EFTA01770188

From: Barrett, Paul S <paul.s.barrett@jpmorgan.com> Sent: Thursday, February 23, 2012 9:37 PM To: jeevacation@gmail.com* Cc: Giuffrida, David Subject: High Yield in the Haze Trust Jeffrey We have 5mm of the JPM High Yield bond fund in Haze. l=would like to switch that exposure into the iBoxx HY index. This will al=ow us to receive long term capital gains on the returns as opposed to ordi=ary income that you are facing right now. We remain optimistic on HY thi= year with expected returns of 13%. Let me know. =0APaul This email is confidential and subject to important disclaimer= and conditions including on offers for the purchase or sale of =ecurities, accuracy and completeness of information, viruses, confide=tiality, legal privilege, and legal entity disclaimers, available at =ttp://www.jpmorgan.com/pages/disclosures/email. <?xml version=.0" encoding=TF-8"?> <!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.O.dtd"> <plist version=.0"> <dict> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1330033059</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>22</integer> <integer>2</integer> </array> <key>remote-id</key> <string>207745</string> </dict> </plist> EFTA_R1_00081096 EFTA01770188