EFTA01539853.pdf

HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 10F NEW YORK NY 10065-6216 EFTA01539853 EFTA01539854 For the Period 7/1/12 to 7/31/12 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value 1 2 Beginning Net Market Value 70,484,742.51 304,267.12 $70,789,009.63 Ending Net Market Value 72,373,316.29 306,937.05 $72,680,253.34 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 1,888,573.78 2,669.93 $1,891,243.71 Start on Page 4 32 0000005057.15.0.15.00001.BELLE18.20120802 Consolidated Statement Page 1 EFTA01539855 EFTA01539856 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539857 For the Period 7/1/12 to 7/31/12 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 25,252,397.14 (1,343,087.25) 46,183,973.38 $70,093,283.27 695,726.36 $70,789,009.63 Ending Market Value 24,621,765.39 (223,035.51) 47,408,181.46 $71,806,911.34 873,342.00 $72,680,253.34 Change In Value (630,631.75) 1,120,051.74 1,224,208.08 $1,713,628.07 177,615.64 $1,891,243.71 Estimated 945,216.63 Current Annual Income Allocation 34% 2,592,223.93 $3,537,440.56 66% 100% Equity Cash & Fixed Income Asset Allocation Current Portfolio Activity Beginning Market Value Net Contributions/Withdrawals EFTA01539858 Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 70,093,283.27 (23.32) 232,026.42 1,481,624.97 $71,806,911.34 873,342.00 $72,680,253.34 Year-to-Date Value 69,562,571.76 (15,862.86) 1,533,592.67 726,609.77 $71,806,911.34 873,342.00 $72,680,253.34 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 EFTA01539859 For the Period 7/1/12 to 7/31/12 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 Account Number Beginning Market Value 69,262,768.82 299,802.94 $69,562,571.76 Taxable Income 1,534,597.63 (1,004.96) $1,533,592.67 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Net Contributions/ Withdrawals (15,690.52) (172.34) ($15,862.86) Tax-Exempt Income Other Income & Receipts Income & Distributions 1,534,597.63 (1,004.96) $1,533,592.67 Change in Investment Value 718,298.36 8,311.41 $726,609.77 Realized Gain/Loss EFTA01539860 Short-term (386,514.31) ($386,514.31) Long-term 2,337,430.46 (5.94) $2,337,424.52 Ending Market Value with Accruals 72,373,316.29 306,937.05 $72,680,253.34 Unrealized Gain/Loss, (410,537.40) 13,100.07 ($397,437.33) CONTINUED Consolidated Statement Page 3 EFTA01539861 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 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 11 19 Account Page 1 of 28 Consolidated Statement Page 4 EFTA01539862 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 25,272,558.04 (1,343,087.25) 45,859,545.36 $69,789,016.15 695,726.36 $70,484,742.51 Ending Market Value 24,639,233.04 (223,035.51) 47,083,776.76 $71,499,974.29 873,342.00 $72,373,316.29 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 $0.00 232,026.42 1,478,931.72 $71,499,974.29 873,342.00 $72,373,316.29 Period Value 69,789,016.15 Change In Value (633,325.00) 1,120,051.74 1,224,231.40 EFTA01539863 $1,710,958.14 177,615.64 $1,888,573.78 Equity Year-to-Date Value 69,262,768.82 1,028,454.65 (16,232.41) (1,027,912.76) ($15,690.52) 1,534,597.63 718,298.36 $71,499,974.29 873,342.00 $72,373,316.29 Estimated 947,766.75 Current Annual Income Allocation 34% 2,592,223.93 $3,539,990.68 66% 100% Cash & Fixed Income Asset Allocation Account Page 2 of 28 Consolidated Statement Page 5 EFTA01539864 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Account Summary Tax Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Ordinary Income Accrued Interest Current Year Taxable Income CONTINUED Current Period Value Year-to-Date Value 35,356.74 204,586.35 (7,916.67) $232,026.42 430,318.75 39,863.24 250,962.14 918,781.86 6,996.06 (112,324.42) $1,534,597.63 Unrealized Gain/Loss To-Date Value ($410,537.40) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 63,586.46 (980,214.00) ($916,627.54) Year-to-Date Value (386,514.31) 2,337,430.46 $1,950,916.15 Cost Summary Equity Cash & Fixed Income Total 47,078,705.94 Cost 27,135,628.91 $74,214,334.85 EFTA01539865 Account Page 3 of 28 Consolidated Statement Page 6 EFTA01539866 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 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 Accrued Dividends Yield Beginning Market Value 12,491,408.45 559,500.00 