jpmorgan fleming investment funds
TRANSCRIPT
JPMorgan Fleming Investment Funds Société d’Investissement à Capital Variable, Luxembourg
UNAUDITED SEMI-ANNUAL REPORT - 30 JUNE 2005
JPMorgan Fleming lnvcstmenr Funds
i.'nuuditpud S~mi-Annuol Kepod / I I O/ ?(/!unr 2()/l?
1 2
3 4 7-1 1
12-14 1 r-17
18-21
38 40 d i 48 50 59 56 58 6 1 66 70 73 77 80 82 X - l 84 91) Y3 96 99
101 I O? IO? 1 ux 109 114 11' 121 f24 126 I 38
74 1 144 146 149 149 150
For additional information please Consult waw.jprnorgan.corn/asvermanagement
Li0 subscripririni CPII tie rcccircd s»lely o r i the basis uf this repor:. Subscnpriiirv are nnlr valid i f ninrle on rhc basis ( i f the currcnr prmprctus. supplcmenrrd h! thr laicsr aiidired ani iw~l reporr and, if puhlktied tincrczfirr. rhr latesi unaudirrd ïrnii-annual rcporr.
Thr prc~yxctus, rhc unaiidirrd ~çnii-annual rcpwts. a i urll as :tic audjrrd a n n d reporrs can lx oheiiried frcc of charge i'rirrn thc rcgkrrrd office i>t rhr h i i d aid From IOTLI p ? i ~ i f : a~"rr:'CF'rirritnu\cs AS lirrîd in rhi, reporr. - .. . ..
JPMorgan Fleming Investment Funds .4ùniini.~mtio11
Ar a: 30 1im 20(, i
I
Invcstmcnt Adviser: Ii’hiorpr Icrcstnieiit hian+pncnt Linlitcd Ttic princi?al plarç cii Iiusinçrr hcinp
I-iiiicù hiiipdom
Custodian, Corporate a n d Administrative Agent: 1.P. \lorgar ilicli L::xetnliourg S..\. Eiiro;,ean Uaiik & Biisinçss (;ctirrc 6 ~ W J I ~ ile Trcvcs LL-633 Çenriiiigrrlicrg (ïrai;d Duch:- oi Luxemhourg
Manager, Kcdstrdr a n d Transfïr Agent, Global Distributor and Domiciliary Agent: IPhIurpii î r w I1:in;igenirni ,T.uro?c: 5.à r.1. (iurrrirri! J.P. \lorpar. Fleriiiny .\arcr Ilan~~enieni iF.uro?c) S.à 1.1.) Eiirqic“n I h i k & Business Cciirrc 6 ruute (Ir T r k c r L-2633 Senriiiigçrbcry Grarid l l i c l iy of Luxçnibwrg
Independent Auditor: Priceu-:itrrtiu:ise(:oopcrs S . i r.i k h c x d’ciiirepriscs 4110 rOilte d‘Erc!: B.P. 1447 I - l i t 1 1 I.uxcmbourg G n n r l Iluchy of Luxenibourg
Legal Advisers: Ehingcr. Hnrr Br Pr;issen 7 placç \X-I~EIOI: Churchùl L-2014 1 xxenihomp Gr;iiid i’iurhy of Luxemhuurg
Pa) ing Agents/Representati~,es: Pm;t,/m/ l’+g Apentr: IPhlorgnii LIanli Luxmibourg S..\ Europenii üank 8: B:isiiiess (:cnuc O route ùr Trkvx I .-70.3 Sçnnicprlierg Lrai;d Duchy uï 1 .uzcinbourp
, lP.\iot~ui Chase Hank h..% 7-0 P;irk . \ \e~ixe, New- York h.T. lil0l--2iW 1. nitcd States and s u c t uthçr n i irr offices o r alfiliatcs as ma) I>c dcïisnatcd fwni iimc to rime.
rlimril.: Ulink .h?tria Crrdiiaiirtalt .iG (Jl>crc Doiiaustrasse IC) ;\-li)2il Vicniu
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;\vrii.ie dc Tcr;uçreii 2’0:X B-1 1 3 ’ Hruwcls
1ISRC ne\VAl\. S..%
2
JPMorgan Fleming Invemncnt Funds
Cntnbimd Stattmtni of.\-ei .4mh
A af 30 June 2005
LtiR Globd E- EUiCL h i i Divsrailrd Blucuid ûd~ncrd EURGlobd rondo- E w p Co-
Comblncd Fund GrrenFvnd Fund BondPwid Dinsm BmdPvnd B o n d P d USD L'SD EUR EU* BUR EUR E U E SU*
14,209.628.32j 413.392.553 iIR.1~~7388 17929,'57 970,886,015 92I.233.720 l,MIh,hlll,1W3 46.9U.Mi
589.~~'.818 IlP54.653 3.695,0?2 21,us5,10u 8.614.640 126,840 9.m.808 :m?% 1'45.1 4.449 - 10'9W,o(ri 4?9,RhY,UYY - iJZ.046 1.129.567
43,889,917 l.640.782 - 816.091 i-m,i?n ivpz ' . ~8 .4s ' 2.u6s.w 134,951.6'3 7611.605 673,IM 1,03'4.418 10.033277 9M,ü83 39.078.435 93.671
92 .1~4 3 B l 2'181 1,303 568
11.679,li2,POO 361,169,861 66,226,110 169,916,245 912.261.111 Yll,.Wd,dlO l,j27,413,474 45,158,679
134,810 1285 7 . M 820
49.6~l.251 542.620 - hR.973 533.938
l5,681259,0R9 456.ü48.jY3 72,52R,R9.; 2u3.33u.1~7 9~.913.690 1,0f03s7.w5 1,663298,793 su.714.6%
4'.084262 1.029.919.5lo 5'2.216 402.176 l.4w.525 6?.syi.02~ 1y.y68.121 - 52O.oB1
47.7+4.916 614.35, . 4'4,122 803.731 958,375 9-6.719 67.554 7,771,135 266.W2 39,W 183,691 59l.l54 159,632 849.964 29.7- 1.229.959 2,U'4~,083 90,698 11.115 N I 2 8 815'44 92.'135 2lll.jlu 10,521
- 191.103 2 4 7 . S - 132.195 27.766
1.173.255f05 1.?'4U.u13 lci.919 2,R46,237 85.'63,962 21,179.0h3 2.35I.521 901.222
14,511,003,W 455,010,340 7i,W,,976 200As3,9w W5,149,728 1.oW.ilü.W 1,660,947,272 49,811,UL
.;i,8m 33.4&4,116 - 192,204 1.1:8.771 16.15~202 3.072421 I ;4,9311 - 596254
15,21'.~3'4.726 35',765291 69,1114,553 201399,488 Ç99,620.7,;2 952,068.057 I,Xu,:44,;99 65.148.4*6 12.W.455.91.; 1'44.410.44: 66.38?,014 Z U ~ J J ~ ~ ~ Z ~ 774,645.9~ ~I .~ .S~IJ . I J~I w1.')16.992 41 .:z~i.~n iU.I33.144,058 !03,fd,fJ4 63.231.80S î19.131.408 994.254535 IS1,7%,fû8 680.729.612 12,411.5W.594 56.421.1124 66.148.1~1 455,RiA,W '33,6738: 102,~I4,J24 758.891.552 10,6%.454336 75.567.662 fh,:j4,57 547,248,958 V.;,951,3? 61.836.329 r9n.201.43ri
3
E"f0pC wuity lnsoms
Fund (I) EUR
E W p * Global Capid Global Capiral Global uu R s c w s y Eumps sslsci Eumps sSIsc* Lu.ops S h r i Gbbd 50 Apprsirtirin Prrs-ition Cn-dblc En-
Fund Eqdy Fund Lvgc C q Fund h i t i l i n Fund Equity Fund P d Pvnd BmdPvld &SD) Bmd P d EUR ECU EUB EUR USD EUE EUR ÇSD EUI
. 1,,54-,2-4)
83.650 80.952 125,862
h.ZY2 10,244)
7.2Y3
12125.1 W 10.9~i.129
m 4 n i
I 1 ,JW 724
13.033 6.629
Y61
15,504 11.063
66.745.VJ 134,602,542 d l . l i # . R I J?I,I?I.I41
391,910 i.011.896 1.CW.m
30.336.4'4 29.M0.13
3.369350 4 . m . w
4u.u9- 70,8)6
131.9s~ 12,'U3 s,m,
I2,il'
52R.047.424 I f 7.92.PJ9 47.39.525
~ ~ u . 0 4 7
z.6m
6.339243 2.826.YZB
9,428
404.142.026 J91.Ib7. I I I
5.œ5.71~ 4 u . m , w 611,841,231
811.881 3.M7.786
1,F3
4W3R.163 i69.011.933 l3,(W,l:5 60.3UI.Yj6 344,ZOI,W2 43.126.51U 37,Y8Y.563 SR6.463.265 19.W37S 522,859,515
- 13.85'220 76.024 57p47 4,ll4,W5 156,6'8 i76,453,M5 86.716 - z,96:.079 1.43n.036 7.032 183.887 495.801 - !.7W,03U
55,YjS 192.l8Y 7 . w '1.839 125.379 40232 34.861 49.943 16.889 207.3%
6.735 y 0 7 4 3,-1 h 1S.W J1,,544 I 1,hjl 11.1h7 93.69R *.A44 51.w
44.845 4 B . W
I16.039 172.59
732ZM 2.U31.01' - 6.959.W
62,093 14,20H,1YY ! 4 b , y h k 3,il52,35ü I,65Y,üU4 5b.'Jl5 1,155,267 ',YhZ,IIY I I I ,21i I85,HYJ,6Yl
w m 7 0 154.803.734 y 957Ao7 65,249,598 342.621388 43,û67.595 W,SM,Z% 5785û1.161 19,602164 3 3 6 . 9 f ) p
IIY.030.119 2-241.596 lW.349.285 331.+45375 55,482.128 38295.123 2 4 4 . ~ . 1 6 7 11201.159 331.5775582 174,074,278 1~8,Y~ü,u88 112.188.856 1381~1.729 67,436,727 6'.011,921 I15,Jul.YUI - 363.910.4û6
- 192.83.~.160 1.2~7.96i.752 - 213.136.791 139.5Y.531 103,091.4S2 - 227,0753325 . 143,0S3,RR4 299,675,973 - 86.6'6,'04 80.ML8.9lS 2Ro.41S.249 - o0:,1m.w
- 128,610,838 Y64.161126 - 5-0.816.750 1 6 5 . 1 ~ @ 9 412,938,545 - 15:.nuzm
JPMorgin PlcmLig Investment Funds
Combined Srdmmt OfXe: Assets (mntinue4
As a/ 30 June 2W5 -- ^-
Globd Global Globd G1"b.I Global Globd Globd &-Us Bond &-US Llr~, l i n ~ c i a l s Hrdihieck High YLld Oppominitiei Globd Seki Wobd Sbon Globd Total &mm
Fund 8m.U CnP Fund Fund Fund Baid Pwid Equity Fund Equity Fund Dursiion Pund Teletech Fund Fund FUR) UV) EUR USD USD EUR EUR USD USD USD ECR
148,201,674 34184,822 86.803.517 i-.612125 993318,403 i,2:',i45 162.w4.145 412,359,533 18.162.Rl6 I6U.21 I.Y30 14&457,174 ZU,87i,jl9 80,437,073 *4,17#,xn 07.i47.956 1,143,166 149,.W,892 4j6,761.836 18,859,357 150,150.W
2263,4,3 759.395 I.3'9.x15 195,521 91.872 1,846,ljU 1.825.9W 259,248 24.602.956
261.M7 I.W5.j38 - 14.76i,81Y 9,233 2,139,175 119.007 3..;,;2.613 20.934 2,910 UII.UZ7 370,Y4 2II.W' 25,562 i0.w - 2,315,47,;
11.m <,627 3.049 851 6260 15,929 182 13,yO
1-114 155
1,6:5,55U 26243 11Nl.423 50.3M 19,R39,9112 1.964 14'.902 ;P24.437 24,212 302.382
1 .74 3.724 2,4,;4 382 1.822 1.4YV
838.3ns 3Ï.5.135 201,222 521,150 8.558 827,111 16.1Y7.86L it1
4.R"R.IZZ
.WY319
157.ud1.835 35,350,1111 ~ 2 7 8 . 1 7 2 'q43t.143 1.u48.682.585 1,418,170 I 6',M1.380 4'5,425,547 18,596,964 1922U6276
MS,Rî4 137,rnY ?('4,74-
3'.R'I M.286 129,523
I9.5W 1724'4 24,.56;
454b6
- 39,629,MR - 1842.410 32,348,039
126,643 15,670,681 4.480 513.447 111.841 219.564 118277 963.655 1.663 32.013 69.2,8 17.985 2U3.469
12Y.130 2U.502 m . 1 1 1 2.897 25.8.30 45.021 7,039 32163
7.332 138,210 408.719
'237.726 463,ëY 658,815 ., 265.442 56,361,896 ~ 9 . w 3,413,700 33.1 12,309 32356 993.25l
116,804,109 M.h886,632 89,619117 78,167,703 9921M,689 l,W,L3ü 163,87,680 442,311,158 1&561pO% 191311.027
X15.88~,461 4.386225 131.83R.8Zi 53,399280 I,466,HSY.:YY 1.351,3'8 263,731,544 594,860,222 32.42~~622 24.17&851 255.420.931 57.867.U'1 84,852,265 jU.699.002 900,601.RRO 5249.579 364,IH,t28 5U5.U86.852 25,205,119 273.378.220 68.8.30.101 3u.639.405 39.670.5Y7 263.844.083 6.62d.u5l 17u.479.661 - 3721'.169 2'.3.699.866 116,151,415 16.8uu.131 68.963,4& U3.343832 33,021,i75 29LJ.626.254 - 55.932315 232,965,553 278.037.557 26.512~144 101.810.601 127.64Y.581 108,890,284 i6S,WU218 - l3l,Y88.07U
5
JPMorgui Fleming Investment Funds
Combincd Stanmpnt If X u i Asrttr (CO#HRMtdJ
AI r?t 30 June 2005
lAUn AlnuIf. US D a h J a p n 5ü Japan Sclcci Sckci Equity US Bond US D l i d p h e d Enkuiced US Select ES S m d USD Glvbd L‘SD Gbbd
Equity Fiind Eqwty Fund Fund Pund EquiyPund YleidFund EquityFund CipCorrPund B i l u i n d F d BondFund JW F Y USD URD OSD USD USD USD USD USD
7.wa.4n3.11~ 7,777,173,601
lllü,3X,5ll
83.569.148,~31 10,196,.;29 953.2I.i.0X 21,~,9Yl,lll I.IY5,IüZ.YVI 166.424.SS5 78.1J7.122.811 8.W5.971 %7,U7,fR5 211.J98.211 1.195.JN.2R5 117,4~%,J79 3.CPI.9j5.650 478.857 131.13’.619 126.276 177,894.!26 4.42,M’
31,3in.19: 674 .~92, i s~ - SII.I~Y.YU z . 6 n i . i ~ - 318l.lO5
1.N5293 21.652.850 36.24 4,949,392 232.215 3,46,,01R IRI.Ki2 - 554,724,973 66.1“: R l S . 7 M ‘9,620 5376.663 5,447 53.165
3.62s
13,124
7.21 2,958 X IS5
5.972.18 7.025
I 479 . 5,118,502 IY.j~6,!114
8.UY6.110.119 88,556254.756 10,782.28’ 1,4001,49,903 23’,111,RR3 l.SR2.5b9.4Y3 1’4,300,756 6,338,568 742.59.85Y 806.458.050
36.631.’08 6’9,493,359 . S79.661,Yhi -!w& 689,777 - 6.M3.SZY 55.120227 - 930.685.546 35.022 518,147 ~ 1 . 4 3 ~ 1,2(io,92: p 4 . 9 9 4 QYR I 48,m 45.724
728,636 n u . w n ~ i 6 18.186 1 4 3 3 l u 1 . T 103.e.41 131,487 7.089 387.787 24s,7on
1.072.’48 13,081,813 7,277 Ylh.936 3 w n Y Y , ~ ~ U 24968 14.Y44 n y m 82.18’ 5 lW3
20234 162.9m i72,Sbl
38.433.092 l,?ll,268.9~4 60.485 5R0.527.5RS 1 , 3 , 8 0 5 1,464,2448 4.051326 1û4,381 ..bM185 56.426.405
8,057,677,021 ô6,W4,985.782 i0,721,802 820,882.318 235,554,078 i,38i,i05J45 i70J49J50 6iZyh187 734,U70,574 750,031,643
536.980.959 77.169i39.717 liPiR.RS2 f1’,630,6nY 3’4,837,649 1119.1 18.835 274095169 3.669.wY ’63,425,143 l’H.781.105 - 4.Y95244.396 10.263.427 -l0.574,.% 271,721,442 R91.RXi.SS2 424,487,892 3.424.R112 721,367,32!1 654,667.409 - 22.7~i.RSY.I I O :.YUlJ’U 1.140.539.259 319.001.458 1.121.457.976 8 1 4 . ~ , 6 1 6 71.525.142 &4.118,516 RSO.128,iRl - 2:.601.59*.245 22m2.269 I %b.Ri in-~ 302v14771 I m i u m i m ? i RI WI WZ i w 2 u , 7 w ~i i 7496x7 i (17nî41 i ~u , . . . . , . . . ,. , . , . . . . . , . . . . .. . . , .- . . . . -. .. . . . . . .. . ... . , . .- . . , . . . . . , . .
61.115.410.1W 25.6:4.622 IJZR,RR0,73~ 212.ROR.249 324,8211,995 817,645,970 128,WI,4l9 1,072.871.653 894.746157
6
JPMorgan Fleming Investment Funds
Combined Stattmenr ~ ~ p r r ~ r i o n s end Changes in X t Assets
For the Periodfmm 1 ]anNay 2005 to 3O]uns 200i
Ad. EUU Glob4 E- Divaii6sd Blvs m d B d u i e d EL'R Globd Ponde D c
Fund BondPund Din.30 EUR EUR EUR
h b i n c d Fund GmnFund USD USD BUR
14.~.&39.710 357.765.291 b9.1M.553 IoiJ99,4M 999,620,752 952.068.057
33.084.164 5.YZ7.160 159,017 1,188.9l5 2U3.112.475 I~R.RRO 724,427 1,437,149 15.I77.722 lfJ.UYU.253
S,W,?iR 66.54: 11.160 114.7': 2U5,14: 1
47.7i2,RI i 2p65.523 245.391 1.110.4w 3.7Ul.65' 1.1"3.938
1,153,415 59.3J3 12,249 -2.142 13,531 3372,112 2M.48: 35.j03 5 5 W 6 I j9,RRS I .I ,052
2.495.127 UU.Ui6 3.54 48.674 235.186 6.443 l'.Y73
1.79R.1Ul 45,533 14,532 34.660 I'U.:62 26.558
.5h,hOY,SU2 f514,802 298.980 1.261.883 4339,632 I.3YZ.122 437.2467 8.290 3-?42 72'
56,l 72,21 .i fso0.-2 298,980 1258.541 4339.632 I3YI.3Yj
57,408,542 2.506.572 298,980 1,258,541 4,339,612 1,391.39S
182197.81 5 3.i56,UI 5 5Yb.254 I.4U2.3im 1i,lJ43,237 8,698,929
231.:'5.173 li.YZ3.1I23 !I,201,627l {8R,564; 25.739.298 (871; ;I n',ni 9.9~3: :14,*4i: '5.833 c438.129) (10245.U5~
(11,752,582) 834 .M 57326 (88145) (2.3W.77 <34.411.987) 7.495; 85.116 l55,71' (h.192,'UR)
797.267
7
JPMorgan Picmimg Invcstmcnt Funds
Cmbintd Siukmtnt q'Opemtions und Cbunpcs in Xti Amis (contimed
Fnr tùe Pmod h m 1 lmnaw 2ûûi to 30 lunt 2ûûi
1.yu,744.5w f.5.148.446 119,030.119 27,24596 im.wts 331,445,375 55,*a2,128
755,184 Z.OY5.IYi 23,:13,320 I,I2R,R31 2R.71:
91257 3.501 94.428
2x1.323 1,534,745 032,160 2.20R 12,585 4,194,119 3,365 31346 179.656 U.790 50.942
23J24.5-7 1,132,332 '55,iM 2,21R)40 263.817 1.726.9R6 4,2IR,W9 706,467
4,723,021 206,.;90 158,171 1 , n 3 3 ~ 9 1 a0.W 421 ,71 1 717,062 281,404 247.18' 32.21 8 44,152 R6,2? upiR 49,487 06,391 45.703 13-.a4' 11.'84 60 20.M' 1,930 9,727 42,863 9,824 333.14 12.740 9.862 34.650 1.816 14.478 67,351 8.880
2.484 214.721 I" 8 3 2 3,134 24.4r.u 1.16Y IU.ZY0 41.560 7.M5
.;,6;;.76(1 27.5Y4 217.863 1.198.683 88.937 505.693 935.227 353,416
1 3 2 12,452 II,R2R HY8 32.92' 0.182 27.21 5 0.61 1 .;,6;4,4SR 259.142 21J6.035 1,197,785 56.010 497.511 908.012 M4,805
5,654,458 239,142 2 ~ ~ 0 3 5 I . IY' iU5 56,UIU 497.51 I wB.012 M,B05
18.170.119 873,190 S49,14Y idi2U.555 2u7.U67 1129.475 3.310.89' 361,662
15.557.7M 1211.M7 16,488 14.02U.9Y6 1.8:81i1 1.971.8W Y83.458 3,133,851 (1.W.Yjq (379,4683 I R :lW 27.631 Z~.UYo 2'2.104 ( I j'2.443) (236,563 (R,43') 106.618 40.506 (y6.694: !31.526) (1.6UU.YT3) (19,395) (31,.390: 191 15 .14 13.815 (59.15ü)
io,a59.m .;76,217 (23.321) 14.021.U78 2.027.Mj ~0or.orn 886.764 3,315,279
38,5u(i,WU 76.832 2,116,169 3,421,021 WIbMj :351,931)
439.545 l.M 7.ZY3 3.553 9.380 &27i) 61,985
3Ro.UM 5.6YU.222 2.w5.u24 (4,497366) 7.667 I2R,2'8 W83Y6 9309 527 4.875 1 .m 1194 2,644 ( M i
.3R,149?42 435106 2121.191 3 . 4 8 3 , ~ 398,574 5.829,6'1 2.W.8YY (3.828.0i~
67,779,252 I,884,6Y3 264U.UiY l8.5U.639 2,634,086 9,113,106 6,2n:.5M (151.06Yj
6U5.88:.065 24.8in.442 42.438,MR 'I .18l.U32 1.U70.585 9.157237 144,Ul4,% 2,807,317
288,423,421 (1i.221.703: 38,117,451 17248,976 (16,925,275) (53.21 2.853) 4,968,353 (IZ.Z63,4M) (31'.463.W) l42.031.145) u 3 i l , l i ~ :5.3.932,66! ( 1 7 . 1 9 5 . ~ (62370.W (I 39.436.6411 (i5.070.7ai)
~
1,660,?47J72 49,811,436 40,77%470 154,W3,734 i2,951,4û7 65,249,598 M2,621,Zôô 43.067,595
8
Globd Capital Globd C+d Chbd Gl&d Ghbd Gbbd Global Globd ApprsFisiion Pmmmrdon Convcnlbk Enhsnfed E - U S Bond E d j S Sekct Finamids Hsdthrsch
Fund Fund Bond Fund (USD) Band Pund Fund SmlU C.p Pund Fund Fund EL'R EUR t;sn EUR USD BUR CSD USD
274.iaa 695,893 2,284 401.8:O :.560,24 426,650 115.584 3,.;02.061 52.604 b.OlY.91: 2.68IPSY 9'2 17.48 5,0!8
I:.Y45 5j.010 11.589 7,540 :6,6!Y :23.495 12.887
402.0:: :.OjZ.Wr 54,888 6 , K ,521) 2,h$9,029 4:V,40: I.'G6.143 L74.563
242.'01 1.864.Y.c &,.a:* 1 , 2 ~ ~ , z i n 3Y:.O88 202.i32 926.N4 i96.227
5.111 i4.VdO 4.000 5',L00 9,304 5p9' L3,VlP 20.LZ5 0.62: :11,:L4 4.10b -2.:59 2 4 . a ~ 9.813 24,985 :'.w
19.0"' 104.3-6 2 7 . 3 3 78,29: 54,:u + n , w 50.0?: 40230
7.2-d 53.513 3 022 51.9'8 19.795 8.31- 23.221 17,333
31J3iI?l z.:9[,,52a :2C,965 1.520.51~ LYY.z:8 386.IN 1.069.05L 639,559
26.2-': 25.22- 7,944 3.402 3.135 : s s 4 346 :,538
276-3L 2,16:,3k! 11-'.02: 1.5:-'.036 496,085 367,620 1.068.'OH 6j8,OZ:
3 9 2 . 7 2.W.05: ?1'.02! 1,5:,,036 sYl>.osl 36'.62O :.o6e,7oa 636,021
9,LC.I .: 15.: I 3 :62,133) 4.i3L.Je4 2,192,946 51.781 6S,435 :163.458,
606,094 lr.19R.fRR 663,834 1['.393.640 15,134,376 5.407.268 b,247,-75 I.j:V.13? , I L4-L; i429.2!5: ?31,4h0 'V72,530) 7.C5.0'6 (S ,OT; '8:,042: 3 5 . W
:220,:23; 24.wi .2,.303,'C5) (:.X3.856) 93,099 123.963 35.118 !66.865: !16,7Gl> ?1,264,269; (35l,68<, :1,+59, 25.%9) (5.575;
4a9,61j 6.0119.353 :.3+w,5y3 15,546,896) 21.205.710 5.388,':R 6.234.iY3 l.734.W
36.8143% 578,101,Ial iY,az,lw 136,994,824 156,304,109 34.U56.632 89.61Y.331 78,161,103
9
JPMorgan Fleming Investment Funds
Comhned Statement
For the Pcriodjxm 7 J u n u q 2OOi to 30 June 200;
Operrrfrons and Changes in :Yet Assets (cuntimed)
Globd Global G1ob.l High Yield Oppomnitien Gldd Mat Gbbd Shoe Ghbd Totd Return Jnpm 50 Imp." Sdect Hmd Fund Equity h n d Equiq Fund Duntivn Fund T&tech Fund Fund (BUR) Equity Pund Equlty Fund
EUR EL'R USD USD US0 BUR IW JR
1.4H139.799 1.311..374 263.73294 594,860,m 37,429.622 24,172,851 56,980,959 77,169,739,717
7.279.0'G 1!6,5W 55.93:
108.m
4P4.725 9 i 3 r 22,261 62.::2
2R,943 251.9:O 273 :2.16: 16.8'1 3.032 15.146 3-2.4b9 1. ,420. i98
8,\012,9Or 27,1:1 471.64: 669,396 IOI.)L4 813.2W 5,:36.385 3?:.bTy1,09:
41,195 zn,73:.?23 10.486.726 5 0 . W 1.506.A6Y (I*.Ob7.754; 652.i7U.8U' 9,736 660.9" (iz.a~o.w-, (3Y.51 i; ,7:.70.313!
608.835
1.!06 3.288 ,535.9RI: 49,277: (1,92+338) 6.8:5.000 5'.851.@00 ?02,:63: 3 3 6 ! ) 124.493 485.502 44Z.bj'
JPMorgan Fleming Investment Funds
C.imbined Statement uf Operationr and C h m p itr Xi Amis (mtihsd/
Fur the I'eriodJmm 1 Jannay ZWj to 3O.Jnne 2005
Iatln h c k n tis DOUnr S*I*1.t Bquity US Bond US D1.clpllned Bnhmntd us klsa us Srnd USD CImhJ tiSD Global
Fund Fund Bquh? Fund Yield Fund fkpiv Fund Cap Cnc Fund Bdmccd Fund Bond Fund USD USD USD USD USD US0 USD USD
15,038.852 717,630,689 371 ,n37 ,~9 i m , i i 8 , ~ 274,095.2f.9 3.669.069 763,425,443 694,781,105
231,662 :,805,216 1.296.:63 16.W.862 61,956 19,692,V.h 26.562
R1.189 230.47: 3,745 19:.liBu 1 ,@ 4,-*5
16,8!7 9,614,650 W30 6,5G,222 iO.Y21.~1
50 315,464 ::2.638
2.38.0: 3 :6.6JZ.P5: 2,::wr.; 19,696,531 . ..,,4.<3 -, i-.a97 X.595.336 :0.634.0J6
10h,UY :.w2252 : , m , i a s 669.532 859,:98 26,036 2.~51.510 i,52j.?80 33.269 b Y . W 59,637 116.485 58.72: 36.928 189,250 i Z 6 . T 9 . 6 0 '9,9M 27,305 36.13'- :4.-9n 5.512 15,03 411.002 2.805 : O R , ~ I Z 5G.862 65.41 36,:un 2 9 5 !16.MO : !6.nz:
2 Ob8 118,166 32.403 65.797 2 W 2 79') 83.289 fb,W
156.588 :,258,6:+ :.19~,992 9 5 3 7 9 YYL.355 '0.470 2.aq.512 1.885.456
26 UW 5.17: 40.'93 4Rt 1'. 14: 14.512 4,524 129,702 :.438.6i7 1,189,618 912sno 993.s:z 33,329 2.R'iiOii :.8W.932
129,702 ! , L I U , O l ~ l,lP9.618 '):I,% 993.8'2 33,328 2.835.;uO 1,880,932
10R.3'1 I 5 , ! 8 3 , 4 L 921.0~5 :8.783.94 520,%1 !15,43Z 7.660.236 8,+5J,I 14
11
3.4c9.C.5
93,>S1,'53 64,51282: S:.48:.82Y 11.466854
4,490,420 755 538,40219
:.:10.::5586 :61,307 Y6V 221.W<.I79
4.'16,15:.221 5@4,-20.523
1,17,154 631 1194,584.YiR
1.898.322.525
2YY.BZU.685 100,928.129 48.234.i59 -,:19.935
192,983 +'Z
723.51 :.355
1 J..592.7:6 : 6,Pkh 67'
97a.w.4
i..325.003
9.538424 564395
Zbi.063.303
1.21 1.969.260 451.900 137 610.43S.322
83.361.'9Y 850,052 569
3-3.966 912 16,360.224 5.658 121
16.224 58: 164220.54:
- - - I . WYd2 t.645.2:b
126.992.lrM 15,940.021
124.:i3.200
9.03.3.479
r.764.03~ 16.595 '19:
2.72.685 8 3 :W.868 947 ;7Y.S:1,73: 94,62'.261
112.851 84L
117.09~.5!6 6.041 -5;
2. i8 jsa6 .51~
39e,5:6.?1,i 153.342~2'l
572,301.ilS 2i4.734.431
169,59~.136 18.297S9 >l.q9.965 4.56Y Ub4
25,9&.<84
425.'98.760
405.'03 837 :s1.0w
59,263.9rR 5.6-5.318
S94 R6R
8.234.51:
48.3W.702 :2.612.:80
33.L32392
:.083,25a 736 ~ 1 . 2 5 3 gnu 78.89326 56,169 921 93.0Y.408
22.:~0'18
6,0660R:
70.635 750
6.06a.v:
:.368.2149f bZ.b7U.182
3R4.'32.842 3!,:26.4?9
5 jT.77L 970
3.449 615
&,980.3SR 53.(100.0bS 60,529.832 24.12'86:
3.5lP.3i2.525 534,256 OLO
I.lJ20.:~6.4i2
255.27 483 2 3 6 . ~ 363
1-4.535.479 R , ! ~ ~ . ? R T 090
!?&,-!:I 21a
5.179.13: 205 bZi.52L.W3
1.448..321, <.:6 :.O9'.101.':3 2.011.858 655
343.382.016 3.631.797
59.644 I22 9.003.946
35,611.43:
3a2.892.151
8az.9i5 533 155.m
43.429.302 :6.501.?78 4.325.003
7.865.539
ni.550.964
350.526.3M 3d:JVZ 872 9..;03.r95
4+407.8'? 143,326.85:
I .~52.0n8.~4 4:2.~03.130 323.061755 102.454.730 6'L.213.705
283.361.121 L11.9M
C,?72.615 19.712.252
145.789.237
302.2~.7n3 2s,28:.7@ 9.826.458 9.988.46:
JPMorgan Fleming Investment Funds
Stutement of C h n p tn th \umber qjJhans [m#hn#mj
For rhr Pnnrd@m 1 Jmua'y 2005 to 30 June 2W5
14-.889.0:2 5.33 1:-
10$."'9:3
:;I ,201.349
: ~ I . L ~ ~ . B s R
;.Wb.'W 789
62:.586369
4-677.808 364,;55.054
34,453 1.36
21.8:'.300
54.L64 951
27.4X6 732 124 609
22.902.9~0
i6,na:.-~o
!2.i87.306 10:.2:4
270.9:l 2S9
11,516.810 519 a95
4OR,L2t 289
38.513 9 7 254SOO.UY 35,080 50.;
2.8i6.792 973 3,274.123
i.051.913.!44
12.6L'.974 143.3~7.71a
921 245
146.024 59d
2.434 029 P3.509.026
540.'Y.l6Y :ZZ.:J3989
:a.630.399 33.611.417
a71.'11)j.zw
89,192,'T 36dAR1
4,849 om 4,563 989
~h0.823.nzi 26,42.361
5M,05- D99 383.:77.306
30.451.104 3.m- -4 2.:31 631
48.609 051 ?1.411.8:1
7?.20Y L59
:9.3659nil
656.0'6.295
68,539 719 82,'4 :16 83.JZS.966
111.18013
39-,392.042 45'.U6
889 540 32.639 249
27.4a6.732
150.13-.1cz
'13.51?.124 45.43; 220
251.101
560.216 4 C
-,:29 G90 L.wo wo
331,065 098 20.390 68L 3 0 . 8 6 3 . ~
:09,180.26a 852.36
5.5:1.522 152 63.574.626
3.816.220 L8' 120,681 105 153.19'1110
530 410
76.861 192
; .6G 061 :,234.RR:
605.72a79a
~ 1 , 6 8 0 308 '15,405 In2
293,3?2 9C4 G.'39 Ji6
2,131,601 696
5aw22.436 4.410.950 J.939.W 3,3a1 q8r
126.42j.i:P
48.995.374 2.3.489.j25 16.820.858
21P,P24 096 55.99107:
178.545 560 :.03.21)8.221
4!5.139.77*
38,929.579 3.296.962
26.633 560
1,488,563 121 62928.990
136.6'3 '1U a32.RW.715 239,~0.540 ~W.O[O.GOO
337,401 323 14,:59 971 4,065 702 1,6a~.490
6*-,3fA.'11
22I-.523.!2G 7.6X003 6.6M 86b
L41.695
6M253.5cI :2,981.824 45.14 480 :8.1+4 $03
579,292 22-
?'!0 542
35,093.363 Ifif,73S 12:
6.36.71 1.102 26,851.161)
680.535.562 :"9,8:193L 37849.864
2,49*.25R 9 . m
2GS.395.239
15.18G751 5.552 11:
: ,37,542,062
5,461 808
865.012.822 258.528.66' 5z6.538 92-
:b,RB.*RS 2,6&,169.99c
34.954 63L 18,096 154
37.360.169 lY.l9l.@L3
867,653.841 26,482.361
Ss5.031779 1is.6a7,'aj
:.:'9.142
13
479,112 L9r
355,5P:.566 7,491 82:
b40.W 761
535,420 9a8
46.t93 101 :,2263
2.692 025
2.163.762 950 :L,: !2 bbfl
8:6,032151 '0:.926072
:I.4@'.wL 1,'0d,9LI 94 1
189,26'1774
2.1'0.938.0-Y B6C.ILI
152.yLOY65 634.j29.869
3 4 Y 3 986 1.9.30.39: OR;
55.L90.W 697,n69.118
4,555,l b8.028 197,893.712 833.002.406 352.3W.272 1~1.0+2.342
m 6 a :si
9.:78.808 83.W
731,058.520 2G.2il3T ~83.325.a:~
6q:1,77,; 102,433,860
3Y.499.540 27,284 538
1'9.561 a86 6.108.133
21.201 481
637,555 270 19.668 463
;,aY5,4 1.083
847.bL.939 48.958 99-
55.571 442 6.5'7.YaI- 6.124651 1,439.644
65,351 461
41,5.9 I!?
