EFTA01539592.pdf

HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 10F NEW YORK NY 10065-6216 EFTA01539592 EFTA01539593 For the Period 4/1/12 to 4/30/12 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value 1 2 Beginning Net Market Value 72,476,344.98 300,899.71 $72,777,244.69 Ending Net Market Value 72,613,266.17 303,545.36 $72,916,811.53 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 3PMS. 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 136,921.19 2,645.65 $139,566.84 Start on Page 4 30 Client News Effective in the second quarter, we will be implementing a new pricing procedure with regard to your statements. In EFTA01539594 cases where we are unable to obtain a current price from an internal or external source for a particular security, the price column on your statement may indicate "unpriced". Although such securities may have value, please note that if a security is indicated as "unpriced" it will not be included in your overall current market value as reflected on the statement. 0000000080.15.0.15.00001.BELLE18.20120514 Consolidated Statement Page 1 EFTA01539595 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539596 For the Period 4/1/12 to 4/30/12 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 26,316,566.35 3,950,250.00 41,988,664.25 $72,255,480.60 521,764.09 $72,777,244.69 Ending Market Value 25,662,192.78 3,930,232.50 42,797,249.78 $72,389,675.06 527,136.47 $72,916,811.53 Change In Value (654,373.57) (20,017.50) 808,585.53 $134,194.46 5,372.38 $139,566.84 Equity Estimated 903,660.75 Current Annual Income Allocation 35% 5% 2,152,583.78 $3,056,244.53 60% 100% Alternative Assets Cash & Fixed Income Asset Allocation Current EFTA01539597 Portfolio Activity Beginning Market Value Net Contributions/Withdrawals Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 72,255,480.60 (24.35) 299,530.11 (165,311.30) $72,389,675.06 527,136.47 $72,916,811.53 Year-to-Date Value 69,562,571.76 444.31 1,054,244.22 1,772,414.77 $72,389,675.06 527,136.47 $72,916,811.53 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 EFTA01539598 For the Period 4/1/12 to 4/30/12 Consolidated Summary INVESTMENT ACCOUNT(S) YEAR-TO-DATE Portfolio Activity FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Tax Summary FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value Account Number $1,054,244.22 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. $412,578.96 $189,568.75 Account Number MI' Beginning Market Value 69,262,768.82 299,802.94 $69,562,571.76 Taxable Income 1,054,244.22 Tax-Exempt Income Net Contributions/ Withdrawals 541.89 (97.58) $444.31 Other Income & Receipts Income & Distributions 1,054,244.22 $1,054,244.22 Change in Investment Value 1,768,574.77 3,840.00 $1,772,414.77 Realized Gain/Loss EFTA01539599 Short-term 412,578.96 Long-term 189,568.75 Ending Market Value with Accruals 72,613,266.17 303,545.36 $72,916,811.53 Unrealized Gain/Loss, 1,766,070.73 8,134.63 $1,774,205.36 CONTINUED Consolidated Statement Page 3 EFTA01539600 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Asset Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young Gina Magliocco Online access Banker Investment Specialist 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). Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 8 9 17 Account Page 1 of 26 Consolidated Statement Page 4 EFTA01539601 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 26,341,181.35 3,950,250.00 41,663,149.54 $71,954,580.89 521,764.09 $72,476,344.98 Ending Market Value 25,684,137.78 3,930,232.50 42,471,759.42 $72,086,129.70 527,136.47 $72,613,266.17 Current Portfolio Activity Beginning Market Value Contributions Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals $0.00 299,530.11 (167,981.30) $72,086,129.70 527,136.47 $72,613,266.17 Period Value 71,954,580.89 Change In Value (657,043.57) (20,017.50) 808,609.88 $131,548.81 EFTA01539602 5,372.38 $136,921.19 Equity Year-to-Date Value 69,262,768.82 1,028,454.65 (1,027,912.76) $541.89 1,054,244.22 1,768,574.77 $72,086,129.70 527,136.47 $72,613,266.17 Estimated 906,228.75 Current Annual Income Allocation 36% 5% 2,152,583.78 $3,058,812.53 59% 100% Alternative Assets Cash & Fixed Income Asset Allocation Account Page 2 of 26 Consolidated Statement Page 5 EFTA01539603 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Account Summary Tax Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Accrued Interest Current Year Taxable Income 301,397.13 (1,867.02) $299,530.11 CONTINUED Current Period Value Year-to-Date Value 42,156.25 19,931.62 290,367.33 736,499.92 (34,710.90) $1,054,244.22 