4,363,865.00 7,857,784.59 $25,272,558.04 Ending Market Value 12,301,578.40 711,000.00 5,101,532.50 6,525,122.14 $24,639,233.04 Current Period Value 24,639,233.04 27,135,628.91 (1,144,348.01) 947,766.75 99,845.00 3.83% Concentrated & Other Equity Equity as a percentage of your portfolio - 34 % Change In Value (189,830.05) 151,500.00 737,667.50 (1,332,662.45) ($633,325.00) Current Allocation 17% 1% EFTA01539867 7% 9% US Small/Mid Cap Equity 34% Preferred Stocks Asset Categories US Large Cap Equity Account Page 4 of 28 Consolidated Statement Page 7 EFTA01539868 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 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 145.83 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 FACEBOOK INC-A 30303M-10-2 FB GS CONT BUFF EQ SPX 7/9/13 80% CONTIN BARRIER- 10.5%CPN 15% CAP INITIAL LEVEL-6/20/12 SPX:1355.69 38143U-Z9-5 HSBC MARKET PLUS SPX 05/17/13 72% KO BARRIER- 0%CPN ,UNCAPPED INITIAL LEVEL-02/14/12 SPX:1350.50 4042K1-XQ-1 100.71 5,000,000.000 5,035,500.00 5,000,000.00 35,500.00 21.71 101.74 35,000.000 3,000,000.000 759,850.00 3,052,140.00 1,330,000.00 3,000,000.00 (570,150.00) 52,140.00 64.77 EFTA01539869 1,000,000.000 647,660.00 1,000,000.00 (352,340.00) 2,095.000 305,513.85 250,454.95 55,058.90 19.13 16,535.000 316,314.55 251,475.52 64,839.03 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Account Page 5 of 28 Consolidated Statement Page 8 EFTA01539870 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 7/1/12 to 7/31/12 Price US Large Cap Equity 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 $12,301,578.40 $12,831,930.47 ($530,352.07) $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 109.23 2,000,000.000 2,184,600.00 2,000,000.00 184,600.00 US Small/Mid Cap Equity DEUTSCHE BK AG LDN BRH 14.22 DBL LONG ETN38 25154H-55-8 DAG Preferred Stocks BARCLAYS BANK PLC PFD SHS SER 5 8 1/8% 06739H-36-2 BCS PDAA /P-2 P CHESAPEAKE LODGING TRUST PFD 7 3/4% 165240-20-1 CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 27.39 30,000.000 821,700.00 750,000.00 71,700.00 59,070.00 EFTA01539871 7.19% 25.31 0.00 7.66% 50,000.000 711,000.00 352,529.00 358,471.00 25.69 39,250.000 1,008,332.50 1,002,565.50 5,767.00 79,716.75 7.91% Account Page 6 of 28 Consolidated Statement Page 9 EFTA01539872 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Price Preferred Stocks P DDR CORP PFD 6 1/2% 23317H-60-7 DDRC GMAC CAPITAL TRUST I PFD STK 8 1/8% 361860-20-8 KIMCO REALTY CORP PFD 5 1/2% 49446R-77-8 KIM PJ Total Preferred Stocks 24.70 13,000.000 321,100.00 $5,101,532.50 325,000.00 $4,960,339.10 (3,900.00) $141,193.40 17,875.00 $384,141.75 5.57% 7.53% 24.38 80,000.000 1,950,400.00 1,882,773.60 67,626.40 162,480.00 8.33% 25.00 40,000.000 1,000,000.00 1,000,000.00 65,000.00 6.50% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Concentrated & Other Equity GENERAL MOTORS CO 33.47 EFTA01539873 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 /BA1 LONG TOTAL RETURN SWAP 4,044,412.80 USD NOTIONAL APPLE INC MAT FEB 05 2013 DEAL 9966782 N/O Client SWPBDP-MH-9 Total Concentrated & Other Equity $6,525,122.14 $8,990,830.34 ($1,113,660.34) Account Page 7 of 28 $563,625.00 $99,845.00 8.60% Consolidated Statement Page 10 152.60 8,860.000 (1,352,047.86) N/A ** N/A 110.02 5,000,000.000 5,500,800.00 5,404,861.12 95,938.88 395,000.00 99,845.00 7.13% 71,000.000 2,376,370.00 3,585,969.22 (1,209,599.22) 168,625.00 7.10% EFTA01539874 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value (1,343,087.25) Alternative Assets Detail Price Hard Assets BRT CALL OPTION ABC INC USD PUT OPTION STRIKE 140.00 EXPIRING 08/13/2012 250,000 BARRELS OTCBDC-JZ-N BRT CALL OPTION USD PUT OPTION STRIKE 126.50 EXPIRING 11/12/2012 125,000 BARRELS OTCBDC-NA-W BRT CALL OPTION USD PUT OPTION STRIKE 119.50 EXPIRING 11/12/2012 100,000 BARRELS OTCBDC-NB-L 1,435.45 100.000 143,545.19 184,000.00 822.94 125.000 102,867.00 75,000.00 0.18 250.000 44.13 200,000.00 Quantity Estimated Value Cost Ending Estimated Value (223,035.51) Change In Value 1,120,051.74 EFTA01539875 Current Allocation Account Page 8 of 28 Consolidated Statement Page 11 EFTA01539876 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Price Hard Assets BRT CALL OPTION USD PUT OPTION STRIKE 119.00 EXPIRING 12/11/2012 100,000 BARRELS