6.050 i a j
25,853,205 3 . 5 6 890
153.882.7'9 12.553 023
606.883 2i8 ~ ~ 2 9 a42
4~9.981 ,452 1.282.231
18.837.245 96,908 652 :&8;6.261
804063.4:9
105.0.30 51,991.0M
4,055,353.520 37.143 :6L
4ou.29Z.VU2
a69.986 220 I Y +.M; p r o
73.43U.ZBY 24.7'6 3.;) 1,-<- -24
502.570 :!O
129,860 L94 29.608 062,
232.194.939
23.wz V?3
864,604.8.17
63U.834 f40 ; 1.548 099
691,340.64'1
7 6 9 5 1 330 22.148.78:
38.395.71' 808.833.868
a : . i , x m n
173.342 1% 969,039 lW8
8,'03.81' 2.283.489
42',<5:.123
:-,817 533 172 263
1.628.294
M5,370.271 3.051 14:
129.256.118 1,813.694
258.308 4l'
lW.062.LB2
l.ROR.~71
'84.389 904 507 532
11.95: '19 360.'53 835 6.W 666
280.4+3 572
~ 9 c . n o n 69',069.318
6,03r,L88 OI? 3'6.15621r 982.7C9)i L i!,HR2 2Zd
1.559,60l ,452
6:.:29,6d5 4.65 a9 I
11.221 847
1.29a.m 109
i ! : .b-9hT.I A , C ~ a74
2,598.463.9T
?VJd'1.64
.-.
695.1X651 113.32.133 -.lW 54'
9Ub.62J 723
63'.648.174 91.126 "8
1,:38.9W.127 :YY.6W9bL
2,99',557.198 85.58.95'
6.P78.74.UW
3bl,f741LZ 222959.923 313.002.400
6.654.981 485.990.105
G.309 685
6,919.914
1.184.245.8W i4.008.409 03.5.969.669 'W552.?33 22106423
2.057.458 754 191.591.143
2,096.529.62' :.63L 820
370.664 686 6998.58:
Z.LS3.YR4928
112.a2049:
JPMorgan Fleming Investment Funds
Stutistira/ Infbmuhon
Ret h i s t Vdus per Q ~ P I . in Fund Cumnry
30 Junc 2 w 5 31 Or-ba ?LO4 31 Deernber a003 31 Decmbcr ZmZ 31 Dcccmkr aOm 31 Ds~srnkr 2000
i6b.S: 1'7.84 166:A I4.C 25: 75
20,838.21
rd !.04!.2J 1.167 50
772.62 IW.BR
iZP3b 231 ?* 236.28 :W.l: 221.86
.. . ::O.bi 1m.9- :w:- 1!2 19
: w 3 9 :2L.O9 i62.41 1'0 3-
JPMorpn Fkming Isvssrmsnr Funda - Globd I Equity Fund IPMF Glob= 50 Esrvr .< .arc - usu :02e7
101.64 : M 9 2 8343 80 42
:58.19 : h f 1 8 36.69 :39.3- 24!2I
20.031 : 2
962 -:
7 l . i 3 :oI .eL
:,0'6 55
m a : 221.4: 22- 41 116 15 213 1:
89'!8
106.91 i n 1 9 r
146 'II 14- 36 1 4 61 : 19.9a :<7.33
10645 106.90 106 20 105.8: :os 26
143 63 1::58 I0'.33 141 R5 1'6.95
(d3.18
032 :8 -7 72
:I102 96.06 94.29 65.:2 R 3 61
10262 i03.03 :u3.27
109.9c : o m
103 32 100 08 1U5.03 8 4 : 6o.ns
13643 95 65 164.3' 10069 133.52 92.49 :20 a6 g.95 205.08 :11.14
:9.244+: 1a.33o.: I
922.3' Rh401
GS.97 627.69 98 Oj 92.!2
:,025.98 955.67
1:98: 11"09 2:3.83 20e 40 2!7.13 zI:.lo
202.49 195.96 111.86 109 59
BW:! 868.!3 io0 0; 104 10 iM.:6
138.16 1Y02 138.Z 133% :3:.58 126 99 :112i 1:o I(i :3'.21 :31.Ri
IW 58 1W.T 10:.25 1M.43 Ioi.21
13323 I05 I4 1W.!i 134 -3 :35.'0
@j 54
597.10 71.70
:05 73 Yo 3- 88 22 02 0: 77.12
1M.2. 1M.42 :W 51 99 YO
:oil f i
95 86 98.03 96.71
72 90 :a.n
540.6- 5 L : so 519 31
63 04
96.29 8.2 0: '9.62 56.8: 09:1
?: 62 729' 72.01 59 23 53.47
!00.91 99.99 : 0 5 7 104 22 96.42 9 4 . 4
14626 :42.33
!9.175 52 :9.345.51
:.010 72 1.M.I 33 1.163 li ... 1112
-28 co 760.10
. .
1GR.81 103.89 19323 1R406 195.X 18547 :02.07 :FA34 17ti.Si
844 8rr Ri2.63
662.22
i2361 1192' :2WR lld.47 116.53 l:!,Yl :0:.81 12O.LI 115.13
'75 01 914.59 770 s5 903 22 736 81 860 45
88 98
146.W :-5 45 124M :&.A2 1:9.65 !42.<3
103 13 121.9; R6 66
9: w 1194: P'I 36 120 66
R1.49 -1.Y 85.91
91.9) i;a 7~
JPMorgan Fleming Investment Funds
Stutisticul Infirnution (mntinncd)
1f.0.82 98 20 8033 86.3
930.Y1 1.01 3 5'
R1170 !08 03 io0 4:
10256 :01-3 :(I336
125.26 :2L 65 :36.46 :22.61 : 39 6n 98 55
:55 55 158 3 i :33.93 :ld.33 :**%
:28 m
:n- (,I
13061 :32.::
!21.zL 122.25 :3033 :'9 02
94 06
97.91 97.52
sr.as
102.38
13:.!40 134.:9 136.52 129 : I 139.40
497.56
525.14
:IS.? !16.87 :on 45 : I r a n :no 49
:ni in 101 52 :01 T:
:W.ZU :0249
35 6: 36.46 34.36 a8 68 39 3'
16
96.93 93.L: 76.06 82 60
n98.10 9-3.96 - 7 4 9 :P.65
!LO 2L ::9 28 :3u.z6 :!$.p- :32.59
149 5L :51 83 :Z-Y6
140.53 :i0.30
i20 01 :22.01 :23.1 :Ol.ib
:03 40 Y03.26 112.!' : a 8 8
89 7:
92.28 93.84 95.85
w o n
121.32 123.1: 121 76 119.29 126.75
485.03
514.'!
102.79 I h : 9 935' !02 91 e7 a2
IW.19 :W.% :m43
100.6'
33.50 34.13 34.5' 84.04 36.30
89:z 86.09 69 75 '6 65
a57 91 920 6a '3731
I L L 6 0 11 3.3' 123.rs 1!2.70 12503
14675 148.63 12L 94 108 52 136 50
9 i 2 9 96.59 97.61
7L.64 73 90 a w o
7'3 75 6; 76 22 78 68 -8.44
:m.74 :01.n'
99.29 :OI.Y6
:OZRS
431.76 4 7 3 3 456 85
'8.73 80.27 72.58 79.28 f h 1 8
2' 7: 25 13 25 34 62.54 26 34
:I857 :13.V4 91 89
X2.16
906 96 9-5-7 'SJ.8' 96.2:
11L LR
I0L -4 103.2P li2.2: 103.15 1130'
13*.9r. 139.32 11682 102.23 l Z 7 J
l2YhJ 131.2: 132.29
92.36 90.6-
IU1 41
9L.61 95 30 95 56
9740
YY.35 99 96
10056 98.05
:GI 48
67472 73: @ 7U4.M -4: 91
103.38 105.08 94 60
R5.52
36 92 3' 30 37.39 9375 38.54
13! O? I23 4 1 h? 11'
41401 979 j: 7-7 - c * 3.
:13'-
:0: 1 4
10'."f
:us "L
: i 2 30 13.3.32 :I1 5;
:2(1ni
:3u ar 160.5G :6: A?
102 P' :Ihi 3-
i03.(*
im 79 110.N 110.14
1:0a2
1M29 IW 56 1W86
101 24
'56 35 8:L.YZ 7R2 21 a i r i e2
i22.87 :2441 : I s 1
:[k).01
58 80 5 Y . l i 59 15
M 2:
JPMorgan Fleming Invcsuncnt Funds
Statistiral Injomafiot; (mntinned,
:04 :9
101 98 i03.62 105.22
10.105.52 10,3077
8.485 30 8,:4j 99 9,213 OR
LO.:Z7.83 !o.aas 02
; I 629
124 96 54.97
15463 IS'.'9 lS0.li 114.12 51.85
RI.!: 69 99 35.78
i w 4 3 87 L5
9n.49
:!695 !LH,53 1:99, 101)52 121 54
36.W 2 2 4 1 . : 11.01
11096 : @ o x
8L 90
69.5' 58.28
132,LR 12694 135.9- :I691 :1:3 :4bP5 : I 8 7
141.36 105 I4 140.65 : L o u 112.70 :38.82
7.651 !1 7 3 6 . 4 3 RJ3O 75 9.854 01 9.520 ZZ
84.60
86.26 1:1.19 1 X 7 8
iL8.67 .Led i l j .39
I " i 1
...
in':
?,36 68 I 1 ?7.&2
9l.Y Bo-Ub
78.50
1:s.w 11720 11834
119.60
125.57 111.86 107.30 92 5s Im 23
Y.69
Fa 22 66 '3
iZ2.87 : I u r a 125.67 XP.65 10'.84 133 5; 1:1,311
3 8 0:
:a.88 :34.57 108.94 132 4:
:n: 46
!O:.C7 !04.29 :05 011 ;0:79
6.025.56 5.739.08 b.AZ4.51 ?,RO5 97 7,378 :2
9,297.36 8,789.36 9.732.16
I : ,032 77
50.49 90.40 7:1 -1.62 '3.12 94 4-
78.2; 79.13 '8.60
IMd:
s2.02 66.99 69.31
158 76 161 92 15s 54 1!744 15663
:42 38 :w.zy i36.00 106.39 139.36
33030 131.72
97.70 :24MJ
12~.2a
123 :6 124 21 1:6.%
; I b i j
92 43 59 :2 5'21 60 43 M.9,
8 . 5 0 72.38
8! 55
82.Y8 63 2-
84.98 100.34
93 55 Y3."
94.93
JPMegan Fkming In%=r*rmcnr Fundi - US DoUsr Enkmnccd Yield Fund 118.3' 120.13
I 15.20 116.20 ll-:l
:os 02
108 86 108.4:
21.73 101 61 123.43
134.08 120.24 116.19 97.80 :O' 61
88.23
80.99
:35.21 129 45 139 07 121 fL 117.52 350.15 120.4
1484' 108 75 152.C3 l G f ' 116.46 l M E 2
::Ron 115.6: 109.03
35.L2 :36.63 :29.2!
118.27 loa30
58 :n 47.99 51 04 510'4 45.46
89.23 72 A9 76.93 84.45 6a.m
1:' 8L Y5 b2
?00.69
:w59
:06,bO !l5.95
92.30 111.9- 96.1 1
13490
13-3; :ME0 10670 12611
122.48
iaa.z: 121 h2
:18.:6
124.05 117.57
ii4.09
17
18
JPMotgan Fleming Investment Funds Soter to the L'nuudited finunnal Shtmmts froritinne~
Ar G t 30jnne 2005
19
JPMorgan Fleming Investment Funds Noh hr th L'nanditcd Finunnai Stutemntr lmnhnued)
As el 3OJune 2005
5. T a x a t i o n
tindcrcurrrnrkwandpracoccInrhcC.r~nd ~ u c h ~ o i l . u r t m h n u ~ , r h e F u ~ d i s norhabletoin) incomcmr,oorIrtdivrdendsdrsmbu~d h i ' h t Fundhablcmanywthholdng~. Howeve:r. t heFund .wth t h r c r r c p o o n o f r h c ~ u r o F o n d o D ~ D i r ~ m a n d t h o r ~ r h ~ c c l n r r c r ~ d c n d f i ~ d m r h c . ~ p p c ~ x , ~ r t iabkro anasm bnrcdraroi(l.O5?'.pcrmnurn, such u x hcmg payable quinttlp 4 calcolated on the r o d nct a s ~ c t s uf each sub-fund at thr m d oithc mkvant qunrtcr. Fur the Euro Fondo De Dmru and thorr Funds' sham clarrcr idcnoricd in the AppcndIr. the mrc 1s U.Ul% pct annum. Nu tax is p q a b l e on the pomon of assets mvtsttd in other unrlcmkmgs for colltciive invesunent nLeady subject to the 'l'arc d'ihonncmcnr
Sincr 1 ]ME" 2004, all share dnrrcr (cxcpr rhnu rkrr A (KC)) ai Euro Fonda Dc Dincro arc rxrmprcd from thc 'laxc d'nbnnnrmcnt.
No atamp d u n 01 other tax is payabk on thc MUC of shares m thr Fund in thc Grand Duchy of Luxembourg. Nu mx 1s payable on rcdlrrd UT u m a h i r d r a p i d n p p r n n o n n of rhc U I C ~ T oi rhc Fund m rhc Cnnd Duchy of Luxembourg Nthough the Fund's r e d s e d capital pn!. whether short of long-term. are not expected m bccomc taxnbk in mother counurr-,rhcshntcholripsrnusr h e i u a r c n n d r c c o ~ ~ s e t h n t su~hnposwb~~-isnotturdlymcluded.~ereylPrincomcoftheFund iromsomcofitssccundcs.n~wrllnrinarst c-cd on its cash dcporirr in ccrum counmcs. mi! bc suhlcct tu withholdmg t a m at myng r m s . which normally cannor he rccovcrcd
6. Stntcmcnr of C h a n g e s in lnvrstinents A list, rprcify~ng for each xn\ r i rncnt wrhm r ich rub-fund the r o d purchaser nnd s d c ~ w h c h accurrcd during t h ~ pcnod under r m w , m y bc obmncd ircc o f c h v g t upon rrqucrt n r t h ~ r ~ ~ ~ ~ ~ ~ d ~ f i ~ ~ n f r l ~ ~ F ~ n d . A d d l ~ n n P l i n i o r m n o o n o n r n v c s r m c n r s u n r h i n c i c h rub-fund'rpordaLoanv~ablcrorharrhhollcrrntthcu~srcrcdo~ccofrhefuod.
7. Value of Financial Inmumcnm md Associated Riekr T h e F u n d en twcdin tu fon-ard iu rngncrchnngr , irnmndfururcr ~on-trmdopuonrwhch.m~~~ngdc~cr.rcprcscntnrnnrketriskincx~csrufth~ m u u n t r r f k r u d o n r h r Cnrnhinerl Srattment nf Ntt Assets. The amuunt o i t h c cuntracts represents the a u n t u i t h e Fund's parncipauon in rhese financial insrmmnts. Market nsks associatcdwth such cnnrracrr a n s ~ doc to h e parrihlc mnvcments m ionrugn cxchmgr ram, tndicts, and s t c u n y vducg undcrl!ing rhcrc mruumcnrr. Other mnrkcr and crcdIr risks include rht p u w b h j char them may b e an llLqud rnarkcr for thr conmacrr, thar P change in the sduc oithc contracti may not dircrdy mrrdntc with changes in the d w of th~ undulymg curtfenucs. mdcer. UT SCFU~UCS. or thar rhe counurpq- to P conuact defaults on its obhgnoun IO perform under the t e r n s of the contract.
8. Secutidca Lsndng 'l'hc Fund may lend p o m u n r mfirr WCCIIOC~ pnninLn ro third pnroer. S w h lcnding mag only bc c f i x t d vm rccugmrcd de-g hourrs, LIT through rhc mrcrmcdmq oi pnmc financialmroruoon~thnrrpccidrcin rwh ~ c n v i u c r s i d m rhc modur sprcificd hyrh tm Such tmnmxuonr may not b c c n r a c d r n r o i o r l o n p r r h a n 3 0 d q r . I f r h c l o m o i s t c u n o c r cncrrdr 5O:tofthcrccunncr pmrrfahnofthc ruh-fundconccmcd,ir~~?"~y b c c i f c c r d o n cond~oon thnrit II p o i r i b k m t c m n a t r thc lumrunrrac tu i rh i m m d a t r c f k c t . l h r Dirertur.\1.11lmrur~diatrcu~nucs anringimmrcciinoralen~ngarrangcmcntrnrrm arcordancewith usudmnrkc tp ramcc a n d t h n t t h e F m d r e t a m ~ ~n~pprupnnr~shrrcrhcrcui Ilwing the pmod. at least 6553 ui any m c r e m m t d mr-umr c-arncd hum ~cc~iouci kndlngwar accr~cd t o the ipphcihlc Fund. with thc rtmuntnglnvonie payahk to the r r l w m r prnie? which arrange the trdnracnon T h c i m o m c e a r n r d f r u m the rccunoralcndmng~rograrr. i rde t~ l l ed in the Combined~taumcntof~)ptrmons and C . h r r q e s ~ n ~ e t A r r c t r . A> 21 fllJ8m 2@@5 the :-und 4 m o n of sccunuc~ un luan 1% Z-SD 1,5'0,422,493. T h e table below provides thc US dollar duaoun of ICFIU~UCI on loan BT B rub-iund Irud BI at 30 June ZM15
USD USD
20
JPMorgan Fleming Inveutment Funds ;Voter fo h a Lnmdrred Finumid Statcmcntr (ronhnne4
Ar dt 90)unp 2005 I
12. Authorization of sh--clnssc8 in Hone Konp The tollowmg sham-darrcs SIC aumodzcd in Hung Kung and are avvlnblr m Hong K u n ~ rcsidcos . JPMF Global Shos Ilununn A :acsc> - US13
JF LSD Global Bahnccd A (aec) - USD * JF LSD Global Bond h (see) - USD
21
1338,910 0.29 3.240.525 0.7: 1.896.:12 0.42
9,216.998 20.3 ~.::(J.:?Z ai
m i . a o 3 : 30 no.'Ioz 0.05
6.513.943 i .41 7,459.09: 16' 3,025.93- 0 66
1:,081,676 2.44 4696.838 103 2.8:8.112 062 1,490.133 0 33
*1,76?,929 9.1 R 6.:48,125 i.35
110,602,218 24.31
-~
7,000,310 : 54 5.275.249 1 :6 3.351,57! 074 8.5523" : aa 2.37546P 0 5 2 . . 2,2T689 0 5 0 4.196.897 092 5.2::.569 ! , : 5 3.093.644 06s 4,%0.430 105 3.363.00,l 0 iL 6.292.81' I 36
4.942,<"2 1.09 6,269,<5- 1.38
10.5:5,55Y 2 31 8.695.35 191
!.999$-4 (1''
88331.IML 1Y.39
20.651.7.42 4.Y
1.651.880 1.68 I.SM.3:I 0.X 7,X',910 1.71
16.9U.tM 3.73
6,615,350 1.4
2,884,000 0.63
9,49930 2.m -- 1,S92,753 0.35
721.053 0.X 2.066.068 0.45
6:7,55U G.:A
2.048.998 0 . U 1.026.'19 0 36
8,653J03 1.90 -- 3.301.46 0'3
3.%,4B6 0.13
3.293.19' 0."2
3,293,197 0.72
2,8573' 0.63
2,857,561 0.63
-- --
1.YU.146 0.33
392,m2m U.8
22
.SOI,TH KOREA If7.W W'rbzm
4,479,381 0.98
J.3?9.'95 6-j
3,379,495 0.15
-- --
41,054,653 9.02
603,184 0.13 ~- -- 455.053,m 100.00
*A OE setA..n.
35.7.3 13.16 12.2s 11.92 10.30 2.RO 2.65 1.1: 0.31
90.85 9.15
*A nf
Nsthrsts
1' 32 1: 34 li.03 9y: Y . W 3.01 2 33 1 4' 1 2 7 : 23
88.55 i:.Lj
100.00
23
JPMorgan Fleming Investment Funds - Asia Diversified Fund
Schedule oflnrertmentr . Ontstandng I-inrrnml Fuhnpr Contmcrs E q t w r c d m USD) 4rat30lnnp200i
C""C.C)r
(Shmtt) / Lung Pndinn
24
JPMorgan Fleming Investment Funds - Blue and Green Fund
Srheaile Iflnrtstmentr Expmssed $11 El.;@
As at 30 lune 2W?
BRAZIL 1O.WO Cnmpmh:.Vslr do ho Docs .U)R 215.386 0.34
U5dM 0.Y
224,044 0.31
211.716 0.29
211.156 0.29
178,154 0.25
178,1!4 0.z -- 167.976 0.23
167,976 0.23
163.446 0.23
JU'EDEV 9,514 SKF - B 86,579 0.11
aO>n 0.11
:89,07: 026 27.026 O l e 260,766 036
308,053 0.43 226.979 0.32 166 o.m
11291.788 15.71
5,65,6677 7.87
25
JPMorgan Fleming Investment Funds - Blue and Green Fund
rchdulp Iflnvertmcntr f l . q -cwd m F-L'Kj lmnnnrru4
Ar ut 30 lune ZOO?
!2.01 0 9 ~ 0 , ~ M ~ ~ . 1.045.525 : 45
1.045325 1.45
U N m D STATEJ OFAMERIC4 46a,nnu 3~ 392.MO h m c n n Erprrir
l ,W.351 1.48 21 00.@55r0000tb 1.393.355 1% -- 3388.4m 4.71
1 2 . 0 6 0 5 ; ~ ? @ ~ ~ 0 1,995.138 2.'- 21 00.05~00W9i 1.393.339 3 4 --
3.3as.477 4.n -- i5.o:us:nnrmvO 1,998.375 2.78 --
1,998475 2.78
W E D E X 2.001.000 Spin-=b
16Je.296 22.48 --
3.3fJ.138 1.69
3,163,138 4.69
71,883,976 100.00
3.440.764 4.79
26
JPMotgan Fleming Investment Funds - Blue and Grecn Fund
Srhedulc Oflnuertmnts Eqrvsrcd m EL'R) (mntinrpdl
As ~t 30 Tune 2W5
'
14:4
i 83 2.75 I82
40.35
5.69
n a i
3 10 2.44 2 28 2.14 2.03 1.99 1.62 1 60 1.22 0 8:
24.92 34 73
IO0.M -
27
JPMorgan Fleming Investment Funds - Blue and Green Fund
Srheaidc Oflnmtments . Outstandiq Fonvrrrd Foorsign Excbmge Contracis @:rprPrrad in EUR,
A s a: 30,Jnnc 2007
Amnun, SVld
20-Jd-05
m ~ ~ . n s
2@-!d-05 Z U - J w O j
20 1m.05 20-la-05 2 0 - J d - 0 5 CSD 2.101.310 EDR 1,'35,5% 2.62:
EIX EUR ECR E m EI!R ip s
(Y92,m41
28
JPMorgan Fleming Investment Funds - EUR Global Balanced Fund
Schmduk ~flnwstmirs &pursed in ECR)
233.229 530.724 1 R O . a S
239,L:C 339,151 333.ii7 334.763 281.286
~9a.69:
l3,62- 297,098 :B1.P6 389.208 2V7SYU 369,231
1,1:ese2 ;67.620 I'3,9fS 228.915 311,365 ::0.882 417.989 M2.3L2 Z!Z.Zi8 19U.493 293.U2 i .UIz.:Y Y
219.2:4
1.310.782 5U6.76 224,2L5 4 5 8 3 4 250.:56 2Y5.1:5
323.5:2 902.32 101.698
212,3-a
390.373
i90,YSr 303,:~n 399,356 51:.:16 9r(.,220 4a3.242 330.3:- L3-.026 255.633 '11,431 40.106 M7,9'5 72L,::L W3S32 392,795 216.523 2-2.96: LZb.,O' 2;1,3:5 198.549 366,928 2 3 4 6 386,MZ 5?5,dC,9 43-,69j 36'1.263 169.411 594,69-
228,099 316.023
301.'45
504,512 025 2225.452 1.1:
404.39: 0.20 691,:id 0.35 9b7.979 0.48 555.376 0.28 '4+,929 03:
1.3'6.233 0.69 291.38 0 . 3 489.713 0.24
!,104,5?9 0 54 628.254 030
0.56 0 25 0 09
0.16
(22: 0 3 3 011 0 10 0 15 0 5L 0.1: 0.:: 0 65 0.25
0 23 c 1 2 0.15 0 1 V 0 10 0.<5 0.!0 U :u 0.20 0 20 0.25 Tr 4' 0 2r 0 I 6 0.22 0.13 0.2; 0.22 0.30 0 36 c.35 0 20 il 1 1
n.::
n 0'1
n::
11,166,838 8.56
33!,3& 1'5.341 245,753 208,451 229,855 26:.963 m2.180 :95.345 401.945 231.9M S09.193 189.434 326.715 24.498 22-363 298.414 437.27: 24:.588 273.158 19i,'78 196,8:9
328.551 5s9.867
i23,623 111,278 .>...a :81.075
397.n49
isn.173
. .- .._
1 4 3 . 3 ~ ~ ins.741
1~2.173 300.8!0
2'6.091 64,871
270,844 458,994 ZU6.514 4Ri.669
509,029 !?.E52
::3,oin
0.1- 0.09 0.:2
O I ! 0 13 u 35 0.10
0.12 0.25 0.09 0.!6 0.12 0 I! 0 15 0.22 (1.12 0.11 0.10 0.:0
0.16 0.2- 0.09 0.00 OM
0 09 6.17
0.15 0.05 0.11 0.03
0 24 0.10 0.24 0 06
0.01
o.in
0.20
0.20
o.ne
o.ns
n i j
0.25
295,ZGG O i 5 1.31J.296 0.69
~ : , 6 8 0 n19
405.292 020 37:,570 (1.19 487,:71 0.25 9Y6.C.35 C.50 963.i5Q U.48 LO3W.6 020
1,3<2.'96 0.07 33 .065 0;:
1,998,530 1 W
3:a.i:a 0:s
5~0.023 0.29 1.0:1.43s n.io
489.203 0.24 793,049 0.40 640,696 0.42 311.3M 0.19 609,295 0.30
29
JPMotgan Fleming Investment Funds - EUR Global Balanced Fund
Srheohfe of Inmtmnts k p m d in tI L:R/ (mntinw4
A s at 30,1nne 2095
311,233 616 ... 1:11' 056 .. 9vu,:zn 040
309,112- ii : 561.364 025
7,122,141 3.55 -- 659.-50 033 509.02a 0 2 5 SY.332 0L2 3 Y L 8 J 11.18
5L:,.32' 0.2- 585.571 0.29 55.W9 0.2a
:,617,4n- O R :
813,39l 0 4 4
596.962 ii 2:
ZRl.161 1t!4 5,673,707 2.83 ~- 621.1:' 0.31 t l V 9 6 b.26 911','82 GL6 887.54 Gc4 5i19Y 003
63:,hi2 0 32 39-,201 0.20 322,765 0.16 461,119 0.23 222,246 0.1:
Zel.161 0.14
1oo.Mo.130 50.19
5,061,513 2.52
s i . 6 a o 0 2 9 ti6.36: b16 266,106 014 598,[,10 030 438.43 0.22 406.G38 k20
'1'3 fi 19
o 21 5 15 (I 1u 0.04 !.00 c OB
0 n-
262,011
331,966 426.:01
lli318.3:d iU.526 78,286
1.999.587
375.3'6
Z.U22,62U 1.41
FPiLA\rn 5jUlY F n n - 18,292 Vrrlio 13.254 k d c Od 78.05- Now%
1,74 -
0 43 0 5 0
2 2- 0 03 0 .P
no;
h'DRWAY 5i.9M StX.,r
577.220 0.49
30
JPMorgan Flcming Investment Funds - EUR Global Balanced Fund
.Vcbednfe !flnuestments &pmsreed in ELX) (mnhnme4
As ut 30 lune 2005
144,990,395 1213
401365 0.20
Told Invcairnmw 179.209.751 89.39
a/. of Nsl hn,.
14 86
7.94 3.30 2.w OU 0.22
a.27
0 10
37.17
12.15
5 4 6 a.26 . . 5.18 L93 L 81 3.:2 2 .a 2.M ; :n
32.22 IO.6i
100.M
:.6n
a/, O f ssr Amscm
20.4- :3 :9
3 19 2 91 1 9 1
0.25 0 16
n 41
0.09 0.03
42.80
i 1.08 6.06 L 78 4.46 4 21 3.97 3.87 1.15
2.38 1.5'
48.61 8.59
1.on
31
JPMorgan Fleming Investment Funds - EUR Global Bdanctd Fund
M e d w l e oflnrwtmentr - Ourrtundtng FitiawcialFufun~ Cmtfmds EAprcrred m ECR)
A I ut 30 June 200 i
FUR EUR CSD CSD
EUR GBP JPY us0
Jrbeddc oflntwmmrs - Outskandiq Forward Foreign Exchange Conhnh F+iJed 111 E L'R) AJ at ?O lnne 2007
103,963
68,973
Amount Sold
CHF EUR hCR EIX ECR hCR FI!H EIJR GBP CIBP j PY S5R SEK E D USD
2,560.755
222,130 :.330.323
i?,R23,M? 70'1,287
:.3':.90OL 28,236,466
i,d62,':4 45'1,180
IIR.W9,650 26.c.5S.M:
2.Y49.974 11.9~2.55:
f,PR2.16+
m,mm
CIBP CHF DKK CIBP JPS NOK SEK USD CNF SEK OSD EUR tiRY EUR JW
:30.158, il :U.U6,'
,16,1SR, 54623
:.218.666] 3*.611 26,212
(33,305)
(15.623 280,284
p.298)
9,602
32
JPMorgan Fleming Investment Funds - EUR Global Bond Fund
Srhcdnh oflnveshenfs F q b n s s e d in EL'RJ
Ar OI 10 Ivnv 2005
1.540,27* 5250.81
lA.VY5,liP 3',384,7L9 30,j43,501 1 :.Pi6.21 i
8.627,:Uj
33.903.952 :6.405.'49 2.3i0.659 :.732.49
M . A L I , ~ ~ O
0 ?? 0 58 i.66 4:7 .3 35 13: 095 3 72 3.*6 181 0.26 0.19
198,472,432 21.93
1,991.439 0.21
61534.V42 67.99
--
16.97
4.iO ..,' 4.57
.. 2.785.:02 0.3: 2.002.523 0.22
960,621 0.11 2.298.493 0.25
4:,315,738 L.5:
32,183.64: 3.56 Y.06!.026 100 1.354,'f: 0.!5
:5,961.&53 176 2 X 2 5 . T 2 - 2K48.942 3 22
92691,219
01 :126,'25W,i 22,C15,355 2.46
22,475,355 2.48
33
26,910,411 1.98
61,510,372 7.47
Of Nn Asan.
Z'JZ 21.93 16.9: :3.35 9 41 3 81 2 9, 2 53 2.46 2 o i 1 N, : 2' 0 72 0.3! 0.29 G.23 0.22 0.21
101.26 7 2 6 '
1W.W
v. "f Nusr A s s a s
22.54 1909 1 7 % :2 03 i n i ?.E$ ihl 2 1rR 2 4: : 91 ; 66 0 43 0.39 0.34 e 23 0 Z? 0.?6
95.13 4 7-
34
I JPMorgan Fleming Investment Funds - EUR Global Bond Fund
Schedwle Ojlnvesrmcna - Outskandini Finuncid Fuhrres Confract; Fhpxrred in E (!K) A r at 3U June ZOO?
'
~lCO.323,44?) i:.iu.z60 71,913,795
(35,429,420; (89,59:,wg:
pbq io: 2.180
90,855 39,958)
:385.82:)
576.057 R.121.726)
798.515) !2P95.392! 9,396,T.A;
C6O.377j (2,192,593
(30.516) 671.078
JPMorgan Fleming Inverunent Funds -Euro Fondo De Dinero
Scbcdulc oflnrvstmcntr (Eqmssed in E CR) A s ut 30 June 2UUj
92,388.8M 9.15
16.~8'.53~ 17,956,291
14,993,909 8 .98534
14.9H7.699
14,968,699
4.97'952 Y.LYO.496 32$6;,253 5,994.02s
10,293,433 4.396.685 1,984,259 4,988,183 8.96:.194 7,965,104 :,C5,322 4.979.537 d.991.059
14,957,324 12,989,339 9,894,129 8.989.072
I S.932.37 6,977,755
'4,996,523
a.993.1~: Y.989.53c.
I o.mn,aoa
a,989,033
i,9?3,82n
a.991~26
8,975,340
I :.48:.521
. .. 1.6
: 39 U.89 : a9 0 '9 1 4 9
0.49 ('9' 3 22 0 59 0.89 : 02 0." (I 99 0 49 0.39 0 79 0 18 0 49 0.89 : 48 : 29 0 99 0.89 : 5;
0 as
0 a9
0.69
0.99
0.JV u UP : :4 (1.99
~- . ... .
5.49595833 0.M
815,564,050 86.16 --
36
7,. O f Nsi Aa.sir
36 96 :3,99
-.94 6.74 4.89 L 45 1.20 0 '19
(I s4
91.29
i n 29
0.90
a.7:
loo.w
30 -9 Y.76 9 65 1115 -.34 4.73 1.50 3.9 2 94 2 30 2.16 : 05 : 114 0.94 0.9* 0 . w c, -1
90.31 9.69
100.w
141,652,335 8.53
20,802,349 1.73
20,802,349 1.73 --
170,454,684 10.2h
1.604.6101)93 96.13
9,901,808 0.M -- 44.43531 2.67
U1,316,899 21.15
l,M4,Y41312 lW.M
106.701.135 6.42
'li of Nst Asnsr.
43.28 29 0' 6 ci' 5 5- 4 1: 2 y e : 77 ::9 :.I-
92,449,179 5.57
69.335.863 4.17
n :: 96.73
3.27
Toral 100.M
%Of He, Alsms
28.10 28.08 m 8
n 04 8 00
d.0R 3.' 2 16 :.A2 0.95 0.03
91.11 2.03
0.26
8,563,916 0.52 -- 38
JPMorpn Flaming Investment Funds - Europe Bond Fund
Schhaduh of Imrshmts - Outstanding Finanid Futnm~ CnnWdrtJ (Eqrwhad in E CR)
As at 30 June 2005
C""C"s)
BCR El!R 6UR
(113.615,140! 10.2S.220
196,: 89,025
(29696Q i.660
165,105
C""="C)- hmrr""t
Sold
EIiR :37.4200'18 GBP 94.2M.89b !2,.348,25q GBP 94.2'17 056 EUR 13'.055.916 Z157,lC'l
(191,1031
39
JPMorgan Fleming Investment Funds - Europe Corporate Bond Fund
Schc~We oflnuestmmts (zxparcssed in EL'@
AJ ~t 30 lune 2007
:2:,w>3
72.00- 589.'1*L 22'1.55[, 195.658 184.532 129.669 N 3 d 4 t-*.?04 43,6'8 479,262
252.024
132.4s1 88,861
:r.,729 242.670 :Sb,*l? &:.an 343,675 ... I ' . 5 7 :76,L5 :R6,89R "0.216
211.'25 152.671
20.622 23'1.459 1S5.365 R0.599
229,'93 1 : 3.00:
. .--
0.!4 ...a 0 46
G 3' 0 26 1.5' 0 f6
0.86 0 2:
0.26
0.31 :.69
2.j6 0.35 (I t R
0 4 3
. <
n 39
n 99
0.1s
n.L9
0.69
n:4
0 7 :
n so 0 48
. .. . . 120,201 (126 261.563 05f 1:Y.382 036
.. . .. . , ... . . 2401.:3/6.8~5!b '82.-2! 1.57 24.01.B/~.1504~~ 52-250 1 06 1911 08,5.5M% lf9.f53 U-6
2,316,098 5.0:
-- --
09.!2.49:7 881%- 9 9 , W II 20 2410.4 15 369%' i.208,3:5 2 43 3: :Z49,6.!7i*/2* 159,3-7 (1.32
1,467,481 2.95 ~-
800.492 1.61
28.09.09/5625% ?19,46R : 09 24.07.15;3.875"% 2X,863 (I 51
771,331 1.55
16.60 664,041 1.33
26 0'1 49;6.500%- 585.733 1 :8
JPMotgan Fleming Invrstrncnt Funds - Eumpe Corporate Bond Fund
Schdnk ujlnwstments Expmsed in E C@ /cunhnncd)
337,738 0.68 -- :5*l5,3.:5wO- 102.63: u?:
TOM h d r 45,787,752 91.92
179.129 0.36
Csah 710.756 1.55
2,116,589 4.23 -- 49,811,436 1m.oo
v. O f h'u A u S t l
18 :6 16 M 14.39 1z.15
6.97 2.95 :.K. 1.35 1.33 1.18 0.98 O.% 0.95 0.M 0 7 0.66 0.61
In 5?
