EFTA Document EFTA01534879

JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 0000000033.00.0.01.RRRRR.BELLE18.20100625 HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 1OF NEW YORK NY 10065-6216 Asset Account J.P. Morgan Team Paul Morris Jeffrey Matusow Janet Young William Doherty III Banker Investment Specialist Client Service Team Client Service Team Table of Contents Account Summary Holdings Equity Cash and Short Term Fixed Income Options Foreign Exchange Contracts Other Assets Portfolio Activity Online access www.MorganOnline com Page 2 4 6 8 11 15 17 20 Page 1 of 56 EFTA01534879 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Account Summary Asset Allocation Equity Cash & Short Term Fixed Income Options Foreign Exchange Contracts Other Assets Market Value Accruals Market Value with Accruals Beginning Ending Market Value 20,419,540.00 24,686,461.56 30,515,088.00 (924,361.77) 218,446.13 (328,464.35) $74,586,709.57 298,064.65 $74,884,774.22 Market Value 19,248,577.50 35,288,211.90 19,041,704.00 (1,665,791.50) (717,387.04) (4,569,518.13) $66,625,796.73 238,594.71 $66,864,391.44 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 Period Value 74,586,709.57 505,215.67 (1,030,000.00) EFTA01534880 (305,003.00) ($829,787.33) (596,750.29) (6,534,375.22) $66,625,796.73 238,594.71 $66,864,391.44 Change In Value (1,170,962.50) 10,601,750.34 (11,473,384.00) (741,429.73) (935,833.17) (4,241,053.78) ($7,960,912.84) (59,469.94) ($8,020,382.78) Equity Year-to-Date Value 0.00 76,033,215.67 (1,459,442.44) (305,005.00) $74,268,768.23 (744,998.21) (6,897,973.29) $66,625,796.73 238,594.71 $66,864,391.44 Estimated 1,389,305.00 377,757.02 1,111,851.50 Current Annual Income Allocation 26% 47% 26% 1% Cash & Short Term Options Asset Allocation $2,878,913.52 100% Fixed Income Page 2 of 56 EFTA01534881 EFTA01534882 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Account Summary Tax Summary Currency Gain/Loss Interest Income Taxable Income CONTINUED Current Period Value (701,523.18) 104,772.89 ($596,750.29) Year-to-Date Value (701,840.25) (43,157.96) ($744,998.21) Unrealized Gain/Loss To-Date Value ($2,333,439.03) ST Realized Gain/Loss Realized Gain/Loss Current Period Value 378,812.23 $378,812.23 Year-to-Date Value 417,365.88 $417,365.88 Cost Summary Equity Cost Cash & Short Term Fixed Income Options Total 20,641,247.50 35,330,911.90 20,090,706.00 (1,816,724.50) $74,246,140.90 Page 3 of 56 EFTA01534883 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Equity Summary Asset Categories US Large Cap US Mid Cap/Small Cap Preferred Stocks Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Dividends Yield Equity Detail Estimated Quantity US Large Cap MACERICH CO 554382-10-1 MAC Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss Annual Income Accrued Dividends Yield Beginning Market Value 983,620.00 35,920.00 19,400,000.00 $20,419,540.00 Ending Market Value 234,557.50 406,020.00 18,608,000.00 $19,248,577.50 Current Period Value 19,248,577.50 20,641,247.50 (1,392,670.00) 1,389,305.00 EFTA01534884 11,000.00 7.22% Preferred Stocks Change In Value (749,062.50) 370,100.00 (792,000.00) ($1,170,962.50 ) Current Allocation 1% 1% 24% 26% US Mid Cap/Small Cap US Large Cap Asset Categories Equity N/A 11,000.00 Page 4 of 56 EFTA01534885 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Estimated Quantity US Large Cap NUSTAR ENERGY LP Total US Large Cap 67058H-10-2 NS 4,250.000 US Mid Cap/Small Cap METALS USA HOLDINGS CORP SOLAR CAPITAL LTD 59132A-10-4 MUSA 13,000.000 83413U-10-0 SLRC STRATEGIC HOTELS & RESORTS INC Total US Mid Cap/Small Cap 86272T-10-6 BEE 35,000.000 Preferred Stocks 3PM CHASE CAPITAL XXIX 6.7% PFD 48125E-20-7 3PM PC 800,000.000 23.26 18,608,000.00 19,980,000.00 (1,372,000.00) 1,340,000.00 7.20% $406,020.00 $420,910.00 ($14,890.00) $31,200.00 7.68% 20,000.000 4.90 98,000.00 92,000.00 6,000.00 21.34 277,420.00 286,910.00 (9,490.00) 31,200.00 11.25% 2,000.000 15.30 30,600.00 42,000.00 (11,400.00) EFTA01534886 $234,557.50 $240,337.50 ($5,780.00) $18,105.00 $11,000.00 7.72% 4,250.000 55.19 234,557.50 240,337.50 (5,780.00) 18,105.00 7.72% Price Market Value Tax Cost Adjusted Original Unrealized Gain/Loss Annual Income Accrued Dividends Yield Page 5 of 56 EFTA01534887 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Cash & Short Term Summary Beginning Asset Categories Cash Short Term Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY Short Term 6-12 months 5,099,800.00 Market Value Market Value 24,686,461.56 0.00 $24,686,461.56 Ending Market Value 30,188,411.90 5,099,800.00 $35,288,211.90 Current Period Value 35,288,211.90 35,330,911.90 (42,700.00) 377,757.02 123,585.01 0.65% SUMMARY BY TYPE Short Term Corporate Bonds Market Value 5,099,800.00 % of Bond Portfolio 100% Change In Value 5,501,950.34 5,099,800.00 EFTA01534888 $10,601,750.34 Current Allocation 40% 7% 47% Short Term Asset Categories Cash & Short Term Cash Page 6 of 56 EFTA01534889 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Note: 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. Cash & Short Term Detail Quantity Cash PROCEEDS FROM PENDING SALES US DOLLAR Total Cash Short Term FORD MOTOR CREDIT CO 7 3/8% FEB 1 2011 DTD 1/30/2001 345397-TS-2 B- /BA3 5,000,000.00 102.00 5,099,800.00 5,142,500.00 (42,700.00) 368,750.00 122,915.00 4.29% 165,000.00 30,023,411 90 1.00 1.00 165,000.00 30,023,411.90 $30,188,411.90 165,000.00 30,023,411.90 $30,188,411.90 $0.00 9,007.02 670.01 $9,007.02 $670.01 0.03% 1 0.03% Price Market Value Tax Cost Adjusted Original Estimated EFTA01534890 Unrealized Gain/Loss Annual Income Accrued Interest Yield Page 7 of 56 EFTA01534891 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Fixed Income Summary Asset Categories US Fixed Income - Taxable Non-US Fixed Income Total Value Market Value/Cost Market Value Tax Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield SUMMARY BY MATURITY Fixed Income Less than 5 years, 5-10 years, 10+ years, Total Value 1 Market Value 6,741,704.00 9,050,000.00 3,250,000.00 $19,041,704.00 % of Bond Portfolio 35% 48% 17% 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. Beginning Market Value 28,777,588.00 1,737,500.00 $30,515,088.00 Ending Market Value 17,522,954.00 1,518,750.00 $19,041,704.00 Current Period Value 19,041,704.00 20,090,706.00 (1,049,002.00) EFTA01534892 1,111,851.50 104,009.70 7.10% SUMMARY BY TYPE Fixed Income Corporate Bonds International Bonds Total Value Market Value 17,522,954.00 1,518,750.00 $19,041,704.00 % of Bond Portfolio 92% 8% 100% US Fixed Income - Taxable Change In Value (11,254,634.00) (218,750.00) ($11,473,384.00 ) Current Allocation 24% 2% 26% Non-US Fixed Income Asset Categories Fixed Income Page 8 of 56 EFTA01534893 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Fixed Income Detail Quantity US Fixed Income - Taxable FORD MOTOR CREDIT CO LLC FLOATING RATE NOTE JUN 15 2011 DTD 03/15/2007 345397-VF-7 B- /BA3 FORD MOTOR CREDIT CO LLC SR NOTES 7% APR 15 2015 DTD 04/09/2010 345397-VN-0 B- /BA3 CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 125581-FW-3 B+ /B3 CIT GROUP INC 7% MAY 01 2017 DTD 11/04/2009 125581-FX-1 B+ /B3 GENERAL MOTORS CORP NOTES 8 3/8% JUL 15 2033 DTD 07/03/2003 IN DEFAULT 370442-BT-1 NR /WR Total US Fixed Income - Taxable 