📄 Extracted Text (6,009 words)
SOUTHERN TRUST COMPANY, INC
6100 RED HOOK QUARTER, B3
ST. THOMAS 00802
VIRGIN ISLANDS (U.S.)
EFTA01547675
EFTA01547676
For the Period 3/1/13 to 3/31/13
Account Summary
Account
Number
Investment Account(s)
SOUTHERN TRUST COMPANY, INC
SOUTHERN TRUST COMPANY, INC
Total Value
1
2
Beginning Net
Market Value
1,963,458.87
0.00
$1,963,458.87
Ending Net
Market Value
6,125,418.12
0.00
$6,125,418.12
This account summary is provided for informational purposes and includes
assets at different entities.
(1) Assets held at JPMorgan Chase Bank, N.A., member Federal Deposit
Insurance Corporation ("FDIC"), except for exchangelisted
options, which are held at 3PMorgan Clearing Corporation ("JPMCC"). The
Asset Account Statement reflects brokerage
transactions executed through J.P. Morgan Securities LLC ("JPMS"), see
"Portfolio Activity Detail". Equity securities, fixed income
securities, and listed options transactions are generally cleared through
JPMCC, a wholly owned subsidiary of JPMS. Please see
"Additional Information About Your Accounts" at the end of the Asset Account
Statement.
(2) Assets held in Margin Account at JPMCC, member Financial Regulatory
Authority ("FINRA") and Securities Insurance Protection
Corporation ("SIPC"). The Margin Account Statement reflects brokerage
transactions executed by JPMS, see "Portfolio Activity
Detail". Such transactions are cleared and carried through JPMCC.
Please see disclosures located at the end of this statement package for
important information relating to each 3.P.Morgan account(s).
Change
In Value
4,161,959.25
0.00
$4,161,959.25
Start on
Page
4
18
Client News
J.P. Morgan Securities LLC's (JPMS LLC) and
J.P. Morgan Clearing Corp.'s (JPMCC) Net Capital
EFTA01547677
and Net Capital Requirements
At December 31, 2012, JPMS LLC's net capital of $13.5
billion exceeded the minimum regulatory net capital
requirement of $1.5 billion by $12.0 billion. JPMCC's net
capital of $6.6 billion was approximately 8.3% of
aggregate debit items and exceeded the minimum
regulatory net capital requirement of $1.6 billion by $5.0
billion.
Complete copies of JPMS LLC's and JPMCC's individual
audited Statement of Financial Condition may be
obtained, at no cost, by accessing:
http://investor.shareholder.com/jpmorganchase/financialcondition.cfm
Additionally,
you may call 1-866-576-1300 to request a
hard copy of the statement.
0000008916.15.0.15.00001.SOUTHAF.20130402
Consolidated Statement Page 1
EFTA01547678
THIS PAGE INTENTIONALLY LEFT BLANK
EFTA01547679
For the Period 3/1/13 to 3/31/13
Consolidated Summary
INVESTMENT ACCOUNTS
Asset Allocation
Equity
Cash & Fixed Income
Market Value
Accruals
Market Value with Accruals
Beginning
Market Value
0.00
1,992,500.00
$1,992,500.00
(29,041.13)
$1,963,458.87
Ending
Market Value
996,000.00
5,059,045.56
$6,055,045.56
70,372.56
$6,125,418.12
Change
In Value
996,000.00
3,066,545.56
$4,062,545.56
99,413.69
$4,161,959.25
Estimated
58,000.00
170,103.25
Current
Annual Income Allocation
16%
84%
$228,103.25
100%
Equity
Cash &
Fixed Income
Asset Allocation
Current
Portfolio Activity
Beginning Market Value
Net Contributions/Withdrawals
Income & Distributions
Change in Investment Value
Ending Market Value
Accruals
EFTA01547680
Market Value with Accruals
Period Value
1,992,500.00
4,200,000.00
(59,971.69)
(77,482.75)
$6,055,045.56
70,372.56
$6,125,418.12
Year-to-Date
Value
0.00
6,200,000.00
(59,971.69)
(84,982.75)
$6,055,045.56
70,372.56
$6,125,418.12
This Consolidated Summary shows all of your investments at J.P. Morgan other
than investments we hold in trust for you. These investments may be held in
custody or investment
management account at JPMorgan Chase Bank, N.A. (the "Bank") or in a
brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC").