..
0.1: 0.34 0.X
5.b0 94.m
'/a 111 NU hU"
20.24 10-6C. 13.87 :3.85 8.W 7.63 1-52 3.06 1.06 1 .06 1d1 1.02 0.92 OW 0.59 0.52 0.30 0 16 U.lb O.I!
4.91
100.w
95.w
41
I
I JPMorgan Fleming Investment Funds - Europe Corporate Bond Fund
Srhednle OjlnwsfmmiJ . OutJfunding Finmriel Fnwus Contmrh E + m d in EUR,
A s d 30,June 2003
srp-05
ssp-us srpoi
Scp-05 EUR hLR
GBP Ei:m
~16.2Y01 :2.13u; 12.553
:2:,90:
Am"""t h i d
Unrsaliasd Gain/(Lo.a) ,
lR..*"gTr: IS-hug-05
9,679,562 :81.762 i3.830.482 '43:,2he'
( 2 4 7 , 4 q
42
JPMotgan Fleming Investment Funds - Europe Equity Income Fund
AI ai ;In June ZOO5
38,263 48.164 4 a . m 48,401 42.415 50.530 50,:1i 39,383
1',21 !
60.-91 218.192
46.522 122.541 148.574 .161,565
72.L23 66.-29
:0',006 46.765
1,514,901 81,058 50.371 L5.819 52.*65 50.559
246.990 5L.649 45.0'3 S4.28:
SU.196
28:,722 4:om AYW2 Li.433 L2.013 5:,01? 43.381 L3.849 t9.<3: 45.991 57,230 60.656 40.Y3
333,218 44.886 5:.42: -6,7L5
3 3 x 8 L6.631 53,475 63,139 91.359 42,790 47.665 70.762
9'2.32 M.213
!52.%5 99,320
439,:OI C3.551 98.M,8 a8,lj? 41.91' 49.815
:.20A.5'2 66.623
48,094 43.611 53.380 Li.96' 78.496
5 t d 6 136,364
40.60Y
49,669
:70,49i
46,288
353.094
0.09 0 12 0.12 n 12 n.10
0.10
0.12 012
0.15 0.5; OOh 0:1
0 16 1 :3 0 18 0 16 0.14
n 30
n 26 0.11
0.12
3.72 0 20
0.1 1 013 I' il 0 6! 0:3 01: 011 0.69 0.12 0.12 0.12 0.10 0-lL E l l 0.il 0 :2 0:; Tr :4 0 is I'.IZ I, R2 0 11 0 I 3 0.19 0.0R 0.11 013 n:5 0.22 0:0 0 : 2
0.1: 0.12 0.38 0.2L 1 on 11.1 1 0.24 0 12 (,:I1
2 95 0 16 0 42
0.1: 013
n 12
n 12
n u n 19 n i l 0.23 o a: u.:n
0 I L
43
'8,3R? 17,149 P.451 51.207 32P& h'p9' 70,039 a359
241.:83 49.2YJ 51,529 +.OX
15.9'1 46.315 71507 66.SY 48.828 '0755
72.168 51,263 80.595
23u 5n.w
6Y.485 85.380
148.272 156.856 48.758 BL.912
US81
4+,602
x~.915 659,;51 76,03* 38.73
ICd,bZL 64.152 45,652 66.635 75.465 621'1 45.1 14 49.919 x.959 7s.m 50.092 52,092 48.865 48.031 45.:22 45,605 67,932 45.2:2
0.:2
0.m 0.!3 0.08
0 1: 0.16 0.59 G.12 0.13 0.:1 0 !I 0 ;I 0.11
0.16 0.12 0 I: 0.12
0.13 0.20 0.00 0.jZ 1.65 0.21 0.36
0 12 02 : 0.12 : 62 0.19 0.09 0.26 0 ? b 0:1 0.; b 0.!9 0 15 0.1:
OX 0 19 0.13
0.13 0.12
0.!1 0.:7
n OY
0.17
n is
n.18
n 38
0.12
n m
n.il
0 :1 0 :3
.-.- . 0 m
14,943,076 36.61
n 12
--
4 6 7 4 75,954
401,052
1 ~ . a - 6 s0.2:1
2 - 8.033 48.402
%,790
34,326 L2.556 60,513
iis.63n 351.19: 40.502 51.234
323.433 so,n;o q 4 3 5 43,785
42,920 50,726
114.33L U4.699
151,507
0.1 i 0.18 0.68 0.12 0.9f 0.!1 0.26 U:2 0.0r o.:c, 0 . 5 n 39 n 37 0 10 0 I 3 o.:y
0.15 0.11 0.12 0.11
0.: I G.3'
0.12
n.26
JPMotgan Fleming Investment Funds - Europe Equity Income Fund
SiSednh uf InwshentI Eqrerrcd in E L7R) (mntinurd,
A s ut 30 Jnne 2005
I
67,623 266.55- 62.060 j 4 3 L 186;34 921.326 49.041 6i.950
13*,P27 257,184
4,811.91Y
3:,:-2 47,Wl
274,469 ia7.m 47,757 33,'14 37,776
6n.er6 12s.660
204.1S6 L4.-20
38.'27 309.418 46,046 56,662
408.6:G 42.833 49.202 48.5Y' n-,$A2 C9.2C2
54.241 jA,a:5 48.6-2 *8.n16 47.29- 36.:90 5i.59- 84,353 5i.53: 48,bX' 45,312
225,41r: 04,425 z.49- 72.424
120.262 q 4 4 1
0 : - 0 65 015 0.1: i t '* 2.2' 0 !3 0 16 0.33 O b i
11.82
IWY 0 1 2 c.5- 0.46 0 :2 !I Pa 0.09 0 -2 0.11 01: n 3: 0.09 u 9: 0 . : : 0.14 1.0'1 0.:: 0:2 0 12 I'. I2 GI2 013 013 !I. I 2 ir!2 0 . 2 0 :0 0.:J
0:3 0.:2 0:1
0 i 6 0,lY u I I u.29
n.x
0 . 5 ~
1 1
SWEDEX 4,337 .Ui.L.rd 3.2,0 B*n - h Sanrci 3.653 tlrormm - B Share5 1.831 Cwilurn s a 9 D Cmrpr 6.657 Em 3.4: Fsbcgc 2.217 Forrm~gsbpsrbmkm 2.5-5 lndusrnuardsn - Abhnrcr
3: 2.56Y :6R,912 :18,014 .18.861 <!,?TO 68.019 jl.as7 8z.azY 4 L J l l 46,YX 50.355 50.2:Y 41.Y55
390,229 91.2:3
48,648 43,597 -2,oc
935.3a- :67,99:
513 4 . 5 2 LL.40U
0 -- 041 0 29 O i 2 b.13 0 1, 013 ?) 20 c.1:
0 I2 u 12 0 I" 0 1 3 0.90 0.12
0.18 2 21 641
012 0.11
012
0::
n ci l
50.18: 0.12 66.418 0.1- 87752 0.22
3.147b15 1.72 -- 41.1.5 52.920 41.393 N , I ! l Y
1COC9L 35.988 59,865 3.316 31.643 42.596 41.i!j r2p5
250,173 480.49
5),756 36,%1 37,619 44,620 42.73U W , X '9.315
105.9:4 a5.309 L8,6Rb 19.45 L4.313 a 9 , m 35.568 r1.33
132.3-R 73.042 51.150
143.644 45.P61 41,502 39.482 . ..
2,74V.I18Y 6.74
--
i2,lN'
47,083 45,711
61.707 49,074 62,769 61.976 41.43 45,975 4.542 67.379 S1.389 '6,699
1i:.i50 45.20:
:+9,38b 42,335 65229 90,867 5 3 . 8
304 473
$5.319 49.191
1!3.050 97.304 50.580 70,399
105.959 13.890
11:3 n 1i 0:2 0 :5 d , 2 0.:j 0.E 0 10 0.11 0.11
!'13 0.1:
0.1: 0.42
n lr.
0.1: 0.61
0 !6 0.24 0:R
ow 0,:5
o on
n:2 n a 0 25 0.12 0.1: C 26 0.03
I.Pi2.311 4.69 -- 0261 0.12 ~7.990 0.12 432W 01: 6 4 9 * 0.1:
JPMorgan Fleming Invcsmcnt Funds - Europe Equity Income Fund
As at 30 lune ZW5
s . 1 5 ~ c.08
r 2 , x 010 932.6'8 0 RZ
39.15C, 0 10 Lj.359 011 P 3 Y 0.12 33.R90 0.06 .~:,cM 0.13 49.556 0.12 46.527 0.11 45-23; 0.11 42.13' O.:O
46.600 0.:2 5db.iO' :.44
48.806 "2
52.012 0:3 ~3,410 0:: L3.250 011 SG.'IO 0.12
1sm.749 4.5'1 -- 8Y.633 0.22
1:1.;20 02' 366.435 0.90 13.892 0::
111.550 027 5 0 . 5 0.12 56382 0.14 rj,3.9 f, 11
52.169 013
43,490 0.11
3'.63 0.09 97.435 0.25 53229 013 49,576 0.12
47,954 n 1 2
50,465 0.12 70,481 0.1: 50,e:s 0.12
5:,w9 0,!1
C,:41 0 :2 6:.857 015
Lo.869 010 49.955 0.12
7x344 1.85 -- SI,':~ 013 50.:31 0i2 48,643 0.i2 44,YY3 0.:1
13:.897 0 3 2 5YPS3 0.15 49.w; 0.12 49.418 0.12 43204 O.l! 57.349 0.14 46.961 0.12 V9.099 0.24
1.101.210 2.70
731,935 1.80
38.544 ow 1 4 8 . ~ 03- 50.22~ 0.12
168.925 0.42
51,940 0.13 49.765 0.12 50.07V 0.12 31,256 020
639.521 1.57
59.132 015
3.636 O.l? 96.9': 0.09 48,825 0.12 48.159 0.12 39.j43 0.12 40,*90 0.10 4!,946 0.10 40.963 0.10 78,625 O.:V
~2.098 0.10
60,083 0 I:
sm.547 1.47
--
4 ~ 5 2 0 01: 5 2 2 T 0.13 6-,34i U 1' 62.4RO C 1 5
42.160 0.10 52,565 0 . 2
: :2 ,w 0.2'
h 8 . w 0 :-
:Od,586 0.20 56.971 0 14 --
161.557 0.40
45
I
JPMorgan Fleming Investment Funds - Europe Equity Income Fund
J'rh8dde of ln twfm#ts Expnssud in EZ'R) lm#tin*c4 Ar at 30 Inn< ZWj
40,223,577 9a.65
511.351 1.27 -- --
34,541 0.08 -- 40J75,4110 1M.M
37 2: 1: 78 l : , U 1: 15 234 6.11 4;: 4 36 2.63 2 5
98-15 1.35
1oo.m
46
I JF'Morgan Fleming Investment Funds - Eumpe EquiQ Income Fund
Jrhtdnh oflnrwhmtr . Outrfmdrng finannel Futum Contrurts Fxptsscd in ELXI
AI of ?O Jura 2007
' (Short) / Zang
Punidun
EUR GBP
224.W :52,621
4.340 2.953
47
2.005.30' 2.89i. i jZ 1.U65.UZ:
2,?19,116 2.262.5jB 2.442.683
2,(1(12:43
:.s54.9:9 :.5~,2:n 2.669,2:4 1 ,LS0.951 2.344.014 2,317,868 2,3tR,SLn "06.650 467.2'5
2.;46.U2 :,450,!3
109,910 169.960
:.913,75: 1.60536 i.~n,6r* 2139,282
2,*3r,n93 2,289,907
l . l l l .725 3.5-Y.2a3
1.455.861
1 30 I 8' 1 2' 1.29 1.43 1.46 : 58 :M n 99 1 a j 0 94 1 s: 150 1.5: 0.L6 0.30 !.3Y
0.20 0:1 2 6
091
0 76 2.3: 1 7, 1.4 0.94
0.9'
; rr
1.38
C b R W Y 81728 Bsysr 34.91 3 Mcrck KGe4
J'PAJX 164.79: E i v
GREECE 97,174 Alpha Bank
2,141,715 1.38
2,:1:,s: 1 3 -
-- ~-
2,111,857 1.31
152,779,668 W.69 --
53.888.921 34.81
152,779.W 93.69
l3,767,935 8.89
(1l,743,M9) (7.58)
l!-l,&33,734 100.00
-- -~ -- 15,149.701 9.n
13.318.Ul 8.M
4% 3 u1 2 92 2 70 0.46
98.69
11,585,048 7 . U
48
JPMorgan Flcnung Investment Funds - Europe Recovery Fund Schehle oflnruft#tvtJ Expirmd in EUR) (ronhnncq
A.r at 30 jnvt 2W5
I
3 46 9 (li 3w ! -3 :.6Z
96.03 3.9'
49
JPMorgan Fleming Investment Funds - Europe Scleci Equity Fund
Scbcdwle Ff Inwshents (Expmsed in E I.TR)
As at 30 June 2003
h Qumtb l Name oflecuririss Mmturity/ Mmrht of Quantiry/ Sam. ulsecu.i&. Marudly/ Market uf N o m l d Coupon VdUS k, Iriominal coupon V . h Xct Vdur A,.=,. hi". Amrm
3L.55 161.18 36.51 I
2LO.-u1 :?2.:x 564,'91 86,Wi 95.6;- 24.92;
199,664 49.732
185.36 46.LY0
42?,R72 36,3011
:05,279 16.7W 38.1VL is.-13
:09,272 54.520 61.632 UY.570
l6f.1119
171,.19i
98.L09 L6.568 2*.952
2LZ,C,71 PY.588
44.990
'11.m
45-47 n . j j 3Cl65 0.26 il.P3U 056
orIn.crn.cond 5 Y . i l Y 23.82: v.944 3214:
63.93'1 206.91'1 43901 31.111
4 o m n
1,187,766
O I R
0.25 0.32 0.49 1.60 u 14 0.24 0 34
2 114
n.3-
0 sa 0.23 n 31 2.23 0,::
13.m -
1,206*39 9.31
721.nm 5.57
R-,962 0 67 62.86- 0 4
jo9.127 1.93
481392 3.12 -- 45,466 0.35
lZ:.63V 0.90 i8.'92 015
IW,j'@ :.I1 41.733 0.32
318.198 2 . n
U.132 0.51 45,UW 0 35 33.627 0.26
2*.33b 021 52,485 041
38.202 6.29 7&66 0.s
3F,.O38 2.51
K.286 04:
54,111 0.42
215.915 1.67
100,518 0'6
--
JPMorgrn Fleming Investment Funds - Europe Select Equity Fund
Schedtde o /hueshen t s @presred in E I?@ lronrinwodl
As UI 30 June ZWj
121823 09: 49.331 0.38 --
175,161 1.35 0 0.00
71,507 0.55 V6.494 0-5
...-
0 0.00
0 0.w 168.001 1.30
0 0.00 65.591 0.51 31,695 0 . Z 51.15U 341
12,YL5,130 94.35
759.481 5.86 150,436 1.16
(a7,rn) (0.21) -- 12.957.407 100.00
2 6 . W U Z I 13.050 0.13
66.791 0 5 2 --
20.081 01; 32.557 025 --
23.93 12.43 10.38 10.11 8.V 7.80 +.42
4.21 4.02
9 3 s 5.65
1w.m -
26.786 0.20 18.5Y6 3.16
41,312 0.34
12.135.175 93.50
12,111,175 93.30
Y * d h'n A.m.
0 14
0.14
Z6Yl :1.11
9.80 8.65 8 46 7 76 7 02
:n.o3 120 0.w
120 0.00
--
406 3.82
97.62
JPMorgan Fleming Investment Funds - Europe Select Equity Fund
Schedule oflnvestmmts .Outshnd:nJ Ftnannal Futures Contracts (Eybrersed :n E L'R)
As BI 30 lunc ZOO?
CHF EUR GBP
12:.259 MR.MO 305.2S3
Scheahlc oflnrvstmtntr . Outstandin& Fonvard Fore.@ Exchange Conhnds m m s e d in EL'RJ
As at 30,fune 2005
Cumncy h n u n t
Sold
IR-.ug-nT CHF IS-hug 05 DKK IR-Aug05 EUR IS-Aug-05 EUR 18 hug 05 FUR 18-Au~05 EUR 18-hog-05 GBP Id-.\uug-05 5EK
130.164 823.1 10
1,12L,ZB9 '7.5L9 314.86: 4:n.m X5,029 133.355
52
Transfsrabk Securiiirs Mmlird LO sn OIllcld Erch.npe Lhrlng
l.hU5.916 246 1,837.383 2.82 5,336.925 6.18 :.699.805 2.6:
3,913.c3R 6.00 495.106 0.Y
3,Z76.3U4 I.02 :00,9:8 : 0:
Z,M9,it7 3 i 6
US25.113 31.59
2.:22.L011 1.25
!.48:.841 2.2a
--
:.7W.364 2.6:
10.379.ll4 11.91 -~ 788.118 :21
1.635.713 2.50 ~63,813 n81, 685,746 1 ill
1,346.235 206 1.161.'0~ 178
820.53: 1.26 2,319,836 3 !6 :::.ius o m
9,893.952 11.16 -- 1,513,051 232
837,799 : 26 2T.033 0 %
1.M7.412 2 52 SRR.W n9o
1,869.370 187 l,132,M9 2.66
4,533,104 6.94
2,173.61S 3 3 f 1,095.422 1.68
3,269,051 5.01
--
-~
!.S28.66: 2.34
1.528,661 2.34 --
319,562 0.49
319,562 0.49 -- --
1,4l6,411 2.19
989.327 1.52
989,327 1.52 -~
53
JPMotgan Fleming Investment Funds - Europe Select Large Cap Fund
Srbadwle o f l n m m e n r f Evirmd in E UR) Iconhue4 As Q: 30 June ZWj
7. of Nsl h s n a
G.49
0.49
3-.:9 !3.43 12.w 106- - f,
1 Rh 3 61 2 . u 2 (4 I a i
1m.w !2 2'1:
100.00 -
JPMorgan Fleming Investment Funds - Europe Sclcct Large Cap Fund
.Srbmdw!p oflnvrsimnrf - Omkttdrng FtnuncialFui~m Catrafts (Expnsscd in EVR)
AI at 30 lwnp 2005
I
Qvnn.ig Contract
EtiR CHI. GBP
256,WO 8 O . M
228.932
en 354) :,001
sn
I
3,nn.m EtiR 3.%3,305 CHF 8.215.322 GBP
5EK
2,<26,5:' 4,124,497 5,634,181 3.bh8.520
589.:2c W..%8
9,432,797 222,7<: 565.911
<I lf71! 17.454
n3,w 12213
( 2 3 6 5 ) 9,903
106,897 (1,150, 28,478
55
JPMorgnn Pfcming Investment Punds - Europe Short Duration Fund
Srh8dult o/ lmwhents Egwss td in E UR, As at 3O.Jnne 2007
2ss.44 nfig 15,416.'15 450 36,160.27 lO5L 24.684.WJ 7,:9 211,R9@,:9 + 8:- 27,940,012 8.14 21911.88: 6.98
:1.548.08: 3.37
4,1M0.61)0 1.1'1 3.W-JOO 0.89
177,937522 51.93
Tad Imr;-: Fmd; 5368,683 1.63
221Z2.658 6.M Toid Tmnsfmbk Secudrirr D d i in an .Another Regulmtcd .Mukt
334,602,542 97.66 T.t.1 Inuc.h"snt.
C d 1,011J96 0.30
-~ -- --
: 0s : G3 :.os
G 9'
0.Y5 I t 30 0 94 0 86 1.U)
n 911
Tord Nn h m a 3b2,621,288 100.00
-- .... .
28,711,402 8.38
11311.862 5.32 5 32 I 4; 3 52 3 65 1-9 1.61 0 30
97.66 7 14
1O,b448,WO 3.03
0.31
97.80 2.20
100.w
56
EI!R EDR
i65.74u) 20.895
JPMorgan Fleming Investment Funds - Global 50 Equity Fund
Schedule of InrqshngntI I E q r w d m UD)
AI ut 3OJnnc 2W5
/. /I MPIkFI of Vnlut NII
Msrkn of Qumrirp/ Nnmr of S ~ u t i t l e i Vdue Net Nanlnnl
Qumiv/ Nnme.f LEudtier Nnmin.1 V d W Aians Vduc Awsrs
.VORWAY 49,932 S:nrol'
3,017,875 2.36
8l:J17 3 Rfi
9 4 V M 220 LY.136 1.y: 852.653 1 9 8 941.21 2:9 965.L76 2 2 L 8-2.852 2.03 74d.6NI 173 855,618 1 9Y
R:-,RZh 1.90
a82.i:9 205
943.019 2.19
FIAL4:W 13.044 Mstso 935.66' 2:-
935,Yl 2.17
92A.llf: 2 : 5
928.077 2.15 -- R9r.491 2116
894,491 2.08
-- 10.4SSJll2 U.35
93A.&W 2.1: R28.966 1.92 849.923 1.97 724.91' 2.15
898.214 2.09
901.304 2.1: 859.230 2.00
n4u.84: 19-
RIG.^ 3.88
5:0.~1,6 2.02
8 . 7 3 2 ~ 2 ~ m.28 -~
792.409 1.84
'66.5-R I " R
7f6.178 1.78
146.58- U HO
838 0.00 2,471,624 5.14
2.421Jb4 5.62
w.?"-CE 33.3'13 h a iZ.Wi lour hurron M o k Hcmcrsr 9.U:: Tnonron
Y3.28V L.96 932.123 2 :6 211,232 0.51 43,067,293 lM.M
1.943.W 4.63
EHAZIL 32.868 Lompmhin Vrs do Ko Ihcs 4 n R 19.831 Pcmrlcn Brzsi.crn M R
m . 1 9 0 193
1,749,391 4.06
915,201 2.13 -~ --
Rl4,&52 201 a72.954 203
29.64 I1 SL 11 'P 10.@9 9.95 6 69 5 69 5 65
1.737.816 4.04
1.646.071 3-82
JPMorgan Fleming Investment Punds - Global 50 Equity Fund Scbcdnle ?f inrwmaents E+hrerscd in USD) (conhnut4
As af 30 Jnne 2007
2? 0:
I1 16 z: 31
3 2 6 7 a3 6 T 6 39 4.12 1.19 z.;3
97.H a-
5Y
JPMorgan Fleming Investment Funds - Global 50 Equity Fund
Srhcddc qf I a r ~ s ~ s n t s - OutItanding Fabnvad Fore@ Exchnie Conhach E+nrIcd irr USD)
AI d 30 June 2MJ5
IO-Aug-OI. 10-AUg-or IW."~.O5
1 0 . ~ ~ ~ 0 s 1 n . h ~ o 5
Io-.hg-os lO-.hUg-O5
10-hug-05
IO-.hug-O5
10-hug-0: IO-Aug-05 IOAug-05 IO-.+ug-?)j
10-Aug.05 10-hug-05 IO-Aug-05
l0Aug-05 10-hug-05 lO-Aug-~l5 10-Aug-05 IO-hug-05 IO-hug-05
IO-.~"g-o:
lO-bug-IB
m A u g 05 I0-Aug-@5 IO-hug-05 IO-hug-05 10-hug-05
hl:D AED CAD CHF CHP CHI' EI:H FIlR ELX GBP GBP G H P GBP JPT
hl.1) SEK SEK 5kK SGD I:SD KSD I:SD USD LSD GEl> 1:SD USD DSD
6U
JPMotgan Fleming Investment Funds - Global Capital Appreciation Fund Srhedwle oflnvertmpnts EqIp.I.IpJ In E UR)
AI ai 30Jwnc 2007
84.3:9 "-'.'32 77.76- 70,423 '6.267 69.299 -4,695 "9.575 KO59 43.L52
2 q ; a 2 71.902 67.9LO
3 5 i 9 70.822 64.57- W,074 R4.199 80.824 3.685
221.043
! 15,b:O
:$.ION
-),in:
W + c ' n.ms 55.854 '7.066 82.1.73 "9,'16 ir,r3o :-.439 79.817 71.0% ao.:3.j
236.2b1 '3.87' v..aii 62.80: w s n 66 892 6'.563
46.992 63.:09 81,209 73.985 75.63: 4a.622 :6,3Il 75,342 92,4'! V.23b
:38.636 R 2 . W
18: 2'' 72,091 '5.001 74.40a -9.3!8 X.CO6 P9.285 65.257
105.9ba 69.021
I82.9i6 70.6': &Lid W D 2 66,840 96.548 9Y.431 82.36: %'92 73.011 YA,33O
2f!,581 '5,716 :*.-09 68.53: 93.b84
a 1 . w
0 23 o 21 021 a 1 9 0.21 0.19 U 20
0.23 0 i 2 0.63
0.18 0.21
0.:9
0.26 u.23
0.21 0.60 0 20
0.2: 0.23
0.21 0.22
o.:9 0.:6 0.22 ,120 0 22 0 64
0.22 0:7 0.20
0 18 1.16 0.1: 0.23 G.20
0 13 0.21 0.20 0.23 0.20 0 43 0 22 U.a9
0.20 0.20
::z 1APA.V 0 24
0.29
0.22
0.20
0.21:
o:a
0.22
0.3:
015
0.22
(1.20
n i 8
n 2:
o 20
:.410 horn wo .*iW
1.600 Liin h t i o.ia
2.600 . k L L U Ph,. 15.(n)O B-oiFukwh
a.50 16,030 B-ofSokohnmx
0 19 :.boo canon o.z2 5.mo Lln. N l p p P m q o,22 z.wo El$*
3 . m =CS= pnwsr D ~ ~ ~ ~ ~ ~ ~ ~ : 3,000 I L i m m u Phum.seuoss: 1.600 Hondn M o w
0.26 0.25 u 22 0:4 .)20 5.000 Mnka 0.26 0,:L ,, 21 0.20
0.25
700 H"". ' JqmTohnrco
IO Mraubxhi Tokp F m c u . Gmup :8 Mmho Fin~nusl Gmup
20.000 N~ppppon Sheer GI-s 1,600 M::o DrnLa
1,450 Pmmic o.i9 1zw Orsuns.
i3.108 7 5 s )
83,302 80.439 82.405 73.721 58.118 56.392
76,: 1 1 65.23 73,199 74.819 71,195 46.310 70.688 !1.254 74,960 '1.059 64,522 55,397 78.431 77,490 55,715 -2.699 71.532 7.453 94215
88,242
my.407
0.20 0.20 0.24 0 23 022 0.22 0.20 0.16 0.15 0.24 0.21 0.18
0 20 o m
0.19 0.13
0.20
0.19 0.03
0:9 0.18 0.15
0.21 0.15 0.20 0.:9 0.20 0.25
n.zi
9,533.7M 25.81
72,006 0 2 0 C.W5 0.18 64.332 0 , I T 75,735 G.21 70,453 0.19 80,869 0.22
--
~4,716 0.23 54.1181 0.15 66.8:L 018 62.853 017
1M.324 0.50
52,115 0.14 M.3L5 0.17
'9,870 0.21
65,893 018
:2.363 0.20 *b.412 0.2: '4.4-8 026
68.2:8 019 72,673 020
74,341 0.20
'3.8~4 o m
62,939 n,:: 35,554 (110
71.23- n.:9
r0.7ed 0.19 75,583 P Z O 56.562 0.14
-4,821 0 2 0 37.033 010 64.61b 0.18 73.544 0.20 -3.551 0.20 76,5C4 C.2: 69,737 0.19 06.685 0.18 69.196 0.:9
65,162 018 65.319 0.18 Wd.8i! 0.18 77,320 0.2!
70.230 0.19 br.438 0 18
71,872 0.20
8:,350 0.22
~ 7 ~ 2 n :R 75.947 020 84276 6 2 3 76 .94 6.21
61
JPMorgm Fleming Invcstment Fundi - Global Capital Appreciation Fund Srhhk of1nwtstmtnl.r E ~ p w J s d in ElXJ (mntinwe4
65.696 O l b SPA>- *:,E 0 !9 7.623 Bnnco Snnm?dcr Cmrm HI-PMO
72.984 0.20 5,200 Tc:cforucs. -:,424 0.19
8% 0.00 3,174 Repsol YPF
69364 0 ! 9
-9,409 6.20 6",098 0.13 '0,663 0 !9
211.175 0.57
Y.74- 0 15 ~ 0 3 3 02:
-~ --
:5.-:8 6 Z i
1,826,513 4.96
4-,714 0.13 74564 620 6:.525 0.!-
l j i W 2 6.42 139.034 0 3 6
'Jm.3 0.19
66,726 0.18 37,:-4 0.21 1 - 3 6 0.16 66.405 6 1 6
RELCl1:IILW 3.51: Dean 3,048 Forur 1,081 KBC Ciro:p
XU,767 024
SWEDES 31925 Ecriron - H hhsrsr 8.916 SKF - R S n m s
su,a3 2.14
71.910 0.20 ,>,951 0.21 75,T.Z 0.20 67'.%- 0.18 66.'3V 0.1G 66.60: 0.16
-- ITALY
:412S End 4.544 EN1
74.54- 020 96.651 0.26
171,198 0.46 73.1:: 0.20 66.9:- 0.16 69.349 0.19
i r0 .~84 0.36
175,226 1.10
94.-34 0.26 86.03- U.23 63'9 0.1R 92,727 0.25 79.&10 0.22 70.2Ld 0.22
'6J2 0.21 92.357 0 2 4
--
96,542 026
1M.6PI 0.44
16.203 0.7. '5 .2T 0.20
151,542 0.41 -~ 60.3ia D.IV 76.52- 0.21
145,845 0.40
49.958 0.li 7.2" 0.20 --
124.7.02 0.34 -- 86.596
:,!; IA'DL4 4.741 lClCl h k A D R
bi.055 0:7 R1.563 023 863% 0.23
446,126 1.21 NORWAY -- 2,677 Orkh
63.976 0.1:
K.733 0.22
81.133 0.22
18.983 0.21 343.219 0.93
? , 4 3 AlphiB- -- 79.923 0 2 2 SL.27: 0.2.3
76.214 621 -- 76,214 0.21
75.002 0.20
'1.615 I1 I Y
228,960 0.62
iY,2d9 C 2 L 4 9 . w c:3 R4.Z- Tr23
213.254 0.58
TcidJhm --
--
19,267.84 12.28 --
O:.G6.23,1.500% 374,718 1.02
314,718 1.02
--
UATIED STATES OFAWERIC4 324,Mo BvlL oi A-ncmcn 150.cw c:ogroup 6 0 . M M c r d Lynch & Co
341.090 n m
363.650 0.99
356.930 0.96
in 0.00
:20,4?Y 0.33 561.849 : 52 87,aoq 02.:
322.W 1.42
1.30 :.3b 5 42 1.36 :.36
10.86 -- Tud T.n. D p m 4.000.000 10.86
4,ompm 10.Y ~- -- fmpl Csah Equivdenn
Toid Inramenti plus Tmd Cnsh Equivplcrns 34,336,474 95.11
G s h 3.369.850 9.14 -- --
6?
JPMorgm Fleming Invertment Funds - Global Capital Appreciation Fund
Scheddc of lnnestmcnti k q w s s e d tn EL'R) lmrrhwc4
A s of 30 Inn? 2005
% of RSI Asasla
7.42 b.W S.29 4.91 2.m : 4 1.15 1 02 0.5:
29.w
13 01 i U 8 5 00 5 52 i 4 1 5.M 3 9s 2 76 2,M 2.23
52.47
"/.Of Nn h s m
5.05 2.45 2.2Y 1.99 0 I2 11.91
:'.EO :io1 7.89 1.62 3 4 5.96 5 16 ' '7 410 > 96 2.6!
78.55 95s
100.00 -
64
JPMorgan Fleming Investment Funds - Global Capital Appreciation Fund
Srheddt nf Inueshnmts - Dntstunding F i n u n d Fnturar G n m m lEynssed in E IIR)
As at 30 JIIIIY ZOO?
A.f 4t 30 Junc ZOO?
EUR hLR EIJR EUR EUR FI:H EliR GBP
M U JPY
53lS47 765.:90
2.:18.:14 I.W.14J
116.223 Lc-,2::
!2.44.652 69.89Y
:2t,M9,733 1.2S:,509
CAD CHF GBP JW KOK SGD USD EGR
FUR w m
850,wO 1.!8O.o00 1,468,668
*58.:7r!.iL8 :.iW.Wo 933.105
15354.539 101,231 840,liU
1.012.780
(42,8?4)
3.3:; t25.415
3,895
n.8L;) 110.830;
((2'1217 2.362 8.7i6
22,404
JPMorgan Plcming Invcsuncnt Funds - Global Cnpitnl Preservation Fund
Srhduk of Iniwhrenrs E q m s t d in E U&
As at 30 lune 2007
2P4.005 0.44
:.;H9,4s9 0 2'
-- 1.126.82: 0 19
2,516,286 0.43 --
662,080 1.476.261 1 .OV9.7'1- 1.729.10!
531.740 1.:70.69a
4YU.670 :,4b5,'54 :,OIR,%5
574,6'7 835.998 i89.2-7 963.815
1,122,481
0.1: 0.26 AI.YTR4LL4 0.10 3V6.000 Allum~n I> 111 320 W0 Rmck 0.09 0.20
. -.< ?^ ., -AI 6 0.30
1,744976 0.30 --
1,419,078 0.25
13,602,111 2.31 R ~ s - ~ ~ 23.929 0.40 Gvprom Rcp:rrcC Shams M R
-- 1,.36o,m 0 . 2 ~
059,577 n.!j 2,072,957 0.35
o,14
I HONG KOKG 262.W Chn. hlubdc !Ho% Kung)
4,2293,314
807,519 0.14
532.44: 0.1,l
532.447 0.10
71,511,989 12.37
-- -~ -~
P1'359 0:' J6tdStmi
2 Q . M 004 176,396 010
100,628,854 11.39
37.43UR 6.41
28,748jW 4.9'
3.134.490 0.54
997.487 0.li
66
JPMorgan Fleming Investment Funds - Global Capital Preservation Fund
Jchedwie ?/lnueshm:s E ~ p n m d in EERj lronhnuea)
Ar of 30 June 2005
Rr,:s.ru I: 03 07:2 :75%- 4,998,500 0.86 :?,OW JSC MMC NonlrkN:rka .UT4
29.2': Oh0 Gvptvm .ADR -- 855.4:: 0.15 a 7 8 3 0.15
4.5?%500 0.86 1,733,571 0.30 --
575.48 0 :O
175A68 0.10
565.116 0.10 -- 565.116 0.10 --
U N m D RT.VGD0.V 2.8lhiOW 3, Group 2.6W.OCO M A 3.25ll.UW CNOUC kmnncr 20W ~.100.000 Lgi 4 Gsnsrn1 l:,""p
$ P A S 442.00: Hipo:ecano Bnncqn :
21.11.32~00W.'~ 2.2L4.89U 0.38 0:.12.33i1.85(P.'o 2.20:.591 U 38
4,44431 0.76
Ol.M23il.S'hp/. L'254fA 0.10
1,725,460 0.30
4,704.Ub2 0.81
19,951.843 3.45 3.547.711 0.61 --
:I O~,oR,'o Mn% 3,506.7 0 61 -- 3.506,577 0.61 19,952,640 3.45
75,154,766 12.99 19,929.914 3.45 --
12.08.05:OOW!'r 9.975bP.9 ;,:2 2:.WO5,OOW& 9,952.425 1.11
19,m,114 3-44
9.9E6.859 1.72
67
JPMorgan Fleming Investment Funds - Global Capital PICsCn.8ti011 Fund
Srheahlt Gf I n c e s h m t s Fxpansscd in E C w fconhnued)
A s ot 30 lune 2007
23.C9 10.67 9.63 7.M 6.02 3 . 4 2 jd 2.1! 1 . 3 1.50 13: 0.99 0 $1 0.61 0 31 0 30 0 08
73.62
4 53 2 0: i.99 :eu : '1 :64 1.52 : 30 0 74 P U
17.76 d h 2
68
, JPMorgan Fleming Investment Funds - Global Capital Preservation Fund
Srhduh oflnverhentr . Outrtanding F O W ~ Folagr Exchaqe Cm%c:s Fxparessed in E UR)
Ar at JO June 200: I
Amuunt Sold
I
CHF E m FI:H EUR EUR CSD
:.3io.wu 12.552.98. 10,0!8,030 20,227250 bL.293.YUZ 48,956,094
EUR CHF GBP JPY U5D BUR
(5.853 50,264
(193,178! YU5,O;o)
e.Wa.59z 1,271.411
69
JPMOgdn Fleming Investment Funds - Global Convertible Bond Fund (USD)
Srhednie uflnwstmctt/s I E x p f ~ ~ t d in LSDj
As ut 30,Jnne ZOO5
/a /" Mmurivl Mmrkt of Qusntityl xunr or~ecudrlea Maruriryl Marksi of Coupon Vdus Nsi Nominal coupon valur He,
pusntirv1 Hnrnc "f Sceuflties Nomlnd
t.lW A..ret. Vduc h..ct.