25,200,000.000 $17,522,954.00 $18,336,456.00 ($813,502.00) $989,351.50 $92,782.20 6.14% 10,000,000.000 32.50 3,250,000.00 3,800,000.00 (550,000.00) 5,000,000.000 90.25 4,512,500.00 4,612,500.00 (100,000.00) 350,000.00 10,690.00 8.90% 5,000,000.000 90.75 4,537,500.00 4,725,000.00 EFTA01534894 (187,500.00) 350,000.00 20,415.00 9.03% 200,000.000 98.98 197,954.00 198,956.00 (1,002.00) 14,000.00 2,022.20 7.25% Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 5,000,000.000 100.50 5,025,000.00 5,000,000.00 25,000.00 275,351.50 59,655.00 4.98% Page 9 of 56 EFTA01534895 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Quantity Non-US Fixed Income PETROLEOS DE VENEZUELA S 4.9% OCT 28 2014 DTD 10/28/2009 HELD BY EUROCLEAR ISIN:XS0460546442 SEDOL:85882G7 71668A-9A-1 Price Market Value Tax Cost Adjusted Original Estimated Unrealized Gain/Loss Annual Income Accrued Interest Yield 2,500,000.000 60.75 1,518,750.00 1,754,250.00 (235,500.00) 122,500.00 11,227.50 18.22% Page 10 of 56 EFTA01534896 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Options Summary Asset Categories Equity Foreign Exchange Other Total Value Market Value/Cost Market Value Premium Unrealized Gain/Loss Note: P indicates position adjusted for Pending Trade Activity. Options Detail Quantity Foreign Exchange EUR CALL USD PUT FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.32 XEURCB-LN-Z EUR Price Market Value Premium Unrealized Gain/Loss Beginning Market Value (114,400.00) (265,100.78) (544,860.99) ($924,361.77) Ending Market Value 0.00 183,625.70 (1,849,417.20) ($1,665,791.50 ) Current Period Value (1,665,791.50) (1,816,724.50) 150,932.97 Change In Value 114,400.00 448,726.48 (1,304,556.21) ($741,429.73) Current EFTA01534897 Allocation Options 1% 1% Asset Categories (10,000,000.000 ) 0.32 (32,210.83) (158,239.46) 126,028.63 Page 11 of 56 EFTA01534898 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Quantity Foreign Exchange EUR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.4425 KI @ 1.63 XEURCB-LT-Z EUR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.245 KI @ 1.38 XEURCB-LU-Z EUR PUT USD CALL FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.28 XEURPB-HD-Z EUR EUR PUT USD CALL FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.24 XEURPB-HE-Z EUR EUR PUT USD CALL FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.245 XEURPB-HW-Z GBP PUT USD CALL FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.4425 XGBPPA-LM-Z JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 XJPYCA-NE-Z Page 12 of 56 (935,000,000.000 ) 0.07 (638,286.62) (470,000.00) (168,286.17) 6,932,409.000 8.04 557,445.77 495,000.00 62,445.77 8,032,128.510 7.46 599,412.40 495,000.00 104,412.39 (10,000,000.000 ) EFTA01534899 3.06 (306,413.20) (135,082.46) (171,330.74) 10,000,000.000 5.56 555,750.61 276,597.42 279,153.19 (8,032,128.510 ) 5.77 (463,522.04) (495,000.00) 31,477.96 Price Market Value Premium Unrealized Gain/Loss (6,932,409 000 ) 6.61 (458,137.66) (495,000.00) 36,862.34 EFTA01534900 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Quantity Foreign Exchange 3PY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 XJPYPA-SQ-Z Total Foreign Exchange Other XAU PUT OPTION USD CALL OPTION STRIKE 1,115.00 EXPIRES 6/17/2010 KI @ 1,085 Underlying Asset Price = $1,206.13 OTCBDP-EW-G 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.350% S 30/360 VS 3ML EXP DATE 07/26/2010 DEAL 5164984 Underlying Asset Price = $0.00 OTCBDC-GV-H P 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.25% S 30/360 VS 3ML EXP DATE 08/13/2010 DEAL 5166005 Underlying Asset Price = $0.00 OTCBDC-GW-K (1.000) (545,000.00) 545,000.00 (1.000) 1.00 (656,612.57) (909,000.00) 252,387.43 (5,000.000) 1.14 (5,701.58) (85,000.00) 79,298.42 (10,000,000.000 ) $183,625.70 ($16,724.50) $200,350.17 Price Market Value Premium Unrealized Gain/Loss EFTA01534901 935,000,000.000 0.04 369,587.27 470,000.00 (100,413.20) Page 13 of 56 EFTA01534902 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Quantity Other 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS. 3ML EXP DATE 06/30/2010 DEAL 5161946 Underlying Asset Price = $0.00 OTCBDC-TB-B 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS 3ML EXP DATE 06/14/2010 DEAL 5162475 Underlying Asset Price = $0.00 OTCBDC-TC-N P 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.25% S 30/360 VS 3ML EXP DATE 05/28/2010 DEAL 5163369 Underlying Asset Price = $0.00 OTCBDC-TE-Y Total Other (5,004.000) ($1,849,417.20) ($1,800,000.00) ($49,417.20) 1.00 N/A (1.000) 1.00 (573,839.18) (125,000.00) (448,839.18) (1.000) 1.00 (613,263.87) (136,000.00) (477,263.87) Price Market Value Premium Unrealized Gain/Loss Page 14 of 56 EFTA01534903 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Foreign Exchange Contracts Summary NET CURRENCY EXPOSURE SUMMARY Value AUSTRALIA DOLLAR CANADIAN DOLLAR US DOLLAR in Currency (0.01) 0.01 (717,387.03) Foreign Exchange Contracts Detail Market Value Receivable Trade Date Speculative AUSTRALIA DOLLAR AUSTRALIA DOLLAR AUSTRALIA DOLLAR CANADIAN DOLLAR CANADIAN DOLLAR CANADIAN DOLLAR CANADIAN DOLLAR US DOLLAR JAPANESE YEN JAPANESE YEN May. 20 10 Jul. 30 10 Apr. 28 10 Jul. 30 10 May. 20 10 Jul. 30 10 Apr. 28 10 Aug. 6 10 May. 6 10 Aug. 6 10 AUD CAD AUD CAD AUD USD CAD JPY CAD JPY 5,703,855.80 (5,000,000.00) (5,426,524.85) 5,000,000.00 EFTA01534904 (277,330.96) 227,244.98 5,000,000.00 (464,350,000.00 ) (5,246,892.65) 464,350,000.00 0.876600 0.921400 0.819400 92.870000 88.500000 1.129656 1.129656 0.841545 86.359007 86.359007 4,800,050.80 4,753,280.81 4,753,280.81 4,566,664.35 227,244.98 233,386.45 4,753,054.24 5,111,408.31 5,111,408.31 4,987,753.07 46,769.99 186,616.46 (6,141.47) (358,354.07) 123,655.24 Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Page 15 of 56 EFTA01534905 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Market Value Receivable Trade Date Speculative CANADIAN DOLLAR INDIAN RUPEE INDIAN RUPEE POUND STERLING POUND STERLING POUND STERLING POUND STERLING Total Speculative US DOLLAR US DOLLAR US DOLLAR NORWEGIAN KRONE NORWEGIAN KRONE NORWEGIAN KRONE US DOLLAR May. 6 10 Aug. 6 10 Apr. 16 10 Oct. 20 10 May. 6 10 Oct. 20 10 May. 6 10 Jun. 30 10 Mar. 26 10 Jun. 30 10 Apr. 6 10 Jun. 30 10 May. 6 10 Jun. 30 10 CAD USD INR USD INR USD GBP NOK GBP NOK GBP NOK GBP USD 246,892.66 (236,652.69) EFTA01534906 446,500,000.00 (10,000,000.00) (446,500,000.00 9,681,266.26 13,739,615.90 (126,988,400.00 (7,000,000.00) 63,099,400.00 (7,000,000.00) 63,889,000.00 260,384.10 (389,245.58) 1.043270 44.650000 46.120000 9.242500 9.014200 9.127000 1.494890 1.051955 46.824051 46.824051 9.364226 9.364226 9.364226 1.445920 234,698.84 236,652.69 9,535,697.78 10,000,000.00 9,681,266.26 9,535,697.78 19,866,384.77 19,608,141.69 9,743,110.20 10,121,439.67 9,865,031.48 10,121,439.67 376,494.56 389,245.58 $78,947,723.03 $79,665,110.07 (1,953.85) (464,302.22) 145,568.48 258,243.08 (378,329.47) (256,408.19) (12,751.02) ($717,387.04) Currency EFTA01534907 Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Page 16 of 56 EFTA01534908 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Other Assets Summary Asset Categories Swaps Beginning Estimated Value (328,464.35) Ending Estimated Value (4,569,518.13) Change In Value (4,241,053.78) Current