EFTA01539756.pdf

HARRY BELLER C/O HBRK ASSOCIATES 301 E 66TH ST APT 10F NEW YORK NY 10065-6216 EFTA01539756 EFTA01539757 For the Period 6/1/12 to 6/30/12 Account Summary Account Number Investment Account(s) FINANCIAL TRUST COMPANY INC FINANCIAL TRUST COMPANY INC Total Value 1 2 Beginning Net Market Value 68,985,360.47 307,853.80 $69,293,214.27 Ending Net Market Value 70,484,742.51 304,267.12 $70,789,009.63 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 3PMS. 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 1,499,382.04 (3,586.68) $1,495,795.36 Start on Page 4 38 0000005372.15.0.15.00001.BELLE18.20120703 Consolidated Statement Page 1 EFTA01539758 EFTA01539759 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01539760 For the Period 6/1/12 to 6/30/12 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 29,092,549.20 2,503,366.21 37,061,761.89 $68,657,677.30 635,536.97 $69,293,214.27 Ending Market Value 25,252,397.14 (1,343,087.25) 46,183,973.38 $70,093,283.27 695,726.36 $70,789,009.63 Change In Value (3,840,152.06) (3,846,453.46) 9,122,211.49 $1,435,605.97 60,189.39 $1,495,795.36 Estimated 895,141.63 Current Annual Income Allocation 36% 2,502,634.24 $3,397,775.87 64% 100% Equity Cash & Fixed Income Asset Allocation Current Portfolio Activity Beginning Market Value Net Contributions/Withdrawals EFTA01539761 Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 68,657,677.30 (24.84) 19,395.78 1,416,235.03 $70,093,283.27 695,726.36 $70,789,009.63 Year-to-Date Value 69,562,571.76 (15,839.54) 1,301,566.25 (755,015.20) $70,093,283.27 695,726.36 $70,789,009.63 This Consolidated Summary shows all of your investments at J.P. Morgan other than investments we hold in trust for you. These investments may be held in custody or investment management account at JPMorgan Chase Bank, N.A. (the "Bank") or in a brokerage or margin account at J.P. Morgan Clearing Corp. ("JPMCC"). Brokerage and margin accounts are non-discretionary and all investment decisions are made by the client. J.P. Morgan Securities LLC ("JPMS") does not provide advice on asset allocation or investment management services, nor do its personnel take discretion over any client accounts. Such advice and services are provided exclusively by the Bank. Consolidated Statement Page 2 EFTA01539762 For the Period 6/1/12 to 6/30/12 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 Account Number Beginning Market Value 69,262,768.82 299,802.94 $69,562,571.76 Taxable Income 1,302,571.21 (1,004.96) $1,301,566.25 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Net Contributions/ Withdrawals (15,690.52) (149.02) ($15,839.54) Tax-Exempt Income Other Income & Receipts Income & Distributions 1,302,571.21 (1,004.96) $1,301,566.25 Change in Investment Value (760,633.36) 5,618.16 ($755,015.20) Realized Gain/Loss EFTA01539763 Short-term (450,100.77) ($450,100.77) Long-term 3,317,644.46 (5.94) $3,317,638.52 Ending Market Value with Accruals 70,484,742.51 304,267.12 $70,789,009.63 Unrealized Gain/Loss, (3,060,627.44) 10,406.82 ($3,050,220.62) CONTINUED Consolidated Statement Page 3 EFTA01539764 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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). Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 9 12 20 Account Page 1 of 34 Consolidated Statement Page 4 EFTA01539765 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 29,109,154.20 2,503,366.21 36,737,303.09 $68,349,823.50 635,536.97 $68,985,360.47 Ending Market Value 25,272,558.04 (1,343,087.25) 45,859,545.36 $69,789,016.15 695,726.36 $70,484,742.51 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 $0.00 19,395.78 1,419,796.87 $69,789,016.15 695,726.36 $70,484,742.51 Period Value 68,349,823.50 Change In Value (3,836,596.16) (3,846,453.46) 9,122,242.27 EFTA01539766 $1,439,192.65 60,189.39 $1,499,382.04 Equity Year-to-Date Value 69,262,768.82 1,028,454.65 (16,232.41) (1,027,912.76) ($15,690.52) 1,302,571.21 (760,633.36) $69,789,016.15 695,726.36 $70,484,742.51 Estimated 897,691.75 Current Annual Income Allocation 36% 2,502,634.24 $3,400,325.99 64% 100% Cash & Fixed Income Asset Allocation Account Page 2 of 34 Consolidated Statement Page 5 EFTA01539767 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 (74,761.93) 40,459.40 (8,389.56) $19,395.78 Year-to-Date Value 430,318.75 39,863.24 215,605.40 714,195.51 6,996.06 (104,407.75) $1,302,571.21 Unrealized