OTCBDC-NB-M BRT CALL OPTION USD PUT OPTION STRIKE 118.50 EXPIRING 02/08/2013 100,000 BARRELS OTCBDC-NB-N BRT PUT OPTION USD CALL OPTION STRIKE 100.00 EXPIRING 08/13/2012 250,000 BARRELS OTCBDP-JN-G BRT PUT OPTION USD CALL OPTION STRIKE 96.50 EXPIRING 11/12/2012 125,000 BARRELS OTCBDP-JQ-R BRT PUT OPTION USD CALL OPTION STRIKE 80.00 EXPIRING 11/12/2012 100,000 BARRELS OTCBDP-JQ-U 862.92 (100.000) (86,292.10) (184,000.00) 4,015.30 (125.000) (501,912.62) (1,087,500.00) 656.89 (125.000) (82,110.75) (136,250.00) 3,176.22 100.000 317,621.87 327,000.00 Quantity EFTA01539877 Estimated Value Cost 2,100.97 100.000 210,096.50 233,000.00 Account Page 9 of 28 Consolidated Statement Page 12 EFTA01539878 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Price Hard Assets BRT PUT OPTION USD CALL OPTION STRIKE 79.50 EXPIRING 12/11/2012 100,000 BARRELS OTCBDP-JQ-V BRT PUT OPTION USD CALL OPTION STRIKE 79.00 EXPIRING 02/08/2013 100,000 BARRELS OTCBDP-JQ-W Total Hard Assets ($223,035.51) ($948,750.00) 2,021.85 (100.000) (202,185.20) (327,000.00) Quantity Estimated Value Cost 1,247.10 (100.000) (124,709.53) (233,000.00) Account Page 10 of 28 Consolidated Statement Page 13 EFTA01539879 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 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 10,607,520.61 1,062,687.15 31,409,050.49 1,019,648.00 1,741,216.08 19,423.03 $45,859,545.36 Ending Market Value 11,289,886.23 1,031,285.08 31,462,181.87 779,697.30 2,523,751.58 (3,025.30) $47,083,776.76 Current Period Value 47,083,776.76 47,078,705.94 8,096.12 2,592,223.93 773,497.00 5.67% Cash & Fixed Income as a percentage of your portfolio 66 % Change In Value 682,365.62 (31,402.07) 53,131.38 (239,950.70) EFTA01539880 782,535.50 (22,448.33) $1,224,231.40 Current Allocation 16% 1% 44% 1% 4% 66% Cash Non-US Fixed Income Non-USD Cash Complementary Structured Strategies Asset Categories US Fixed Income Account Page 11 of 28 Consolidated Statement Page 14 EFTA01539881 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1-5 years' 5-10 years' 10+ years' Total Value 1 SUMMARY BY TYPE Market Value 16,352,023.89 14,654,906.92 2,734,500.00 13,345,371.25 $47,086,802.06 % of Bond Portfolio 38% 30% 5% 27% 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 11,289,886.23 1,031,285.08 20,754,816.92 3,452,107.30 5,093,403.95 2,523,751.58 2,941,551.00 $47,086,802.06 % of Bond Portfolio 23% EFTA01539882 2% 47% 7% 10% 5% 6% 100% Account Page 12 of 28 Consolidated Statement Page 15 EFTA01539883 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY Value in Currency MEXICAN NEW PESO US DOLLAR 12,900,000.00 (972,212.80) 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 11,364,702.19 (1,000,000.00 ) 925,184.04 11,364,702.19 (1,000,000.00) 925,184.04 $11,289,886.23 11,364,702.19 (1,000,000.00) 925,184.04 $11,289,886.23 $0.00 $1,136.47 $87.38 0.01% 1,136.47 87.38 0.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income EFTA01539884 Accrued Interest Yield Account Page 13 of 28 Consolidated Statement Page 16 EFTA01539885 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Price Non-USD Cash CANADIAN DOLLAR EURO PRINCIPAL CURRENCY Total Non-USD Cash Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 1.00 1.23 0.01 0.01 837,388.58 1,031,285.07 $1,031,285.08 0.01 1,099,726.08 $1,099,726.09 (68,441.01) ($68,441.01) $0.00 0.00% US Fixed Income ALLY FINANCIAL INC 23.24 8 1/2% PFD 02005N-30-8 NA /CAA AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 02503Y-AF-0 B /NR ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 780097-AP-6 BB+ /BA3 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 EFTA01539886 100.57 5,000,000.00 5,028,500.00 4,725,000.00 303,500.00 100.29 1,000,000.00 1,002,910.00 966,000.00 36,910.00 50,500.00 3,226.00 109.08 1,500,000.00 1,636,125.00 1,530,000.00 106,125.00 97,500.00 44,958.00 350,000.00 78,750.00 4.92% 100.31 2,000,000.00 2,006,280.00 2,031,000.00 (24,720.00) 159,200.00 13,708.00 7.72% 126,600.00 2,941,551.00 2,782,242.51 159,308.49 268,392.00 67,256.25 9.12% 3.74% 6.83% Account Page 14 of 28 Consolidated Statement Page 17 EFTA01539887 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 7/1/12 to 7/31/12 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 LLOYDS TSB BANK PLC MTN 9 7/8% DEC 16 2021 DTD 