Allocation Market Value/Cost Estimated Value (4,569,518.13) Current Period Value Other Assets Detail Cost Quantity Swaps CLP SWAP - CLP NOTL 13,000,000,000 MD 3/21/12 TD 3/17/10, START D 3/21/11 PAY FLOAT CLP OIS ANN ACT/360 4.15% REC FIX, DEAL #253571031 N/O Client SWPBDA-ZQ-8 1.000 1.00 (18,063.74) N/A Price Estimated Value Adjusted Original Estimated Gain/Loss Accruals Page 17 of 56 EFTA01534909 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Cost Quantity Swaps CLP SWAP - CLP NOTL 13,000,000,000 MD 3/29/12 TD 3/25/10, START D 3/29/11 PAY FLOAT CLP OIS ANN ACT/360 4.15% REC FIX, DEAL #254489072 N/O Client SWPBDE-JB-1 LONG TOTAL RETURN SWAP 4,775,970.00 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APR 29 2011 DEAL 5508960 N/O Client SWPBDE-TJ-3 LONG TOTAL RETURN SWAP 3,208,420 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 N/O Client SWPBDE-WG-5 SX5E DIVIDEND SWAP FIXED STRIKE EUR 112.10 NUMBER OF BASKET 89,206 MAT DEC 16 2011 DEAL 4444220 N/O Client SWPBDE-PR-9 EUR 89,206.000 15.40 (1,373,941.37) N/A 20,000.000 15.94 (318,729.47) N/A 30,000.000 14.70 (440,875.77) N/A 1.000 1.00 (24,818.46) N/A Price Estimated Value Adjusted Original EFTA01534910 Estimated Gain/Loss Accruals Page 18 of 56 EFTA01534911 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Cost Quantity Swaps SXSE DIVIDEND SWAP FIXED STRIKE EUR 113.30 NUMBER OF BASKET 88,261 MAT DEC 21 2012 DEAL 4444219 N/O Client SWPBDE-PS-7 EUR SXSE DIVIDEND SWAP FIXED STRIKE EUR 100.00 NUMBER OF BASKET 50,000 MAT DEC 21 2012 DEAL 4458593 N/O Client SWPBDE-WW-0 EUR Total Swaps ($4,569,518.13) $0.00 $0.00 50,000.000 7.19 (359,397.09) N/A 88,261.000 23.04 (2,033,692.23) N/A Price Estimated Value Adjusted Original Estimated Gain/Loss Accruals Page 19 of 56 EFTA01534912 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions Income INFLOWS 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 17,439,823.52 (11,026,947.50) $6,412,876.02 $30,023,411.90 * Year to date information is calculated on a calendar year basis. 19,099,351.63 (63,285,439.25) ($44,186,087.62) -104,772.89 505,215.67 379,034.82 $989,023.38 (1,030,000.00) (863,298.52) ($1,893,298.52) (43,157.96) 76,033,215.67 542,182.77 $76,532,240.48 (1,459,442.44) (863,298.52) ($2,322,740.96) Period Value 24,514,811.02 Year-To-Date Value* -Page 20 of 56 EFTA01534913 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Settlement Date Income 5/3 Type Interest Income Description DEPOSIT SWEEP INTEREST FOR APR. @ .03% RATE ON NET AVG COLLECTED BALANCE OF $31,396,909.44 AS OF 05/01/10 5/11 Corporate Interest CIT GROUP INC 7% MAY 01 2016 DTD 11/04/2009 AS OF 05/10/10 5/17 5/20 5/26 Total Income Accrued Interest Paid Accrued Interest Received Accrued Interest Paid FORD MOTOR CREDIT CO 7 3/8% FEB 1 2011 DTD 1/30/2001 U S A NOTES 4 5/8% FEB 15 2040 DTD 02/16/2010 FORD MOTOR CREDIT CO LLC FLOATING RATE NOTE JUN 15 2011 DTD 03/15/2007 $104,772.89 5,000,000.000 0.011 (55,070.00) 15,000,000.000 0.012 180,145.03 5,000,000.000 0.022 (108,576.39) 5,000,000.000 0.018 87,500.00 Quantity EFTA01534914 Cost Per Unit Amount Amount 774.25 Page 21 of 56 EFTA01534915 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Settlement Date Contributions 5/20 Type Misc. Receipt Description INTEREST RATE SWAP 14,050,000 USD NOTIONAL 2/15/2040 REC: FLOATING RATE USD 3 MONTH LIBOR DEAL 254307367 4.45653% PAY FIXED, S 30/360 IR SWAP NET PAYMENT FIXED -0.00 + 5,215.67 LIBOR AS OF 05/17/10 5/27 Misc. Receipt INTEREST RATE SWAP 125,000,000 USD NOTIONAL 04/30/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 257872357 1.7525% REC FIXED, S 30/360 SWAP UNWIND - REF #257872357 - TOTAL CASHFLOW IS PRINCIPAL 5/27 Misc. Receipt INTEREST RATE SWAP 125,000,000 USD NOTIONAL 05/08/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 260160350 1.73% REC FIXED, S 30/360 SWAP UNWIND - REF # 260160350 - TOTAL CASHFLOW IS PRINCIPAL Total Contributions Foreign Exchange - Inflows Spot FX 5/7 $505,215.67 227,000.00 273,000.00 Quantity Cost Amount 5,215.67 SPOT CURRENCY TRANSACTION - SELL BUY USD SELL EUR (13,000.000) (16,724.50) EXCHANGE RATE 1.282200000 EFTA01534916 DEAL 05/05/10 VALUE 05/07/10 16,668.60 Page 22 of 56 EFTA01534917 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Settlement Date Type Foreign Exchange - Inflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL JPY CONTRACT RATE : 93.494900000 TRADE 4/14/10 VALUE 5/20/10 5/20 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL JPY CONTRACT RATE : 93.335900000 TRADE 4/14/10 VALUE 5/20/10 Total Foreign Exchange - Inflows Miscellaneous Credits 5/4 $379,034.82 (17,850,000.000 ) (199,318.85) 191,244.62 Quantity Cost (15,998,998.500 ) (178,649.97) Amount 171,121.60 Receipt of Assets LONG TOTAL RETURN SWAP 4,775,970.00 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APR 29 2011 DEAL 5508960 JPMORGAN CHASE BANK TRADE DATE 04/29/10 5/5 Receipt of Assets INTEREST RATE SWAP 125,000,000 USD NOTIONAL 05/08/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 260160350 1.73% REC FIXED, S 30/360 NEW SWAP DEAL #260160350 JPMORGAN CHASE BANK TRADE DATE 04/30/10 1.000 30,000.000 EFTA01534918 Page 23 of 56 EFTA01534919 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Settlement Date Type Miscellaneous Credits 5/14 Receipt of Assets Description LONG TOTAL RETURN SWAP 3,208,420 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 PARTIAL TERMINATION JPMORGAN CHASE BANK TRADE DATE 04/26/10 AS OF 04/26/10 5/18 Receipt of Assets SX5E DIVIDEND SWAP FIXED STRIKE EUR 100.00 NUMBER OF BASKET 50,000 MAT DEC 21 2012 DEAL 4458593 JPMORGAN CHASE BANK TRADE DATE 05/13/10 Total Miscellaneous Credits Settlement Date Withdrawals 5/20 Type Misc. Disbursement Description INTEREST RATE SWAP 14,050,000 USD NOTIONAL 2/15/2040 REC: FLOATING RATE USD 3 MONTH LIBOR DEAL 254307367 4.45653% PAY FIXED, S 30/360 SWAP UNWIND -REF #254307367 -UNWIND PRINCIPAL Quantity Cost $0.00 50,000.000 Quantity Cost 20,000.000 Amount Amount (938,158.14) Page 24 of 56 EFTA01534920 EFTA01534921 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Settlement Date Withdrawals 5/20 Type Misc. Disbursement Description INTEREST RATE SWAP 14,050,000 USD NOTIONAL 2/15/2040 REC: FLOATING RATE USD 3 MONTH LIBOR DEAL 254307367 4.45653% PAY FIXED, S 30/360 SWAP UNWIND -REF #254307367 -UNWIND ACCRUED Total Withdrawals Settlement Date 5/10 Type Foreign Exchange - Outflows Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.269700000 DEAL 05/06/10 VALUE 05/10/10 5/10 Spot FX SPOT CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.489500000 DEAL 05/06/10 VALUE 05/10/10 Total Foreign Exchange - Outflows ($863,298.52) 114,800.000 170,994.60 (170,994.60) Quantity Cost 545,250.000 692,303.92 ($1,030,000.00) Quantity Cost Amount (91,841.86) Amount (692,303.92) Page 25 of 56 EFTA01534922 EFTA01534923 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Settlement Date Type Miscellaneous Debits 5/14 Free Delivery Description LONG TOTAL RETURN SWAP 8,021,050 USD NOTIONAL GOLDMAN SACHS GRP INC MAT APRIL 28 2011 DEAL 5499085 PARTIAL TERMINATION JPMORGAN CHASE BANK TRADE DATE 04/26/10 AS OF 04/26/10 5/20 Free Delivery INTEREST RATE SWAP 14,050,000 USD NOTIONAL 2/15/2040 REC: FLOATING RATE USD 3 MONTH LIBOR DEAL 254307367 4.45653% PAY FIXED, S 