433,955 2.21
269,531 1.31
28 0'1.08,': OWA 261.51' 1 33
261.597 1.33
-- --
b5.Ml 0.91 25Y.649 1.11
1389.099 6.58 84-375 0.43
13,744,668 70.12
13,144,668 7P.12 ~~
13!,249 067 122.778 0 6 1 234.400 :.2P
' 84,6& 0.G3 223,320 :.I3 107,625 O S 5
16.125 0 4 9
JPMorgan Fleming Investment Funds - Global Convertible Bond Fund (USD)
Scbcahie $lnucstments Eyprerrsd in I :SD) lmntinuu4
As a/ 30Jnne ZW5
31ft4O 1.60
ZW,Ml 111
16.62 1297 11-65 8.02 7.65 5M 5 28 3,K 16:
2.66 2.w 1 99 1.F 1.71 1.3' 1 33 1 3 1 0.43 0.34
93.74 6.26
3.02
lM.M
Y. of h-c, AnM,
12.94 :2 35 :1 st 7.99 7.?5
6.ra 6.13 5.22 5.m 3.:6 3 :2 2.72 2 4i 2 11 2.1u : 2a 0.78 0k6 0.9 0 30
96.78 ' 2 2
JPMorgan Fleming Investment Funds - Global Convertible Bond Fund (USD)
Srhcdwle of Inrerhmtr . Ouhrmdtn! Foward Forrrgn Exchange Contracts (EExpnsssd b USD) As at POjnnr 200.5
h u n t Sold
tinrsdiasd Gnin/(Lom)
05.J.l 05 20-srp-05 20-Scp-os Io-kp-os I O - E C ~ . ~ ~ 20 +o: 20-Lp05
HKLl I'm CHF ECR GBP JPY SC-D
65'.:25 231,739
3.630.000 4'13,128
281WO.000
d2S.Lh9
I.ZZU.003
i 25,202
72
, JPMorgan Fleming Investment Funds - Global Enhanced Bond Fund
Schtduic o/lnueshtnrs (Zxpmsrtd in EUR,
As at 30 lnnc 2005 ,
27,122,327 8.05 -- 8,001i.MO Eksponi.nmr
RtiSSI.4 6.510.000 h r - Frdrntlun
IREMYD 4,200,000 Drpir AC5 B d
25 :n.ou,'s 1258 7.831.uo 2 32
04 10 21 .'5 ' 5 h 252.322 0 CC 24 0 0?,c875% 2,061941 0.0:
2801.33/8 125% 923,070 0.28 28.01.:3/- 2%p/. 1.116,407 0.34
12,185,lW 3 . a
21 n.3 49:7.63va= :.26:.263 0.37
-- --
24,01.14;6,25U'A 2.221.2'4 0 M 150L.14/5?9Wm 1,641450 049 24 i1.06'5 3'551 2,656,718 0.79
0906 14:S.OWL. '193.556 0.29 27.10 14/5:2SL? 1.153.'4'3 0.34 15.06.33,'5 375% IJ4i.844 0 3: 25 10.32:5.awlb 2,224.758 067 02.03 2nit3YP.b- 95'.074 0 28
29.1008,3.625% 3.435.7@5 1.02
5435.106 1.02
--
234,656 0.14
73
JPMOtgdn Plcming Investment Funds - Global Enhanced Bond Fund
JCbs&/t of l*~s:mn:s (Expmssed in EL'R) fconhnuc4
A s a: 30 lune 200j
i,388,9l4 0.41 -- SL.NL4PJE
03.0'1 1'1,5.3:5?%* : .z~n,ni i n.ir -- 1,<63,OW Lmrcd Ovcrrrri Ban<
1.248.811 0.17
3Y.US 0.09
0.26 0.26 0.20
:.I4 G.3i
0 30
0.0Y
o.:n
03:
0 46
0.36 0,::
5.03
1.09
i 3v
0 jl
b.46
W Y 0 21
C 24
0.-0 0.32
n 19
n LB n IC
0.52 0.31
COLTH KORFA 1.680.W Korcn Rcr Brnk Rcwsrsrsd
Sharer
3,684,963 1.09
74
1 JPMorgan Fleming Investment Funds - Global Enhanced Bond Fund
Icheddc ojlntertmcntr It,q-esrcd 1n 61X, (mnhnrrsJI
As Q? 30 June 200 i
514,184 0.15
Total R ~ c 1,700,419 0.50
Torel Orhcr Tmndmsbk Seuriiics 1,7W,479 0.50
Tntd Inusatmenis Ilw,142,626 119.92
-- -- --
ra.600,rno 14.43
4.600.000 14.43
'/a Of Net Asset.
63 14 8 05 6.52 5 65 4.69 3.74 3.65 1.62 2.31 1.95 1.95 1.P 1.6' 1 79 1,40 1 02 0 89 0.85
0 72 OW 0.46 0.42 0.4: 0 3-
o :a
0.23
51.59 8 14 7 91 5 , b j Z 50 4 35 4w 1.80 204 :.x :.x ..a0 :.4 :Is 0.86 0.68 0.64 0.62 0 61 0.42 0.39 0 12 0.26 0.22 O.Z@ 0 :9 0.09
105.45 (5 45,
lW.W
. -
15
JPMorgan Fleming Investment Fundu - Global Enhanced Bond Fund Srbednle offmveshcntr . Ontrtandhj Finanad Fu.t#mJ Lontrurfr (Expressd in ELX,
As ut 30 Inne ZO!E
I
C""*"g
EI!R EUR EUR GUP !PI' IiFD USD USD GbU
ChD GBP
ED EUR EUR EUk JPY
9,292,183 29.835.636
2.524,388.Pf+ 198.550.616 24.633.V! 2482 W6
li,ha-,loh 45,337,320
76
JPMorgan Fleming Investment Funds - Global Ex-US Bond Pund
Jcbedwla ojlnvcrrmmtr IEwpnmd in CSD)
A; ut 30 lune 200j
: 09 : 4:
li 42 3 27 0 92
2 a9 4 55 2.Gl t16U 0.2' 0.32
2.51
359382 0.23
644,366 0.41
2,312,907 1.47 --
2,094259 1.34
2.Y3.413 1.44
6,538,962 4.05
156,8w,109 1OO.W --
1,926,416 5.05
BELGJUAI 3,020Difi Bmgun :IOngdom 06 2,850.000 B..yum 1Lngdom of,
Y. O f Net h.*etr
31 -3 2J 90 11.6 :Rx 5 05 4.69 1'2 2.18 !.94 1.M 0.84
0.55
94.51 5,4P
n.6,
0.2;
1w.m - 1,05l#44 0.67
I JPMogan Fleming Investment Funds - Global Ex-US Bond Fund
Srbsdnh o/lnt.ashcnts E x p m s r d in FSD) (mntinne4
As at 30 Jnnt Zm5 I
3: 3: 2:.j9 12.63
6.1 L 69 3 69 3 34 3.02 2 14 1 69 0 66 0 66
0.51, 6 J3
1w.0
a -3
n i 9
,o ET
JPMorgan Fleming Invcstment Funds - Global Ex-US Bond Fund
Schrdult ~ / l n w s ~ m t s ~ Outstanding Finuncial Futmi Confrucfs (Eqwssed in USD)
AI ut 30 Jnne 200:
sCp o stp-05 Scp-05
6UR FUR EIJR
(47,909) 99.089) 4.532
( 4 2 , q
Scbe&le of Inucstmenrs - Outrrandin~ Fomwrd F o m p Exchange ConhctJ /Ey)mssed in 050, As at PO Jnne 2Wj
Amounr Sold
25-Id-0'. 25-Jd-05 2?-Ju-C?
25-Jd-05 25-Id-05 25-!i-05
25-Jd-05 25-Jd-05 25-Jd-05 25-Jd-OS
2s jyI.05
25 Ji 0;
Lhl l DKK EljR GBP JPP M U IBD U5D L.w KID USD u n
9,m4.;07 :4.2j2.918 22809,28@
2.032.868 1,520.125.8':
~ 2 8 . 4 ~ - 3,961.020 2.407140
:2@,59:.& 9.758.6G
66,452.4-2 225 890
UbD USD USD USD USD hUU CAD DKK EUR GBP
2.426.851 2406,361
211.619.2Y6 4*196,L32
14,185,194 ma.ioa
:r,2.;2,91n
:.:2~.7r)6,aiq
5.G14.1'6
96,083,510 5,346,W
321.1:3
26.049 :95,7u:
j1.108.713; 79.94:
(449.507~ (0.243:
::3~ssq 94,565
4.Q8.9i9 180.87
2,03:P@ 9,33r
79
JPMorgan Fleming Investment Funds - Global Ex-US Select S m d Cap Fund
ScbchIe oflnreitments E q m x e d in E L'R) Ar at 110 Jnne 2005
.303,489 0.87 33(,.782 (1.95 21-.:63 0.62 238,061 0-bd 336'90 0.9- 3 4 a m :w 2 t ~ . i ( r 0.72
376,271 I O ' a'5.325 1.36
t:b,610 I.LR 169,380 @.L9 :69."P 0 . 4
ll8.54il 0.14 U8.099 :28 294.692 0 % 2':.970 0-8
i0n.w 0.31
1,191,131 5.44
1488,924 5.41
4,971,890 1 4 . 1 -- :96,M5 0.56 :4647L O L 3 1381.9Y9 3.98
L94.Li9 i 42 211.M 061 T.S.196 061
Z:?,ZY 0.62 4'11.219 1.L2 321.08d 0.92
4.148.115 13.61
104.331 n ~ +
-- 810.267 2.32
74Y.llY 2.15
2,545,103 7.35
402,O'I 1.15 ZiO.l4( j 0.60 130.G8 2.38 756.60 2.13
691,951 1.W -~ 355.50: 0.06 214.951) I I Y
610.451 1.11
_____________
-- 3i1.053 0.98 202.131 0 3 1
2,199329 6.30
410.274 : !8 365.49s : :O '3V9 :.36 '93,192 i l l 386.265 : '11 --
2,148.M 6.16
DEPUM,4RK 2.W Chi Hnnrm H o i q - B Sham 3.34 TooCnnrnuk
543.184 1.56
L56.158 1.3:
45f.,158 1J1
-~ --
787,265 2.26
L55,UYO 13:
455,890 1.31
268.53- 07' 185.567 053
4 W M 1.30
JPMorgan Fleming Investment Funds - Global Ex-US Select Small Cap Fund
SrhrMc ~ ~ l # w s h c f l l ~ E q r e s s e d m E UR) koflhnneaj
As P IOjunr ZOO?
302.918 0.87
302918 0.87
217.83: 062
217.837 0.62
213.M 061
286,439 0.82 -- 286,4)9 0.82
132.017 I)M
--
132.017 0.38
418,456 1.m
418,455 1.20
759.395 2.18
057,585) (0.45)
34,886,632 1w.w
R of Nu Anmu
2 . 3 8 16.48 15.66 12.81 11.0: 5.12
70 L.59 3 46 2.23
98.46 ! .:'
81
JPMorgan Fleming Investment Funds - Global Finmcials Fund
Jch#dulc of 1tnesfmcnfr i 5 p s s r d i R LTDj
1,443,993 1.61
2,049.6:: 229 :.168."j :,3G :.16H,25U 1.30
6.@21,674 b ,2 911.65: 102
;.U23UbS 1 1 4
:,aV,98: : s-
9S3,LuS 1.0'
31612,187 35.27
-- 599 0.00
599 0.00
~- .,. . .. .. . . i.4aH.863 I66
968.61: 1.08 3,725,<'8 '.I6
14.643256 16.34
1.059.013 I :a I.6ZIV13 1.111 1,221,1:39 i.36 1.201.912 : 3G 1.528.142 1-1 3.:43.Ml 3 11
--
9,774,380 10.w
2.236.9'8 250 2.576.061 2 8- :.'>I blR I NI
6.W.677 6.91
%"f k r h*o. :.'64.213 19:
1,362.Lb5 I S4
4146.678 3.51 0.19
0.19
97.00 97.m
2.616.154 292
2,616.W 2.92 2 81
1m.m
2,180,751 2.43
SWTH K O E 4 32.313 Kouinm Bmk ADR
1,4U7.W 1.66
82
Currcnr). h u n t
Sdd
6,650,341 L'SD 5,922,881 VEL2 2.2':.802 U5D 3224,801 USD 4,024,028 USD 2.425.R05 FSD 9,9-4,:1: 1JSD
244.389.56,l USD s . z w ~ a OSD 2.111.:Y? tiSD
W.518 AtiU 6:r,03il CAD
6,817,352 CHF 3.76.1.8cu EUR 1,569,862 GBP 1.204.16: HKD 5.7L6.13q JPP
510,MG SGD
5.cu7.4'7 L.736.215 1.8:2.3~1
i 3 7 , 7 0 ~ *,95!,676 4,425,662 i.283.138 2.263.4'2 '26,954
12??,::9
755.195 8.228.896 3.08:.593 4.; 1332 9,307,772
850.476
8 5 6 . ~ 8
114.5r6.n8:
83
JPMorgan Fleming Investment Funds - Global Hcdthtcch Fund
Schedub yAInue3tmen:~ (l3pnsscd m LYDj
As at 30 Jniic 2005
!.ua.539
1,49:.im ~ , O Z ~ , C ~ O
25.Y26 :4f,1'4
:733r!4 I.203.!12
936.220 :.152.109
L10.705 328.276 T.4.747
2.324.i45 '46.535
l ,665,4C 5'15,516 46:.32L 218.796
6610,071 :.328.976
158.VL5 200.755
: ,O~R.OM :,1I5,154
5.486.8Pd
1.:53.:91 i .:OI.I :a
m . a ~
322.6JR 1.148.869
25.3.0:5
420,660
1.85 "03 'I :P i 92 1.RR
154 : 20 i L i
0.53
0.2' 2.97 0 96 2 l 1 076 OM 0 2R 8 16
0 20 0.2b 196 1.41
14: 3 2 0 26 i 9 : L: (I 54
2.L3 3 33
n z
n 42
: 70
0.41
n 60
.I 05
1.154739 1.47
195.521 0.25 -- 359,937 0.46 --
78,167,703 1M.M
9,801,581 1Z .L
2,965,942 3 R2 5,4W,733 691
963,817 126 0 2~
0.24
94.3: 9,370.4VZ 11.99
3 ,719 .S 476 1ML.M
17,806 n.:o 3216.833 4 . 2
1.701.874 2.18
1,139,915 1.46
84
JPMorgan Fleming Investment Funds - Global Healthtech Fund
Srhdde y'lnmrtmentr . Outrhnain2 Fowurd Fowgn Exrbm~gc Contmcfs @xprtssed in CSDj
As ut 30 Inne 2oofi
U5D USD USD USD USD CHF EUR GBP J w
ZJ1,2*+ 4,950,661r 1.8-l.wI 3,011,214 1.153.3'14 %iS:.963 1,:1'fbb 2,-91,w:
89.'10:.19a
(2.25Q <188,930; (56,144:
(115.312) :28.056) 370.075 34.593
:j7.815 29,439
mi-
JPMorgan Fleming Investment Funds - Global High Yield Bond Fund
ScheaWe ? f l n w r m n t r (Eqwtfstd in E L:R/
As al3O]unt 2005
5.636.663 -'Y1.55u
4.:30.5s' 235.39': ZMZ158 9.256.654 1.653.4'
3,065,267 4,789,665
?.MO.ISS
1,7,57,ni9 4,23:,151 ?,149.859 7,586,465 4.YS.536 '.096.562 ! :,6JR,Y6 3.768.P8 4.Y2.579 4,15228 6.*9 1.027 3,-1')3,9e7
10.831.664 2.L3j,l7!
2.26i.iZl
:.542.456
a . n w ~ o
5,035,525 1..%'.8', 3,118,358 5.127.038 5.1J1.21' 1 ,938,364 ?,~G.SZO 7.06138
s.:n8.2i6 2.96-'.Y-2 '.1R6.419 6,8645-9 2.896.797
6179L9 5 .5W1Z
i2,528,H69 7,:72211. 8.306.m
I.YY~.P3Y L,57-:'45
4.592.30:
1,-2l.~b: 1.596.249
051 n oa 11.42 0 24 0 2b 0.93 0 1' n i~
0.31 n.<8 n n
0.12 0 41
P 76 0.50 0.72 I , l + n JB n.4a 0.a3 0 65 0.98
0.25 1.m
0.23
0 :6
0 a:
0.5: 0 1 4 0 3: 0.52 n 42 n.20 n:a
0.88 0.30 n 72
on:
n 72
n 46 n 2g
n.15
O.fl
1169 0.29
0.56 I 26
0 34
0 46 0 95
n6
il 6: I .o c, 3 0 38
c 16
0 52 0 9: 0 19
0.38 (IOU t i 21 0.95 0.02 0 62 0 5R 0 51 c, 42 i :3
:w (I L-
0.28 0 58 (8.:5 0.24 0 9 0.66
(I 63 c, :'I :w b I!- (I:: I1.L- P 56 I' 34 6.77 c13 0 2'4 0 8: 0 l l G 0.60 0 2- U.62 i,:1 0 92 0 91 UKI (I LW
0.15
..
o so
n 50
n TO
n 2:
0.86 : 0: 0.hT 0.'9 0 39
U j 6 0.05 1 5 4
0 43
U 25 0 39 0.15
nu
n:z n,iL n 13 0- ! W 0 R6 0 86
0 9: 0,2- 0.79 0 29
n 68
(I 40 0.1: 0 25
0 22
0 66 0.49 0.86 0.22
04:
0.52
0 50 0.-3 0,IS 0.1 ; 0 AR 0.61 0.4' 0.11 : OL 0 33 n s n 79 0 4: 0.12 0 f 3
:.03 0 61 I :R
0.30
0 r: 0.99 0.59 ('22
0.03
n:5
1 n1 n 22
0.52
0.3: 0.42
0.49 0.55
45,977,144 4.63
T N d B o d 45,971,144 4.63
9,819,244 0.99
9n 33
n 99 n.95
0.39
in:o; 1W.00
6.19
0.74 0.9.
100.10
-
JPMorgan Fleming Investment Funds - Global High Yield Bond Fund
Srhcdule ?flnvertments (Eptmed in E Ell) (conhnued)
Ar ar fO June 2OOj
88
JPMorgan Fleming Investment Funds - Global High Yield Bond Fund Schedule of'lnirrtmentJ - OwtJtundq hnrard Form@ Exchdngt &nIhltJ ~ m w d I* EUR)
A s at PO Jnne 2003
29-Jd-Oi 29-Jd.03
984,531.971 19,330.2&
OSD EUR
537.156 !16.006)
JPMorgan Fleming Investment Funds + Global Opportunities Equity Fund
Scbedwle oflni,ertmentJ fLy'Jrwed in E L:R) A Jn iVnp 7 m i
I
5.521 6.823
id,9211 L , i G
::,8:7
:u.856 5,355
::.443 -,a91
::.554 2f,R24 zn.s6n 39.03: 6.224
20,044 If044 L.274
6.33- !6.163
6,534 :0,678 :8.76:
2 . ~ 5 0
22,711
' 2 1 9 13,594
:4.az! ZT..C'S i,w7
13.fr12 11.136 IL.WZ
11252 15,092 5.169
6.Pi5
8.465
r,sm
ii .i3n
10,'41 :7,89s 1 3 F 3
0.3 n 48 : nb 0.32 o a4
n 38 oa:
0.82
k'-
0 56
10:
1.L6 2.7' 0 iL 1 8 5 1.21 u 3n 0.211 0.45
: 6 :
0 76 : 33 Ll5i 0 96
. .i . ._ n 46
n.60 : 05
0.0-
1 on
n.8n 1.07
1 LZ
0.87 0.78
0 I'
0.9, 0.82 0.50
i.28 0.37
79.791 5.M
24.67: : ' 5
7 7 ~ 7 9 5.48
49239 3.1
47.6447 3.38
3.392 'j ZL 9.01: 0 b4
24,s': : '4
37544 1.66
21,714 1.68
23.679 1.68
l3,850 0.98
6.455 0 &C 3.:62 0 22 i i m 0.82
6.929 04:
9.0'5 0.64 5,114 036
9,7' Cm.69 8.568 0.6: 5,702 040 5,598 "40 5.922 042 i.926 1.42
21.569 : 51
11.617 0.82
8,:?1 OSh
8.171 0.511
GREECE 339 .Alpha BmL 7.472 0.53
7,472 0.53
149,683 10.62
90
JPMorgam Fleming Investment Funds - Global Opportunities Equity Fund
Srhcahlt Iflnwdmmfr (5joIpllbd in E VR, lcantinue4
.4.r U I ;IO]Wnc zm5
/. Qsmiry / ~ . m c dSccu.itie. Mituri?.l Mmrkst of Nomind Coupon Vdus Ncl
V d U C A..et.
S b 3 039
1.M 037
1,041 0.08
13,436 0.75
T . w ! S h , 13,436 0.95
1,277,145 W.63
71.872 6.11
90.1Y3 2.85
-- -~ ~-
1,4OQ9,1.w Im.W
v. of KSl An.cm
25.12
IO P I IO.3L 9.w i 81
!5.02
'.02
r 9 1 2.58
77.10
&.>a
0.90
100.M
Y I
JPMorgan Fleming Investment Funds - Global Oppormnites Equity Fund
Schehk o/lnw.rhnpnfs - O u l s n d i q Finanbal Fuluws Cmtrarts EApreJJCd in E El',)
As at 3O.Junc ZW5
FI:R USD
1 2 . 0 ~ 49.926
4x1 :('I
531
C"I7CC.l Amount
Purchnwd Amount
Sold
52,410 CHF 5!."2 21.412 6, 6,232 SEK - 3 1 SGD
8 z . i w UEI) 6,358 .WD 6.741 EUR 4.433 SEK
:o.mu l!SD 53,962 EUR
i..m.350 EUR 653.218 USD 64.376 LiSD 4 4 . w El!R
2S7.143 EUR 2 7 , w GBP 58.f3l NOK '2.697 USD
9.22'1 EUR 34.436 1.SD
1.690 ?.ED 21.080 CHF
2YL.'32 EUR L.622 GBP Yf41 6 . 5 4 LE7
10.000 SEK 16,566 SGD
Toid tinrcdised G d n on F m r d Forclpn Exchsnp Conrracti
21,822 24.m
6.311 :4,C40 :Z.LYb 8,"3'
6.YZ5.7ZL 189,635 57.02: 1 6 . W
l 5 . W 1o.w 59.'02 18,149 5,398
1o.m 6 . 3 6
24,"59
a0.w
:02.920
1n.000
27,am 2,061
50.000 1o.ow 4,364
1 0 . m 25,YZ-
212,:AR 2Jr3
20.9~;
:.oi4.a30 Y.27
72,378 2 7 Y 6
8,558
92
JPMorgan Fleming Investment Funds - Global Selcct Equity Fund
Jcherlrlc 6 ( l n ~ s f m m f ~ Eqresstd in ESD)
Ai at 10 Junu 2Wj
325.533 0.20
1,313,0-9 OR2 253.666 0.lh
240.906 0-6
3 n o m 023
i.7l8.2Y9 :.e5 : .3~4.74~ , ,a5 64*.:01
288.9a3
:,799,355 956.69-
1.144.ilYd l,llR,54: 1,666.453 3.542.956
:.963.64- I , 51..32
280.485
:.IOI.UBQ
5 ' 0 . ~ ~ 8
1,013,714 1.511,545
i . a . ~ a
. ,.. -
846.46
1RR.YdS 542,:96 965.566
1.279.920 ; ,059.ZY~
95b.ARO 693.843 4(r:.205
2.230.310 300,+:6 700.928
i.7. ..429 29'.649 6n2.8011
1,: 19.2R5 1,594,101 1.006.357 1.169.3:- 1,03+,134
776,452 1.765.921
526.322 456.5'1 425,MZ 58G.523
1.927.:3: I.MY.226
122,469 279.496 K6.356 446.622
:.050.?48 L.:i8.6:1
1.422.65: 865.609
1 ,8P , j?b
1.66:.689 320.161 461,395 538.929
2.020.875 312.23?
l.GZL.2y:
u)7,982
. .. 0 '0 :.in 0 58 0.18 0 70 0.7. 1.02 2.:-
:.20 o 6a
:,0: 0 1s 01- 0.62
0..?2 1.08 I1 :2 0.91
0.92
0.59 2 00 U.65 (I 39 I, 22 0.29 1.36 u :u 0.4.3 : 05 018
0,6b 33.832 Am (, 9, 26.228 UNP Pnnbni 0 62 ::,I85 hgnrdlrr -: 25.8'3 Pcugco: 6l 29.568 P u b h r Gmum
c,30 F R A X L
0.4: 1.08 0 32 I' ZR 0 26 0 36 I 1 8 0 19 0.26 0.1" 0 50 0 2: 0 6 C
0 '2 0 63 0 6- 0 53 1 : 3 0.21 !.K 0 20 I1 Zd 0.33 : 2L ?,I9
71,6m.E21 U.77 -- I:1,Rh8 0.U-
:.!63.026 071 336.956 021
1.715.024 : 05 1.49L.82 091 1.480.079 0 90
1,699,702 1.04
3 ~ 6 , ~ 0 . 2 ~
i,in1.818 072
9
12.55: bnnol-Avvcn-5 9.694 Tnnomion
11.118 Toti
?LETH€ELAVDS J8.45: ASMLHddmg 63.990 IYG G m t p - CV.4 18.795 Phkps Ebruoruci
3
- ...
/. Mnrke nf Vduc Net
Alae,.
328.830 020 54Q.SW 0.33
1.0803Im OM 3l?d,933 0.1Y
1.016.034 0.62 3L5.748 0.21 762,287 0.4' 384,lM 023 344.125 0.21 813.258 0.51 513.283 0.31
1,0551W 0,W 481,419 0.29 86:,074 0.54
:.134,899 0.70 2,048,462 1.25
295.662 0.18
l.7i5.127 1.139 l.lYi.710 0.73
345,979 0.2! V0.819 0.59
:.23i.008 0.75 491.63: 0.x)
371.828 023 266.563 0.!6 931,123 0.57
2,201,563 1.35 46.002 0.30 92:982 0.56
:.OM.'52 OW 2,202,65' 1.34
443.471 02: 357.695 022 61~.11Y 0.38
17,a)7>81 10.36
:.418.953 0.8'
--
854.375 0.52 :.806.404 1.10
83:.:62 0.5; :,526,853 0.93
885.673 0 5 4 i.032.762 0.63
23A,617 0.14 2635.085 162 -- 9,806,931 5.99
1,922,812 1.18 513.669 0.3:
i 51d23Q 094 , . . .. . . 555.M' o t l 903.858 0.55
1.759.924 : 06 1 . ~ 4 . 5 ~ ow
594,272 0.36 232,365 0.75
'!:,200 0.44 415.7W 025
1.9M.617 1.21 1,848,599 !,:3
471.551 0.29
7,24454 4.43 -- 651,36: 0.52 518.925 0.35
:.i35.526 0.69 :.793.002 1.1:
4365814 2.67
611.883 03' 1.812.360 :.I1 AR0.316 ti29
'9L.989 0 . 4
0 ow 0 0.00
JUU,Y71 1.98 0 0.00
0 0.00
162,004J45 99.03
--
1,8.rrr.i* 1.13
hVDRWAY 92.1" b t n J 45,iM T.Lnur
( q 6 1 5 ) (0.16)
163,587,680 100.00
2,167,799 1.33
1.6K2.74 102 358.0hl 'J.27
21 16 ZP 9 91
GREECE 11.520 CphnRnni 43.83 OPAP 'I '5
0 ' 2
7 25 5 3- 4.51
a 5~
3.PL 98.83 0 1-
IBY.INI 0.16 139,659 021 TOtd 1W.M
928,849 0.57
LI;.xEMBoLxG 22,818 Ardor
448,145 0.28
I R E I A D 15,02: CRH 415.50" 0.25
415.17 0.25
16lb833W 98.83
161,683.MO 98.83
-~ -~
2s:z 15 02 1 X 3 10.30 d MI -.AI 7 <7
5.06 4 a9 3 55
97.55 2 33
100.00 -
94
JPMorgan Fleming Investment Punds - Global Select Equity Fund
Scbedde oflnvt.ihnrntr - OMtmnding h - ~ ~ r d h # & n Exchange Conlnrrt~ (Eqws8d in GSD) A s at PO lnne 2007
Cum"? UnrsPlissd
Gsin/ (Lai )
974.882 466 .264 3.:81.083
995.641) 1.m.3:5 i.3:8.69S 4 , w , w
2*3,031 9J3.005 GCl.502
2.866.:51 95.141.W 4.821.662 6.3(1'.525
d3.1 yR.220 3,780,902
w . 3 9 9 5,622.ljS
:k,b1%153 3,383.550 2.::8.642 Y.6-6,995
6 8 L . I Z i :,96U,W 2.lR3.U2
1.a65,m
GBP USD USD Al!D GBP SEX LFD .AUD CHF 5EK L E D OSD OSD ECR L'SD USD I U D CHF BUR GBP HKD JPP NOK NZD SEK SGD
210,000
1,022.4+0 4::,5o2
:2,6:5,oso
6 6 1 . f ~ ~
5,228,935
3.3:5,491 2.524609
5.695.93
2,:20,h29 6,343,594
a90.000 3M6,456
689.34- 5,947,694 2.280.39Y
6,850,663 :4,89'.615
:,861,8j8 :6,949.492
.031.:79.682
973,151 14.!X.052 3.640.7~:
715,wn
1 :,9+33
2.7:5 !l4.6a3; 3,331
73.341) (I3,4P,
29.367 31.152
(95,7W! (27.679: (:4.054; (2'.165,
(429,021; (39.548j
3.8M 264.825 580.041
51.318 :1.74@
33.626 37.086 :0.1,0
:45,35y 19,901
JPMorgan Fleming Investment Funds - Global Shori Duration Fund Scheake .flnwstmcntr f i 3 p s w d in USD) Ar ut 30 lune 2005
7l.916.649 17.62 R o d
0.09 1.09
0.73 0.74 0 3 0 R9 0 42 0.i8 1 :9
0.70
47,M8,661 10.77
61.652,425 13.V3
25.0:.9516.0O(p.1 12.'69.519 7 41 21,704,869 3.36
fL'l69.539 1.41
32,769,539 7.41
6.601.7911 1.49
19.DW.309 4.32
96
JPMorgan Fleming Inveutment Funds - Global Short Duration Fund Srhedule j'lnvbrhrcntr F g r e s r e l in I:SD) (mntinm4
Ai at 3 0 Inwe 2Wi
Totd Other Tnv.fcrphlc Sssllritisr 1.603.805 0.36
Cvlh 1821,964 0.41
32.1: 21.6; 17.62 8.96 5.36 A 3 2 2 73 1 5 e 1 -9 ].IC 1 0 4
@.*I 0.69
i2.271
n 75
i o m
1W.W
7. of Ne, h * s U
32.96 26.3: 3 4 2 :I00 J 30 4.1: 2.10 3 5 1 Z? 1 : 8 0 70 0 59 U.5Y n s: 0 4
102.30 (2 10:
lW.M
9'
JPMorgan Flcming Invcstmcnt Funds - Global Short Duration Fund
J rheduir of InutshRcnts - Outstunding Ftnanmal Frtwms Coniractr &qnssed in VSD)
As at 30 lnne 2005
M.lufi* DlU
EUR EIX UID USD
Schedule of Imstments - Oufstandnx Forward Fo@n Exrbange Coniracts (Eqreised in W D j
As or 30 Jnne 2005
Amnpnr 50Y
UnrcPUud Gd"/(IM.)
:5.33O.L26 66,926p39 25,33?..i40
-,475,459 1,6592'0 5.38Y.W
24,942,201 !9,?6340
205.6X346 27,f46.582
4,76.241 T.Rdl.644
! O , O ~ W ~ ~ . L ~ Y
hKRWAY 28.639 Tdcnur
228.141 1.23
l X . l 5 ~ J 2'2,W 338.956 :60.73j
i.r"ib.3": 53,299 oRO.826 26<1,453 218.a65 152.42 089.f94 ?;?.GO 3 a i . ~ 3 ~ 204.U6 2G.W
:,m,.51! 519.088 312,706 689.33 521.: RT. 4218,981 22.083
253.9:P 650.3~0
u9: i.4' 1 e3 : 02 5,gd
2 99 3 67 ;a 14u
3 '2 1.83
1.:0 :,30 f 59 2ac : 68 3,:: 2 82 2.2: 1.14 3 . 4 I.?:
0.82
2.oa
2iY.240 1.11
219240 1.18
204~33 1.10
1::.274 0.60 78.!0: 042
1W.375 1.02
--
116.645 0.63
116,645 061
p:.n:7 0.45
simi 0.45
11,159,781 60.11
s1.a-5 049 :62,UO' 0.87 2 : n m 113 354.4'19 1.94 2W.8Y5 I 3 4 2C,.r:1 1.12 L Z : , ~ 2.28 1W.141 G.5' 110.1UY U.59 RR.628 048
2 , m . m 10.81
--
Toid Invesmmntn 18,162816 97.84
Cnih 259.248 1.40
66.66 2 f 4,
2.09 0 60
97.84 618.062 333
618.062 3.33 2.16
100.00 - 2:?,519 i 1- 347.533 in- -- 565.052 3.04 I
FXAIWE 13.560 Frem Tdicon
663 Thonson
376,160 2.03
321.120 1 7 3
321,120 1.73
295.75. 1.59
-- --
rALY 93.962 Tclccom I w n
295.151 1.59
99
JPMorgan Fleming Invcstmrnt Funds - Global Teletech Fund
Mnl"rity DPlC
Amount S.ld
MJ.w(I 312.r.2 1'11.488 IUZP56
2.69Y.Z:'I 91,949
392,250
:2353b 118.23-
:IO,IM
CSU usn WD b3D LSD CRF EIR GBP
dS,99R 250.837 21:.131 V : . i O 5 361.14' :14 100 323.328
6O.ooO i 3 . l J Y . 5
Ro2.961
100
8,836.916 L.62 ',78:.011 4.0' 4.421.286 2.31 cFLUAW
b.lll&?S 3.23
4,829,966 2.53 4.W.299 241 9.1j6.269 4 79 3.~ '1 .172 162 M23.289 325 6 . 6 ~ + 1 2 3 , s A,610.196 2 4 1 5.47',042 2.86 7.060.498 3.70
"2.085 0 4
13511.163 38.44
j,?OB.aBJ 299 6.799.9'12 3 55 S,bj?,bR9 290
18,166,561 9.50 . .
*/. d Nn h m s 2.'r:,W6 !.L3
2.::'1,502 :.4i
4849,660 359
3.687.07 3 3 2.064.8c6 :.Om
3.23 1.20
4.43
18,14047 9.411 25,yl I' 32 7.5:
6.62 6.42 6.21 3.98 2.w 2.41
19.36 :12!
