EFTA01557384.pdf

09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Confidential Page 1 of 11 Asset Account Portfolio September 1 - September 30, 2001 Table of Contents Portfolio Summary Cash and Short Term Private Investments Trade Activity Account Transactions Account Officers Service Specialist: RILEY Page 2 3 5 7 8 000000.0000.00.0000.000.000000000.000000 FINANCIAL TRUST COMPANY, INC. C/O AMERICAN YACHT HARBOR 6100 RED HOOK, QUARTERS #2 ST THOMAS 00802 US VIRGIN ISLDS EFTA01557384 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 2 of 11 Overview Portfolio Summary Market Value USD Sep 30 Cash & Short Term Total Accrued Income Total Portfolio Value Private Investments * Asset Allocation 75% Cash and Short Term 25% Private Investments* 3,018,337.05 3,018,337.05 6,488.63 3,024,825.68 996,612.00 Income Summary Dividends Total Market Value USD Aug 31 3,118,179.16 3,118,179.16 9,694.36 3,127,873.52 958,002.00 This Period USD 11,657.89 11,657.89 Year to Date USD* 316,746.15 316,746.15 Tax Cost USD 3,018,337.05 3,018,337.05 Estimated Annual Income USD 94,622.01 94,622.01 Yield 3.1 3.1 *Value is an estimated figure given the illiquid nature of Private Investments (see Private Investment information at end of section summary). EFTA01557385 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 3 of 11 Cash and Short Term Summary by Maturity Current Market Value USD Cash Less Than 3 Months Total 795,453.51 2,222,883.54 3,018,337.05 Estimated Annual Income USD 23,489.74 71,132.27 94,622.01 Current yield is displayed for instruments with no maturity and YTM on market is displayed for instruments that mature. Cash and Short Term by Type Description Unit Cost Adjusted Cusip/S&P/Moody's Rating Currency Quantity Original Market Price Tax Cost Adjusted Original Current Market Value USD Accrued Interest USD Unrealized Gain/Loss USD Estimated Current Annual Yield/ Income USD YTM Cash JP MORGAN PRIME MONEY MARKET PREMIER CLASS SWEEP FUND (350) SWEEP DEADLINE IS 4:30 PM EST 7-Day Annualized Yield: 3.00% Short Term by Maturity J P MORGAN PRIME MONEY MARKET FUND INSTITUTIONAL SHARES CLASS (FUND 829) 7-Da Annualized Yield: 3.24% USD 2,222,883.54 1.00 1.00 EFTA01557386 2,222,883.54 2,222,883.54 4,240.87 71,132.27 3.20 USD 795,453.51 1.00 1.00 795,453.51 795,453.51 2,247.76 23,489.74 2.95 EFTA01557387 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: § FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 4 of 11 Cash and Short Term by Type Description Cusip/S&P/Moody's Rating Total Cash and Short Term continued Unit Cost Adjusted Currency Quantity Original Market Price Tax Cost Adjusted Original Current Market Value USD Accrued Interest USD Unrealized Gain/Loss USD Estimated Current Annual Yield/ Income USD YTM % 3,018,337.05 3,018,337.05 6,488.63 0.00 94,622.01 3.13 EFTA01557388 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 5 of 11 Private Private Investments Summary Investments * LPs, LLCs, and Other Total Estimated Current Value USD 996,612.00 996,612.00 Private Investment Holdings in Alphabetical Order Units/ Commitment USD Description LPs,LLCs, and Other NESTOR 2000 SPECIAL LLC (COMMITMENT EXPRESSED IN EUROS) 469994-90-9 * The 'Capital Called Since Inception USD' and 'Cash/Security Distributions Sinc e Inception USD' columns are updated monthly to reflect any interim capital call s and distributions. The 'Estimated Value USD' column reflects information recei ved by MGT from the general partner or manager which, in most cases, is quarterly, plus any interim capital calls and less any distributions made to date since the last va luation received from such source by MGT. Generally, distributions of securities in kind are valued at the fair market val ue of the securities on the date of the distribution * See: Important Information About Private Investment Valuations Important Information About Private Investment Valuations Direct equity investments and limited partnership and limited liability company units are generally illiquid securities, and prices are not guaranteed for accur acy or as realizable values. Direct equity investments are valued at cost, unless there is an active secondar y trading market in the securities, in which case, direct equity investments are valued using market prices as of the close of the last business day for this statement period. Limited partnership and limited liability company units a re valued at cost