Unrealized Gain/Loss ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 34,989.65 30,000.00 $64,989.65 Year-to-Date Value 412,578.96 189,568.75 $602,147.71 To-Date Value $1,766,070.73 Cost Summary Equity Cash & Fixed Income Total 41,784,566.50 Cost 27,155,628.91 $68,940,195.41 Account Page 3 of 26 Consolidated Statement Page 6 EFTA01539604 EFTA01539605 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Equity Summary Asset Categories US Large Cap Equity US Small/Mid Cap Equity Preferred Stocks Concentrated & Other Equity Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Yield Beginning Market Value 8,772,799.30 555,500.00 4,829,491.80 12,183,390.25 $26,341,181.35 Ending Market Value 8,626,071.45 515,000.00 4,400,445.00 12,142,621.33 $25,684,137.78 Current Period Value 25,684,137.78 27,155,628.91 (355,222.46) 906,228.75 3.51% US Large Cap Equity Equity as a percentage of your portfolio - 36 % Change In Value (146,727.85) (40,500.00) (429,046.80) (40,768.92) ($657,043.57) Current Allocation 12% 1% 6% 17% EFTA01539606 36% Concentrated & Other Equity US Small/Mid Cap Equity Preferred Stocks Asset Cate ories Account Page 4 of 26 Consolidated Statement Page 7 EFTA01539607 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Note: P ** indicates position adjusted for Pending Trade Activity. Unrealized Gain/Loss is shown as "N/A" in cases where we do not have appropriate cost information for all tax lots comprising the position. Please contact your J.P. Morgan team for additional information. Equity Detail Price US Large Cap Equity ARIAD PHARMACEUTICALS INC BIOGEN IDEC INC 04033A-10-0 ARIA 134.01 09062X-10-3 BIIB DB CONT BUFF EQ MS 08/07/12 25% CONTIN BARRIER- 13%CPN 30% CAP INITIAL LEVEL-07/15/11 MS:21.09 2515A1-A7-6 HSBC MARKET PLUS SPX 05/17/13 72% KO BARRIER- 0%CPN ,UNCAPPED INITIAL LEVEL-02/14/12 SPX:1350 50 4042K1-XQ-1 SG MARKET PLUS SPX 02/07/13 75% CONTIN BARRIER- 6.25%CPN ,UNCAPPED INITIAL LEVEL-08/03/11 SPX:1,260.34 78423A-2Y-7 Total US Large Cap Equity $8,626,071.45 $8,501,930.47 $124,140.98 $0.00 0.00% 108.93 2,000,000.000 2,178,600.00 2,000,000.00 178,600.00 101.67 5,000,000.000 5,083,500.00 5,000,000.00 83,500.00 81.37 1,000,000.000 EFTA01539608 813,700.00 1,000,000.00 (186,300.00) 2,095.000 280,750.95 250,454.95 30,296.00 16.30 16,535.000 269,520.50 251,475.52 18,044.98 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Account Page 5 of 26 Consolidated Statement Page 8 EFTA01539609 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price US Small/Mid Cap Equity P ARES COMMERCIAL REAL ESTATE DEUTSCHE BK AG LDN BRH 04013V-10-8 ACRE 10.30 DBL LONG ETN38 25154H-55-8 DAG Total US Small/Mid Cap Equity $515,000.00 $352,529.00 $162,471.00 $0.00 0.00% 50,000.000 515,000.00 352,529.00 162,471.00 18.50 0.00 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Preferred Stocks BARCLAYS BANK PLC 25.54 PFD SHS SER 5 8 1/8% 06739H-36-2 BCS PDAA /P-2 CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 GMAC CAPITAL TRUST I PFD STK 8 1/8% 361860-20-8 P MFA FINANCIAL INC PFD 8% 55272X-30-0 MFO PNC FINANCIAL SERVICES 6 1/8% PFD 693475-85-7 PNC PPNA /BAA Total Preferred Stocks EFTA01539610 25.30 27,000.000 683,100.00 $4,400,445.00 675,000.00 $4,310,339.10 8,100.00 $90,105.90 41,337.00 $342,603.75 6.05% 7.78% 24.90 0.00 8.03% 23.95 80,000.000 1,916,000.00 1,882,773.60 33,226.40 162,480.00 8.48% 26.63 30,000.000 798,900.00 750,000.00 48,900.00 59,070.00 7.39% 39,250.000 1,002,445.00 1,002,565.50 (120.50) 79,716.75 7.95% Account Page 6 of 26 Consolidated Statement Page 9 EFTA01539611 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Concentrated & Other Equity GENERAL MOTORS CO CV PFD B 37045V-20-9 GM PB JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 46625H-HA-1 BBB /BAA LONG TOTAL RETURN SWAP 4,044,412.80 USD NOTIONAL APPLE INC MAT FEB 05 2013 DEAL 9966782 N/O Client SWPBDP-MH-9 MS MARKET PLUS MO 06/18/12 78% CONTIN BARRIER-15%CPN ,UNCAPPED INITIAL LEVEL-12/09/10 MO: 24.59 617482-QA-5 MS MARKET PLUS TEF SM 7/26/12 75% CONTIN BARRIER-25.5%CPN ,UNCAPPED INITIAL LEVEL-1/13/11 TEF: 17.69 617482-QR-8 Total Concentrated & Other Equity $12,142,621.33 $13,990,830.34 ($731,940.34) $563,625.00 4.62% 57.57 2,000,000.000 1,151,300.00 2,000,000.00 (848,700.00) 128.59 3,000,000.000 3,857,550.00 3,000,000.00 857,550.00 125.99 8,860.000 (1,116,268 67) N/A ** N/A 109.56 5,000,000.000 5,478,200.00 EFTA01539612 5,404,861.12 73,338.88 395,000.00 7.16% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 39.04 71,000.000 2,771,840.00 3,585,969.22 (814,129.22) 168,625.00 6.08% Account Page 7 of 26 Consolidated Statement