100.M
5 , l U , 1 0 2.09 6.W1.961 3.3'
IlJ86.541 6.06 -- 5.f74.100 3 02 5.552'125 2'10
SII*GAPORE 509,8110 Flcxmmcs lnrcmnoone 5.5y:.91+ 2.92
5.5S1.937 1.91
5,304,120 2.71 26.15 14.08 6.68 6.56 6.:- 6.13 3 99 3.95 3 32
77.03 I R U
369.7116 0.99
C""."C) h r s d i s s d
Gsin/(hss)
A s ut 30 June 2003
C""Mg h o Y n t
Sold
2n.jd.or 20-s~p-05 20-kp-05 20-kp-05
Told U n d i n r d Gin on Pomrd Forsipl Exchaws Contrpsrs 8!4,305
Q"."tl* Msrkri
VdW
102
JPMatgan Fleming Investment Funds -Japan 50 Equity Fund
Schtdult of Investments ( l L p m e d in JPY)
As at PO Jnne 2005
/. Mnturityl Marksi of Coupon Val"* He,
QUanrivl Nmmc of Sscuririsa Komind
Vd"s h s s s
2.69
2.99
i 61
0 87 '34 3.04 1.65 3.8: 1.39 0.91 1 J' : 32 215 2.20
0.64 1.75 2.:9 1 84 :.59 :.79
0 46 0 7L 1 T6 J 79 2.83 3 6- UY4 0 74
:.56 2 63 0.98 2.20 2.91 2.89 2.30 2 42 i 4s 1 8r 2 1; 3 116 0 92 143 3 50 1.::
n a7
2 on n i 8
2 no
0 a3
n '18
0.1:
7,940,728,700 98.55
7.940.11.700 91155
7,7U,4i8 0.w
7.7U.418 0.09
7.948,4@3,1i8 98.61
i08,336,51i 1.34 -- --
8 3 7 , ~ 0.02 -- 8,057,677,027 3
0.09 0.09
21.29 19.05 15.58 12.09 10.10 6.06
3.96 3 88 3 6
98-55 1.36
100.00
4 sn
- ./.or
H" &.e"
20.17 20.02 L6.97 10.32 9 4 0 6.33 5 10 4.3? 3.89 1.17
98.34 166
100.00 -
103
JPMorgan Fleming Investment Punds -Japan 50 Equity Fund
.Tcbe&le Iflnwstmcnfr - Onfsmdiml Finantid Futures Conimcir ( E ~ m m e d injPY)
Ar ut 30 June 2005
JPMorgan Fleming Invcstmcnt Funds -Japan Select Equity Fund
Jrbsdde of Inuestmmrs Exprssed in JPY)
AI ut 30 lune 2007
1 7 2 0 22 U 69
:.0' :.27 0.36 0. i8
0.0;
0 . 4 ~
o n8 1) 06
0 01 0 53 0.92 o no n 00
I arr
: .I14
038 0.09
0 14 1 0 1 0.lR 0.41 0.65 0.64 M Y
0 12 3 OL u ZL 3.06 0 3 j 1.52 3.56 103 0.59 0.30 1.06 ..>I 2.39 0 8s :.42
0 68 0.8. 0.2: 0.5'
0 4!
n 2:
0.51
..
n 4~
0.28
Csrh 3,691,933,SaO 4 . 1
(416,oSS.H9] (0.48)
Tnd Net h s s t s 86,844,981,782 2 -- other A.ne,./(U.biU&.)
.. . 1.92 :.A:
O.6b
0 : 6 1 5 : 0.80
0.28 0.06 0 46 0.28 : 40 0.32 2 72 0.99 2 ii 0.13
: 90
0.38
0 09 0.7 1.3'
n 99
n sv
0.25
o.aa
n 55
105
% O f hk .hnrti
i, 21 0.21
20.75 la 56 15 s :1.65 !O 33 5.6a L 35 1.9' 3.91 .4
96.02
JPMorgan Fleming Invcstmcnt Funds -Japan Select Equity Fund
rcbedwb f lnrerrmsnti ( P q w r e d 111 JPY) (mnhnwed)
As at 30 June 2005
I
0.21 0.21
20 38 10.96 15 31 :1.2 9 86 j , Y 6 ' 90 ':! 3 74 0 9s
95.44 4 1s
1W.M
JPMorgan Fleming Investment Fund6 -Japan Sclcct Equity Fund Srbcdule ~ f l n r v ~ r m n t r - Oursfanding Finatvial F~kres Cmhactr w m s d in ,[PI’)
As ai 3OJune 200.5
Qunmirj Conrrpo
25: TOPIX I i d r i JPP
Tntnl tinrsali*sd Gain on Finmncid Fuiuwn Contnnl
JPMorgan Fleming Investment Funds - Latin Amcricn Sclcct Equity Fund Scb&Ie ojlnvesrmma E:xpnss#d in CSDj
A s ut 30 lune ZOO5
68.014 264094 424.3:: 237.518 270,510 124.625 99.621
a 4 . m 75,072
L13.654
2:0.?5'
:c2.w2
M.498 60.992
74.1'12 ..,.1'19 1M.55'1 133.2M
43.8M :.033,1:L
.--
;:23 @5,2C 50.9': lb.41' 99,021
209,664
(12.9~0
118.623 1.11 -~ 118,623 1.11
0 91 70,M9 0.65
IWJ.172 1.76
189,172 1.76 --
::0.43 :.03
110,475 1.03
--
110,475 1.03
0 41
9M 110,475 1.03
10,196,527 95.10 -- 478.857 4.47 --
46,418 0.43
10.711.802 100.00 .., .
% O f Net Anmet.
2: 1'
1s 53 :2 '8 9 64 : L:
a.<6 3.30
95.10 G.90
1W.M
20.03
335,641 31.48
:21.329 I 1 3
2M.024 2.4 :30.:69 1.Z:
-- 116,713 1.09
22.25 P U B 16.24 11.4! 9.56 0.c: 4 98
634,23! 5.92
: 0.00 94.260 0.88
94.267 0.88
-- 1 4 a
96.01 3 99
76.289 071 1 W . M
76.289 0.71
9,R96,&M 92-31
9.896.880 92.31
1 U8
JPMorgan Fleming Investment Funds - US Bond Fund
Sdxhfe ol'lnutrtmentr (EAprred in LTD)
A s at 30 lune 2Wj
4 9 : s : S14,489
16.291 316,Wb 55:,4:: 326.456
9.876.424 1.083.142 4,3il,h22
733.655 79.856
4.690.246 749,688 193.55'
8.njo.j6i n,so6,483
1n.ino
787.5<9 li6.0811
3,477,0228
202.484 2,2u,6-2
736.062
606 0 M 0 oc, 0.W iIO+ 0 04 1 20 U 13
0.09 0 0: 0 5' 0 P9 0 02 i OR 10' 0 10 t i , O j
n :3
G on o i n
0.02 o.ze 0.09
3,90443 0.49
23 10.!4/9.M4?'0 3.896.640 0.4' -- 1,896.640 0.41
311.53Q 0.05
25.;2.33:5 500% 15.09 14,55O(P/& 15.06 16,'4950?'0
1,445,202 2.537,'4@
339.'76 j,5-9.'99 Z . W ~ , l I :
49.897
203,932
i.665,945
1.0-9.433
86,655 679,324 -6q.659
1,55?,534 857.i35 563.653
1.8:6.232
2,291,074 640.801
1,611,613 r12,Ojc
943.::6
!.1;4.'GL
493,:19 237,276
i.'%668 '36.046
L22.85:
:.850.82:
2.239.293
5.19i76
',478,445
283,499 2.025.966 2.36@,268
2,848,199
0 18 03: < , I 3 0.M 0" 0.32
0.01
0.02
0.20
0 10 0 08 0.09 0 19 0.10 0 07
0.23
0.28 0:o
0.20 0 05
0.12
U 16 0 28 006
0 22 0.u9
0.05
0.23
0.27
0.03
091
0.03 U.25 0 29
0 35
109
JPMorgvl Fleming Investment Funds - US Bond Fund
Srbcdnte of lnyerhncnts e q r m e d in (!SI)) ( c o t u i ~ ~ e ~
As at 30 lnne 2WI
8.356.021
1.5R6.6:U
3.00G.5S:
i.sn3.j25
lO,SLZ68* :.391.150
2IY.IUI
2,70731
5IY.ZU3
1,32f,433
:.19f,3L2 2.37d.Ud 2,406,332
195.~16 851.'4:
i , I 47.671 697.'6< 306,Mi
1.098.223 2,406,356 A,24:,887 8,354,706
:9,931.f16
:,913.050 744.380
i,292.235
7,086,000
a i :.489
5,3U.S3i
193,1>74
j ,26?,~az
507,114 1.423.600
1,446,546 t.OZ.jO0 2.8Yl.jlb
7,614,MO
4.32.W9 2,815598
208.118
3889.38
5'8.653 1.794.641 2,653,933 aa9.883 630,733
1.:20.822 ? 6 . m s , i i ~
5.w0.199
2,527,129
4288.71'1
4278.:84
2.1~8.51 i
:.?19.366 :.330.129
389,318
W.5209
3,986,250
1,5!7,6S9
f4pbb 1.53,'126 3.282.083
31 6.021
:.e2
0.19
0,3-
u IS
1.2: 0.:- 0 li3
G 33
U.06
U.16
0:; 0.29 0.29 0.02 0 :O 0 - 4 0 09 0 OS
013 0.2" 0 52 1.02 0 10 2.41 0.65 0.23 0.09
0.:6
0 86
0 02 0 06 017 0 bL 018 0<8 lJ,35 0 -1 0.91
0.22 0.34 0.03
(1.0s
0.0- 0.22 0 32 'J 10 0 08 V.IL i 9' 0 31
0.52
0 12
0.2-
0.z: 0 16 0 05
0.:0
0 49
oifi
001 019 OLO 0 0a
1 IO
3 2 0 6 6
:.76'1,54'1 274.35" 986,lM
1.8:2.42b 8!4,520 448.102 372.857 3W2<2
:.W8.08: 215,203 429,226
:;6.385
5.082.005 90'.u- 864,135
:,lY,:8: 15,603
2.42:.440
555.40' 826.692
7% 6:8.230
1,:U,9Sb 2.085.354
330.851
3.6K.5'17
12.699.289
4,901,522
782,891
3,078,973 1,688,035 2873.8'13 2.049.853
700,4;0 Y6.086
1.OY.P 18 1,801,437
-91,775 335.563
6,556,850 178924
2b.Pb 522.109 24,519
:.49:.966 .I'O,fjR 776,556 476.6a5
2.i80.351
500.208
4!0,Y 326.T.2
6 m a 8 1.'02.'69
147.S36 '161.946
I.435.833 855.321
1,0i9.a96 2909,043
947,OG
1296.241 6'1,119 940.76P
821.06:
334.779
82a.880
n5
0 2 : G Oj 0 12 0.22 0.10 0.05 0 05 0.05 0 i 2 0.03 0 0:
0.01
0.62 0.1: 0.1:
014 0 a, 0 25
0.07 0.10
0.K
0.14 0.25 0.M
0 45
: 55
06-9
0 10
0 38 0.21 0.31 0.25 0.09 0.09 0 I3 0.22
0.W
0.80 OOZ OM O.Ob 0.03
0 18 0.09 0.09 0.06
0.2-
0.06
0.05 0.W
0.08 t121 0.0' 0.12 0.:: 0.:0 0.: 3 0 35 P:0 0 - 2
0 40 0 08 0::
0.10
0.04
o.oe
0.10
JPMorgan Fleming Investment Funds - US Bond Fund
Srhedwle Gf Inuertmentr fk+nrprrsd in ['SD) [mnnuredJ
As ut 30 lune 200;
2.34.961 3S .631 235.105 226.325
2,40-.w j.355.890 :.7:2.46!
3.801,4ao
5 w a : Zl3.95r)
3.323.301 234,590
83:.303 5:8.:3:
654.8YL
:.543.8*0 :,412,W6
-31,30"
i.ao1.135
2,1'3,539 1.162.267
2,802,233 364 100 324.53'
:.35-.@" ?.243.jOG
2."<3,719 '.326.:-2 2,:54,dO!
558,L50 55435'1
1.245.o(i6 186.29: L99.251 794.496 557,362
2 , n i z m
3.a~9.066
502.331
4.450.832
1.069,dOi
2 .0x r96
! a a m RR6,49'
0 34 C A M V IJLAhmJ 004 1.790.000 Hrci i son W h m p s 0.03 lnrsrna~ond 144A
0 03 0 29 :;;; S O U I H K O R t A
0.C
i.Lo0.m Korea Fior Bani 144.4
0.0- JAPAN 0.03 0.41 1MA 0.03 0.22 0.10
o"6 'Ewf~O,WO HSBC C ul Fund&Jsrs~
0.08
0.19 0.1: MEXICO 0.09 i,i95,Nd hmcncxMovJ
i,6(10,Mo Chuo Mt9u Trust 4 Bmhng
Chwnsl E& 1444
O.2h O.l<
c 3 L
0 e* 0.:: 0.40 0.25 0.33 0.89 0.26 0.07 0 07 0,:s 0 02 0 06 0:o 0.07
0.4'
0.06
0.55
na
0.02
427,656,912 52.10
i0,9R2,d01 14,4'i.670 1C..9d3.~30 14694.933 11.925.562 9.i35.110
1 A,908.7! 3 20.71 :.y25
1 3 L 1 ,6 I 3L ! 79 l.45 . 1')
Z 52 3 2
..
259,821.117 31.65
219,821,117 31.65
111
JPMorgan Flcmiq Investment Funds - US Bond Fund
SrheAIe of Imwshmts (Expressed in USD) lmnhnwc4
A s at 30 Jnnt ZWi
'h Of NU A s m ,
10: 03 2.2Y
0 78 U.63
o n9
n !- 0.16 0.15 O.!L U 05
116.12 ,16:2:
iwm -
'A "I NU ***srn
I:Y 30 0 7:
I 64 1.13 0 60 0 51 0 1:
0 30 0 I@ 0.2Y
0 23 0 22 IA21 0 19 0.19
I n:
n 42
n 2'
0.18 n.17
129.2t (2Y.2:;
io0.m -
112
I JPMorgm Fleming Investment Funds - US Bond Fund
Srhcdnlt oi ln iwhents - Orntstandml Fmannaf Fnfnmr Confrertr @qmsstd m l!SD)
As PI 30 Junc 2007 '
M.N¶iN D.tE
USD
29,925.M (92.570.3:3,
3 0 . X . 5 6 3 24.27.26: ! 9 , w ,918
USD
65,675
srp-Oi US Bo& CL. S m k Pncc 119 USD l i 3 I11,:HR 53.328
113
JPMorgan Fleming Investment Funds - US Disciplined Equity Fund
.Schedwlc afinuestmnts Expressed in USD) Ar ut 30 June 2005
. h Sbarc,
2,RY 7,325 :,803,816 !.03:.008 :.i4-,206 ;.485.;02 79i.5'2 703,296
4.3 ' 4.59 ! :.667.295
9&5' 685.62U 54.236 7 2 . 7 2
2 . 3 ~ , 0 5 0 928.60L
!.719,23C am2w 3'2.860 oL6.:76
3,538,169 76.151
!.330.112 :2!.590 :62.105 381.5P0
:.:cz.o4n i29.051 :'3.040 !90.800 281.932
1.655.801 48.335
48L.772 373.086
2161.556 76.167
L.178.760 1.272432 7,603,936
390.126 3:iiai
3.81 5,6nz 3r1.8n2
2'166.566 338.184 76,925
2.317.065 1.502.336
YYB.IZI 211.248 5lt.2'5
1.373.rO2 1.'?2.L04
91.170 180.4JO
1.89~.090 117.993 36,427 53SW
i,i:-,n7u :.31'.*30
572.809
i.805.24' 501,875 3'.W '14.29L
8.N4.92L 34.710 1 -.559
:.2u9,a8u 728,nzr
i L i , C d O
4 . W :80.;29
:.2U5.602 65!,233 203.616 5UY.YbL
9.052.290 :.060.500
2,21a.620
1 2 3 0 -7
0 L i
0 LO u.61 0. i i n 10 : 66 0-1 U.01 0.ZY n 02 0 03 I Ob 0 3 : 0'3 054 U.16 0 2- I..?$ 0.03 0 j6 005 008 0 16 0 '4 0.05 0.06 aoe 0.12 0.70 0.02 0 2 ; 0.!6 0.92 0 03 17' 0.5.1 3.23 0.:- 0:6 I 62 6?5 1.26 o i 4 0 31 il 98
I' 42 n 14
0 0Y on 0 j R 075 0 04
0 80
0 02 0.02 0 49 0 56 0 24 0.32 n 91
0 21 0 02 u.3u
061
0 55 031 om 6.08 L $S 0 28 0 09 ti 22
u.un 0.05
3 rn
on1
n 9' 3 ar 0.45
1 14
~ 3 1 n 2*06-,191. 2,A'8,2Cli
5M4,8!5 200.200
2.104.923 2.c82
RLC.3 ' 0 3 : p o 16,793
2.-26.,17- zI-.l~w 93.1Yf
!,835,0ii
:on.o-j
2,235.000 588 S20
36.160 *.95;8r@
031.520 341..;i(I 732.160 :5,3*
3.3L5 121.29:
i.ffn.01 5 492,499 6 4 - 3 4 725.L96 J!4.121 :!(&lh4
2.257.402 L08.670 12a.712 $20b?b 21 :,97o 72,720
"22.510
9.501.625 '07,874 6:2.612 Zb8911c~
228.655 109.174 i:6,9Y:
:6.m 3U.536
6,dY 1 , Y O
655.980 2.670.330
89f,*W 368.tL3 3'0.211
1,R%.920 742368
1.678.328 W 4 l
358,302
307.W.6 :.8?9,24b
w i n 1 6
428,720
I.~YL.M
1,181,999
105.m :,540.343 2.606.7b3
914.i44 l.R60,T5 2,757,924
8:1.881 558.875 120,186
1,233.960 28.666
C.261.5'16 68.859
418,725 76.320
Z:2.rz40 100.380
1,509,840 41.272
51'.2cd
i a 5 , m
0 :6 I> RC. 1 (I! 0 2L 0 06 d ar U . l k 0.3c (I ol (I 0: 1 I< D.I)v L 0.1 0 -E 0 95 0.25 WJ! ,>.G 2.1c u 41' ,8!4
0.3! 0.0: 0 UP u I15 0.35 (1.21 0.2' 0 3: o:* I1 n. 0.96 0,: 0 (I' (1.22 0 05 0.E 0.:* 0 40 1.45
U.26
0.1* 0.1c 0 05
0 . x
0.: I
0.0' n.16 C.0: ti I r 2.93 0.21 ;.I? c. 36 Tr 7 G 10 0 '9 0 32 L. -: c M 0.15 0 5c 'l!!
e* 0 61 ,..I 0 3E 0.7 1.1- 0 31 0.2'
0.9 0.52 0.0: 1.62 0.u3 0.12 0.03 0.90 0.2: OM 002 0.22
n ar.
. .
0.0'.
JPM0t;gdn Fleming Investment Funds - US Disciplined Equity Fund
Srheduie oflnveshrrents (Expsscd m L' CD) (mnhnuea)
AI ut 30 Junc 21MT
:,762.1U 4 6 6 . M ~
8'.750 ;.549.486 :,82:,162
299.T.5 1.:24,070
427,886 1.:31.784
5 d 6 P 2 . 6 6 W 2
1R8.5RO 1.2'8ImO :.393,44L
: i.186 469,MO 251,034
1-'.aoc 1.362.RS5
3Ur.0'8 390.30
:.3Zj.LhL 9,280,396
355,860 3.030209 3.41:.925 2,460.67.8
264.594 31.332
1.2Y1.188 386.484
3.360.MO 2,-'R,04k
23,595 50.604
689.856
0.13
0.18 0 L8 0.IJO 1 :3
0 5< 0.59 0.N
0.1: 00: r. 3R
0.17 0.56 1.39 0.15 1.29 :.45 :.04 0.11 0c1
0 !6 1 4 3 1 :n 0.02 0.2'
0 C9 0 30
o.ca
o nfi
0.20
0.:5
0.55
n.n1
0.74
nnl " . 061 -..... 023 --
Z,Ub2,331i : 26
2,962.330 1.26
233.595.798 w.11
0 OM
G n h 12b216 0.05
Y, of Net h n n n
0.17
0.17
26 4s 14.28 11.96 13.19 :1.36 h 54 8 13 3 63 3.0Y 2 55
99.11 U.W
100.m
20." 16.15 !5.39 12.75 11 zc 7.5: 6 96 3.21 2.96 2.85 99.52 0.35
115
JPMorgan Fleming Investment Funds - US Disciplined Equity Fund I
Srhdde of Jnueshrrcnts - Outstanding F:nannu/ Fufnm Contructs fipressed in CXD) AJ at 30 June 2003
Mnruri?r DPU
(Shon) / Lanp Pod don
22 11.3.5 1.525
116
JPMorgan Flcmiq Investment Funds - US Dollar Enhanced Yield Fund
Srhedwle q'lnvertmmts E q m s s e d in CrD)
A s at 30 lune 2005
5.411.731 0.39
.;,iiT.,W ING Rank IL :0 :4,'3,390%- 5,009.500 0.36
-- .mma2qvm
5.021.550
3,224.21'2
13,423.2V4
10.011.aoo 15.005.Odo 2.W.565
901,liS 3.153.270
-69.549
8,970,475 3,138,552 3.416.807 4.Wl.652 ,,.=1,9r5 9'18.il76
2296,956
-..
2095295
6.069.37a 9.523.750
19,7'4.!74
7,699.014
:.710.010
4,293,281
1 1,350,62?
1,876,252
3,829.4'8
15,271,321
:.:<6.833
2.2604:9
1.99!.650
2,404,351 13.94!.825
W,OM
0.36
0.38
1.12
0.72
0 ZD
0.23
1.09
n oi
0.06
0.65 0.21 0.25 0.29
0.07
0 17
0:5 0 6'1 0.-
L'3
0.56
0.12
03:
0 R2
0 16
0.28
1::
n.jz
0.08
0 : 6
0 1L
0.17 1.01
0.02
11:
1.100.000 Coun-dr hsnrr-Bac.Lrd
3.830.698 Cosnrr)a?dr Hone 6qwv CImficitri 2005-BC: MZ 25.05.35/3 75010-
Loan Trurr 2003-C A 15.05 2913 *90!'0.
25.03.31/3 '54%-
25.03.35/3.?94%*
25.W.322 46n%-
'.600.000
5i0.561 6.8s2,Oc:
<,10:,R72
L,30292S
3,093,503
2,654.33 ','67,65i
~.822,2Y6
L.053,99'
1,002.861
2,513.090
6,2<3.839
4,336,275
2.20:,3*2
1.'03,995
9:6,'3L
1,:03,531
1,10326'
1.R39.497
10.M0.209
5.0j3,303
3,osn,979
~ . Y Y ~ . W I 18.:".134
5.096.764
30,339,228 1,"?,019 3.833.W5 L.OZ8,UUJ
j24,iMS 6,059.59:
*.:08,679
: .45L.?42
652,:5R
549.142
1,501.590
6,672,859 9.:78.527 22929W
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Sched:de q Inucitmenr? @:~rpsrcrl m LYD) (rontiun@
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JPMotgan Fleming Investment Funds - US Dollar Enhanced Yield Fund
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JPMotgan Fleming Invcstmcnt Funds - US Selcct Equity Fund
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2.270.915 865.16a 589,512
1.588,20r
020,862 334.243
2,222,606 3Zl'.lO(r
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409,914 4582.122
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9L9.862 :.3Lb,837
524.561 598.030
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466,580 1 ,503 ,4~
696.438
870,535 87!.74 R5*,066
1,820,380 6'4,850 158,281
436,922 322,647 580.L61
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532.328 2.~10.22: !.041.893
390.390 751.5Si ?:1.975 466.031 RI4,Ra9 427,<74
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JPMotgsn Fleming Investment Fund8 - US Small Cap Core Fund
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28.170 53.509 3.392
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41.6:' 56,5:6 6 9 x 9
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1.1a.515 25.428
31.690 3.870
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JPMnrgan Fleming Investment Funds - USD Global Balanced Fund
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I
JPMorgnn Fleming Investment Funds - USD Global Balanced Fund
Srhedrlp of'lnveJtments Expressed in LXD/ (mntinwedJ
As UI 30 June 2003
6.46, 5 . 5 8 L bf3h 7 8L'
!A,lOrl
32.912 53.895
123.j13 8.9-6
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30,855 !?,I60 35.095 41.46
68,07, 20.628 16.W
55.356 33.42
112.532 9.102
2.761.W9 4136
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8,460
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2q.1182 22,903
7,420 18,486
2.9i2
40,625
7.830
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5 3 ' 2,599,896
54.600 76.804
:5,016 8,250
:8.928 34,529
233,352 : I655
2.823.162
16.5';
:0210 P.820
I7Z.4UO 118,%9 44,650 25.800 54.333 51.76n 66.987
8.83 57.4NI
1~4.360
:,:9
1.958 16.356
66,716 6.436
39.89A
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74,950 :.765
65.56
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29.066 "b.890 29.18' 2 2 . n ~
1.32.520 13.936 3.755
67.939 3.300
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28.872 18.1-1
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2.568
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9.638 90.882 :8.62- 6.153 6.90I.
53.720
2,482.n54
w.2in :.as.;
15.081
19.280 91,OM
IZ.ZP8 9:.616 r:,690 9,264 3.943 i.270
26.L67 33.507
5WI 9.2W
1lM.880 23.3'1' 2.380
12,528 43.296 29,964 2:,060 93,750
37.312 13.256 21.396 56.720 52.220
~3,780
: 2 .m
I
' JPMorgan Fleming Investment Funds - USD Global Balanced Fund
/. .Uattud*/ .Umrkm of Cnvpon V d U C NCt
h.".
37,544 (,01 - 0 2 4 d n i 21.645 0.00
28,190 ('00
2L.2'6 0.00 ? i s U K
'350 O M 32.670 000 36.260 001
7.3-6 000 dr,255 0.U: s j , . : ~ o(,: 3 1 . 2 ~ ~ n.oi1
6.296 000 78.851 001 2:,431 ti.00
6.5il3 0.00 32.2.5 000
19,656 OOG X:O6 000
8 . W C.IW 25.&9 O W
31.655 OCmO SO.121l 0.0: 1'.'2B OG: 13.52: 0r.o 50.958 001 2.940 fin0
:a.:-j 000 z u 4 a 0.00
6 . i ~ 0.00
v ,un G.OI 2 0 . a ~ ~ O M
4 : . ~ n d i
39.9~ OOP
1.5:a.-86 o 29
I G 9 S I l u G
24.429 000
90.189 001 3.3C3 000 6.66d 0.0ti
16.L20 @Oil 62.q61 0,?1
s . 9 ~ 0.00
2.0-2 r..oo 3*,58O GO1
220.195 On9 55,823 00: 0,031' OD0
11.149 0.0U 1.96; 0C.D '.O24 000 6.384 000
3i.WA OW L.028 00"
:00.100 0.0: :31.921 002 14,691 ti,W 59.13- 001
i . m a o : 021 3 . 4 5 000 i.0:9 OU0
2.792.091 il4c
49.720 1.01 :4.a50 000 65.5G? OC11
2'.696 CUI' 25,332 0h l ZY.280 I)@[,
3,330 '106 '6.398 0.0:
L.931 0.Ob 21.98: 000 43.416 0.01
69.000 001 5.X- 0.00
16,151 0.K
6,818 onn
~ 9 0 U O I
MP*n \'due
2I.YY6 !*,I96
13.090 24.030 12.-53 2'274 :O,bRO 12,71fi 30,636 4.683
13.31 5 m
l,39.S69 23.69 3.94
411,436 13.845 56.T.9 42.305 :".DM 5,580
16,830 4.7w
2:.43L 14.54; 65.342 1 Y 2 0 45.953 i.zw
36, :7 R . W '4.608 6.,T
::,136 29,O'O 43.820
36,940
4,585 W ' O
10.782 41850 %.678 40,324 23.280 29.ljO
:.-Z8 6.2W
19,480 9.m 1.512
L,364 35,262 18.782 15,240
3.830 6 3 3 2 5,389 3,662 9,560
29,asr 44,020 39.600 : w n :<,3a 8.946
:J.092 4.58- 20.320
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50.401
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1,99:.690
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JPMorgan Fleming Invcsuncnt Funds - USD Global Balanced Fund
7,4% 1 1 3 6 34.:60 18,480 22,260 23.192
18.0-5 1L.964 33.110 28.1'40 ~z.no4
12.900
3.322.723 3.9:7 ZbL
e.3'9 b i . 2 4 G f 3 1 13.734 1'.963 19.564 13.!60
<O.&@ 31.M8
1.268.830 5.610 b.%a
27,JZU 32.530
2,?66,01n
~ 3 3 3 . m
36.9:S :3.260 4.564
:4.775 27.34'1 13.312
3,757,868 28.6'9 18.a3a 5i .Wj 36,330 59.35 29.:12 6i."4
9.1L7 6bbPY
63.015 4 2 7
30.294 79.200 !1.720 i6.WC 0.666
15,7S6 50.805 29.30 14.388
6.4b3
22,287 zz.6ao 84.436 27.70
: ,925,063 1 . 4 4 3 4 1 , ,
9 3 , m 34,524
2299,213 26.3'6 : 14.852
1,006 5,9r9
0.00 0.00 ~1.00 0.00 6.00 o Po o on n on
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FRANCE 16.ZW Ala? hfndou 36,411 BNP Pnnbns
25.06 0-
3.j7i001 0.4 651.0:l 00'4
4.641, 001 1.:13,305 @ : 5 1.5~8.l'ro 021
905,4114 0,:2 1,202,182 0.16 2,214,910 0 29
468,76il O.Oh
1.:56.4'41 U.24
38.295 on:
~ a ~ , ~ 7 ~ 11.11
1,010,202 n . 1 ~ ~~
27,671,038 3.77
n 22 0 14 0 45 0.09 0.2R
0 26 01:
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781.802 375.74
575.31- 452,3LG 539,soa 614.06a
9 4 . 5 , ~
:,1M.982
1.64'.511 46'1,809
547,209
L43.773 76'.6dh .;6S,X9r 529.245 705.239 927.518 561.36" 138s:: 459.Y15 456.619 929.525 776,716
4L2,'-2 289,873 268,915 379.636 437,387 791,215
1.2~9.anz
2a:,200 :zo,3oa
1~:,102
236.901 65-'.0Y3
633.853 :.068.62:
4% .4! 9 1,1M,607
3:3.861 :.ias.izi
34.268
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26,672,914 3.63 -- 2,5of,i38 r'3.'02 OM 0.14
6:5.796 0.08
16,511,808 2.25
932,949 0.13 1,528,821 0.27 797.q.6 011
1.292.991 011 1.3'0.6W l i l y
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132
JPMorgan Fleming Investment Funds - USD Global Balanced Fund
3 h d d t "jlnreshtnts (Eqrssred m USDj (mnhnwa4
991.721 li:4 5W,?96 0,O-
19.025 000
:.614.523 021
195,896 on3
:.as:x 0.25
9,147,031 1.24 -- 1,non.w 0.!4
856.6ir o 12
w~,M: 0.0s 1.360.32: 0 19
2.448.'XI9 0.34 886.274 0.12 954.723 0:3 906.203 n:2
9,079,883 1.u -- :5P,!45 0.02 76.480 0.01
832.419 0.:: 1.01 1.266 0 :4
691.00' 0.09 315,287 006 :4149' 0.02 392.267 0.05 9 6 7 6 no!
130.923 002 51.855 CO! :??no nnl
AHl4.182 0.52
i97.928 003 195.045 0.03 13338- 0.02 5-:.709 0.08 :oa.'ji 0.09 190.9'7 003 231.100 U.03
.,... "". E?':; :::: SULTHKORE.4
673.93' 0.08 19R.Y5+ 0.03 *2.78? or:
136.'83 002 ^^
5.3V Dsskn Sscunori 2.921) H i n C:mre Conrrol r290 H ~ ~ B L + 2.730 HwnduMobir 4 . W K n n p n h d
:-o.ai- 0.02
4 0 . ~ 2 on- 75:.852 0.10 .36S.W6 005
273.040 0.0% 33:.314 0.05 LOP19 0.01
236.S83 I> 03 W.635 0.0:
m.2zc 0.4% SI,::< O.UI 51.948 00:
309.03~ 0.0:
2 3 8 . ~ 3 o m
23.56: 0 W
L01.9-6 OW
343.4M 0.05 :25,3oL) 0.02 392.419 0.05
19.53: 001 3-9,284 00: 118.902 002
3,08926 0 . u
929,nu9 n 1 3 ia0.067 0.02 830,673 0 : : 4664'5 0.06 975.022 Old '08.473 0.10 652.622 0.09 --
133
736.30' 010 i.?10,298 n.2:
2.44f~605 0.33
72.6m o.ni :14.18: 0.02
68.39: 0.u:
25,350 000
183,425 0 02
55.545 0 0 : 156.424 0.02
46 0.W 348,919 0.02 69,562 001 '4.'82 O O ?
139.557 002 '52.175 0.16
85,976 0.0; 68,-:3 0.01
:24.553 0.02 . r2.'4: 0.02 w w 0.01 21.936 nm
2m.502 0.32
.-.
