EFTA01532957
EFTA01533002 DataSet-10
EFTA01533086

EFTA01533002.pdf

DataSet-10 84 pages 8,589 words document
V15 P17 P21 V11 V9
Open PDF directly ↗ View extracted text
👁 1 💬 0
📄 Extracted Text (8,589 words)
For the Period 4/1/10 to 4/30/10 HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 1OF NEW YORK, NY 100656216 Consolidated Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Beginning Net Market Value 75,092,422.71 0.00 $75,092,422.71 Ending Net Market Value 74,884,774.22 0.00 $74,884,774.22 This consolidated 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"). The Asset Account Statement reflects brokerage transactions executed through J.P. Morgan Securities, Inc. ("JPMSI"), see "Portfolio Activity Detail". Equity securities, fixed income securities, and listed options transactions are generally cleared through JPMorgan Clearing Corporation ("JPMCC"), a wholly owned subsidiary of JPMSI. 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 JPMSI, see "Portfolio Activity Detail". Such transactions are cleared and carried through JPMCC. Page 1 of 49 Change In Value (207,648.49) 0.00 ($207,648.49) Start on Page 2 45 EFTA01533002 EFTA01533003 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01533004 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Asset Account J.P. Morgan Private Bank Team Paul Morris Jeffrey Matusow Janet Young William Doherty III Banker Investment Specialist Client Service Team Client Service Team 212-464-0701 (212) 622-7053 (800) 634-1318 Table of Contents Account Summary Holdings Equity Cash and Short Term Fixed Income Options Foreign Exchange Contracts Other Assets Portfolio Activity Online access www.MorganOnline.com Page 2 4 7 9 13 17 20 23 Account Page 1 of 43 Page 2 of 49 EFTA01533005 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Account Summary Asset Allocation Equity Cash & Short Term Fixed Income Options Foreign Exchange Contracts Other Assets Market Value Accruals Market Value with Accruals Beginning Ending Market Value 20,000,000.00 33,766,342.31 21,065,700.00 0.00 (1,685.12) 85,059.52 $74,915,416.71 177,006.00 $75,092,422.71 Market Value 20,419,540.00 24,686,461.56 30,515,088.00 (924,361.77) 218,446.13 (328,464.35) $74,586,709.57 298,064.65 $74,884,774.22 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 74,915,416.71 528,000.00 (429,442.44) EFTA01533006 (2.00) $98,555.56 (12,840.23) (414,422.47) $74,586,709.57 298,064.65 $74,884,774.22 Change In Value 419,540.00 (9,079,880.75) 9,449,388.00 (924,361.77) 220,131.25 (413,523.87) ($328,707.14) 121,058.65 ($207,648.49) Year-to-Date Value 0.00 75,528,000.00 (429,442.44) (2.00) $75,098,555.56 (148,247.92) (363,598.07) $74,586,709.57 298,064.65 $74,884,774.22 Estimated 1,384,000.00 7,405.94 1,530,250.00 Current Annual Income Allocation 27% 33% 39% 1% 100% Equity Fixed Income Foreign Exchange Contracts Asset Allocation Cash & Short Term Account Page 2 of 43 Page 3 of 49 EFTA01533007 EFTA01533008 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Account Summary Tax Summary Currency Gain/Loss Interest Income Taxable Income CONTINUED Current Period Value (317.07) (12,523.16) ($12,840.23) Year-to-Date Value (317.07) (147,930.85) ($148,247.92) ST Realized Gain/Loss Realized Gain/Loss Current Period Value 38,553.65 $38,553.65 Year-to-Date Value 38,553.65 $38,553.65 Unrealized Gain/Loss To-Date Value ($292,135.73) Account Page 3 of 43 Page 4 of 49 EFTA01533009 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Equity Summary Asset Categories US Large Cap US Mid Cap/Small Cap Preferred Stocks Total Value Beginning Market Value 0.00 0.00 20,000,000.00 $20,000,000.00 Ending Market Value 983,620.00 35,920.00 19,400,000.00 $20,419,540.00 Change In Value 983,620.00 35,920.00 (600,000.00) $419,540.00 Current Allocation 1% 1% 25% 27% US Mid Cap/Small Cap US Large Cap Asset Categories Equity Current Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Yield Period Value 20,419,540.00 20,924,000.00 (504,460.00) 1,384,000.00 6.78% Preferred Stocks Account Page 4 of 43 EFTA01533010 Page 5 of 49 EFTA01533011 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Note: P indicates position adjusted for Pending Trade Activity. Equity Detail Estimated Quantity US Large Cap P P APOLLO INVESTMENT CORP 03761U-10-6 AINV KANSAS CITY SOUTHERN INDUSTRIES INC MACERICH CO 485170-30-2 KSU 22,000.000 554382-10-1 MAC P SYNOVUS FINANCIAL CORP Total US Large Cap 87161C-10-5 SNV $983,620.00 US Mid Cap/Small Cap P METALS USA HOLDINGS CORP PAA NATURAL GAS STORAGE LP Total US Mid Cap/Small Cap 59132A-10-4 MUSA 21.50 693139-10-7 PNG $35,920.00 $42,000.00 ($6,080.00) $0.00 0.00% Account Page 5 of 43 Page 6 of 49 N/A 2,000.000 17.96 35,920.00 42,000.00 (6,080.00) $902,000.00 $81,620.00 $44,000.00 4.47% 3.01 N/A 1.33% 44.71 EFTA01533012 983,620.00 902,000.00 81,620.00 44,000.00 4.47% 12.11 40.55 N/A N/A 9.25% Price Market Value Tax Cost Unrealized Gain/Loss Annual Income