Epstein Files

EFTA01547263.pdf

dataset_10 PDF 2.7 MB Feb 4, 2026 84 pages
SOUTHERN FINANCIAL, LLC 6100 RED HOOK QUARTER B3 ST THOMAS 00802 VIRGIN ISLANDS (U.S.) EFTA01547263 EFTA01547264 For the Period 11/1/13 to 11/30/13 Account Summary Account Number Investment Account(s) SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL LLC SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC 1 2 Total Value Beginning Net Market Value 34,463,099.80 0.00 8,331.02 0.00 $34,471,430.82 Ending Net Market Value 28,401,769.61 0.00 0.00 0.00 $28,401,769.61 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 EFTA01547265 In Value (6,061,330.19) 0.00 (8,331.02) 0.00 ($6,069,661.21) Start on Page 4 32 33 38 Client News Please see the enclosed brochure for important information regarding the tax treatment of debt securities beginning on January 1, 2014. Within your asset account, your current amortization election applies to tax-exempt bonds purchased at a premium. Changes in legislation for debt securities may affect this election for securities acquired on or after January 1, 2014. 0000004501.15.0.15.00001.SOUTHAH.20131203 Consolidated Statement Page 1 EFTA01547266 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01547267 For the Period 11/1/13 to 11/30/13 Consolidated Summary INVESTMENT ACCOUNTS Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 7,597,418.19 1,648,916.88 24,978,933.42 $34,225,268.49 246,162.33 $34,471,430.82 Ending Market Value 3,146,500.00 1,585,056.38 23,389,909.70 $28,121,466.08 280,303.53 $28,401,769.61 Change In Value (4,450,918.19) (63,860.50) (1,589,023.72) ($6,103,802.41) 34,141.20 ($6,069,661.21) Estimated Current Annual Income Allocation 11% 6% 820,460.53 $820,460.53 83% 100% Equity Cash & Fixed Income Alternative Assets Asset Allocation Current Portfolio Activity EFTA01547268 Beginning Market Value Net Contributions/Withdrawals Income & Distributions Change in Investment Value Ending Market Value Accruals Market Value with Accruals Period Value 34,225,268.49 (6,000,745.77) 42,944.07 (146,000.71) $28,121,466.08 280,303.53 $28,401,769.61 Year-to-Date Value 0.00 20,992,080.03 3,160,348.63 3,969,037.42 $28,121,466.08 280,303.53 $28,401,769.61 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 EFTA01547269 For the Period 11/1/13 to 11/30/13 Consolidated Summary INVESTMENT ACCOUNT(S) YEAR-TO-DATE Portfolio Activity SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC Total Value Income Summary SOUTHERN FINANCIAL, LLC SOUTHERN FINANCIAL, LLC Total Value Account Number Beginning Market Value 0.00 0.00 $0.00 Account Number Net Contributions/ Withdrawals 23,713,957.52 (2,721,877.49) $20,992,080.03 Income 2,583,872.31 79,109.59 $2,662,981.90 'Unrealized Gain/Loss represents data from the time of account inception to the current statement period. Income Other Income & Receipts 497,366.73 $497,366.73 Income & Distributions 2,583,872.31 576,476.32 $3,160,348.63 Change in Investment Value 1,823,636.25 2,145,401.17 $3,969,037.42 Realized Gain/Loss EFTA01547270 Short-term 1,267,779.10 1,902.00 $1,269,681.10 Long-term (163,538.86) ($163,538.86) Ending Market Value with Accruals 28,401,769.61 0.00 $28,401,769.61 Unrealized Gain/Loss, (256,112.31) ($256,112.31) CONTINUED Consolidated Statement Page 3 EFTA01547271 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Asset Account J.P. Morgan Team William Sheridan Justin Nelson Paul Barrett Janet Young Gina Magliocco Jason Grosse Online access Banker Banker Investment Specialist Client Service Team Client Service Team Client Service Team www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 212/464-1321 203/629-3124 212/622-2770 800/634-1318 Table of Contents Account Summary Holdings Equity Alternative Assets Cash & Fixed Income Portfolio Activity Page 2 4 6 8 12 Account Page 1 of 28 Consolidated Statement Page 4 EFTA01547272 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Account Summary Asset Allocation Equity Alternative Assets Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 7,597,418.19 1,648,916.88 24,970,604.58 $34,216,939.65 246,160.15 $34,463,099.80 Ending Market Value 3,146,500.00 1,585,056.38 23,389,909.70 $28,121,466.08 280,303.53 $28,401,769.61 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred In Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value Accruals Market Value with Accruals ($5,992,414.75) 42,941.89 (146,000.71) $28,121,466.08 280,303.53 $28,401,769.61 (5,992,414.75) Period Value 34,216,939.65 Change In Value (4,450,918.19) EFTA01547273 (63,860.50) (1,580,694.88) ($6,095,473.57) 34,143.38 ($6,061,330.19) Year-to-Date Value 0.00 15,877,678.00 (6,429,424.88) 53,240,793.69 (38,975,089.29) $23,713,957.52 2,583,872.31 1,823,636.25 $28,121,466.08 280,303.53 $28,401,769.61 Equity Cash & Fixed Income Estimated Current Annual Income