-- --
96.7'1 0.01 34,451 0,W 40.29! on1
: m 3 0 no2
104.838 no: IR.fS3 0.W
169,745 0.02 59,035 0.0: %,Ai0 t O i 54.99: 0.01 W!33 0.01
2 X 6 M 0.P 94901 0.01 63.252 00:
541 0.W 23.582 0.01) 58.191 0.01 W.153 0.01
46!.27' fi.06
I JPMorgan Fleming Investment Funds - USD Global Balanced Fund
Srhedule @ w t h t t n t ~ E q m s s e d in USDj (mntimc4
A? at 30 June ZoOj
2,021,433 0.28
1,869,822 0 3
SfPILX 38.28.: Banco cc honadl 30.4-2 lbcrdro i
68.712 0 0 1 3V,890 1106
83.357 0.01 fi3.308 (101
:10,206 001
0.20
20,993 no0
IhDU
191205
12oi .w
3: G X 6
15.05 Ob
1,454,464
467,560 908,016
0 06 c.:1
1,115,646 0.19
11,996 OM 4 6 , Y 0 01
233.3iZ 0.03 91.501 001 71,412 001 i14.i48 0.02
510.376 0.07 12,684 0.02
57.262 0.01
Ih'LX4 4.3W RcLsnrc I n e u ~ m r 144.4 GDR IL2.700 002
142,700 0.02
33,749 0.01
asm 001
49.43- no1
49,407 0.01
--
32.17: on6
32,177 0.00 --
MOROLCO 3.48: Mamr 'rekcom
25,311 0.00
29311 0.W C n W D . 4
2M Nnvn Chrrmcur
135
JPMorgan Fleming Investment Funds - USD Global Balanced Fund
Srhednie oflti*shmts (Expressed in USDj (mrltimedj
As ut 30 Jnnt 2005
/. UuPnW/ Namc of Ser-udtlea Maturity/ Market mf h-omlnal Covpon valus N C t
VdVC A n n u s
:u8.9JR u.0:
1on.m 0.01 --
P.M2 0.01
10.61.972 1.45
734,870,574
2Y.14 9-20 3.8- 1.57 1.lL 1.W 0.28
46.24
!:.SO ' 69 6.4: 5.56 5.43 4.53 3 11 2.17 2 la ; .58
50.48 1.28
100.00
: I 3 0 5:
0 @-
41.31
n 2h
12.23 7.29 6 L I 5 -0 5. !+ 3.9L 112 3 Ob 2.R1 !.X G.3:
52w b.63
1W.M -
136
JPMotgm Fleming Investment Funds - USD Global Balanced Fund
Jr//c< o f l n v e s ~ n t s . Outrtundrn~ Finunnd Futnrsr Conmcrr @perred tn W D )
I
3.p-05 Srp-05 scp-u5 5.p-01 Scp-05 Scp-05
ECR EUU
(162,9701
SrIiehle qjlnwstmerrrs - Outstunding F U I W Q ~ Fortiin ExrhanH Contmcts (Egressed m L'SD)
Ar ut N June 2005
Amount &Id
.WD bCD CHF CHF EUR GBP GRP GBP GBP HKD KZD TEK SGD USD L5D mn USD USD CSD USD USD
1.9'3.5'1: GBP !,971,&3 tiSD 3,l'r,034 hI:D 4,035585 GBP
Z:.520.W0 USD 800.000 AUD
3.593,OdO CHI. 1.397294 SEK
8a9.m USD L9.2:J.BLU 0 S D IL,blO,WD USD 85.nB6.592 I!SD 10,385.23- USD 6.U61.16i AUD 4.2112.9RL CHF
168,332.3-5 ECR 2.43.988 GBP
20.523.768 i.wa.208 L:K Z.L6d,7OR Ilm 5,08:.854 SGD
T o d Unm.Li.ed Gin sm F m d Forem e x E h q Crmmmn
830,Mo :.502,559 J.ZM.CC@ ..r96.520
2'.051.676 1.93R.Y 12 8.079,:67 :8.797.T0 1,620.37; 6,324,309
10.269.07' 1?.72b.jS6 6.27:.523
. _
n , w m + s,19s.:10
333,982,253 1.356.590
2,197,315,555 6,iS:,l60 3.513.533 8.414.36'
:2.:;2 (6,322,
8.616 (55,928,
<1,000,425 :39.47 11:,8s' 94,652
:29.!62; '2u:
!:72,bi9; ,78c.545; 203.3:2: (45.65T lsO.0C3
6,158,820 36,125 610.691
14,932 36.639 &.28a
5.11U.W
1,796.910 0.24
511.707.71 SU.22 To.*,B.n&
39,516."13 1.21 0 : h 0 23
-- 36305,675 4.87
31 !2.49:4.75W? 4,361.M: 0 5 8 24 06.49/6.0Y%* i.W.434 0.25 2Y.*.A8!5 250'so 3.74Y.336 0.50 0:.:2.071- 2500,~ *,nqu: 0.94 0712.09/5 750% 8,192196 : 09 2709.13/8 W 0 h 4,326,043 0 5 5 'I' LXI lA!5 WU:b :.L6,O7i 0.25
31,164,920 4.16
-- 13.46831 1.00 --
10.09.32.2.2r33'~ 290:,080 0.39
:2 .01 .40 ,2 .2~~~= 1.~12980 0.24
21610.938 2.88 4,t13,1M 0.63
138
JPMorgan Fleming Investment Funds - USD Global Bond Fund
Srhedule aflnrvrhentr &bremd in VSD) (rontiu~c4
Ar ut 30 June 2W5
/. Msrurifyl Msrksi of Covpm V d w Net
Q u - W Kerns orkcuritisi h..ml"d
VdW A a s n .
55.1.M.148 7.35
-- U.YWPI5 1.19
8.906.975 1.19 --
25 08 25.05 1-.95 11."9 5.27 4 T 2.d8 1.99 1.80 la 119 0 T 0.78 @.W 0.39 u.29 0.25 0.2L 0:9 U.:?
103.04 n I,*
3 04;
100.00 -
3'. or Net A..st.
2d.R5
:5 OI 8.5: 6 28 3 12 3 1: 2 -7 2.21 :.a5 1.85 1.7' 1.41 0.83
0 45 0 4: 0.32
Lo M,
0.49
0.20 0 20
96.94 3,M
I
139
JPMorgan Fleming Investment Funds - USD Global Bond Fund Srhedde oflnwstmtnts . OutJtandtnA ~i#amrQl Frtrres Contracts Expmsstd in L'SDj
As at 30 lune 2M5
:3S4; Euro-Bob1 Fururr 12 Eum Bund Fumrc
33; (106; :b65:
US 10 Ycnr Norc Fume US 2 Y t u Now {CBTj US 5 Y e a Norr (CBT,
EUR EUR
Srhcdtde of Inveshents . Outstanding F o m r d Foleign Excbenpp Conmcts (Eqtusstd in USD) As at 30 June ZW.5
Amount Sdd
El!R GBP JPY
2,:16,228 8,489,420
:b.9W.46:
223355.66- 939,853
:8.94.392.695
9.9-2.a97
67.958.5-e
18.824 :33,8533
(294,565: c380.891)
435,005 14,14:,694
305,480 5,365,722 I
19,576,014
JPMorgan Fleming Investment Funds Appendk - Enandired A d a h n u 1 Disclorum
Forthe Fvrthc Fnrik Foorlc Porthe For~he Cmppcd psdnd sndsd year mdsd yew cndsd yrsr m&d YL.~ s n d d yew ended E.FS~BS
30 June 31 Dmcsmkr 31 Deembcr 31 December 31 Dscsrnbcr 31 h m k r R . d O 1nc*pt!an ZDOO 30lune2W5 Date Shwc Chi. N m e 2005 2m4 m3 too2 ZW1
1. Pund Expense Ratios and Cupped Expcnsc Ratio. (1)
1.90 :.25
0.W 2 65
0 I5 0.85 1.65
1.10
0.82
2.15
:M 0 75
0 *9 I$L. 0.04
0.65 0.25 V.03 1M 0.'5
0.50 L'O
0.M . .o 0.80 0 S6 1.50 0.0s 1.90
:.90
:.w 0.V8 290
0.10
1.90
..
0 05 I .90
1.R 0.? 2.65 0.06 080 0.55 0.U 1.20
0.M :w 1 50
1W 2.90 0 06 1.r5 1.05
0.75
2,:s 1,4:
1.05
0.73 1.90 0.01
:.05 2 : : 0.15
2 W :.50
080 2.65 0.1s 0 85
1 65 ;.lo
0.80 2:s 0 02 1.W n 7: 0.1 i.4 0.03 0.65 0 25 0.03 1 0 0 0 . 7
0.49 :a 0.03 1 :o 080 0.51 1.50 0.0)
:.w 1.50
1W 2.90
0.10
:.go
M i 0.05
1 05
1.30 0.7s 2.65 0.05
0.85
0.00 0.45
1.20 @.M :.90 1.50 1 3 s 2 90 0.05 1.75 1.30 0.85 2.:5
I45 1 Gj 0.73 : .w 0.0: : 65
2.3 011
2.00 1.50 O B 0
2.25 0 . I L
0.83 :.65
: 10 0 80 2.W
1W 0 75
0.a
:.25
0.03 0 65 0 01
0 05
1W 0:j
0.L9 :.25
0.03 : :0 0.80
0.27
1.35 0.03
1.W : 50 0.32 2.50 0.M 1.90 108
0.68 0.05 :.65
1.30
0.15
2.25 0.05
o a5 0.W 0.30 1.05 004 1 90 ! 5 0
:.35 2 so 0.05
1.30 0.82 2 0 0 :.45
105 0.73 1'5
1.75
2.M
1.50
0.80 2.25 0 : s 0.85 1 6 5 :.io 0.79 2.W
1 .W 0 75 0.48 i 2: 0.03 0.65
0.03 1W 0 ' 5
0.50 1.25
0.M
i.90 : -08 0.52
0.05 165
1 30 0 '5
2.25 0.05
:.PO 1.50
1.34
2.33
0 0s 1 3 1.30 G.83 2.00
1.45 1.05
0 72
1.15
2.00 !.SO (I 80
0 20 0 85 1.65
1.10 0.79
I on 0 75
0.50
1.25 0.03 0.65
1.00
0.75
0.50
i.25 0.05
2.M
3 0
G.0'
0 20
0.85 1.65 1.:0 0.M
1.W 0 '5 0.M
0.04
0 65
1.M 0.75 0 SO
o o j
1.65 :.30 0.68 0 -4
0 0; 1.65 I 70
1.30 In 0.75 0.': 2.25 0.Od 0.05
:.9G 1 9c,
: .5G !.30 :.3L - >> 2 50 0.0s 004 I i s 1 75 1.30 1.30
0.83 0.85
2.00 1.45 : I 5 1.05 105 071 0.-1
L15
. ̂.
- 12-Dcc-9' . 31-Dss-9'
1.01 :G-DLL-OO - 12;\LSr-02
0.20 29.jWY8 . I6.Lp-96 - :8-Jd-95
- 19-jan-95 090 X-Jm-9a
- 1;-Jd-02 0.10 l6.Jd I)r
- OS-Jm-99 - 07-May-97
- 03-Apr-0:
IS-JndS . 18-Drc-03
005 08-hy-02 - OI-Jd-Y7
0.5; n r . ~ ~ ~ - 9 7
n.iv is-jun-98
- 23-ssp-9' 0.55 lh,lun-94
- 16-Id-01 0.10 30-Apr-98
2Y-diy-03 - 27.Mmy.03
060 OS-Id-03 - 2:-Mzy-V3
0.10 27-Hay-03 - 2'-Fcb-05 - 2--uny-n3 . 13.Ck:.03
: W 06-Nm.03 - Z'-Msy-03
0 : 5 27-Mzy-(? 29.Aug-9:
- 2i-Jul.91 - 07-Jan-98
0.iS 2l-Msu-01 - 0 2 . A p ~ 9 ~ . g & 9 7
065 io-hv- ' la - 23-May-0:
0 . 2 06-My98 - 27-May-03
- 27-Mny03 045 28-Mq-03
- 2'-Mny-03 0.10 27-May-03
. 29-May-98 - 0 3 - ~ ~ > - 9 a
100 IO-Id-98 - 06-FebOi
0.!5 03-Frb.00 - 23-Ocr-98 - 10-Dr-98
0'5 01-Dsc-99 :mcc-o:
- !5-Ep.95 - 30-Jun-Y
075 16-May-97
0.10 19-Nov-04 - 15-Jun-IU - 28-Dtc-04
0:: 15-Jm--M
- 3?.MXY01
141
JPMorgan Fleming Investment Funds Appendix - L:nundired Addtiorral Disr(o ruiw lcontiwe4
1. Fund Expcnac Ratio# and Capped Expcnsc Ratios (1) (continued)
I 10 0.80 0.55 i no
0.01 0.04 :.ox 0 75
U 47 i 4 c 0.06 1.W 150
2 90 1.W 0.95 2.90 0 0' 1.90
I 05
I00 2.90 0.13 1.25 0.96 0.52
:.63 0.02
:.90
075 :.90
1.30
0.80
2.61 0.06 0.60
0.55
0.43 i.20 0.04
1.W !.M
2110 0.OR 1.65
1.:0
0.4Y 2.65
0:o 1.90 0.08 1.w 1 25
0 76 2 65
0.05 2 50
I.i0 2 90
1.10 0.80 0.53 : 41' 0.M 0 01 :w 0 75 0.4Y I .a 0 05 I YO 100 135 2.90 1.90 0.94 2.90
1.90
1.50 0.99 2.90 0.05 i.25 0.90 0.52
:.65 0.01
:.50
0 75 1.65
:M 0.85
2.65 0 05
0 85
OM
0." 1.20 0 03 1.90 1.50
IW 2 9 0 0 0;
165
0.05
0.12 2 65
0 0'
1.90 0.w 103 1 25
0 72
2 65
U.05 250
2w 123 290
022
1 42
I !U 0 RO 0 5J
1.25
0 09
100
0 ' 5
0 jU : 25 0 05
:.90
160 1.35
2.10
I 90
2 50 0 P l
1.W I31
2.50
0 05 1 2;
0 90
0 5 j
1 50 0.m 1 50 ! :o 0 . Y 1.65
1 50
0 85
2.25 0 0:
0.85 C &
0 29
I n2
0.99
0 02 : 90 1.50
1.03
2.50 0.0.3
:dS 1.25
0.75
2.25
U.07 2.50 2.00 !.25 2.50
0.25
1.11' n.no 0.55
1.25
ow
I M 0 75 050 : 25
: 9c :.60 :.35
,I 05
1.90 105 2.50 Il.0'
I.Y0 1.31 1.00
2.50
0 05 1 2: 0 90 0.5A 1 s o 004
1 50
110 0.59 165
i 30
0.84 2.2; 0 01
1.90 :.so 0 97 2.50 0.05
16: i 25
0 '4 2.2:
OW 2 50
2,W :.a 2 50 0.24
1.10 0.80 0 . 3
2 5 1' 05
: 00 0 7 5 0.56 1 25 0 05 1.90 1.60 1.32
1 90 1.0s
0.04
1.90
1.30 1.5n
0.05 :.25
0 90 O.!?
0 04 :so
O X
165
1.30
C.81
0 05
190
150 1.3:
2.50 0 05
1 65
1.25
0.73
0 07 2.50 2 00 124 2 56
0 20
I 1 0
0.32
0.01
1.00
0 -5
0 50
0 05 2.w 1 0 124
2.M 0.06
2.M 1.M 0.6'
U.03 1.25
0.W 0.00
0 06
0.K i 70 ! in O K
0.05
2.M :.50
:.zz
0.05
1.70
1.X 0.7'
0.06 2.M 2.M 1.25
0.19
0 60
0.10
o:n
0.55
0,:o
1 05
1.05
0 20
:.os
0-20
0.60
c 10
0.80
c.nn
0.15
0.45
0.10
:.o,;
c.20
OM
0 3
0 :5
0.95
0.15
1.10
0.20
1 2 - D d M 02-J.1.01
3G-Yn?-@O 31...un).-lll
.3O-Mxu.OO 09.5cp BI 2'-Mat-97 25-Mar-U7 21.Ssp-PR ' n:.]"" I):
26-Apr-Y'r i3-May-94 I 26-Apr-99 26-Apt-99 18-Yor-03 l i - D r c 0 0 28-Drc.00 '
12-Jd-01 1:-Dcc-00
30-jun-00
30-lun-00
ZU-Mar-02
24-Mar-00 24-Mnr-lJ0 24.Mar.00
3II.j". M
10.!"3.30
18.Apr-I): i zL-Mnr-nn
11-Mar-95 19.Frh-98 16-Mar-99 05-Lkc-9' OS-De&- 26-hf-98 15-..ip*-oz 22-srp-9u
2?-M+3 28-Miy-03 28-MAY-03 05-Apr-01 27-Mxu-03 DI - F b - 0 0
Oa-Fsh-011 Ol-Frb-00
11-IdO! 16-Fsb-UU 29-Apr-M I:.& 05
:D-N""-W 29-Apr-W 29-..ippr-W 27-Dce-w 20-Dcc-04 , 02-Apr-9:
M.Jd.91 03.Jun.99 22-Mu-02 26-.Mny-98 10-Frb-97 10-Fib-9' , 26-Yar-9U
19-May-99 :9-jUn-m
JPMorgm Fleming Investment Funds Appanrlir - L-nuudikd Addtionul Discloswm (mntinne4
I
1. Fund Expenrc Ratios and Capped Expense Ratios (1, (continued)
JPMF U5 Bond I (ncr , . L:\D 1.10 0 90
J E W US Bond C (ncr; - L E D ".3R 0 31 JPMF US bond D [ P C ~ - tiSD 1.35 1.4n
JPMF US Bond X !xc j - U W 0 03 0.02 i 50 150 ! 50 : 50 1M :w 0 51 0 50
2 4 2 LO
004 u 03 0.65 0 65 0 45 0.4s
0 20 0.20 0.95 0 95 0 02 0.01 !.90 1M :20 :.w
2.4 2 ' 0
0.05 0 03 1.90 I h5
JPMF US Bond B ( ~ r ; . I!SD U.60 0 65
IPMT US Di5vpLn.d Equn 0 incsj - UbD JPMF US DirclpLntd Equq X , ,xcj . I!SD
0 -: n 69 JPMT US S c m t E q v l ~ D :YC . IJSD JPMt: US Scrcr Equt, X :arc: - L'SD JPMF I!$ brrul. Lap Core.\ ' P E ~ - USD IPMF us Snali CT Core B :a<, - U5D JPMF us smnli cnp rnr. c sWc; . usu 0.N
2 63 2 63 JPMF US Small Cap Cote D ,.EL; . USD JPMF US Small Cap Core X :arc, - tiSD JPMF U S 0 Givhd Brlinrsd A <am; - USD 1 6 5 145
JF USD Glob= Blianccd h Irr: - USD 1.X : 70 JPMF USD Glob& Balhlcrd B [YC; I USD 110 I I O JPMF US0 Glob.! B u m d C :act; - CSD 0.85 0 85 JPMF USD Global B i n n ~ c d D [see) - tiSD 2.!5 2.15
JPMF USD Glabd B z l n ~ c t X : x c , . USD 0 05 0.05
JPMF USD Global BevlrrC X +t> - USD u 03 0 05 JPMF D5D Global Bond .\ :xc; . USD :w 1.00 Jfi L5D Global Bond A 'EL., . tiSD i.m i 20
n r j U . 3 0 S9 0 a9
JPMI' USD G l o b i B u d D +CJ DSD I 4 :4 JPMF USD blobd BonC X IICC, - LISD 0.04 0 U3
f 01 thc yew ended
31 Dcmmbsr m
0 90 0.65
0 32 1.25 0.02 1.M I50 I .w 0 so 2 w 0 05 0 . 3 0 5G 0.32
0.01
1 .M IZO U.bU 2 w 0.02
I.65 1.30
2 5 0 C,oL 1.41 1 ?(I
1 IO 0.38 2.M 0.04
0.04 1 .o(I
1.20 0.75
0.49 1 25 0 03
n.nn
0 90 0 90 0.65 0 6S 0.32 0.33 :.z5 1.25 OM 0.02 1.50 1.50 1.50 1.M 1.00
0.50 0.50 2.M 2.00 0 05 0 05 0.75 0 75 0.50 0.50 0.32 0.31
0.01 001
1.60 1.60 1.20 1.20 0.67 0 70 ZCG 0.02 0 P2 : 65 i 65
i.30 1.30 0.79 0.80 2.50 2.50
0.09 0.10
1.45 : 45
I i n .. . 4
2.w 0.W 0.W 0.05 0.0' 1 .w 1.00
0.75 (I.75
0 49 0.50 1.25 T.25 0.03 0 09
0.90 0.05 0.35
0.02 1.50
1.00
0.50
(I 0,;
0 '5 0 50
0.31
0.02 1.60 1.20 0.10
0 02 : '(I : 30 0 SO
0.10
145
: i0
0.04 n 04
100
n.+s 0.3
0 (U
- :5-Hay-97 - :5-Msy-Y:
0.60 12-Feb-98 - 13-Nor-Ol
0.10 06-Apr-98 - Z:-Jun-9Y
- 29-Jun-99 060 IO-Xov-99
- 27-De<-0:
(Y).D~~.CZ
0.15 is-jun-99 - 30-Jun.99 - 01-Jd-99
020 22-Jun-99 - 04-Mar-04
0.05 02-hug-99 - 17-.Mnr-97 . 29-Osr-9:
0.85 03-FA98 - 01-Fcb02
0 i j Ob-hpr-9R . 09 npr-9' - 08-Stp-97
1.00 05-DtL-97 . 23-Mnu-0:
0 l i 06-hpr.98 - 01-Ji-9' - W-Apt-03 - 01-Jd-9'
- O:-Fcb-02 O.:O 19-Drc-9: 0:O 01-kp-96
- O(r-?4.lov-97 - 04-hpr-01 - WOcr-97
OS.; 26.Yny-98 - :3-Nov4l
0.lC 03-kp-98
0.90 u . j d - 0 3
143
JPMorgan Rcming Investment Funds
Appmdir - L'nmaited Addihonul D:sclosum lmnbnued,
I
JPMotgnn Fleming Investment Funds Appandiv - l inudrtd Addtional Di$ci6$1ms (mnhucd)
145
JPMorgan Fleming Inveutment Funds Appewdix - I kaudired Add!maa( Dischnre~ htinuud
3. Performance and Volatility
Pcrfo-nncc
k u m r for pciiodr grcarr dian onc ?car arc mnulscd. Fund pufornunce includes mnwrment uf Lncomc and 1s mt of d expcnscs.
Vnleriliry
The rmdnrd d m a n o n ,mj of thr pncc is rku la tcd on P daily baris throughout cnch Fund's finincid year.
The detuls hdow relave in rhr penod irum 1 July 2004 tu 30 June 2005
lin i< cqud 10 nr Icrs rhnn 0.1 rhcn rolitlty was Luu- If D IS g ~ a u r d m 0 1 bor Lrr rhan 01 equal m I .O rhcn volnuhv was Mcdwm I i D II prrntcr than 1.0 but less than or cqud IO 2.4 rhcn voladLty was Hgh If D Is Beater than 2 4 rhen vuhnhn was V v Mgh
'17%
e.3ZaVc
U 3 %
1.98k
4.6&
: . 7 m
4 9241
5.06%
5 . : 2 4
4 79%
2 67%
2 '4%
2 8W,>
2.58%
2.92%
0 . 3 W O.'l%
0.52%
3.35%
3.41%
3.48%
3 24%
3.60%
2 7Z'h
2.7%
285%
2.623/0
299%
6.96%
6.69%
6.96%
6.52%
'-16%
7.2w,1
' 65%
,..I41
?26%
?,I%
6 89%
r,5R%
1 3 o k
135%
-.
1.403..
1 zuo,u 1 49?'.
2S RR% 10.55% 31.37%
?2.A7%
29.lWo
13.56% 5.57%
9 22%
9 88%
10.23%
8 72%
3.76%
4 . 0 2 ~ ~
4.31%
3.3990
4.819'~
1.51%
2.14?4
5,231'.
551%
5.79%
4 84%
6.3%
5.05%
5.37vlb
4.6PVo
6.22V
26.08)b
24.82%
28.31%
:1.02vo
19 36%
15 40%
is.a8-.
1660%
1L 33%
17.54%
2.22%
2.48%
2 WSr
1.799(
3.07%
18.9291
18.80%
21.01".
22.24%
: 84%
-0 40,'.
O . X %
0.45?.
5.47%
5.7R%
6.10%
5.12Yo
6.68%
2.2i%
6.?%
nu?> 7 41%
8 El".
-3.18%
-1.674i
-5.11%
-4.w'.
-4.38%
-5.68%
-3.79%
JPMotgan Pleming Investment Funds Appmrlilc - Ilnerrditd Addtional Dischsnrcs lmnhncn)
-0 4 4 b
.n iwe -0.41'r
-0.93%
0 A6%
6.50%
6.71%
bYIYe
6 26%
3.16%
3,36?4
3.52%
2.95%
3.66%
0.901.0
0.65%
164%
2,45?4
2.60%
2.729.
2.1rPh 2.99%
:.3!%
3 54%
366%
3 '8%
3 32% 4 02ta
:3.22"/" 13 40%
13 6 W b
12 67%
-3.85"/.
3.38%
-433%
-2.9W
:.*(I*
:.a470
3 90%
2 31%
0.96%
1 13%
?32%
0 -6%
:.59Vo
12 96'%
13 46?'~
0 19)i
O.A19*
0.66%
-0.25%
:.03!'0
Y.31:'.
9 ALVO
9.R2".
8 49%
10.80%
8 4 14.'
B . T T c
P.Irf!b
8.0851
4.61%
4.91%
5.!b%
4 2%
-9 . l fA
261%
2.28%
3.7R4h
3.43t.
3 66%
3.85b
3.2:"r
*.25%
i . l8%
j.b2<7,
5.91%
6.22%
5.30°%
6 36310
:o 22%
i6.6951
10 :iy!v
9.21%
10 00% 8 40%
:07:h
104%
8.02%
6.25%
8 49%
4.:8%
1 4 5 %
1 :s% 3.r.a""
5 IS./.
1LOlPl
11.31%
10.:1%
10.47%
lOR5~/ '
9 36%
:l.C7%
6 99%
-'.23%
f,649.0
s 94?1
8 9't.O
6.62% ?OB?'.
7 -,"I ,.,",O
6 . 1 Y
4 76%
5:7%
5.5'J4'1
<.325b
6 2Ph
6.54%
6 A041
591%
..1S%
7 44%
7,'CVO
8 0951
701%
8.C5%
11.8%
12.22%
12.56%
;0.78%
8 93'%
9.9&
7.85".
10.55%
4.01%
5.22%
3 OF/* 5 93%
9 15%
io 130%
in.rao;a
9 3Zt'O
11.11%
11.12%
I C..b5%
9 .8M
:0.259//1
10 :6%
8.18%
11.61"r
152!%
:5.6lh
;5.Y6%
Id ???
17 65%
9.93%
10.45%
1: 01%
9.52%
4.89%
5.33%
5.68%
4.48%
3 78%
4.1We
4 38%
3.52Vo
4.939'.
3.W/O
3 . a : ~ ~
4 20%
3 23%
4.63%
2! 92%
22,36%
22,'7%
18.52%
19.84°%
1' 37%
2:.1W/I
6.L%
7.66414
5.530%
8 59%
8 88%
9.28%
9 f4%
8.27%
10,3590
14 44O%
X 6 5 %
:6.29%
16 81%
17.43%
15.2490
i n . w 0
7 W h
8 01"a
6 35%
b.?Pb
9
: 02%
!.48%
1.96%
0.'0% 3 05%
9 r 8 b
3.04%
4.86%
-3.05%
6 I:?b
6 24%
6 78)b
5.81VO
7 39%
< 56%
4 85%
s,iao/7
4.21%
5.6b"L
6.950%
7,320%
' 68%
6 2!%
10 3 4 1
:: 55%
9.35%
22.19%
5.36%
6.53%
L.5rPl1
7 57Ya
;2.32./.
i2 79%
13 31?'0
11.88%
14.P%
1.84%
2 24%
R.69?lu
9 16Ya
9 74%
7.78%
IG BWo
0 06%
n41e.r
0 63%
-0.655
:.98%
-4.09%
-3 71%
-3.3%
118%
: 59%
:.940%
2-95?'.
.2.?2"2
b L4k
6 62%
:.Is?# 6.20%
7 8 o Y $
4 87?"
5 17%
5.jVv
6.029%
-1.09%
-0 799D
-0.51%
6 Wb 712%
20.715b
0.45%
1 4L%
2 53%
8 52%
9 03% 9.54%
8.11W
1O.i3%
-6.: 1%
-5 711'.
I.W4)1
2.M%
2.53%
3.43%
-5.0391
-4.76%
-4 61%
-3 59".
-4.36%
.LO:%
3.634.0
? 35% :.?a% 2.19%
-1.21%
7.4%
8, i%
5 55% 5 87%
6 22%
0.80%
-4.16%
-3.90%
.3.66%
-0.92%
-0.06Jh
0.95%
6 13%
6.629'0
712%
?'2%
-b.LR'%
-6.01?'~
-3.23%
-2 91%
-2 53".
-1.81%
JPMorgan Fleming Investment Funds Appmdx . Ennudited AaXtionnI Didmum (mnhnuta)
3. Perfetmancc and Volatility (continued)
1.IWA ! . I ? %
:.Zit'.
:.OZlb
: 3F' 0 5:%
0 59%
0.2w, n 959,
I 9 w r
: 87%
2 05%
1.65%
2.19%
-0.27%
0.1 8% -0.2390
-0.06%
0 019'L
-0 43%
0 .21c
in.9~4.
11.31%
10.837'.
2.7M
2 78"b
2 8d%
2 62%
2.9091.
2.12%
2.13%
2 26C 2 37%
1.8%
2.48?'.
0.65%
O.~W/.
0 . 7 7 ~ ~
0.58%
0 82%
i.5m
1.68Yo
18Wb
1.38%
196%
8.3W/.
8.0991.
2-01";,
201%
2 :6?'0
2.22"h
1.89?'~
2.41%
1.65%
1 4Z0%
1.55Plb
1.63%
:.24!'.
:.83%
-6-w;a
-6.52%
.:I?(
-5 87%
1.65!'<
2 23%
1.4:'/0
2 . 4 G
311%
L.02"/0
2.215'
2.48%
2.69410
i 63%
3.07%
: 2.2&
12.96%
12.037'~
2.6-4
2.81%
2 95%
2 46?4
3 . l 5 h
-0.990,~
-0.89%
-0 6d"h
-0.4O.r
- A I %
-0 :'4h 1.21:'. 133".
I,dfu/.
1.0~6,~
i 56%
-2.02% , -.., I C
,:.54%
-2.36%
-:.22.
3 92%
3 46%
2.069'.
198%
2.28%
2.40%
:.?%
2 8:%
I.3YVo
2 3% 2 63%
2 79% 1.9a9'.
3.20%
.: '1%
-:.33:'0
-27:K
008%
A.6991
3 81%
0 08%
-1 ,570
-1.11%
-0.65?'9
-2.60./0
0 05%
5 Y IWh
01.09%
58.49%
72l?'o
7.499.
-MY0
6.7290
8:8%
6 89% 6 8 2 %
i 4 W 1
7.9'4..
5.YAVo
8.46%
:.91%
2 13%
2.40.h
1 OS?'.
2 58%
A.949'.
5.41%
5.9ag..
4.16%
6 63%
20.81%
19.68%
8 36%
8.36%
9 0 1 8
9.28%
7.88%
lO.lS%
7 3v/,
1.12l'u
:.58%
: -5".
2.17%
10.22%
:I? 'I?%
9.21%
!2.50!'0
16.29%
16.85%
l T S P / u
15 (5%
:a 45t'O
56 28%
59.rQ"e
55.78%
3.44%
1 rm 1 06%
2 99%
4.41%
:z.w"/* :: 85:'.
:2 w/o
11 65%
11.4@%
1L 24%
103%
I.2fq.O
1.50%
1 ' 5 %
1O.W.I'
lO.W/G
1 I zz%
9 35%
12 04% 21.55%
20.27%
9.66%
Y 86%
:6.58$?
Y 18'/o
1: 86%
a 7%
n.orP,1
8 4941
7.04%
10.35%
5 73Yo
6.23%
6.82%
5 N% 7 6%
43.98%
46.96%
42.87%
6 05%
6.30%
6 75)i
5 5951
7 13%
'-29%
?89%
8.53.,,
6.49%
9,:2%
1.113%
1 28%
; 50%
1.78%
4.99%
5.48%
6 08% 5 3 1 c
6.87%
9 02%
7 92%
8.Mg.O
6.870%
9.50?/.
6 . 0 T
-5.341'.
~ 2 9 ~
-3 83%
-:,89%
1.51%
- 1.03?'0
-0.37K
i i 35%
19.54%
16 ?2W
6.45%
0 1%
-.l9VO
7 - J .>9 / r
-1.13"h
-0 aTvi .0,S%
0 09%
: 56%
1.82%
2.04"c
2.33%
- 1 77:h
-3 18%
-3.92%
4.52%
5.83%
2,66Yo
-12.78%
-12.62%.
- i2 07%
- 5 19va
-4.89..'>
-4.501'0
-3.96%
6 - 5 %
IO 01%
7 58%
7.91%
a.38:.
8.83%
-3,96%
-3 56%
-3.14%
- 2 . T / 0
2.80%
m v h 3.3:".
3.63%
-3 Rf%
-8.04%
2.75%
4.01%
O.%"/.
JPMorgm Fleming Investment Fund6
Appmdw - L'nawdited Addtiondl Dischum (mntinncd)
4. Inureat Rate Receivcd/(Chargcd) on Bank AFcounte
Bm.fir&nk Imhrarl hu Thlhcmtesarc barEdonrhc]P~hlorganChrrcTrcaru~.iurmdconscqucnrlymaych~ngeon adailybssis.The bnnkinarcsrnmountispu,admea~hofth~Fund'a bankaccountson P monthly bnsir un the First bunnrsr day of thr rubrcqucnr month bnrcd on rhc bvlk halances from The pnor month.
5. Sub-Fund Share Classes Subject to Tauc d'Abonncrncet Rate of 0.01% The following suh-fund shnrc chsses are subject to an asset bnscd mx of 0.01% pcr annum:
Sh" Chn Nom#
J F Asla D w c m & d X :KC) - USD JPMF Blue &r Grccn A (KC; - EUR JPMF EI!R Clohil Rood X %cc) . EUR
JPMF Gum Fnndo De Dinero A ~acc: - EUR J P W Europe Bond X !xc; - EL'R JPMF Eumpc Corporait Bond X :xc) - EUR JPMF Europe Recoven X (acc: - EUR
JPMF Eumpc Sclecr Equn X (acc) - EUR J P Y F Europe Select La.rgc Cap X (ncc! - EUR
JPYF Evropc Short Durauon X (acrj - EUR
JPhP' Clobal SO Equnty X :accJ - USD JPMP Glnbnl Capital Ptrservatlon X (KC) - EUR JPMF tilobal Corivtmble Bund (USD, 6 :acq - USD JPMF Global Enhanced Bond X (am) - EUR JPMF Global Enhanced Bond X (dirt) - EUR JPMF Glob*l En-US Bond X !am: - USD JPMF Globll Financllls X (KC; - USD JP.W tilobal Healthtech X (KC) - USD J P h F Glubal f i g h Y d d Bond X (KC) - EUR JPMF Glubal Sclrct Eqmn- X (KC: - USD IPMF Global Short Durnnon X {KC: - USD JPMF Global Teletrch X (KC) - USD JPMF Global To& &rurn PUR) X ;am) - EUR JPMF Japan 30 Eqmfi-6 :uc) - JPY
JPMF Japan ScLcr Eqmv X ( z c ; - JW JP.W US Bond X (uc) - USD JP.W US D i s o p h c d Eqmty X ( x c ) - USD JPMF US D o h Enbnnccd Yicld A (acc) - USD JPMF US D o h Enhanced Yield B (a=; - L:SD !PMF US D o h Enhanced Yield C (nec) - VSD JPMF U S D o h Enhanccd Yicld D :xc) . USD JPMF US Dollar Enhanced Yicld X (KC) - USD JPMF IJS Select Eqruty X (KC) - USD JPMF I'bD tilobal B k n c c d X (acc) - USD JPWF I:SD Global Balanced X (dist) - USD JPMF USD t ihba l Bund X (KC) - USD
14Y
JPMorgan Fleming Investment Funds Appmdzx - ll#anditcd Addtima/ Disrl0Swrt.s /roniinns4
Sham Ouumndlng .t the Suhmc.iptimm Rsdsmprions Sham Oursrandin. PI Ihc E d O f tkr Year kginningdtk Year
6. Historical Srniemenr of Changes in rhe Number of Shams -for thc ycar ended 31 December 2004
1.1!0,510.454
36.157 6:'
323.5:95:1
3?.669 Li2
384,174.4i2
6*9.G3: 149
85.148 176
61,144.240
39.--3.260
2*7,6'4.61)9
5.U9.615
JPYorgnn Fkming Irnrsrmsnt Funds - EL'R Gbbd Bslsnccd Fund
JPMF EL'R Glob%. Bahccd h - EL'R JPMF EUU Glob% Brhnncsd B - E N IPMF EUR Gohn' Rn.ulccd C . EUR
JPMF EUR Giobi B ~ v l r c C D - €OR
1PW EllH Gnhxl Rn:anrcd X . FUR
lA,762.'17
18,133.606
1.586652
2,659.327
iz:.a5-228
JP-Morgnn F l e n h g Inrritmeni Fund. - EUR Ghbd Bund Fund
jrw E m ~ i ~ b n l ~ ~ ~ l : 4 . EM !YMt LEK Gloosil Bonc U - BUR
JPMF E M Globs! Uond 1. - ELR JPMF ECR Glob= Bond D - EUR JPMf, h L R Globe Bond X - LUR
JPMmgnn Fleming Inventmenl Pundi - Eum Fond0 DE Dincru
1P.W Eum Fondn De Dmcro .\ EUR
JPhlF E m Fundu Dc Dmva C . EUR
J P W bur0 Fond0 De Umcro X - BUR
JPSlotpn Flemlng In*eament Fund,. Bump Bond F m d
JPMF Evrupr Bond .A . EI!R
]PMF Evropc Bond B . EUR
!PMF turopc Uono C - EL'K JPMF Europe Bond n . W R
JPhll; Europe Bond X - EL'R
4,7Y2,Wo'U6
7<.955.3:8
i26:.171.17~
364,677 933
88 .89355
3.5J1.5~7.!12
366.209 707
496.575 503
m , 9 ~ 5 . w
271.639.M5
:3Y.545 3 4
",254.bRO
:,@Y..3K
11:.763.:*2
5,160,254 bM8
130.41; 226
3.9n:.562.2~;
513,319.322
7:6.:22.0li
68Y.4i99i6
608.50 641
2.5:-.03:64
22:+51 584
:.020.108.198
?18,19OW:
732,229.497
J,+lh.l51 22:
5Rd.720 52:
:,157,1 5L.63:
694,184 9%
:.39a.322.52~
199.820 Oh5
100.928.325
48.234.155
,,, I V Y 3 5
152.983.7":
-.
