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<strong>JPMorgan</strong> <strong>Investment</strong> <strong>Funds</strong> - Global Balanced Fund (USD)<br />

Schedule of <strong>Investment</strong>s (Market Value Expressed in USD)<br />

As at 30 June 2010<br />

Quantity/<br />

Nominal<br />

Value<br />

Name of Securities<br />

Maturity/<br />

Coupon<br />

Market<br />

Value<br />

% of<br />

Net<br />

Assets<br />

Transferable Securities Admitted to an Official Exchange Listing<br />

Shares<br />

UNITED STATES OF AMERICA<br />

725 1st Source 12,604 0.01<br />

1,325 1st United Bancorp 10,043 0.00<br />

40,045 Abbott Laboratories 1,851,280 0.64<br />

5,875 ACCO Brands 30,491 0.01<br />

850 Acuity Brands 31,237 0.01<br />

975 Acura Pharmaceuticals 2,715 0.00<br />

2,025 Acxiom 30,071 0.02<br />

1,225 Advance America Cash Advance Centers 5,212 0.00<br />

725 Advanced Energy Industries 9,313 0.00<br />

575 Aecom Technology13,179 0.00<br />

2,600 Aeropostale 75,582 0.03<br />

2,950 Affiliated Managers Group 181,292 0.06<br />

950 Affymax 5,871 0.00<br />

4,375 Affymetrix 27,103 0.01<br />

27,956 Aflac 1,195,678 0.41<br />

600 AGCO 16,287 0.01<br />

825 Agilysys 5,837 0.01<br />

950 AGL Resources 34,095 0.01<br />

450 Airgas 28,118 0.01<br />

475 AK Steel Holding 5,840 0.00<br />

1,650 Albemarle 66,899 0.02<br />

500 Alexandria Real Estate Equities 32,010 0.01<br />

1,150 Alexion Pharmaceuticals 60,754 0.02<br />

1,725 Alliance Data Systems 103,422 0.04<br />

1,475 Alliant Energy46,816 0.02<br />

1,000 Alpha Natural Resources 35,110 0.01<br />

400 AMB Property9,744 0.00<br />

750 America Service Group 13,219 0.00<br />

675 American Capital Agency18,070 0.01<br />

850 American Dental Partners 10,302 0.00<br />

3,750 American Eagle Outfitters 44,044 0.02<br />

2,675 American Equity <strong>Investment</strong> Life Holding 28,489 0.01<br />

5,400 American Financial Group 148,095 0.05<br />

4,500 American Greetings - A Shares 82,327 0.03<br />

2,000 American Medical Systems Holdings 44,910 0.02<br />

3,000 American Reprographics 26,565 0.01<br />

1,825 AmeriCredit 34,155 0.01<br />

600 AMERIGROUP 20,217 0.01<br />

450 Ametek 18,277 0.01<br />

1,800 Amkor Technology10,359 0.01<br />

2,975 Amylin Pharmaceuticals 56,882 0.02<br />

4,050 Anadys Pharmaceuticals 8,626 0.00<br />

525 Ancestry.com 9,437 0.00<br />

425 Anixter International 18,415 0.02<br />

525 Ansys 21,685 0.02<br />

3,475 Anworth Mortgage Asset 25,142 0.01<br />

7,217 Apartment <strong>Investment</strong> & Management - A Shares 145,098 0.05<br />