Gain/Loss To-Date Value ($3,060,627.44) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value (909,112.44) 3,111,537.06 $2,202,424.62 Year-to-Date Value (450,100.77) 3,317,644.46 $2,867,543.69 Cost Summary Equity Cash & Fixed Income Total 45,450,807.06 Cost EFTA01539768 28,435,628.91 $73,886,435.97 Account Page 3 of 34 Consolidated Statement Page 6 EFTA01539769 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 9,049,906.20 445,000.00 7,829,230.00 11,785,018.00 $29,109,154.20 Ending Market Value 12,491,408.45 559,500.00 4,363,865.00 7,857,784.59 $25,272,558.04 Current Period Value 25,272,558.04 28,435,628.91 (2,043,105.46) 897,691.75 107,437.77 3.53% Concentrated & Other Equity Equity as a percentage of your portfolio - 36 % Change In Value 3,441,502.25 114,500.00 (3,465,365.00) (3,927,233.41) ($3,836,596.16 ) Current Allocation 18% 1% EFTA01539770 6% 11% 36% US Large Cap Equity US Small/Mid Cap Equity Preferred Stocks Asset Categories Account Page 4 of 34 Consolidated Statement Page 7 EFTA01539771 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 04033A-10-0 ARIA 144.38 09062X-10-3 BIIB DB CONT BUFF EQ MS 08/07/12 25% CONTIN BARRIER- 13%CPN 30% CAP INITIAL LEVEL-07/15/11 MS:21.09 2515A1-A7-6 FACEBOOK INC-A 30303M-10-2 FB GS CONT BUFF EQ SPX 7/9/13 80% CONTIN BARRIER- 10.5%CPN 15% CAP INITIAL LEVEL-6/20/12 SPX:1355.69 38143U-Z9-5 HSBC MARKET PLUS SPX 05/17/13 72% KO BARRIER- 0%CPN ,UNCAPPED INITIAL LEVEL-02/14/12 SPX:1350.50 4042K1-XQ-1 99.38 5,000,000.000 4,969,000.00 5,000,000.00 (31,000.00) 31.10 100.22 35,000.000 3,000,000.000 1,088,325.00 3,006,570.00 1,330,000.00 3,000,000.00 (241,675.00) 6,570.00 68.89 EFTA01539772 1,000,000.000 688,870.00 1,000,000.00 (311,130.00) 2,095.000 302,476.10 250,454.95 52,021.15 17.21 16,535.000 284,567.35 251,475.52 33,091.83 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield Account Page 5 of 34 Consolidated Statement Page 8 EFTA01539773 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 6/1/12 to 6/30/12 Price US Large Cap Equity SG MARKET PLUS SPX 02/07/13 75% CONTIN BARRIER- 6.25%CPN ,UNCAPPED INITIAL LEVEL-08/03/11 SPX:1,260.34 78423A-2Y-7 Total US Large Cap Equity $12,491,408.45 $12,831,930.47 ($340,522.02) $0.00 0.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 107.58 2,000,000.000 2,151,600.00 2,000,000.00 151,600.00 US Mid Cap Equity P ENERGY TRANSFER PARTNERS L P 29273R-10-9 ETP US Small/Mid Cap Equity DEUTSCHE BK AG LDN BRH DBL LONG ETN38 25154H-55-8 DAG Emerging Market Equity P CENCOSUD SA-SPONSORED ADR 15132H-40-8 CNCO 44.19 0.00 8.09% 11.19 50,000.000 559,500.00 352,529.00 206,971.00 16.46 0.00 Account Page 6 of 34 Consolidated Statement Page 9 EFTA01539774 EFTA01539775 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Price Preferred Stocks ANNALY CAPITAL MGMT PFD 7 5/8% 035710-70-6 NLY BARCLAYS BANK PLC PFD SHS SER 5 8 1/8% 06739H-36-2 BCS PDAA /P-2 CITIGROUP CAPITAL XIII 7 7/8% PFD 173080-20-1 C PNNA /BA1 P ENTERGY LOUISIANA LLC PFD 5 1/4% 29364W-50-4 GMAC CAPITAL TRUST I PFD STK 8 1/8% 361860-20-8 Total Preferred Stocks $4,363,865.00 $4,260,339.10 $103,525.90 $334,066.75 $40,507.77 Concentrated & Other Equity 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 109.63 5,000,000.000 5,481,450.00 5,404,861.12 76,588.88 395,000.00 66,930.00 7.15% 7.65% 24.05 80,000.000 1,924,000.00 1,882,773.60 41,226.40 162,480.00 8.44% 25.00 EFTA01539776 25,000.000 625,000.00 625,000.00 32,800.00 5.25% 27.29 30,000.000 818,700.00 750,000.00 68,700.00 59,070.00 7.22% 25.38 39,250.000 996,165.00 1,002,565.50 (6,400.50) 79,716.75 8.00% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 0.00 40,507.77 33.20 71,000.000 2,357,200.00 3,585,969.22 (1,228,769.22) 168,625.00 7.15% Account Page 7 of 34 Consolidated Statement Page 10 EFTA01539777 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 MS MARKET PLUS TEF SM 7/26/12 75% CONTIN BARRIER-25.5%CPN ,UNCAPPED INITIAL LEVEL-1/13/11 TEF: 17.69 617482-QR-8 Total Concentrated & Other Equity $7,857,784.59 $10,990,830.34 ($2,013,080.34) $563,625.00 $66,930.00 7.13% 56.96 2,000,000.000 1,139,100.00 2,000,000.00 (860,900.00) Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 126.41 8,860.000 (1,119,965.41) N/A ** N/A Account Page 8 of 34 Consolidated Statement Page 11 EFTA01539778 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Alternative Assets Summary Beginning Asset Categories Hard Assets Note: Estimated