61.703069
32.W7.'74
61,765.5'9
409 560
208,522.439
9.140.456
1."9 82:
12O0.9Ms:6
9.538 42;
564.39:
267.063.301
150
JPMorgsn Fleming Investment Funds Appendiy . Unawdrted Addtiand Dirrlorwrs (mntinnbd/
Sham. Outntsndln# *I the Subicdprloru bdempdons Sham 0”mr.ndlng at the End of tk Ycsr &ginning of the Ycnr
6. Historical Statement of Changer in the Numbcr of Sharce -for ihc year rndcd 31 Dcccmbcr 2004 (continued)
JPHutgmn Flcrning Is*srtrnsnr Funds - Globd Ex-US Bond Fund
JPMF Glob4 h E S Bond A - USD
lPMF Globi ExXS B o d R - 1 I W JPMF Wobr €%-US Bo.; C - DSD JPMF Globs. Ex-US Bono D - USD
J P W Globs. Ex-US Bond X - USD
1.432.18S ilL:
52.L46.6RI
558.T8.609
231.‘90.296
625,457.92’
883.683 552
14.976.iPL
101.182565
1.91A.661
“67,<05 689
90,390 89:
351.339
55.444 32’
145.V34.410
19.908.981
; .502.221.1! 1
589302.4’2
236.23 I ,958
57,214.2CO
1.139.808 815
3K.927.485
:5.902.338
26.40i L::
14s.8w.02:
1.7W.9:6
8:.w-,nz4
25.246
9.909.34’
59*04%3X
299.w6.356
ibO0.9M bL?
3,296 962
87.9’9.328
:.P4a30S.PM
7 , :4 ,n59
201.48i615
334.97’ 8: I
:59.%4.6Rj
3w.m ooo
421,921 .:2A
1,493 !If 126.994 58:
’81.4’4.12:
3w.713 I88
103.us.zn5
22,.38?.25C
479.245.800
488.M3.526
’1142.553
5.381 354
2 29.743
102.910.0(13
59.ia9457
i0.92764
510.496
S.2Xl45
3.696 120
31.256 468
L1.”6.789
419.01f8iR
5’1,665.30:
10.903.718
81.86’.02(1
615,261.3T
:.Zi4.U6Y,ZW
454,9M 837
610.435 322
83.381.999
850.052.569
3:3.966.912
10.3M.22a
j ,bX 828
:6,224.581
:01220 541
329,062 94-
ai.352.6IM
10,805158
2.203.:0:
101.089.288
j3.’46.T3
7L,899.416
55.::6*95
293,350 236
127.6”. I M 3.296 962
G.2.200.540
1.523.053.24
38.656.: l i
15:,S15.-Y:
351.388ai7
299,499 202 JOO.OM.000
151
JPMogan Fleming Invcstmcnt Funds 4 p e n a h . Lhdrteed Addhond D r A rums /coontinr/cdj
Rcdsmptions Shsrca Ouiiisndlng at the End d t h s Yssr
6. Hisrorical Statement of Changcr in the Number of Shares - for thc year ended 31 December 2004 (continued)
2,:49.513
a.;': 3"
1.65492 666
;.503,n1: :3,196..62
2J2 .693
2.:86.Y65 830
1,051.9'R 315 86,271 258
436,038 65:
3,449,195.8'1)
48e.06j 190
29,667439
3 8 . ~ 6 9 0 ?
:9,5Z~,lb: 13C,191 0i3
3Y.7W.36d
6,252.911
7.7u.533
!52.601
l.3b4,Z71,'14
4:,424 35: 1":27.0P9
8.'9'.812
'07.*19.W4
3.227.545
33,830.162
5,389.3:?
-.:W.126 6U 240,889 -58
:.523.055.293
169.Yla.5-3
173,275 149
:,m 012
-36.31 5.8-C
4,015.542
j.ZM.088
998.:72.020
1.100.680.225 243.;10.923
~OU,W.M~
27.357 657
4.2b2.112.9M
608.072 OS7
82.788 353
iO.4d3.677
!26.8:9.511
ao .n411.~~1
6.655.77
25 614
1.:21.521.79'
4 3 9 . 9 3 6
*.207.256
695,700.990
3.293.166
26.152.999
!0,119.38,
: I M i , - 2 3
3.919.546 390
306,831 302
1,033.634.434
136.W7.495
136,929 772
:,1:9 122
8,i64.394
1,~53.076.706
40.003
456.!92
lrS.812
:.325.976 016
1.226.699.599
97.592.4
u9.493 282
:9,402.971
3.845.L72.318
258.572.986
'.475.216
:21,145.31h
13.793.174
ZPY:!lZ 445
53.33 223
'102 626
231.582
50:.Y3G.G3b
20.?90 6M
86 295
42.4:L 505
8M.99i
63a.23: 1 3 ~
5,463 ROS
X.785.812
A.351.969
1,859,fbI $14
838.1& 291
22.212.223
Y O r W 16.17- 661
134,i 91.0<3
152
JPMorgan Fleming Investment Funds Appendrr - Cnaudted Adaihonnl D:scIosms lmnhnned)
I
Sub m cd p d o m
6. Hietorical Statement of Changes in the Number of Shares - for the year ended 31 December 2004 (continued)
jPMor#~n Fkrnlni Invcnmmi Funds - Global Toid Raturn Fund (BUR) (5)
]PMF Glabi Tad Rtrum ,TEX, I - EUR
JPMF Globe Tod Rcmm mUR; C - EUR
JPMF Glohd Torn1 Rerum !Em,> D - EL'K
JPMF Globn: 704 Rerun EUR, X - EOR
337.285.895 2031 362 :35,25L.533
64.M; 054 M.021.05~ 16,wO.oOO 1 b.(IM.OM
l6.wo.wO i8.nw.om
6,450.91 R
105 030
52.095.wO
105.030 51.991.000 io4 wn
2.673.968 964
161.998 XI6
W.561.453
335,530.01 9
4?.063.8,6
Y1.191.823
29,;21.8&
3.790.763
'3,678 719
:.70o.m0
a35 a02
20.58'.965
JPMorgrn Fkming Inrrstrnmi Fundr - lhsrp 25 Fund (81
J F W Sharp 25 h - EUR
JPMF S h q 25 X . FUR 13,P58 583
29,746,763
JPMorgsn Fkminp Inwalmrnt Fund, - S h q 50 Fund p) J P W Ehnrp jU A - t U K 195,687.442
JM 5 h q 50 B - ELT 2,996.i3b
JP.W 5hnrp 50 D - EOR 1,580.555
J P M F I h q 5 G X - E U R 225.917414
J P M o r ~ s n Flrminp Inrriimmt Pund.. US Bund Pund JPMT 1;s Bnnd A . ljED JPMl US Bond B - USD
IPMF 1!S Bond C - EbU
1.402!)3X28
181,:RO.SM
688.705.9:2
JPMF US Bond D USD v.029 104
J P M F U S B d X - U S D 2.521669.436
56.1-6.622
117.6i8.555 313,305.99'
29Y6 3 6
~ 5 8 0 555
225,917 414
W3.226.705
!93.582 7'5
286.274 0-2
49.863 667
1,584.32.836
1.231'1:l 634
220.7JOO'C
616.?65.'61
3 0 . T 612
1,0-3,92-.8in
::1'0.352.299
154,063,209
358,214.283
116.1 14.1 59
3.n34~24.402
4.69: 5L7
989,802 868
30.687 dB7
zoL).a24 036
83.092 281
73,760 455
4,656 600
288.41 1 274
153
JPMorgan Fleming Investment Funds Appendix . L'nuuditud Addtinno/ Di,fc/osur&f [mnn'nwrdl
S h a m Outntnnding at the S"b.dpton, Rdmptions Sham Ouraimding PI di End of the ICLI Isginning Dfths Ysar
6. Historical Statement of Chnngta in thc Number of Shnrcs -for thc !cat eedcd 31 Dcccmbcr 2004 (continued)
JPMorgm Fkrning Invssirnsni Funda - US Dohr Enhanced Yield Fund
JPM0rg.n Pkminp Inwmrncni Funds - USD Globd Bond Fund
IPMF USD Glubil Bold A - USD
J t USD Globd Sone .+ - U5D
JPMF USD Global Bond B - USD IPhG UPD C-mnll Bond C U?.D
J P A P U5D G h b d B a d D - U5D
JYMI. LID G.ooi Bond X - GSD
:,5W.040 351
i63.028 LCI
3,065,1a8.198
ZR18.3f4 :6?
l,~!J1,084,5~5
870.240'<1
485,145,566
2.9a5.w
986.05851
45fi5.323
1'2.269
:,994.7m
1,896,602 6 9 ~
5,238 669
826.::siSs
Y59.97UUW
2.701 999
:32i,7:5 696
394,<23.029
2.54a.92-.552
. . ~ l i . U 3 2
:10,984.929
679.r1647:P
30.526 76P
1.151.az6.635
..
3 X I . 8 9 L 531
1939R7.67Y
2.291,45; 545
-9,077649
9.303.66: ,214
18!.324.:93
24.59'.333
15.Wb.492
5,636 576
295.124 253
22.261 86j
1,438.404
693.258.42G
12.214 8''
3.172 367
~6:.926.0772
9.601 576
~36.xl8. lP6
l.XL.353.188
1,494,586
146,233.R3
3 8 ~ s i a . 3 i 2
19.4w-68
1.351.'29 4'5
1.538.623.695
3,923.78Y
3,M2,+95 Oh6
L,OS3.915
5.282.16i.W2
:.m.a66.249
3U9.417.086
1L5.032 492
1.122.nn1
433.090 353
27448 083
751.079
42b.098.16R
3.340.906
13255.ax)
Y ~ Y . ~ ~ O . U O O 959481
W9.2'9.Wl
5.153.255
1.2'1.320.:8:
202.09u.2'11
2.3i3.848 675
f5,CZI 674
6.839.887.795
479.542.494
5RS,Gi%98R
355.581.566
+..49R bU
BIR,ORP -61
$0.593 IC:
1-2.203
2,692 O X
2.:63.~62V50
:'.,I12 h6il
6:6.032:51
'01.926 V-2 11,40-.39L
1.'08.V3 0 4
1 R9,2h9 --A
Z.l'G.938 0'1
86,121
i 52.9~0 965
634.529 869
34,943,986
1.Y3G.305 UU:
1lF L m r che.pU; imm US Srlcrr i m d Cxp Fund on 1 Dsrmher 2004
7. Historical Sratemenr of Change8 in the Number of Sharcs - for the year ended 31 December 2003
u2.464.65
115,528.33
13.83646
32.16a.35
32J.711(1.+6
3,449 62
122,407 :R
193.9244:
U.451 '3
1.530 14
2.462.628.r5
1.7:3,8:1 05
42,035.6'
L38.856.89
:,014,2RR.19
14,453.69
2L9.?6:23
3.0K.94204
27'1,455 98
653.293.-6
4:9,2:L.'Jti
856.982.95
7.73.00
'9,900.110
27.692 97
9.298.42
40.326.4
:.629.25Y 06
:,643,472.31
262.1:0.33
3.5.286'5
90,047 99
1297.Pi6 82
-9O.WO.bR
16.360.22
22.040.18
2.623.56
507'.970.66
?:9,04n.?2
~~ .72 ; .a4
23.288.05
:M969.35
2:.402.46
:89.461 98
26.696 03
3.8W.23
955.42
3.500,5:6.95
2:6,9:R.f9
79,088.54
330299.55
285 ,7 t02
101,090.40
s.:oo.Mo w
2,809,137 -7 314.6W 49
:.Y02.3Z:.4i
138,:18.L 2.131,19n.13
376.393.36
51,106.E
-3,36495
!W.W
212,908.81
l'J.911.06
1,236.699.33
06,541.08
50.4XC.W
:.231.73
iza,687 42
29.859.82
3S,899.90
231.7Gi.4
240,347.15
17391.09
'2.932.2:
90.34n.n~
768.326.:~
450.677 98
216.597 08
493,482.03
l58.&3 73
303.142.88
501,973 3; 9.142.55
1,620.25
a78.880.28
6.346.24
MRh.9ih.66
11, lX30
124,767 90
27.090,81
12'.303 5:
47,465.2-
1::.55903
0.038.:9
2 0'
2,723.7<8 31
:,:01,0*5 29
219.W4.30
S91P6.58
143,974.89
1;?.165.W
2.505.6320L
333,237.68
1.094,4:4.43
214.578.54
966.187.M
218.123 27
10.268.0i
10500.00
55,'37.8:
25,690.06
49,900.06
129,647.63
1,360.35
1474
53.236Z7
40,311 1:
9.298 42
G2.578.55
33L.595.55
i .I 38pU4.G
2C*3,380.95
300.523.03
1 i 5393.99
649.928.27
273,105.85
50205.53
:6.253.38
1~0.10a.92
113,653 33
R11.381 OR
II.ouo00
1,:'2 03
%6.i33'4
2'8,969 1'
631.273 63
12:.1no.oa
26,LBO.W
385.859.24
3.449.62
:01,637 PL
82,365 38
39.219 -7
2.483 4
50.037.91
339.39'.W
R29.iI4.S5
342,119.91
473,6379
404.186.53
102.569.20
8.IW.wO 00
!36.411.23
3.245.64- 7:
252,862 79
:.41.:a 80
3L3.355 00
2 . m i m ~2
15a.2no9
34.838.24
62,964.95
100.00
IY,FI .no
l.i0'.051 '0 85.180.'3
50,wO W 1.216 99
%45: 15
1'.178 62
3 2 , U Y d
1.526.3X 9:
745.375.03
76,321 27
a7.695 13
I ~ M , ~ X 53
495,220.2'
64.:89.02
1U.391.55
471.228.65
40.I%.R1
X9.489.55
480.68.95
25.502.77
11.040 is 3.0'1 98
240,723.20
596.4I7i9
155
1. Histnrical Stetcment of Changcs in the Numbcr of S h m r -for the year cnded 31 December 2003 (continued)
:2..:36-J
1:,0@!.57
228 21
112.23Y.84
122.c-3.60
:0r,~33.:3
2.:73 76
9,-4R f?
H K Y 3 3V
:,1d(1,522 63 9.436 3P
SX!.:6U 48
218."1.:2
I.LO5.2W.12
1.0%.123.06
63.568.50
49.9(18.4(1
:1,895.73
-':z.9'ow 591,:a: '0
;2-,:99 60
2.21'.63
365.282.66
15.361.63
2f,LPI v
371.'14--5
20.3W.6d
i26.1401ik
2,892 42
6.li':8 41
:.:bi,290.71
-4,125 96
:,2?,:6'.3P
!8.91619
54.326.65
(139.2rZ 73
5,702 81
13.196 46
35.03
l.fYJ.112 92
YW.641 9:
36.22A 59
m o o 9+,9D6,0I
2u,218:2
768,a::.49
2.026,4M 43
250.596 26
156
l:2.6jl.l2
9 5 6 . 1
13.233 6s
10.35
380 3:
5-3 9:
1,582,333 98
15'.643 40
7a.193.52
17j,?.W.l2
i q o a . 6 4
1,556.625.18
11.016.70
66.22i.bi
:99 30
468.625.47
1W.9r7 6a
2.M3.26
2!.!96,P
206.52
1.X4.26462
:.841.56
5,66'.2C
12.85:.26
888,575.61
3.293-1' 19,419.97
19,~16.98
4,092.65
6,163,588.!5
587.2:5.Y5
561.81563
2:2.035 02
2:1.426.U1
6,"31.934.83
1 . 2 5 01
9: 3.882.06
I .5:0,024.89
161.T9.63
L52,A:4.M
6,n99,832.27
:,89rw
30.646.5s
6uC.'i3 25
31,446.86
4.01;.89
4,291.635.20
88.531.77
21.808 16
112.631 12
L8.WZ 57
57.524.;-
38,942.9:
3700
1,748 7:
I .M2:4
i,310,671 Sb
114,633 09
73A.375 40
I R Z , : R ~ . ~ ~
8ao.i2a.!s
2.356.36- 1:
61.60902
:4.95: 43
10,313 38
414.1ao.78
3 0 5 , ~ : 44
42262 52
:ni 9.3
:.121,-36L2
2 . r - -9 - ,320.02
7'0.631 Y4
122.5.18.3~1
3.405 66
3.225.66 1.S.2.158.83
m j 6 n 9-
50R,606~l
:07,6:496
;24.6Vf.W
5,716,384 90
199 w
S23.029 I! 518,M657
8:.ua3:
16,375 40
2,650,636 4
:.071,Zb9 9-
8,415 15
so m 109.02l.Q llO.Ml.68
?66,435.L7
3,31423643
43.678.24
92,928.29
1 : Snl i:
1.1nr 9
i9,L7C1 '12
646" Lj
65.50('.?
J1.3 'i
z.:4 i 3
1 . 1 7 10
:,J5Z,lU5 I 5
52.w6 69
55d.78 (4
23I.?VII.YI
625.45- 53
~ a 9 , 6 ~ 3 IS
:L,976 18
io1 ,: hZ.J!r
1,914.65
76-.5(,5.69
x-.nii.6c 6" IM.34 I 6.X3 8-
11'' 59
T5.808.86
iJ.945 40
28.898 92
:2.65:.26
49 .8YI 42
23.6R3.d.T
23,011 :S
:9,303 7r
b.O:ll,bM 03
6,885.40
!53.095.2il
955422 05 123.336 25
!4I,ti55 62 I i
I 1.6%,992 66
5.503 81
13.:064 I 1 .2929 '
7.!86.965 89 1 ,OS!,9?8.V '
86.2Y26
430,0384
3.M9,195.8"
488,085 19
3 a . w . ~
29.687.4
19.52f.lb '
:94,19:.M
6.13.9: '
3,003,859 20
295.M9.3
JPMorgnn Fleming Investment Funds Appendix . Cnunditcd Ad&iond Didorum (mntinned,
7. Historical Statement of Changes in the Number of Shares - for the year ended 31 December 2003 (continued)
50.16t.R7
18.692.3[,
1,173,596,39
(7,237 ’8
30.913 85
8.95
41,Rl: 76
:1-’.286 0:
89.3W.W 5ia,4:1 6a
260.378.6s
2.996 1L
1 Zb62.12
13.’04.Y5
170.834.03
3,5w.:4 67
312.805.51
1.017,015.55
29,500.65
3,302,692.69
2.616.832.5G
586,46- 90
:*3,008.53
501.030.5~
V.223.29
:.323.159.20
3.393.621.21
351.881.06
3.3’0.8M 08 2,498,754 7:
4,783,222 :2 :[email protected]
568.93!.! 3
576 22
2271.777.3’
559.68L.28
53.~19.00
1-2.26
1.95900 ‘qi +L8..
~.112.762.23
, ...
904.703 57
47167
835.562.23
2:s.m 20
3.461.283.98
349.726.10
1.336.5&:.33
16.9W 64
1,237.6aO.36
157
Rf6.861.fJ
388.813.93
1,:02,53b,-I
:r9,933.13
681,!5
R6Z 67
172,jo: 92
7L.498.04
bt.RLY.8:
: .Lo9.’5
129.308.39
l.ZPG.322.8C
29,606.12
33.36: 63
86.098 24
1.673,J95 23
2.101.052.8’
70,982.40
:.I?.s7,.80
8:.353.98
233.1327
a,929,180.!6
85.722 80
~.5’2.1:’01
2.’23.501 08
3,543.350.51 147,424 12
A 9 2 . 9 0 1 . 4 2.4U.1:
705,874.97
28-.’03.:1
:86,931.49
4 . 2 6
’.158 W 1.188.226.79
5,992 3R
29,587 98
959.970 MI 2,589 51
i.992.914.5:
3WW 2.673.762.60
13.824.16
4osuo.n:
226.067.80
2:.M9.97
1 ,Wh,9b3,’b
69j.5?!2
84.9:916
1.10~.852.12
157,94! ’ h
446.1?
22,OR6 Ah
::2.838 j-
89.3W.OP
488.664.92
!39,!83.24
l?8.5:2 OL
13,534 I5 73,925 01
3,391.032.24
160,933 13
703.6’’ 21
:8,569..;9
2.482.518.48
3.616.8L1 76
158.48R.65
1.02O.WS 36
96.937 36
‘56.03: 8R
:0,813.’52 02
23.545 I S
4.b77?32.69
2.403.881 69
8,921.488.111
329,6n!.zz
576,487 02
15.29 1,991,596.49
7:1.612.6-
53,4;9ca
186.931 49
L30 M
798.903 17
4.w4.3a0.32
753 69 108.lr6.’-
332 18
926.761.W
2:,7L5 16
3.886.089.00
12.013.:2
265.321.24
883,824.41
8.032.g
1.62:,:*7.49
19:.u836
i , i 6 a . s w e
919.656.77
19,829.15
30,913.85
24’4 9-
2O.JBrYt
1’8.988.58
29.7db 76
195.687 U
2.996 14
:.580.55
225,9!7.r:
1.402.03~.23
iR1.180.jO
688,708.97
9:,029..W
2,523,669
:.101.W3.61
58b,46* 90
85.502 2R
688.506 98
r339.9:
l.lOG.560.W 1.509,0.9.35
163.028.4:
3.06s.ia6.20
2,8:8,3’1.16
1.401.08L.S8
vn,240 74
485,345 5-
2.985.W
986,055 85
6 7 7 5 33
172.26
:.994.?0
1,896.602.iO
5.238 69
826J 1 6.78
989.97U 00
2.702.0~
:,921.?:8.T
19L.L23.03
2,548.927.55
1.811.01
i10.984.93
679.084 12
30.526 75
1.451.826.63
JPMorgan Fleming Inventmest Funds Appendix - L:nadi!cd Addirional Uisrlosnm (ruflhnne4
Sh.n Outitrndln .I the Subrcripti.n. R4msptions Sham Ouianndln at the Beginning nfi!cYsar End o t k Ysmr
8. Historical Starcmcnt of Changee in the Number of Shares -for the year ended 31 December 2002
JPMI. .4us Sr.rcr Eqwy Fund .4 - U5D
IPhlF .k= Ss.scr k p v y Fund B - liEn
JPMF hm 5t.n.t E q q Fund C - USD
JPMb A6.a S C . ~ Q u q bund D - CSII JYMF .\+A Siec- F q w x Fu-xi! X IiSD
lPMF Dlut &d Glrrn F u d I - EUR
JPUF EllH Groor. Hnncsd fund h - LUR JPMF EI!R G!obr. B ~ x n r d Fund R . FlrR
IPMF EtiR Glubz B-netd F v n i C - EUR
JP.W EtiR Glabz Balanced FunC D - EUR
J P W ECR Glob$ Booc Fund A - EUR
JPMF FUR Globd Bond Fund B - E M 1PMF FIX Giohal Bond Fund C . FI:H JPMI. hUR G.obd Bono h n u D - EUR
JPMF FUR Gobs1 Bond Funs X - FUR JPMF Eum Faviv D r Dinrlu h - KUR
! P I F Euro I%.& De Uinsro X - LUR I P M Evrnp~ Bond Fvld I EDR
JPMF Eumpc Bund Fvnd B - KUR
JPMC h r o p t Bond Fund C - EUR JPMF Evmps Bond Fund n . EliR
1PKF Eumpc Rnnd Fui2 X EllR
JPMF Europt DIICI~LLXC Equmt? Fund A - ECR
JYMb turopc D!sciphcd Equiy F m d X - htiR
JPMF E.urops SC,K Eqvlry Fund :I - E M JPhIF Europe % s r F+my Fund B . F.UR
JPMF Eump Sdec: Eqcw Fund C - EUR J P I F Europe Sclsrr +ry Fund Y . EI'R
!P.W Bump Sdrct I ~ q t C q Fund A - ECR
J P W Europe Sslscr Large Cnp Fund B - El!R J P W Evmpr i ~ l c c t Lrgc Cap F w d C EDR
JPMF Europe SrlccrLnqc Cap FunC D - ECR
JPMF Europe Sclcrr Lrrgc Cap Func X - ELR JPhIF G h b i 50 Eqw? Fund .\ - DSD
IPMF Global 50 Eqrurv Fund B - CSD
JPMF G o b i 50 Eqlus bund C - USD
JPMF Giobd 50 fiqux Fund D - USD JPM€ Gbbd 511 Eqwv Fund X . L'SD
JPMF Globd C q d .\~~~LCIIUY:I Fun2 A . EUR
JPMF Globd C q d Apprrclrtlai F u l l B - EbX
J P W Glohsl C s p m hpprcnnoon Fund C - F U R JPMF Wobd C q d . 'Lpprc~nm Fun; D E1:R
JPMF (;lobn. C ~ I U . Prrrcwnoon I'und I - LCR JPW Globi Capxi Psrsnmon Fund R - EUH JPMF Ccobi CqtL Prncn.nuon Fund C - EL'R
JYMF G h b u C ~ p d krmnoon Fund D - fUR ]PA- G:obd C a p Pmcn-zaon Fund X ELR
JPMF G k b d D:ucn~icd E q w y Fuu l h - ELR
JPMF Global D:vctuEcd Eqwr). Fund B - EUR
JPMT Global Divrriiricd Equi;y Fund C - FUR JPMF Globnl Divsrrifird Eqmrv Fund X . E.VR
JPMF Global L?bnncd Bani Fvnt n - EUR
JPMF Globd En imc td BunC Fvni B - FUR
lPUF Globr hhnnmd Bond Fund C - EUR
236.?9.L2
:P.6: h 43
59,926.K
10:.2~(124
3.449 62
l55.28a.55
21:.5432
87,59j72
2,566,236.T
:.855,iW7-
55u.4m.zb
108,86230
1.1 BU.C9'.3L
1T..5&15L
rpa.5': 10
463.182.77
6W.99LGP
45,231 31 f9b,091.05
623.54
4 9 x 6 00
4.r.523
15.08'19
132.206.19
1,0+2,0R9 11
3,078."3 27
L.990.7.22
j2-391 jt 545.30
i.420.570 0-
1,4h3.92L.b4
75,322-1
!5Y.45A 72
2.63163
6r7,6a1.90
1,021,699 63
126,866 49
41.566.P6
228 23
ioi1.08m
139.95W
110.'26 0:
601 0:
:i2.122 n2
3.3159:
10,911 13
:6?66.iU
: 2.839 '9
356,168.69
4,808.10
230.0'7 J
583,220..54
M.864 -L
98,189.98
46.722 83
230.0YS.8'
24.92'1 '14 2,773 L9
1,393.81
1,561.49
2.274,69?.'1
a ' 1 6 . 7 ~ ~
33d.954.(17
525.339 85
634,084.18
298,519 7:
241.5i6 23
2.51.634 69
:9-,657.90
285.9oL.39
560.d71.5Y
r2: ,T3.M
38,451 9:
33.846.82
6.659 72
650,262 2. 5,621,649.60
:58,21',63
a3.382 38
:19.02'.82
832.5'17.10
111.0913'
3,:oa.s:
1W.W
3.772.24
199,:58 82
6e.275 20
9,871 ao 25.310.05
33.79?.01
66.31
'19.54
122 19
87.62
660.46
3.7zi 55
981 06 1,479,569.48
12,82'.07
611:.YX 70
37-,515.31
49.954%
X4.279 53
14.555 46
33.681.31
5-.a!1.3:
nr,j35.8n
22.3'1543
3; 35
2.3'J8,305 96
1.031.085 92
do~'.319.26
195.315.21
808.893 33
2?4.6511.56
3.16.2R9 'S
389,384 69
233 ,W71
186.088.24
660,821 fb 31,302.45
i0.205 16
5,7RR.?-
3.539.42
Y3.1:Zad
7,062650.56
4886.6-R 52
295,LRi 16
29,525 :3
955.29O.U
l.lRb.93: 33
59,062 56
140.523.11
3 . 3 2 !!
938,870 06
912.91: 11
5 w . 5 4
sL,ai5 ~4
29,64:.2ti
37.930.31
'.012.41
'23.26
552,409.64
1,402.6:
'.242.36
14.316.26
13,820.8'
a.ix.79
655.2!5.%
369233,'l
LL2 46L 65
115.5ZR91
3.83646
32.1 6d.35
323 ,W '6
j.440 12
IV,~Q'.IH
193,92C4:
U.45: -j
1,530:4
2.462.628 a5
:,-:3,8:i 05
4 8 3 3 5 67
438,856.89
1.014,288.19
1 L5.453.69
249.576.23
3.00:.942 01
271.453 98
651.293 76
K.9.214 90
856.982.95
7 . T 00 49,9%100
27.692 '1:
Y.ZYhL2
Uy20 .49
1.62Y.25PUb
l.&I3,4f2.9;
262,310.33
1: 5,2R6-:
90,0479
1,297,a76.82
7W.09UbX
1636Q.22
22.04.:a
2.623 ,6
W , 9 V b6
"9.M07L
:21.136 ..; ll.w.,?- ,
228 23
:12239 84
:zz.o+~.~u , :M.i33 13
2,573 I 6
3,748 -7
8.173.39
1 ,I 80,522 63
9,4.36.38 ' 552.760Lh
JPMorgm Fleming Investment Funds Apptndix - 1;nandihd Addilunal Disclornns (mntime4
8. Historical Statement of Changes in the Number of Shares -for the year cnded 31 Dtctmbcr u)02 (continued)
JPMF L o b d Enhrnccd h n C Fun6 U - t F R
JPMF G!obal Elhmced Bani Fund X . FUR JPMF G.obal CI-US Bond Fund A - USD
JPMF Gobd sx-llS Bond h r d H - 1'513
JPMF Global CX-US Bond Fund C - USD JPMF Giobd CX-US Bond Fund D - U5D JPMF G:obal n - t i 5 Bond FundX . Ij5D
JPMF Gmbd ex-05 Srlrcr Smd! Cap Funi A - EUR
JPMF Gbbd sr-US Sshcr S m i Csp Fun& B - EUR JPMF G.obsl ex-US bslrcr Smd Cnp h n d t - EUR IPMF C n h d F ~ r ~ s i s j s Fwd A . Cjn JPMF G.obal Fmnnciei Fund C - USD
JPMF G.obal Fmsnr:~, Fund D - L5D
]I'M G1nb.l Fmnnci~r Fund X . W D
JP-LF Global Hrllthtrrh Fund A - OSD
J P M blobs1 Hcalrhxcn Fund B - L'SD
JPMF Clnhd HnI:n:srh Fund C . l!FD JPhlF Global Hcahmc:> Fund D - L'SD
JYMk Globs. Hrll:nrccn Fund X - USD
IPMF G l u b ~ High Y c l i Bond Fuid 4 . EUH JPMF Glob& Hxh Yield Bond Fund B - ELR JPMF Globd H s h Y;cld B o d Fund -6LR JPMF Globi Hlgh Ykld Boad Fund D EI:R
J W T Giobm High Y d d Bund Fund X . EUR
JPMk Ginbsr bslccr Eqvlry Func .¶ - L'SD
JPMF G.ok 5clccr Equw Fugd R . CCU
JPMF G.obal Sdccr Equv F u G C - U5D
JPM6 Lobs1 b d m i q u q Func D - L W IPMF 6bM M c c r Equiy Fund X - USD
JPMF Global Tdcrtch Fund h - L5D
JPMF Global Telsrcch Fund U - U5D
JPMF Global T m u c h Fad C - 03D JPMF blobd Tccrcm Fund D - LSD
1P.W Glvbi T&t& F u d X . l!SU
JPMF Invearnrm Smq, 9aP Fu?d C - EUR
JPYFJ~p~nSs:.~rEqvlruFund A - J P Y
J P M F J q m Sdrcr Eqlur)- Fund B - IPY IPMF Jnpm Sckrr Eqvlty Fund C . !PY
I P K j x p x ~ 5&ct Eqvlty Fund D .IF 1 J P ~ ~ F J n p ~ S c l ~ c r E q r n ~ F u . l i X - J P Y
JPhfF L n m n-nrrcn Sclcrr Eqw? F m d p. . llSD JPMF L c n h i m c x Sdrrt Equ:n Fund B . L'SD
JPMF h r i n .+msnrs bc lm Equ:ry h n d C - USD
IPMF Lm Ammcn Select Equcv Fund n . I!$D JPMF h o h s n c a Sclccr Bqwy Fund X - CSD
JPUF EllR Shnrp 25 Fund A . EUK JPMF EOR Snup 25 Fund B - EER
JPUF EUR h t p 25 h n d C - ECR
J P W EER Shmp 25 Fund D - ELR JPMF E l X S i q 25 Fund Y - E1.X J P W E l X Snup 50 Fund A . EUR JPMF EUR S h q 50 Fund B - EUR JPMF El!R S h q 50 h n d C - EliR JPMF EUR Sharp 50 Fund D - EUR
JPMF 6 F R S h q 50 Fund X - EL'R
11.914.0j
i . 4 3 4 , ~ . 3 9
L1.88:.18
37.073.69
:.381.080.92
3.549.7
565.318.lS
826.:51 8:
5f.094.36
11'.533.98
1 ~ 2 : n . 4 1
6 . 5 ~ 4 no l0.-49.58
529.606 B: 53,131.'6
:2s.140.08
:5.893 89
'O',R5~.12
:23.789.59
:,Za5,995 -5
48,960.26
67,265.21
646.4X.18
387.208 33
2'5,279.7
1.94.755.Y3
1.023.~88.53
60.'61 68
115.778~6
4.853 32
287.669.04
'84,83C 29
40!,~05.34
1,853,318.66
46.3w.22
~56 ,828 .30
124.2x5:
14,263.0:
119.724.79
8.95
41,a::.72
229.23'. 19
5.051.8~
1~9.noo on
376.596 :6
341.2'10.83
4.854 99
140.L57 99
236,633 19
240.R3O.RB
:,4R4.W..59
m . W 5 56
'9,4?:.4'
12 .5445
10.032 66
325.288.29
76,554.36
83.n82.n'
in.:os 5'
6 n ~ 6 r
22.011 M 27.ao183
22,495 72
&,597.21
2,bM 1:
2.961 oa
:.390,074~:
3XYl.W
69.801.5a
153.9W'O
10:,956.99
106,414.2d
824,726.53
X805.52
2,424.21
35.03
489.482 16
6 1 5 , 6 ~ 2 1
sow 37.S5.22
103.163.05
522 S !
s.403 M
3.4Y.21 K 1'7,420 11
25.lYJ3.25
19~:.2n 709,97714
36.5Y6.32
4,185.L'
!66.33068
75.38
a93.uz.z:
2T.8IY.30 2,996.!4
59.87.71
:5,321.94
125.733 26
20.303 79
:.5:4.05: 86
55'.023.42
27 .m :2
30'.'4
6.683 70
1?636 r 311.5'1.8J
!2,9? 63
!6,L21 92
429,660.39
18.009 0:
6.81L.13
22,495.72
%2,256.2-
32.74 nu 4 , ~ 0 . 9 1
69 26
43.58-21
932.69t.RZ
::6.228 21
l b2 .W Oh
132,w. m 1:9,3:2aO
831.934.98
64.3:: cd
264,507 G
63:.125.17
680.816.89
61.938.J:
115.7'8.76
10.i10.36
0,935.83
31,366.44
J.2'6.32Y.Y4
328,229.19
21.:39.60
352.90
693,215.65
Y3.629.:1
:4,2h3.6'
:33.5'1641
2-8.2s:.&
5,os: a< 59,'OO w
75 38
751.626.7j
360.654.49
4.854 99
8'.603 57
1,616.99
191.832.LZ
238.441.12
1,JOj.ZW 12
1.UU4.12306
63.5fa.50
49.308.40
il,898.?
