EFTA Document EFTA01540036

HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 10F NEW YORK NY 10065-6216 EFTA01540036 EFTA01540037 For the Period 9/1/12 to 9/30/12 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value W23560001, 242006862 Beginning Net Market Value 75,461,078.51 305,051.26 $75,766,129.77 Ending Net Market Value 68,457,831.65 303,917.19 $68,761,748.84 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 JPMS. 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 (7,003,246.86) (1,134.07) ($7,004,380.93) Start on Page 5 41 Client News J.P. Morgan Securities LLC's (JPMS LLC) and J.P. Morgan Clearing Corp.'s (JPMCC) Net Capital EFTA01540038 and Net Capital Requirements At June 30, 2012, JPMS LLC's net capital of $11.8 billion exceeded the minimum regulatory net capital requirement of $1.4 billion by $10.3 billion. JPMCC's net capital of $7.3 billion was approximately 7.5% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $2.0 billion by $5.3 billion. Complete copies of JPMS LLC's and JPMCC's individual unaudited Statement of Financial Condition may be obtained, at no cost, by accessing the following JPMorgan Chase & Co website address: http://investor.shareholder.com/jpmorganchase/financialcondition.cfm Additionally, you may call the following toll-free phone number to request a hard copy of the statement: 1-866-576-1300. 0000000022.15.0.15.00001.BELLE18.20121010 Consolidated Statement Page 1 EFTA01540039 For the Period 9/1/12 to 9/30/12 Client News Please note that a change will be made to how interest is calculated on uninvested cash balances and new cash deposits in your Asset Account if they are transferred automatically to the Deposit Sweep that is described in the Asset Account Agreement. Effective on or about November 16th, the Deposit Sweep interest calculation will be based on the daily balance method, as described below. The Combined Terms and Conditions have been modified to reflect this change. Unless otherwise indicated below, all other terms and conditions of the various account agreements still apply. Please contact your J.P. Morgan team if you have questions about this change. The Second Paragraph of Section 1 of the Asset Account Agreement shall be replaced as follows: Interest will be compounded, calculated daily using the daily balance method, and credited to your Account on the first day of the month. The daily balance method applies the daily periodic rate to the principal in the account each day. Interest will begin to accrue on the first business day that funds are swept into the Account. Interest is computed on a 365-day basis. We pay interest only in whole cents. Therefore, at the end of each interest payment period, any fractional amount of interest less then half of one cent will be rounded down and any fractional amount of interest equal to half of one cent or more will be rounded up to the next whole cent. Consolidated Statement Page 2 EFTA01540040 For the Period 9/1/12 to 9/30/12 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 25,259,818.62 1,327,185.82 48,370,563.98 $74,957,568.42 808,561.35 $75,766,129.77 Ending Market Value 21,544,728.05 760,960.62 45,684,959.85 $67,990,648.52 771,100.32 $68,761,748.84 Change In Value (3,715,090.57) (566,225.20) (2,685,604.13) ($6,966,919.90) (37,461.03) ($7,004,380.93) Estimated 1,245,851.63 Current Annual Income Allocation 32% 1% 1,990,739.06 $3,236,590.69 67% 100% Equity Alternative Assets Cash & Fixed Income Asset Allocation Current EFTA01540041 Portfolio Activity Beginning Market Value Net Contributions/Withdrawals Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 74,957,568.42 (10,000,025.99) 341,428.65 2,691,677.44 $67,990,648.52 771,100.32 $68,761,748.84 Year-to-Date Value 69,562,571.76 (10,007,419.40) 2,284,812.90 6,150,683.26 $67,990,648.52 771,100.32 $68,761,748.84 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 3 EFTA01540042 For the Period 9/1/12 to 9/30/12 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 W23560001 24200686 Account Number W23560001 24200686 Beginning Market Value 69,262,768.82 299,802.94 $69,562,571.76 Taxable Income 2,285,817.86 (1,004.96) $2,284,812.90 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Net Contributions/ Withdrawals (10,007,197.47) (221.93) ($10,007,419.40 ) Tax-Exempt Income Other Income & Receipts Income & Distributions 2,285,817.86 (1,004.96) $2,284,812.90 Change in Investment Value 6,145,342.12 5,341.14 $6,150,683.26 Realized Gain/Loss EFTA01540043 Short-term 70,159.40 $70,159.40 Long-term 2,408,614.74 (5.94) $2,408,608.80 Ending Market Value with Accruals 68,457,831.65 303,917.19 $68,761,748.84 Unrealized Gain/Loss, 1,319,286.42 10,129.80 $1,329,416.22 CONTINUED Consolidated Statement Page 4 EFTA01540044 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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). 212/464-0701 212/622-2770 800/634-1318 Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 9 12 20 Account W23560001 Page 1 of 36 Consolidated Statement Page 5 EFTA01540045 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 25,279,148.46 1,327,185.82 48,046,182.88 $74,652,517.16 808,561.35 $75,461,078.51 Ending Market Value 21,565,165.97 760,960.62 45,360,604.74 $67,686,731.33 771,100.32 $68,457,831.65 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 ($10,000,000.00 ) 341,428.65 2,692,785.52 $67,686,731.33 771,100.32 $68,457,831.65 (10,000,000.00) Period Value 74,652,517.16 Change In Value (3,713,982.49) (566,225.20) EFTA01540046 (2,685,578.14) ($6,965,785.83) (37,461.03) ($7,003,246.86) Equity Year-to-Date Value 69,262,768.82 1,051,933.65 (10,031,218.35) (1,027,912.77) ($10,007,197.47 ) 2,285,817.86 6,145,342.12 $67,686,731.33 771,100.32 $68,457,831.65 Estimated 1,248,401.75 Current Annual Income Allocation 33% 1% 1,990,739.06 $3,239,140.81 66% 100% Alternative Assets Cash & Fixed Income Asset Allocation Account W23560001 Page 2 of 36 Consolidated Statement Page 6 EFTA01540047 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 42,156.25 19,931.62 21,405.30 174,646.80 86,673.11 (3,384.43) $341,428.65 Year-to-Date Value 539,731.25 59,794.86 278,791.53 1,420,569.42 114,622.91 (127,692.11) $2,285,817.86 Unrealized Gain/Loss ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 692,627.09 208,275.23 $900,902.32 Year-to-Date Value 70,159.40 2,408,614.74 $2,478,774.14 To-Date Value $1,319,286.42 Cost Summary Equity Cash & Fixed Income Total 45,848,846.65 EFTA01540048 Cost 19,716,809.47 $65,565,656.12 Account W23560001 Page 3 of 36 Consolidated Statement Page 7 EFTA01540049 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 Accrued Dividends Yield Beginning Market Value 9,162,450.65 722,000.00 6,945,022.50 8,449,675.31 $25,279,148.46 Ending Market Value 1,091,957.30 658,500.00 5,230,660.00 14,584,048.67 $21,565,165.97 Current Period Value 21,565,165.97 19,716,809.47 (9,612.17) 1,248,401.75 269,026.00 5.75% Equity as a percentage of your portfolio - 33 % Preferred Stocks Change In Value (8,070,493.35) (63,500.00) (1,714,362.50) 6,134,373.36 ($3,713,982.49 ) Current Allocation 2% 1% EFTA01540050 8% 22% 33% US Large Cap Equity US Small/Mid Cap Equity Concentrated & Other Equity Asset Categories Account W23560001 Page 4 of 36 Consolidated Statement Page 8 EFTA01540051 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 FACEBOOK INC-A 04033A-10-0 ARIA 149.21 09062X-10-3 BIIB 21.66 30303M-10-2 FB Total US Large Cap Equity $1,091,957.30 $1,166,930.47 ($74,973.17) $0.00 0.00% 17,500.000 379,050.00 665,000.00 (285,950.00) 2,095.000 312,594.95 250,454.95 62,140.00 24.21 16,535.000 400,312.35 251,475.52 148,836.83 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield US Small Cap Equity P PENNANTPARK INVESTMENT CORP EFTA01540052 708062-10-4 PNNT US Small/Mid Cap Equity P CASELLA WASTE SYSTEMS INC CL A 147448-10-4 CWST 10.61 0.00 10.56% 4.27 0.00 Account W23560001 Page 5 of 36 Consolidated Statement Page 9 EFTA01540053 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price US Small/Mid Cap Equity