EFTA Document EFTA01512464

J.PMorgan FINANCIAL TRUST COMPANY, INC. ACCT. For die Petiod 12/IMS to 12/31 /OR JPMorgan Fundi The JFIaapan neetutional Funds or Tim Anitsn'can Century Funds Share: d Ine funds tee not bonk deponts en! am not otteraMeedbyany bonk ocennrrontectoy or Me FDIC Return and More pocoweg nieten end redempben volueney be mee ce ins !han enonalcost lifeb !he money ~kenende soek to ~afat° a Rede net su« vanen fl 0 0 per enne Meren no asatranee Met Men ver conga"» he Oor° tneestenoledsonnuatexcme and dralend mek I Anne Ia ~luie lont neptesenene funds' maff ~alt 'neon, dienend onnuneed Th* deatefulor of (he !Patat-pen Funds a JPIecroan DtstnbuLon Serene. Inc wItch a tin anitekt el ieleront Chose Bonk NA !PMosten Chose Bank NA and as athenea recene compensatton tont !Patroon Fonds lor provelng set" Mensen Centuny IncsetneraSseoso. Ine a Ma dranettior tne Meenam Cannory Funds ~aan Canhay afrastmen IManagarnonl Ine ~vee as .rnealmereadvocr lo es aspoctrretund ternerardrecte.ercorreeneaton free :hof fund ramgh fcr orrowdoesrrestmant adveoryand 000/ WVICOO immanent InfoenatetnRotweengAuebon Rato Seanhas (ARS) ARS are debt peeforrod sec uren lab en narest cr daden! rate rasa poroodaryin an eucbon Aliksugh »are array be day ~and monthly mots Mae re no narontootnot Mere ma bo toddy II Mees arend aØØ ta en tofoe b redeenithe ~snees esebblebt sete !he teute mey beo land ~lto Ina land auctor, eren no ~trance Vel a ~Satanse.« we destropce Maf th* secvney wat fade et er or wcoreer pree regeeltd on atalenenls Aaordnga nes skoid na rolyn paai, tnkanahonappoanng thew staiamanta wind respect to ARS JFS4S1m NeCusØendMkMnMu putlalsedthrOupa JAMS! You must ptonnlly mbaseJPMSI of mekenalchanon n >os miestmentotectiescr anencateltabon Uness jou totem !PMS cenenetse !PMS/ wieweder intoensboncurrenbytn ift NIH to ta compbte and ~tab YOU shoutl haverecavedsoperale"Clconfirmatons lor °ach seambes Vanuebon AV bensocbons we subin I ho erna and condbons stned on rene aasde of :uni =ontman:ns and.» zotten to Me consblaon. bytes =tom: and nteneettons of tne reeknint Onno exeCtAfd and pactmed by end Consfreed n accOrdanoe wee be ent d Ma Slede ot New Rakend at oppeosen Wette lans and reponlons Fathev ~maten wal naspeel te commosone and Met CfMrges teielbed to Me nonnen d bnsertgn.k mcksdegopMonsbamaqcnshaboonrldudalrnØrmasonsmat.rØpavwsanlunahaltoyou Upon ~non men« JP1A SI eva aoraillysuppinw mth th* kaag sua in Vermaan Slwelsoliontot ooilam !PM Funds arocharood • (*dompten Mo nu& to 2% enne prOnilOtt tney•salatted ~oomstem of sudi funds rotan GO deys of ~olm« autnet to anno mooptsons set loet in Me prcopoctus onno appacotactFund Fentmoonsute yam' JP. Meeuw reprosenttenotr • let dm !PM Fonts that enpone redernnton bes JPIASI ts • ween:~ cd dso ~tas Inveslorreorecton Cceporatce (SIPCI.• nol-kg-pro« membashp orperattontundod by tocke-donsrs monteer:tm* en Secunbos and Exchange Comnasson Sonnet and cash held kraamtoner ot JAMS!~ venend by WC up b SS».000 per natorney. meen mende. up to 5100.0:0 o proled,on kt cash SIPC does no! profeet naast 101SO4 hom fluduatens tfa Waad Vo sou. yam Mats hee in custoly byJPIforean ChaseBonk NA Or* tank lege nol autalct to SIPC. Von mIyObton inecemation *bout SIM ffickelmo Om WC &entre on met wen». at %cnv nee Wc ( ne cenItearIO Ween st (202) 3714900 JP MOrgelt Steseket* Ine . JP110tOttn Cnoter Bank NA a thee Melelee Oho Werpen Cersennenney new» Ofmnatilate ~MMO sant daMboØa shatelseder ~vatte "Icoon Fund. AMEntanC•ntua Funds Cv funds eclanshed sconscntd «Weed. ce aanga% by thrd pain and be Morgan Compleets ma), b•conemanstod sten sornoas ExplametIon Or JPMSI Reling,: -OPM.:n(0 uni m1 kabonng rateg sysiton Ovetwogitt Over moord soc to erure ^»otas, 44 «not 04 :020‘ 000 ~Omler asehbeRldadrehan of the Mok* tn te eenste tote negers itranro covoroge uncerse Neutron 0~ We nats« twee manOR km nitet sus stock we psettrm in Lite wen me antage tokt/ ~re or th* stocks on te annyate <or no onalystb toambIemeno• ~nom undenvelont Over Ne nest se b Merro ~Aha we espen das stock vnl undereedam the antage Mol reetrnd the stocks n the anion («Ine anetyers toemat ~rage "Cf30 independent Research Rebny: JPOASt does notendrie o otnencseedopt the IndoperdentReserva•Pranderraseercn ander rangs Deterent fr ms toe a eonetyot ~ros bons as wee as date n :Tennis systems b decentethor meermin-batons JPMSI usco 'roltva'refings 'Mem** deUrited above eRPa may us.* dabentratifiga saam ~h Ss as an »WAS' anno s «slem end anten arms as boy'. Modi a eer &nee 'reMbreend tabsolute'reóngs 'Mams Welundamenlagyddrewea you ah uld aal ormery tho ClOhrOOM Cre at ramp wan »n JPMSI and IRPromarch maa irekdOd in tiro ~ce teod Fa Mq rossen and sent» th. etenen coteams tno bast; la Ine mango as ron as compote tremmeton concornong te annyste vena. you shoun reed ~te/ tno rezen and not info e: contents kom the releveer* .0 P Morgan Raakt Bank ss Me memeeng name b the preste ~Met bunnen conducted by .1 P Morgen Chose S Co Woont rts subsdenos ØwØ. mondt% JPItcroon Chase Bank NA and JP Morgen Stennes Inc Acco rage 1 3 of 13 Page 14 of 20 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00038311 SDNY_GM_00307509 EFTA01512464