Brokerage and margin accounts are
non-discretionary and all investment decisions are made by the client. J.P.
Morgan Securities LLC ("JPMS") does not provide advice on asset allocation
or investment management
services, nor do its personnel take discretion over any client accounts.
Such advice and services are provided exclusively by the Bank.
Consolidated Statement Page 2
EFTA01547681
For the Period 3/1/13 to 3/31/13
Consolidated Summary
INVESTMENT ACCOUNT(S) YEAR-TO-DATE
Portfolio Activity
SOUTHERN TRUST COMPANY, INC
Income Summary
SOUTHERN TRUST COMPANY, INC
Account
Number
Beginning
Market Value
0.00
Account
Number
Net Contributions/
Withdrawals
6,200,000.00
Income
(59,971.69)
'Unrealized Gain/Loss represents data from the time of account inception to
the current statement period.
Income
Other Income
& Receipts
Income &
Distributions
(59,971.69)
Short-term
(2,282.75)
Change in
Investment Value
(84,982.75)
Realized Gain/Loss
Long-term
Ending Market Value
with Accruals
6,125,418.12
Unrealized
Gain/Loss'
(82,700.00)
CONTINUED
Consolidated Statement Page 3
EFTA01547682
JPMorgan Chase Bank, N.A.
270 Park Avenue, New York, NY 10017-2014
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
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).
203/629-3124
212/622-2770
800/634-1318
Table of Contents
Account Summary
Holdings
Equity
Cash & Fixed Income
Portfolio Activity
Page
2
4
7
10
Account Page 1 of 14
Consolidated Statement Page 4
EFTA01547683
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Account Summary
Asset Allocation
Equity
Cash & Fixed Income
Market Value
Accruals
Market Value with Accruals
Beginning
Market Value
0.00
1,992,500.00
$1,992,500.00
(29,041.13)
$1,963,458.87
Ending
Market Value
996,000.00
5,059,045.56
$6,055,045.56
70,372.56
$6,125,418.12
Current
Portfolio Activity
Beginning Market Value
Contributions
Net Contributions/Withdrawals
Income & Distributions
Change In Investment Value
Ending Market Value
Accruals
Market Value with Accruals
Period Value
1,992,500.00
4,200,000.00
$4,200,000.00
(59,971.69)
(77,482.75)
$6,055,045.56
70,372.56
$6,125,418.12
Change
In Value
996,000.00
3,066,545.56
$4,062,545.56
99,413.69
$4,161,959.25
Year-to-Date
Value
EFTA01547684
0.00
6,200,000.00
$6,200,000.00
(59,971.69)
(84,982.75)
$6,055,045.56
70,372.56
$6,125,418.12
Estimated
58,000.00
170,103.25
Current
Annual Income Allocation
16%
84%
$228,103.25
100%
Equity
Cash &
Fixed Income
Asset Allocation
Account Page 2 of 14
Consolidated Statement Page 5
EFTA01547685
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Account Summary
Income Summary
Interest Income
Accrued Interest Current Year
Income
CONTINUED
Current
Period Value
0.54
(59,972.23)
($59,971.69)
Year-to-Date
Value
0.54
(59,972.23)
($59,971.69)
ST Realized Gain/Loss
Realized Gain/Loss
Current
Period Value
(2,282.75)
($2,282.75)
Year-to-Date
Value
(2,282.75)
($2,282.75)
Unrealized Gain/Loss
To-Date Value
($82,700.00)
Cost Summary
Equity
Cash & Fixed Income
Total
5,137,745.56
Cost
1,000,000.00
$6,137,745.56
Account Page 3 of 14
Consolidated Statement Page 6
EFTA01547686
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Equity Summary
Asset Categories
Preferred Stocks
Beginning
Market Value
0.00
Ending
Market Value
996,000.00
Change
In Value
996,000.00
Current
Allocation
16%
Current
Market Value/Cost
Market Value
Cost
Unrealized Gain/Loss
Estimated Annual Income
Yield
Note:
P indicates position adjusted for Pending Trade Activity.
Equity Detail
Price
US Small/Mid Cap Equity
P TUMI HOLDINGS INC
89969Q-10-4 TUMI
Quantity
Value
Adjusted Cost
Original Cost
Unrealized
Gain/Loss
Est. Annual Inc.