Allocation 11% 6% 820,460.53 $820,460.53 83% 100% Alternative Assets Asset Allocation Account Page 2 of 28 Consolidated Statement Page 5 EFTA01547274 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Account Summary Income Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Ordinary Income Accrued Interest Current Year Income 45,997.40 (3,055.51) $42,941.89 CONTINUED Current Period Value Year-to-Date Value 672,065.00 108,750.00 881,608.23 1,067,375.92 38,542.06 (184,468.90) $2,583,872.31 Unrealized Gain/Loss To-Date Value ($256,112.31) ST Realized Gain/Loss LT Realized Gain/Loss Realized Gain/Loss Current Period Value 380,969.50 39,312.82 $420,282.32 Year-to-Date Value 1,267,779.10 (163,538.86) $1,104,240.24 Cost Summary Equity Cash & Fixed Income Total 23,377,578.39 Cost 3,000,000.00 $26,377,578.39 Account Page 3 of 28 EFTA01547275 Consolidated Statement Page 6 EFTA01547276 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Equity Summary Asset Categories Non-US Equity European Large Cap Equity Preferred Stocks Total Value Market Value/Cost Market Value Cost Unrealized Gain/Loss Beginning Market Value 4,103,852.74 3,138,600.00 354,965.45 $7,597,418.19 Ending Market Value 0.00 3,146,500.00 0.00 $3,146,500.00 Current Period Value 3,146,500.00 3,000,000.00 146,500.00 Change In Value (4,103,852.74) 7,900.00 (354,965.45) ($4,450,918.19 ) 1196 Current Allocation 1196 Account Page 4 of 28 Consolidated Statement Page 7 EFTA01547277 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Equity Detail Price European Large Cap Equity HSBC CONT BUFF EQ SX5E 08/29/14 80% EKO BARRIER- 4%CPN 17% CAP INITIAL LEVEL-05/24/13 SX5E:2764.29 40432X-FP-1 3PM CONT BUFF EQ SX7P 10/16/14 85% CONTIN BARRIER- 0%CPN 25% CAP INITIAL LEVEL-09/24/13 SX7P:186.77 48126N-VE-4 Total European Large Cap Equity $3,146,500.00 $3,000,000.00 $146,500.00 $0.00 0.00% 101.25 1,000,000.000 1,012,500.00 1,000,000.00 12,500.00 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Inc. Accrued Div. Yield 106.70 2,000,000.000 2,134,000.00 2,000,000.00 134,000.00 Account Page 5 of 28 Consolidated Statement Page 8 EFTA01547278 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Alternative Assets Summary Beginning Asset Categories Hard Assets Estimated Value 1,648,916.88 Alternative Assets Detail Price Hard Assets SG MARKET PLUS WTI CRUDE 08/05/14 LNKD TO CL1 78.75% BARRIER- 10%CPN ,UNCAPPED INITIAL LEVEL-07/25/13 CL1:105.68 78423E-HS-6 WTI CALL OPTION USD PUT OPTION STRIKE 110.00 EXPIRING 02/14/2014 250,000 BARRELS OTCBDC-PH-K 1.00 250.000 27,187.97 562,500.00 98.50 2,000,000.000 1,970,000.00 2,000,000.00 Quantity Estimated Value Cost Est. Annual Income Accrued Income Ending Estimated Value 1,585,056.38 Change In Value (63,860.50) Current Allocation 6% Account Page 6 of 28 Consolidated Statement Page 9 EFTA01547279 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Price Hard Assets WTI PUT OPTION USD CALL OPTION STRIKE 93.50, KI @ EXP 83.50 EXPIRING 02/14/2014 250,000 BARRELS OTCBDP-KG-F Total Hard Assets $1,585,056.38 $2,000,000.00 Quantity Estimated Value Cost Est. Annual Income Accrued Income 1.00 (250.000) (412,131.59) (562,500.00) Account Page 7 of 28 Consolidated Statement Page 10 EFTA01547280 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Cash & Fixed Income Summary Beginning Asset Categories Cash Non-USD Cash US Fixed Income Non-US Fixed Income Total Value Market Value/Cost Market Value Cost Unrealized Gain/Loss Estimated Annual Income Accrued Interest Yield Market Value 9,584,277.22 396,765.26 12,827,062.10 2,162,500.00 $24,970,604.58 Ending Market Value 10,163,551.01 397,363.54 10,808,995.15 2,020,000.00 $23,389,909.70 Current Period Value 23,389,909.70 23,377,578.39 12,331.31 820,460.53 280,303.53 4.47% Cash Change In Value 579,273.79 598.28 (2,018,066.95) (142,500.00) ($1,580,694.88 ) Current Allocation 36% 1% 39% EFTA01547281 7% 83% US Fixed Income Non-US Fixed Income Non-USD Cash Asset Categories Cash & Fixed Income as a percentage of your portfolio - 83 % Account Page 8 of 28 Consolidated Statement Page 11 EFTA01547282 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 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 10,560,914.55 2,020,000.00 1,786,875.00 9,022,120.15 $23,389,909.70 % of Bond Portfolio 48% 8% 7% 37% 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. Note: P indicates position adjusted for Pending Trade Activity. 