DEUTSCHE BK AG LDN BRH DBL LONG ETN38 25154H-55-8 DAG P QUALYS INC 74758T-30-3 QLYS Total US Small/Mid Cap Equity $658,500.00 $352,529.00 $305,971.00 $0.00 0.00% 12.00 0.00 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 13.17 50,000.000 658,500.00 352,529.00 305,971.00 Emerging Market Equity P GRUPO FIN SANTANDER-ADR B 12.18 40053C-10-5 BSMX Preferred Stocks BARCLAYS BANK PLC PFD SHS SER 5 8 1/8% 06739H-36-2 BCS PDAA /P-2 P CBL & ASSOCIATES PROP PFD 6 5/8% 124830-80-3 CBLA 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 Account W23560001 Page 6 of 36 Consolidated Statement Page 10 EFTA01540054 27.85 25.11 30,000.000 80,000.000 835,500.00 2,008,800.00 750,000.00 1,882,773.60 85,500.00 126,026.40 59,070.00 162,480.00 7.07% 8.09% 25.00 15,000.000 375,000.00 375,000.00 24,750.00 6.60% 0.00 25.92 39,250.000 1,017,360.00 1,002,565.50 14,794.50 79,716.75 7.84% EFTA01540055 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Preferred Stocks PNC FINANCIAL SERVICES PFD 5 3/8% 693475-83-2 PNC PQ Total Preferred Stocks 24.85 40,000.000 994,000.00 $5,230,660.00 1,000,000.00 $5,010,339.10 (6,000.00) $220,320.90 53,760.00 $379,776.75 5.41% 7.26% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Concentrated & Other Equity BANK OF AMERICA CORP 109.85 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /B1 GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 369622-SN-6 AA- /BAA 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 /BA1 113.03 5,000,000.000 5,651,500.00 5,404,861.12 246,638.88 EFTA01540056 395,000.00 165,680.00 6.92% 37.28 71,000.000 2,646,880.00 3,585,969.22 (939,089.22) 168,625.00 6.37% 111.53 2,000,000.000 2,230,620.00 2,115,000.00 115,620.00 142,500.00 41,958.00 6.32% 2,000,000.000 2,197,080.00 2,081,180.56 115,899.44 162,500.00 61,388.00 7.35% Account W23560001 Page 7 of 36 Consolidated Statement Page 11 EFTA01540057 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Concentrated & Other Equity 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 $14,584,048.67 $13,187,010.90 ($460,930.90) $868,625.00 $269,026.00 5.91% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 209.70 8,860.000 1,857,968.67 N/A ** N/A Account W23560001 Page 8 of 36 Consolidated Statement Page 12 EFTA01540058 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Note: Estimated Value 1,327,185.82 P indicates position adjusted for Pending Trade Activity. Alternative Assets Detail Quantity/Original Commitment Amount Real Estate & Infrastructure P WESTERN ASSET MORTGAGE CAPIT 95790D-10-5 WMC Amounts shown above under "Estimated Value" for private equity funds are estimates based on the latest fund values received from each underlying fund, which value may be as of a date (underlying fund value date) prior to the period covered by this statement. The values provided by the underlying fund have been adjusted for any cash flows between your account and such fund that have occurred subsequent to the underlying fund value date to derive the "Estimated Value". Therefore, such "Estimated Value" may not reflect the value of your interest shown on any fund's actual books and records as of the date of this statement. For additional information, please contact your J.P. Morgan representative. For private equity funds, Estimated Values are based on estimates provided by the underlying funds that are generally presented on a US GAAP basis, which records investments at fair value, or "marked-to-market". Most of these underlying funds also present their audited financial statements on a US GAAP basis (i.e., "marked-to- market"). However, some of these underlying funds present their audited financial statements using the Income Tax Basis of Accounting, which records investments "at cost" based on the accrual basis of accounting for Federal income taxes. Where the underlying fund provides periodic estimates on a "marked-to-market" basis but reflects investments "at cost" in its audited financial statements, the marked-to-market Estimated Value shown herein for a private equity fund may be materially different from the value reflected on such fund's audited financial statements (which are also based on the audited financial statements of the underlying fund). Cost/Net Capital Called Since Inception Net Distributions Since Inception Estimated Value Est. Annual Inc. EFTA01540059 Accrued Div. Yield Ending Estimated Value 760,960.62 Change In Value (566,225.20) Current Allocation 1% 0.00 15.32% Account W23560001 Page 9 of 36 Consolidated Statement Page 13 EFTA01540060 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Hard Assets 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 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 96.50 EXPIRING 11/12/2012 125,000 BARRELS OTCBDP-JQ-R 624.41 (125.000) (78,050.66) (1,087,500.00) 4,378.08 100.000 437,808.10 327,000.00 2,844.67 100.000 284,466.53 233,000.00 1,634.73 100.000 163,473.30 184,000.00 Quantity EFTA01540061 Estimated Value Cost 606.10 125.000 75,762.37 75,000.00 Account W23560001 Page 10 of 36 Consolidated Statement Page 14 EFTA01540062 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Hard Assets BRT PUT OPTION USD CALL OPTION STRIKE 80.00 EXPIRING 11/12/2012 100,000 BARRELS OTCBDP-JQ-U 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 $760,960.62 ($1,012,500.00) 848.23 (100.000) (84,822.52) (327,000.00) 313.00 (100.000) (31,300.00) (233,000.00) Quantity Estimated Value Cost 63.77 (100.000) (6,376.50) (184,000.00) Account W23560001 Page 11 of 36 Consolidated Statement Page 15 EFTA01540063 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 14,042,698.92 1,055,527.48 29,347,187.94 1,113,416.80 2,505,184.62 (17,832.88) $48,046,182.88 Ending Market Value 16,893,523.10 1,077,299.58 23,552,888.77 1,314,678.30 2,619,873.45 (97,658.46) $45,360,604.74 Current Period Value 45,360,604.74 45,848,846.65 (444,562.03) 1,990,739.06 502,074.32 5.32% Cash Change In Value 2,850,824.18 21,772.10 (5,794,299.17) 201,261.50 EFTA01540064 114,688.83 (79,825.58) ($2,685,578.14 ) Current Allocation 25% 2% 33% 2% 4% 66% Non-US Fixed Income Non-USD Cash Complementary Structured Strategies US Fixed Income Asset Categories Cash & Fixed Income as a percentage of your portfolio 66 % Account W23560001 Page 12 of 36 Consolidated Statement Page 16 EFTA01540065 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 22,143,103.55 6,845,913.58 2,803,535.00 13,665,711.07 $45,458,263.20 % of Bond Portfolio 53% 14% 5% 28% 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 16,893,523.10 1,077,299.58 8,618,965.00 4,067,513.30 9,084,452.77 2,619,873.45 3,096,636.00 $45,458,263.20 % of Bond Portfolio 42% EFTA01540066 2% 18% 8% 19% 5% 6% 100% Account W23560001 Page 13 of 36 Consolidated Statement Page 17 EFTA01540067 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY Value in Currency SWISS FRANC EURO CURRENCY MEXICAN NEW PESO US DOLLAR 11,990,000.00 (10,042,000.00) 12,900,000.00 (940,512.23) Note: P indicates position adjusted for Pending Trade Activity. 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. 