Accrued Div.
Yield
Period Value
996,000.00
1,000,000.00
(4,000.00)
58,000.00
5.82%
20.94
0.00
Account Page 4 of 14
Consolidated Statement Page 7
EFTA01547687
EFTA01547688
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Price
Preferred Stocks
CITIGROUP INC
PFD 5.8%
172967-36-6 C PCNA /B1
P WELLS FARGO & COMPANY
PFD 5.25%
949746-65-5 WFC PP
Total Preferred Stocks
25.20
$996,000.00
0.00
$1,000,000.00
($4,000.00)
$58,000.00
5.21%
5.82%
Quantity
Value
Adjusted Cost
Original Cost
Unrealized
Gain/Loss
Est. Annual Inc.
Accrued Div.
Yield
24.90
40,000.000
996,000.00
1,000,000.00
(4,000.00)
58,000.00
5.82%
Note:
P indicates position adjusted for Pending Trade Activity.
Alternative Assets Detail
Account Page 5 of 14
Consolidated Statement Page 8
EFTA01547689
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Original
Commitment Amount
Other Private Investments
P CALUMET SPECIALTY PRODUCTS PARTNERS
L.P.
131476-10-3 CLMT
Amounts shown above under "Estimated Value" for private equity funds are
estimates based on the latest fund values received from each underlying
fund, which value may be as of a
date (underlying fund value date) prior to the period covered by this
statement. The values provided by the underlying fund have been adjusted for
any cash flows between your account
and such fund that have occurred subsequent to the underlying fund value
date to derive the "Estimated Value". Therefore, such "Estimated Value" may
not reflect the value of your
interest shown on any fund's actual books and records as of the date of this
statement. For additional information, please contact your J.P. Morgan
representative.
For private equity funds, amounts shown under "Estimated Value" are based on
estimates provided by the underlying funds that are generally presented on a
US GAAP basis, which
records investments at fair value, or "marked -to-market". Most of these
underlying funds also present their audited financial statements on a US
GAAP basis (i.e., "marked-to-market").
However, some of these underlying funds present their audited financial
statements using the Income Tax Basis of Accounting, which records
investments "at cost" based on the accrual
basis of accounting for Federal income taxes. Where the underlying fund
provides periodic estimates on a "marked-to-market" basis but reflects
investments "at cost" in its audited
financial statements, the marked-to-market "Estimated Value" shown herein
for a private equity fund may be materially different from the value
reflected on such fund's audited financial
statements (which are also based on the audited financial statements of the
underlying fund).
0.00
Net Capital Called
Since Inception
Net Distributions
Since Inception
Estimated
Value
Account Page 6 of 14
Consolidated Statement Page 9
EFTA01547690
SOUTHERN TRUST COMPANY, INC ACCT. •
For the Period 3/1/13 to 3/31/13
Cash & Fixed Income Summary
Beginning
Asset Categories
Cash
Non-US Fixed Income
Complementary Structured Strategies
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
6-12 months,
1-5 years,
Total Value
1
Market Value
1,000,000.00
992,500.00
0.00
$1,992,500.00
Ending
Market Value
2,152,745.56
1,942,500.00
963,800.00
$5,059,045.56
Current
Period Value
5,059,045.56
5,137,745.56
(78,700.00)
170,103.25
70,372.56
3.56%
SUMMARY BY TYPE
Market
Value
2,152,745.56
963,800.00
1,942,500.00
$5,059,045.56
% of Bond
EFTA01547691
Portfolio
45%
18%
37%
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.