Value 2,503,366.21 P indicates position adjusted for Pending Trade Activity. Alternative Assets Detail Original Commitment Amount Private Investments P EQT MIDSTREAM PARTNERS LP 26885B-10-0 EQM 0.00 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). Net Capital Called Since Inception Net Distributions Since Inception Estimated Value EFTA01539779 Ending Estimated Value (1,343,087.25) Change In Value (3,846,453.46) Current Allocation Account Page 9 of 34 Consolidated Statement Page 12 EFTA01539780 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Quantity/Original Commitment Amount Real Estate & Infrastructure P DIGITAL REALTY TRUST INC 253868-10-3 DLR 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. Accrued Div. Yield 0.00 3.89% Price Quantity Hard Assets BRT CALL OPTION USD PUT OPTION EFTA01539781 STRIKE 140.00 EXPIRING 08/13/2012 250,000 BARRELS OTCBDC-JZ-N Estimated Value Cost 56.41 250.000 14,102.30 200,000.00 Account Page 10 of 34 Consolidated Statement Page 13 EFTA01539782 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 6/1/12 to 6/30/12 Price Hard Assets BRT PUT OPTION USD CALL OPTION STRIKE 100.00 EXPIRING 08/13/2012 250,000 BARRELS OTCBDP-JN-G P JPM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 48124A-WK-9 Total Hard Assets ($1,343,087.25) $63,750.00 180.56 0.00 Quantity Estimated Value Cost 10,857.52 (125.000) (1,357,189.55) (136,250.00) Account Page 11 of 34 Consolidated Statement Page 14 EFTA01539783 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 3,454,497.66 1,035,388.28 29,121,245.78 980,620.90 2,161,918.24 (16,367.77) $36,737,303.09 Ending Market Value 10,607,520.61 1,062,687.15 31,409,050.49 1,019,648.00 1,741,216.08 19,423.03 $45,859,545.36 Current Period Value 45,859,545.36 45,450,807.06 389,315.27 2,502,634.24 588,288.59 6.01% Cash & Fixed Income as a percentage of your portfolio 64 % Change In Value 7,153,022.95 27,298.87 2,287,804.71 39,027.10 EFTA01539784 (420,702.16) 35,790.80 $9,122,242.27 Current Allocation 15% 1% 44% 1% 2% 1% 64% Foreign Exchange Contracts Non-US Fixed Income Non-USD Cash US Fixed Income Complementary Structured Strategies Cash Asset Cate ories Account Page 12 of 34 Consolidated Statement Page 15 EFTA01539785 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 14,868,793.84 14,630,341.60 2,649,343.50 13,691,643.39 $45,840,122.33 % of Bond Portfolio 39% 29% 5% 27% 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 10,607,520.61 1,062,687.15 20,564,121.60 3,632,451.50 5,326,655.39 1,741,216.08 2,905,470.00 $45,840,122.33 % of Bond Portfolio 21% EFTA01539786 2% 52% 7% 10% 3% 5% 100% Account Page 13 of 34 Consolidated Statement Page 16 EFTA01539787 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Cash & Fixed Income Summary NET FX CONTRACTS EXPOSURE SUMMARY Value in Currency MEXICAN NEW PESO US DOLLAR 12,900,000.00 (939,206.41) Note: P indicates position adjusted for Pending Trade Activity. Cash & Fixed Income Detail Price Cash US DOLLAR COST OF PENDING PURCHASES PROCEEDS FROM PENDING SALES Total Cash 1.00 1.00 1.00 8,876,148.08 (3,056,263.50 ) 4,787,636.03 8,876,148.08 (3,056,263.50) 4,787,636.03 $10,607,520.61 8,876,148.08 (3,056,263.50) 4,787,636.03 $10,607,520.61 $0.00 $887.61 $66.03 0.01% 887.61 66.03 0.01% 1 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield This is the Annual Percentage Yield (APY) which is the rate earned if EFTA01539788 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. Account Page 14 of 34 Consolidated Statement Page 17 EFTA01539789 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Price Non-USD Cash CANADIAN DOLLAR EURO PRINCIPAL CURRENCY Total Non-USD Cash Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 0.98 1.27 0.01 0.01 837,388.58 1,062,687.14 $1,062,687.15 0.01 1,099,726.08 $1,099,726.09 (37,038.94) ($37,038.94) $0.00 0.00% US Fixed Income ALLY FINANCIAL INC 22.95 8 1/2% PFD 02005N-30-8 NA /CAA AMERICAN CAPITAL LTD 8.96% DEC 31 2013 DTD 06/28/2010 02503Y-AF-0 B /NA ROYAL BANK SCOTLAND GRP PLC 5.05% JAN 08 2015 DTD 12/08/2004 780097-AP-6 BB+ /BA3 HCA INC 6 1/2% FEB 15 2016 DTD 2/8/2006 404119-AR-0 B- /B3 CIT GROUP INC 144A 7% MAY 02 2016 JUN 15 2011 125581-FZ-6 BB- /B1 EFTA01539790 100.25 5,000,000.00 5,012,500.00 4,725,000.00 287,500.00 99.85 1,000,000.00 998,460.00 966,000.00 32,460.00 50,500.00 24,268.00 107.75 1,500,000.00 1,616,250.00 1,530,000.00 86,250.00 97,500.00 36,832.50 350,000.00 