EFTA01501932.pdf

For the Period II/1/11 to 11/30/11 Consolidated Summary INVESTMENT ACCOUNTS Beginning Ending Change Estimated Current Asset Allocation Asset Allocation Market Value Market Value In Value Annual Income Allocation Equdy 6,290,430.00 6,196,110.00 (14,320.00) 237,000.00 33% Cash & Fbced Income 12,913,954.81 12,621,175.90 (292,778.91) 944,056.16 67% Market Value $19,204,384.81 $18,817,286.90 ($387,098.91) 01,181,066.16 100% cash Accruals 230,108.83 134.458.45 (95.650.38) Fixed Income Market Value with Accruals $19,434,493.64 518,951,744.35 ($482,749.29) Current Year-to-Date Portfolio Activity Period Value Value Beginning Market Value 19,204,384.81 0.00 Net ContributionsWthdrawals 20,000,000.00 Income & Distributions 193.711 63 518,840.63 Change in Investment Value (580.810 54) (1,701,554.73) Ending Market Value $18,817.286.90 $18,817.286.90 Accruals 134,458.45 134,458.45 Market Value with Accruals 318,951,744.35 $18,951,744.35 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 J.P.Morgan Confidential Treatment Requested by JPMorgan JPM-SDNY-00026354 Chase CONFIDENTIAL SDNY_GM_00295552 EFTA01501932