Jpmorgan Funds - Fundsupermart.com

JPMorgan Funds
Combined Statement of Operations and Changes in Net Assets
For the Period from 1 July 2007 to 31 December 2007
JPMorgan
Funds
Combined
USD
America
Equity
Fund
USD
America
Large
Cap Fund
USD
America
Micro
Cap Fund
USD
Net Assets at the Beginning of the Period *
93,813,715,248 753,695,199 43,630,540 211,101,103
Income
Dividend Income, Net
Interest Income, Net
Securities Lending Income
Bank Interest
Interest on Swap Transactions
657,247,721
75,877,577
35,742,337
17,498,457
297,314
5,524,782
-
415,809
881,277
-
309,973
-
15,408
27,283
-
129,499
-
30,892
70,511
-
Total Income
786,663,406 6,821,868 352,664 230,902
Expenses
Management and Advisory Fees
Custodian, Corporate, Administration and Domiciliary Agency Fees
Registrar and Transfer Agency Fees
Taxe d’abonnement
Overdraft Interest
Interest on Swap Transactions
Sundry Fees**
687,200,545
25,134,087
32,985,495
20,062,935
149,268
115,233
22,919,092
7,742,851
43,240
375,774
269,317
-
-
289,981
328,702
5,456
47,678
11,775
-
-
35,627
1,386,795
18,586
106,804
35,215
-
-
70,880
788,566,655 8,721,163 429,238 1,618,280
Less: Fee Waiver 2,666,282 12,786 16,335 3,245
Total Expenses before Performance Fees
785,900,373 8,708,377 412,903 1,615,035
Performance Fees 907,457 - - 457
Total Expenses 786,807,830 8,708,377 412,903 1,615,492
Net Investment Income/(Loss) (144,424) (1,886,509) (60,239) (1,384,590)
Net Realised Gain/(Loss) on Sale of Investments
Net Realised Gain/(Loss) on Forward Foreign Exchange Contracts
Net Realised Gain/(Loss) on Financial Futures Contracts
Net Realised Gain/(Loss) on Foreign Exchange
Net Realised Gain/(Loss) on Option Contracts
Net Realised Gain/(Loss) on TBAs
Net Realised Gain/(Loss) on Swaps
4,839,444,167
160,024,873
(41,583,999)
2,611,274
6,459,844
(3,771,400)
(20,130,124)
43,339,250
601,629
-
(61,358)
-
-
-
1,355,237
-
-
-
-
-
-
18,550,018
-
-
-
-
-
-
Net Realised Gain/(Loss) for the Period 4,943,054,635 43,879,521 1,355,237 18,550,018
Net Change in Unrealised Gain/(Loss) on Investments
Net Change in Unrealised Gain/(Loss) on Forward Foreign Exchange Contracts
Net Change in Unrealised Gain/(Loss) on Financial Futures Contracts
Net Change in Unrealised Gain/(Loss) on Foreign Exchange
Net Change in Unrealised Gain/(Loss) on Option Contracts
Net Change in Unrealised Gain/(Loss) on TBAs
Net Change in Unrealised Gain/(Loss) on Swaps
(4,459,257,056)
(7,209,661)
(198,603)
(4,162,236)
(6,236,862)
1,338,840
1,572,996
(82,262,458)
(36,607)
-
9,833
-
-
-
(1,155,479)
-
-
-
-
-
-
(39,746,639)
-
-
-
-
-
-
Net Change in Unrealised Gain/(Loss) for the Period (4,472,152,582) (82,289,232) (1,155,479) (39,746,639)
Increase/(Decrease) in Net Assets as a Result of Operations 468,757,629 (40,296,220) 139,519 (22,581,211)
Movements in Share Capital
Subscriptions 33,346,792,069 632,806,439 24,072,520 15,734,052
Redemptions (44,441,854,247) (292,202,004) (15,323,604) (86,118,666)
Increase/(Decrease) in Net Assets as a Result of Movements in Share Capital (11,095,062,178) 340,604,435 8,748,916 (70,384,614)
Dividend Distribution (593,429,936) - - -
Net Assets at the End of the Period 82,593,980,763 1,054,003,414 52,518,975 118,135,278
* The opening balance was combined using the foreign exchange rates as at 31 December 2007. The same net assets when combined using the foreign exchange rate ruling as at 30 June 2007 reflected a figure
of USD 89,568,991,703.
** Sundry Fees are principally comprised of Directors’ fees, audit and tax related fees, registration, publication, mailing, printing, legal and marketing expenses
The accompanying notes form an integral part of these Financial Statements.