49,580.00 5.12% 100.61 2,000,000.00 2,012,200.00 2,031,000.00 (18,800.00) 159,200.00 442.00 7.53% 126,600.00 2,905,470.00 2,782,242.51 123,227.49 268,392.00 9.24% 4.17% 6.92% Account Page 15 of 34 Consolidated Statement Page 18 EFTA01539791 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 6/1/12 to 6/30/12 Price US Fixed Income AMERICAN AXLE & MFG INC 7 7/8% MAR 1 2017 DTD 2/27/2007 02406P-AF-7 B /B2 CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 125581-GA-0 BB- /B1 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 SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 81743P-AH-9 AA+ /B2 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 172973-P9-4 NA /NR BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 05950M-AF-7 CC /CA Account Page 16 of 34 Consolidated Statement Page 19 63.59 2,459,655.51 1,564,094.94 1,598,776.09 (34,681.15) 12,882.44 159.87 8.89% 74.65 2,072,272.23 1,546,918.06 1,719,985.95 (173,067.89) 112,325.44 9,360.45 EFTA01539792 12.00% 63.51 1,758,529.38 1,116,780.46 1,055,117.62 61,662.84 27,499.00 184.64 9.30% 107.62 1,500,000.00 1,614,343.50 1,627,500.00 (13,156.50) 148,125.00 80,233.50 8.65% 103.50 1,000,000.00 1,035,000.00 1,001,500.00 33,500.00 76,250.00 35,159.00 6.85% 100.19 959,777.22 961,581.60 885,394.49 76,187.11 67,184.40 3,918.77 6.82% 103.25 2,500,000.00 2,581,250.00 2,615,625.00 (34,375.00) 196,875.00 65,625.00 7.04% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield EFTA01539793 EFTA01539794 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 6/1/12 to 6/30/12 Price US Fixed Income BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 05952H-BY-4 CC /C P GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 369622-SN-6 AA- /BAA BANK OF AMERICA CORP 8 1/8% PFD STK DEC 29 2049 DTD 04/30/2008 060505-DT-8 BB+ /B1 SOUTHERN CAL EDISON 6 1/4% DEC 31 2049 DTD 01/17/2012 842400-FU-2 BBB /BAA Total US Fixed Income 104.46 3,000,000.00 3,133,800.00 2,999,982.50 133,817.50 187,500.00 85,416.00 $31,409,050.49 $30,899,310.36 $509,740.13 $2,181,865.45 $414,244.40 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 5.95% 104.93 2,000,000.00 2,098,620.00 2,081,180.56 17,439.44 162,500.00 20,762.00 7.72% 105.65 2,000,000.00 EFTA01539795 2,112,920.00 2,115,000.00 (2,080.00) 142,500.00 (7,916.67) 6.71% 53.76 2,043,869.55 1,098,861.93 1,165,005.64 (66,143.71) 122,632.17 10,219.34 14.38% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 7.70% 2.51 10,000,000.00 250,898.00 318,000.00 (67,102.00) 82,228.68 44,768.16 32.72% Account Page 17 of 34 Consolidated Statement Page 20 EFTA01539796 FINANCIAL TRUST COMPANY INC ACCT. • For the Period 6/1/12 to 6/30/12 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 $1,019,648.00 $1,356,750.00 ($337,102.00) $319,881.18 $173,978.16 Complementary Structured Strategies BRT CALL OPTION USD PUT OPTION STRIKE 126.50 EXPIRING 11/12/2012 125,000 BARRELS OTCBDC-NA-W BRT PUT OPTION USD CALL OPTION STRIKE 96.50 EXPIRING 11/12/2012 125,000 BARRELS OTCBDP-JQ-R JPY CALL CAD PUT FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 76. KI @ 71 XJPYCA-RC-Z CAD 0.01 (760,000,000.00 ) (42,718.28) (411,436.90) 368,718.62 6,748.95 (125.00) (843,618.19) (1,087,500.00) 243,881.81 31.47% Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss EFTA01539797 Est. Annual Income Accrued Interest Yield 10.25 7,500,000.00 768,750.00 1,038,750.00 (270,000.00) 237,652.50 129,210.00 31.06% 767.84 125.00 95,980.51 75,000.00 20,980.51 Account Page 18 of 34 Consolidated Statement Page 21 EFTA01539798 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Price Complementary Structured Strategies JPY PUT CAD CALL FX EUROPEAN STYLE OPTION AUG 13, 2012 @ 83.25 XJPYPA-YX-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 ZERO CPN 4662A0-40-1 Total Complementary Structured Strategies $1,741,216.08 $1,487,500.00 $253,716.08 $0.00 1.06% 96.54 1,500,000.00 1,448,100.00 1,500,000.00 (51,900.00) 1.27% 107.47 1,000,000.00 1,074,700.00 1,000,000.00 74,700.00 Quantity Value Adjusted Tax Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 832,500,000.00 8,772.04 411,436.90 (402,664.86) Market Value Receivable Trade Date Foreign Exchange Contracts MEXICAN NEW PESO EFTA01539799 US DOLLAR Currency Settlement Date Counter Currency Amount Counter Amount Contract Rate Current Market Forward Rate Market Value Payable Unrealized Gain/Loss Jun. 19 12 Jul. 23 12 MXN USD 12,900,000.00 (939,206.41) 13.735000 13.456712 958,629.44 939,206.41 19,423.03 Account Page 19 of 34 Consolidated Statement Page 22 EFTA01539800 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 10,114,238.24 (6,379,874.09) $3,734,364.15 $8,876,148.08 * 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 44,764,526.37 (59,523,214.58) ($14,758,688.21) -(6,000,000.00) ($6,000,000.00) 5,925,238.07 $6,019,395.78 Period Value 5,122,388.15 94,157.71 Year-To-Date Value* -1,079,969.75 1,028,454.65 23,853,954.51 $25,962,378.91 (16,232.41) (23,500,000.00) ($23,516,232.41) Current Cost Adjustments Cost Adjustments EFTA01539801 Total Cost Adjustments Period Value $0.00 Year-To-Date Value* 13,020.83 $13,020.83 Account Page 20 of 34 Consolidated Statement Page 23 EFTA01539802 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/1 6/1 6/4 Interest Income Div Domest Corporate Interest Description DEPOSIT SWEEP INTEREST FOR MAY @ .01% RATE ON NET AVG COLLECTED BALANCE OF $8,244,320.55 AS OF 06/01/12 GENERAL MOTORS CO CV PFD B @ 0.59375 PER SHARE (ID: 37045V-20-9) TO REVERSE ENTRY OF 04/20/2012 SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 FLOATING RATE APR 20 2033 DTD 02/27/2003 AS OF 04/20/12 (ID: 81743P-AH-9) 6/4 Corporate Interest TO REVERSE ENTRY OF 05/21/2012 SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 FLOATING RATE APR 20 2033 DTD 02/27/2003 AS OF 05/21/12 (ID: 81743P-AH-9) 6/5 6/5 Corporate Interest Accrued Int Paid CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 AS OF 06/04/12 (ID: 125581-GA-0) TO REVERSE ENTRY OF 04/05/2012 SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/02/12 FACE VALUE 8,000,000.00 AS OF 04/05/12 (ID: 81743P-AH-9) 6/5 Accrued Int Paid ENTRY REVERSED ON 06/26/2012 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 05/31/12 FACE VALUE 3,364,000.00 (ID: 172973-P9-4) 2,111,340.457 0.00 0.001 (1,271.59) EFTA01539803 2,196,326.350 (1,793,589.040 ) 0.00 0.009 20,196.97 838.32 1,791,374.060 0.001 (2,328.42) 71,000.000 1,793,589.040 0.594 0.001 42,156.25 (2,334.28) Quantity Cost Per Unit Amount Amount 69.83 Account Page 21 of 34 Consolidated Statement Page 24 EFTA01539804 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/8 Accrued Int Paid Description SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 04/02/12 FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) 6/11 6/11 6/11 6/11 6/12 6/15 6/20 6/20 FX Fwd Contract FX Fwd Contract Corporate Interest Corporate Interest Corporate Interest Foreign Dividend Corporate Interest Corporate Interest SETTLE FORWARD CURRENCY CONTRACT BUY CNY SELL USD CONTRACT RATE : 6.363600000 TRADE 6/08/11 VALUE 6/11/12 (ID: OCNYPR-AA-6) SETTLE FORWARD CURRENCY CONTRACT BUY USD SELL CNY CONTRACT RATE : 6.384500000 TRADE 10/05/11 VALUE 6/11/12 (ID: OCNYPR-AA-6) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 AS OF 05/21/12 (ID: 81743P-AH-9) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 AS OF 04/20/12 (ID: 81743P-AH-9) CIT GROUP INC 144A 7% MAY 02 2017 DTD 06/15/2011 AS OF 06/11/12 (ID: 125581-GA-0) BARCLAYS BANK PLC PFD SHS SER 5 8 1/8% @ 0.507812 PER SHARE (ID: 06739H-36-2) BANC OF AMERICA FUNDING CORPORATION SER 2006-G CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 (ID: 05950M-AF-7) SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 (ID: 81743P-AH-9) EFTA01539805 1,772,374.400 0.001 2,303.72 2,500,000.000 39,250.000 2,484,283.160 0.007 0.508 16,796.10 19,931.62 1,076.00 1,793,589.040 0.001 2,334.28 1,791,374.060 0.001 2,328.42 (31,818,000.000 ) (4,995,446.98) 4,983,632.23 31,818,000.000 4,995,446.98 (5,000,000.00) Quantity Cost Per Unit Amount 1,793,589.040 0.00 0.001 Amount (1,167.141_______ Account 111111111 Page 22 of 34 Consolidated Statement Page 25 EFTA01539806 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/21 6/21 6/21 Spot FX Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 13.700000000 DEAL 06/19/12 VALUE 06/21/12 (ID: OMXNPR-AA-7) FX Option Assgned SPOT CURRENCY TRANSACTION SETTLEMENT OF ASSIGNED FX OPTION BUY MXN SELL USD TRADE 6/19/12 VALUE 6/21/12 (ID: OMXNPR-AA-7) Accrued Int Paid ENTRY REVERSED ON 06/26/2012 BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 06/18/12 FACE VALUE 2,081,519.00 (ID: 05952H-BY-4) 6/26 Accrued Int Paid TO REVERSE ENTRY OF 06/21/2012 BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 06/18/12 FACE VALUE 2,081,519.00 AS OF 06/21/12 (ID: 05952H-BY-4) 6/26 Accrued Int