Accrued Dividends Yield EFTA01533013 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Estimated Quantity Preferred Stocks 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC 800,000.000 24.25 19,400,000.00 19,980,000.00 (580,000.00) 1,340,000.00 6.91% Price Market Value Tax Cost Unrealized Gain/Loss Annual Income Accrued Dividends Yield Account Page 6 of 43 Page 7 of 49 EFTA01533014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Cash & Short Term Summary Beginning Asset Categories Cash Market Value 33,766,342.31 Ending Market Value 24,686,461.56 Change In Value (9,079,880.75) Current Allocation 33% Asset Categories Cash & Short Term Current Market Value/Cost Market Value Tax Cost Estimated Annual Income Accrued Interest Yield Period Value 24,686,461.56 24,686,461.56 7,405.94 774.25 0.03% Account Page 7 of 43 Page 8 of 49 EFTA01533015 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 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 & Short Term Detail Quantity Cash COST OF PENDING PURCHASES PROCEEDS FROM PENDING SALES US DOLLAR Total Cash (663,850.00) 835,500.54 24,514,811.02 1.00 1.00 1.00 (663,850.00) 835,500.54 24,514,811.02 $24,686,461.56 (663,850.00) 835,500.54 24,514,811.02 $24,686,461.56 $0.00 (199.15) 250.65 7,354.44 774.25 $7,405.94 $774.25 0.03% 0.03% 0.03% 0.03% 1 1 1 Price Market Value Tax Cost Adjusted Original Estimated Unrealized EFTA01533016 Gain/Loss Annual Income Accrued Interest Yield Account Page 8 of 43 Page 9 of 49 EFTA01533017 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Fixed Income Summary Asset Categories US Fixed Income - Taxable Non-US Fixed Income Total Value Beginning Market Value 19,396,950.00 1,668,750.00 $21,065,700.00 Ending Market Value 28,777,588.00 1,737,500.00 $30,515,088.00 Change In Value 9,380,638.00 68,750.00 $9,449,388.00 Current Allocation 37% 2% 39% Non-US Fixed Income Current Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Period Value 30,515,088.00 29,978,206.00 536,882.00 1,530,250.00 297,290.40 5.61% US Fixed Income - Taxable Asset Categories Fixed Income Account Page 9 of 43 Page 10 1.1. EFTA01533018 EFTA01533019 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Fixed Income Summary SUMMARY BY MATURITY Fixed Income Less than 5 years, 5-10 years, 10+ years, Total Value SUMMARY BY TYPE Fixed Income Corporate Bonds Government and Agency Bonds International Bonds Total Value Market Value 13,540,888.00 15,236,700.00 1,737,500.00 $30,515,088.00 % of Bond Portfolio 44% 50% 6% 100% Market Value 1,940,888.00 9,512,500.00 19,061,700.00 $30,515,088.00 CONTINUED % of Bond Portfolio 6% 31% 63% 100% 1 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 maturit . Account Page 10 of 43 Page 11 of 49 EFTA01533020 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Fixed Income Detail Quantity US Fixed Income - Taxable FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 345397-VN-0 B- /B1 CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 125581-FW-3 B+ /WR CIT GROUP INC 7% MAY 01 2017 DTD 11/04/2009 125581-FX-1 B+ /WR GENERAL MOTORS CORP NOTES 8 3/8% JUL 15 2033 DTD 07/03/2003 IN DEFAULT 370442-BT-1 NR /WR U S A NOTES 4 5/8% FEB 15 2040 DTD 02/16/2010 912810-QE-1 AAA /AAA Total US Fixed Income - Taxable $28,777,588.00 $28,223,956.00 $553,632.00 $1,407,750.00 $296,27111 Account Page 11 of 43 Page 12 of 49 5.08% 15,000,000.000 101.58 15,236,700.00 14,887,500.00 349,200.00 693,750.00 141,810.00 4.53% 10,000,000.000 38.25 3,825,000.00 3,800,000.00 25,000.00 5,000,000.000 95.13 4,756,250.00 EFTA01533021 4,612,500.00 143,750.00 350,000.00 69,025.00 7.91% 5,000,000.000 95.13 4,756,250.00 4,725,000.00 31,250.00 350,000.00 84,580.00 8.03% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 200,000.000 101.69 203,388.00 198,956.00 4,432.00 14,000.00 855.40 6.59% EFTA01533022 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Quantity Non-US Fixed Income PETROLEOS DE VENEZUELA S 4.9% OCT 28 2014 DTD 10/28/2009 HELD BY EUROCLEAR ISIN:XS0460546442 SEDOL:85882G7 71668A-9A-1 Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 2,500,000.000 69.50 1,737,500.00 1,754,250.00 (16,750.00) 122,500.00 1,020.00 14.34% Account Page 12 of 43 Page 13 of 49 EFTA01533023 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Options Summary Asset Categories Equity Foreign Exchange Other Total Value Beginning Market Value 0.00 0.00 0.00 $0.00 Ending Market Value (114,400.00) (265,100.78) (544,860.99) ($924,361.77) Change In Value (114,400.00) (265,100.78) (544,860.99) ($924,361.77) Current Allocation Current Market Value/Cost Market Value Premium Unrealized Gain/Loss Period Value (924,361.77) (599,804.27) (324,557.73 Account Page 13 of 43 Page 14 of 49 EFTA01533024 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Note: P indicates position adjusted for Pending Trade Activity. Options Detail Quantity Equity MACERICH CO CALL OPTION MAY 10 @ 40 Underlying Asset Price = $44.71 