Cash & Fixed Income
Cash
International Bonds
Complementary Structure
Total Value
Market
Value
2,152,745.56
1,942,500.00
963,800.00
$5,059,045.56
% of Bond
Portfolio
45%
37%
18%
100%
Non-US Fixed Income
Cash & Fixed Income as a percentage of your portfolio 84 %
Change
In Value
1,152,745.56
950,000.00
963,800.00
$3,066,545.56
Current
Allocation
36%
32%
16%
Cash
84%
Complementary Structured
Strategies
Asset Cate ories
Account Page 7 of 14
Consolidated Statement Page 10
EFTA01547692
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
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
COST OF PENDING PURCHASES
PROCEEDS FROM PENDING SALES
Total Cash
1.00
1.00
1.00
1,032,544.23
(154,700.00)
1,274,901.33
1,032,544.23
(154,700.00)
1,274,901.33
$2,152,745.56
1,032,544.23
(154,700.00)
1,274,901.33
$2,152,745.56
$0.00
$103.25
$12.56
Non-US Fixed Income
PETROLEOS DE VENEZUELA S
8 1/2% NOV 02 2017
DTD 10/29/2010
HELD BY EUROCLEAR
ISIN USP7807HAK16 SEDOL BSSCOL3
716550-9A-8 B+ /NA
0.00%
103.25
12.56
0.01% 1
Quantity
Value
Adjusted Cost
Original Cost
Unrealized
Gain/Loss
Est. Annual Income
Accrued Interest
EFTA01547693
Yield
97.13
2,000,000.00
1,942,500.00
1,985,000.00
(42,500.00)
170,000.00
70,360.00
9.28%
Account Page 8 of 14
Consolidated Statement Page 11
EFTA01547694
SOUTHERN TRUST COMPANY, INC ACCT. •
For the Period 3/1/13 to 3/31/13
Price
Complementary Structured Strategies
HSBC BRL STEP UP NOTE 3/27/14
LNKD TO BRL VS USD
85%BARRIER- 5%CPN-28.5% MXRTRN
3/13/13; INITIAL STRIKE: 1.9619
40432X-D3-2
Quantity
Value
Adjusted Cost
Original Cost
Unrealized
Gain/Loss
Est. Annual Income
Accrued Interest
Yield
96.38
1,000,000.00
963,800.00
1,000,000.00
(36,200.00)
Account Page 9 of 14
Consolidated Statement Page 12
EFTA01547695
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Portfolio Activity Summary
Beginning Cash Balance
Transactions
INFLOWS
Income
Contributions
Total Inflows
TRADE ACTIVITY
Settled Sales/Maturities/Redemptions
Settled Securities Purchased
Total Trade Activity
Ending Cash Balance
313,265.92
(5,420,750.00)
($5,107,484.08)
$1,032,544.23
* 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
313,265.92
(5,420,750.00)
($5,107,484.08)
-Current
Period
Value
2,000,000.00
(59,971.69)
4,200,000.00
$4,140,028.31
Year-To-Date
Value*
-(59,971.69)
6,200,000.00
$6,140,028.31
Account
Page 10 of 14
Consolidated Statement Page 13
EFTA01547696
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Portfolio Activity Detail
INFLOWS & OUTFLOWS
Type
Settle Date Selection Method
Income
3/1
3/5
3/13
Interest Income
Accrued Int Paid
Accrued Int Paid
Total Income
Type
Settle Date Selection Method
Contributions
3/8
3/12
3/20
Misc Receipt
Misc Receipt
Misc Receipt
Total Contributions
Description
TRANSFER FROM DDA A/C TO ASSET A/C.
TRANSFER FROM DDA A/C TO ASSET A/C.
TRANSFER FROM DDA A/C TO ASSET A/C.