30/360 SWAP UNWIND -REF #254307367 JPMORGAN CHASE BANK TRADE DATE 05/18/10 5/26 Option Assignment MACERICH CO CALL OPTION MAY 10 @ 40 COVERED CALL ASSIGNED TRADE DATE 05/21/10 5/27 Free Delivery INTEREST RATE SWAP 125,000,000 USD NOTIONAL 04/30/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 257872357 1.7525% REC FIXED, S 30/360 SWAP UNWIND - REF # 257872357 TRADE DATE 05/25/10 (1.000) 220.000 43,339.25 (1.000) Quantity Cost (20,000.000) Amount Page 26 of 56 EFTA01534924 EFTA01534925 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settlement Date Type Miscellaneous Debits 5/27 Free Delivery Description INTEREST RATE SWAP 125,000,000 USD NOTIONAL 05/08/2012 PAY: FLOATING RATE USD 3 MONTH LIBOR DEAL 260160350 1.73% REC FIXED, S 30/360 SWAP UNWIND - REF # 260160350 TRADE DATE 05/25/10 Total Miscellaneous Debits TRADE ACTIVITY Note: Trade Date 4/28 Settlement Date 5/3 $0.00 Quantity Cost (1.000) Amount S indicates Short Term Realized Gain/Loss C indicates Currency Gain/Loss * Settled transaction was initiated in prior statement period and settled in current statement period Type Settled Sales/Maturities/Redemptions Sale Description APOLLO INVESTMENT CORP @ 12.32005 BROKERAGE TAX &/OR SEC 4/29 5/5 Sale 3.96 J.P. MORGAN SECURITIES INC. TRADE DATE 04/28/10 KANSAS CITY SOUTHERN INDUSTRIES INC @ 40.056 80,112.00 EFTA01534926 BROKERAGE TAX &/OR SEC 100.00 1.36 J.P. MORGAN SECURITIES INC. TRADE DATE 04/29/10 Page 27 of 56 (2,000.000) 40.005 80,010.64 (78,000.00) 2,010.64 S* Quantity (19,000.000) 234,080.95 950.00 Per Unit Amount 12.27 Proceeds 233,126.99 Tax Cost (235,600.00) Realized Gain/Loss (2,473.01) S* EFTA01534927 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Trade Date 4/29 Settlement Date 5/5 Type Settled Sales/Maturities/Redemptions Sale Description SYNOVUS FINANCIAL CORP @ 3.06 306,000.00 BROKERAGE TAX &/OR SEC 4/30 5/5 Sale 5,000.00 5.18 J.P. MORGAN SECURITIES INC. TRADE DATE 04/29/10 PAA NATURAL GAS STORAGE LP @ 23.29842 81,544.47 BROKERAGE TAX &/OR SEC 5/4 5/7 Sale 175.00 1.38 J.P. MORGAN SECURITIES INC. TRADE DATE 04/30/10 KINDER MORGAN ENERGY PARTNERSHIP L P UNIT OF LIMITED PARTNERSHIP INT @ 65.74 262,960.00 BROKERAGE TAX &/OR SEC 5/6 5/10 Option Buyback BRL PUT USD CALL FX EUROPEAN STYLE OPTION JUN 04, 2010 @ 1.8 KI @ 1.92 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 05/06/10 EFTA01534928 5/7 5/11 Option Buyback XPD PUT OPTION USD CALL OPTION STRIKE 525 EXPIRES 06/02/2010 BUY BACK OTC PUT TRADE DATE 05/07/10 10,000.000 39.60 (396,000.00) 140,000.00 (256,000.00) S 200.00 4.45 J.P. MORGAN SECURITIES INC. TRADE DATE 05/04/10 18,000,000.000 0.021 (373,000.00) 102,000.00 (271,000.00) C (4,000.000) 65.689 262,755.55 (265,000.00) (2,244.45) S (3,500.000) 23.248 81,368.09 (75,250.00) 6,118.09 S* Quantity (100,000.000) Per Unit Amount 3.01 Proceeds 300,994.82 Tax Cost (275,000.00) Realized Gain/Loss 25,994.82 S* Page 28 of 56 EFTA01534929 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Trade Date 5/7 Settlement Date 5/12 Type Settled Sales/Maturities/Redemptions Sale Description IMMUNOGEN INC @ 8.01264 BROKERAGE TAX &/OR SEC 5/13 5/18 Sale Quantity (12,500.000) 100,158.00 625.00 1.70 J.P. MORGAN SECURITIES INC. TRADE DATE 05/07/10 RAMCO-GERSHENSON PROPERTIES TRUST @ 11.70 64,350.00 BROKERAGE TAX &/OR SEC 5/13 5/18 Sale TELENAV INC @ 9.38728 BROKERAGE TAX &/OR SEC 5/18 5/20 Sale U S A NOTES 4 5/8% FEB 15 2040 DTD 02/16/2010 @ 106.25 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 05/18/10 5/24 5/24 Expired Option INR CALL USD PUT EFTA01534930 FX EUROPEAN STYLE OPTION MAY 19, 2010 @ 44.5 EXPIRATION OF PURCHASED FX OPTION (445,000,000.000 ) (93,000.00) (93,000.00) C 275.00 1.09 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 (3,000.000) 28,161.84 150.00 .48 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 (15,000,000.000 ) 106.30 15,937,500.00 (14,887,500.00) 1,050,000.00 S 9.337 28,011.36 (24,000.00) 4,011.36 S (5,500.000) 11.65 64,073.91 (63,250.00) 823.91 S Per Unit Amount 7.963 Proceeds 99,531.30 Tax Cost (100,000.00) Realized Gain/Loss (468.70) S Page 29 of 56 EFTA01534931 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Trade Date 5/20 Settlement Date 5/25 Type Settled Sales/Maturities/Redemptions Sale Description GETTY REALTY CORP @ 21.12927 BROKERAGE TAX &/OR SEC 5/20 5/25 Sale REACHLOCAL INC @ 14.09 BROKERAGE TAX &/OR SEC 5/20 5/25 Sale VITAMIN SHOPPE INC @ 23.16137 BROKERAGE TAX &/OR SEC 5/24 5/26 Option Buyback Quantity (10,000.000) 211,292.70 500.00 3.58 J.P. MORGAN SECURITIES INC. TRADE DATE 05/20/10 (1,500.000) 21,135.00 100.00 .36 J.P. MORGAN SECURITIES INC. TRADE DATE 05/20/10 (2,000.000) 46,322.74 100.00 .79 J.P. MORGAN SECURITIES INC. EFTA01534932 TRADE DATE 05/20/10 ENTRY REVERSED ON 06/15/2010 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS 3ML EXP DATE 05/24/2010 DEAL 5163005 BUY BACK OTC CALL SWAP UNWIND - REF # 5163005 TRADE DATE 05/24/10 5/20 5/26 Sale ACCRETIVE HEALTH INC @ 13.46 BROKERAGE TAX &/OR SEC (1,500.000) 20,190.00 100.00 .35 J.P. MORGAN SECURITIES INC. TRADE DATE 05/20/10 Page 30 of 56 13.393 20,089.65 (18,000.00) 2,089.65 S 1.000 88,000.00 (88,000.00) 80,000.00 (8,000.00) S 23.111 46,221.95 (47,000.00) (778.05) S 14.023 21,034.64 (19,500.00) 1,534.64 S Per Unit Amount 21.079 Proceeds 210,789.12 Tax Cost (220,000.00) Realized Gain/Loss (9,210.88) S EFTA01534933 EFTA01534934 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date 5/20 Settlement Date 5/26 Type Settled Sales/Maturities/Redemptions Sale Description RESOURCE CAPITAL CORP @ 5.15171 BROKERAGE TAX &/OR SEC 5/21 5/26 Sale MACERICH CO @ 40.00 BROKERAGE TAX &/OR SEC 5/28 5/28 Expired Option Quantity (6,400.000) 32,970.94 320.00 .56 J.P. MORGAN SECURITIES INC. TRADE DATE 05/20/10 (22,000.000) 880,000.00 1,320.00 14.88 J.P. MORGAN SECURITIES INC. TRADE DATE 05/21/10 1 PAYER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS. 3ML EXP DATE 05/28/2010 DEAL 5163368 EXPIRATION OF PURCHASED OTC CALL Total Settled Sales/Maturities/Redemptions $17,439,823.52 ($17,169,700.00) $677,462.77 S ($364,000.00) C Trade Date EFTA01534935 Settlement Date 5/3 Type Settled Securities Purchased 4/27 Purchase Description APOLLO INVESTMENT CORP @ 12.40 J.P. MORGAN SECURITIES INC. TRADE DATE 04/27/10 Quantity 19,000.000 Per Unit Amount 12.40 (1.000) (155,000.00) (155,000.00) S 39.939 878,665.12 (902,000.00) 20,004.37 S Per Unit Amount 5.102 Proceeds 32,650.38 Tax Cost (33,600.00) Realized Gain/Loss (949.62) S Market Cost (235,600.00) * Page 31 of 56 EFTA01534936 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/4 Type Settled Securities Purchased 4/28 Purchase Description KANSAS CITY SOUTHERN INDUSTRIES INC @ 39.00 J.P. MORGAN SECURITIES INC. TRADE DATE 04/28/10 4/28 5/4 Purchase SYNOVUS FINANCIAL CORP @ 2.75 J.P. MORGAN SECURITIES INC. TRADE DATE 04/28/10 4/29 5/4 Write Option XPD PUT OPTION USD CALL OPTION STRIKE 525 EXPIRES 06/02/2010 WRITTEN OTC PUT TRADE DATE 04/29/10 4/29 5/5 Purchase PAA NATURAL GAS STORAGE LP @ 21.50 J.P. MORGAN SECURITIES INC. TRADE DATE 04/29/10 4/30 5/5 Purchase Option 1 PAYER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS. 3ML EXP DATE 05/28/2010 DEAL 5163368 PURCHASE OTC CALL NEW SWAPTION DEAL # 5163368 TRADE DATE 04/30/10 4/30 5/5 Write Option EFTA01534937 