Paid TO REVERSE ENTRY OF 06/05/2012 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 05/31/12 FACE VALUE 3,364,000.00 AS OF 06/05/12 (ID: 172973-P9-4) 6/26 Accrued Int Paid CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 05/31/12 FACE VALUE 3,364,000.00 (ID: 172973-P9-4) 2,072,272.230 0.00 0.001 (1,247.84) (2,111,340.457 ) 0.00 EFTA01539807 0.001 1,271.59 (2,043,869.546 ) 0.00 0.003 6,834.00 2,043,869.546 0.00 0.003 (6,834.00) 12,900,000.000 1,000,000.00 (1,000,000.00) Quantity Cost Per Unit Amount (12,900,000.000 ) (1,000,000.00) Amount 941,605.84 Account Page 23 of 34 Consolidated Statement Page 26 EFTA01539808 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 INFLOWS & OUTFLOWS Type Settle Date Selection Method 6/26 Accrued Int Paid Description BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 06/18/12 FACE VALUE 2,081,519.00 AS OF 06/21/12 (ID: 05952H-BY-4) 6/29 Interest Income TO ADJUST INTEREST PREVIOUSLY PAID ON CASH BALANCES BASED ON THE FOLLOWING TRANSACTION ACTIVITY ORIGINAL ADJUSTED TRANSACTION TRAN DATE VALUE DATE AMOUNT 6/04/12 4/20/12 4,549.26D 6/04/12 5/21/12 21,328.08D 6/05/12 4/05/12 838.32 6/06/12 4/05/12 1,076,153.42 6/11/12 4/20/12 4,549.26 6/11/12 5/21/12 21,328.08 AS OF 06/01/12 Total Inflows & Outflows $19,395.78 16.78 Quantity Cost Per Unit Amount 2,043,869.546 0.00 0.003 Amount (6,812.90) Account Page 24 of 34 Consolidated Statement Page 27 EFTA01539809 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 TRADE ACTIVITY Note: C Trade Date Settle Date 5/29 6/1 6/4 6/4 6/4 6/4 6/5 6/5 6/11 6/11 6/11 6/11 6/6 6/11 L indicates Long Term Realized Gain/Loss indicates Currency Gain/Loss S indicates Short Term Realized Gain/Loss Settled transaction was initiated in prior statement period and settled in current statement period Type Selection Method Description Settled Sales/Maturities/Redemptions Sale FIFO THOMPSON CREEK METALS CO PFD 6.5% @ 21.181 84,724.00 BROKERAGE 200.00 TAX &/OR SEC 1.90 J.P. MORGAN SECURITIES LLC (ID: 884768-30-0) Principal Payment TO REVERSE ENTRY OF 04/20/2012 SEQUOIA MORTGAGE FIFO TRUST SER 2003-1 CL 81 FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL AS OF 04/20/12 (ID: 81743P-AH-9) Principal Payment TO REVERSE ENTRY OF 05/21/2012 SEQUOIA MORTGAGE FIFO TRUST SER 2003-1 CL 81 FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL AS OF 05/21/12 (ID: 81743P-AH-9) Principal Payment CIT GROUP INC 144A 7% MAY 02 2017 DTD Pro Rata (1,236,549.130 ) 06/15/2011 PAYMENT A/C PRINCIPAL AS OF 06/04/12 (ID: 125581-GA-0) Principal Payment SEQUOIA MORTGAGE TRUST SER 2003-1 CL 81 EFTA01539810 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL AS OF 05/21/12 (ID: 81743P-AH-9) Principal Payment SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL AS OF 04/20/12 (ID: 81743P-AH-9) Sale FIFO DOLLAR GENERAL CORP @ 47.58701 235,555.70 BROKERAGE 247.50 TAX &/OR SEC 5.28 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) Account Page 25 of 34 Consolidated Statement Page 28 (4,950.000) 47.536 235,302.92 (231,412.50) 3,890.42 S (2,214.980) 100.00 2,214.98 (1,328.99) 885.99 S (18,999.660) 100.00 18,999.66 (11,399.80) 7,599.86 S 100.00 1,236,549.13 (1,140,716.57) 95,832.56 L 18,999.660 100.00 (18,999.66) 11,399.80 (7,599.86) S 2,214.980 100.00 (2,214.98) 1,328.99 (885.99) S Quantity (4,000.000) Per Unit Amount 21.131 Proceeds EFTA01539811 84,522.10 Tax Cost (100,000.00) Realized Gain/Loss (15,477.90) S* EFTA01539812 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Settle Date 6/7 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale 6/12 6/11 6/14 6/12 6/15 6/13 6/18 6/18 6/18 6/14 6/19 6/19 6/19 6/20 6/20 FIFO Sale FIFO Sale FIFO Sale FIFO Redemption Pro Rata Sale FIFO Expired Option FIFO ANNALY CAPITAL MGMT PFD 7 5/8% @ 24.77938 1,018,680.31 BROKERAGE 2,055.50 TAX &/OR SEC 22.82 J.P. MORGAN SECURITIES LLC (ID: 035710-70-6) ANNALY CAPITAL MGMT PFD 7 5/8% @ 24.75357 888,405.63 BROKERAGE 1,794.50 TAX &/OR SEC 19.91 J.P. MORGAN SECURITIES LLC (ID: 035710-70-6) ANNALY CAPITAL MGMT PFD 7 5/8% @ 24.72087 865,156.29 BROKERAGE 1,749.85 TAX &/OR SEC 19.38 J.P. MORGAN SECURITIES LLC (ID: 035710-70-6) ANNALY CAPITAL MGMT PFD 7 5/8% @ 24.7527 1,156,248.12 BROKERAGE 2,335.60 TAX &/OR SEC EFTA01539813 25.90 J.P. MORGAN SECURITIES LLC (ID: 035710-70-6) MS MARKET PLUS MO 06/18/12 78% CONTIN BARRIER-15%CPN ,UNCAPPED INITIAL LEVEL-12/09/10 MO: 24.59 TO REDEMPTION (ID: 