1 Cash & Fixed Income Detail Price Cash US DOLLAR COST OF PENDING PURCHASES Total Cash 1.00 1.00 10,808,597.59 (645,046.58) 10,808,597.59 (645,046.58) $10,163,551.01 10,808,597.59 (645,046.58) $10,163,551.01 $0.00 $1,080.85 $103.27 EFTA01547283 0.01% 1,080.85 103.27 0.01% 1 Quantity Value Adjusted 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 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 & Fixed Income Cash NON USD Cash International Bonds Mortgage and Asset Backed Bonds Total Value Market Value 10,163,551.01 397,363.54 7,027,195.00 5,801,800.15 $23,389,909.70 % of Bond Portfolio 46% 1% 29% 24% 100% Account Page 9 of 28 Consolidated Statement Page 12 EFTA01547284 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Price Non-USD Cash EURO PRINCIPAL CURRENCY US Fixed Income LLOYDS 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 GLOBAL MORTGAGE SECURITIZATION 2005-A CL B2 5.250% 04/25/2032 DTD 04/28/2005 378961-AV-8 B- /CAA COUNTRYWIDE HOME LOANS 2003-1 CL B1 5.750% 03/25/2033 DTD 01/01/2003 12669D-YS-1 P WASHINGTON MUTUAL MSC MORTGAGE 2004-RA2 CL CB1 VAR RATE 07/25/2033 DTD 06/01/2004 939336-S2-0 D / IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 DTD 03/03/2005 45254N-NC-7 CC /CA FREDDIEMAC STRIP 303 CL C34 4.500% 12/15/2040 DTD 02/27/2013 31325U-EY-8 20.75 60,181.02 12,488.77 12,638.01 (149.24) 2,708.14 225.68 5.98% 71.00 1,500,553.84 1,065,423.24 1,046,636.31 18,786.93 13,925.13 34.51 4.69% 82.87 837,722.83 694,229.28 645,046.58 EFTA01547285 49,182.70 58,333.40 (3,407.12) 6.71% 93.80 1,211,860.04 1,136,664.12 1,157,326.33 (20,662.21) 69,681.95 5,806.02 5.97% 93.98 3,078,210.68 2,892,994.74 2,831,953.82 61,040.92 161,606.06 13,467.17 6.04% 1.36 291,846.67 397,363.54 395,426.33 1,937.21 Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 119.13 1,500,000.00 1,786,875.00 1,627,500.00 159,375.00 148,125.00 141,952.50 6.72% Account Page 10 of 28 Consolidated Statement Page 13 EFTA01547286 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Price US Fixed Income LBG CAPITAL NO.1 PLC 144A VAR RT 12/29/2049 DTD 12/15/2009 HELD BY EUROCLEAR ISIN XS0473106283 SEDOL B51C139 50178R-9A-1 BB- /NA Total US Fixed Income $10,808,995.15 $10,568,601.05 $240,394.10 $694,379.68 $268,742.76 Non-US Fixed Income PETROLEOS DE VENEZUELA S 5% OCT 28 2015 DTD 10/28/2009 HELD BY EUROCLEAR ISIN XS0460546525 SEDOL BSBQGP8 71668A-9B-9 6.46% Quantity Value Adjusted Cost Original Cost Unrealized Gain/Loss Est. Annual Income Accrued Interest Yield 107.34 3,000,000.00 3,220,320.00 3,247,500.00 (27,180.00) 240,000.00 110,664.00 7.41% 80.80 2,500,000.00 2,020,000.00 2,250,000.00 (230,000.00) 125,000.00 11,457.50 17.20% Account Page 11 of 28 Consolidated Statement Page 14 EFTA01547287 EFTA01547288 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 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 3,821,510.37 (1,026,650.44) $2,794,859.93 $10,808,597.59 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 52,025,483.44 (54,423,915.80) ($2,398,432.36) -4,378,933.30 $4,421,875.19 (5,992,414.75) ($5,992,414.75) Period Value 9,584,277.22 42,941.89 Year-To-Date Value* -1,639,273.91 14,742,310.24 12,231,616.03 $28,613,200.18 (6,429,424.86) (8,976,745.37) ($15,406,170.23) Current Securities Transferred In/Out EFTA01547289 Securities Transferred In Securities Transferred Out Period Value Year-To-Date Value* 52,196,971.85 (38,975,089.29) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value $0.00 Year-To-Date Value* 6,129,741.97 $6,129,741.97 Account Page 12 of 28 Consolidated Statement Page 15 EFTA01547290 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Income 11/1 11/6 Interest Income Accrued Int Paid Description DEPOSIT SWEEP INTEREST FOR 10/01/13 - 10/31/13 @ .01% RATE ON AVG COLLECTED BALANCE OF $8,448,036.23 AS OF 11/01/13 FREDDIEMAC STRIP 303 CL C34 4.500% 12/15/2040 DTD 02/27/2013 @ 21.00 JP MORGAN SECURITIES LLC (BIDL) TRADE DATE 11/01/13 FACE VALUE 6,000,000.00 (ID: 31325U-EY-8) 11/6 11/20 11/25 11/25 11/25 11/25 11/25 Accrued Int Recd Corporate Interest Corporate Interest Accrued Int Recd Accrued Int Recd Corporate Interest Corporate Interest COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% 08/25/2033 DTD 06/01/2003 (ID: 12669E-RR-9) SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT 12/20/2032 DTD 10/30/2002 (ID: 81744A-AB-4) IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 DTD 03/03/2005 (ID: 45254N-NC-7) ENTRY REVERSED ON 12/03/2013 FREDDIEMAC STRIP 303 CL C34 4.500% 12/15/2040 DTD 02/27/2013 (ID: 31325U-EY-8) STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 6.000% 04/25/2033 DTD 03/28/2003 (ID: 86359A-QW-6) COUNTRYWIDE HOME LOANS 2003-1 CL B1 5.750% 03/25/2033 DTD 01/01/2003 (ID: 12669D-YS-1) STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 6.000% 04/25/2033 DTD 03/28/2003 (ID: 86359A-QW-6) Account Page 13 of 28 EFTA01547291 Consolidated Statement Page 16 1,234,236.350 893,188.440 0.005 0.005 5,914.05 4,465.94 860,087.190 0.004 3,440.35 1,310,426.807 1,017,216.177 1,511,007.910 4,828,630.620 0.001 0.001 0.001 0.003 970.97 1,379.60 1,177.80 14,485.89 4,888,811.640 0.00 0.001 (3,055.51) Quantity Cost Per Unit Amount Amount 70.76 EFTA01547292 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Type