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.25% S 30/360 VS 3ML EXP DATE 05/28/2010 DEAL 5163369 WRITTEN OTC CALL NEW SWAPTION DEAL # 5163369 TRADE DATE 04/30/10 Page 32 of 56 (1.000) 113,000.00 113,000.00 * 1.000 155,000.00 (155,000.00) * 3,500.000 21.50 (75,250.00) * (10,000.000) 14.00 140,000.00 * 100,000.000 2.75 (275,000.00) * Quantity 2,000.000 Per Unit Amount 39.00 Market Cost (78,000.00) * EFTA01534938 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/7 Type Settled Securities Purchased 5/5 Write Option Description BRL PUT USD CALL FX EUROPEAN STYLE OPTION JUN 04, 2010 @ 1.8 KI @ 1.92 WRITTEN FX OPTION PUT 18,000,000.00 BRL CALL 10,000,000.00 USD TRADE DATE 05/05/10 5/4 5/7 Purchase KINDER MORGAN ENERGY PARTNERSHIP L P UNIT OF LIMITED PARTNERSHIP INT @ 66.25 J.P. MORGAN SECURITIES INC. TRADE DATE 05/04/10 5/6 5/12 Purchase IMMUNOGEN INC @ 8.00 J.P. MORGAN SECURITIES INC. TRADE DATE 05/06/10 5/11 5/13 Write Option ENTRY REVERSED ON 05/27/2010 JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.50 CTS KI @ 81.50 WRITTEN FX OPTION CALL 95,000,000.00 JPY PUT 10,000,000.00 USD TRADE DATE 05/11/10 (95,000,000.000 ) 0.005 470,000.00 12,500.000 EFTA01534939 8.00 (100,000.00) 4,000.000 66.25 (265,000.00) Quantity (18,000,000.000 ) Per Unit Amount 0.006 Market Cost 102,000.00 Page 33 of 56 EFTA01534940 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/13 Type Settled Securities Purchased 5/11 Purchase Option Description JPY PUT USD CALL FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 PURCHASED FX OPTION PUT 935,000,000.00 JPY CALL 10,000,000.00 USD TRADE DATE 05/11/10 5/13 5/17 Purchase Option GBP PUT USD CALL FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.4425 PURCHASED FX OPTION PUT 6,932,409.00 GBP CALL 10,000,000.00 USD TRADE DATE 05/13/10 5/13 5/17 Write Option EUR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.4425 KI @ 1.63 WRITTEN FX OPTION CALL 6,932,409.00 EUR PUT 10,000,000.00 USD TRADE DATE 05/13/10 5/13 5/17 Purchase Option EUR PUT USD CALL FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.245 PURCHASED FX OPTION PUT 8,032,128.51 EUR CALL 10,000,000.00 USD TRADE DATE 05/13/10 8,032,128.510 EFTA01534941 0.062 (495,000.00) (6,932,409.000 ) 0.071 495,000.00 6,932,409.000 0.071 (495,000.00) Quantity 935,000,000.000 Per Unit Amount 0.001 Market Cost (470,000.00) Page 34 of 56 EFTA01534942 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/17 Type Settled Securities Purchased 5/13 Write Option Description EUR CALL USD PUT FX EUROPEAN STYLE OPTION MAY 13, 2011 @ 1.245 KI @ 1.38 WRITTEN FX OPTION CALL 8,032,128.51 EUR PUT 10,000,000.00 USD TRADE DATE 05/13/10 5/12 5/17 Purchase FORD MOTOR CREDIT CO 7 3/8% FEB 1 2011 DTD 1/30/2001 @ 102.85 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 05/12/10 5/13 5/18 Purchase RAMCO-GERSHENSON PROPERTIES TRUST @ 11.50 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 5/13 5/18 Purchase TELENAV INC @ 8.00 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 5/13 5/19 Purchase GETTY REALTY CORP @ 22.00 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 5/14 EFTA01534943 5/19 Purchase NUSTAR ENERGY LP @ 56.55 J.P. MORGAN SECURITIES INC. TRADE DATE 05/14/10 4,250.000 56.55 (240,337.50) 10,000.000 22.00 (220,000.00) 3,000.000 8.00 (24,000.00) 5,500.000 11.50 (63,250.00) 5,000,000.000 102.90 (5,142,500.00) Quantity (8,032,128.510 ) Per Unit Amount 0.062 Market Cost 495,000.00 Page 35 of 56 EFTA01534944 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/19 Type Settled Securities Purchased 5/13 Purchase Description SOLAR CAPITAL LTD @ 22.07 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 5/13 5/19 Purchase STRATEGIC HOTELS & RESORTS INC @ 4.60 J.P. MORGAN SECURITIES INC. TRADE DATE 05/13/10 4/22 5/24 Write Option 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.35% S 30/360 VS 3ML EXP DATE 05/24/2010 DEAL 5163005 WRITTEN OTC CALL TRADE DATE 04/22/10 AS OF 04/26/10 5/20 5/25 Purchase ACCRETIVE HEALTH INC @ 12.00 J.P. MORGAN SECURITIES INC. TRADE DATE 05/20/10 5/19 5/25 Purchase REACHLOCAL INC @ 13.00 J.P. MORGAN SECURITIES INC. TRADE DATE 05/19/10 5/19 5/25 Purchase RESOURCE CAPITAL CORP EFTA01534945 @ 5.25 J.P. MORGAN SECURITIES INC. TRADE DATE 05/19/10 5/19 5/25 Purchase VITAMIN SHOPPE INC @ 23.50 J.P. MORGAN SECURITIES INC. TRADE DATE 05/19/10 Page 36 of 56 2,000.000 23.50 (47,000.00) 6,400.000 5.25 (33,600.00) 1,500.000 13.00 (19,500.00) 1,500.000 12.00 (18,000.00) (1.000) 80,000.00 80,000.00 * 20,000.000 4.60 (92,000.00) Quantity 13,000.000 Per Unit Amount 22.07 Market Cost (286,910.00) EFTA01534946 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date Settlement Date 5/26 Type Settled Securities Purchased 5/24 Write Option Description 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.350% S 30/360 VS 3ML EXP DATE 07/26/2010 DEAL 5164984 WRITTEN OTC CALL NEW SWAPTION DEAL # 5164984 TRADE DATE 05/24/10 5/21 5/26 Purchase FORD MOTOR CREDIT CO LLC FLOATING RATE NOTE JUN 15 2011 DTD 03/15/2007 @ 100.00 JP MORGAN SECURITIES INC (BIDL) TRADE DATE 05/21/10 5/11 5/27 Write Option TO REVERSE ENTRY OF 05/13/2010 JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.50 CTS KI @ 81.50 WRITTEN FX OPTION CALL 95,000,000.00 JPY PUT 10,000,000.00 USD TRADE DATE 05/11/10 AS OF 05/13/10 5/11 5/27 Write Option JPY CALL USD PUT FX EUROPEAN STYLE OPTION MAY 11, 2011 @ 93.5 WRITTEN FX OPTION CALL 935,000,000.00 JPY PUT 10,000,000.00 USD TRADE DATE 05/11/10 EFTA01534947 AS OF 05/13/10 Total Settled Securities Purchased ($11,026,947.50) Page 37 of 56 (935,000,000.000 ) 0.001 470,000.00 95,000,000.000 0.005 (470,000.00) 5,000,000.000 100.00 (5,000,000.00) Quantity Per Unit Amount (1.000) 909,000.00 Market Cost 909,000.00 EFTA01534948 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Trade Date 5/28 Estimated Settlement Date 6/2 Type Pending Sales, Maturities, Redemptions Option Buyback Description 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.25% S 30/360 VS 3ML EXP DATE 05/28/2010 DEAL 5163369 Quantity 1.000 Per Unit Amount Proceeds (380,000.00) Tax Cost 113,000.00 Realized Gain/Loss (267,000.00) S Trade Date Estimated Settlement Date 6/2 Type Description Pending Securities Purchased 5/28 Write Option 1 RECEIVER SWAPTION CALL 10,000,000 INTEREST RATE SWAP STRIKE 4.25% S 30/360 VS 3ML EXP DATE 08/13/2010 DEAL 5166005 Quantity (1.000) Per Unit Amount Market Cost 545,000.00 Page 38 of 56 EFTA01534949 EFTA01534950 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - Canadian Dollar Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -9,534,047.18 $9,534,047.18 Foreign Exchange - Outflows Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - Canadian Dollar INFLOWS & OUTFLOWS Settlement Date Type Foreign Exchange - Inflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY CAD SELL JPY CONTRACT RATE : 91.600000000 TRADE 3/31/10 VALUE 5/20/10 Quantity (934,320,000.000 ) Amount USD Local Value 9,534,047.18 10,200,000.00 Currency Gain/Loss USD (519,671.51) (9,534,047.18) ($9,534,047.18) -Year-To-Date Value* -9,534,047.18 $9,534,047.18 (9,534,047.18) ($9,534,047.18) -Local Value EFTA01534951 Current Period Value 0.00 10,200,000.00 10,200,000.00 (10,200,000.00) (10,200,000.00) 0.00 Year-To-Date Value* -10,200,000.00 