only if "valued at cost" is stated within the security descrip tion. Otherwise, all such units are valued according to the general partner's or manager's stated methodology. These methodologies generally include an appraisal of the un derlying assets at the lower of cost or a written-down amount, at a value at whi ch third party financing has occurred, at a market price if an active secondary market develops, or at a value endorsed by an independent party. Please refer to the li mited partnership or limited liability company documentation for each security f or the specific valuation methodology used by the general partner or manager for that security. MGT expressly disclaims any responsibility for (1) the accuracy of the informati on and the methodology used by the issuer, general partner or manager used in de riving the valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are prov ided for information purposes only and are intended solely for your own use. This statement does not provide tax reporting on the limited partnership and lim ited liability units. Please continue to rely upon the general partner or genera EFTA01557389 1 manager of the entity for this information. USD 3,000,000.00 1,106,346.00 0.00 996,612.00 Currency Net of Origination Fee Capital Called Since Inception USD Cash/Security Distributions Since Inception USD Estimated Value USD EFTA01557390 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: § FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 6 of 11 Important Information about Pricing and Valuations Prices, some of which are provided by pricing services or other sources which we deem reliable, are not guaranteed for accuracy or as realizable values. EFTA01557391 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 7 of 11 Trade Activity Realized Gain/Loss Summary Short Term Gain/Loss Long Term Gain/Loss Note: indicates Short Term Realized Gain/Loss indicates Long Term Realized Gain/Loss S L Capital gains and losses on sales with missing or incomplete tax cost are identi fied with N/A. Trade Activity by Type Settlement Date Trade Date Settled Aug 31 Sep 4 Purchase Sep 5 Sep 5 Sale Sep 10 Sep 10 Purchase J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) J P MORGAN PRIME MONEY MARKET FUND INSTITUTIONAL SHARES CLASS (FUND 829) USD USD USD 7,003.74 - 18,500 1,963.53 1.00 1.00 1.00 - 7,003.74 18,500.00 - 1,963.53 - 18,500.00 Type Amount USD 0.00 0.00 Realized Description Currency Quantity Price/Unit Market Cost/Proceeds Tax Cost Gain/Loss USD EFTA01557392 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 8 of 11 Account Transactions Cash Activity Summary Amount this Period USD Beginning Balance Credits Dividends Sweep Account Sales Sales, Maturities, Redemptions Miscellaneous Receipts Debits Sweep Account Purchases Purchases of Securities Miscellaneous Disbursements Foreign Exchange Ending Balance *Year to date information is calculated on a calendar year basis. — 2,690.62 — 8,967.27 — 111,500.00 .00 - 33,808,815.49 - 17,298,296.68 - 41,440,000.00 - 440,436.00 .00 11,657.89 93,000.00 18,500.00 316,746.15 33,013,361.98 38,784,563.20 20,872,876.84 Amount Year to Date USD* Activity by Date Type Settlement Date Sep 4 Sep 4 Dividend Dividend Quantity Description PRIME MONEY MARKET SWEEP FUND (SWEEP DEADLINE IS 4:30 PM EST) J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) Amount USD 2,690.62 7,003.74 EFTA01557393 09 Settlement Date Sep 4 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: I FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 9 of 11 Activity by Date Type continued Quantity Description Purchase 7,003.74 J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) INCOME DIVIDEND REINVESTED @ $1.00 J.P.MORGAN SECURITIES INC AS AGENT TRADE DATE 08/31/01 Sep 4 Sep 5 Purchase Sale 2,690.62 - 18,500 PRIME MONEY MARKET SWEEP FUND (SWEEP DEADLINE IS 4:30 PM EST) J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) J.P.MORGAN SECURITIES INC AS AGENT @ 1.00 TRADE DATE 09/05/01 Sep 5 Misc. Disbursement TRANSFERRED BY WIRE TO CHASE MANHATTAN BANK/ST THOMAS FAO FINANCIAL TRUST COMPANY, INC. LETTER FROM CLIENT Sep 7 Name Change - 2,220,920.01 J P MORGAN INSTITUTIONAL PRIME MONEY MARKET FUND (FUND 390) NON-TAXABLE CONVERSION AS OF 9/07/01 EXCH 1 SHARE FOR 1.0000000 SHARES Sep 7 Name Change 2,220,920.01 J P MORGAN PRIME MONEY MARKET FUND INSTITUTIONAL SHARES CLASS (FUND 829) NON-TAXABLE CONVERSION