Settle Date Selection Method Income 11/25 11/29 Corporate Interest Accrued Int Recd Total Income Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 11/5 11/5 11/6 11/6 11/6 Spot FX Spot FX Spot FX Spot FX Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/05/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/05/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL CHF EXCHANGE RATE .913796000 DEAL 11/01/13 VALUE 11/06/13 (ID: OCHFPR-CV-6) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) (137,445.220) (185,166.20) 185,166.20 (324,916.410) (355,567.77) 355,567.77 (271,498.050) (365,762.17) 365,762.17 (283,736.220) (382,249.44) 382,249.44 EFTA01547293 Quantity Cost (263,633.120) (355,166.54) Description GLOBAL MORTGAGE SECURITIZATION 2005-A CL B2 5.250% 04/25/2032 DTD 04/28/2005 (ID: 378961-AV-8) SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT 12/20/2032 DTD 10/30/2002 (ID: 81744A-AB-4) 1,012,818.787 410.95 $42,941.89 Quantity Cost 3,127,105.920 Per Unit Amount 0.004 Amount 13,681.09 Amount 355,166.54 Account Page 14 of 28 Consolidated Statement Page 17 EFTA01547294 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Type Settle Date Selection Method Foreign Exchange - Inflows Spot FX 11/6 11/6 11/6 11/6 11/6 11/6 11/6 11/6 Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Total Foreign Exchange - Inflows Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.591089000 DEAL 11/01/13 VALUE 11/06/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.591089000 DEAL 11/01/13 VALUE 11/06/13 (ID: OGBPPR-CV-1) $4,378,933.30 (201,432.360) (320,496.81) 320,496.81 EFTA01547295 (172,734.630) (232,708.09) 232,708.09 (245,541.160) (330,793.05) 330,793.05 (289,139.960) (389,529.35) 389,529.35 (225,195.570) (358,306.19) 358,306.19 (279,144.050) (376,062.86) 376,062.86 (257,709.050) (347,185.63) 347,185.63 Quantity Cost (282,021.380) (379,939.20) Amount 379,939.20 Account Page 15 of 28 Consolidated Statement Page 18 EFTA01547296 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Type Settle Date Selection Method Withdrawals 11/26 Description Misc Disbursement TRANSFERRED BY WIRE TO PERSHING LLC FAO SOUTHERN FINANCIAL LLC AS REQUESTED Quantity Cost Amount (5,992,414.75) TRADE ACTIVITY Note: Trade Date Settle Date 11/1 11/6 5/23 11/18 L indicates Long Term Realized 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 High Cost Sale High Cost COUNTRYWIDE HOME LOANS 2003-26 CL B1 5.33684% 08/25/2033 DTD 06/01/2003 @ 80.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 3,325,000.00 (ID: 12669E-RR-9) TO REVERSE ENTRY OF 08/15/2013 ZIONS BANCORPORATION VAR RT 12/31/2049 DTD 05/21/2013 @ 100.875 1,513,125.00 BROKERAGE 3,750.00 JP MORGAN SECURITIES LLC (BIDL) AS OF 08/15/13 (ID: 989701-BD-8) 5/23 11/18 11/20 11/20 Sale High Cost ZIONS BANCORPORATION VAR RT 12/31/2049 DTD 05/21/2013 @ 101.125 1,516,875.00 BROKERAGE 3,750.00 JP MORGAN SECURITIES LLC (BIDL) (ID: 989701-BD-8) EFTA01547297 Principal Payment SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT Pro Rata (4,397.390) 12/20/2032 DTD 10/30/2002 PAYMENT A/C PRINCIPAL (ID: 81744A-AB-4) 100.00 4,397.39 (3,243.08) 1,154.31 S (1,500,000.000 ) 100.875 1,513,125.00 (1,500,000.00) 13,125.00 S* 1,500,000.000 100.625 (1,509,375.00) 1,500,000.00 (9,375.00) S* Quantity (1,310,426 807 ) Per Unit Amount 80.00 Proceeds 1,048,341.46 Cost (1,009,028.64) Realized Gain/Loss 39,312.82 L Account Page 16 of 28 Consolidated Statement Page 19 EFTA01547298 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Trade Date Settle Date Type Selection Method Description Settled Sales/Maturities/Redemptions 11/25 11/25 11/20 11/25 11/20 11/25 11/25 11/25 11/25 11/25 11/25 11/25 11/26 11/29 Sale High Cost Sale High Cost Principal Payment IMPAC CMB TRUST 2005-2 CL 1M2 VAR RT 04/25/2035 Pro Rata DTD 03/03/2005 PAYMENT A/C PRINCIPAL (ID: 45254N-NC-7) ENTRY REVERSED ON 12/03/2013 FREDDIEMAC STRIP 303 CL C34 4.500% 12/15/2040 DTD 02/27/2013 @ 21.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 6,000,000.00 (ID: 31325U-EY-8) STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 6.000% 04/25/2033 DTD 03/28/2003 @ 98.