10,200,000.00 (10,200,000.00) (10,200,000.00) -Page 39 of 56 EFTA01534952 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settlement Date Type Foreign Exchange - Outflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL CAD CONTRACT RATE : 93.350000000 TRADE 4/14/10 VALUE 5/20/10 Quantity 952,170,000.000 Amount USD Local Value (9,534,047.18) (10,200,000.00) Currency Gain/Loss USD 658,855.36 Page 40 of 56 EFTA01534953 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - Euro Beginning Cash Balance Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -692,303.92 $692,303.92 Foreign Exchange - Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance * Year to date information is calculated on a calendar year basis. (692,985.49) 16,724.50 ($676,260.99) -(692,985.49) 16,724.50 ($676,260.99) -(545,250.00) 13,000.00 (532,250.00) 0.00 (545,250.00) 13,000.00 (532,250.00) -(16,668.60) ($16,668.60) US Dollar Value Local Value Year-To-Date Value* -692,303.92 $692,303.92 (16,668.60) ($16,668.60) Current Period Value 0.00 545,250.00 EFTA01534954 545,250.00 (13,000.00) (13,000.00) Year-To-Date Value* -545,250.00 545,250.00 (13,000.00) (13,000.00) Page 41 of 56 EFTA01534955 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Detail - Euro INFLOWS & OUTFLOWS Settlement Date 5/10 Type Foreign Exchange - Inflows Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY EUR SELL USD EXCHANGE RATE 1.269700000 DEAL 05/06/10 VALUE 05/10/10 Quantity (692,303.920) Amount USD Local Value 692,303.92 545,250.00 Currency Gain/Loss USD Settlement Date 5/7 Type Description Foreign Exchange - Outflows Spot FX SPOT CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.282200000 DEAL 05/05/10 VALUE 05/07/10 Quantity 16,668.600 Amount USD Local Value (16,668.60) (13,000.00) Gain/Loss USD (55.90) Currency Page 42 of 56 EFTA01534956 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 TRADE ACTIVITY - Euro Note: Trade Date 5/6 Settlement Date 5/10 C indicates Currency Gain/Loss Per Unit Type Settled Sales/Maturities/Redemptions Sell Option Description PLN CALL EUR PUT FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 RESALE OF PURCHASED FX OPTION TRADE DATE 05/06/10 5/6 5/10 Option Buyback PLN PUT EUR CALL FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 CTS KI @ 4.49 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 05/06/10 Total Settled Sales/Maturities/Redemptions (USD) Per Unit Trade Date Settlement Date 5/7 Type Settled Securities Purchased 5/5 Purchase Option Description EUR PUT USD CALL FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.28 PURCHASED FX OPTION PUT 10,000,000.00 EUR CALL 12,800,000.00 USD TRADE DATE 05/05/10 Page 43 of 56 Quantity EFTA01534957 10,000,000.000 Amount USD Local Value 0.028 2.15 ($692,985.49) Market Cost USD Local Value (276,597.42) (215,000.00) Currency Gain/Loss USD $0.00 ($692,985.49) C 29,250,000.000 0.028 (816,903.11) (642,750.00) 324,085.73 240,750.00 (492,817.38) C Quantity (29,250,000.000 ) Amount USD Local Value 0.004 Proceeds USD Local Value 123,917.62 97,500.00 Tax Cost USD Realized Local Value Gain/Loss USD (324,085.73) (240,750.00) (200,168.11) C EFTA01534958 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Per Unit Trade Date Settlement Date 5/7 Type Settled Securities Purchased 5/5 Write Option Description EUR PUT USD CALL FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.24 WRITTEN FX OPTION PUT 10,000,000.00 EUR CALL 12,400,000.00 USD TRADE DATE 05/05/10 5/5 5/7 Write Option EUR CALL USD PUT FX EUROPEAN STYLE OPTION JUL 15, 2010 @ 1.32 WRITTEN FX OPTION CALL 10,000,000.00 EUR PUT 13,200,000.00 USD TRADE DATE 05/05/10 5/6 5/10 Sale PLN PUT EUR CALL FX EUROPEAN STYLE OPTION APR 20, 2011 @ 3.9 CTS KI @ 4.49 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 05/06/10 Total Settled Securities Purchased (USD) $16,724.50 $681.57 (642,750.000) 681.57 (10,000,000.000 ) 0.016 1.23 158,239.46 123,000.00 Quantity (10,000,000.000 ) EFTA01534959 Amount USD Local Value 0.014 1.05 Market Cost USD Local Value 135,082.46 105,000.00 Currency Gain/Loss USD Page 44 of 56 EFTA01534960 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - Japanese Yen Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -20,841,850.77 $20,841,850.77 Foreign Exchange - Outflows Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - Japanese Yen INFLOWS & OUTFLOWS Settlement Date Type Foreign Exchange - Inflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL CAD CONTRACT RATE : 93.350000000 TRADE 4/14/10 VALUE 5/20/10 Quantity (10,200,000.000 ) Amount USD Local Value 10,632,237.13 952,170,000.00 Currency Gain/Loss USD 439,334.59 (20,841,850.77) ($20,841,850.77) -Year-To-Date Value* -20,841,850.77 $20,841,850.77 (20,841,850.77) ($20,841,850.77) -Local Value EFTA01534961 Current Period Value 0.00 1,868,168,998.48 1,868,168,998.48 (1,868,168,998.48 ) (1,868,168,998.48 ) 0.00 Year-To-Date Value* -1,868,168,998.48 1,868,168,998.48 (1,868,168,998.48 ) (1,868,168,998.48 ) -Page 45 of 56 EFTA01534962 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settlement Date Type Foreign Exchange - Inflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL KRW CONTRACT RATE : 11.982000000 TRADE 4/14/10 VALUE 5/20/10 5/21 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL KRW CONTRACT RATE : 11.982000000 TRADE 4/14/10 VALUE 5/21/10 Total Foreign Exchange - Inflows Settlement Date $20,841,850.77 Type Foreign Exchange - Outflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL JPY CONTRACT RATE : 93.494900000 TRADE 4/14/10 VALUE 5/20/10 5/20 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL JPY CONTRACT RATE : 93.335900000 TRADE 4/14/10 VALUE 5/20/10 5/20 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY CAD SELL JPY CONTRACT RATE : 91.600000000 TRADE 3/31/10 VALUE 5/20/10 10,200,000.000 (10,432,918.28) (934,320,000.00) (379,199.59) 191,244.620 (199,318.85) (17,850,000.00) EFTA01534963 (8,074.23) Quantity 171,121.600 Amount USD Local Value (178,649.97) (15,998,998.50) $843,253.33 Currency Gain/Loss USD (7,528.37) (5,487,750,000.000 ) 5,095,443.61 457,999,499.24 192,596.16 Quantity (5,487,750,000.000 ) Amount USD Local Value 5,114,170.03 457,999,499.24 Currency Gain/Loss USD 211,322.58 Page 46 of 56 EFTA01534964 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settlement Date Type Foreign Exchange - Outflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY KRW SELL JPY CONTRACT RATE : 12.195000000 TRADE 3/31/10 VALUE 5/20/10 5/21 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY KRW SELL JPY CONTRACT RATE : 12.195000000 TRADE 3/31/10 VALUE 5/21/10 Total Foreign Exchange - Outflows ($20,841,850.77) ($725,380.98) 5,487,750,000.000 (5,006,118.62) (449,999,999.98) (155,926.18) Quantity 5,487,750,000.000 Amount USD Local Value (5,024,845.05) (450,000,000.00) Currency Gain/Loss USD (174,652.61) Page 47 of 56 EFTA01534965 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - Pound Sterling Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -170,994.60 $170,994.60 Foreign Exchange - Outflows $0.00 TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance * Year to date information is calculated on a calendar year basis. (171,872.89) ($171,872.89) -(171,872.89) 163,465.02 ($8,407.87) -(114,800.00) (114,800.00) 