12/16/2011 HELD BY EUROCLEAR ISIN XS0717735822 SEDOL B7FQXT1 G4715J-9D-3 BBB /BA1 SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 81743P-AH-9 AA+ /B2 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 172973-P9-4 NA /NR BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 05950M-AF-7 CCC /CA Account Page 15 of 28 Consolidated Statement Page 18 56.83 2,414,447.72 1,372,178.93 1,569,391.03 (197,212.10) 12,718.10 169.01 6.11% 72.16 2,047,535.69 1,477,460.80 1,699,454.62 (221,993.82) 110,984.62 9,248.71 EFTA01539888 8.22% 66.75 1,745,472.49 1,165,067.98 1,047,283.49 117,784.49 27,347.19 181.52 10.76% 111.30 1,500,000.00 1,669,500.00 1,627,500.00 42,000.00 148,125.00 92,577.00 8.10% 106.50 1,000,000.00 1,065,000.00 1,001,500.00 63,500.00 76,250.00 3,388.00 6.20% 100.59 959,777.22 965,391.92 885,394.49 79,997.43 67,184.40 9,517.15 6.58% 103.25 2,500,000.00 2,581,250.00 2,615,625.00 (34,375.00) 196,875.00 82,030.00 7.03% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield EFTA01539889 EFTA01539890 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 7/1/12 to 7/31/12 Price US Fixed Income BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 05952H-BY-4 CCC /C GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 369622-SN-6 AA- /BAA BANK OF AMERICA CORP 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /B1 SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income 106.94 3,000,000.00 3,208,170.00 2,999,982.50 208,187.50 187,500.00 101,562.00 $31,462,181.87 $30,832,343.62 $629,838.25 $2,179,238.35 $569,222.14 Non-US Fixed Income REPUBLIC OF ARGENTINA - ARS FLOATING RATE NOTE DEC 15 2035 DTD 11/01/2005 HELD BY EUROCLEAR ISIN ARARGE03E147 SEDOL B1MYWX3 EC0698-9B-7 ARS 5.79% 105.26 2,000,000.00 2,105,180.00 2,081,180.56 23,999.44 162,500.00 34,304.00 7.69% 107.95 2,000,000.00 EFTA01539891 2,158,920.00 2,115,000.00 43,920.00 142,500.00 18,208.00 6.55% 53.20 2,027,700.75 1,078,696.24 1,155,789.42 (77,093.18) 121,662.04 10,138.50 10.09% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 7.16% 0.39 10,000,000.00 39,072.30 318,000.00 (278,927.70) 81,196.61 50,972.98 167.00% Account Page 16 of 28 Consolidated Statement Page 19 EFTA01539892 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 7/1/12 to 7/31/12 Price Non-US Fixed Income 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 $779,697.30 $1,356,750.00 ($577,052.70) $318,849.11 $200,312.98 Complementary Structured Strategies JPY CALL CAD PUT FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 76. KI @ 71 XJPYCA-RC-Z CAD JPY PUT CAD CALL FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 83.25 XJPYPA-YX-Z CAD 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-3 109.04 1,000,000.00 1,090,400.00 1,000,000.00 90,400.00 832,500,000.00 274.64 411,436.90 (411,162.26) 38.93% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 9.88 EFTA01539893 7,500,000.00 740,625.00 1,038,750.00 (298,125.00) 237,652.50 149,340.00 32.17% (760,000,000.00 ) (1,373.06) (411,436.90) 410,063.84 Account Page 17 of 28 Consolidated Statement Page 20 EFTA01539894 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Price Complementary Structured Strategies JP MORGAN CHASE BANK NA 6.200% 04/16/2015 DTD 04/16/2012 4662A0-40-1 Total Complementary Structured Strategies $2,523,751.58 $2,500,000.00 $23,751.58 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 95.63 1,500,000.00 1,434,450.00 1,500,000.00 (65,550.00) 93,000.00 3,874.50 $93,000.00 $3,874.50 8.00% 4.55% Market Value Receivable Trade Date Foreign Exchange Contracts MEXICAN NEW PESO US DOLLAR Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Jul. 19 12 Aug. 23 12 EFTA01539895 MXN USD 12,900,000.00 (972,212.80) 13.268700 13.310118 969,187.50 972,212.80 (3,025.30) Account Page 18 of 28 Consolidated Statement Page 21 EFTA01539896 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 8,041,891.19 (5,785,363.50) $2,256,527.69 $11,364,702.19 * 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 52,806,417.56 (65,308,578.08) ($12,502,160.52) -(939,206.41) ($939,206.41) 974,563.15 $1,171,232.83 Period Value 8,876,148.08 196,669.68 Year-To-Date Value* -1,276,639.43 1,028,454.65 24,828,517.66 $27,133,611.74 (16,232.41) (24,439,206.41) ($24,455,438.82) Current Cost Adjustments Cost Adjustments EFTA01539897 Total Cost Adjustments Period Value $0.00 Year-To-Date Value* 13,020.83 $13,020.83 Account Page 19 of 28 Consolidated Statement Page 22 EFTA01539898 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 7/2 7/2 7/2 7/2 7/9 7/16 7/17 7/20 7/20 7/23 Accrued Int Paid Corporate Interest Interest Income Interest Income Foreign Interest Corporate Interest Corporate Interest Corporate Interest Corporate Interest FX Fwd Contract Description GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 @ 105.