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. Cash & Fixed Income Detail Price Cash US DOLLAR COST OF PENDING PURCHASES 1.00 1.00 18,726,295.57 (2,039,266.24 ) 18,726,295.57 (2,039,266.24) 18,726,295.57 (2,039,266.24) 1,872.62 108.52 0.01% 1 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield EFTA01540068 Account W23560001 Page 14 of 36 Consolidated Statement Page 18 EFTA01540069 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Cash PROCEEDS FROM PENDING SALES Total Cash 1.00 206,493.77 206,493.77 $16,893,523.10 206,493.77 $16,893,523.10 $0.00 $1,872.62 $108.52 Non-USD Cash CANADIAN DOLLAR EURO PRINCIPAL CURRENCY Total Non-USD Cash 0.01% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 1.02 1.29 0.01 0.01 837,388.58 1,077,299.57 $1,077,299.58 0.01 1,099,726.08 $1,099,726.09 (22,426.51) ($22,426.51) $0.00 0.00% US Fixed Income ALLY FINANCIAL INC 24.46 8 1/2% PFD 02005N-30-8 NA /CAA ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 EFTA01540070 780097-AP-6 BB+ /BA3 HCA INC 6 1/2% FEB 15 2016 DTD 2/8/2006 404119-AR-0 B- /B3 AMERICAN AXLE & MFG INC 7 7/8% MAR 1 2017 DTD 2/27/2007 02406P-AF-7 B /B2 Account W23560001 Page 15 of 36 Consolidated Statement Page 19 104.38 2,500,000.00 2,609,375.00 2,615,625.00 (6,250.00) 196,875.00 16,405.00 6.71% 103.48 1,000,000.00 1,034,810.00 966,000.00 68,810.00 50,500.00 11,643.00 110.50 1,500,000.00 1,657,500.00 1,530,000.00 127,500.00 97,500.00 12,457.50 3.44% 126,600.00 3,096,636.00 2,782,242.51 314,393.49 268,392.00 8.67% 3.19% EFTA01540071 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price US Fixed Income 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 MASTR ALTERNATIVE LOANS TRUST 2003-4 CL B3 5.812343% 06/25/2033 DTD 05/01/2003 576434-EY-6 CCC / COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% 08/25/2033 DTD 06/01/2003 12669E-RR-9 BEAR STEARNS ASSET BACKED SECURITIES 2004-AC6 CL M1 VAR RT 11/25/2034 DTD 10/29/2004 073879-LR-7 B- /CA P WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 949779-AD-4 CCC /NR CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 172973-P9-4 NA /NR 73.95 1,979,579.77 1,463,800.26 1,643,051.21 (179,250.95) 107,301.14 8,941.76 7.71% 63.01 4,106,739.90 2,587,492.54 2,987,653.28 (400,160.74) 111,474.25 6,646.63 14.94% 74.66 47.08 EFTA01540072 1,577,319.43 2,174,631.47 1,177,658.23 1,023,859.99 1,214,535.96 1,022,076.80 (36,877.73) 1,783.19 84,178.38 7,014.33 19,278.10 69.58 11.18% 9.69% 77.01 1,666,948.45 1,283,700.33 1,016,838.56 266,861.77 96,888.04 8,073.03 11.35% 114.54 1,500,000.00 1,718,025.00 1,627,500.00 90,525.00 148,125.00 117,265.50 7.61% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 108.55 1,000,000.00 1,085,510.00 1,001,500.00 84,010.00 76,250.00 16,097.00 5.73% Account W23560001 Page 16 of 36 Consolidated Statement Page 20 EFTA01540073 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price US Fixed Income MORTGAGEIT TRUST 2005-2 CL 1M1 VAR RT 05/25/2035 DTD 04/27/2005 61915R-AD-8 BBB /NR BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 05952H-BY-4 CCC /C SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income 108.89 3,000,000.00 3,266,580.00 2,999,982.50 266,597.50 187,500.00 31,248.00 $23,552,888.77 $23,998,847.46 ($445,958.69) $1,578,921.22 $246,152.07 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 5.67% 20.52 55.89 2,064,361.92 2,011,909.32 423,565.78 1,124,375.64 1,445,053.34 1,146,788.30 (1,021,487.56) (22,412.66) 13,944.76 231.20 120,714.55 10,059.54 29.19% EFTA01540074 7.05% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 8.45% 3.19 10,000,000.00 318,678.30 318,000.00 678.30 79,292.72 62,991.73 25.50% Account W23560001 Page 17 of 36 Consolidated Statement Page 21 EFTA01540075 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 $1,314,678.30 $1,356,750.00 ($42,071.70) $316,945.22 $251,939.23 Complementary Structured Strategies JPY CALL CAD PUT FX EUROPEAN STYLE OPTION OCT 08, 2013 @ 76.9 AT EXP KI @ 69.65 XJPYCA-SJ-Z CAD JPY PUT CAD CALL FX EUROPEAN STYLE OPTION OCT 08, 2013 @ 80.9 XJPYPB-AZ-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 JP MORGAN CHASE BANK NA 6.200% 04/16/2015 DTD 04/16/2012 4662A0-4Q-1 99.35 1,500,000.00 1,490,250.00 1,500,000.00 (9,750.00) 93,000.00 3,874.50 6.48% 109.73 1,000,000.00 1,097,300.00 1,000,000.00 97,300.00 0.04 809,000,000.00 291,696.13 347,756.17 EFTA01540076 (56,060.04) 24.90% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 13.28 7,500,000.00 996,000.00 1,038,750.00 (42,750.00) 237,652.50 188,947.50 24.71% 0.04 (769,000,000.00 ) (313,351.26) (347,756.17) 34,404.91 Account W23560001 Page 18 of 36 Consolidated Statement Page 22 EFTA01540077 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Price Complementary Structured Strategies INTEREST RATE SWAP 40,000,000 EUR NOTIONAL 09/12/2016 PAY: FLOATING RATE EUR 6 MONTH EURIBOR DEAL 3000244528 1.340% REC FIXED, ANN 30/360 N/O Client SWPBDR-KV-6 EUR Total Complementary Structured Strategies $2,619,873.45 $2,500,000.00 $65,894.87 $93,000.00 $3,874.50 3.69% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 1.29 1.00 53,978.58 N/A ** N/A Market Value Receivable Trade Date Foreign Exchange Contracts EURO CURRENCY MEXICAN NEW PESO SWISS FRANC US DOLLAR US DOLLAR EURO CURRENCY Total Foreign Exchange Contracts Sep. 28 12 Oct. 2 12 Sep. 20 12 Oct. 24 12 Aug. 1 12 Nov. 5 12 EUR USD EFTA01540078 MXN USD CHF EUR (42,000.00) 54,255.60 12,900,000.00 (994,767.83) 11,990,000.00 (10,000,000.00) 1.291800 12.967850 1.199000 0.774114 12.892440 1.208719 54,255.60 54,255.60 1,000,586.38 994,767.83 12,766,252.58 12,869,729.59 $13,821,094.56 $13,918,753.02 5,818.55 (103,477.01) ($97,658.46) Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Account W23560001 Page 19 of 36 Consolidated Statement Page 23 EFTA01540079 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 24,008,459.45 (9,579,618.34) $14,428,841.11 $18,726,295.57 * 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 90,219,414.63 (86,012,068.21) $4,207,346.42 -997,760.84 $1,231,111.08 (10,000,000.00) (976,355.54) ($10,976,355.54) Period Value 14,042,698.92 233,350.24 Year-To-Date Value* -1,892,403.42 1,051,933.65 26,804,915.39 $29,749,252.46 (10,031,218.35) (26,387,774.75) ($36,418,993.10) Current Securities EFTA01540080 Transferred In/Out Securities Transferred Out Period Value Year-To-Date Value* (1,027,912.77) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date Value* 13,020.83 $13,020.83 Account W23560001 Page 20 of 36 Consolidated Statement Page 24 EFTA01540081 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 9/4 9/4 9/4 9/5 9/5 9/10 9/12 9/14 Corporate Interest Interest Income Div Domest Corporate Interest Corporate Interest Accrued Int Recd Description AMERICAN AXLE & MFG INC 7 7/8% MAR 1 2017 DTD 2/27/2007 (ID: 02406P-AF-7) DEPOSIT SWEEP INTEREST FOR AUG. @ 01% RATE ON NET AVG COLLECTED BALANCE OF $12,578,517.80 AS OF 09/01/12 GENERAL MOTORS CO CV PFD B @ 0.59375 PER SHARE (ID: 37045V-20-9) CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 (ID: 125581-GA-0) CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 (ID: 125581-FZ-6) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 (ID: 05950M-AF-7) Misc Disbursement TRANSFERRED BY WIRE TO MORT INC. AS REQUESTED MORTGAGEIT TRUST 2005-2 CL 1M1 VAR RT Accrued Int Paid 05/25/2035 DTD 04/27/2005 @ 70.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/11/12 FACE VALUE 8,126,960.00 (ID: 61915R-AD-8) 9/17 9/18 Foreign Dividend Corporate Interest BARCLAYS BANK PLC PFD SHS SER 5 8 1/8% @ 0.507812 PER SHARE (ID: 06739H-36-2) CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 AS OF 09/17/12 (ID: 125581-FZ-6) 39,250.000 5,000,000.000 EFTA01540082 0.508 0.002 19,931.62 8,083.74 2,080,191.716 0.00 (10,000,000.00) (741.62) 71,000.000 959,777.220 4,010,282.830 2,378,735.400 0.594 0.017 0.003 42,156.25 15,862.98 14,032.45 717.39 Quantity Cost 2,500,000.000 Per Unit Amount 0.039 Amount 98,437.50 106.54 Account W23560001 Page 21 of 36 Consolidated Statement Page 25 EFTA01540083 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 9/18 Accrued Int Paid Description ENTRY REVERSED ON 09/24/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/13/12 FACE VALUE 3,275,000.00 (ID: 949779-AD-4) 9/21 9/21 9/24 FX Fwd Contract Spot FX Accrued Int Paid SETTLE FORWARD CURRENCY CONTRACT BUY MXN SELL USD CONTRACT RATE : 13.212400000 TRADE 8/17/12 VALUE 9/21/12 (ID: OMXNPR-AA-7) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 12.928950000 DEAL 09/20/12 VALUE 09/21/12 (ID: OMXNPR-AA-7) TO REVERSE ENTRY OF 09/18/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/13/12 FACE VALUE 3,275,000.00 AS OF 09/18/12 (ID: 949779-AD-4) 9/24 Accrued Int Paid ENTRY REVERSED ON 09/27/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/13/12 FACE VALUE 3,265,878.00 (ID: 949779-AD-4) 9/25 9/25 9/25 Corporate Interest Corporate Interest Corporate Interest BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 (ID: 05952H-BY-4) BEAR STEARNS ASSET BACKED SECURITIES 2004-AC6 CL M1 VAR RT 11/25/2034 