INE MAXWELL February 01. 2005 - February 28. 2005 JAMS/ ds the custcdum of Wed opfions end ~I mutual funds ne4Jdryo Mid partyendue: funds purchased Waugh JPMSI AlPMorgan Private Bank P,-s;c! 8 of 8 Sherehoklersof oaten JFM Funds erechergede tedenbtonleeequel to 2% of t d proceeds', they «chore, redeemShar