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 06/27/12 (ID: 369622-SN-6) AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 (ID: 02503Y-AF-0) ANNALY CAPITAL MGMT PFD 7 5/8% @ 0.238281 PER SHARE (ID: 035710-70-6) DEPOSIT SWEEP INTEREST FOR JUNE @ .01% RATE ON NET AVG COLLECTED BALANCE OF $8,052,318.62 AS OF 07/01/12 ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 (ID: 780097-AP-6) NRG ENERGY INC 7 5/8% JAN 15 2018 DTD 07/15/2011 (ID: 629377-BN-1) JP MORGAN CHASE BANK NA 6.200% 04/16/2015 DTD 04/16/2012 AS OF 07/16/12 (ID: 4662A0-4Q-1) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 (ID: 05950M-AF-7) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 (ID: 81743P-AH-9) SETTLE FORWARD CURRENCY CONTRACT BUY MXN SELL USD CONTRACT RATE : 13.735000000 TRADE 6/19/12 EFTA01539899 VALUE 7/23/12 (ID: OMXNPR-AA-7) 12,900,000.000 953,028.27 (939,206.41) 1,758,529.380 0.001 2,291.58 1,000,000.000 1,000,000.000 1,500,000.000 2,459,655.510 0.025 0.038 0.015 25,250.00 38,125.00 23,122.95 1,073.54 170,000.000 0.238 40,507.77 66.03 Quantity Cost 2,000,000.000 0.00 2,000,000.000 Per Unit Amount 0.004 0.02 Amount (7,916.67) 39,800.00 Account Page 20 of 28 Consolidated Statement Page 23 EFTA01539900 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 7/23 7/25 7/25 7/30 Spot FX Corporate Interest Corporate Interest Interest Income Total Inflows & Outflows TRADE ACTIVITY Note: Trade Date Settle Date 6/27 7/2 6/27 7/2 Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 13.236700000 DEAL 07/19/12 VALUE 07/23/12 (ID: OMXNPR-AA-7) BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 (ID: 05952H-BY-4) CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 (ID: 172973-P9-4) CITIGROUP CAPITAL XIII 7 7/8% PFD @ 0.492187 PER SHARE (ID: 173080-20-1) 30,000.000 0.492 14,765.61 $232,026.42 2,072,272.230 0.005 9,364.52 2,043,869.546 0.005 10,219.35 Quantity Cost Per Unit Amount (12,900,000.000 ) (953,028.27) Amount EFTA01539901 974,563.15 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 Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO DIGITAL REALTY TRUST INC @ 72.762 90,952.50 BROKERAGE 100.00 TAX &/OR SEC 2.04 J.P. MORGAN SECURITIES LLC (ID: 253868-10-3) EQT MIDSTREAM PARTNERS LP @ 22.943 45,886.00 BROKERAGE 100.00 TAX &/OR SEC 1.03 J.P. MORGAN SECURITIES LLC (ID: 26885B-10-0) (2,000.000) 22.892 45,784.97 (42,000.00) 3,784.97 S* Quantity (1,250.000) Per Unit Amount 72.68 Proceeds 90,850.46 Tax Cost (90,312.50) Realized Gain/Loss 537.96 S* Account Page 21 of 28 Consolidated Statement Page 24 EFTA01539902 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Trade Date Settle Date 6/22 7/3 6/28 7/3 6/28 7/3 7/11 7/16 7/13 7/18 7/16 7/19 7/20 7/20 7/20 7/20 7/18 7/23 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO CENCOSUD SA-SPONSORED ADR @ 15.60946 117,070.95 BROKERAGE 300.00 TAX &/OR SEC 2.63 J.P. MORGAN SECURITIES LLC (ID: 15132H-40-8) ENERGY TRANSFER PARTNERS L P @ 43.39749 65,096.24 BROKERAGE 100.00 TAX &/OR SEC 1.46 J.P. MORGAN SECURITIES LLC (ID: 29273R-10-9) JPM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 @ 178.7695 JP MORGAN SECURITIES LLC (BIDL) (ID: 48124A-WK-9) AMERICAN CAMPUS COMMUNITIES INC @ 44.27005 221,350.25 BROKERAGE 250.00 TAX &/OR SEC 4.96 J.P. MORGAN SECURITIES LLC (ID: 024835-10-0) TWO HBRS INVT CORP COM @ 10.63 119,587.50 BROKERAGE 562.50 TAX &/OR SEC 2.68 J.P. MORGAN EFTA01539903 SECURITIES LLC (ID: 90187B-10-1) ENTERGY LOUISIANA LLC PFD 5 1/4% @ 26.01191 650,297.75 BROKERAGE 1,250.00 TAX &/OR SEC 14.57 J.P. MORGAN SECURITIES LLC (ID: 29364W-50-4) 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 B1 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL (ID: 81743P-AH-9) Sale FIFO AMERICAN CAPITAL AGENCY CORP @ 34.24108 308,169.72 BROKERAGE 450.00 