Quantity
Cost
Description
DEPOSIT SWEEP INTEREST FOR 02/01/13 - 02/28/13
@ .01% RATE ON AVG COLLECTED BALANCE OF
$71,428.57 AS OF 03/01/13
PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 DTD
10/29/2010 HELD BY EUROCLEAR ISIN USP7807HAK16
SEDOL B5SCOL3 (ID: 716550-9A-8)
PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 DTD
10/29/2010 HELD BY EUROCLEAR ISIN USP7807HAK16
SEDOL B5SCOL3 (ID: 716550-9A-8)
($59,971.69)
1,000,000.000
0.00
0.031
(30,930.56)
1,000,000.000
0.00
0.029
(29,041.67)
Quantity
Cost
EFTA01547697
Per Unit
Amount
Amount
0.54
Amount
200,000.00
1,000,000.00
3,000,000.00
$4,200,000.00
Account Page 11 of 14
Consolidated Statement Page 14
EFTA01547698
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
TRADE ACTIVITY
Note:
S
Trade Date
Settle Date
3/19
3/22
3/20
3/25
3/20
3/25
3/21
3/26
3/22
3/27
indicates Short Term Realized Gain/Loss
Settled transaction was initiated in prior statement period and settled in
current statement period
Type
Selection Method Description
Settled Sales/Maturities/Redemptions
Sale
High Cost
Sale
High Cost
Sale
High Cost
Sale
High Cost
Sale
High Cost
HOLLY ENERGY PARTNERS L P @ 40.06612 160,264.48
BROKERAGE 160.00 TAX &/OR SEC 3.59 J.P. MORGAN
SECURITIES LLC (ID: 435763-10-7)
HAWAIIAN ELECTRIC INDUSTRIES INC @ 26.89
107,560.00 BROKERAGE 160.00 TAX &/OR SEC 2.41
J.P. MORGAN SECURITIES LLC (ID: 419870-10-0)
MODEL N INC @ 20.30 18,270.00 BROKERAGE 36.00
TAX &/OR SEC .41 J.P. MORGAN SECURITIES LLC
(ID: 607525-10-2)
ENANTA PHARMACEUTICALS INC @ 15.85 6,340.00
BROKERAGE 16.00 TAX &/OR SEC .15 J.P. MORGAN
SECURITIES LLC (ID: 29251M-10-6)
GRAPHIC PACKAGING HOLDING COMPANY @ 7.11016
21,330.48 BROKERAGE 120.00 TAX &/OR SEC .48
J.P. MORGAN SECURITIES LLC (ID: 388689-10-1)
Total Settled Sales/Maturities/Redemptions
$313,265.92
EFTA01547699
($310,750.00)
$2,515.92 S
(3,000.000)
7.07
21,210.00
(21,000.00)
210.00 S
(400.000)
15.81
6,323.85
(5,600.00)
723.85 S
(900.000)
20.26
18,233.59
(13,950.00)
4,283.59 S
(4,000.000)
26.849
107,397.59
(107,000.00)
397.59 S
Quantity
(4,000.000)
Per Unit
Amount
40.025
Proceeds
160,100.89
Cost
(163,200.00)
Realized
Gain/Loss
(3,099.11) S
Trade Date
Settle Date
Type
Description
Settled Securities Purchased
2/28
Purchase
3/5
PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 DTD
10/29/2010 HELD BY EUROCLEAR ISIN USP7807HAK16
SEDOL BSSCOL3 (ID: 716550-9A-8)
Account Page 12 of 14
Consolidated Statement Page 15
Quantity
1,000,000.000
Per Unit
Amount
EFTA01547700
100.00
Market Cost
(1,000,000.00) *
EFTA01547701
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Trade Date
Settle Date
Type
Settled Securities Purchased
3/8
Purchase
3/13
3/13
3/20
3/15
3/22
3/19
3/22
3/20
3/25
3/20
3/25
3/19
3/26
3/21
3/26
3/22
3/27
Purchase
Description
PETROLEOS DE VENEZUELA S 8 1/2% NOV 02 2017 DTD
10/29/2010 HELD BY EUROCLEAR ISIN USP7807HAK16
SEDOL BSSCOL3 (ID: 716550-9A-8)
HSBC BRL STEP UP NOTE 3/27/14 LNKD TO BRL VS
USD 85%BARRIER- 5%CPN-28.5% MXRTRN 3/13/13;
INITIAL STRIKE: 1.9619 @ 100.00 JP MORGAN
SECURITIES LLC (BIDL) (ID: 40432X-D3-2)
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Purchase
Total Settled Securities Purchased
WELLS FARGO & COMPANY PFD 5.25% @ 25.00 J.P.
MORGAN SECURITIES LLC (ID: 949746-65-5)
HOLLY ENERGY PARTNERS L P @ 40.80 J.P. MORGAN
SECURITIES LLC (ID: 435763-10-7)
HAWAIIAN ELECTRIC INDUSTRIES INC @ 26.75 J.P.
MORGAN SECURITIES LLC (ID: 419870-10-0)
MODEL N INC @ 15.50 J.P. MORGAN SECURITIES LLC
(ID: 607525-10-2)
CITIGROUP INC PFD 5.8% @ 25.00 J.P. MORGAN
EFTA01547702
SECURITIES LLC (ID: 172967-36-6)
ENANTA PHARMACEUTICALS INC @ 14.00 J.P. MORGAN
SECURITIES LLC (ID: 29251M-10-6)
GRAPHIC PACKAGING HOLDING COMPANY @ 7.00 J.P.