554382-9A-B MAC AAA / Foreign Exchange INR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 19, 2010 @ 44.5 XINRCA-AE-Z NOK CALL GBP PUT FX EUROPEAN STYLE OPTION JUL 26, 2010 @ 9.04 KNOCK-IN AT 8.775 XNOKCA-DE-Z GBP PLN CALL EUR PUT FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 XPLNCA-AC-Z EUR 29,250,000.000 0.88 258,476.85 324,085.73 (65,608.89) (63,280,000.000 ) 0.32 (202,755.01) (163,465.02) (39,289.99) (220.000) 5.20 (114,400.00) (43,339.25) (71,060.75) Price Market Value Premium Unrealized Gain/Loss 445,000,000.000 0.02 82,070.27 93,000.00 (10,929.98) EFTA01533025 Account Page 14 of 43 Page 15 of 49 EFTA01533026 FINANCIAL TRUST COMPANY INC ACCT. I For the Period 4/1/10 to 4/30/10 Quantity Foreign Exchange PLN PUT EUR CALL FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 CONT. KI @ 4.49 XPLNPA-AD-Z EUR Total Foreign Exchange Other XAU PUT OPTION USD CALL OPTION STRIKE 1,115.00 EXPIRES 6/17/2010 KI @ 1,085 Underlying Asset Price = $1,179.60 OTCBDP-EW-G P XPD PUT OPTION USD CALL OPTION STRIKE 525 EXPIRES 06/02/2010 Underlying Asset Price = $553.75 OTCBDP-EW-T 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS. 3ML EXP DATE 06/30/2010 DEAL 5161946 Underlying Asset Price = $0.00 OTCBDC-TB-B (1.000) 1.00 (269,804.62) (136,000.00) (133,804.62) (10,000.000) (140,000.00) 140,000.00 (5,000.000) 7.06 (35,293.59) (85,000.00) 49,706.41 ($265,100.78) ($70,465.02) ($194,635.99) Price Market Value Premium Unrealized Gain/Loss (29,250,000.000 ) EFTA01533027 1.38 (402,892.89) (324,085.73) (78,807. Account Page 15 of 43 Page 16 of 49 EFTA01533028 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Quantity Other 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS 3ML EXP DATE 06/14/2010 DEAL 5162475 Underlying Asset Price = $0.00 OTCBDC-TC-N Total Other ($544,860.99) ($486,000.00) ($58,860.99) (1.000) 1.00 (239,762.78) (125,000.00) (114,762.78) Price Market Value Premium Unrealized Gain/Loss AccounlIIIIIIIIIIPage 16 of 43 Page 17 of 49 EFTA01533029 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Foreign Exchange Contracts Summary NET CURRENCY EXPOSURE SUMMARY Value in Currency AUSTRALIA DOLLAR CANADIAN DOLLAR POUND STERLING INDIAN RUPEE JAPANESE YEN NORWEGIAN KRONE US DOLLAR (5,426,524.85) 10,000,000.00 (14,000,000.00) 446,500,000.00 (464,350,000.02 ) 126,988,400.00 (9,637,029.70) Foreign Exchange Contracts Detail Market Value Receivable Trade Date Speculative AUSTRALIA DOLLAR CANADIAN DOLLAR CANADIAN DOLLAR JAPANESE YEN Apr. 28 10 Jul. 30 10 Mar. 31 10 Oct. 5 10 AUD CAD CAD JPY (5,426,524.85) 5,000,000.00 10,200,000.00 (934,320,000.00 ) 0.921400 91.600000 1.071898 92.520024 4,935,267.13 4,996,997.39 10,057,048.57 9,957,040.76 (61,730.26) 100,007.81 EFTA01533030 Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loi Account Page 17 of 43 Page 18 of 49 EFTA01533031 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Market Value Receivable Trade Date Speculative CANADIAN DOLLAR CANADIAN DOLLAR INDIAN RUPEE JAPANESE YEN JAPANESE YEN JAPANESE YEN JAPANESE YEN JAPANESE YEN JAPANESE YEN POUND STERLING JAPANESE YEN JAPANESE YEN US DOLLAR SOUTH KOREAN WON SOUTH KOREAN WON SOUTH KOREAN WON SOUTH KOREAN WON US DOLLAR US DOLLAR NORWEGIAN KRONE Apr. 28 10 Aug. 6 10 Apr. 14 10 Oct. 5 10 Apr. 16 10 Oct. 20 10 Apr. 14 10 Oct. 4 10 Apr. 14 10 Oct. 4 10 Mar. 31 10 Oct. 4 10 Mar. 31 10 Oct. 4 10 Apr. 14 10 Oct. 4 10 Apr. 14 10 Oct. 5 10 Mar. 26 10 Jun. 30 10 CAD JPY CAD JPY INR EFTA01533032 USD JPY JPY JPY JPY 5,000,000.00 (464,350,000.00 ) (10,200,000.00) 952,170,000.00 446,500,000.00 (10,000,000.00) 457,999,499.24 KRW (5,487,750,000.00 ) 457,999,499.24 KRW (5,487,750,000.00 ) (450,000,000.00 ) KRW 5,487,750,000.00 (450,000,000.00 ) KRW 5,487,750,000.00 (15,998,998.50) JPY USD JPY USD GBP NOK 171,405.59 (17,850,000.00) 191,564.71 (7,000,000.00) 63,099,400.00 93.180000 9.014200 93.835108 9.063428 92.870000 93.350000 44.650000 11.982000 11.982000 12.195000 12.195000 93.340000 92.686850 92.520024 45.055477 11.858806 11.858806 11.858806 11.858806 93.836403 EFTA01533033 4,934,709.08 4,944,460.09 10,147,268.07 10,057,048.57 9,910,004.99 10,000,000.00 4,880,829.67 4,931,533.61 4,880,829.67 4,931,533.61 4,931,533.61 4,795,580.25 4,931,533.61 4,795,580.25 171,405.59 170,498.84 191,564.71 190,227.30 10,653,597.38 10,711,778.70 (9,751.01) 90,219.50 (89,995.01) (50,703.94) (50,703.94) 135,953.36 135,953.36 906.75 1,337.41 (58,181.32) Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account Page 18 of 43 Page 19 of 49 EFTA01533034 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Market Value Receivable Trade Date Speculative POUND STERLING Total Speculative NORWEGIAN KRONE Apr. 6 10 Jun. 30 10 GBP NOK (7,000,000.00) 63,889,000.00 9.127000 9.063428 10,786,912.12 10,711,778.70 $81,412,504.20 $81,194,058.07 75,133.42 $218,446.13 Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account Page 19 of 43 Page 20 of 49 EFTA01533035 