DTD 10/29/2004 (ID: 073879-LR-7) COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% EFTA01540084 08/25/2033 DTD 06/01/2003 (ID: 12669E-RR-9) 1,598,989.907 0.004 7,128.92 2,186,057.050 0.001 1,704.55 2,019,592.876 0.005 10,097.96 2,053,369.950 0.00 0.001 (2,629.49) (2,059,105.029 ) 0.00 0.001 2,636.83 (12,900,000.000 ) (1,005,546.09) 997,760.84 12,900,000.000 1,005,546.09 (976,355.54) Quantity Cost Per Unit Amount 2,059,105.029 0.00 0.001 Amount (2,636.83) Account W23560001 Page 22 of 36 Consolidated Statement Page 26 EFTA01540085 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 9/25 9/25 9/25 9/27 Corporate Interest Corporate Interest Corporate Interest Accrued Int Paid Description CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 (ID: 172973-P9-4) MASTR ALTERNATIVE LOANS TRUST 2003-4 CL B3 5.812343% 06/25/2033 DTD 05/01/2003 (ID: 576434-EY-6) MORTGAGEIT TRUST 2005-2 CL 1M1 VAR RT 05/25/2035 DTD 04/27/2005 (ID: 61915R-AD-8) TO REVERSE ENTRY OF 09/24/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/13/12 FACE VALUE 3,265,878.00 AS OF 09/24/12 (ID: 949779-AD-4) 9/27 Accrued Int Paid ENTRY REVERSED ON 10/02/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 09/13/12 FACE VALUE 3,265,878.00 (ID: 949779-AD-4) Total Inflows & Outflows ($9,745,244.46) 2,053,369.950 0.00 0.001 (2,642.81) 2,080,191.716 (2,053,369.950 ) 0.00 0.001 0.001 1,170.97 2,629.49 1,694,219.800 0.005 8,208.91 EFTA01540086 Quantity Cost Per Unit Amount 2,011,915.450 0.005 Amount 9,094.89 Account W23560001 Page 23 of 36 Consolidated Statement Page 27 EFTA01540087 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 TRADE ACTIVITY Note: Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 9/5 9/5 9/5 9/5 9/5 9/10 9/5 9/10 9/5 9/10 9/5 9/11 9/6 9/11 9/6 9/11 Redemption Pro Rata Pro Rata Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 ENTIRE ISSUE CALLED @ 100.00 (ID: 125581-GA-0) Principal Payment CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 PAYMENT A/C PRINCIPAL (ID: 125581-FZ-6) DCT INDUSTRIAL TRUST INC @ 6.34 57,060.00 BROKERAGE 360.00 TAX &/OR SEC 1.28 J.P. MORGAN SECURITIES LLC (ID: 233153-10-5) NUSTAR ENERGY LP @ 48.74925 194,997.00 BROKERAGE 160.00 TAX &/OR SEC 4.37 J.P. MORGAN SECURITIES LLC (ID: 67058H-10-2) EFTA01540088 BANC OF AMERICA FUNDING CORPORATION SER 2006-G (2,378,735.400 ) CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 @ 73.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 6,000,000.00 (ID: 05950M-AF-7) TEEKAY LNG PARTNERS LP @ 37.95 75,900.00 BROKERAGE 100.00 TAX &/OR SEC 1.71 J.P. MORGAN SECURITIES LLC (ID: Y8564M-10-5) JPMORGAN CHASE & CO PFD 5.500% @ 24.97059 1,123,676.55 BROKERAGE 1,800.00 TAX &/OR SEC 25.18 J.P. MORGAN SECURITIES LLC (ID: 48126E-75-0) M/I HOMES INC COM @ 18.31916 73,276.64 BROKERAGE 160.00 TAX &/OR SEC 1.65 J.P. MORGAN SECURITIES LLC (ID: 553058-10-1) (4,000.000) 18.279 73,114.99 (70,520.00) 2,594.99 S (45,000.000) 24.93 1,121,851.37 (1,125,000.00) (3,148.63) S (2,000.000) 37.899 75,798.29 (76,860.00) (1,061.71) S 73.00 1,736,476.84 (1,546,178.02) 190,298.82 S (4,000.000) 48.708 194,832.63 (195,760.00) (927.37) S (2,886,675.080 ) (9,000.000) 100.00 6.30 2,886,675.08 56,698.72 (2,727,907.95) (55,800.00) 96,624.91 L 62,142.22 0 898.72 S Quantity (959,777.220) EFTA01540089 L indicates Long Term Realized Gain/Loss 0 indicates Ordinary Income Realized Gain S indicates Short Term Realized Gain/Loss Per Unit Amount 100.00 Proceeds 959,777.22 Tax Cost (885,394.49) Realized Gain/Loss 74,382.73 L Account W23560001 Page 24 of 36 Consolidated Statement Page 28 EFTA01540090 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date 9/7 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale 9/12 9/7 9/12 9/11 9/14 9/11 9/14 9/11 9/14 9/17 9/17 9/12 9/17 9/12 9/18 9/14 9/19 FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Redemption Pro Rata Sale FIFO Sale FIFO Sale FIFO JPMORGAN CHASE & CO PFD 5 500% @ 24.96062 998,424.80 BROKERAGE 1,600.00 TAX &/OR SEC 22.37 J.P. MORGAN SECURITIES LLC (ID: 48126E-75-0) VOCERA COMMUNICATIONS INC @ 29.47309 81,051.00 BROKERAGE 110.00 TAX &/OR SEC 1.82 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) AMERICAN INTERNATIONAL GROUP INC NEW @ 32.94939 EFTA01540091 691,937.19 BROKERAGE 840.00 TAX &/OR SEC 15.50 J.P. MORGAN SECURITIES LLC (ID: 026874-78-4) EL PASO PIPELINE PARTNERS LP @ 34.29 68,580.00 BROKERAGE 100.00 TAX &/OR SEC 1.54 J.P. MORGAN SECURITIES LLC (ID: 283702-10-8) FIFTH STREET FINANCE CORP @ 10.719 75,033.00 BROKERAGE 280.00 TAX &/OR SEC 1.69 J.P. MORGAN SECURITIES LLC (ID: 31678A-10-3) CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 ENTIRE ISSUE CALLED @ 100.00 (ID: 125581-FZ-6) EXACTTARGET INC @ 23.27393 46,547.86 BROKERAGE 100.00 TAX &/OR SEC 1.05 J.P. MORGAN SECURITIES LLC (ID: 30064K-10-5) VANGUARD NATURAL RESOURCES LLC @ 27.44 68,600.00 BROKERAGE 100.00 TAX &/OR SEC 1.54 J.P. MORGAN SECURITIES LLC (ID: 92205F-10-6) CAPITAL ONE FINANCIAL CO PFD 6% @ 24.93331 997,332.40 BROKERAGE 1,600.00 TAX &/OR SEC 22.35 J.P. MORGAN SECURITIES LLC (ID: 14040H-40-2) (40,000.000) 24.893 995,710.05 (1,000,000.00) (4,289.95) S (2,500.000) 27.399 68,498.46 (68,775.00) (276.54) S (1,123,607.750 ) (2,000.000) 100.00 23.223 1,123,607.80 46,446.81 (1,061,809.32) (45,000.00) 37,267.59 L 24,530.89 0 1,446.81 S (7,000.000) 10.679 74,751.31 (75,530.00) (778.69) S (2,000.000) 34.239 68,478.46 (68,680.00) (201.54) S EFTA01540092 (21,000.000) 32.909 691,081.69 (682,500.00) 8,581.69 S (2,750.000) 29.432 80,939.18 (79,062.50) 1,876.68 S Quantity (40,000.000) Per Unit Amount 24.92 Proceeds 996,802.43 Tax Cost (1,000,000.00) Realized Gain/Loss (3,197.57) S Account W23560001 Page 25 of 36 Consolidated Statement Page 29 EFTA01540093 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date 9/14 9/19 9/14 9/20 9/18 9/21 9/19 9/24 9/25 9/25 9/25 9/25 9/25 9/25 9/25 9/25 9/25 9/25 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO Sale FIFO Sale FIFO ANNALY CAPITAL MGMT PFD 7.5% @ 24.89 622,250.00 BROKERAGE 1,000.00 TAX &/OR SEC 13.94 J.P. MORGAN SECURITIES LLC (ID: 035710-80-5) GENESEE & WYOMING INC CL A @ 66.142 132,284.00 BROKERAGE 100.00 TAX &/OR SEC 2.97 J.P. MORGAN SECURITIES LLC (ID: 371559-10-5) ANNALY CAPITAL MGMT PFD 7.5% @ 24.92 672,840.00 BROKERAGE 1,080.00 TAX &/OR SEC 15.08 J.P. MORGAN SECURITIES LLC (ID: 035710-80-5) HEALTH CARE REIT INC @ 57.31118 286,555.90 BROKERAGE 200.00 TAX &/OR SEC 6.42 J.P. MORGAN SECURITIES LLC (ID: 42217K-10-6) 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 BEAR STEARNS ASSET BACKED SECURITIES 2004-AC6 Pro Rata EFTA01540094 CL M1 VAR RT 11/25/2034 DTD 10/29/2004 PAYMENT A/C PRINCIPAL (ID: 073879-LR-7) Principal Payment COUNTRYWIDE HOME LOANS 2003-26 CL 61 5.33684% Pro Rata 08/25/2033 DTD 06/01/2003 PAYMENT A/C PRINCIPAL (ID: 12669E-RR-9) 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) Principal Payment MASTR ALTERNATIVE LOANS TRUST 2003-4 CL B3 Pro Rata (27,271.350) 5.812343% 06/25/2033 DTD 05/01/2003 PAYMENT A/C PRINCIPAL (ID: 576434-EY-6) 100.00 27,271.35 (16,635.52) 10,635.83 S (32,335.680) 100.00 32,335.68 (26,838.61) 5,497.07 S (21,670.480) 100.00 21,670.48 (16,686.27) 4,984.21 S (11,425.580) 100.00 11,425.58 (5,370.02) 6,055.56 S (7,683.560) 100.00 7,683.56 (4,379.63) 3,303.93 S (5,000.000) 57.27 286,349.48 (280,000.00) 6,349.48 S (27,000.000) 24.879 671,744.92 (675,000.00) (3,255.08) S (2,000.000) 66.091 EFTA01540095 132,181.03 (129,500.00) 2,681.03 S Quantity (25,000.000) Per Unit Amount 24.849 Proceeds 621,236.06 Tax Cost (625,000.00) Realized Gain/Loss (3,763.94) S Account W23560001 Page 26 of 36 Consolidated Statement Page 30 EFTA01540096 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 9/25 9/25 9/20 9/25 9/20 9/25 9/24 9/27 9/24 9/27 9/25 9/28 9/25 9/28 9/25 9/28 Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Sale FIFO Principal Payment MORTGAGEIT TRUST 2005-2 CL 1M1 VAR RT Pro Rata Quantity (15,829.800) 05/25/2035 DTD 04/27/2005 PAYMENT A/C PRINCIPAL (ID: 61915R-AD-8) APPROACH RESOURCES INC @ 29.28507 292,850.70 BROKERAGE 400.00 