617482-QA-5) ANNALY CAPITAL MGMT PFD 7 5/8% @ 24.77603 279,746.15 BROKERAGE 564.55 TAX &/OR SEC 6.27 J.P. MORGAN SECURITIES LLC (ID: 035710-70-6) MXN CALL USD PUT FX EUROPEAN STYLE OPTION JUN (12,565,000.000 ) 19, 2012 @ 12.565 EXPIRATION OF PURCHASED FX OPTION (ID: XMXNCA-DN-Z) Principal Payment BANC OF AMERICA FUNDING CORPORATION SER 2006-G Pro Rata CL 2A5 FLOATING RATE JUL 20 2036 DTD 07/31/2006 PAYMENT A/C PRINCIPAL (ID: 05950M-AF-7) (24,627.650) 100.00 24,627.65 (16,007.97) 8,619.68 S (17,200.00) (17,200.00) C (11,291.000) 24.725 279,175.33 (282,275.00) (3,099.67) S (3,000,000.000 ) 135.30 4,058,967.00 (3,000,000.00) 1,058,967.00 L (46,712.000) 24.702 1,153,886.62 (1,167,800.00) (13,913.38) S (34,997.000) 24.67 863,387.06 (874,925.00) (11,537.94) S (35,890.000) 24.703 886,591.22 (897,250.00) (10,658.78) S Quantity (41,110.000) Per Unit Amount EFTA01539814 24.729 Proceeds 1,016,601.99 Tax Cost (1,027,750.00) Realized Gain/Loss (11,148.01) S Account Page 26 of 34 Consolidated Statement Page 29 EFTA01539815 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 6/20 6/20 6/19 6/21 6/19 6/22 6/21 6/26 6/27 6/29 6/21 6/29 Principal Payment SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 Pro Rata FLOATING RATE APR 20 2033 DTD 02/27/2003 PAYMENT A/C PRINCIPAL (ID: 81743P-AH-9) FX Option Assgned MXN PUT USD CALL FX EUROPEAN STYLE OPTION JUN 12,900,000.000 FIFO 19, 2012 @ 12.9 AT EXP KI @ 13.25 WRITTEN FX OPTION ASSIGNED CALL 12,900,000.00 MXN PUT 1,000,000.00 USD (ID: XMXNPA-IP-Z) Sale FIFO Sale FIFO AMERICAN FINANCIAL GROUP PFD 6 3/8% @ 25.13897 251,389.70 BROKERAGE 500.00 TAX &/OR SEC 5.64 J.P. MORGAN SECURITIES LLC (ID: 025932-40-1) GENMARK DIAGNOSTICS INC @ 4.261 38,349.00 BROKERAGE 450.00 TAX &/OR SEC .86 J.P. MORGAN SECURITIES LLC (ID: 372309-10-4) Option Buyback BRT PUT OPTION USD CALL OPTION STRIKE 100.00 FIFO EXPIRING 08/13/2012 250,000 BARRELS BUY BACK OTC PUT (ID: OTCBDP-JN-G) Sale FIFO NY CITY NY MUNI WTR FINAUTH WTR & SWR SYS REV 3.75% FF JUN 15 2034 DTD 06/28/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 6/15/2022 @ 100 @ 98.45 JP MORGAN SECURITIES LLC (BIDL) (ID: 64972F-7K-6) Total Settled Sales/Maturities/Redemptions EFTA01539816 $10,114,238.24 ($9,886,164.05) $1,154,799.56 L ($926,725.37) S (1,000,000.000 ) 98.50 984,500.00 (988,170.00) (3,670.00) S 125.000 8,100.00 (1,012,500.00) 136,250.00 (876,250.00) S (9,000.000) 4.211 37,898.14 (37,800.00) 98.14 S (10,000.000) 25.088 250,884.06 (250,000.00) 884.06 S 17,200.00 17,200.00 C Quantity (13,845.020) Per Unit Amount 100.00 Proceeds 13,845.02 Tax Cost (8,307.01) Realized Gain/Loss 5,538.01 S Account Page 27 of 34 Consolidated Statement Page 30 EFTA01539817 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Settle Date Type Settled Securities Purchased 5/31 Purchase 6/5 4/2 6/6 Purchase Description ENTRY REVERSED ON 06/26/2012 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,364,000.00 (ID: 172973-P9-4) TO REVERSE ENTRY OF 04/05/2012 SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 8,000,000.00 AS OF 04/05/12 (ID: 81743P-AH-9) 4/2 6/8 6/6 6/11 6/7 6/12 6/18 6/21 Purchase SEQUOIA MORTGAGE TRUST SER 2003-1 CL B1 FLOATING RATE APR 20 2033 DTD 02/27/2003 @ 60.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 8,000,000.00 (ID: 81743P-AH-9) Purchase Purchase Purchase DOLLAR GENERAL CORP @ 46.75 J.P. MORGAN SECURITIES LLC (ID: 256677-10-5) AMERICAN FINANCIAL GROUP PFD 6 3/8% @ 25.00 J.P. MORGAN SECURITIES LLC (ID: 025932-40-1) ENTRY REVERSED ON 06/26/2012 BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 2,081,519.00 (ID: 05952H-BY-4) 6/20 6/25 Purchase GS CONT BUFF EQ SPX 7/9/13 80% CONTIN BARRIER10.5%CPN EFTA01539818 15% CAP INITIAL LEVEL-6/20/12 SPX:1355.69 @ 100.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 38143U-Z9-5) 3,000,000.000 100.00 (3,000,000.00) 4,950.000 10,000.000 2,043,869.546 46.75 25.00 57.20 (231,412.50) (250,000.00) (1,168,614.44) 1,793,589.040 60.00 (1,076,153.42) * (1,793,589.040 ) 60.00 1,076,153.42 * Quantity 2,111,340.457 Per Unit Amount 83.00 Market Cost (1,752,412.59) * Account Page 28 of 34 Consolidated Statement Page 31 EFTA01539819 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Settle Date Type Settled Securities Purchased 6/18 Purchase 6/26 Description TO REVERSE ENTRY OF 06/21/2012 BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 2,081,519.00 AS OF 06/21/12 (ID: 05952H-BY-4) 5/31 6/26 Purchase TO REVERSE ENTRY OF 06/05/2012 CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,364,000.00 AS OF 06/05/12 (ID: 172973-P9-4) 5/31 6/26 6/18 6/26 6/21 6/26 6/20 6/29 Purchase CITICORP MORTGAGE SECURITIES SER 2005-1 CL B2 5.4204% FEB 25 2035 DTD 02/01/2005 @ 83.