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Other Assets Summary Asset Categories Swaps Beginning Estimated Value 85,059.52 Ending Estimated Value (328,464.35) Change In Value (413,523.87) Current Allocation Other Assets Detail Quantity Swaps CLP SWAP - CLP NOTL 13,000,000,000 MD 3/21/12 TD 3/17/10, START D 3/21/11 PAY FLOAT CLP OIS ANN ACT/360 4.15% REC FIX, DEAL #253571031 N/O Client SWPBDA-ZQ-8 CLP SWAP - CLP NOTL 13,000,000,000 MD 3/29/12 TD 3/25/10, START D 3/29/11 PAY FLOAT CLP OIS ANN ACT/360 4.15% REC FIX, DEAL #254489072 N/O Client SWPBDE-JB-1 1.000 1.00 (85,999.12) N/A 1.000 1.00 (77,057.27) N/A Price Estimated Value Cost Estimated Gain/Loss Account Page 20 of 43 Page 21 of 49 EFTA01533036 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Quantity Swaps INTEREST RATE SWAP 14,050,000 USD NOTIONAL 2/15/2040 REC: FLOATING RATE USD 3 MONTH LIBOR DEAL 254307367 4.45653% PAY FIXED, S 30/360 N/O Client SWPBDE-HD-9 INTEREST RATE SWAP 125,000,000 USD NOTIONAL 04/30/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 257872357 1.7525% REC FIXED, S 30/360 N/O Client SWPBDE-SU-9 LONG TOTAL RETURN SWAP 8,021,050 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 N/O Client SWPBDE-RE-6 SX5E DIVIDEND SWAP FIXED STRIKE EUR 112.10 NUMBER OF BASKET 89,206 MAT DEC 16 2011 DEAL 4444220 N/O Client SWPBDE-PR-9 EUR 89,206.000 0.07 6,472.93 N/A 20,000.000 15.25 304,945.96 N/A 1.000 1.00 46,039.19 N/A 1.000 1.00 (460,276.22) N/A Price Estimated Value Cost Estimated EFTA01533037 Gain/Los Account Page 21 of 43 Page 22 of 49 EFTA01533038 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Quantity Swaps SX5E DIVIDEND SWAP FIXED STRIKE EUR 113.30 NUMBER OF BASKET 88,261 MAT DEC 21 2011 DEAL 4444219 N/O Client SWPBDE-PS-7 EUR Total Swaps ($328,464.35) $0.00 $0.00 88,261.000 0.71 (62,589.82) N/A Price Estimated Value Cost Estimated Gain/Lou...III Account Page 22 of 43 Page 23 of 49 EFTA01533039 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions Income INFLOWS Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS Total Outflows Withdrawals TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 1,659,528.11 (31,004,241.75) ($29,344,713.64) $24,514,811.02 * Year to date information is calculated on a calendar year basis. 1,659,528.11 (52,258,491.75) ($50,598,963.64) -(12,523.16) 528,000.00 163,147.95 $678,624.79 (429,442.44) ($429,442.44) (147,930.85) 75,528,000.00 163,147.95 $75,543,217.10 (429,442.44) ($429,442.44) Period Value 53,610,342.31 Year-To-Date Value* Page 23 of 43 Page 24 of 49 EFTA01533040 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Settlement Date 4/1 Type Interest Income Description DEPOSIT SWEEP INTEREST FOR MAR. @ .05% RATE ON NET AVG COLLECTED BALANCE OF $18,095,238.29 AS OF 04/01/10 4/6 Receipt of Assets INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATION RATE USD 3 MONTH LIBOR DEAL 255056959 0.815% REC FIXED, Q ACT/360 NEW SWAP DEAL #255056959 JPMORGAN CHASE BANK TRADE DATE 03/31/10 4/7 Receipt of Assets INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 255345250 0.876% REC FIXED, Q ACT/360 NEW SWAP DEAL # 255345250 JPMORGAN CHASE BANK TRADE DATE 04/05/10 4/16 Receipt of Assets SX5E DIVIDEND SWAP FIXED STRIKE EUR 112.10 NUMBER OF BASKET 89,206 MAT DEC 16 2011 DEAL 4444220 JPMORGAN CHASE BANK TRADE DATE 04/12/10 AS OF 04/15/10 Account Page 24 of 43 Page 25.1 1. 1 89,206.000 1.000 1.000 Quantity Per Unit Amount EFTA01533041 Amount 768.50 EFTA01533042 FINANCIAL TRUST COMPANY INC ACCT. I For the Period 4/1/10 to 4/30/10 INFLOWS & OUTFLOWS Settlement Date 4/16 Type Receipt of Assets Description SX5E DIVIDEND SWAP FIXED STRIKE EUR 113.30 NUMBER OF BASKET 88,261 MAT DEC 21 2011 DEAL 4444219 JPMORGAN CHASE BANK TRADE DATE 04/12/10 4/20 Free Delivery INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATION RATE USD 3 MONTH LIBOR DEAL 255056959 0.815% REC FIXED, Q ACT/360 SWAP UNWIND DEAL 255056959 JPMORGAN CHASE BANK TRADE DATE 04/16/10 4/20 Free Delivery INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 255345250 0.876% REC FIXED, Q ACT/360 SWAP UNWIND DEAL 255345250 JPMORGAN CHASE BANK TRADE DATE 04/16/10 4/20 Misc. Receipt INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATION RATE USD 3 MONTH LIBOR DEAL 255056959 0.815% REC FIXED, Q ACT/360 SWAP UNWIND DEAL 255056959 132,000.00 (1.000) (1.000) Quantity 88,261.000 Per Unit Amount Amount EFTA01533043 Account Page 25 of 43 Page 26 of 49 EFTA01533044 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 INFLOWS & OUTFLOWS Settlement Date 4/20 Type Misc. Receipt Description ENTRY REVERSED ON 04/28/2010 INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATION RATE USD 3 MONTH LIBOR DEAL 255056959 0.815% REC FIXED, Q ACT/360 SWAP UNWIND DEAL 255345250 4/21 4/28 Accrued Interest Received Misc. Debit CABLEVISION SYSTEMS CORP SR NOTES 7 3/4% APR 15 2018 DTD 04/15/2010 TO REVERSE ENTRY OF 04/20/2010 INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATION RATE USD 3 MONTH LIBOR DEAL 255056959 0.815% REC FIXED, Q ACT/360 AS OF 04/20/10 4/28 Receipt of Assets LONG TOTAL RETURN SWAP 8,021,050 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 JPMORGAN CHASE BANK TRADE DATE 04/23/10 50,000.000 (198,000.00) 1,000,000.000 0.001 1,291.67 Quantity Per Unit Amount Amount 198,000 Account Page 26 of 43 Page 27 of 49 EFTA01533045 EFTA01533046 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 INFLOWS & OUTFLOWS Settlement Date 4/28 Type Misc. Receipt Description INTEREST RATE SWAP - FRA 500,000,000 USD NOTIONAL 3/15/2011 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 255345250 0.876% REC FIXED, Q ACT/360 SWAP UNWIND DEAL 255345250 AS OF 04/20/10 4/28 Spot FX SPOT CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.543500000 DEAL 04/26/10 VALUE 04/28/10 4/28 4/29 Accrued Interest Paid Free Delivery CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 LONG TOTAL RETURN SWAP 8,021,050 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 PARTIAL UNWIND TRADE DATE 04/26/10 4/29 Misc. Disbursement LONG TOTAL RETURN SWAP 8,021,050 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 PARTIAL SWAP UNWIND (231,442.44) (30,000.000) 5,000,000.000 0.015 (75,833.33) (105,700.000) 163,147.95 Quantity Per Unit EFTA01533047 Amount Amount 198,000.00 Account Page 27 of 43 Page 28 of 49 EFTA01533048 FINANCIAL TRUST COMPANY INC ACCT. ■ For the Period 4/1/10 to 4/30/10 INFLOWS & OUTFLOWS Settlement Date 4/29 Type Foreign Interest Description PETROLEOS DE VENEZUELA S 4.9% OCT 28 2014 DTD 10/28/2009 HELD BY EUROCLEAR ISIN:XS0460546442 SEDOL:85882G7 AS OF 04/28/10 4/30 Receipt of Assets INTEREST RATE SWAP 125,000,000 USD NOTIONAL 04/30/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 257872357 1.7525% REC FIXED, S 30/360 NEW SWAP DEAL # 257872357 JPMORGAN CHASE BANK TRADE DATE 04/28/10 Total Inflows & Outflows $249,182.35 1.000 Quantity 2,500,000.000 Per Unit Amount Amount 0.025 61,250. • Account Page 28 of 43 Page 29 of 49 EFTA01533049 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 TRADE ACTIVITY Note: S Trade Date 4/6 Settlement Date 4/9 indicates Short Term Realized Gain/Loss Settled transaction was initiated in prior statement period and settled in current statement period Type Settled Sales/Maturities/Redemptions Sale Description TEEKAY TANKERS LTD - CLASS A @ 12.14 60,700.00 BROKERAGE TAX &/OR SEC 4/13 4/16 Sale 250.00 1.03 J.P. MORGAN SECURITIES INC. TRADE DATE 04/06/10 ENTERPRISE PRODUCTS PARTNERS L P @ 35.61 89,025.00 BROKERAGE TAX &/OR SEC 4/15 4/20 Sale 125.00 1.51 J.P. MORGAN SECURITIES INC. TRADE DATE 04/13/10 DOLLAR GENERAL CORP @ 27.25566 BROKERAGE TAX &/OR SEC 4/15 4/20 Sale KILROY REALTY CORP EFTA01533050 @ 34.5124 BROKERAGE TAX &/OR SEC (3,000.000) 81,766.98 150.00 1.39 J.P. MORGAN SECURITIES INC. TRADE DATE 04/15/10 (2,500.000) 86,281.00 125.00 1.46 J.P. MORGAN SECURITIES INC. TRADE DATE 04/15/10 34.462 86,154.54 (85,000.00) 1,154.54 S 27.205 81,615.59 (81,000.00) 615.59 S (2,500.000) 35.559 88,898.49 (88,875.00) 23.49 S Quantity (5,000.000) Per Unit Amount 12.09 Proceeds 60,448.97 Tax Cost (61,250.00) Realized Gain/Loss AccountIIIIIIIIIIPage 29 of 43 Page 30 of 49 EFTA01533051 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Trade Date 4/15 Settlement Date 4/21 Type Settled Sales/Maturities/Redemptions Sale Description MEDICAL PROPERTIES TRUST INC @ 9.9978 99,978.00 BROKERAGE TAX &/OR SEC 4/16 4/21 Sale 500.00 1.69 J.P. MORGAN SECURITIES INC. TRADE DATE 04/15/10 CABLEVISION SYSTEMS CORP SR NOTES 7 3/4% APR 15 2018 DTD 04/15/2010 @ 102.375 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 04/16/10 4/21 4/26 Sale MGIC INVESTMENT CORP WIS @ 11.175 44,700.00 BROKERAGE TAX &/OR SEC 4/22 4/27 Sale 200.00 .76 J.P. MORGAN SECURITIES INC. TRADE DATE 04/21/10 MITEL NETWORKS CORP @ 12.52771 BROKERAGE TAX &/OR SEC Total Settled Sales/Maturities/Redemptions (14,000.000) EFTA01533052 175,387.94 700.00 2.97 J.P. MORGAN SECURITIES INC. TRADE DATE 04/22/10 $1,659,528.11 ($1,652,625.00) $6,903.11 S 12.477 174,684.97 (196,000.00) (21,315.03) S (4,000.000) 11.125 44,499.24 (43,000.00) 1,499.24 S (1,000,000.000 ) 102.40 1,023,750.00 (1,000,000.00) 23,750.00 S Quantity (10,000.000) Per Unit Amount 9.948 Proceeds 99,476.31 Tax Cost (97,500.00) Realized Gain/Loss 1,976.3 Account Page 30 of 43 Page 31 of 49 EFTA01533053 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Trade Date Settlement Date 4/1 Type Settled Securities Purchased 3/25 Purchase Description JPM CHASE CAPITAL XXIX 6.7% PFD @ 25.00 J.P. MORGAN SECURITIES INC. TRADE DATE 03/25/10 3/26 4/1 Purchase JPM CHASE CAPITAL XXIX 6.7% PFD @ 24.95 J.P. MORGAN SECURITIES INC. TRADE DATE 03/26/10 3/31 4/6 Write Option 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS. 3ML EXP DATE 06/30/2010 DEAL 5161946 WRITTEN OTC CALL TRADE DATE 03/31/10 4/6 4/9 Purchase TEEKAY TANKERS LTD - CLASS A @ 12.25 J.P. MORGAN SECURITIES INC. TRADE DATE 04/06/10 4/6 4/9 Purchase FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 @ 99.478 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 04/06/10 200,000.000 EFTA01533054 99.50 (198,956.00) 5,000.000 12.25 (61,250.00) (1.000) 136,000.00 136,000.00 * 400,000.000 24.95 (9,980,000.00) * Quantity 400,000.000 Per Unit Amount 25.00 Market Cost Account iiiiiiiiiiPage 31 of 43 (10,000, Page 32 of 49 EFTA01533055 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Trade Date Settlement Date 4/14 Type Settled Securities Purchased 4/9 Purchase Description METALS USA HOLDINGS CORP @ 21.