EFTA01497357.pdf

November 01, 2005 - NES, LLC November 30, 2005 JPMorgan 0 Primary Account Number Private Bank Page 6 of 17 Important Information about Your Statement Accounts are subject to the Cienaal Terms For Accounts and Services and applicable appendices and account ugnxinott: Your accounts. unless othermse indicatedon the statement. are held by JPMorgan Chase Bank N.A. (the 'Bank"). Deposit &comas held at the Bank, including checking, savings, CD, and mom, market accounts, are FDIC insured. In Case of Erron or Questions About Your Electronic Funds Transfers (personal accounts mill Telephone or write to the Bank if you think your statement or mop is wrong. or if you need more intormation about an electronic transaction on a Aatetnent or receipt. The phone number for inquiries is printed on the front of this statement. The address for inquiries appears below. We must hen front you no later than 60 days after we sent you the FIRST eatement on which the error or problem appeared. • Tell us your name and account numbs. Please direct all inquiries to your Morgan Account Officer at • Describe the error or the transfer you arc unsure about. JPMorgait Private Bank Chan Service and explain as clearly Ils you can why you believe it is an 500 Stanton Christiana Road, I/OPS3 error or why you need more information Newark. DE 19713-2107 • Tell us the dollar amount of the suspected error. We will investigate your complaint and will corneal any error promptly. It' we take more than 10 btainem days to do this (20 business days for transactions outside the U.S and point-of-sale transactions), we will recralit your account for the amount you think is in awn so that you will have use of the money during the lime it takes us to complete our investigation. to Caw of Errors or Questions About Non Electronic Transfers Please examine your account at once. If you foci an error has takai place or have questions concerning a non-electronic transaction, telephone or write us within 30 days. The phone number is printed on the lions of this statement. The address appears above. If no tenon is received within this period. your account will be considered correct. Mutual Funds/Securities Securities (including Mutual Funds) and annuities are not hank deposits and arc not FDIC insured nor arc they obligations of or guaranteed by JPMorgan Chase Bank, N.A. or its affiliates or any federal or state government or government agency or government sponsored agency. Securities (including mutual funds) and annuities involve investment risks. including the possible loss of the principal amount invested. The distributor of the JPMorgan Funds is JPMorgan Distribution Services, Inc.. which is an affiliate of JPMorgan Chase Bank, N.A.. JPMorgan Chase Bank. N.A., end its affiliates receive comp-minion from JPMorgan Funds for providing services. Read the JPMorgan Funds prospectuses carefully for details. including fees and expanses, before investing or sending money. JPMorgan Select Shares of the Connecticut Daily Tax Free Income Fund, Inc and JPMorgan Select Shams of the New Jersey Daily Municiped Income Fund. Inc. are not part of, or affiliated with, the JPMorgan Family of Mutual Ftmds. Reich & Tang Distributors Inc. and Reich & Tang Asset Management L.P., which are unaffiliated with Jffisiorgan, arc the fund? distributors and investment advisor, respectively. Reich Et Tang Distributors Inc. is a member NASD. IRA Accounts Accounts where the Bank serves as trustee or as discretionary investment manager for an ERISA plan or an IRA that hold Fiduciary Shares (as described below) do not tear am portion of investment, administrative, custodian or other charges paid to the Bank or its affiliates for services to the applicable JPMorgan Funds since these charges are subject to rebate as defined below. For accounts where the Bank saves as trustee, or discretionary investment manager for an ERISA plan or an IRA, which hold shares in the JPMorgart Funds other than Fiduciary Sharer, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the hinds so held. Fiduciary Shares are shares in the Select Shares class of JPMorgan Tax Aware Large Cup Value Fund, JPMorgan US Equity Fund, JPMorgan Tax Aware US Equity Fund, JPMorgan Tax Aware Large Cap (Routh Fund, JPAlorgan Mid Cap Equity Fund, 'Morgan Trust Small Cap Equity Fund, 'Morgan Fleming Intonational Equity Fund. JPMorgan Short Tam Bond Fund II. JPMorgan Bond Fund II, JPMorgan Tax Aware Enhanced Income Fund. Morgan Tax Aware Short-Intennaliate Income Fund, JPMorgan Intermediate Tax-Erce Income Fund, JPNIorgtm Tax-Free Income Fund, JPMorgan California Bond Fund. JPMotgan NY Intermediate Tax Free Income Fund and JPMorgan NJ Tax lox Income hind held in the Bank's trust accounts or in the Bank's investment managanatt accounts for ERISA plans or IRAs. "Rebate means an amount returned by the Bank to the account which holds the Fiduciary Shares. The rebate amount represents thc portion of servicing lees paid to the Bank by the mutual fund with levee( to Fiduciary Shams. Confidential Treatment Requested by JPM-SDNY-00020790 JPMorgan Chase CONFIDENTIAL SDNY_GM_00289988 EFTA01497357