Can You Afford to Miss Out on the US?

* U.S.A * POSITIVE US ECONOMICS 80.0 Oct 2007 10 year average 75.0 56.4 $$$ T$$$ Jan 2012 Have a nice day! June 2008 $$$ Employment is recovering, with unemployment at its lowest level since February 2009 us consumer confidence is almost back to the average, last seen in Oct 2007 us consumer spending is back to levels not seen since 2005 Source: Unemployment rate, us Bureau of Labor Statistics as at 31 Jan 2012 Source: University of Michigan Consumer Sentiment Index, Reuters/ůniversity of Michigan Surveys of Consumers as at 31 Jan 2012 Source: Consumer Expenditure Survey, us Bureau of Labor Statistics as at 31 Jan 2012 * U.S.A* WHERE'S THIS MONEY BEING SPENT? 60% of the top 100 giobal brands are US companies Have a nice day! In 2011, uS brands made up the entire top 10... $278 $24 Source: Best Global Brands of 2011, Interbrand as at 31 Dec 2011 * U.S.A* us dividend payouts nearly doubled over the past 10 years and increased by over 20% in 5 years WHAT RETURN CAN AN INVESTOR EXPECT? $2.21 Have a nice day! - $1.81 ... and the top 10 us brands are worth almost 11.5 times the top 10 UK brands $1.30 $1.01 $0.82 JPM US Equity Income Fund Search Last 20y Last 15y Last 10y Last 5y 2011 JPM US Equity Income Source: J.P. Morgan Asset Management, McDonald's Corp and Coca-Cola Co as at 31 Dec 2011. Dividend figures are adjusted for stock splits. Past performance is not a guide to the future. Can you afford to miss out on the uS? This material does not contain sufficient information to support an investment decision and investors should ensure that they obtain all available relevant information before making any investment. Past performance is not a guide to the future. JPM US Equity Income Fund key risks: Funds that invest predominantly in a single market, asset class or sector may be subject to greater volatility than those funds with a more diversified portfolio. This Fund charges the fees of the ACD against capital, which will increase the amount of income available for distribution to Shareholders, but may constrain capital growth. It may also have tax implications for certain investors. The value of investments and the income from them may fall as well as rise and investors may not get back the full amount invested. Issued in the UK by JPMorgan Asset Management Marketing Limited which is authorised and regulated by the Financial Services Authority. Registered in England No: 288553, Registered address: 125 London Wall, London EC2Y 5AJ. J.P.Morgan Asset Management Average dividend payout of 2 of the us companies - per share