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/09/10 4/13 4/15 Write Option 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS 3ML EXP DATE 06/14/2010 DEAL 5162475 WRITTEN OTC CALL NEW SWAPTION DEAL # 5162475 TRADE DATE 04/13/10 4/12 4/15 Purchase CABLEVISION SYSTEMS CORP SR NOTES 7 3/4% APR 15 2018 DTD 04/15/2010 @ 100.00 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 04/12/10 4/13 4/16 Purchase ENTERPRISE PRODUCTS PARTNERS L P @ 35.55 J.P. MORGAN SECURITIES INC. TRADE DATE 04/13/10 4/16 4/20 Write Option XAU PUT OPTION USD CALL OPTION STRIKE 1,115.00 EXPIRES 6/17/2010 KI @ 1,085 WRITTEN OTC PUT TRADE DATE 04/16/10 EFTA01533056 (5,000.000) 17.00 85,000.00 2,500.000 35.55 (88,875.00) 1,000,000.000 100.00 (1,000,000.00) (1.000) 125,000.00 125,000.00 Quantity 2,000.000 Per Unit Amount 21.00 Market Cost (42,000. Account IIIIIIIIIIPage 32 of 43 Page 33 of 49 EFTA01533057 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Trade Date Settlement Date 4/20 Type Settled Securities Purchased 4/14 Purchase Description DOLLAR GENERAL CORP @ 27.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/14/10 4/15 4/20 Purchase GENERAL MOTORS CORP NOTES 8 3/8% JUL 15 2033 DTD 07/03/2003 IN DEFAULT @ 38.00 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 04/15/10 4/15 4/20 Purchase KILROY REALTY CORP @ 34.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/15/10 4/15 4/20 Purchase MACERICH CO @ 41.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/15/10 4/19 4/21 Purchase Option INR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 19, 2010 @ 44.5 PURCHASED FX OPTION CALL 445,000,000.00 INR PUT 10,000,000.00 USD TRADE DATE 04/19/10 445,000,000.000 EFTA01533058 (93,000.00) 22,000.000 41.00 (902,000.00) 2,500.000 34.00 (85,000.00) 10,000,000.000 38.00 (3,800,000.00) Quantity 3,000.000 Per Unit Amount 27.00 Market Cost (81,000.20j_ Account Page 33 of 43 Page 34 of 49 EFTA01533059 FINANCIAL TRUST COMPANY INC ACCT. I For the Period 4/1/10 to 4/30/10 Trade Date Settlement Date 4/21 Type Settled Securities Purchased 4/15 Write Option Description MACERICH CO CALL OPTION MAY 10 @ 40 COVERED CALL AS OF 04/16/10 4/14 4/21 Purchase MEDICAL PROPERTIES TRUST INC @ 9.75 J.P. MORGAN SECURITIES INC. TRADE DATE 04/14/10 4/21 4/26 Purchase MGIC INVESTMENT CORP WIS @ 10.75 J.P. MORGAN SECURITIES INC. TRADE DATE 04/21/10 4/21 4/27 Purchase MITEL NETWORKS CORP @ 14.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/21/10 4/23 4/28 Purchase CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 @ 94.50 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 04/23/10 Total Settled Securities Purchased ($31,004,241.75) 5,000,000.000 94.50 (4,725,000.00) EFTA01533060 14,000.000 14.00 (196,000.00) 4,000.000 10.75 (43,000.00) 10,000.000 9.75 (97,500.00) Quantity (220.000) Per Unit Amount 196.997 Market Cost 43,339. Account Page 34 of 43 Page 35 of 49 EFTA01533061 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Trade Date 4/28 4/29 4/29 4/30 Estimated Settlement Date 5/3 5/4 5/4 5/5 Type Pending Sales, Maturities, Redemptions Sale Sale Sale Sale Description APOLLO INVESTMENT CORP KANSAS CITY SOUTHERN INDUSTRIES INC SYNOVUS FINANCIAL CORP PAA NATURAL GAS STORAGE LP Total Pending Sales, Maturities, Redemptions Trade Date Estimated Settlement Date 4/28 4/28 4/29 4/29 5/3 5/4 5/4 5/5 5/4 Quantity (19,000.000) (2,000.000) (100,000.000) (3,500.000) Per Unit Amount 12.32 40.056 3.06 EFTA01533062 23.298 Proceeds 233,126.99 80,010.64 300,994.82 81,368.09 $695,500.54 Tax Cost (235,600.00) (78,000.00) (275,000.00) (75,250.00) ($663,850.00) Realized Gain/Loss (2,473.01) S 2,010.64 S 25,994.82 S 6,118.09 S $31,650.54 S Type Description Pending Securities Purchased 4/27 Purchase Purchase Purchase Purchase Write Option Total Pending Securities Purchased APOLLO INVESTMENT CORP KANSAS CITY SOUTHERN INDUSTRIES INC SYNOVUS FINANCIAL CORP PAA NATURAL GAS STORAGE LP XPD PUT OPTION USD CALL OPTION STRIKE 525 EXPIRES 06/02/2010 ($523,850.00) Quantity 19,000.000 2,000.000 100,000.000 3,500.000 (10,000.000) Per Unit Amount 12.40 39.00 2.75 21.50 Market Cost EFTA01533063 (235,600.00) (78,000.00) (275,000.00) (75,250.00) 140,000 AccountiiiIIIIIIIPage 35 of 43 Page 36 of 49 EFTA01533064 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Portfolio Activity