TAX &/OR SEC 6.56 J.P. MORGAN SECURITIES LLC (ID: 03834A-10-3) TRULIA INC @ 23.85125 19,081.00 BROKERAGE 100.00 TAX &/OR SEC .43 J.P. MORGAN SECURITIES LLC (ID: 897888-10-3) GS CONT BUFF EQ SPX 7/9/13 80% CONTIN BARRIER10.5%CPN 15% CAP INITIAL LEVEL-6/20/12 EFTA01540097 SPX:1355.69 @ 105.40 JP MORGAN SECURITIES LLC (BIDL) (ID: 38143U-Z9-5) HSBC MARKET PLUS SPX 05/17/13 72% KO BARRIERO%CPN ,UNCAPPED INITIAL LEVEL-02/14/12 SPX:1350.50 @ 106.30 JP MORGAN SECURITIES LLC (BIDL) (ID: 4042K1-XQ-1) APOLLO RESIDENTIAL MTG INC PFD 8% @ 25.07853 376,177.95 BROKERAGE 600.00 TAX &/OR SEC 8.43 J.P. MORGAN SECURITIES LLC (ID: 03763V-20-1) APOLLO RESIDENTIAL MTG INC PFD 8% @ 25.08 250,800.00 BROKERAGE 400.00 TAX &/OR SEC 5.62 J.P. MORGAN SECURITIES LLC (ID: 03763V-20-1) BANK OF NEW YORK MELLON PFD 5.2% @ 24.76309 1,262,917.59 BROKERAGE 2,040.00 TAX &/OR SEC 28.29 J.P. MORGAN SECURITIES LLC (ID: 064058-20-9) (51,000.000) 24.723 1,260,849.30 (1,275,000.00) (14,150.70) S (10,000.000) 25.039 250,394.38 (250,000.00) 394.38 S (15,000.000) 25.038 375,569.52 (375,000.00) 569.52 S (5,000,000.000 ) 106.30 5,315,000.00 (5,000,000.00) 315,000.00 S (3,000,000.000 ) 105.40 3,162,000.00 (3,000,000.00) 162,000.00 S (800.000) 23.726 18,980.57 (13,600.00) 5,380.57 S (10,000.000) 29.244 292,444.14 (305,000.00) (12,555.86) S EFTA01540098 Per Unit Amount 100.00 Proceeds 15,829.80 Tax Cost (11,080.86) Realized Gain/Loss 4,748.94 S Account W23560001 Page 27 of 36 Consolidated Statement Page 31 EFTA01540099 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date 9/25 9/28 9/25 9/28 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO Sale FIFO ENTERPRISE PRODUCTS PARTNERS L P @ 53.74066 161,221.98 BROKERAGE 120.00 TAX &/OR SEC 3.62 J.P. MORGAN SECURITIES LLC (ID: 293792-10-7) HEALTHCARE REALTY TRUST @ 23.254 93,016.00 BROKERAGE 160.00 TAX &/OR SEC 2.09 J.P. MORGAN SECURITIES LLC (ID: 421946-10-4) Total Settled Sales/Maturities/Redemptions $24,008,459.45 ($23,024,478.19) $208,275.23 L $689,032.92 S $86,673.11 0 (4,000.000) 23.213 92,853.91 (91,400.00) 1,453.91 S Quantity (3,000.000) Per Unit Amount 53.699 Proceeds 161,098.36 Tax Cost (159,210.00) Realized Gain/Loss 1,888.36 S Trade Date Settle Date Type Description Settled Securities Purchased 9/5 Purchase EFTA01540100 9/10 9/5 9/10 9/5 9/10 9/6 9/11 9/7 9/12 9/6 9/13 Purchase Purchase Purchase Purchase Purchase TEEKAY LNG PARTNERS LP @ 38.43 J.P. MORGAN SECURITIES LLC (ID: Y8564M-10-5) DCT INDUSTRIAL TRUST INC @ 6.20 J.P. MORGAN SECURITIES LLC (ID: 233153-10-5) NUSTAR ENERGY LP @ 48.94 J.P. MORGAN SECURITIES LLC (ID: 67058H-10-2) M/I HOMES INC COM @ 17.63 J.P. MORGAN SECURITIES LLC (ID: 553056-10-1) VOCERA COMMUNICATIONS INC @ 28.75 J.P. MORGAN SECURITIES LLC (ID: 92857F-10-7) ANNALY CAPITAL MGMT PFD 7.5% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 035710-80-5) Quantity 2,000.000 9,000.000 4,000.000 4,000.000 2,750.000 52,000.000 Per Unit Amount 38.43 6.20 48.94 17.63 28.75 25.00 Market Cost (76,860.00) (55,800.00) (195,760.00) (70,520.00) (79,062.50) (1,300,000.00) Account W23560001 Page 28 of 36 EFTA01540101 Consolidated Statement Page 32 EFTA01540102 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date Type Settled Securities Purchased 9/11 Purchase 9/14 9/11 9/14 9/11 9/14 9/11 9/14 9/12 9/17 9/12 9/17 9/13 9/18 Purchase Purchase Purchase Purchase Purchase Purchase Description MORTGAGEIT TRUST 2005-2 CL 1M1 VAR RT 05/25/2035 DTD 04/27/2005 @ 70.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 8,126,960.00 (ID: 61915R-AD-8) AMERICAN INTERNATIONAL GROUP INC NEW @ 32.50 J.P. MORGAN SECURITIES LLC (ID: 026874-78-4) EL PASO PIPELINE PARTNERS LP @ 34.34 J.P. MORGAN SECURITIES LLC (ID: 283702-10-8) FIFTH STREET FINANCE CORP @ 10.79 J.P. MORGAN SECURITIES LLC (ID: 31678A-10-3) EXACTTARGET INC @ 22.50 J.P. MORGAN SECURITIES LLC (ID: 30064K-10-5) VANGUARD NATURAL RESOURCES LLC @ 27.51 J.P. MORGAN SECURITIES LLC (ID: 92205F-10-6) ENTRY REVERSED ON 09/24/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL 81 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,275,000.00 (ID: 949779-AD-4) 9/12 9/19 9/14 9/19 EFTA01540103 9/13 9/20 9/14 9/21 Purchase Purchase Purchase Purchase BANK OF NEW YORK MELLON PFD 5.2% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 064058-20-9) GENESEE & WYOMING INC CL A @ 64.75 J.P. MORGAN SECURITIES LLC (ID: 371559-10-5) APOLLO RESIDENTIAL MTG INC PFD 8% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 03763V-20-1) PNC FINANCIAL SERVICES PFD 5 3/8% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 693475-83-2) 51,000.000 2,000.000 25,000.000 40,000.000 25.00 64.75 25.00 25.00 (1,275,000.00) (129,500.00) (625,000.00) (1,000,000.00) 21,000.000 2,000.000 7,000.000 2,000.000 2,500.000 2,059,105.029 32.50 34.34 10.79 22.50 27.51 72.80 (682,500.00) (68,680.00) (75,530.00) (45,000.00) (68,775.00) (1,497,998.91) Quantity 2,080,191.716 Per Unit Amount 70.00 EFTA01540104 Market Cost (1,456,134.20) Account W23560001 Page 29 of 36 Consolidated Statement Page 33 EFTA01540105 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date Type Settled Securities Purchased 9/13 Purchase 9/24 Description TO REVERSE ENTRY OF 09/18/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,275,000.00 AS OF 09/18/12 (ID: 949779-AD-4) 9/13 9/24 Purchase ENTRY REVERSED ON 09/27/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,265,878.00 (ID: 949779-AD-4) 9/19 9/24 9/20 9/25 9/20 9/25 9/13 9/27 Purchase Purchase Purchase Purchase HEALTH CARE REIT INC @ 56.00 J.P. MORGAN SECURITIES LLC (ID: 42217K-10-6) APPROACH RESOURCES INC @ 30.50 J.P. MORGAN SECURITIES LLC (ID: 03834A-10-3) TRULIA INC @ 17.00 J.P. MORGAN SECURITIES LLC (ID: 897888-10-3) TO REVERSE ENTRY OF 09/24/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,265,878.00 AS OF 09/24/12 (ID: 949779-AD-4) 9/13 9/27 Purchase ENTRY REVERSED ON 10/02/2012 WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 EFTA01540106 DEC 25 2034 DTD 12/01/2004 @ 72.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,265,878.00 (ID: 949779-AD-4) 9/25 9/28 9/25 9/28 Purchase Purchase ENTERPRISE PRODUCTS PARTNERS L P @ 53.07 J.P. MORGAN SECURITIES LLC (ID: 293792-10-7) PENNANTPARK INVESTMENT CORP @ 10.82 J.P. MORGAN SECURITIES LLC (ID: 708062-10-4) 3,000.000 3,000.000 53.07 10.82 Account W23560001 Page 30 of 36 (159,210.00) (32,460.00) Consolidated Statement Page 34 2,053,369.950 72.80 (1,493,826.64) 5,000.000 10,000.000 800.000 (2,053,369.950 ) 56.00 30.50 17.00 72.80 (280,000.00) (305,000.00) (13,600.00) 1,493,826.64 2,053,369.950 72.80 (1,493,826.64) Quantity (2,059,105.029 ) Per Unit Amount 72.80 Market Cost 1,497,998.91 EFTA01540107 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Settle Date Type Settled Securities Purchased 9/25 Purchase 9/28 Total Settled Securities Purchased Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 9/25 9/28 9/26 10/1 9/28 10/3 9/28 10/3 9/28 10/3 Total Pending Sales, Maturities, Redemptions $206,493.77 ($202,899.60) $3,594.17 S Sale Sale Sale Sale PENNANTPARK INVESTMENT CORP (ID: 708062-10-4) GRUPO FIN SANTANDER-ADR B (ID: 40053C-10-5) CASELLA WASTE SYSTEMS INC CL A (ID: 147448-10-4) QUALYS INC (ID: 74758T-30-3) WESTERN ASSET MORTGAGE CAPIT (ID: 95790D-10-5) Quantity (3,000.000) (4,000.000) (8,000.000) (1,000.000) (3,500.000) Per Unit Amount 10.77 12.65 4.277 12.05 22.33 EFTA01540108 Description HEALTHCARE REALTY TRUST @ 22.85 J.P. MORGAN SECURITIES LLC (ID: 421946-10-4) Quantity 4,000.000 Per Unit Amount 22.85 Market Cost (91,400.00) ($9,579,618.34) Proceeds 32,189.27 50,438.86 33,902.67 11,949.73 78,013.24 Tax Cost (32,460.00) (48,739.60) (32,000.00) (12,000.00) (77,700.00) Realized Gain/Loss (270.73) S 1,699.26 S 1,902.67 S (50.27) S 313.24 S Account W23560001 Page 31 of 36 Consolidated Statement Page 35 EFTA01540109 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Trade Date Est. Settle Date Type Pending Securities Purchased 9/13 Purchase 9/18 9/26 10/1 9/28 10/3 9/28 10/3 9/28 10/3 9/28 10/5 Purchase Purchase Purchase Purchase Purchase Description