0.00 (114,800.00) 105,700.00 (9,100.00) -Year-To-Date Value* -170,994.60 $170,994.60 (163,147.95) ($163,147.95) Local Value Current Period Value 0.00 114,800.00 114,800.00 Year-To-Date Value* -114,800.00 EFTA01534966 114,800.00 0.00 (105,700.00) (105,700.00) Page 48 of 56 EFTA01534967 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Detail - Pound Sterling INFLOWS & OUTFLOWS Settlement Date 5/10 Type Foreign Exchange - Inflows Spot FX Description SPOT CURRENCY TRANSACTION - BUY BUY GBP SELL USD EXCHANGE RATE 1.489500000 DEAL 05/06/10 VALUE 05/10/10 Quantity (170,994.600) Amount USD Local Value 170,994.60 114,800.00 Currency Gain/Loss USD TRADE ACTIVITY - Pound Sterling C indicates Currency Gain/Loss Note: Per Unit Trade Date 5/6 Settlement Date 5/10 Type Settled Sales/Maturities/Redemptions Option Buyback Description NOK CALL GBP PUT FX EUROPEAN STYLE OPTION JUL 26, 2010 @ 9.04 KNOCK-IN AT 8.775 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 05/06/10 Quantity 63,280,000.000 Amount USD Local Value 0.003 Proceeds USD Local Value (171,872.89) EFTA01534968 (114,800.00) Tax Cost USD Realized Local Value Gain/Loss USD 163,465.02 105,700.00 (8,407.87) C Page 49 of 56 EFTA01534969 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Per Unit Trade Date 5/6 Settlement Date 5/10 Type Settled Securities Purchased Sale Description NOK CALL GBP PUT FX EUROPEAN STYLE OPTION JUL 26, 2010 @ 9.04 KNOCK-IN AT 8.775 REPURCHASE OF WRITTEN FX OPTION TRADE DATE 05/06/10 Quantity (114,800.000) Amount USD Local Value Market Cost USD Local Value Currency Gain/Loss USD 878.29 Page 50 of 56 EFTA01534970 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Portfolio Activity Summary - South Korean Won Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows OUTFLOWS Total Outflows Period Value -9,189,132.42 $9,189,132.42 Foreign Exchange - Outflows Ending Cash Balance * Year to date information is calculated on a calendar year basis. Portfolio Activity Detail - South Korean Won INFLOWS & OUTFLOWS Settlement Date Type Foreign Exchange - Inflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY KRW SELL JPY CONTRACT RATE : 12.195000000 TRADE 3/31/10 VALUE 5/20/10 Quantity (450,000,000.000 ) Amount USD Local Value 4,594,566.21 5,487,750,000 00 Currency Gain/Loss USD (255,626.23) (9,189,132.42) ($9,189,132.42) -Year-To-Date Value* -9,189,132.42 $9,189,132.42 (9,189,132.42) ($9,189,132.42) -Local Value EFTA01534971 Current Period Value 0.00 10,975,500,000.00 10,975,500,000.00 (10,975,500,000.00 ) (10,975,500,000.00 ) 0.00 Year-To-Date Value* -10,975,500,000.00 10,975,500,000.00 (10,975,500,000.00 ) (10,975,500,000.00 ) -Page 51 of 56 EFTA01534972 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settlement Date Type Foreign Exchange - Inflows 5/21 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY KRW SELL JPY CONTRACT RATE : 12.195000000 TRADE 3/31/10 VALUE 5/21/10 Total Foreign Exchange - Inflows Settlement Date $9,189,132.42 Type Foreign Exchange - Outflows 5/20 Forward FX Contract Description SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL KRW CONTRACT RATE : 11.982000000 TRADE 4/14/10 VALUE 5/20/10 5/21 Forward FX Contract SETTLE FORWARD CURRENCY CONTRACT BUY JPY SELL KRW CONTRACT RATE : 11.982000000 TRADE 4/14/10 VALUE 5/21/10 Total Foreign Exchange - Outflows ($9,189,132.42) $616,562.48 457,999,499.240 (4,594,566.21) (5,487,750,000.00 ) 308,281.24 Quantity 457,999,499.240 Amount USD Local Value (4,594,566.21) (5,487,750,000.00 ) ($511,252.46) Currency Gain/Loss USD 308,281.24 Quantity (450,000,000.000 ) EFTA01534973 Amount USD Local Value 4,594,566.21 5,487,750,000.00 Currency Gain/Loss USD (255,626.23) Page 52 of 56 EFTA01534974 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related EURO U S DOLLAR EURO U S DOLLAR POUND STERLING U S DOLLAR Speculative JAPANESE YEN U S DOLLAR JAPANESE YEN U S DOLLAR CANADIAN DOLLAR JAPANESE YEN CANADIAN DOLLAR JAPANESE YEN JAPANESE YEN SOUTH KOREAN WON JAPANESE YEN SOUTH KOREAN WON JAPANESE YEN SOUTH KOREAN WON JAPANESE YEN SOUTH KOREAN WON Apr. 14 10 May. 20 10 Apr. 14 10 May. 20 10 Mar. 31 10 May. 20 10 Apr. 14 10 May. 20 10 Mar. 31 10 May. 20 10 Apr. 14 10 May. 20 10 Mar. 31 10 May. 21 10 Apr. 14 10 May. 21 10 JPY USD JPY USD CAD EFTA01534975 JPY (15,998,998.50) 171,121.60 (17,850,000.00) 191,244.62 10,200,000.00 JPY (934,320,000.00) CAD (10,200,000.00) 952,170,000.00 JPY (450,000,000.00) KRW 5,487,750,000.00 JPY 457,999,499.24 KRW (5,487,750,000.00 ) JPY (450,000,000.00) KRW 5,487,750,000.00 457,999,499.24 JPY KRW (5,487,750,000.00 ) Page 53 of 56 93.494900 93.335900 91.600000 93.350000 12.195000 11.982000 12.195000 11.982000 89.555002 89.555002 0.009976 104.102625 11.150739 0.092897 11.192451 0.092557 171,121.60 191,244.62 (10,432,918.28) 10,632,237.13 4,594,566.21 (4,594,566.21) 4,594,566.21 (4,594,233.31) (178,649.97) (199,318.85) 9,534,047.18 (9,534,047.18) (5,024,845.05) 5,114,170.03 EFTA01534976 (5,006,118.62) 5,095,110.71 (7,528.37) (8,074.23) (898,871.10) 1,098,189.95 (430,278.84) 519,603.82 (411,552.41) 500,877.40 May. 5 10 May. 7 10 May. 6 10 May. 10 10 May. 6 10 May. 10 10 EUR USD EUR USD GBP USD Amount Counter Amount Contract Rate Revaluation Rate (13,000.00) 16,668.60 545,250.00 (692,303.92) 114,800.00 (170,994.60) 1.282200 1.269700 1.489500 1.286500 1.269700 1.489500 Contracted Base Amount USD 16,668.60 (692,303.92) (170,994.60) Revalued Amount USD (16,724.50) 692,303.92 170,994.60 Currency G/L (55.90) EFTA01534977 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 In Case of Errors or Questions About Your Electronic Transfers. Contact your J.P. Morgan Team at one of the telephone numbers on the front of this statement or write us at 500 Stanton Christiana Road, 1/OPS, 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 in error or why you need more information. (3) tell us the dollar amount of the suspected error. If you contact us orally, you must send us your complaint or question in writing within 10 business days in order to preserve your rights. We will investigate your complaint and will correct any error promptly. If we take more than 10 business days to do this (20 days for purchases using your debit card or for international transactions), we will credit your account for the amount you think is in error, so that you will have the use of money during the time it takes us to complete our investigation. In case of errors or questions about your statement, including your line of credit. If you think that your statement is incorrect or if you need more information about a transaction on your statement including a line of credit transaction, you must write to us on a separate sheet describing the error and send it to: J.P. Morgan's Private Bank, 500 Stanton Christiana Road, 1/OPS3, Newark, DE 19713-2107. We must hear from you no later than 60 days after the statement on which the error or problem appeared is sent. You can contact your client service specialist but doing so will not preserve your rights. Please review your account statement and promptly report any inaccuracy or discrepancy including possible unauthorized trading activity, unrecorded dividend payments, and unaccounted cash positions in writing to both the introducing broker, JPMSI and the clearing firm, JPMCC at the addresses shown on your statement. 