TAX &/OR SEC 6.91 J.P. MORGAN SECURITIES LLC (ID: 02503X-10-5) (9,000.000) 34.19 307,712.81 (306,900.00) 812.81 S (13,056.890) 100.00 13,056.89 (7,834.13) 5,222.76 S (45,207.790) 100.00 45,207.79 (29,385.06) 15,822.73 S (25,000.000) 25.961 649,033.18 (625,000.00) 24,033.18 S (11,250.000) 10.58 119,022.32 (117,450.00) 1,572.32 S (5,000.000) 44.219 221,095.29 (221,250.00) (154.71) S (2,500,000.000 ) 178.80 4,469,237.50 EFTA01539904 (2,512,500.00) 1,956,737.50 L * (1,500.000) 43.33 64,994.78 (66,855.00) (1,860.22) S* Quantity (7,500.000) Per Unit Amount 15.569 Proceeds 116,768.32 Tax Cost (117,096.00) Realized Gain/Loss (327.68) S* Account Page 22 of 28 Consolidated Statement Page 25 EFTA01539905 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 7/25 7/25 7/25 7/25 7/20 7/25 7/26 7/26 7/24 7/27 7/24 7/27 7/26 7/31 7/26 7/31 Principal Payment BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 Pro Rata CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 PAYMENT A/C PRINCIPAL (ID: 05952H-BY-4) Principal Payment CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 Pro Rata 5.4204% FEB 25 2035 DTD 02/01/2005 PAYMENT A/C PRINCIPAL (ID: 172973-P9-4) Sale FIFO Redemption Pro Rata Sale FIFO Sale FIFO Sale FIFO Sale FIFO SPLUNK INC @ 28.8215 57,643.00 BROKERAGE 100.00 TAX &/OR SEC 1.30 J.P. MORGAN SECURITIES LLC (ID: 848637-10-4) MS MARKET PLUS TEF SM 7/26/12 75% CONTIN BARRIER-25.5%CPN ,UNCAPPED INITIAL LEVEL-1/13/11 TEF: 17.69 TO REDEMPTION (ID: 617482-QR-8) CHESAPEAKE LODGING TRUST PFD 7 3/4% @ 25.05291 EFTA01539906 301,311.35 BROKERAGE 601.35 TAX &/OR SEC 6.75 J.P. MORGAN SECURITIES LLC (ID: 165240-20-1) VORNADO REALTY TRUST PFD 5.7% @ 24.7758 247,758.00 BROKERAGE 500.00 TAX &/OR SEC 5.55 J.P. MORGAN SECURITIES LLC (ID: 929042-85-1) CHESAPEAKE LODGING TRUST PFD 7 3/4% @ 25.25625 155,073.38 BROKERAGE 307.00 TAX &/OR SEC 3.48 J.P. MORGAN SECURITIES LLC (ID: 165240-20-1) NORTHERN TIER ENERGY LP @ 14.264 78,452.00 BROKERAGE 275.00 TAX &/OR SEC 1.76 J.P. MORGAN SECURITIES LLC (ID: 665826-10-3) Total Settled Sales/Maturities/Redemptions $8,041,891.19 ($7,004,005.24) $976,523.50 L $61,362.45 S (5,500.000) 14.214 78,175.24 (77,000.00) 1,175.24 S (6,140.000) 25.206 154,762.90 (153,500.00) 1,262.90 S (10,000.000) 24.725 247,252.45 (250,000.00) (2,747.55) S (12,027.000) 25.002 300,703.25 (300,675.00) 28.25 S (2,000,000.000 ) 51.00 1,019,786.00 (2,000,000.00) (980,214.00) L (2,000.000) 28.771 57,541.70 (56,500.00) 1,041.70 S (24,736.540) 100.00 24,736.54 (20,531.33) 4,205.21 S EFTA01539907 Quantity (16,168.800) Per Unit Amount 100.00 Proceeds 16,168.80 Tax Cost (9,216.22) Realized Gain/Loss 6,952.58 S Account Page 23 of 28 Consolidated Statement Page 26 EFTA01539908 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Trade Date Settle Date Type Settled Securities Purchased 6/27 Purchase 7/2 6/27 7/2 6/27 7/2 6/22 7/3 6/26 7/3 6/28 7/3 7/10 7/12 7/10 7/12 7/10 7/12 7/10 7/12 7/10 7/12 Purchase Purchase Purchase Purchase Purchase Description DIGITAL REALTY TRUST INC @ 72.25 J.P. MORGAN SECURITIES LLC (ID: 253868-10-3) EQT MIDSTREAM PARTNERS LP @ 21.00 J.P. MORGAN SECURITIES LLC (ID: 268858-10-0) GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 @ 105.75 JP MORGAN SECURITIES LLC (BIDL) (ID: 369622-SN-6) CENCOSUD SA-SPONSORED ADR @ 15.6128 J.P. MORGAN SECURITIES LLC (ID: 15132H-40-8) ENTERGY LOUISIANA LLC PFD 5 1/4% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 29364W-50-4) ENERGY TRANSFER PARTNERS L P @ 44.57 J.P. MORGAN SECURITIES LLC (ID: 29273R-10-9) Purchase Option BRT CALL OPTION USD PUT OPTION STRIKE 119.50 EXPIRING 11/12/2012 100,000 BARRELS PURCHASE OTC CALL (ID: OTCBDC-NB-L) EFTA01539909 Write Option BRT PUT OPTION USD CALL OPTION STRIKE 80.00 EXPIRING 11/12/2012 100,000 BARRELS WRITTEN OTC PUT (ID: OTCBDP-JQ-U) Purchase Option BRT CALL OPTION USD PUT OPTION STRIKE 119.00 EXPIRING 12/11/2012 100,000 BARRELS PURCHASE OTC CALL (ID: OTCBDC-NB-M) Write Option BRT PUT OPTION USD CALL OPTION STRIKE 79.50 EXPIRING 12/11/2012 100,000 BARRELS WRITTEN OTC PUT (ID: OTCBDP-JQ-V) Purchase Option BRT CALL OPTION USD PUT OPTION STRIKE 118.50 EXPIRING 02/08/2013 100,000 BARRELS PURCHASE OTC CALL (ID: OTCBDC-NB-N) Account Page 24 of 28 Consolidated Statement Page 27 100.000 3,270.00 (327,000.00) (100.000) 