AS OF 9/07/01 EXCH 1 SHARE FOR 1.0000000 SHARES - 18,500.00 - 2,690.62 EFTA01557394 18,500.00 Amount USD - 7,003.74 EFTA01557395 09 Settlement Date 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: • FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 10 of 11 Activity by Date Type continued Quantity Description Sep 10 Dividend Sep 10 Purchase 1,963.53 J P MORGAN PRIME MONEY MARKET FUND INSTITUTIONAL SHARES CLASS (FUND 829) J P MORGAN PRIME MONEY MARKET FUND INSTITUTIONAL SHARES CLASS (FUND 829) INCOME DIVIDEND REINVESTED @ $1.00 J.P.MORGAN SECURITIES INC AS AGENT TRADE DATE 09/10/01 Sep 20 Sale Sep 20 Misc. Disbursement - 18,000 JP MORGAN PRIME MONEY MARKET PREMIER CLASS SWEEP FUND (350) SWEEP DEADLINE IS 4:30 PM EST TRANSFERRED BY WIRE TO CHASE MANHATTAN BANK/ST THOMAS FAO FINANCIAL TRUST COMPANY, INC. LETTER FROM CLIENT Sep 25 Sale Sep 25 Misc. Disbursement - 75,000 JP MORGAN PRIME MONEY MARKET PREMIER CLASS SWEEP FUND (350) SWEEP DEADLINE IS 4:30 PM EST TRANSFERRED BY WIRE TO SCOTIA BANK, US VIRGIN ISLANDS FAO FINANCIAL TRUST CO, INC LETTER FROM CLIENT 18,000.00 - 18,000.00 Amount USD 1,963.53 - 1,963.53 75,000.00 - 75,000.00 EFTA01557396 09 2001 Morgan Guaranty Trust Company of New York 345 Park Avenue, New York, NY 10154-1002 Account Number: FINANCIAL TRUST COMPANY, INC. Asset Account Portfolio September 01, 2001 - September 30, 2001 Page 11 of 11 In Case of Errors or Questions About Your Electronic Transfers. Contact your client service specialist or write us at 500 Stanton Christiana Roa d, 1/OPS, 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 statemen t on which the error or problem appeared. (1) Tell us your name and account numb er. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is in error or why you need mor e information. (3) tell us the dollar amount of the suspected error.If you conta ct us orally, you must send us your complaint or question in writing within 10 business days in order to preserve your rights. We will investigate yo ur complaint and will correct any error promptly. If we take more than 10 busine ss days to do this (20 days for purchases using VISA Check Card or for international transactions), we will credit your account for the amount you thin k is in error, so that you will have the use of money during the time it takes u s to complete our investigation. In case of errors or questions about your statement, including your line of cred it. If you think that your statement is incorrect or if you need more information ab out a transaction on your statement including a line of credit transaction, you must write to us on a separate sheet describing the error and send it to: JPMorg an, Private Client Services, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2 107. We must hear from you no later than 60 days after the statement on which th e error or problem appeared is sent. You can contact your client service special ist but doing so will not preserve your rights. In your letter, please provide the following information: (1) your name and acco unt 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. The JPMorgan Funds or The JPMorgan Institutional Funds or The American Century F unds J.P.Morgan Funds Distributor, Inc. is the distributor of the J.P.Morgan Funds an d American Century Investment Services Inc. is the distributor of the American C entury Funds. JPMorgan Investment Management Inc. and American Century Investmen t Management serve as investment advisors to their respectivefund families. Shares of the funds are no t bank deposits and are not guaranteedby any bank, government entity, or the FDI C. Return and share price will fluctuate and redemption value may be more or les s than original cost. While the moneymarketfunds seekto maintain a stable net asset valueof$1.00 pershare, there is no assurancethat they will continue to do so. The estimatedannualincome and dividendyieldfigures for mutual funds representthe funds' most recentincome divi dendannualized. If you have chosen one of the sweep mutual funds, you are notified that position s in the Prime Money Market Sweep Fund represent holdings in the JPMorgan Prime Money Market Fund; positions in the Federal Money Market Sweep Fund represent holdings in the JPMorgan Federal Money Market Fund; and positions in t he Tax Exempt Money Market Sweep Fund represent holdings in the JPMorgan Tax Exe mpt Money Market Fund. EFTA01557397