EFTA01503347.pdf

October 30,2004 - ZORRO TRUST Novemba 30,2004 Primary Account Number JPMorgan Private Bank Page 3 of 3 Important Information about Your Statement Personal accounts are subject to the Deposit Accounts Agreement or the General Tams For Accounts and Services. Business amounts are subject to the Terms and Conditions for Commercial Accounts or the General Terms For Accounts and Services. Your accounts, unless otherwise indicated on the statement. are held by JPMorgan Chase Bank. NA. (the "Bank") Deposit accounts held at the Bank, including checking. swings, CD, and money market accounts, arc FDIC insured. In Case of Errors or Questions About Your Electronic Fonds Transfers (personal accounts only! Telephone or ante to the Bank if you think your statement or receipt is wrong. or It you need more mionnation about an electronic transaction on a statement or receipt The phone number for inquiries is printed on the front of this statement. The address for inquiria appears below. We must hear from you no later than 60 days after we sent you the tittsT statement on winch the error or problem appeared. • Tell us sour name and account mantra. Plats: direct all inquiries to your Mogan Accotmt Office at •Ikiscribe the mar or the moister sou arc IMSIIM ghoul, JPMorgan Private Bank Client Service and explain as clearly as 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 aniount of the suspected error. We will investigate your complaint and will coned any error promptly If we take more than 10 business days to do this (20 business days for transactions outside the U.S. and point-of-sale transactions), we will recredit your account for the amount you think is in emir so that you will have use of the money during the tune it takes us to complete our investigation In Case of Erron or Questions About Non Electronic Transfers Please examine your account at once if you feel an error has taken place or have questions concerning a non-electronic transaction. telephone or visite us within 10 days. The phone number is printed on the front of this statement The address appears above. If no report is received within this period. your account will be considered correct. Mutual Flinds/Securitim Securities (including Mutual Funds) and annuities are not bank deposits and are not FDIC insured nor are they obligations of or guaranteed by JPMorgan Chase Bank, N.A. or its affiliates or any federal or state gm ernment or gosemment agents or government sponsored agency. Securities (including mutual funds) and annuities invoke instilment risks, Including the possible loss of the principal amount Invested. The distributor of the lialorgan Funds is J.P. Morgan Funds Distributor. Inc. which is not alliliated with the Bank. the Bank and its affiliates receive compensation from the Pk/foram Funds for providing services to the funds. Raid the ;Morgan Funds prospixtuses carefully for details including fees and arsine:, before investing or tending money. JPMorgan Select Shams of the Connecticut Daily Tax Free Income Fund. Inc. and Whiorgan Select Shams of the New Jersey Daily Municipal Income Fund, Inc. arc not part of, or affiliated with. the Jilviorgan Family of Mutual Funds. Reich & Tang Distributors Inc. and Reich & Tang Arne Managemett L.P.. which are unaffiliated with JPMorgan. an: the funk distributors and investment advisor. respectively. Reich & Tang Disnitstiors Inc is a member NASD. IRA Accounts Accounts vitae 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 bear any portion of investment administiative.curtodian or other charges paid to the Bank or its affiliates for sauces to the applicable JPMorgan Funds since these charges arc subject to rebate as defined blow. For accounts where the Bank serves as trustee, or discretionary investment manager for an ERISA plan or an IRA. which hold shares in the JPMorgan Funds other than Fiduciary Shares, the Bank receives fees for services from the JPMorgan Funds but waives account fees with respect to the funds so held Fiduciary Shares are shares in the Select Shams class of 'Morgan Tax Aware Large Cap Value Fund, JPMorgan US Equity Fund, 'Morgan Tax Aware US Equity Fund, JPMorgan Tax Aware Large Cap Growth Fund, 111Morgam Mid Cap FAO. Fund. JPMorganTrost Small Cap Equity Fund, ;Morgan Fleming International Equity Fund. JI'Morgrai Short Tenn Bond Fund II, JI'Morgim Bond Fund II, 'Mown Tax Aware Enhanced Income Fund, JPMorgan 'fax Aware Short-Intermediate Income Fund. JI'Morgan Intermediate Tax-Free Income Fund. .111Morgan Tax-Free Income Fund. JPMorgan California Bond Fund. JPMorgan NY Intermediate Tax Free Income Fund and JPMorgan Ni Tax Free Income Fund held in the Bank's mist accounts or in the Bank's investment management accounts for ERISA plans or IRAs. 'Rebate mans an amount returned by the Bank to the account which holds the Fiducimy Shares. The rebate amount represents the portion of servicing fees paid to the Bank by the mutual fund with raped to Fiduciary Shams. Confidential Treatment Requested by JPM-SDNY-00027955 JPMorgan Chase CONFIDENTIAL SDNY_GM_00297153 EFTA01503347