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 2,726,000.00 (ID: 86359A-QW-6) Principal Payment COUNTRYWIDE HOME LOANS 2003-1 CL B1 5.750% Pro Rata 6.000% 04/25/2033 DTD 03/28/2003 PAYMENT A/C PRINCIPAL (ID: 86359A-QW-6) 5.250% 04/25/2032 DTD 04/28/2005 PAYMENT A/C PRINCIPAL (ID: 378961-AV-8) SEQUOIA MORTGAGE TRUST 11 CL B1 VAR RT High Cost 12/20/2032 DTD 10/30/2002 @ 74.75 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 5,701,000.00 (ID: 81744A-AB-4) Total Settled Sales/Maturities/Redemptions $3,821,510.37 ($3,740,071.16) EFTA01547299 $39,312.82 L $42,126.39 S (22,376.310) 03/25/2033 DTD 01/01/2003 PAYMENT A/C PRINCIPAL (ID: 12669D-YS-1) Principal Payment STRUCTURED ASSET SECURITIES CO 2003-10 CL B2 Pro Rata Principal Payment GLOBAL MORTGAGE SECURITIZATION 2005-A CL B2 Pro Rata Sale (33,101.250) (48,895.240) (1,012,818.787 ) 100.00 100.00 74.75 33,101.25 48,895.24 757,082.05 (33,101.25) (44,983.62) (746,953.86) 3,911.62 S 10,128.19 S 100.00 22,376.31 (21,369.38) 1,006.93 S (860,087.190) 98.00 842,885.44 (860,087.19) (17,201.75) S (4,828,630.620 ) 21.75 1,050,227.16 (1,014,012.43) 36,214.73 S Quantity (10,454.070) Per Unit Amount 100.00 Proceeds 10,454.07 Cost (7,291.71) Realized Gain/Loss 3,162.36 S Account Page 17 of 28 EFTA01547300 Consolidated Statement Page 20 EFTA01547301 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Trade Date Settle Date Type Settled Securities Purchased 11/1 Purchase 11/6 Description FREDDIEMAC STRIP 303 CL C34 4.500% 12/15/2040 DTD 02/27/2013 @ 21.00 JP MORGAN SECURITIES LLC (BIDL) FACE VALUE 6,000,000.00 (ID: 31325U-EY-8) Quantity 4,888,811.640 Per Unit Amount 21.00 Market Cost (1,026,650.44) Trade Date Est. Settle Date Type Pending Securities Purchased 11/19 Purchase 11/22 Description WASHINGTON MUTUAL MSC MORTGAGE 2004-RA2 CL CB1 VAR RATE 07/25/2033 DTD 06/01/2004 (ID: 939336-S2-0) Quantity 837,722.827 Per Unit Amount 77.00 Market Cost (645,046.58) Account Page 18 of 28 Consolidated Statement Page 21 EFTA01547302 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Summary - Euro Beginning Cash Balance Current Transactions INFLOWS Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Total Outflows Foreign Exchange - Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 3,344,562.53 $3,344,562.53 -3,742,706.47 (3,349,728.59) $392,977.88 -2,482,602.84 2,482,602.84 291,846.67 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 2,771,668.03 (2,506,889.10) 264,778.93 -$0.00 (3,344,562.53) ($3,344,562.53) 1,135,367.75 15,446,863.09 $16,582,230.84 (16,270,722.87) ($16,270,722.87) 837,388.58 0.00 (2,482,602.84) (2,482,602.84) 11,672,282.00 12,509,670.58 (12,482,602.84) (12,482,602.84) Period EFTA01547303 Value -US Dollar Value Local Value Year-To-Date Value* -Current Period Value 291,846.67 Year-To-Date Value* -Account Page 19 of 28 Consolidated Statement Page 22 EFTA01547304 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Detail - Euro INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 11/5 11/5 11/6 11/6 11/6 11/6 11/6 11/6 Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Spot FX Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/05/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/05/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) 389,529.350 (389,529.35) (289,139.96) EFTA01547305 376,062.860 (376,062.86) (279,144.05) 347,185.630 (347,185.63) (257,709.05) 379,939.200 (379,939.20) (282,021.38) 185,166.200 (185,166.20) (137,445.22) 365,762.170 (365,762.17) (271,498.05) 382,249.440 (382,249.44) (283,736.22) Quantity 355,166.540 Amount USD Local Value (355,166.54) (263,633.12) Currency Gain/Loss USD Account Page 20 of 28 Consolidated Statement Page 23 EFTA01547306 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 11/6 11/6 Spot FX Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL EUR EXCHANGE RATE 1.347200000 DEAL 11/01/13 VALUE 11/06/13 (ID: OEURPR-CV-1) Total Foreign Exchange - Outflows TRADE ACTIVITY - Euro Note: Trade Date Settle Date 11/1 11/5 11/1 11/5 11/1 11/6 11/1 11/6 11/1 11/6 11/1 11/6 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost Sale High Cost VOLKSWAGEN AG PFD ISIN DE0007664039 SEDOL 5497168 (ID: 928662-92-3) FRAPORT AG ISIN DE0005773303 SEDOL 7107551 EFTA01547307 (ID: D3856U-90-0) BNP PARIBAS ISIN FR0000131104 SEDOL 7309681 (ID: F07875-90-3) AUTOGRILL SA ISIN IT000113734 SEDOL 5256206 (ID: T8347V-91-5) CARREFOUR SUPERMARCHE ISIN FR0000120172 SEDOL 5641567 (ID: F13923-90-3) COMPAGNIE DE SAINT-GOBAIN ISIN FR0000125007 SEDOL 7380482 (ID: F80343-95-1) Quantity (1,400.000) (5,000.000) (5,000.000) (21,400.000) (10,500.000) (6,750.000) ($3,344,562.53) $0.00 232,708.090 (232,708.09) (172,734.63) Quantity 330,793.050 Amount USD Local Value (330,793.05) (245,541.16) Currency Gain/Loss USD S indicates Short Term Realized Gain/Loss Per Unit Amount USD Local Value 253.69 188.876 76.45 56.918 73.152 54.463 8.653 6.442 36.185 26.94 51.435 38.294 Proceeds USD Local Value 355,166.54 263,633.12 382,249.44 283,736.22 EFTA01547308 365,762.17 271,498.05 185,166.20 137,445.22 379,939.20 282,021.38 347,185.63 257,709.05 Account Page 21 of 28 Cost USD Realized Local Value Gain/Loss USD (340,287.60) (255,882.59) (327,646.17) (246,524.86) (329,132.36) (247,180.01) (150,262.96) (112,853.41) (329,196.98) (247,262.16) (319,967.65) (240,317.53) 14,878.94 S 54,603.27 S 36,629.81 S 34,903.24 S 50,742.22 S 27,217.98 S Consolidated Statement Page 24 EFTA01547309 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Per Unit Trade Date Settle Date 11/1 