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,364,000.00 (ID: 172973-P9-4) Purchase BANC OF AMERICA MORTGAGE SECURITIES SER 2007-1 CL 2Al2 6% JAN 25 2037 DTD 02/27/2007 @ 57.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 2,081,519.00 AS OF 06/21/12 (ID: 05952H-BY-4) Purchase Purchase GENMARK DIAGNOSTICS INC @ 4.20 J.P. MORGAN SECURITIES LLC (ID: 372309-10-4) NY CITY NY MUNI WTR FINAUTH WTR & SWR SYS REV 3.75% FF JUN 15 2034 DTD 06/28/2012 HELD BY DTC BOOK ENTRY ONLY PAR CALL 6/15/2022 @ 100 @ 98.817 JP MORGAN SECURITIES LLC (BIDL) (ID: 64972F-7K-6) 6/27 EFTA01539820 6/29 Purchase Option BRT CALL OPTION USD PUT OPTION STRIKE 126.50 EXPIRING 11/12/2012 125,000 BARRELS PURCHASE OTC CALL (ID: OTCBDC-NA-W) 125.000 600.00 (75,000.00) 9,000.000 1,000,000.000 4.20 98.80 (37,800.00) (988,170.00) 2,043,869.546 57.00 (1,165,005.64) 2,072,272.230 83.00 (1,719,985.95) * (2,111,340.457 ) 83.00 1,752,412.59 * Quantity (2,043,869.546 ) Per Unit Amount 57.20 Market Cost 1,168,614.44 Account Page 29 of 34 Consolidated Statement Page 32 EFTA01539821 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Settle Date 6/27 6/29 Type Settled Securities Purchased Write Option Total Settled Securities Purchased Trade Date Type Est. Settle Date Selection Method Description Pending Sales, Maturities, Redemptions Sale 6/22 6/27 6/27 7/2 6/27 7/2 6/28 7/3 6/28 7/3 Sale Sale Sale Sale CENCOSUD SA-SPONSORED ADR (ID: 15132H-40-8) DIGITAL REALTY TRUST INC (ID: 253868-10-3) EQT MIDSTREAM PARTNERS LP (ID: 268858-10-0) ENERGY TRANSFER PARTNERS L P (ID: 29273R-10-9) 3PM CORN DLY LIQUIDITY NT 07/25/13 LNKD TO DJUBCN3T 07/22/10 (ID: 48124A-WK-9) Total Pending Sales, Maturities, Redemptions Quantity (7,500.000) (1,250.000) (2,000.000) (1,500.000) (2,500,000.000 ) Per Unit Amount 15.609 72.762 22.943 43.397 178.769 Description BRT PUT OPTION USD CALL OPTION STRIKE 96.50 EFTA01539822 EXPIRING 11/12/2012 125,000 BARRELS WRITTEN OTC PUT (ID: OTCBDP-JQ-R) ($6,379,874.09) Proceeds 116,768.32 90,850.46 45,784.97 64,994.78 4,469,237.50 $4,787,636.03 Tax Cost (117,096.00) (90,312.50) (42,000.00) (66,855.00) (2,512,500.00) ($2,828,763.50) Realized Gain/Loss (327.68) S 537.96 S 3,784.97 S (1,860.22) S 1,956,737.50 L $2,135.03 S $1,956,737.50 L Quantity (125.000) Per Unit Amount 8,700.00 Market Cost 1,087,500.00 Account Page 30 of 34 Consolidated Statement Page 33 EFTA01539823 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 Trade Date Est. Settle Date Type Pending Securities Purchased 6/22 Purchase 6/26 6/26 7/3 6/27 7/2 6/27 7/2 6/27 7/2 6/28 7/3 Purchase Purchase Purchase Purchase Purchase Description CENCOSUD SA-SPONSORED ADR (ID: 15132H-40-8) ENTERGY LOUISIANA LLC PFD 5 1/4% (ID: 29364W-50-4) DIGITAL REALTY TRUST INC (ID: 253868-10-3) EQT MIDSTREAM PARTNERS LP (ID: 268856-10-0) GENERAL ELEC CAP CORP 7.125% DEC 15 2049 DTD 06/12/2012 (ID: 369622-SN-6) ENERGY TRANSFER PARTNERS L P (ID: 29273R-10-9) Total Pending Securities Purchased Quantity 7,500.000 25,000.000 1,250.000 2,000.000 2,000,000.000 1,500.000 Per Unit Amount 15.612 25.00 72.25 21.00 105.75 44.57 Market Cost (117,096.00) (625,000.00) EFTA01539824 (90,312.50) (42,000.00) (2,115,000.00) (66,855.00) ($3,056,263.50) Account Page 31 of 34 Consolidated Statement Page 34 EFTA01539825 FINANCIAL TRUST COMPANY INC ACCT. For the Period 6/1/12 to 6/30/12 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 -1,000,000.00 $1,000,000.00 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 Portfolio Activity Detail - Mexican New Peso INFLOWS & OUTFLOWS Per Unit Type Settle Date Selection Method 6/21 6/21 Spot FX Description SPOT CURRENCY TRANSACTION - SELL BUY USD SELL MXN EXCHANGE RATE 13.700000000 DEAL 06/19/12 VALUE 06/21/12 (ID: OMXNPR-AA-7) FX Option Assgned SPOT CURRENCY TRANSACTION SETTLEMENT OF ASSIGNED FX OPTION BUY MXN SELL USD TRADE 6/19/12 VALUE 6/21/12 (ID: OMXNPR-AA-7) Total Inflows & Outflows Account Page 32 of 34 $58,394.16 ($58,394.16) Consolidated Statement Page 35 (1,000,000.000 ) 1,000,000.00 12,900,000.00 Quantity 941,605.840 Amount USD Local Value Amount USD Local Value (941,605.84) EFTA01539826 (12,900,000.00