MORGAN SECURITIES LLC (ID: 388689-10-1)
45,000.000
4,000.000
4,000.000
900.000
40,000.000
400.000
3,000.000
25.00
40.80
26.75
15.50
25.00
14.00
7.00
(1,125,000.00)
(163,200.00)
(107,000.00)
(13,950.00)
(1,000,000.00)
(5,600.00)
(21,000.00)
($5,420,750.00)
1,000,000.000
100.00
(1,000,000.00)
Quantity
1,000,000.000
Per Unit
Amount
98.50
Market Cost
(985,000.00)
Account Page 13 of 14
Consolidated Statement Page 16
EFTA01547703
SOUTHERN TRUST COMPANY, INC ACCT.
For the Period 3/1/13 to 3/31/13
Trade Date
Type
Est. Settle Date Selection Method Description
Pending Sales, Maturities, Redemptions
Sale
3/26
4/1
3/28
4/3
3/28
4/3
Sale
Sale
CALUMET SPECIALTY PRODUCTS PARTNERS L.P.
(ID: 131476-10-3)
TUMI HOLDINGS INC (ID: 89969Q-10-4)
WELLS FARGO & COMPANY PFD 5.25%
(ID: 949746-65-5)
Total Pending Sales, Maturities, Redemptions
Quantity
(3,000.000)
(2,000.000)
(45,000.000)
Per Unit
Amount
37.10
21.00
25.01
Proceeds
111,177.50
41,899.05
1,121,824.78
$1,274,901.33
Cost
(112,500.00)
(42,200.00)
(1,125,000.00)
($1,279,700.00)
Realized
Gain/Loss
(1,322.50) S
(300.95) S
(3,175.22) S
($4,798.67) S
Trade Date
Est. Settle Date Type
Pending Securities Purchased
3/26
Purchase
EFTA01547704
4/1
3/28
4/3
Purchase
Description
CALUMET SPECIALTY PRODUCTS PARTNERS L.P.
(ID: 131476-10-3)
TUMI HOLDINGS INC (ID: 89969Q-10-4)
Total Pending Securities Purchased
Quantity
3,000.000
2,000.000
Per Unit
Amount
37.50
21.10
Market Cost
(112,500.00)
(42,200.00)
($154,700.00)
Account Page 14 of 14
Consolidated Statement Page 17
EFTA01547705
J.P. Morgan Securities LLC
SOUTHERN TRUST COMPANY, INC
383 Madison Avenue, New York, NY 10179
ACCT.
For the Period 3/1/13 to 3/31/13
Margin 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
Transactions cleared and carried through J.P. Morgan Clearing Corp. Three
Chase Metrotech Center, Brooklyn, NY 11245-0001,
(347) 643-2578
No market value or activity to report during this period
Please see disclosures located at the end of this statement package for
important information relating to each J.P.Morgan account(s).
203/629-3124
212/622-2770
800/634-1318
Account Page 1 of 1
Consolidated Statement Page 18
EFTA01547706
THIS PAGE INTENTIONALLY LEFT BLANK
EFTA01547707
For the Period 3/1/13 to 3/31/13
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
EFTA01547708
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 4
EFTA01547709
For the Period 3/1/13 to 3/31/13
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,
EFTA01547710
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 4
EFTA01547711
For the Period 3/1/13 to 3/31/13
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.
EFTA01547712
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.
PRODUCT RELATED DISCLOSURE: IMPORTANT INFORMATION ABOUT ALTERNATIVE
INVESTMENTS: FOOTNOTES 1 - 4
Private Equity, Hedge Funds, Exchange Funds, Real Estate and Other
Alternative Assets
1. Direct private equity investments and pooled private investments (e.g.,
interests in limited partnerships and limited liability companies) are
generally illiquid securities. Values are estimates only and
are not warranted for accuracy or completeness. Values do not represent the
actual terms at which transactions or securities could be bought or sold or
new transactions could be entered into or the
actual terms on which existing transactions could be liquidated as of the
date of this statement.
Disclosures Page 3 of 4
EFTA01547713
For the Period 3/1/13 to 3/31/13
Direct private equity investments are generally valued at cost, unless there
is an active secondary trading market in the securities, in which case,
direct private equity investments are valued using market
prices as of the close of the last business day for this statement period.