11/6 11/1 11/6 11/1 11/6 11/1 11/6 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost Sale High Cost Sale High Cost INTESA SANPAOLO SPA ISIN IT0000072618 SEDOL 4076836 (ID: T1700N-90-1) ACCOR SA ISIN FR0000120404 SEDOL 5852842 (ID: F00189-90-6) RENAULT SA ISIN FR0000131906/SEDOL 4712798 (ID: 759994-90-8) WORLD DUTY FREE SPA ISIN IT0004954662 SEDOL BDSV5Z5 (ID: 45545W-91-6) Total Settled Sales/Maturities/Redemptions (USD) Quantity (152,000.000) (8,750.000) (4,000.000) (21,400.000) Amount USD Local Value 2.474 1.842 44.518 33.144 82.698 61.57 10.874 8.096 Proceeds USD Local Value 376,062.86 EFTA01547310 279,144.05 389,529.35 289,139.96 330,793.05 245,541.16 232,708.09 172,734.63 $3,344,562 53 Cost USD Realized Local Value Gain/Loss USD (386,204.45) (280,396.74) (337,612.87) (253,565.27) (317,870.23) (238,727.90) (183,560.52) (137,861.18) ($3,021,741.79) (10,141.59) S 51,916.48 S 12,922.82 S 49,147.57 S $322,820.74 S Account Page 22 of 28 Consolidated Statement Page 25 EFTA01547311 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Summary - Pound Sterling Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows $0.00 OUTFLOWS ** Total Outflows Foreign Exchange - Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 678,803.00 $678,803.00 -678,803.00 (675,378.16) $3,424.84 -426,627.93 426,627.93 0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 426,627.93 (436,852.04) (10,224.11) -(678,803.00) ($678,803.00) Period Value -Year-To-Date Value* -675,378.16 $675,378.16 (678,803.00) ($678,803.00) Local Value Current Period Value 0.00 Year-To-Date EFTA01547312 Value* -0.00 (426,627.93) (426,627.93) 436,852.04 436,852.04 (426,627.93) (426,627.93) Account Page 23 of 28 Consolidated Statement Page 26 EFTA01547313 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Detail - Pound Sterling INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 11/6 11/6 Spot FX Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.591089000 DEAL 11/01/13 VALUE 11/06/13 (ID: OGBPPR-CV-1) LINKED CURRENCY TRANSACTION - SELL BUY USD SELL GBP EXCHANGE RATE 1.591089000 DEAL 11/01/13 VALUE 11/06/13 (ID: OGBPPR-CV-1) Total Foreign Exchange - Outflows TRADE ACTIVITY - Pound Sterling S indicates Short Term Realized Gain/Loss Note: Per Unit Trade Date Settle Date 11/1 11/6 11/1 11/6 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost Sale High Cost LLOYDS BANKING GROUP PLC ISIN GB0008706128 SEDOL 0870612 (ID: G91101-10-8) COCA-COLA HBC AG ISIN CH0198251305 SEDOL B9895B7 (ID: 588874-91-7) Total Settled Sales/Maturities/Redemptions (USD) Quantity (291,000.000) (11,300.000) Amount USD Local Value 1.231 0.776 28.363 17.88 Proceeds USD EFTA01547314 Local Value 358,306.19 225,195.57 320,496.81 201,432.36 $678,803.00 Cost USD Realized Local Value Gain/Loss USD (343,600.28) (222,817.26) (331,777.88) (214,034.78) ($675,378.16) 14,705.91 S (11,281.07) S $3,424.84 S ($678,803.00) $0.00 320,496.810 (320,496.81) (201,432.36) Quantity 358,306.190 Amount USD Local Value (358,306.19) (225,195.57) Currency Gain/Loss USD Account Page 24 of 28 Consolidated Statement Page 27 EFTA01547315 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Summary - Swiss Franc Beginning Cash Balance US Dollar Value Current Transactions INFLOWS Total Inflows Foreign Exchange - Inflows $0.00 OUTFLOWS ** Withdrawals Foreign Exchange - Outflows Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance 355,567.77 $355,567.77 -355,567.77 (339,220.24) $16,347.53 -324,916.41 324,916.41 0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 324,916.41 (313,066.58) 11,849.83 -(355,567.77) ($355,567.77) Period Value -Year-To-Date Value* -13,606,585.71 $13,606,585.71 (0.01) (13,612,414.52) ($13,612,414.53) (324,916.41) (324,916.41) Local Value EFTA01547316 Current Period Value 0.00 Year-To-Date Value* -0.00 12,641,566.58 12,641,566.58 (0.01) (12,653,416.40) (12,653,416.41) Account Page 25 of 28 Consolidated Statement Page 28 EFTA01547317 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Detail - Swiss Franc INFLOWS & OUTFLOWS Type Settle Date Selection Method Foreign Exchange - Outflows Spot FX 11/6 Description LINKED CURRENCY TRANSACTION - SELL BUY USD SELL CHF EXCHANGE RATE .913796000 DEAL 11/01/13 VALUE 11/06/13 (ID: OCHFPR-CV-6) TRADE ACTIVITY - Swiss Franc Note: Trade Date Settle Date 11/1 11/6 Type Selection Method Description Settled Sales/Maturities/Redemptions Sale High Cost ADECCO SA-REG ISIN CH0012138605 SEDOL 7110720 (ID: H00392-92-0) Quantity (4,900.000) Quantity 355,567.770 Amount USD Local Value (355,567.77) (324,916.41) Currency Gain/Loss USD S indicates Short Term Realized Gain/Loss Per Unit Amount USD Local Value 72.565 66.509 Proceeds USD Local Value 355,567.77 324,916.41 Cost USD Realized Local Value Gain/Loss USD (339,220.24) (313,066.58) EFTA01547318 16,347.53 S Account Page 26 of 