WELLS FARGO MORTGAGE BACKED SECURITIES SER 2004-EE CL B1 DEC 25 2034 DTD 12/01/2004 (ID: 949779-AD-4) GRUPO FIN SANTANDER-ADR B (ID: 40053C-10-5) CASELLA WASTE SYSTEMS INC CL A (ID: 147448-10-4) QUALYS INC (ID: 74758T-30-3) WESTERN ASSET MORTGAGE CAPIT (ID: 95790D-10-5) CBL & ASSOCIATES PROP PFD 6 5/8% (ID: 124830-80-3) Total Pending Securities Purchased 4,000.000 8,000.000 1,000.000 3,500.000 15,000.000 12.184 4.00 12.00 22.20 25.00 (48,739.60) (32,000.00) (12,000.00) (77,700.00) (375,000.00) ($2,039,266.24) Quantity EFTA01540110 2,053,369.950 Per Unit Amount 72.75 Market Cost (1,493,826.64) Account W23560001 Page 32 of 36 Consolidated Statement Page 36 EFTA01540111 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Portfolio Activity Summary - Euro US Dollar Value Current Transactions Beginning Cash Balance Ending Cash Balance Portfolio Activity Detail - Euro SECURITIES TRANSFERRED IN/OUT Notes: * Transaction Market Value is representative of the prior trading day's market value. This is for informational purposes only and is not to be used for any financial or tax purposes. The Transaction Market Value shown is in USD. Type Settle Date Selection Method Securities Transferred In 9/10 Receipt of Assets Description INTEREST RATE SWAP 40,000,000 EUR NOTIONAL 09/12/2016 PAY: FLOATING RATE EUR 6 MONTH EURIBOR DEAL 3000244528 1.340% REC FIXED, ANN 30/360 NEW SWAP DEAL # 3000244528 (ID: SWPBDR-KV-6) Quantity Cost 1.000 0.00 Transaction Market Value * Period Value --Year-To-Date Value --Local Value Current Period Value 837,388.58 837,388.58 Year-To-Date Value --Account W23560001 Page 33 of 36 Consolidated Statement Page 37 EFTA01540112 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 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 -1,005,546.09 $1,005,546.09 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 (997,760.84) ($997,760.84) -Year-To-Date Value* -3,941,824.80 $3,941,824.80 (3,897,180.27) ($3,897,180.27) -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* -51,600,000.00 51,600,000.00 (51,600,000.00) (51,600,000.00) -Account W23560001 Page 34 of 36 Consolidated Statement Page 38 EFTA01540113 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Portfolio Activity Detail - Mexican New Peso INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 9/21 9/21 FX Fwd Contract Spot FX Total Inflows & Outflows Description SETTLE FORWARD CURRENCY CONTRACT BUY MXN SELL USD CONTRACT RATE : 13.212400000 TRADE 8/17/12 VALUE 9/21/12 (ID: OMXNPR-AA-7) SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 12.928950000 DEAL 09/20/12 VALUE 09/21/12 (ID: OMXNPR-AA-7) $7,785.25 $21,405.30 997,760.840 (997,760.84) (12,900,000.00) (7,785.25) Quantity (976,355.540) Amount USD Local Value Amount USD Local Value 1,005,546.09 12,900,000.00 Currency Gain/Loss USD 29,190.55 Account W23560001 Page 35 of 36 Consolidated Statement Page 39 EFTA01540114 FINANCIAL TRUST COMPANY INC ACCT. W23560001 For the Period 9/1/12 to 9/30/12 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Speculative MEXICAN NEW PESO U S DOLLAR MEXICAN NEW PESO U S DOLLAR Aug. 17 12 Sep. 21 12 Sep. 20 12 Sep. 21 12 MXN USD 12,900,000.00 (976,355.54) MXN (12,900,000.00) USD 997,760.84 13.212400 12.928950 12.828850 12.828850 (976,355.54) 997,760.84 1,005,546.09 (1,005,546.09) 29,190.55 (7,785.25) Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Account W23560001 Page 36 of 36 Consolidated Statement Page 40 EFTA01540115 J.P. Morgan Securities LLC FINANCIAL TRUST COMPANY INC 383 Madison Avenue, New York, NY 10179 ACCT. 24200686 For the Period 9/1/12 to 9/30/12 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). 212/464-0701 212/622-2770 800/634-1318 Table of Contents Account Summary Holdings Equity Cash & Fixed Income Portfolio Activity Page 2 4 5 7 Account 24200686 Page 1 of 8 Consolidated Statement Page 41 EFTA01540116 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 0.00 301,978.05 $301,978.05 Current Portfolio Activity Beginning Market Value Withdrawals & Fees Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Period Value 305,051.26 (25.99) ($25.99) (1,108.08) $303,917.19 Short Market Value (20,437.92) 22,377.06 $1,939.14 Year-to-Date Value 299,802.94 (221.93) ($221.93) (1,004.96) 5,341.14 $303,917.19 Total (20,437.92) 324,355.11 Estimated Current Market Value Annual Income Allocation (2,550.12) EFTA01540117 $303,917.19 ($2,550.12) 100% 100% ACCT. 24200686 For the Period 9/1/12 to 9/30/12 Account 24200686 Page 2 of 8 Consolidated Statement Page 42 EFTA01540118 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. 24200686 For the Period 9/1/12 to 9/30/12 Unrealized Gain/Loss To-Date Value $10,129.80 Cost Summary Equity Cash & Fixed Income Total 324,355.11 Cost $293,787.39 (30,567.72) Investment Objectives Speculation Permitted Capital Appreciation Yes Yes Account 24200686 Page 3 of 8 Consolidated Statement Page 43 EFTA01540119 FINANCIAL TRUST COMPANY INC Equity Summary Asset Categories Non-US Equity Beginning Market Value (19,329.84) Ending Market Value (20,437.92) Change In Value (1,108.08) Current Allocation ACCT. 24200686 For the Period 9/1/12 to 9/30/12 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 (20,437.92) (30,567.72) 10,129.80 (2,550.12) 13.28 (1,539.000) Short (20,437.92) (30,567.72) 10,129.80 (2,550.12) EFTA01540120 12.48% Account 24200686 Page 4 of 8 Consolidated Statement Page 44 EFTA01540121 FINANCIAL TRUST COMPANY INC Cash & Fixed Income Summary Beginning Asset Categories Cash Market Value 324,381.10 ACCT. 24200686 For the Period 9/1/12 to 9/30/12 Ending Market Value 324,355.11 Change In Value (25.99) Current Allocation 100% Current Market Value/Cost Market Value Tax Cost SUMMARY BY MATURITY 1 Cash & Fixed Income 0-6 months 1 Period Value 324,355.11 324,355.11 SUMMARY BY TYPE Market Value 324,355.11 % 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 324,355.11 % of Bond Portfolio 100% Account 24200686 Page 5 of 8 Consolidated Statement Page 45 EFTA01540122 EFTA01540123 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 9/1/12 to 9/30/12 Cash & Fixed Income Detail Quantity Price Cash US DOLLAR US DOLLAR Total Cash 1.00 1.00 301,978.05 Margin 22,377.06 Short 301,978.05 22,377.06 $324,355.11 301,978.05 22,377.06 $324,355.11 $0.00 $0.00 0.00% Account Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield Account 24200686 Page 6 of 8 Consolidated Statement Page 46 EFTA01540124 FINANCIAL TRUST COMPANY INC ACCT. 24200686 For the Period 9/1/12 to 9/30/12 Portfolio Activity Summary Beginning Cash Balance Transactions INFLOWS Total Inflows Income $0.00 OUTFLOWS ** Total Outflows Short Fees Charged TRADE ACTIVITY Total Trade Activity (25.99) ($25.99) Settled Sales/Maturities/Redemptions $0.00 Ending Cash Balance $324,355.11 * 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 Current Period Value 324,381.10 Year-To-Date Value* -(1,004.96) ($1,004.96) (221.93) ($221.93) (5.94) ($5.94) -Account 24200686 Page 7 of 8 Consolidated Statement Page 47 EFTA01540125 FINANCIAL TRUST COMPANY INC For the Period 9/1/12 to 9/ Portfolio Activity Detail INFLOWS & OUTFLOWS Type Settle Date Selection 9/10 9/10 9/17 9/17 9/21 9/24 9/24 Description Mark to Market Adj MARK TO Mark to Market Adj MARK TO Mark to Market Adj MARK TO Mark to Market Adj MARK TO Misc Debit SHORT DEBIT FEE 08/21-09/20 Mark to Market Adj MARK TO Mark to Market Adj MARK TO Total Inflows & Outflows Quantity Cost Per Unit Amount Amount (2,385.45) 2,385.45 1,231.20 (1,231.20) (25.99) 738.72 (738.72) ($25.99) Account 24200686 Page 8 of Consolidated Statement Page ACCT. 24200686 30/12 Method MARKET MARKET MARKET MARKET SUB-ACCOUNT: MGN SHORT POS SUB-ACCOUNT: SHT SHORT POS SUB-ACCOUNT: SHT SUB-ACCOUNT: MGN SUB-ACCOUNT: MGN MARKET SUB-ACCOUNT: MGN MARKET SHORT POS SUB-ACCOUNT: SHT 8 48 EFTA01540126 For the Period 9/1/12 to 9/30/12 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. 