Pooled private equity investments are valued according to the General
Partner's or Manager's stated methodology. Please refer
to the limited partnership agreement, limited liability company agreement or
other operative documentation for each investment for the specific valuation
methodology used by the General Partner or
Manager for that investment or for your Investment Management or Trust
account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any
responsibility for (1) the accuracy of the
information and the methodology used by the General Partner or Manager in
deriving valuations, (2) any errors or omissions in compiling or
disseminating the valuations, and (3) any use to which the
valuations are put. Valuations are provided for information purposes only
and are intended solely for your own use.
Hedge funds generally calculate the price (the "Net Asset Value" or " NAV"),
10-15 business days following the last business day of the month. For that
reason, hedge fund NAVs shown will generally be
the NAV of the month preceding this statement period. In general, the NAV is
stated net of management and incentive fees. The NAV is calculated according
to the General Partner's or Manager's
stated methodology. Please refer to the limited partnership agreement,
limited liability company agreement or other operative documentation for
each hedge fund for the specific methodology used by
the General Partner or Manager for that hedge fund or for your Investment
Management or Trust account contact your J.P. Morgan team. J.P. Morgan
expressly disclaims any responsibility for (1) the
accuracy of the information and the methodology used by the General Partner
or Manager in deriving valuations, (2) any errors or omissions in compiling
or disseminating the valuations, and (3) any use
to which the valuations are put. Valuations are provided for information
purposes only and are intended solely for your own use.
These statements do not provide tax reporting on private investments. Please
continue to rely upon the General Partner or Manager of the investment
vehicle for this information or for your Investment
Management or Trust account contact your J.P. Morgan team.
2. The 'Capital Called Since Inception USD' and 'Cash/Security distributions
Since Inception USD' columns are updated monthly to reflect activity
(capital calls and distributions), if any.
3. Hedge funds generally allow subscriptions on a monthly or quarterly
basis. An interest in a hedge fund or hedge fund of funds is generally as of
the first business day of the subscription period. Due
to early funding requirements by the applicable fund, your account may be
debited for the subscription amount prior to the subscription date. Please
refer to the applicable hedge fund's operative
documentation for further details or for your Investment Management or Trust
account contact your J.P. Morgan team.
Hedge fund redemptions are generally on a monthly, quarterly or annual basis
EFTA01547714
but can sometimes be subject to a multi-year lockup before a redemption is
permitted. For redemptions, there is generally
a notification period that can be a long interval before the actual
redemption date. Redemption proceeds are generally paid 15 calendar days
after the final NAV is issued, but can be subject to a
holdback of a portion of the proceeds until an annual audit of the Fund has
been completed. Please refer to the applicable hedge fund's operative
documentation for further details or for your Investment
Management or Trust account contact your J.P. Morgan team.
Global Access Portfolios share certain characteristics with hedge funds. In
particular, an investor who withdraws from a Global Access Portfolio will
not receive the withdrawal proceeds in their entirety
until 30-60 days after completion of the Portfolio's audit, which may be 18
months or longer after the redemption date. Interest might not be paid on
any proceeds pending distribution. These restrictions
apply even if the investor's account at JPMorgan is closed. The Confidential
Private Placement Memorandum and applicable Supplements contain other
important information about the Global Access
Portfolios and are available upon request or for your Investment Management
or Trust account contact your J.P. Morgan team.
4. Alternative assets may include publicly available mutual funds that
utilize non-traditional investment management strategies, for example,
strategies commonly employed by hedge funds. Mutual
funds generally calculate the price (the "Net Asset Value" or "NAV") on a
daily basis and mutual fund NAVs shown on your statement generally will be
the NAV as of the close of the last business day for
this statement period. Please refer to the applicable mutual fund prospectus
for further details. If the applicable mutual fund is a JPMorgan Fund,
please refer to disclosures on this statement concerning
JPMorgan Funds for other important information.
Disclosures Page 4 of 4
EFTA01547715
ℹ️ Document Details
SHA-256
753889739db26b3cf9b85739fcf7d4260b2a3511c24c442352e9bd2c703e4a5c
Bates Number
EFTA01547675
Dataset
DataSet-10
Document Type
document
Pages
41
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