28 Consolidated Statement Page 29 EFTA01547319 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Settled Foreign Exchange Contracts Currency Trade Date Settle Date Counter Currency Trade Related EURO U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR SWISS FRANC U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR POUND STERLING U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR EURO U S DOLLAR Nov. 1 13 Nov. 5 13 Nov. 1 13 Nov. 5 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 EFTA01547320 Nov. 1 13 Nov. 6 13 Nov. 1 13 Nov. 6 13 EUR USD EUR USD EUR USD CHF USD EUR USD EUR USD EUR USD EUR USD GBP USD EUR USD EUR USD EUR USD Amount Counter Amount Contract Rate Revaluation Rate (263,633.12) 355,166.54 (283,736.22) 382,249.44 (271,498.05) 365,762.17 (324,916.41) 355,567.77 (137,445.22) 185,166.20 (282,021.38) 379,939.20 (257,709.05) 347,185.63 (279,144.05) 376,062.86 (225,195.57) 358,306.19 (289,139.96) 389,529.35 (245,541.16) EFTA01547321 330,793.05 (172,734.63) 232,708.09 1.347200 1.347200 1.347200 0.913796 1.347200 1.347200 1.347200 1.347200 1.591089 1.347200 1.347200 1.347200 1.347200 1.347200 1.347200 0.913796 1.347200 1.347200 1.347200 1.347200 1.591089 1.347200 1.347200 1.347200 Contracted Base Amount USD 355,166.54 382,249.44 365,762.17 355,567.77 185,166.20 379,939.20 347,185.63 376,062.86 358,306.19 389,529.35 330,793.05 232,708.09 Revalued Amount USD (355,166.54) (382,249.44) (365,762.17) (355,567.77) (185,166.20) (379,939.20) (347,185.63) (376,062.86) EFTA01547322 (358,306.19) (389,529.35) (330,793.05) (232,708.09) Currency G/L Account Page 27 of 28 Consolidated Statement Page 30 EFTA01547323 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Trade Date Trade Related POUND STERLING U S DOLLAR Nov. 1 13 Nov. 6 13 GBP USD (201,432.36) 320,496.81 1.591089 1.591089 320,496.81 (320,496.81) Currency Settle Date Counter Currency Amount Counter Amount Contract Rate Revaluation Rate Contracted Base Amount USD Revalued Amount USD Currency G/L Account Page 28 of 28 Consolidated Statement Page 31 EFTA01547324 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 SOUTHERN FINANCIAL LLC ACCT. For the Period 11/1/13 to 11/30/13 Derivatives Account J.P. Morgan Team William Sheridan Justin Nelson Janet Young Gina Magliocco Jason Grosse Online access Banker Banker Client Service Team Client Service Team Client Service Team www.jpmorganonline.com No market value or activity to report during this period Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 212/464-1321 203/629-3124 800/634-1318 Account Page 1 of 1 Consolidated Statement Page 32 EFTA01547325 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01547326 JPMorgan Chase Bank, N.A. 270 Park Avenue, New York, NY 10017-2014 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Asset Account J.P. Morgan Team William Sheridan Justin Nelson Paul Barrett Janet Young Gina Magliocco Jason Grosse Online access Banker Banker Investment Specialist Client Service Team Client Service Team Client Service Team www.jpmorganonline.com Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 212/464-1321 203/629-3124 212/622-2770 800/634-1318 Table of Contents Account Summary Portfolio Activity Page 2 4 Account Page 1 of 5 Consolidated Statement Page 33 EFTA01547327 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Account Summary Asset Allocation Cash & Fixed Income Market Value Accruals Market Value with Accruals Beginning Market Value 8,328.84 $8,328.84 2.18 $8,331.02 Current Portfolio Activity Beginning Market Value Contributions Withdrawals & Fees Securities Transferred In Securities Transferred Out Net Contributions/Withdrawals Income & Distributions Change In Investment Value Ending Market Value ($8,331.02) 2.18 $0.00 (8,331.02) Period Value 8,328.84 Ending Market Value 0.00 $0.00 0.00 $0.00 Change In Value (8,328.84) ($8,328.84) (2.18) ($8,331.02) Year-to-Date Value 0.00 13,977,308.99 (14,754,723.93) 46,295,038.08 (48,239,500.63) ($2,721,877.49) EFTA01547328 576,476.32 2,145,401.17 $0.00 Estimated $0.00 Current Annual Income Allocation Account Page 2 of 5 Consolidated Statement Page 34 EFTA01547329 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Account Summary Income Summary Domestic Dividends/Distributions Foreign Dividends Currency Gain/Loss Interest Income Income Partnership/Alt Asset Distributions Other Income & Receipts CONTINUED Current Period Value 2.18 Year-to-Date Value 23,096.45 973.26 4,528.25 50,511.63 $2.18 $79,109.59 497,366.73 $497,366.73 ST Realized Gain/Loss Realized Gain/Loss Current Period Value Year-to-Date Value 1,902.00 $1,902.00 Account Page 3 of 5 Consolidated Statement Page 35 EFTA01547330 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Summary - U S Dollar Beginning Cash Balance Current Transactions INFLOWS Income Contributions Foreign