now Yak and at AoplcaNeledvallens end regulatons Fun'harinfonnaten rah respect to commissions and otter charges rotated to the erection of tranS•CLOAS. motion, options transe:ons has been included in oonfrmebons that wens prevously furnahed to you Upon written request JPIASI Ant prorrptly sappy Josu yen the blest such Akernetion Sharentalletsol cortanJPArcrean funds anycharged rederryston fat °arab 2% of the proceeds dewy exchanger Hewn shares el such funds wehin 60 days a purchases stayed to ratan, inceptions set forth 07 me prospectus of the AopicatitFund Please consult your JP Morgan representatnefor alai of the JPIAapan Funds that impose rederrebOn roes JP Mayan Secretes Inc. JPMorgan Chase Bank NA a the. aftgates(the'JP Una Compass) may provide edenwractiye cu..*dal sales. chanson", a avant*. arnica to JPMorgan funds Amercan Canary Funds a funds estsbftted sponsored. adviefd. Cr managed by turd WANT and the JP ItaganCangienias may re compensated ion such servces Bank products and seryces are offered through !Pato-gen Chase Bent NA and its alfgetes Secrete we offered by J P Napa &cafes Inc Account Q78805001 Page 10 of 10 Page 11 of 17 Confidential Treatment Requested by JPMorgan JPM-SDNY-00038408 Chase CONFIDENTIAL SDNY_GM_00307606 EFTA01512561