Jpmorgan Funds - Fundsupermart.com

JPMorgan Funds - US Value Fund
Schedule of Investments (Market Value Expressed in USD)
As at 31 December 2007
Quantity/
Nominal
Value
Name of Securities Market
Value
% of
Net
Assets
Transferable Securities Admitted to an Official Exchange Listing
61,300 WM Wrigley Jr 3,627,121 0.33
Shares
120,200 Wyeth 5,338,082 0.49
UNITED STATES OF AMERICA
1,034,779,997 95.22
1 ACCO Brands
199,900 Aflac
451,100 Albemarle
248,100 Altria Group
214,600 American Electric Power
343,400 American Express
16
12,551,721
19,261,970
18,972,207
10,096,930
17,585,514
0.00
1.16
1.77
1.75
0.93
1.62
BERMUDA
134,100 Covidien
157,200 IPC Holdings
449,000 OneBeacon Insurance Group
229,600 Tyco Electronics
6,018,408
4,648,404
9,927,390
8,662,808
0.56
0.43
0.91
0.80
334,800 Anheuser-Busch Companies
477,900 Assurant
844,700 AT&T
366,668 Autonation
17,828,100
32,683,581
35,832,174
5,676,021
1.64
3.01
3.30
0.52
BAHAMAS
295,300 Teekay
29,257,010
16,014,119
2.70
1.47
66,300 Autozone
370,378 Bank of America
7,998,432
15,352,168
0.74
1.41
16,014,119 1.47
273,430 Bank of New York Mellon
89,200 Baxter International
13,367,993
5,238,716
1.23
0.48
Total Shares 1,080,051,126 99.40
209,700 Bed Bath & Beyond
46 Berkshire Hathaway - A Shares
502,400 Brookfield Properties
6,127,434
6,440,000
9,972,640
0.56
0.59
0.92
Total Transferable Securities Admitted to an
Official Exchange Listing
1,080,051,126 99.40
236,600 CBS - B Shares
229,000 CenturyTel
6,494,670
9,565,330
0.60
0.88
Total Investments 1,080,051,126 99.40
810,232 Charles Schwab
193,200 Chevron
20,417,846
18,267,060
1.88
1.68
Cash 10,146,896 0.93
440,500 Chubb
590,500 Citigroup
24,073,325
17,520,135
2.22
1.61
Other Assets/(Liabilities) (3,586,715) (0.33)
313,600 Clear Channel Communications
109,500 Clorox
10,976,000
7,210,575
1.01
0.66
Total Net Assets 1,086,611,307 100.00
252,300 Coca-Cola 15,826,779 1.46
113,900 Columbia Sportswear 5,085,635 0.47
494,300 Comcast Special - A Shares
242,811 ConocoPhillips
122,700 Costco Wholesale
9,055,576
21,818,997
8,630,718
0.83
2.01
0.79
Allocation of Portfolio as at 31 December 2007 (Unaudited)
%of
Net Assets
315,600 Coventry Health Care 18,781,356 1.73 Shares
88,000 Crane
489,300 Devon Energy
3,845,600
44,487,156
0.35
4.09
Financials
Consumer Discretionary
27.47
13.75
209,400 Dover
138,900 Emerson Electric
508,000 Exxon Mobil
182,400 Fortune Brands
129,100 Freddie Mac
203,900 General Electric
197,400 Genuine Parts
152,100 Illinois Tool Works
85,900 International Business Machines
9,684,750
7,989,528
48,199,040
13,331,616
4,351,961
7,625,860
9,396,240
8,278,803
9,475,629
0.89
0.74
4.44
1.23
0.40
0.70
0.86
0.76
0.87
Energy
Industrials
Consumer Staples
Telecommunication Services
Health Care
Utilities
Materials
Information Technology
Total Shares
12.22
8.62
8.53
7.91
6.88
5.33
4.73
3.96
99.40
145,500 J.C. Penney 6,329,250 0.58 Cash and Other Assets/(Liabilities) 0.60
155,200 Johnson Controls
354,844 Liberty Media - Interactive - A Shares
5,706,704
6,905,264
0.53
0.64
Total
100.00
207,300 Loews 10,228,182 0.94
157,300 M&T Bank 12,860,848 1.18
97,200 McDonald’s 5,776,596 0.53
304,300 Merck & Co. 17,886,754 1.65
228,600 Metlife
523,800 Microsoft
14,132,052
18,872,514
1.30
1.74
Allocation of Portfolio as at 30 June 2007
%of
Net Assets
284,100 Northeast Utilities 8,880,966 0.82
754,400 Old Republic International 11,730,920 1.08 Shares
237,800 Omnicom Group
119,000 PPG Industries
73,800 Prudential Financial
151,700 Qualcomm
204,600 Rayonier
97,200 Raytheon
224,600 Safeway
558,300 Schering-Plough
152,500 Sigma-Aldrich
462,900 Sprint Nextel
429,400 Staples
157,500 SunTrust Banks
11,445,314
8,458,520
6,903,990
5,998,218
9,677,580
5,990,436
7,928,380
15,074,100
8,509,500
6,235,263
9,893,376
9,765,000
1.05
0.78
0.64
0.55
0.89
0.55
0.73
1.39
0.78
0.57
0.91
0.90
Financials
Consumer Discretionary
Industrials
Energy
Telecommunication Services
Consumer Staples
Health Care
Utilities
Materials
Information Technology
Total Shares
Cash and Other Assets/(Liabilities)
33.84
15.28
9.70
9.02
7.46
6.75
6.03
3.90
3.85
3.70
99.53
0.47
708,300 Synovus Financial
250,000 Sysco
17,070,030
7,965,000
1.57
0.73
Total
100.00
188,500 TJX 5,432,570 0.50
296,500 UGI 8,041,080 0.74
202,300 United Technologies 15,615,537 1.44
109,600 UnitedHealth Group 6,458,728 0.59
572,000 Verizon Communications 25,608,440 2.36
141,700 VF 9,988,433 0.92
69,200 Vulcan Materials 5,476,488 0.50
181,300 WABCO Holdings 9,061,374 0.83
393,700 Wachovia 15,149,576 1.39
170,900 Walt Disney 5,576,467 0.51
17,200 Washington Post - B Shares 13,753,980 1.27
357,900 Western Union 8,689,812 0.80
853,100 Williams 30,941,937 2.85
332,800 Wilmington Trust 11,737,856 1.08
666,817 Windstream 8,681,957 0.80
205
Quantity/
Nominal
Value
Name of Securities Market
Value
% of
Net
Assets