Exchange - Inflows Total Inflows OUTFLOWS ** Withdrawals Tax Payments Total Outflows TRADE ACTIVITY Settled Sales/Maturities/Redemptions Settled Securities Purchased Total Trade Activity Ending Cash Balance $0.00 $0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position 1,000,938.62 (800,000.00) $200,938.62 -$2.18 (8,331.02) ($8,331.02) Period Value 8,328.84 2.18 Year-To-Date Value* -571,948.07 13,977,308.72 4,528.25 $14,553,785.04 (14,754,480.34) (243.32) ($14,754,723.66) Current Cost Adjustments Cost Adjustments Total Cost Adjustments Period Value EFTA01547331 $0.00 Year-To-Date Value* (201,768.75) ($201,768.75) Current Securities Transferred In/Out Securities Transferred In Securities Transferred Out Period Value Year-To-Date Value* 46,295,038.08 (48,239,500.63) Account Page 4 of 5 Consolidated Statement Page 36 EFTA01547332 SOUTHERN FINANCIAL, LLC ACCT. For the Period 11/1/13 to 11/30/13 Portfolio Activity Detail - U S Dollar INFLOWS & OUTFLOWS Type Settle Date Selection Method Income 11/1 Div Domest Description 3PM PRIME MMKT FD - INSTL FUND 829 FOR OCT @ VARIOUS RATES FROM 0.0000282% TO 0.0000856% (ID: 4812A2-60-3) Quantity Cost 199,036.620 Per Unit Amount Amount 2.18 Type Settle Date Selection Method Withdrawals 11/4 Description Misc Disbursement TRANSFERRED BY WIRE TO THE BANK OF NEW YORK MELLON FAO SOUTHERN FINANCIAL LLC AS REQUESTED Quantity Cost Amount (8,331.02) Account Page 5 of 5 Consolidated Statement Page 37 EFTA01547333 THIS PAGE INTENTIONALLY LEFT BLANK EFTA01547334 J.P. Morgan Securities LLC SOUTHERN FINANCIAL, LLC 383 Madison Avenue, New York, NY 10179 ACCT. For the Period 11/1/13 to 11/30/13 Margin Account J.P. Morgan Team William Sheridan Justin Nelson Paul Barrett Janet Young Gina Magliocco Jason Grosse Online access Banker Banker Investment Specialist Client Service Team Client Service Team Client Service Team www.jpmorganonline.com Transactions cleared and carried through J.P. Morgan Clearing Corp. Three Chase Metrotech Center, Brooklyn, NY 11245-0001, (347) 643-2578 Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). 212/464-1321 203/629-3124 212/622-2770 800/634-1318 Table of Contents Account Summary Portfolio Activity Page 2 3 Account Page 1 of 4 Consolidated Statement Page 38 EFTA01547335 SOUTHERN FINANCIAL, LLC Account Summary MARGIN Cash Asset Allocation Cash & Fixed Income Market Value 0.00 Margin Market Value 0.00 Short Market Value 0.00 Market Value Annual Income Allocation 0.00 Total Estimated Current ACCT. For the Period 11/1/13 to 11/30/13 Account Page 2 of 4 Consolidated Statement Page 39 EFTA01547336 SOUTHERN FINANCIAL, LLC Portfolio Activity Summary Beginning Cash Balance Transactions INFLOWS Total Inflows Contributions OUTFLOWS ** Total Outflows Withdrawals Ending Cash Balance ACCT. For the Period 11/1/13 to 11/30/13 Current Period Value 0.00 33.49 $33.49 (33.49) ($33.49) $0.00 * Year to date information is calculated on a calendar year basis. ** Your account's standing instructions use a HIGH COST method for relieving assets from your position Year-To-Date Value* -30,066.98 $30,066.98 (30,066.98) ($30,066.98) -Account Page 3 of 4 Consolidated Statement Page 40 EFTA01547337 SOUTHERN FINANCIAL, LLC Portfolio Activity Detail INFLOWS & OUTFLOWS Type Settle Date Selection Method Contributions 11/18 Misc Receipt Description JOURNAL FROM TYPE 1 TO 2 SUB-ACCOUNT: MGN Quantity Cost Amount 33.49 ACCT. For the Period 11/1/13 to 11/30/13 Type Settle Date Selection Method Withdrawals 11/18 Description Misc Disbursement JOURNAL FROM TYPE 1 TO 2 SUB-ACCOUNT: CSH Quantity Cost Amount (33.49) Account Page 4 of 4 Consolidated Statement Page 41 EFTA01547338 For the Period 11/1/13 to 11/30/13 For your convenience we have combined statement(s) for activity you conduct through J.P. Morgan in one package. Below are important disclosures relating to these different accounts. These statements may relate to various account types. Some of the disclosures are applicable to all of your accounts. For ease of reference the disclosures applicable to a particular type of account have been grouped together by descriptive headers. IMPORTANT GENERAL INFORMATION APPLICABLE TO ALL OF YOUR ACCOUNT(S) Important Information about Pricing ,Valuations, Estimated Annual Income, and Estimated Yield Market value information (including without limitation, prices, exchange rates, accrued income and bond ratings) furnished herein, some of which has been provided by pricing sources that J.P. Morgan believes to be reliable, is not guaranteed for accuracy but provided for informational purposes and is furnished for the exclusive use of the client. The current price is the value of the financial asset share, unit or contract as priced at the close of the market on the last day

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