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HomeMy WebLinkAboutFifth Third 65650026668735 11, 04-0131 .�er...„ Investment Account 65-65-002-6668735 01/01/2014 01/31/2014 FIFTH THIRD BANK CITY OF CARMEL, INDIANA Investment Account 65-65-002-6668735 FIFTH THIRD BANK AS CUSTODIAN FOR Account Contacts — CHERYL COOPER(317) 383-2795 CITY OF CARMEN,INDIANA — THOMAS BLAIR(317)383-2479 — GEORGIA CAMPBELL(317)383-2279 INVESTMENT ALLOCATION,SUMMARY I Last Statement This Statement Percent of Est.Annual Estimated Description Market Value Market Value Assets Income Yield Cash and Equivalents $0.00 $0.00 0% $0.00 0.0% Total Account Value $0.00 $0.00 0% $0.00 0.0% Net change in total account value 0.0%Increase ACCOUNT SUMMARY Investments Total Income Cash* Principal Cash* at Book Value Portfolio Value Beginning Balance 0.00 0.00 0.00 0.00 Ending Balance 0.00 0.00 0.00 0.00 beginning and ending cash amounts are the uninvested balances REALIZED GAIN/(LOSS) SUMMARY Current Period YTD Net realized gain/(loss) $0.00 $0.00 C O t•l Z Q M O a Fm LL eO,{ Investment Account 65-65-002-6668735 Page 1 of 4 04-0131 Investment Account 65-65-002-6668735 01/01/2014-01/31/2014 FIFTH THIRD BANK CITY OF CARMEL,INDIANA ACCOUNT RECONCILIATION Total Income Gain or(Loss) Market Appreciation: $0.00 End of Period Less: Beginning of Period Net Unrealized Appreciation Net Gain or(Loss) Account Value Including Gain or(Loss) Market Value End of Period-01/31/14 $0.00 * * * * End of statement for Investment Account 65-65-002-6668735 * * * * Investment Account 65-65-002-6668735 Page 2 of 4 • • • • FIFTH THIRD BA�IK Investment Account 65-65-002-6668735 01/01/2014- 01/31/2014 CITY OF CARMEL,INDIANA . • EXPLANATION OF INVESTMENT MANAGEMENT AND TRUST ACCOUNT TERMS Fifth Third receives payments known as revenue sharing from certain mutual fund families and may receive financial incentives for the sale of certain mutual funds.Fifth Third may benefit financially from the receipt of revenue sharing payments from the advisers and distributors of the mutual fund families.Revenue sharing payments are in addition to standard sales loads,annual service fees(referred to as Rule 12b-1 tees),expense reimbursements,sub-transfer agent fees for maintaining customer account information, providing administrative services for the mutual funds(shareholder accounting and networking fees),and any reimbursement for education, marketing support and training-related expenses.For more information about fees,please ask your relationship manager. The bank may allow cash to be overdrawn from time to time if there is insufficient available cash in the account to fund the account's obligations.However,subsequent additions of cash to the account may be maintained as a non-interest bearing deposit in the account for such time as required so that the time and dollar-weighted basis is equivalent to the time and dollar-weighted basis of the aggregated overdraft balances. These non-interest bearing deposits are intended to compensate the bank for any overdrafts that previously occurred. Distributibhs paid by check from plans are processed through an omnibus account in the name of Fifth Third Bank. The float period on distributions commences upon the issuance of the distribution check. The float period on distributions ends upon the earlier of: presentation of the distribution check for payment, or the expiration of 180 days(wherein such un-cashed amounts will be placed back into the trust of the distributing plan). Float earnings associated with the payments are retained as compensation for handling of benefit payments.Distributions paid by direct deposit,or wire, do not generate float earnings. Contributions received by Fifth Third Bank pending investment direction from plan fiduciaries will be processed through an omnibus account in the name of Fifth Third Bank. Float earnings associated with contributions are retained as compensation for handling contribution receipts. Contributions received where there are standing investment directions, or which are received with specific investment directions will not generate float earnings. The float earnings received are calculated daily using the current effective federal funds rate that is specified at the New York Fed website: http'//www.newyorkfed.org/markets/omo/d mm/fedfundsda ta.cfm. Realized Gain/(Loss)on Sale of Securities-has been computed by comparing the selling price of securities to the cost data.Although figures are intended to be accurate,the cost data and realized gain/(loss)data should not be used for tax purposes. Please consult your tax advisor. The Current Prices and Est.Annual Income shown herein are obtained from sources that we believe are reliable, but they are not guaranteed and are listed for purposes of information only. The Est.Yield shown herein represents the income distribution rate that is determined by dividing the est.annual income by the market value, This statement may include certain assets or class of assets,including but not limited to, non-publicly traded and infrequently traded securities, pooled private investments,derivatives,partnership interests,and tangible assets for which there is no readily available market value. The values provided in this statement for such assets are internally generated estimates or values which may have been provided to us by third parties who may not be independent of the issuer or manager. These valuations are unaudited and not guaranteed for accuracy, reliable value or currency. Such valuations are generally based on the most recent values provided or estimated. However,updates and estmates are only obtained on an infrequent basis. Life Insurance policies, with the exception of Term policies and Group policies,are priced at least annually based on information provided by the issuer. Term Life and Group Life policies are valued at 51,00. The market value information furnished on this statement has been obtained from sources that we believe to be reliable and is furnished for the exclusive use of the client. We make no representation,warranty or guarantee, express or implied,that any stated value represents the actual price at which the asset could be bought or sold or new transactions could be entered into,or that such value represents the actual terms upon which existing transactions could be completed. Additionally,you may not rely on this valuation for tax reporting,credit applications,etc. The Change In Market Value represents the portion of the overall change in your investment account balance between This Statement and Last Statement that is the result of changes in the value of the securities held in your portfolio due to market fluctuations. The Net change in total account value Ole represents the percentage that your Total Account Value increased or decreased between This Statement and Last Statement. It is calculated by subtracting Total Account Value Last Statement from Total Account Value This Statement and then dividing by Total Account Value Last Statement. This percentage change does not represent the investment performance of your account. A copy of the most recent audited financial statements for your common or collective fund holdings or a copy of the prospectus for any of your mutual fund holdings is available upon request.Please contact your trust officer for guidance on how to request a copy. M co O O M_ Fifth Third Bancorp provides access to investments and investment services through various subsidiaries. Securities,Investments and Investment Services: Are Not FDIC Insured I Offer No Bank Guarantee May Lose Value 0 G 2012 Fifth Third Bank Are Not Insured By Any Federal Government Agency Are Not A Deposit H- F Page 3 of 4 FIFTH THIRD BANK This page intentionally left blank. Page 4 of 4 S