2,330.00 233,000.00 100.000 2,330.00 (233,000.00) (100.000) 1,840.00 184,000.00 7,500.000 25,000.000 1,500.000 100.000 15.613 25.00 44.57 1,840.00 (117,096.00) (625,000.00) (66,855.00) (184,000.00) * * Quantity 1,250.000 2,000.000 2,000,000.000 Per Unit Amount 72.25 21.00 EFTA01539910 105.80 Market Cost (90,312.50) (42,000.00) (2,115,000.00) * * * EFTA01539911 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Trade Date Settle Date 7/10 7/12 7/11 7/16 7/10 7/17 7/11 7/18 7/13 7/18 7/18 7/23 7/16 7/25 7/19 7/25 7/26 7/31 Type Settled Securities Purchased Write Option Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Total Settled Securities Purchased Description BRT PUT OPTION USD CALL OPTION STRIKE 79.00 EXPIRING 02/08/2013 100,000 BARRELS WRITTEN OTC PUT (ID: OTCBDP-JQ-W) AMERICAN CAMPUS COMMUNITIES INC @ 44.25 J.P. MORGAN SECURITIES LLC (ID: 024835-10-0) CHESAPEAKE LODGING TRUST PFD 7 3/4% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 165240-20-1) VORNADO REALTY TRUST PFD 5.7% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 929042-85-1) TWO HBRS INVT CORP COM @ 10.44 J.P. MORGAN SECURITIES LLC (ID: 901878-10-1) AMERICAN CAPITAL AGENCY CORP @ 34.10 J.P. MORGAN SECURITIES LLC (ID: 02503X-10-5) KIMCO REALTY CORP PFD 5 1/2% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 49446R-77-8) SPLUNK INC @ 28.25 J.P. MORGAN SECURITIES LLC EFTA01539912 (ID: 848637-10-4) NORTHERN TIER ENERGY LP @ 14.00 J.P. MORGAN SECURITIES LLC (ID: 665826-10-3) 5,000.000 55,000.000 10,000.000 11,250.000 9,000.000 13,000.000 2,000.000 5,500.000 44.25 25.00 25.00 10.44 34.10 25.00 28.25 14.00 (221,250.00) (1,375,000.00) (250,000.00) (117,450.00) (306,900.00) (325,000.00) (56,500.00) (77,000.00) ($5,785,363.50) Quantity (100.000) Per Unit Amount 3,270.00 Market Cost 327,000.00 Account Page 25 of 28 Consolidated Statement Page 28 EFTA01539913 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 7/27 8/1 CHESAPEAKE LODGING TRUST PFD 7 3/4% (ID: 165240-20-1) Quantity (36,833.000) Per Unit Amount 25.168 Proceeds 925,184.04 Tax Cost (920,825.00) Realized Gain/Loss 4,359.04 S Trade Date Est. Settle Date Type Pending Securities Purchased 7/18 Purchase 8/1 Description DDR CORP PFD 6 1/2% (ID: 23317H-60-7) Quantity 40,000.000 Per Unit Amount 25.00 Market Cost (1,000,000.00) Account Page 26 of 28 Consolidated Statement Page 29 EFTA01539914 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 7/1/12 to 7/31/12 Portfolio Activity Summary - Mexican New Peso Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS ** Total Outflows Period Value -953,028.27 $953,028.27 Foreign Exchange - Outflows Ending Cash Balance * 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 - Mexican New Peso INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 7/23 7/23 FX Fwd Contract Spot FX Total Inflows & Outflows Account Page 27 of 28 Description SETTLE FORWARD CURRENCY CONTRACT BUY MXN SELL USD CONTRACT RATE : 13.735000000 TRADE 6/19/12 VALUE 7/23/12 (ID: OMXNPR-AA-7) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 13.236700000 DEAL 07/19/12 VALUE 07/23/12 (ID: OMXNPR-AA-7) ($21,534.88) $35,356.74 Consolidated Statement Page 30 974,563.150 (974,563.15) (12,900,000.00) 21,534.88 Quantity (939,206.410) Amount USD Local Value Amount USD EFTA01539915 Local Value 953,028.27 12,900,000.00 Currency Gain/Loss USD 13,821.86 (974,563.15) ($974,563.15) -Year-To-Date Value* -1,953,028.27 $1,953,028.27 (1,916,168.99) ($1,916,168.99) -Local Value Current Period Value 0.00 12,900,000.00 12,900,000.00 (12,900,000.00) (12,900,000.00) 0.00 Year-To-Date Value* -25,800,000.00 25,800,000.00 (25,800,000.00) (25,800,000.00) EFTA01539916 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Speculative MEXICAN NEW PESO U S DOLLAR MEXICAN NEW PESO U S DOLLAR Jun. 19 12 Jul. 23 12 Jul. 19 12 Jul. 23 12 MXN USD 12,900,000.00 (939,206.41) MXN (12,900,000.00) USD 974,563.15 13.735000 13.236700 13.535800 13.535800 (939,206.41) 974,563.15 953,028.27 (953,028.27) 13,821.86 21,534.88 Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Account Page 28 of 28 Consolidated Statement Page 31 EFTA01539917 J.P. Morgan Securities LLC FINANCIAL TRUST COMPANY INC 383 Madison Avenue, New York, NY 10179 ACCT. For the Period 7/1/12 to 7/31/12 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 