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 JPMSI Account Representative or JPMSI Compliance Department at (212) 483-2323. In your letter, 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. Important Information about Pricing and Valuations Certain assets including but not limited to, pooled private investments, non- publicly traded and infrequently traded securities, derivatives, partnership interests and tangible assets are generally illiquid, the value of which may have been provided to us by third parties who may not EFTA01534978 be independent of the issuer or manager. Such information is reflected as of the last date provided to us, and is not independently verified. Prices, some of which are provided by pricing services or other sources which we deem reliable, are not guaranteed for accuracy or as realizable values. Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein has been obtained from sources that J.P. Morgan believes to be reliable and is furnished for the exclusive use of the client. J.P. Morgan makes no representation, warranty or guarantee, express or implied, that any quoted value represents 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 or securities could be liquidated. 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 current value for Real Estate, Mineral Interests and Miscellaneous Assets may not reflect the most current value of the asset. Valuations of over-the-counter derivative transactions, including certain derivatives-related deposit products, have been prepared on a mid-market basis. These valuations are indicative values as of the Page 54 of 56 EFTA01534979 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 close of business of the date of this statement and, except as otherwise agreed in writing, these valuations 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 or securities could be liquidated as of the date of this statement. We do not warrant their completeness or accuracy. These valuations are derived from proprietary models based upon well-recognized financial principles and we have, when necessary to calculate the present value of future cash flows, made reasonable estimates about relevant future market conditions. Valuations based on other models or different assumptions may yield different results. 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. Please review your statement promptly and report any discrepancies immediately to an account officer whose name appears on the contact page of this statement. This statement is not an official document for income tax reporting purposes. 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 Account (TD F 90-22.1). 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. Where J.P. Morgan was unable to obtain a price from an outside service for a particular ARS, the price column on your statement and online will indicate "$0.00" which however should not be relied on as the price at which ARS would trade. Additional Information About Your Accounts Securities purchased or sold through JPMSI (1) other than mutual funds, are cleared through J.P.Morgan Clearing Corp. ("JPMCC"), an affiliate of 3PMSI, and (2) other than exchange-listed options, are held in your Asset Account at JPMorgan Chase Bank, N.A. Positions in exchange-listed options are held by 3.P.Morgan Clearing Corp. and are not delivered to or from your Asset Account. For EFTA01534980 your convenience, however, positions in exchange-listed options are presented in this Asset Account statement together with other assets held in that account. All pertinent information about your settled and pending purchases and sales effected through your JPMSI account during the period covered by this statement, is summarized in the "Trade Activity" portion of this statement. You should have received 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 to you. Upon written request, JPMSI will promptly supply you with the latest such information. Shareholders of certain JPMorgan Funds are charged a redemption fee equal to 2% of the proceeds if they exchange or redeem shares of such funds within 60 days of purchase, subject to certain exceptions set forth in the prospectus of the applicable Fund. Please consult your J.P. Morgan representative for a list of the JPMorgan Funds that impose redemption fees. JPMCC and JPMSI 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 JPMSI and JPMCC are protected by SIPC up to $500,000 per customer, which includes up to $100,000 of protection for cash. SIPC does not protect against losses from fluctuations in the value of the securities. Assets held in custody by JPMorgan Chase Bank, N.A. (the "Bank") 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. To the extent applicable, please read the following disclosures 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. Page 55 of 56 EFTA01534981 FINANCIAL TRUST COMPANY INC ACCT. For the Period 5/1/10 to 5/31/10 JPMSI, JPMCB or their affiliates (the "J.P. Morgan Companies") may provide administrative, custodial, sales, distribution or shareholder services to JPMorgan Funds, American Century Funds, or funds established, sponsored, advised, or managed by third parties, and the J.P. Morgan Companies may be compensated for such services. 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. Bank products and services are offered through JPMCB and its affiliates. Securities are offered by JPMSI and, to the extent noted above, cleared through JPMCC. If a partial call is made with respect to an issue of securities included in your Account we will allocate the call by a method we deem fair and equitable. You must promptly advise JPMSI of material changes in your investment objectives or financial situation. Unless you inform JPMSI otherwise, JPMSI will consider the information currently in its files to be complete and accurate. JPMSI is not a bank and is a separate legal entity from its bank or thrift affiliates, including JPMCB. The securities sold, offered, or recommended by JPMSI: (1) Are not insured by the Federal Deposit Insurance Corporation, or any other governmental agency; (2) Are not deposits or other obligations of JPMSI's bank or thrift affiliates (unless otherwise indicated), and are not guaranteed by or the responsibility of any such affiliates (unless explicitly stated otherwise); and (3) Involve investment risks, including possible loss of the principal invested. JPMSI's banking affiliates may be lenders to issuers of securities that JPMSI underwrites, in which case proceeds of offerings underwritten by JPMSI may be used for the repayment of such loans, and you should refer to the disclosure documents relating to particular securities for discussion of any such lending relationships. The Federal Reserve requires that JPMSI obtain your consent before it can obtain certain information from its bank or thrift affiliates, including their credit evaluation of you. We will assume that your continuing to transact business with JPMSI will constitute your consent to the sharing of such information by JPMSI and its bank or thrift affiliates, to the extent permitted by law. Page 56 of 56 EFTA01534982