Page 10 EFTA01539613 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 3,950,250.00 Alternative Assets Detail Price Hard Assets 3PM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 48124A-WK-9 157.21 2,500,000.000 3,930,232.50 2,512,500.00 Quantity Estimated Value Cost Ending Estimated Value 3,930,232.50 Change In Value (20,017.50) Current Allocation 5% Account Page 8 of 26 Consolidated Statement Page 11 EFTA01539614 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash US Fixed Income Non-US Fixed Income Complementary Structured Strategies Foreign Exchange Contracts Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 12,855,665.08 1,115,149.54 25,195,402.00 1,298,403.10 1,214,897.59 (16,367.77) $41,663,149.54 Ending Market Value 10,159,122.01 1,108,324.83 27,468,423.07 1,214,500.70 2,537,756.58 (16,367.77) $42,471,759.42 Current Period Value 42,471,759.42 41,784,566.50 703,560.69 2,152,583.78 527,136.47 5.48% Cash & Fixed Income as a percentage of your portfolio 59 % Change In Value (2,696,543.07) (6,824.71) 2,273,021.07 (83,902.40) EFTA01539615 1,322,858.99 0.00 $808,609.88 Current Allocation 14% 2% 37% 2% 4% 59% Non-US Fixed Income Non-USD Cash US Fixed Income Complementary Structured Strategies Asset Categories Cash Account Page 9 of 26 Consolidated Statement Page 12 EFTA01539616 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 6-12 months, 1-5 years, 5-10 years, 10+ years, Total Value 1 SUMMARY BY TYPE Market Value 15,039,893.42 1,076,100.00 13,707,700.00 3,518,750.00 9,145,683.77 $42,488,127.19 % of Bond Portfolio 37% 2% 32% 8% 21% 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 NON USD Cash Corporate Bonds International Bonds Mortgage and Asset Backed Bonds Complementary Structure Other Total Value Market Value 10,159,122.01 1,108,324.83 19,960,990.00 2,183,220.70 2,727,923.07 2,537,756.58 3,810,790.00 $42,488,127.19 EFTA01539617 % of Bond Portfolio 23% 2% 51% 5% 6% 5% 8% 100% Account Page 10 of 26 Consolidated Statement Page 13 EFTA01539618 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY US DOLLAR (16,367.77) Value in Currency 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 9,638,817.65 (58,275.00) 578,579.36 9,638,817.65 (58,275.00) 578,579.36 $10,159,122.01 9,638,817.65 (58,275.00) 578,579.36 $10,159,122.01 $0.00 $963.88 $89.65 Non-USD Cash CANADIAN DOLLAR 0.01% 963.88 89.65 0.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income EFTA01539619 Accrued Interest Yield 1.01 0.01 0.01 0.01 Account Page 11 of 26 Consolidated Statement Page 14 EFTA01539620 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Non-USD Cash EURO PRINCIPAL CURRENCY Total Non-USD Cash 1.32 837,388.58 1,108,324.82 $1,108,324.83 1,099,726.08 $1,099,726.09 8,598.74 $8,598.74 $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield US Fixed Income ALLY FINANCIAL INC 22.40 8 1/2% PFD 02005N-30-8 NA /CAA HARTFORD FINL SVCS GRP PFD 7 7/8% 416518-50-4 AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 02503Y-AF-0 B /NA ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 780097-AP-6 BB+ /BA2 HCA INC 6 1/2% FEB 15 2016 DTD 2/8/2006 404119-AR-0 B- /B3 CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 125581-FZ-6 BB- /B1 100.25 5,000,000.00 EFTA01539621 5,012,500.00 4,725,000.00 287,500.00 96.87 1,000,000.00 968,720.00 966,000.00 2,720.00 50,500.00 15,851.00 107.50 1,500,000.00 1,612,500.00 1,530,000.00 82,500.00 97,500.00 20,583.00 350,000.00 78,750.00 6.33% 101.32 2,000,000.00 2,026,480.00 2,031,000.00 (4,520.00) 159,200.00 13,708.00 7.11% 26.35 37,000.00 974,950.00 925,000.00 49,950.00 72,853.00 7.47% 126,600.00 2,835,840.00 2,782,242.51 53,597.49 268,392.00 67,256.25 9.46% 4.33% 6.93% Account Page 12 of 26 Consolidated Statement Page 15 EFTA01539622 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 4/1/12 to 4/30/12 Price US Fixed Income AMERICAN AXLE & MFG INC 7 7/8% MAR 1 2017 DTD 2/27/2007 02406P-AF-7 B /B2 CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 125581-GA-0 BB- /B1 NRG ENERGY INC 7 5/8% JAN 15 2018 DTD 07/15/2011 629377-BN-1 BB- /B1 SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 81743P-AH-9 AA+ /B2 BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 05950M-AF-7 CC /CA BANK OF AMERICA CORP 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /BA3 103.62 2,000,000.00 2,072,400.00 2,081,180.56 (8,780.56) 162,500.00 74,930.00 7.82% 63.31 2,508,251.38 1,587,933.82 1,630,363.40 (42,429.58) 13,036.63 165.54 9.31% 63.64 1,791,374.06 1,139,989.25 1,074,824.43 65,164.82 20,058.91 136.14 EFTA01539623 9.77% 101.25 1,000,000.00 1,012,500.00 1,001,500.00 11,000.00 76,250.00 22,451.00 7.35% 100.25 2,500,000.00 2,506,250.00 2,306,250.00 200,000.00 175,000.00 24,790.00 6.94% 103.50 2,500,000.00 2,587,500.00 2,615,625.00 (28,125.00) 196,875.00 32,812.50 7.