7:2.970.00
5Y1.14;.40
:2?.199.60
2.21'.63
365282.66
15.381.63
27.49 1.70
3?,94' 75
12.5.:.to ne z.a92.42
20.3W.68
6.0:Wi
1,165,210.?1
74.s25.96
1.2.:,1.5*.99
18,916.19
54.926.65
639.24 73
5.~02.61
:3.196.46
35.03
:.794.112.92
956.64:.91
36228 59
8n.oo 9 7 . m VI
244.218 72 768,871 49
2.026.460 43
250,596.26
50.:6J.s+
18.69230
1,173,590.39
67.23:.7b
30.913.85
8.95
4:,aii.76
i i ~ m n :
89.3W.00
518411.68
Z b U i 5 . 6 4
2.996.14
1 :2.66Z.l 7
: j,+M.95
:70.534.03
159
JPMorgan Fleming Investment Funds A p p e n h - Gnand/td Addhonal DIJC~OJUWJ (mnhnueu)
8. Historical Statement of Chnngta in thc Number of Shares - for h e year ended 31 Dcccmbcr 2002 (continued)
IPML. tis Bond FunC A - OSD 4.594.: 84.08 ~ , L R I , ~ ~ Y R 2,766,408 39
JPhIF 1!6 Bond Fund H - USD $lr,496.S9 :70.669.0: 372.66U OV
IPMF t i5 B o d F u d C I!SD 1,471,532.04 i38.310.34 597.826.83
JPMF US Bone Fund D - USD 9.741 30 26,250.26 6.1909:
1P.W US Bunt F u d X - U*D 3,499,157.25 1.147.!W.4C !,343,&LL4 96
IPMF L'S D i r ~ p d n G Eqwx Fund 1. CSD 1.:88.064.33 'S46.889.13 6.1:8,120 96
IPMF tis D:ic@nrd Equg Fuxd B . l!Sn 26?20144 110.:92.9:
IPMP tis D:icphntcC E+q Fuxt .A (IX; . UFP 586.r67.91'
JPMF l:5 Di%riplrosd hqwq- Fund C - LSD 358.'9281 322400.47 180,102 '6
JFVF US Dlmpmcd F.qwy Fund D - U5D 261.53 !W.120 17 3,158 41
JPMF L'S DlsepLnd E q w ~ Fund X - L'SD 1.789.944.85 329.282.2: 795,767.80
lPMF I!S Dollar Ennmrcd Y k d Fund A - USD 1,YZI.'b3~3 5.531.829.09 6.059.97 1-31
JPMF IIS D o h Enhanced Yirid Fund B - USD 3r:PbS 9s 466.053 65 455,26834
JPMF US D d u E a h m c d Yiclri Fund C - 1;SD 5,965.686 6< ~.30.294.00 7,175,176 56
JPMF US D o h EdianecZ \-id& Fun.' X . US0 2,702.71 8.43 1,688.362.96 I .8Y2.326.62
I P W 1:s Sicrt Fqw'). bund A - KID 2.655.44n.98 11.59 1229.98 9,463,448.8r
JPWF US 5t:m E ~ K - F u d R - CSD 5.739.581.85 S91.369.12 5.2'8.533.71
IPMF US 5 r k : t q x y Funo C - LSD 3L7.127.35 277.309.33 S~.SC..c.5S
]Pb<F US idee: Eqmy f w c D - tiSD K.0.38 34 :6
JP.VF US Srlm Eqitv Fund X l lsn 2.3P8.091 26 559,440.9- 675.754.86
JP.MF C5 Scrtr S n a ~ Crp Fund I . 1:SD -Y5.:33.66 234,743.97 470.393.35
JPMk E5 5 d e c Small C l p F u G B USD 72.576 51 2,r76.25 2:.6?1:6
JPh- OS Szlcr; 9n l l l l '=p Fun6 C - L5D 1'2.26
JPMF t i5 Sdrrt S m r l C q Fund I> - L1SD 1196< : ,842.3 2 82
JPMF IiS Sslscr bml: Cap Fund X - K S D 925.980.96 157,436.18 2 9 1 , w m
JPWF UFD Glnhnl Hdanccc Func .4 - LSD 4 , n i 7 , 9 n m 424.268.37 989.410 03
JPMF USD Globm B d ~ u r d Fu-CJF . I!ED
JPMF CSU Ciloba. Balmctd FWL! B . OSD l,il7.139.32 57,106 44 269.i42.19
JPMF USD Glohi nuanced FunC C - USD
IPMF U5D Global Biurctd Fund D OSD 553.51 fR.90
JPMF USD G!obal Ralaocrd Fund X - USD 97:.648.25 37.717.93 153.ao3.95
JP.M'.\LF L'SD Globn: Bod Fund A OSD 4,zz:.tiia 40 1,225,936.02 1.991,:20 47
JPMI' USD Global Bond F u d B I!SD 524.858.66 !36,088 74 ~I: .ZZI.SO
JPMF USD Givbd Bl lmcC Fu ic X ::no - L'5D 448.818.58 2,419.11 235.439 40
JPMF USIJ Globu B o x F u d JF - IiSD
JPMF ESD Gmhnl R o d fun< C - L'SD 1,039,108.93 '14.155.99 416.723.59
JPMF U5D G m b i Bond Fund D - 1 5D l7,llM 1' i34 50
J P W CSD blobe Bond Fund X - OSD 2.88L.417.20 1.931.556.34 3,578,331 i 8
WY746,6:
312.5rrj.51
l .O l ' ,O l~ 55
29.SUo.bS
3.302.692.69
2.616.832.50
586.467 90
173,008S3
50193054
07,223 2'1
I.323.JSY.26
3.393 62: 21
jjI.SSlO6
3.s0.9na UR
2,498,754.77
4,i83,222.!2
l.OS2.417 24
s 6 a . 9 ~ :3
2,2f1,"77 3:
376.22
559,68i.2&
5.3.4i900
I72.20
1.9.;~ 06
791,748 l i
4.3:2.-62 23
9Cd,-O:.j-
4'4 67
855.562 23 215.798 211
3.461253 95
349,726.10
I,316,S4: 93 I6.9M 64
1.2?:.64U.36
JPMorgan Fleming Investment Funds Appendix - l-naudzkd Addhoml ~isrhJUnJ (ronnnnm)
9. Hintotical Statement of Changes in the Number of Shares - for the year ended 31 December 2001
IPMF hll. s.iEct F".; A . [:in JPMF . h a Scltct Equir Fu?d B - USD
JPMF A w S c l m hquv tunc C - GSU
JPMF Arin helcrr Fquiry Fuid E. USU
JPMF Blue and Grm:i Fmd h - ELW
JPMF EUR Giobz B r u u c t Fund A . EI!R
JYMP EUR Gbbn: B m n d Fund B - EUR
JPMF EUH Ginhnl Brmrsd Fund C - EL'R jPMF EUR G.obal B o d Fu-C A - EUR
J P W EUR Ci.obnl Bone FunC B - EUR
1P.W ELI?. Gbbd Bond F u l l C. . EUR
JPMT EUR Global Boni F-d D - ELX
JPMF 6 U R Cilobd Uond Fund X - EUR
JFWT Ervu Fvndii DE D I ~ E ~ .% . EUR
JPMP Eum Fond" Dc D m m X - EL'R JPMF Europe Bond Fund A - t U R
lPMF Europe Bond Fund B . FUR
JYMf turopc Bond Func C - EUR
JPhlf h r o p c U o n c F u n c D - E U R
IPMF Eumpe Bond Fund X . EUR
J P h E Europc Dirvpmrd Eqwv Fun; n - EUR J PMF humpc D s n p h x d Eqw! Fun= X - EUR
JPMF Emopt 5 r . m Eqvly Fund A . EliR
JPMF hump? Sc.rcr E q q Fuul B - EUR I P M Evmpc Selrct Eqvly Fund C - E l l R JPMF Ewopr S d t c t Equm Fund X . EUR
JPMF Eurnpc Sdccr L q c Cap Fund A - EUR
JPMF Eurnpc Wscr L q r Csp fund B - EUR JPMF Europe 5 c l m h g r CAP Fvnd C . EUR
JPMF t ~ p ~ wtr: L~V: cap ~ ~ n d D - ELT
JPMF E-pc Smscr Lsrgs Cap Fund X - EUR
JPMF Global 50 E q q Fund A . USn JPMF clobd 50 qv17 ~~~d B . USD
IPMF CIA i n D . LSU JPMF Gobd 50 Eqo? FunC C - USD
JPMF Globr 56 Equr). Fund X - USD
IPMF Glnhi Cyi-1 ,Apprecmon Fun& A - EUR
JPMk Cilobn: Cnp.:al Appp:cc:rwm Fun2 B . EUR
JPMF Glohxi C a p 4 App:p:sc:mon Fund C - EUR
JPMF Global Cxp!w Appp:ce=mn Fund D . EUR
JPUF Ciiobd Cap:& Pmnvruon Fund A . EL'R
JPMF Gohal Capin. Prcrm-aoon Fund B - EDR JPMF G.obd C l p i d Pr=xcmxznx Fund C - EUR
!YMk CiiooeCnpld P r n m m m F u d D . EUH IPMF GI&= C x p d Prrwn-noon Fund x - EUR 1P.W Globi Dlnr~ i l ed E q u ~ s Fund A - EUR JPYF Global D~nn;ilet Eqvlrv Fund B - EUR
J P W Ciobsl D:wnr!i.tC Eqvln Fund C - ElJR
JPMT Glnbd Divsnifisd Equ:ry fund X - EUR
IPMF Glubll Enbvlc.6 Bond Fund A - EUR JYMI Globr Emmrrd Bmd Fvnd B . EIIR
IPMF G!ohz E x i n a d Rmd h n d C - EUR
JP.MF G.obi E?he.crd Bond Fund D . EUR JPW G'nbxl Fohmcsd Bond Fund X - ELT
Z ~ P Y 83 9 3 9 8 49
1L2W
27.822.83
j.449 62
i71.56053
238,jMI 38
::L.80:99
I .y2,82h.09
2:65,398.:3
47A,6:1.:3
520.255 ao 7:.650.05
L.203 32
2,152.Z7- 56
60:.:370
435,235 9'
98%785.27
j,YM,37
2:.0222-
123.250.01
2,673,188 6 L
1,30299026
222.511.60
2,211,245.97
2.5ai.3~0.4:
1'2.014 :2
31'.316:-
2.376.~00
987.30' 31
ZOI.XOL 58
:01,653.65
: :6,>U.X
159.su.':
163.522.:1
210.15:63
25M 30
5.211 11
83.820 00 35,453.69
32,247.00
210.a70.50
1,220,169 R9
105.985 39
12,920.00
60.162.63
28.680.92
%93R 66
20,541.31
:!.38L.09
3,ORf,62a 9 A
!.18*,:1'48
27 1.480.2'
14L,5:9 78
1,1:9,98.?3
99.679.00
5,510,809.5:
a12.848.62
430.146.56
46.652.0'
655.-4: 21
623.5'
49.900 M 2.2oa.55
2.205.28
17.cd5.77
1,383,29424
1,950.918.12
5,5c4.5@'.7:
46.216 53
5 4 5 3
1.oca.*99.5~
426,455 36
40.37:.m
: 1.894.lj
2.294.06
:~0.8Vz.82
292986.20
664.01
29.505.39
228.23
27,759.:5
35.1WJ8
:2.295 11
619 56
i76.53irO
:.625.69
5.7359
13.6M.05
405,637.39
4,808 io
23,839 02
:3,M1 06
4.0M.:56.07
1L2.325 60
378.62
193.x7,s:
63.216 64
47,555.3-
98.598.36
:,R95.214.3;
:,497,334.04
35.71: 4R
:95,091.1~
430,707 19
50.746.0:
4.203.32
3,364.509.97
951438.55
264.38'.82
:,420.52
045,439.4
2.C43.59
8.i40.36
28.009.59
311.204 9:
1.545.033.49
i.856.726.ei
161.336.78
1,R43,175.U
!,543,861.19
:37,062.43
169.755.60
261 23
1.899.6:7.36
255,693.R8
77.602.10
90.052.08
36,055.69
34.803 05
65,091.22
18.49
234.3'3 0:
8!406
9.99' i 7
78,691.95
22611.90
81.7 5.70
4.632.63
1,127.05
3.85:.615.51
236.759 42
:04,b:U 43
59.926.01
:0728(r.2<
62
155,288.55
21 1 ,3'0.32
87.593.72
2.566.236.70
1,855.iRO'-
550.400 26
:08.862.31'
1,:89,09f,34
:21.5P.5L
L,Z~R,~:T
MLo.994 on 45.23i.53
"16,093 OS
623 54
49.9W.00
4.051.33
:5.08:.19
1:2.206.19
1.072989.33
3.078.Ly3.2-
4,99071.22
527,391.55
545.30
563.162."
:.420.5f0.0:
1,463.924 04
75,3227R
:59,455-2
2.033.63
647.681.90
l.023.699.63
126.866.49
40.566.96
228.23
108,087 96
159,957.54
110.726.0'
601 0:
552.322 02
3 . 3 3 9 1
10.991.13
18,168.10
:2.839.79
356.168.69
',80R.l0
230.0749
11,91403
1.L34.710.39
161
JPMorgan Fleming Investment Funds Appendix - Unandted Additional DiIciosnm (nsntinw4
Rsdsmpiionn Sh-6 Outntnndhg ut the End nf the Ysnr
9. Historical Statement of Chsngtr in the Number of Shams -for thc year cndcd 31 December 2001 (continued)
JP'ifF Gllobd n-LE Bad Fund ,\ 1:Sn
JPMF Globd n-OS B o d Fmid B - USD
JPMF Globd cr-US Bo+ hind C - tisU
JPMk Giobni cr-US Baic Fund D - O5D
JPMF G.ohn. cr-I:S Ron; Funo X - USU
IPMF G.obL rx-US Sciccr S n d Cap Fund .3. FI!R
JP.W G.obs. tr-CS 5crcr S n e l C q FunC B - ECK JPMF G ~ o h n ' s d A Ss,srr bnnli Lap hunt C - BLR
J P W Giobnl Fmxmdh Fmul h - USD
JPMb Global Flnnnudr Func B - USD
JPMF Globrl Finmoalr h n d C - USD
JPMF Glotrll F ~ m ~ c l l r Fmli D - USD JPML. G m b i F~mncmdr F w o X - USD
JPMF Goha: Hsirhmch h n d h - USD
JPMF G v b i Hcdthtcrh Fund B . CSO
JPMF G.obn: H d h m h Fluid C - USD
JPILF tilobd Hcddmrh Fund X - USD JP-MF Global H:gh Y:dd bond h n d h - LtiR
IPXF Glubnl Wgh YXd Ron6 Fund H . EUR
JPMF Global mgh Y:<.< Bml' Fuu ' C - EOR
JPMT Gbbd H~gh Ys' l : R w d Fu:x 11 - LLR JPhlF Globd High Y d d Bozld F m t X EI!R
JPhfF G h h i Ss-rrr +TJ. Fund h - USD
JPMF G.ohi S s k r Eqmry Fvnd 8 - CSU JP.MF Globni Sriret Eqvlg Fvnd C . USD
J P M Globd Sdccr Eqwg Fund X - USD
IPMF Glnhnl'l'clsrrch Fund ,\ - USD IPMF Globnl Trlctcrh Fund B . I1W JPMT ciotrd ~ t ~ ~ t c ~ i F".A r . TSD
JPMi- Global Tdmch Fun0 D - USD
JPMF Globrl Tclmcb Func X - 05D IPMF I n u ~ r r m c ~ Srmtcgy PAY F u d C . t U R
JPMF Jnpnn Sclrft Equr) Fund A - 1W JPMF Japan Sdcct Lqmrv Fund H . JPY
JPMF ]%pa> S d m Eqm:, Fund C JPY
J P F J x p n n Sclsc E ~ U T Fund X - JPY
I P W lam hmmcn Srlcrt Equ:ry Fvnri A . I:ID J P W Lon . 4 m m c i S d m Eqew Fund B - USD
JPMF b u n hnsdcs 5 t i m h q u : ~ Fund C - USD
JPhlF Ism Amsnci Sc..rrr hqu:~~. Fund D - U5U
JPMF lsun .Lzrntm S L ~ E q u . ~ Fvnd X . USD
JPMI BUR S h q 25 Fund A - EKR JPMF EI'R 5hvp 25 Fvnd B . EI!R
JPMF EUR P h q 25 Fund C - EUR JPMF E U K S h q 25 F u d X EUR
JPMlr; hL'R S i q 50 F- h - EUR
JP.W Elm s+ 30 F ~ ~ ? R . EUR
JPW ELX S n q 50 FuzC C . EUR JPMF EUR Sharp SO FmmC X - EUR
JPMF 1:s Ba3d Fund :\ . U9D JPMF US B a d Fund B - OSD
JPMF I!S Bond Fund C - UID
JPMF US Bond Fund U . VSn JPMP US Bond Fund X - CSD
1.28C.L46.69
R1.93t21
6'.333 88
3.1.30: 99
1.5f4.2h0 2h
10:,615.j7
o s . 9 u a ~
220,0)3 68
11.47000
26,326.6.3
6").033.:9
6'.5L6 5 L
lr9,922.3q
'4.990 32
:91,09Pll
6:.146.15
32C.21r5 79
Rb,-b3.2L
533.0g.95
32:.'56 3L
301.12' R 3
247,25065
1.68:.8:1 3'
6a.883.5j
;41,394.36
376.249 35
-@,5i4.~a
:,85R,592 1C
Y82.YIY.6I
66:,f'P.5'
2.606.385 OL
Ib7.f22 51
8.633.67
118.33'1 1:
2L.99R R9
4.36Y.IUj.99
593,231 ?-
1.580.606 OP
3,703,794 91
804.973 90
7.1'1.54
18,559 '2
8,614.13
456.:30.55
:61.4:0 41
14.003 95
14.666 6-
230,325.U'
a,232.23
:1,24452
6,504 IJU
9 2 . w . x
164.856.20
2G.3W 60
3.000 M R9,':h ?9
1.5W0,727 96
183.132.64
1,061.MS.93
!63.832.76
26b.898.2:
582.'20 40
1 5 ~ ~ 4 8 n 24.32?.32
1.995,'53 15
653.45,64
8.706.35
zn.zu:.:n 4,865.08
62,986.03
55.01273
1,9:0,25:.>
290,216 45
05,145 69
?i.981.:6
L:Pi8.42
6.130 W -.182 28
6 95
22.703 64
235,345 19
5.051 $4
25Y.ooo.W
3'6,296.lh
346,910.6-
1354 9Y
:40,41i99
236,633.19
3.263.652.:6
:lY,?Yb 3;
979.22L 36
10.0".01
1,284.505 58
'02339.6-
49.225 59
48.8:9.91
64.30
262,1:4 36
W9.591 82
18.523 16
70,095.53
2a6.148 j4
4.212.21
11,965.W
; I 8.97 11 316,282.58
34,805.4
2 4 . W 2Y
148.81322
1,6:3.9T03
130.1P9 20
99,255 9-
11L.8725G
268.396.3U
49,3%17
92.996.23
5U'l 48
30:.248..:
1.3::.428.48
:6.830.20
54.IWY.38
?!.X
151.5663<
3L.69 3.0:
:,Y15..;25 b2
8:1.730.72
hR0.625.0:
Z.lS:,SJ: 90
84.8-0 36
500.00
5.'96.66
5,R92.?
6.:08.00
1 :0.000.00
3.699.S
3.038.572.09
258,531 53
:.083.300 42
302.::
i,489,153.24
1,1R3.080.92
41,88:.18
as49 7'
37,073.69
$65.3:8.: 6 820.15RR-
57.09L 36
111,333 '48
164,210.41
10.i49.56
6.5W 00
529.0W.8:
53.131.?6
126.140.08
15.P93.89
-0-,Si4 ! 2
120.'89.59
..285.Y95.-5
48.960 26
67.265 ZI 646.G51.18
387,208.33
2:5,2:9?;
1.YL1.75C.93
1.023,788.53
M.761.68
1li::a.:6
4.813.32
764.834 2'1
287,669.01
:,Rj>,J:Rbh
401.405 3L
46.3Gn.22
:.:s(r.S28 30
:2L.2'0.57
lL.263.67
1:9.'2L.-9
8 9s
Al,Rll.fb
229.237.19
5,051 84
149.000.0U
3fb.396.16
3<1,210.83
4,854.99
1 4 4 1 ' 99
23b,633.19
4,594.:84.08
114,496 19
:.476.532 OL
9.'4!.30
3,499.14: 2;
! I
I
I i
I
I
I I
I
I
162
JPMorgan Fleming Investment Funds Appendix - (..na#diird AaWonai Disriosms (continncd)
9. Historical Statement of Changcs in thc Numbcr of Shares -for thc ycar cndcd 31 Dcctmbcr 2001 (continucd)
lPMF ti5 Diruphrd F ~ Y Y Fund A . U5D 36:.-7; Y3 :.138.8'1.66 318.58*.28
JPMF 1.7s Dimpiinsd Equy Fund 6 . L3D 308.3 16 '! 128.OM.93 :53,125 20
JPMF ti5 Dacipr2.d Eqwty Fund l? . I S 0 79.14(1'5 lh~.b92.51 s2~ .10043
JPMI: 1'5 Daopbncd Eqwry Fund D - USD
IPhIF US D~lic~pL& Fqvlrv Fund X - ESU 871.983 40 1.092.904 50 :74,943 14
JP.W Cb DoLu Ln.immd >-!dd Funs B - USD h1.12965 399,m2.23 l19,'66 13
JPMF I!< Dnlnr Fsirnrsd Yield F w d C - tiSD 261.L:S 90 6.003.228.44 2.299.01- 70
261 53
IPMF CS D u m Enmnrrd Ysld Funt h - L'SD 2.:6~.62a.i- 3.602.967 95 1.d15.8326'
JP.VF L'S DoLx E ~ Y I L ~ C L ~ YidC Fund X IiSD 5 i 2,RRfi.R; 2.~58.205.3~ 168.3'5 81 JPHF l!S '.rlsr: Lqru?- Fun= A - USD 2.04~,453 69 2,:99.5*4.2Tr :.59f556 91
IPMF LIS S r k Eq.7 Fund B . USU :.9W,q76.66 5,554.495.47 :.-"1890.26
JYMF US b d c ~ Quw Fund C - U5D bY.O<4.69 13Tr,d03.56 52,330.92
JPMF US S d c F q w y Fmd X - L'SD :,8-2,8:1.97 :.612,186.9c 1,096,907.65
JPM: ti5 S&cr S m k Clp F m i A U S 2 545.361 25 865.309 22 618.536.8:
JPMti tis S&cr Snie C q Fund B . USn 9:.5l8.'6 15.0:O 51 39.Y52.16
JPMF US 5 c . m 5 m ~ l Cap Fun= C - L'SD
JPMP L5 5t .m Sndl Clp Fvnd 6 - USD bZ1.408ffi 6(&.893.W 302.32: zz J P M F L S D t i . o h i l B - ~ d F u ~ A - U S D 6,249,283 66 419,02B.f6 :.fi:n.408 53
1'2.26
JPMF ILS k e n h11 Cxp Fund D - tiSD 11964
JP.W IX) Goha! Hemred Fmd B - USD I ,362,038.zj 306,636.89 351,535 82
JP-MF USD Gobe B ~ m c c d Fuqd X - USD 800,8x).3! Z23.O8-.L5 54.269.51
JYMF USU Gluhr BdnnfrC Fund X :IX> ITSO A65.6Rh.R; 42: 90 18,296.1 * IPMF LFD Glubu Bond Fund A . USU 2.929.966.26 2.999.800.41 1 . m ~ 3 0 . 2 ~
JPMF tiSD Global Bond Fun2 B . IISD 5ld,:YY 86 455.637 51 4L0,977:1
JPMF OS2 Glnnnl Hond h n t C - USD :,149,552.52 :,l40,37 3' 1,250,8:4.93
JPMF USD Glvnll Bond Fund X . UW 2.957.068.04 762.656 !3 836.106.97
Sham. Ouiasndln .I the S"b.rripti.". Rsdsmpriona S h n m Oulstmndlng mt the End nf the Year Beglnnlng d r f e Yew
10. Historical Statement of Changca in the Number of Shares -for the year ended 31 December 2000
i60.480.98
Yi.41:78
:+G,13163
3.49.62
111.?14.8Y
229,968.28
98.88i.77
:41,9169>
1.645.010 22
z4i360.0:
m,6rz.62
130,607.26
3.859 16
I.421.329.39
286.9W 26
34C.669.14
962.1~8.21
2.50'.02
24,999.81
1 !2.250.8-
3 , 9 ~ . 1 0 2 Y?
85i.805 88
ZUB.LY8.52
i,614,1M.n1
6U.667 31
1.692306.j6
?62.'48.22
291,330 22
:.My.5w.97
3 n , m n 6
IUJ,RO~.?O
:.OX61
194$32.08
195.579.56
1,79;,:w 48
1.787.70
16,080.56
11!,V7.66
18,171.46
1,65R.144 04
332.:37.80
51.890.53
58.276.18
1.04.023.21
55.699.30
23.75090
50,631 04
146,!87 35
416.1-
142 00 1 3 2 . ~ 13
d6.228.45
45.M9 23 56. l iV3
:.6?.683 19
i,132.898.62
397.654 37
389,413 39
27,807 18 3.832.68
z . w . m z n S Z Y 3 I . 4 0 359,4M Bo
9:8,7M i 3
2.:28.04
i ,S22.54
l6.il9.19
: .39'.82'.8i
1.0!1.2&5 13
227.431 W
3,300,763 i l
41.31077
2,2S2.5'J2.54
66.265.30
21: ,775.78
2,47,L12 71
282.601 90
5L,582 29
i39.:12 79
13.954 f 6
19.30d 75
74.5333
25.9M 16
1,223.21
638 05
33.W3 8 A
32,48400
z i n . 8 m n
:.W.I69.83
464.R92.M
i'.W.95
38.704.31
367.002 68
l.lU(I.Z23.92
89.6'9 16
49,651 32
1.03-.552
223.363.68
1:270.00
26.328.63
131.568.W
129.52
4,696 13
26,396.81
36.<:-:5
40.190.~:
428.:i4 03
61 2.310'1
168.402.95
265.8211.21
a5.:63.69
3,ra~.52
2.055.6~ 0.3
214,416 96
208.89J.60
895,10-.:6
'28.61
49DU 08
5d20.05
2.71L,-Lz 14
556,in: '5
213.4!7 76
6YY.623.!8
685.978.08
! ,553,548.49
256.899 4
:91.769 d3
9l,h)62?
304,944 56
38,531.75
58.37503
174.23h -1
53.C52.32
96.594.91
l.MP.458.0:
3.5 6 i
2,86165
2R,6ll)'l
!6.6za.61
23:w
jan0w.w ed2.58'1.31
a 3 m . 9 6
261810.52
53,976 81
579,916 65
43.'62 8P
34,3:9 52
2~.78a.45
33;n.m
2-3.099 R.;
9:,60143
2?.8228!
i42W
3.449 h2
I-l.3M53
21R,500 1, :14.aom
I , 3 f Z , h B l l $
2.165.398 13
C L b , . , l 3
520,255.8il
72,650.Y 5
4.203.32
2.1 52.27-,56
on: ;-3 ro L35.2.;5 34
985.35 2'
1,9M 3:
21.022.2'
i 2>.230 1'1 2,6-.3,1 RR hL
I.302.9YG26
222.i1: su 2.215.245 9"
z.ja!,330.4:
: : L . O I L . : ~
317.3161'
2.3:6.LW ci
9R:db- I:
203.W4 51
11)1,653,65
:16,384 50
i59.58r51
i 63.522.i 8
z 1 0 . 1 5 ~
15,211.71
83.826.M
35.L51.69
2.5W 30
3214- no 2 1 0 . ~ ~ :(,
1,220,169.8.3
: .2W.M 69
83,9.35.23
C.333.88
3f:JOI Y'J
1.5~r.2ROZR
I K 6 1 3 5-
65962.84
220,031 68
: 1,4f0,0(1
26.32a.63
JPMorgan Fleming Investment Funds Apptniix - Ihandted Addirional Disclosum (rontinneJi
10. Hiatorical Statement of Change5 in the Number of Shares - for the year ended 31 December 2000 (continued)
JP!dF Glnbr Hnlthtcch Fuzd h . USD
JP.MF tiiobr. Hairhrcch Fund B - USD
JPVF Ginhr' Hsurhrsch Fvid C . USD IPMF G l v b i Hndtht.cn F u d X - USD
JP.MF Glabr High Y v d Bond Fund A - EOR JPMF Globl! High Yi.4 Bnld Fund R . EUR JPMF Globi High Yu.d Bmd Fuad C - EUR JPMF <;lohsl Hxh Y1c.d Bold Fund X - EUR JPMF Globd Ficrt Eqm? Fvnd A . VID JPMF Glabd 5c.ccr Eqwv Fund B - USD
JPMF Ghhd S e c t Equn Fuad C - USD
JPMF Clohnl br.scr kquy Fund X - USD
JPMF Glohal.Ic.cteci Fmd A . USD
JPMI' tilobsl T d m m Fund B - USD
JPMF Llohnl Tslsrsun h a d L - USD IPMF Glubd l'cktrch F u d X VSD ) P M F l n u ~ m m ~ Smwq Y8P Fun: C - EIjR
JPMF)xpr iclcs; Eqwy Fund .4 . JPY
JPhlFJnpnn Sdrcr Eqwy Fund B - IW
JPhlF )span Sdrcr Eqlug Fund C - JPY
J P W h p r islcsr E q u ~ F u d X .)YY JPMF Lm i - n r r c r Sdrcr Equltr. Fund A I:SD JPUF l s n n hmcnca Scicc: tqury Fund B - USD
JPMF L r . n \mcnca Sckc: Equity Fund C - USD
)PA* L t n ¶.ncnrs Sslrr- Equq Fund x . Lisp JPMP US Bmd Fund A - OSD JPMF l,\ bond Fund B - G5D
JPMF E5 &:id Fun6 C - tiSD
)YMF I ' b Hcnd FunC X - "D
)YMF Lb Draphnrd E q u ~ Fund B - LFSD
1P.W F D..upbncd +wry Funri C - USU J P W G5 D.q!md E q m e Fun2 X . I150 JPMF US D o h Enhanced Yield Fund h - USD
JPMF I 3 D n h E.nhmssd Yald Fund U - USD IPW US DuCv EnhxnccC Yl&d Fund C - USU JPMF US DoLu Bnhv~crC Y i ~ 2 Fuqd X . USD JPM'ML. U> 5t:tct Eqwiy Func A - USD
IPMF US S::rcr Eqwnj Func B - USD
IPMF 0 5 Sdrc Equr). Fund C . USD
1PMF LT\ bdrcr E q w j Fund X - U5D
JPMF 1:s iclcr: Small C q Fund .4 - CSD JPMF LS Scltcr Small Cap F m d B - USD
IPUF I \ >dtcr S m d Cap Fund C - OSD
1P.W US Wrcr Smdl Csp Fund X . VSiJ JP.W CSD Glob& B d i u t d Fund A - USD
JPMF I!W Gmod Bdnncd Fund B - USD
J P W L'SD Globi B a h c r d Fun2 X . [!ED JPMF tiSD Glohd Bdmr-rd Fund X (mc) . I!SD JPMF 1RD Glohnl Bond Fund h - USD
JPMF OSD Giuhxl Bnrrl Fun? R . USD JPMF L'5D Cluhd Bond FunC C . USn IPML. USD G.obal Bund Funi X - VSD
SY.6:56:
AL:,IW;
Llb,'33.2:
107032.73
1,48'.405.30
2.898.725 60
tR2.:2951
423Ch4 SO
2.34134 80
i 56.6RO L1
8 , l a 63
i l 9 .36 10
24.53!.7P
4,164,81-,V:
398,'L2.16
5b5.080 i 3
695 60'.63
123,OYI.YZ
170,4-1.3S
35: -10.15
62: :4- :.1
;,163,129.91
3M.715.60
1,033.2-'?.26
697,546.38
2.3:5.592.94
2.2si.1-29i
!5,s9: 95
S08,233 9-
657,184 64
Y-'.518 76
129,'R2.50
li:.39'.!0
6,318,931 40
1,170,642.42
960.481 62
250.792.-2
2,52699- 51
65+5:5'2
1.4M.!85 Li
:.:9-,7:;,:0
'65.913.00
'9.5'6.3
155.41006
125.349.7
:,OW,726 26 62,6231
369,:95."4
Y5.028 66
451 .0-2.>1
26a.29?.41
222,15:.@1
236,:'I.W
2,418,623 3' :20.4'S 17
:W,W.70
s3a.10~ 86
X1.673 36
1.3Y-,Il-,U
88A.oc6 50
4-.065 r2
:.329.302.66
8@,3M 47
:,028.80
32.551.Zi
467.11
4909.833.R I
3'1.939.8L
1,21L,3~6.>~
3,8sa.880.99
>Ph.bh5.5+
209,572.41
411.22: 27
3bZ,Lf5,98
1.331.6r1.90
186.711 32
442.812 6'
I2?.25a 62
!.4'?,002.?1
988,051 85
8 7 X 6 32
:.505,u1.02
5'0.:e5.89
3 . 3 5
21,103.?9
473.650.35
1.5h6.949 fL
230,356.8'
488.661.70
1,82C,'33 41
209.852 69
481,'O' 29
2.162.W6.~3
86.409 81
12.030.M
5,48-.69
50358.39
213,628.0:
1<,775.4@
4949.05
8.205.62
a8.202.97
39%'1:.18
337,49715
96.557.08
736,812.M
51.590.64
a m 3 4
16:,05651
1.034.564.08
2.4S.250.90
sa3256 42
228.75038
:.064.102.42
69,32C3?
543 76
~ 4 , n m o
4.701,5~~.?5
218.778.'2
177.450.23
850.693.7!
151.985.56
77.727.05
46.799.l6
131.639.03
3,330JG3 64
X6.297.0'
1114,610.03
M7.91215
:,74O,141,46
:,27a,252.!0
33.653.58
:*1,243.02
M9.009.28
IR1.35 150,713.C3
23.638.67
l.M8,59?.LB
44.96i.w
159.655.3:
278.969.57
1.<22!,76268
354,169.35
74!.350.2:
~03.052.39
679.033 :9
67.546.54
:49.9223:
75.9M 32
:vi.nw I Y 67.8a.15
32L.ZL5.79
R6fOi.2L
533,084.9s
321.756.3L
30:,12X7
ZL7.25C.65
l,hR:p1:.3-
68.80.53
14:.59436
.3%,249 35
764.5:4.58
:.858.592 :4
9029:96:
661.779 54
2.bM.385.04
16?.722.5i
8.633 67
11 b.339.17
24,998.89
1,369,103.99
593.2x.77
1.58n,608.08
1.57.77:.93
3.,03.794.91
308,316.71
7lY.1407~
87;.9~1.49
2,164,628.:-
0:.:2985
26:.475 90
C12,U68.85
2.048.453.69
1,964,976 66
69.054 69
:,~:2,a:1 9:
546,361 25
97,518.'6
1722b
621,Q8.'8
6.24.283 66
1,162,03R.25
8W.830.31
466186.81
2,929,968.26
510,199.06
1.349.552.52
2.w.66a dd
165
I
Approved for usc in thc Unired Kingdom by JPMorgan hssct Managcmenr Markedng Limited, 10 Aldermanbury, London BC2V 7RF, England. J.P. Morgan Fleming Marketing Limited is authoriscd and regulated by the Financial Services Authority and is part of the JPMorgan Asset Management markennggroup which sells investments, life assurance and pension producrk The price of sharcs and any income from them may fall an well as nse. When a subscription involves a furcign cxchang transaction, ir may be suhiecr to the fluctuations of currency d u e s . Exchange rates may also cause thc vduc of undcrl!ing overseas mvcsuncnts to go up or down. Invesunent in cmcrging markets may be more volade and the risk to your capital b~ratcr. There is no right to cancd an agrccrncnt to purchase shares under the rules of thc Financial Scrvicer Aurhoriry. The normal protecrions provided by thc UK regulatory sysrem do not apply and cornpcnsadon under rhe Financial Services Cornpcnsation Scheme is not availablc.
For further information concerning IPMorgan Fleming Investment Funds, please contact the Global Distributor:
JPMorgan Asset Management (Europe) S.1 r.1. Postal Address: L-2888 Luxembourg Tel NO: (352) 34 101 Fax NO: (352) 3410 8000 Email: fundinfo0jpmorgan.com
Internet: www.jpmorgan.comlassetmanagement