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. Important information regarding Auction Rate Securities (ARS). ARS are debt or preferred securities with an interest or dividend rate reset periodically in an auction. Although there may be daily, weekly and monthly resets, there is no guarantee that there will be liquidity. If there are not enough bids at an auction to redeem the securities available for sale, the result may be a failed auction. 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. Morgan expressly disclaims any responsibility for (1) the accuracy of the models or estimates used in deriving the valuations, (2) any errors or omissions in computing or disseminating the valuations, and (3) any uses to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Please refer to the trade confirmation for details of each transaction. Certain assets, including but not limited to, pooled and private investments, non-publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of such asset may have been provided to us by third EFTA01540127 parties who may or may not be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. In cases where we are unable to obtain a current market value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". Although such securities may have value, please note that the value of a security indicated as "unpriced" will not be included in your overall current market value as reflected on the statement. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents the actual terms at which securities could be bought or sold or new transactions could be entered into, or the actual terms on which existing transactions or securities could be liquidated. Such values may only be indicative. When we are unable to obtain a current value from an internal or outside source for a particular security, the price column on your statement will indicate "unpriced". If a partial call is made with respect to an issue of securities included in your Accounts we will allocate the call by a method we deem fair and equitable. To the extent applicable, please note the following regarding estimated annual income (EAI) and estimated yield (EY): EAI and EY for certain types of securities could include a return of principal or capital gains in which case the EAI and EY would be overstated. EAI and EY are estimates and the actual income and yield might be lower or higher than the estimated amounts. EY reflects only the income generated by an investment. It does not reflect changes in its price, which may fluctuate. Offshore Deposits - London and Nassau Disclosures Page 1 of 4 EFTA01540128 For the Period 9/1/12 to 9/30/12 Deposits in Foreign Branches are not insured by the FDIC or any other Agency of the Federal Government; amounts in such foreign accounts do not have the benefit of any domestic preference applicable to U.S Banks; certain Foreign accounts are considered reportable to the Internal Revenue Service on a Report of Foreign Bank and Financial Accounts (TD F 90-22.1). Bank products and services are offered through JPMorgan Chase Bank, N.A. ("JPMCB") and its banking affiliates. Securities are offered by J.P.Morgan Securities LLC ("JPMS") and, to the extent noted below, cleared through J.P. Morgan Clearing Corp. ("JPMCC"). Neither JPMS, nor JPMCC is a bank and are each separate legal entities from its bank or thrift affiliates. Investment Products: Not FDIC Insured -No Bank Guarantee -May Lose Value Fund manager disclosure information available upon request If you have an investment account that is managed by an SEC-Registered Investment Advisor, J.P. Morgan will provide a copy of the advisor's Form ADV II or brochure upon written request. These statements are not official documents for income tax reporting purposes and should not be relied upon for such purposes, including determination of income, cost basis, amortization or accretion, or gain/loss. Such information, which may be inaccurate, incomplete or subject to updating, should be confirmed with your records and your tax advisor. Please take the steps indicated below if you think statement(s) are incorrect or contact your J.P.Morgan team if you require additional information about a transaction on your statement(s). IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR ASSET ACCOUNT(S) (LINKED TO JPMS) Your Asset Account consists of a bank account that custodies assets linked to a brokerage account through which securities transactions are executed. As a result, the Asset Account statement(s) reflect brokerage transactions executed through JPMS but (except for exchange listed options) held in custody at JPMCB. Securities purchased or sold through JPMS in U.S. markets (other then mutual funds) are cleared through an affiliate of JPMS, in non-U.S. markets securities are cleared through JPMS. Positions in exchange-listed options are held by JPMCC. For your convenience, however, positions in exchange-listed options are presented in Asset Account statement(s) together with other assets held in such account(s). All pertinent information about your settled and pending purchases and sales effected through your JPMS account during the period covered by these statement(s), is summarized in the "Trade Activity" portion of the statement(s). In Case of Other Errors or Questions About Your Asset Account Statement(s) Please review your statement(s) and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, unaccounted cash positions, EFTA01540129 improper payments or transfers in writing to both the introducing broker, JPMS and the clearing firm, JPMCC at the addresses shown on your statement(s). Any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act (SIPA). If you have any questions please contact your J.P.Morgan team. In your written communication, please provide the following information: (1) your name and account number; (2) the dollar amount of the suspected error; and (3) a description of the error and explanation, if you can, why you believe there is an error. If you need more information, you must describe the item you are unsure about. We must receive your written communication no later than 30 days after the statement on which the error or problem appeared is sent or made available. If you do not so notify us, you agree that the statement activity and account balance(s) are correct. JPMCC and JPMS are members of the Securities Investor Protection Corp ("SIPC"), a not-for-profit membership corporation funded by broker-dealers registered with the Securities and Exchange Commission. Securities and cash held for a customer at JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $250,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMCB are not subject to SIPC. You may obtain information about SIPC, including the SIPC Brochure, on their website, at "www.sipc.org" or by contacting them at (202) 371-8300. In Case of Errors or Questions About Your Electronic Transfers. Disclosures Page 2 of 4 EFTA01540130 For the Period 9/1/12 to 9/30/12 Contact your J.P. Morgan Team at one of the telephone numbers on the front of your statements or write us at J.P. Morgan, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107 as soon as you can, if you think your statement is wrong or if you need more information about a transfer on the statement. We must hear from you no later than 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days (or 20 business days for new accounts) to do this, we will credit your account for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. In Case of Errors or Questions About Non-Electronic Transfers (Checks or Deposits) Contact JPMorgan Chase Bank, N.A. ("JPMCB") Member FDIC immediately if a statement is incorrect or if you need more information about any non- electronic transactions (checks or deposits) on this statement. If any such error appears, you must notify the bank in writing as soon as possible after your statement was made available to you. For more complete details, see the applicable account agreements and appendices that govern your account. Deposit products and services are offered by JPMCB Member FDIC. You must promptly advise