7,982 Apple 2,039,800 0.72<br />

1,250 Applied Industrial Technologies 31,925 0.01<br />

900 Applied Micro Circuits 9,387 0.01<br />

1,000 Aqua America 17,505 0.01<br />

2,525 Arctic Cat 24,139 0.01<br />

1,035 Ardea Biosciences 21,471 0.01<br />

4,100 Ariad Pharmaceuticals 12,115 0.00<br />

3,100 Arqule 13,950 0.00<br />

1,199 Arris Group 12,356 0.00<br />

1,300 Arrow Electronics 29,926 0.01<br />

250 Arthur J Gallagher & Co. 6,201 0.00<br />

1,725 Asbury Automotive Group 18,820 0.01<br />

2,350 Ashland 114,457 0.03<br />

6,725 Aspen Technology74,446 0.03<br />

1,975 Associated Banc-Corp 24,964 0.01<br />

150 Associated Estates Realty1,921 0.00<br />

1,025 Astoria Financial 14,545 0.01<br />

700 ATC Technology11,602 0.00<br />

5,375 Atmel 26,579 0.01<br />

1,275 Atmos Energy34,712 0.01<br />

225 Atwood Oceanics 5,676 0.00<br />

1,750 Autoliv 85,032 0.03<br />

1,600 Aviat Networks 5,912 0.00<br />

1,050 Avnet 26,061 0.01<br />

450 AVX 5,949 0.00<br />

1,525 B&G Foods - A Shares 16,645 0.01<br />

350 Ball 18,634 0.01<br />

1,700 Bancfirst 63,104 0.02<br />

650 Bancorpsouth 11,833 0.00<br />

117,586 Bank of America 1,729,102 0.60<br />

1,175 Bank of Hawaii 57,299 0.02<br />

39,898 BB&T 1,084,029 0.38<br />

625 BE Aerospace 16,162 0.01<br />

2,350 Big Lots 76,774 0.03<br />

54<br />

Quantity/<br />

Nominal<br />

Value<br />

Name of Securities<br />

Maturity/<br />

Coupon<br />

Market<br />

Value<br />

% of<br />

Net<br />

Assets<br />

1,850 BioCryst Pharmaceuticals 11,387 0.00<br />

1,675 Biodel 6,524 0.00<br />

15,901 Biogen Idec 779,069 0.27<br />

2,275 BioMarin Pharmaceuticals 43,214 0.01<br />

675 BioMed Realty Trust 10,962 0.00<br />

1,600 Black Box 46,104 0.02<br />

1,050 Blyth 36,288 0.01<br />

500 Boise 2,762 0.00<br />

275 BOK Financial 13,370 0.00<br />

7,550 Borders Group 10,457 0.00<br />

600 BorgWarner 22,809 0.01<br />

4,875 Brandywine Realty Trust 52,991 0.02<br />

825 Brigham Exploration 13,122 0.00<br />

7,250 Brightpoint 52,309 0.02<br />

3,975 Brinker International 58,214 0.02<br />

27,171 Broadcom - A Shares 912,810 0.32<br />

2,175 Broadridge Financial Solutions 41,880 0.01<br />

1,575 BroadSoft 13,317 0.00<br />

4,350 Brocade Communications Systems 22,903 0.01<br />

725 Brookdale Senior Living 11,169 0.00<br />

2,075 Buckeye Technologies 21,777 0.01<br />

900 Bucyrus International 43,821 0.02<br />

225 Cabot 5,489 0.00<br />

750 Cabot Oil & Gas 23,771 0.01<br />

5,825 Cache 33,465 0.01<br />

2,075 Cadence Pharmaceuticals 14,712 0.01<br />

7,425 Cal Dive International 43,473 0.02<br />

100 Calix 1,050 0.00<br />

450 Camden Property Trust 18,634 0.01<br />

675 Cantel Medical 11,488 0.00<br />

2,475 CapitalSource 12,387 0.00<br />

600 CARBO Ceramics 43,992 0.02<br />

3,825 Career Education 91,666 0.03<br />

1,800 Carlisle 66,339 0.02<br />

4,700 Carrols Restaurant Group 22,654 0.01<br />

500 Cascade 17,717 0.01<br />

1,475 Cathay General Bancorp 15,355 0.01<br />

250 CB Richard Ellis Group - A Shares 3,535 0.00<br />

900 CBOE Holdings 28,876 0.01<br />

475 Celadon Group 6,849 0.00<br />

22,084 Celgene 1,115,684 0.39<br />

8,150 Centerpoint Energy108,436 0.04<br />

3,575 Central Garden and Pet - A Shares 32,926 0.01<br />

1,776 Charles River Laboratories International 61,121 0.02<br />

3,425 Charming Shoppes 13,203 0.00<br />

3,700 Checkpoint Systems 65,083 0.02<br />

1,475 Cheesecake Factory33,136 0.01<br />

600 Chelsea Therapeutics International 1,797 0.00<br />

7,850 Chimera <strong>Investment</strong> 29,006 0.01<br />

350 Choice Hotels International 10,699 0.00<br />

2,025 Ciber 5,619 0.00<br />

7,625 Cirrus Logic 123,716 0.04<br />

69,184 Cisco Systems 1,490,569 0.52<br />

510,673 Citigroup 1,958,431 0.68<br />

1,775 City Holding 50,357 0.02<br />

300 City National 15,900 0.01<br />

125 Clayton Williams Energy 5,474 0.00<br />

8,300 CMS Energy123,545 0.04<br />

7,000 CNO Financial Group 35,945 0.01<br />

750 CoBiz Financial 4,950 0.00<br />

2,200 Coherent 77,583 0.03<br />

1,150 Collective Brands 18,480 0.01<br />

387 Colonial Properties Trust 5,716 0.00<br />

1,400 CommScope 34,321 0.01<br />

1,350 Community Health Systems 45,596 0.02<br />

950 Complete Production Services 13,822 0.00<br />

268 CompuCredit Holdings 984 0.00<br />

6,150 Compuware 49,846 0.02<br />

6,075 Conn’s 37,786 0.01<br />

3,675 Consolidated Communications Holdings 63,375 0.02<br />

1,150 Consolidated Graphics 49,594 0.02<br />

5,400 Constellation Brands - A Shares 83,673 0.03<br />

900 Continental Airlines - B Shares 19,980 0.01<br />

4,050 Convergys 40,378 0.01<br />

1,275 Con-way37,931 0.01<br />

2,650 Cooper 106,583 0.04<br />

150 CoreLogic 2,684 0.00<br />

3,375 Corn Products International 104,912 0.04<br />

425 Covance 22,223 0.01<br />

925 Covanta Holding 15,656 0.01<br />

875 Crane 26,797 0.01<br />

675 Credit Acceptance 33,237 0.01<br />

4,675 Cross Country Healthcare 43,454 0.02<br />

1,650 Crown Holdings 41,481 0.01<br />

850 CSG Systems International 16,150 0.01<br />

345 CSS Industries 5,696 0.00

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