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Account Page 13 of 26 Consolidated Statement Page 16 EFTA01539624 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price US Fixed Income SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income $27,468,423.07 $26,668,968.40 $799,454.67 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 104.36 3,000,000.00 3,130,860.00 2,999,982.50 130,877.50 187,500.00 54,165.00 $1,829,665.54 $405,598.43 Non-US Fixed Income REPUBLIC OF ARGENTINA - ARS FLOATING RATE NOTE DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN ARARGEO3E147 SEDOL B1MYWX3 EC0698-9B-7 ARS REPUBLIC OF ARGENTINA NOTES DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN US040114GM64 SEDOL BOS5NQ3 042993-9S-6 Total Non-US Fixed Income $1,214,500.70 $1,356,750.00 ($142,249.30) $321,954.36 $121,448.39 26.99% 12.25 EFTA01539625 7,500,000.00 918,750.00 1,038,750.00 (120,000.00) 237,652.50 89,602.50 26.42% 5.96% 7.29% 2.96 10,000,000 00 295,750.70 318,000.00 (22,249.30) 84,301.86 31,845.89 28.75% Account Page 14 of 26 Consolidated Statement Page 17 EFTA01539626 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 4/1/12 to 4/30/12 Price Complementary Structured Strategies JPY CALL CAD PUT FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 76. KI @ 71 XJPYCA-RC-Z CAD JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 81. KI @79 XJPYCA-RZ-Z JPY PUT CAD CALL FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 83.25 XJPYPA-YX-Z CAD JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 83. XJPYPB-AN-Z MXN CALL USD PUT FX EUROPEAN STYLE OPTION JUN 19, 2012 @ 12.565 XMXNCA-DN-Z MXN PUT USD CALL FX EUROPEAN STYLE OPTION JUN 19, 2012 @ 12.9 AT EXP KI @ 13.25 XMXNPA-IP-Z 0.16 (12,900,000.00 ) (21,061.17) (17,200.00) (3,861.17) 0.02 12,565,000.00 3,022.41 17,200.00 (14,177.59) 415,000,000.00 2,582.20 26,500.00 (23,917.80) 0.02 832,500,000.00 125,798.55 411,436.90 (285,638.35) 0.02 EFTA01539627 (405,000,000.00 ) (73,498.87) (26,500.00) (46,998.87) Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.01 (760,000,000.00 ) (75,186.54) (411,436.90) 336,250.36 Account Page 15 of 26 Consolidated Statement Page 18 EFTA01539628 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Price Complementary Structured Strategies HSBC MARKET PLUS MXN NOTE 11/2/12 LNKED TO MXN VS USD 25% BUFFER, 9.75%CPN, 100%MAXRTN 10/26/11 4042K1-RA-3 JP MORGAN CHASE BANK NA ZERO CPN 4662A0-40-1 Total Complementary Structured Strategies 100.00 4/5/12 1,500,000.00 1,500,000.00 $2,537,756.58 1,500,000.00 $2,500,000.00 $37,756.58 $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 107.61 1,000,000.00 1,076,100.00 1,000,000.00 76,100.00 Market Value Receivable Trade Date Foreign Exchange Contracts CHINESE RENMINBI CHINESE RENMINBI US DOLLAR US DOLLAR Total Foreign Exchange Contracts Jun. 8 11 Jun. 11 12 Oct. 5 11 Jun. 11 12 CNY EFTA01539629 USD CNY USD 31,818,000.00 (5,000,000.00) (31,818,000.00) 4,983,632.23 6.363600 6.384500 6.302996 6.302996 5,048,075.37 5,000,000.00 4,983,632.23 5,048,075.37 $10,031,707.60 $10,048,075.37 48,075.37 (64,443.14) ($16,367.77) Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account Page 16 of 26 Consolidated Statement Page 19 EFTA01539630 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Total Outflows Foreign Exchange - Outflows $0.00 TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 6,996,665.56 (9,075,321.41) ($2,078,655.85) $9,638,817.65 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a FIRST IN, FIRST OUT method for relieving assets from your position 30,243,605.37 (44,014,525.49) ($13,770,920.12) -$299,530.11 Period Value 11,417,943.39 299,530.11 Year-To-Date Value* -763,876.89 1,028,454.65 17,928,716.44 $19,721,047.98 (17,500,000.00) ($17,500,000.00) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date EFTA01539631 Value* 13,020.83 $13,020.83 Account Page 17 of 26 Consolidated Statement Page 20 EFTA01539632 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/2 4/2 4/4 4/5 4/5 Corporate Interest Interest Income Foreign Interest Accrued Int Recd Accrued Int Paid Description AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 (ID: 02503Y-AF-0) DEPOSIT SWEEP INTEREST FOR MAR. @ .01% RATE ON NET AVG COLLECTED BALANCE OF $12,678,600.47 AS OF 04/01/12 BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3WJX06 (ID: 10553Y-9A-5) FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 (ID: 345397-VN-0) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/02/12 FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) 4/13 4/17 Accrued Int Recd Accrued Int Paid BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3WJX06 (ID: 10553Y-9A-5) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 @ 65.