Summary - Euro US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance Portfolio Activity Detail - Euro TRADE ACTIVITY - Euro Settlement Trade Date Date 4/22 Type Settled Securities Purchased 4/20 Write Option Description PLN PUT EUR CALL FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 WRITTEN FX OPTION PUT 29,250,000.00 PLN CALL 7,500,000.00 EUR TRADE DATE 04/20/10 Quantity (29,250,000.000 ) Period Value --Year-To-Date Value --Local Value Current Period Value 0.00 0.00 Year-To-Date Value --Per Unit Market Amount USD Local Value 0.011 3.21 Cost USD Local Value 324,085.73 240,750.00 EFTA01533065 Currency Gain/Los D Account Page 36 of 43 Page 37 of 49 EFTA01533066 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Per Unit Trade Date Settlement Date 4/22 Type Settled Securities Purchased 4/20 Purchase Option Description PLN CALL EUR PUT FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 PURCHASED FX OPTION CALL 29,250,000.00 PLN PUT 7,500,000.00 EUR TRADE DATE 04/20/10 Total Settled Securities Purchased (USD) $0.00 $0.00 Quantity 29,250,000.000 Amount USD Local Value 0.011 3.21 Market Cost USD Local Value (324,085.73) (240,750.00) Currency Gain/Loss USD Account Page 37 of 43 Page 38 of 49 EFTA01533067 FINANCIAL TRUST COMPANY INC ACCT. IIIIIIIIM For the Period 4/1/10 to 4/30/10 Portfolio Activity Summary - Pound Sterling Beginning Cash Balance US Dollar Value Current Transactions OUTFLOWS Total Outflows Foreign Exchange - Outflows TRADE ACTIVITY Total Trade Activity Period Value -(163,147.95) ($163,147.95) Settled Securities Purchased Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - Pound Sterling INFLOWS & OUTFLOWS Settlement Date 4/28 Type Spot FX Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.543500000 DEAL 04/26/10 VALUE 04/28/10 Quantity 163,147.950 163,465.02 $163,465.02 -Year-To-Date Value* -(163,147.95) ($163,147.95) 163,465.02 $163,465.02 -Local Value Current Period Value 0.00 (105,700.00) (105,700.00) 105,700.00 105,700.00 0.00 EFTA01533068 Year-To-Date Value* -(105,700.00) (105,700.00) 105,700.00 105,700.00 -Per Unit Amount USD Local Value Amount USD Local Value (163,147.95) (105,700.00) Currency Gain/Loss USD (317.07) Account Page 38 of 43 Page 39 of 49 EFTA01533069 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 TRADE ACTIVITY - Pound Sterling Per Unit Trade Date Settlement Date 4/28 Type Settled Securities Purchased 4/26 Write Option Description NOK CALL GBP PUT FX EUROPEAN STYLE OPTION JUL 26, 2010 @ 9.04 KNOCK-IN AT 8.775 WRITTEN FX OPTION CALL 63,280,000.00 NOK PUT 7,000,000.00 GBP TRADE DATE 04/26/10 Quantity (63,280,000.000 ) Amount USD Local Value 0.003 1.51 Market Cost USD Local Value 163,465.02 105,700.00 Currency Gain/Los Account Page 39 of 43 Page 40 of 49 EFTA01533070 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related POUND STERLING U S DOLLAR Apr. 26 10 Apr. 28 10 GBP USD (105,700.00) 163,147.95 1.543500 1.546500 163,147.95 (163,465.02) (317.07) Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Account Page 40 of 43 Page 41 of 49 EFTA01533071 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 In Case of Errors or Questions About Your Electronic Transfers. Contact your J.P. Morgan Team at one of the telephone numbers on the front of this statement or write us at 500 Stanton Christiana Road, 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 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 in error or why you need more information. (3) tell us the dollar amount of the suspected error. If you contact 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 your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 days for purchases using your debit card or for international transactions), we will credit your account for the amount you think is in error, so that you will have the use of money during the time it takes us to complete our investigation. In case of errors or questions about your statement, including your line of credit. If you think that your statement is incorrect or if you need more information about 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: J.P. Morgan's Private Bank, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107. We must hear from you no later than 60 days after the statement on which the error or problem appeared is sent. You can contact your client service specialist but doing so will not preserve your rights. Please review your account statement and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, and unaccounted cash positions in writing to both the introducing broker, JPMSI and the clearing firm, JPMCC at the addresses shown on your statement. 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 JPMSI Account Representative or JPMSI Compliance Department at (212) 483-2323. In your letter, 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. Important Information about Pricing and Valuations Certain assets including but not limited to, pooled private investments, non - publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of which may have been provided to us by third parties who may not EFTA01533072 be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. 