JPMorgan Funds Audited Annual Report - JP Morgan Asset ...

JPMorgan Funds - Russia Fund
Schedule of Investments (Market Value Expressed in USD)
As at 30 June 2013
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Transferable Securities Admitted to an Official Exchange Listing
Shares
RUSSIA
7,527,242 Bank St. Petersburg Preference Shares 9,078,102 0.99
1,968,956 Cherkizovo Group Registered Shares GDR 20,014,438 2.18
1,969,663 DIXY Group 27,590,998 3.01
6,295,590 Gazprom ADR 40,779,684 4.45
5,914,387 HALS-Development Registered Shares GDR 3,058,862 0.33
16,932,000 Lenenergo 2,390,738 0.26
1,526,100 Lukoil OAO ADR 86,911,395 9.47
252,985 Magnit 55,845,011 6.08
1,947,592 Magnitogorsk Iron & Steel Works Registered
Shares GDR 5,696,707 0.62
3,478,244 Mechel Preference Shares 5,615,014 0.61
3,895,540 Mechel Preference Shares ADR 3,330,687 0.36
3,153,874 MMC Norilsk Nickel ADR 45,037,321 4.92
2,957,936 Mobile Telesystems 23,282,166 2.54
1,205,527 Mobile Telesystems ADR 22,133,476 2.41
5,173,430 Mostotrest 22,539,716 2.46
513,356 NovaTek Registered Shares GDR 60,909,689 6.64
983,046 Novolipetsk Steel Registered Shares GDR 12,755,022 1.39
2,495,038 Pharmacy Chain 36.6 1,558,660 0.17
549,700 Phosagro Registered Shares GDR 6,599,148 0.72
8,160,400 Rostelecom Preference Shares 17,502,724 1.91
304,842,590 Russian Grids 9,822,845 1.07
9,008,888 Sberbank of Russia 25,303,589 2.76
5,140,575 Sberbank of Russia ADR 57,959,983 6.32
2,745,500 Severstal Registered Shares GDR 17,358,424 1.89
1,960,016 Sistema Registered Shares GDR 38,102,711 4.15
755,594 Sollers 16,225,770 1.77
54,645,200 Surgutneftegas Preference Shares 33,799,178 3.68
693,587 Tatneft ADR 25,093,978 2.73
1,686,300 Tatneft Preference Shares 4,913,140 0.54
402,278 TMK OAO Registered Shares GDR 4,606,083 0.50
236,958 Veropharm 5,011,083 0.55
3,450,000 VTB Bank Registered Shares GDR 9,765,225 1.06
720,591,567 78.54
LUXEMBOURG
1,056,732 Kernel Holding 14,940,452 1.63
227,884 MHP Registered Shares GDR 3,920,744 0.43
436,281 O’Key Group Registered Shares GDR 4,919,068 0.54
649,019 Oriflame Cosmetics SDR 20,403,773 2.22
44,184,037 4.82
IRELAND
2,079,768 Dragon Oil 18,138,542 1.98
18,138,542 1.98
KAZAKHSTAN
1,173,340 Halyk Savings Bank of Kazakhstan Registered
Shares GDR 8,509,648 0.93
174,189 KazMunaiGas Exploration Production Registered
Shares GDR 2,631,125 0.28
406,300 Kcell Registered Shares GDR 6,114,815 0.67
MALAYSIA
4,022,759 Steppe Cement 1,958,472 0.21
1,958,472 0.21
UNITED STATES OF AMERICA
167,853 CTC Media 1,871,561 0.20
1,871,561 0.20
JERSEY
204,700 Polymetal International 1,371,540 0.15
1,371,540 0.15
Total Shares 862,057,644 93.95
Total Transferable Securities Admitted to an
Official Exchange Listing
862,057,644 93.95
Transferable Securities Dealt in on Another Regulated Market
Investment Funds
LUXEMBOURG
35,600,000 JPMorgan Liquidity Funds - US Dollar Liquidity Fund
(JPM US Dollar Liquidity X (dist)) 35,600,000 3.88
35,600,000 3.88
Total Investment Funds 35,600,000 3.88
Total Transferable Securities Dealt in on Another
Regulated Market
35,600,000 3.88
Other Transferable Securities
Shares
NETHERLANDS
1,588,843 Amtel Registered Shares GDR* 0 0.00
0 0.00
Total Shares 0 0.00
Total Other Transferable Securities 0 0.00
Total Investments 897,657,644 97.83
Bank Overdraft (1,014,648) (0.11)
Other Assets/(Liabilities) 20,918,999 2.28
Total Net Assets 917,561,995 100.00
* This Security is fair valued.
17,255,588 1.88
CYPRUS
3,377,900 Ros Agro Registered Shares GDR 17,176,621 1.87
17,176,621 1.87
BERMUDA
3,071,919 Alliance Oil SDR 16,795,777 1.83
16,795,777 1.83
GUERNSEY
3,648,150 Etalon Group Registered Shares GDR 12,270,553 1.34
12,270,553 1.34
ISLE OF MAN
517,514 Zhaikmunai Registered Shares GDR 5,633,140 0.61
5,633,140 0.61
CAYMAN ISLANDS
128,599 Eurasia Drilling Registered Shares GDR 4,810,246 0.52
4,810,246 0.52
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