8 Consolidated Statement Page 32 EFTA01539918 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 0.00 307,106.34 $307,106.34 Current Portfolio Activity Beginning Market Value Withdrawals & Fees Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Period Value 304,267.12 (23.32) ($23.32) 2,693.25 $306,937.05 Short Market Value (17,467.65) 17,298.36 ($169.29) Year-to-Date Value 299,802.94 (172.34) ($172.34) (1,004.96) 8,311.41 $306,937.05 Total (17,467.65) 324,404.70 Estimated Current Market Value Annual Income Allocation (2,550.12) EFTA01539919 $306,937.05 ($2,550.12) 100% 100% ACCT. For the Period 7/1/12 to 7/31/12 Account Page 2 of 8 Consolidated Statement Page 33 EFTA01539920 FINANCIAL TRUST COMPANY INC Account Summary Tax Summary Foreign Dividends Taxable Income CONTINUED Current Period Value Year-to-Date Value (1,004.96) ($1,004.96) LT Realized Gain/Loss Realized Gain/Loss Current Period Value Year-to-Date Value (5.94) ($5.94) ACCT. For the Period 7/1/12 to 7/31/12 Unrealized Gain/Loss To-Date Value $13,100.07 Cost Summary Equity Cash & Fixed Income Total 324,404.70 Cost $293,836.98 (30,567.72) Investment Objectives Speculation Permitted Capital Appreciation Yes Yes Account Page 3 of 8 Consolidated Statement Page 34 EFTA01539921 FINANCIAL TRUST COMPANY INC Equity Summary Asset Categories Non-US Equity Beginning Market Value (20,160.90) Ending Market Value (17,467.65) Change In Value 2,693.25 Current Allocation ACCT. For the Period 7/1/12 to 7/31/12 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 (17,467.65) (30,567.72) 13,100.07 (2,550.12) 11.35 (1,539.000) Short (17,467.65) (30,567.72) 13,100.07 (2,550.12) EFTA01539922 14.60% Account Page 4 of 8 Consolidated Statement Page 35 EFTA01539923 FINANCIAL TRUST COMPANY INC Cash & Fixed Income Summary Beginning Asset Categories Cash Market Value 324,428.02 ACCT. For the Period 7/1/12 to 7/31/12 Ending Market Value 324,404.70 Change In Value (23.32) Current Allocation 100% Current Market Value/Cost Market Value Tax Cost SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1 Period Value 324,404.70 324,404.70 SUMMARY BY TYPE Market Value 324,404.70 % 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 324,404.70 % of Bond Portfolio 100% Account Page 5 of 8 Consolidated Statement Page 36 EFTA01539924 EFTA01539925 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Cash & Fixed Income Detail Quantity Price Cash US DOLLAR US DOLLAR Total Cash 1.00 1.00 307,106.34 Margin 17,298.36 Short 307,106.34 17,298.36 $324,404.70 307,106.34 17,298.36 $324,404.70 $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 8 Consolidated Statement Page 37 EFTA01539926 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 Portfolio Activity Summary Beginning Cash Balance Transactions Income INFLOWS Total Inflows OUTFLOWS ** Total Outflows Short Fees Charged TRADE ACTIVITY Total Trade Activity Current Period Value 324,428.02 $0.00 (23.32) ($23.32) Settled Sales/Maturities/Redemptions $0.00 Ending Cash Balance $324,404.70 * 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 7/2 7/2 7/9 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 SUB-ACCOUNT: MGN Account Page 7 of 8 Quantity Cost Per Unit Amount Amount (898.56) 898.56 1,431.27 Consolidated Statement Page 38 Year-To-Date Value* -(1,004.96) ($1,004.96) EFTA01539927 (172.34) ($172.34) (5.94) ($5.94) EFTA01539928 FINANCIAL TRUST COMPANY INC ACCT. For the Period 7/1/12 to 7/31/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 7/9 7/23 7/23 7/23 Description 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 Misc Debit SHORT DEBIT FEE 06/21-07/20 SUB-ACCOUNT: MGN Total Inflows & Outflows Quantity Cost Per Unit Amount Amount (1,431.27) (1,431.27) 1,431.27 (23.32) ($23.32) Account Page 8 of 8 Consolidated Statement Page 39 EFTA01539929 For the Period 7/1/12 to 7/31/12 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. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day of the statement period or the last available price. All values provided for structured yield deposits (for example, JPMorgan London Time Deposits) reflect the original deposit amount only. The value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. 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