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/12/12 FACE VALUE 6,000,000.00 (ID: 05950M-AF-7) 4/20 Corporate Interest BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 (ID: 05950M-AF-7) 2,534,706.900 1,138.80 EFTA01539633 2,534,706.900 0.00 (1,028.70) 300,000.000 0.002 553.13 1,200,000.000 1,793,589.040 0.00 0.033 39,666.67 (838.32) 300,000.000 0.018 5,531.25 Quantity Cost 2,000,000.000 Per Unit Amount 0.02 Amount 39,800.00 107.39 Account Page 18 of 26 Consolidated Statement Page 21 EFTA01539634 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/20 4/30 4/30 Corporate Interest Corporate Interest Interest Income Total Inflows & Outflows TRADE ACTIVITY Note: Trade Date Settle Date 3/28 4/2 3/28 4/2 3/28 4/2 Description SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 (ID: 81743P-AH-9) JPMORGAN CHASE & CO 7.9% PFD STK APR 30 2049 DTD 04/23/2008 (ID: 46625H-HA-1) CITIGROUP CAPITAL XIII 7 7/8% PFD @ 0.492187 PER SHARE (ID: 173080-20-1) 5,000,000.000 30,000.000 0.04 0.492 197,500.00 14,765.61 $299,530.11 Quantity Cost Per Unit Amount 1,793,589.040 0.001 Amount 2,334.28 L indicates Long Term Realized Gain/Loss S indicates Short Term Realized Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description EFTA01539635 Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO ANNIE'S INC @ 31.51302 15,756.51 BROKERAGE 100.00 TAX &/OR SEC .36 J.P. MORGAN SECURITIES LLC (ID: 03600T-10-4) DOLLAR GENERAL CORP @ 45.34494 204,052.23 BROKERAGE 225.00 TAX &/OR SEC 4.58 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) VOCERA COMMUNICATIONS INC @ 23.31 17,482.50 BROKERAGE 100.00 TAX &/OR SEC .40 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) (750.000) 23.176 17,382.10 (12,000.00) 5,382.10 S* (4,500.000) 45.294 203,822.65 (203,625.00) 197.65 S* Quantity (500.000) Per Unit Amount 31.312 Proceeds 15,656.15 Tax Cost (9,500.00) Realized Gain/Loss 6,156.15 S* Account Page 19 of 26 Consolidated Statement Page 22 EFTA01539636 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 3/29 4/3 3/29 4/3 3/29 4/3 3/29 4/3 3/8 4/4 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO ALEXANDRIA REAL ESTATE E PFD 6.45% @ 24.43029 903,920.73 BROKERAGE 1,850.00 TAX &/OR SEC 20.25 J.P. MORGAN SECURITIES LLC (ID: 015271-70-3) KIMCO REALTY CORP 6% PFD @ 24.61232 1,230,616.00 BROKERAGE 2,500.00 TAX &/OR SEC 27.57 J.P. MORGAN SECURITIES LLC (ID: 49446R-79-4) MERRIMACK PHARMACEUTICALS INC @ 6.25 18,750.00 BROKERAGE 150.00 TAX &/OR SEC .42 J.P. MORGAN SECURITIES LLC (ID: 590328-10-0) ZYNGA INC @ 12.49018 44,964.65 BROKERAGE 180.00 TAX &/OR SEC 1.01 J.P. MORGAN SECURITIES LLC (ID: 98986T-10-8) PR CMWLTH PUBLIC IMPT UNLIMITED TAX 5 1/8% A JUL 01 2037 DTD 04/03/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 07/01/2022 @ 100 @ 98.654 JP MORGAN SECURITIES LLC (BIDL) (ID: 74514L-B6-3) 3/30 4/4 3/30 4/4 4/2 EFTA01539637 4/5 Sale FIFO Sale FIFO Sale FIFO GASLOG LTD @ 12.80444 69,143.98 BROKERAGE 270.00 TAX &/OR SEC 1.55 J.P. MORGAN SECURITIES LLC (ID: G37585-10-9) DUNKIN BRANDS GROUP INC @ 29.46611 212,155.99 BROKERAGE 360.00 TAX &/OR SEC 4.76 J.P. MORGAN SECURITIES LLC (ID: 265504-10-0) FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 @ 109.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 345397-VN-0) (1,200,000.000 ) 109.00 1,308,000.00 (1,278,000.00) 30,000.00 L (7,200.000) 29.415 211,791.23 (212,400.00) (608.77) S* (5,400.000) 12.754 68,872.43 (75,600.00) (6,727.57) S* (1,000,000.000 ) 98.70 986,540.00 (982,540.00) 4,000.00 S* (3,600.000) 12.44 44,783.64 (43,200.00) 1,583.64 S* (3,000.000) 6.20 18,599.58 (21,000.00) (2,400.42) S* (50,000.000) 24.562 1,228,088.43 (1,250,000.00) (21,911.57) S* EFTA01539638 Quantity (37,000.000) Per Unit Amount 24.38 Proceeds 902,050.48 Tax Cost (925,000.00) Realized Gain/Loss (22,949.52) S* Account Page 20 of 26 Consolidated Statement Page 23 EFTA01539639 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 4/4 4/4 4/10 4/5 4/11 4/5 4/11 4/10 4/13 4/12 4/17 4/12 4/17 4/12 4/17 4/16 4/19 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale 4/10 FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO CLOVIS ONCOLOGY INC @ 20.24383 50,103.48 BROKERAGE 123.75 TAX &/OR SEC 1.13 J.P. MORGAN SECURITIES LLC (ID: 189464-10-0) WILLIAMS PARTNERS LP @ 54.25 54,250.00 BROKERAGE 