your J.P.Morgan representative of material changes in your investment objectives or financial situation or if you wish to modify the management of your account. Unless you inform otherwise, your J.P.Morgan representative will consider the information currently in its files to be complete and accurate. With reference to JPMS and JPMCC: A financial statement of this organization is available to you for personal inspection at its offices, or a copy will be mailed to you upon written request. You should have received (or have made available to you) separate confirmations for each securities transaction. All transactions are subject to the terms and conditions stated on the reverse side of such confirmations and are subject to the constitution, by-laws, customs and interpretations of the marketplace where executed and governed by and construed in accordance with the laws of the State of New York and all applicable federal laws and regulations. Further information with respect to commissions and other charges related to the execution of transactions, including options transactions, has been included in confirmations that were previously furnished or have made available to you. Upon written request, JPMS will promptly supply you with the latest information. IMPORTANT ADDITIONAL INFORMATION APPLICABLE ONLY TO YOUR MARGIN ACCOUNT(S) All positions in your Margin Account Portfolio(s) are held in custody at J.P. Morgan Clearing Corp. ("JPMCC"), Three Chase Metrotech Center, Brooklyn, NY 11245-001, (347) 643-2578. EFTA01540131 If you have a margin account as permitted by law we may use certain securities in such account for, among other things, settling short sales and lending the securities for short sales, and as a result may receive compensation in connection therewith. Please keep the following in mind when using a statement to track your brokerage activity in a margin account: The statement combines your general margin account with the special memorandum account required by Section 220.6 Regulation T. As required by Regulation T, a permanent record of your separate account is available upon your request. Free credit balances in your margin account(s) are not segregated and may be used in the operation of JPMCCs business, subject to the limitations of SEC Rule 15c3-3. Unless otherwise noted, JPMCC or its agents and depositories will hold your securities. Upon your demand, JPMCC will pay to you the amount of your free credit balance, and will deliver to you fully-paid securities held on your behalf. Interest will be charged on any debit balance; the method of calculating interest is described in a letter sent to all margin customers. PRODUCT RELATED DISCLOSURE: IMPORTANT INFORMATION ABOUT ALTERNATIVE INVESTMENTS: FOOTNOTES 1 - 4 Private Equity, Hedge Funds, Exchange Funds, Real Estate and Other Alternative Assets 1. Direct private equity investments and pooled private investments (e.g., interests in limited partnerships and limited liability companies) are generally illiquid securities. Values are estimates only and are not warranted for accuracy or completeness. Values do not represent the actual terms at which transactions or securities could be bought or sold or new transactions could be entered into or the actual terms on which existing transactions could be liquidated as of the date of this statement. Disclosures Page 3 of 4 EFTA01540132 For the Period 9/1/12 to 9/30/12 Direct private equity investments are generally valued at cost, unless there is an active secondary trading market in the securities, in which case, direct private equity investments are valued using market prices as of the close of the last business day for this statement period. Pooled private equity investments are valued according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each investment for the specific valuation methodology used by the General Partner or Manager for that investment or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. Hedge funds generally calculate the price (the "Net Asset Value" or " NAV"), 10-15 business days following the last business day of the month. For that reason, hedge fund NAVs shown will generally be the NAV of the month preceding this statement period. In general, the NAV is stated net of management and incentive fees. The NAV is calculated according to the General Partner's or Manager's stated methodology. Please refer to the limited partnership agreement, limited liability company agreement or other operative documentation for each hedge fund for the specific methodology used by the General Partner or Manager for that hedge fund or for your Investment Management or Trust account contact your J.P. Morgan team. J.P. Morgan expressly disclaims any responsibility for (1) the accuracy of the information and the methodology used by the General Partner or Manager in deriving valuations, (2) any errors or omissions in compiling or disseminating the valuations, and (3) any use to which the valuations are put. Valuations are provided for information purposes only and are intended solely for your own use. These statements do not provide tax reporting on private investments. Please continue to rely upon the General Partner or Manager of the investment vehicle for this information or for your Investment Management or Trust account contact your J.P. Morgan team. 2. The 'Capital Called Since Inception USD' and 'Cash/Security distributions Since Inception USD' columns are updated monthly to reflect activity (capital calls and distributions), if any. 3. Hedge funds generally allow subscriptions on a monthly or quarterly basis. An interest in a hedge fund or hedge fund of funds is generally as of the first business day of the subscription period. Due to early funding requirements by the applicable fund, your account may be debited for the subscription amount prior to the subscription date. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Hedge fund redemptions are generally on a monthly, quarterly or annual basis EFTA01540133 but can sometimes be subject to a multi-year lockup before a redemption is permitted. For redemptions, there is generally a notification period that can be a long interval before the actual redemption date. Redemption proceeds are generally paid 15 calendar days after the final NAV is issued, but can be subject to a holdback of a portion of the proceeds until an annual audit of the Fund has been completed. Please refer to the applicable hedge fund's operative documentation for further details or for your Investment Management or Trust account contact your J.P. Morgan team. Global Access Portfolios share certain characteristics with hedge funds. In particular, an investor who withdraws from a Global Access Portfolio will not receive the withdrawal proceeds in their entirety until 30-60 days after completion of the Portfolio's audit, which may be 18 months or longer after the redemption date. Interest might not be paid on any proceeds pending distribution. These restrictions apply even if the investor's account at JPMorgan is closed. The Confidential Private Placement Memorandum and applicable Supplements contain other important information about the Global Access Portfolios and are available upon request or for your Investment Management or Trust account contact your J.P. Morgan team. 4. Alternative assets may include publicly available mutual funds that utilize non-traditional investment management strategies, for example, strategies commonly employed by hedge funds. Mutual funds generally calculate the price (the "Net Asset Value" or "NAV") on a daily basis and mutual fund NAVs shown on your statement generally will be the NAV as of the close of the last business day for this statement period. Please refer to the applicable mutual fund prospectus for further details. If the applicable mutual fund is a JPMorgan Fund, please refer to disclosures on this statement concerning JPMorgan Funds for other important information. Disclosures Page 4 of 4 EFTA01540134