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. Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein has been obtained from sources that J.P. Morgan believes to be reliable and is furnished for the exclusive use of the client. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents 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 or securities could be liquidated. 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 current value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are indicative values as of the Account Page 41 of 43 Page 42 of 49 EFTA01533073 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 close of business of the date of this statement and, except as otherwise agreed in writing, these valuations 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 or securities could be liquidated as of the date of this statement. We do not warrant their completeness or accuracy. These valuations are derived from proprietary models based upon well-recognized financial principles and we have, when necessary to calculate the present value of future cash flows, made reasonable estimates about relevant future market conditions. Valuations based on other models or different assumptions may yield different results. 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. Please review your statement promptly and report any discrepancies immediately to an account officer whose name appears on the contact page of this statement. This statement is not an official document for income tax reporting purposes. 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 Account (TD F 90-22.1). 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. Where J.P. Morgan was unable to obtain a price from an outside service for a particular Muni Auction Based Inverse Floaters ARS, the price column on your statement and online will indicate "$0.00" which however should not be relied on as the price at which ARS would trade. Additional Information About Your Accounts Securities purchased or sold through JPMSI (1) other than mutual funds, are cleared through J.P.Morgan Clearing Corp. ("JPMCC"), an affiliate of 3PMSI, and (2) other than exchange-listed options, are held in your Asset Account at JPMorgan Chase Bank, N.A. Positions in exchange-listed options are held by 3.P.Morgan Clearing Corp. and are not EFTA01533074 delivered to or from your Asset Account. For your convenience, however, positions in exchange-listed options are presented in this Asset Account statement together with other assets held in that account. All pertinent information about your settled and pending purchases and sales effected through your JPMSI account during the period covered by this statement, is summarized in the "Trade Activity" portion of this statement. You should have received 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 to you. Upon written request, JPMSI will promptly supply you with the latest such information. Shareholders of certain JPMorgan Funds are charged a redemption fee equal to 2% of the proceeds if they exchange or redeem shares of such funds within 60 days of purchase, subject to certain exceptions set forth in the prospectus of the applicable Fund. Please consult your J.P. Morgan representative for a list of the JPMorgan Funds that impose redemption fees. JPMCC and JPMSI 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 JPMSI and JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $100,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMorgan Chase Bank, N.A. (the "Bank") are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contactin them at (202) 371-8300. Account Page 42 of 43 Page 43 of 49 EFTA01533075 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/10 to 4/30/10 To the extent applicable, please read the following disclosures 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. JPMSI, JPMCB or their affiliates (the "J.P. Morgan Companies") may provide administrative, custodial, sales, distribution or shareholder services to JPMorgan Funds, American Century Funds, or funds established, sponsored, advised, or managed by third parties, and the J.P. Morgan Companies may be compensated for such services. 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 Bank products and services are offered through JPMCB and its affiliates. Securities are offered by JPMSI and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue of securities included in your Accou
ℹ️ Document Details
SHA-256
a61cff581dab753b3a7cfa6e3860e4340cccc4a24f1139051e481203c5ee0bbc
Bates Number
EFTA01533002
Dataset
DataSet-10
Document Type
document
Pages
84

Comments 0

Loading comments…
Link copied!