100.00 TAX &/OR SEC 1.22 J.P. MORGAN SECURITIES LLC (ID: 96950E-10-4) HOVNANIAN ENTERPRISES INC CL A @ 2.02493 41,004.83 BROKERAGE 1,012.50 TAX &/OR SEC .92 EFTA01539640 J.P. MORGAN SECURITIES LLC (ID: 442487-20-3) RETAIL PROPERTIES OF AME - A @ 8.70157 66,567.01 BROKERAGE 382.50 TAX &/OR SEC 1.50 J.P. MORGAN SECURITIES LLC (ID: 76131V-20-2) BRASKEM FINANCE LTD 144A 7 3/8% OCT 29 2049 DTD 10/04/2010 HELD BY EUROCLEAR ISIN US10553YAC93 SEDOL B3W3X06 (ID: 10553Y-9A-5) FORUM ENERGY TECHNOLOGIES IN @ 22.03382 22,320.26 BROKERAGE 100.00 TAX &/OR SEC .50 J.P. MORGAN SECURITIES LLC (ID: 34984V-10-0) OAKTREE CAPITAL GROUP LLC @ 42.43013 42,430.13 BROKERAGE 100.00 TAX 64/OR SEC .96 J.P. MORGAN SECURITIES LLC (ID: 674001-20-1) QR ENERGY LP @ 19.17 51,759.00 BROKERAGE 135.00 TAX &/OR SEC 1.16 J.P. MORGAN SECURITIES LLC (ID: 74734R-10-8) AMERICAN CAPITAL AGENCY 8% PFD @ 25.09668 702,707.04 BROKERAGE 1,400.00 TAX &/OR SEC 15.75 J.P. MORGAN SECURITIES LLC (ID: 02503X-20-4) (28,000.000) 25.046 701,291.29 (700,000.00) 1,291.29 S (2,700.000) 19.12 51,622.84 (51,786.00) (163.16) S (1,000.000) 42.329 42,329.17 (43,000.00) (670.83) S (1,013.000) 21.935 22,219.76 (20,260.00) 1,959.76 S (300,000.000) 100.40 301,140.00 (301,125.00) 15.00 S (7,650.000) 8.651 66,183.01 (61,200.00) 4,983.01 S (20,250.000) EFTA01539641 1.975 39,991.41 (40,500.00) (508.59) S (1,000.000) 54.149 54,148.78 (54,560.00) (411.22) S Quantity (2,475.000) Per Unit Amount 20.193 Proceeds 49,978.60 Tax Cost (49,500.00) Realized Gain/Loss 478.60 S Account Page 21 of 26 Consolidated Statement Page 24 EFTA01539642 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date 4/16 4/19 4/20 4/20 4/20 4/20 4/17 4/20 4/18 4/23 4/19 4/24 4/19 4/24 4/19 4/24 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO NEXTERA ENERGY CAPITAL 5.7% PFD @ 25.49364 474,181.70 BROKERAGE 930.00 TAX &/OR SEC 10.63 J.P. MORGAN SECURITIES LLC (ID: 65339K-60-5) Principal Payment BANC OF AMERICA FUNDING CORPORATION SER 2006-G Pro Rata CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 PAYMENT A/C PRINCIPAL (ID: 05950M-AF-7) Principal Payment SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL (ID: 81743P-AH-9) Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO APOLLO RESIDENTIAL MORTGAGE @ 17.99 40,477.50 BROKERAGE 112.50 TAX &/OR SEC .91 J.P. MORGAN SECURITIES LLC (ID: 03763V-10-2) FRANCESCAS HOLDINGS CORP @ 28.19 42,285.00 BROKERAGE 100.00 TAX &/OR SEC .95 J.P. MORGAN EFTA01539643 SECURITIES LLC (ID: 351793-10-4) GUIDEWIRE SOFTWARE INC @ 29.45 44,175.00 BROKERAGE 100.00 TAX &/OR SEC .99 J.P. MORGAN SECURITIES LLC (ID: 40171V-10-0) SPLUNK INC @ 31.50 15,750.00 BROKERAGE 100.00 TAX &/OR SEC .36 J.P. MORGAN SECURITIES LLC (ID: 848637-10-4) TUMI HOLDINGS INC @ 25.84437 18,091.06 BROKERAGE 100.00 TAX &/OR SEC .41 J.P. MORGAN SECURITIES LLC (ID: 89969Q-10-4) Total Settled Sales/Maturities/Redemptions $6,996,665.56 ($6,964,258.58) $30,000.00 L $2,406.98 S (700.000) 25.701 17,990.65 (12,600.00) 5,390.65 S (500.000) 31.299 15,649.64 (8,500.00) 7,149.64 S (1,500.000) 29.383 44,074.01 (42,375.00) 1,699.01 S (1,500.000) 28.123 42,184.05 (41,400.00) 784.05 S (2,250.000) 17.94 40,364.09 (41,062.50) (698.41) S (2,214.980) 100.00 2,214.98 (1,328.99) 885.99 S (26,455.520) 100.00 26,455.52 (17,196.09) 9,259.43 S Quantity EFTA01539644 (18,600.000) Per Unit Amount 25.443 Proceeds 473,241.07 Tax Cost (465,000.00) Realized Gain/Loss 8,241.07 S Account Page 22 of 26 Consolidated Statement Page 25 EFTA01539645 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 3/28 Purchase 4/2 3/28 4/2 3/28 4/2 3/8 4/3 Purchase Purchase Purchase Description ANNIE'S INC @ 19.00 J.P. MORGAN SECURITIES LLC (ID: 03600T-10-4) DOLLAR GENERAL CORP @ 45.25 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) VOCERA COMMUNICATIONS INC @ 16.00 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) PR CMWLTH PUBLIC IMPT UNLIMITED TAX 5 1/8% A JUL 01 2037 DTD 04/03/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 07/01/2022 @ 100 @ 98.254 JP MORGAN SECURITIES LLC (BIDL) (ID: 74514L-B6-3) 3/29 4/3 3/28 4/3 3/30 4/4 3/30 4/4 4/2 4/5 3/29 4/5 4/2 4/5 Purchase Purchase Purchase Purchase Purchase Purchase Purchase EFTA01539646 MERRIMACK PHARMACEUTICALS INC @ 7.00 J.P. MORGAN SECURITIES LLC (ID: 590328-10-0) ZYNGA INC @ 12.00 J.P. MORGAN SECURITIES LLC (ID: 98986T-10-8) GASLOG LTD @ 14.00 J.P. MORGAN SECURITIES LLC (ID: G37585-10-9) DUNKIN BRANDS GROUP INC @ 29.50 J.P. MORGAN SECURITIES LLC (ID: 265504-10-0) HARTFORD FINL SVCS GRP PFD 7 7/8% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 416518-50-4) AMERICAN CAPITAL AGENCY 