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ker, Spread to Treasury 176 iBoxx Euro Corporate Index 582 JPMorgan Global High Yield Index STW 726 iBoxx Euro HY Index 294 EMBI Global 337 JPM EM Corporates (CEMBI) 10.1% 9.5% 13.1% 21.0% 16.4% 15.4% Quarterly Averages Commodities Current 1204 1301 1302 1303 GSCI Index YID Return' Brent (S
gulated by the FSB. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: J.P. M
2% 161 i8oxx Euro Corporate Index 548 JPMorgan Global High Yield Index STW 649 Eloxx Euro HY Index 244 15.4% 24.9% 18.5% BIB! Global 319 JPM EM Corporates (CEMBI) 16.1% Commodities Current Quarterly Averages 1301 1302 1303 1304 GSCI Index 2012 Return' BreM(S/R4) Gold (Sfoz) Copper (StmetrIc
ancial Services Board. Hong Kong:. Morgan Securities (Asia Pacific) Limited (CE number AAJ32 ) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: • Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: s Morgan
ex STW 13.1% Euro high yield (bp over Euro gov) 126 iBoxx Euro HY Index 21.0% EMBIG (bp vs. UST) 294 EMBI Global 16.4% EM Corporates (bp vs. UST) 337 JPM EM Corporates (CEMBI) 15.4% Quarterly Averages Commodities Current 1204 13Q1 1302 13Q3 GSCI Index YTD Return* Brent ($/bbl) 110 105 2 105 120 Energy 3.1% Gold ($/o
Page: HOUSE_OVERSIGHT_026576 →egulated by the FSB. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch, is regulated by the Korea Financial Supervisory Service. Australia: J.P. Mo
Page: HOUSE_OVERSIGHT_026578 →Entities connected to both JPM EM Corporates and the Securities and Futures Commission

Malaysia
LOCATION
New Zealand
LOCATION
JPMorgan Chase
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATION
Philippines
LOCATIONthe Stock Exchange of Thailand
ORGANIZATIONthe Capital Market Authority
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATION
the Ministry of Finance
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONthe Taiwan Securities and Futures Bureau
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATION
European Economic Area
LOCATIONEngland & Wales
LOCATIONJapan Investment Advisers Association
ORGANIZATIONthe Hong Kong
LOCATIONJPMSAL
ORGANIZATION