8% PFD @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 02503X-20-4) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) 3,000.000 3,600.000 5,400.000 7,200.000 37,000.000 28,000.000 1,793,589.040 7.00 12.00 14.00 29.50 25.00 25.00 60.00 (21,000.00) (43,200.00) (75,600.00) (212,400.00) (925,000.00) (700,000.00) * (1,076,153.42) * * * * Quantity 500.000 4,500.000 750.000 1,000,000.000 Per Unit Amount 19.00 45.25 16.00 EFTA01539647 98.30 Market Cost (9,500.00) (203,625.00) (12,000.00) (982,540.00) * * * * Account Page 23 of 26 Consolidated Statement Page 26 EFTA01539648 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 4/4 Purchase 4/10 4/4 4/10 4/3 4/11 4/5 4/11 4/5 4/11 4/5 4/16 4/12 4/17 4/11 4/17 4/11 4/17 4/12 4/17 4/17 4/20 4/18 4/23 Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Description CLOVIS ONCOLOGY INC @ 20.00 J.P. MORGAN SECURITIES LLC (ID: 189464-10-0) WILLIAMS PARTNERS LP @ 54.56 J.P. MORGAN SECURITIES LLC (ID: 96950E-10-4) MFA FINANCIAL INC PFD 896 @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 55272X-30-0) HOVNANIAN ENTERPRISES INC CL A @ 2.00 J.P. MORGAN SECURITIES LLC (ID: 442487-20-3) EFTA01539649 RETAIL PROPERTIES OF AME - A @ 8.00 J.P. MORGAN SECURITIES LLC (ID: 76131V-20-2) JP MORGAN CHASE BANK NA ZERO CPN @ 100.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 4662A0-4Q-1) FORUM ENERGY TECHNOLOGIES IN @ 20.00 J.P. MORGAN SECURITIES LLC (ID: 34984V-10-0) OAKTREE CAPITAL GROUP LLC @ 43.00 J.P. MORGAN SECURITIES LLC (ID: 674001-20-1) QR ENERGY LP @ 19.18 J.P. MORGAN SECURITIES LLC (ID: 74734R-10-8) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 @ 65.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 6,000,000.00 (ID: 05950M-AF-7) APOLLO RESIDENTIAL MORTGAGE @ 18.25 J P. MORGAN SECURITIES LLC (ID: 03763V-10-2) FRANCESCAS HOLDINGS CORP @ 27.60 J.P. MORGAN SECURITIES LLC (ID: 351793-10-4) 2,250.000 1,500.000 18.25 27.60 (41,062.50) (41,400.00) Quantity 2,475.000 1,000.000 21,000.000 20,250.000 7,650.000 1,500,000.000 1,013.000 1,000.000 2,700.000 2,534,706.900 Per Unit Amount 20.00 54.56 25.00 2.00 8.00 100.00 20.00 43.00 19.18 65.00 Market Cost (49,500.00) (54,560.00) (525,000.00) EFTA01539650 (40,500.00) (61,200.00) (1,500,000.00) (20,260.00) (43,000.00) (51,786.00) (1,647,559.49) Account Page 24 of 26 Consolidated Statement Page 27 EFTA01539651 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Settle Date Type Settled Securities Purchased 4/20 4/24 4/20 4/24 4/19 4/24 4/18 4/24 4/19 4/24 4/19 4/24 Write Option Description Purchase Option JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 83. PURCHASED FX OPTION PUT 415,000,000.00 JPY CALL 5,000,000.00 USD (ID: XJPYPB-AN-Z) JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 22, 2012 @ 81. KI @79 WRITTEN FX OPTION CALL 405,000,000.00 JPY PUT 5,000,000.00 USD (ID: XJPYCA-RZ-Z) Purchase Purchase Purchase Purchase Total Settled Securities Purchased Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 4/26 5/1 4/26 5/1 Sale ARES COMMERCIAL REAL ESTATE (ID: 04013V-10-8) MFA FINANCIAL INC PFD 896 (ID: 55272X-30-0) Quantity (3,150.000) (11,095.000) Per Unit Amount 18.00 EFTA01539652 24.917 GUIDEWIRE SOFTWARE INC @ 28.25 J.P. MORGAN SECURITIES LLC (ID: 40171V-10-0) SPLUNK INC @ 17.00 J.P. MORGAN SECURITIES LLC (ID: 848637-10-4) TUMI HOLDINGS INC @ 18.00 J.P. MORGAN SECURITIES LLC (ID: 89969Q-10-4) PNC FINANCIAL SERVICES 6 1/8% PFD @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 693475-85-7) 1,500.000 500.000 700.000 27,000.000 28.25 17.00 18.00 25.00 (42,375.00) (8,500.00) (12,600.00) (675,000.00) ($9,075,321.41) Proceeds 56,541.22 275,897.49 Tax Cost (58,275.00) (277,375.00) Realized Gain/Loss (1,733.78) S (1,477.51) S (405,000,000.000 ) 26,500.00 Quantity 415,000,000.000 Per Unit Amount Market Cost (26,500.00) Account Page 25 of 26 Consolidated Statement Page 28 EFTA01539653 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 4/27 5/2 MFA FINANCIAL INC PFD 896 (ID: 55272X-30-0) Total Pending Sales, Maturities, Redemptions Quantity (9,905.000) Per Unit Amount 24.90 Proceeds 246,140.65 $578,579.36 Tax Cost (247,625.00) ($583,275.00) Realized Gain/Loss (1,484.35) S ($4,695.64) S Trade Date Est. Settle Date Type Pending Securities Purchased 4/25 Purchase 5/1 Description ARES COMMERCIAL REAL ESTATE (ID: 04013V-10-8) Quantity 3,150.000 Per Unit Amount 18.50 Market Cost (58,275.00) Account Page 26 of 26 Consolidated Statement Page 29 EFTA01539654 J.P. Morgan Securities LLC FINANCIAL TRUST COMPANY INC 383 Madison Avenue, New York, NY 10179 ACCT. For the Period 4/1/12 to 4/30/12 Margin Account J.P. Morgan Team Paul Morris Paul Barrett Janet Young Gina Magliocco Online access Banker Investment Specialist 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 Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). Table of Contents Account Summary Holdings Equity Cash & Fixed Income Portfolio Activity Page 2 4 5 7 Account Page 1 of 7 Consolidated Statement Page 30 EFTA01539655 FINANCIAL TRUST COMPANY INC Account Summary MARGIN Cash Asset Allocation Equity Cash & Fixed Income Market Value Market Value 0.00 0.00 $0.00 Margin Market Value 0.00 303,275.36 $303,275.36 Current Portfolio Activity Beginning Market Value Withdrawals & Fees Net Contributions/Withdrawals Change In Investment Value Ending Market Value Period Value 300,899.71 (24.35) ($24.35) 2,670.00 $303,545.36 Short Market Value (21,945.00) 22,215.00 $270.00 Year-to-Date Value 299,802.94 (97.58) ($97.58) 3,840.00 $303,545.36 Total (21,945.00) 325,490.36 Estimated Current Market Value Annual Income Allocation (2,568.00) $303,545.36 ($2,568.00) EFTA01539656 100% 100% ACCT. For the Period 4/1/12 to 4/30/12 Account Page 2 of 7 Consolidated Statement Page 31 EFTA01539657 FINANCIAL TRUST COMPANY INC Account Summary CONTINUED Tax Summary Unrealized Gain/Loss Cost Summary Equity Cash & Fixed Income Total 325,490.36 Cost $295,410.73 (30,079.63) Investment Objectives Speculation Permitted Capital Appreciation ACCT. For the Period 4/1/12 to 4/30/12 To-Date Value $8,134.63 Yes Yes Account Page 3 of 7 Consolidated Statement Page 32 EFTA01539658 FINANCIAL TRUST COMPANY INC Equity Summary Asset Categories Non-US Equity Beginning Market Value (24,615.00) Ending Market Value (21,945.00) Change In Value 2,670.00 Current Allocation ACCT. For the Period 4/1/12 to 4/30/12 Current Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Equity Detail Price Non-US Equity TELEFONICA S A SPONS ADR 879382-20-8 TEF Quantity Account Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Period Value (21,945.00) (30,079.63) 8,134.63 (2,568.00) 14.63 (1,500.000) Short (21,945.00) (30,079.63) 8,134.63 (2,568.00) EFTA01539659 11.70% Account Page 4 of 7 Consolidated Statement Page 33 EFTA01539660 FINANCIAL TRUST COMPANY INC Cash & Fixed Income Summary Beginning Asset Categories Cash Market Value 325,514.71 ACCT. For the Period 4/1/12 to 4/30/12 Ending Market Value 325,490.36 Change In Value (24.35) Current Allocation 100% Current Market Value/Cost Market Value Tax Cost SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1 Period Value 325,490.36 325,490.36 SUMMARY BY TYPE Market Value 325,490.36 % of Bond Portfolio 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 Market Value 325,490.36 % of Bond Portfolio 100% Account Page 5 of 7 Consolidated Statement Page 34 EFTA01539661 EFTA01539662 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Cash & Fixed Income Detail Quantity Price Cash US DOLLAR US DOLLAR Total Cash 1.00 1.00 303,275.36 Margin 22,215.00 Short 303,275.36 22,215.00 $325,490.36 303,275.36 22,215.00 $325,490.36 $0.00 $0.00 0.00% Account Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Account Page 6 of 7 Consolidated Statement Page 35 EFTA01539663 FINANCIAL TRUST COMPANY INC ACCT. For the Period 4/1/12 to 4/30/12 Portfolio Activity Summary Beginning Cash Balance Transactions Short Fees Charged OUTFLOWS ** Total Outflows Ending Cash Balance Current Period Value 325,514.71 (24.35) ($24.35) $325,490.36 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a FIRST IN, FIRST OUT method for relieving assets from your position Portfolio Activity Detail INFLOWS & OUTFLOWS Type Settle Date Selection Method 4/2 4/2 4/9 4/9 4/16 4/16 4/23 Description Mark to Market Adj MARK TO MARKET SUB-ACCOUNT: MGN Mark to Market Adj MARK TO MARKET SHORT POS SUB-ACCOUNT: SHT Mark to Market Adj MARK TO MARKET SHORT POS SUB-ACCOUNT: SHT Mark to Market Adj MARK TO MARKET SUB-ACCOUNT: MGN Mark to Market Adj MARK TO MARKET SHORT POS SUB-ACCOUNT: SHT Mark to Market Adj MARK TO MARKET SUB-ACCOUNT: MGN Misc Debit Total Inflows & Outflows Account Page 7 of 7 SHORT DEBIT FEE 03/21-04/20 SUB-ACCOUNT: MGN Quantity Cost Per Unit Amount Amount 675.00 (675.00) (1,320.00) 1,320.00 (1,080.00) 1,080.00 EFTA01539664 (24.35) ($24.35) Consolidated Statement Page 36 Year-To-Date Value* -(97.58) ($97.58) EFTA01539665 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539666 For the Period 4/1/12 to 4/30/12 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. 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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. 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