Raymond James Cash Sweep Programs

Notice of change to the Raymond James cash sweep options, effective July 9, 2010

Raymond James currently offers the Eagle Cash Trust Money Market Fund and the Eagle Cash Trust Municipal Money Market Fund as deposit options for the transfer, or “sweep,” of available cash balances (from securities transactions, dividend and interest payments, and other activities) in clients’ brokerage accounts.

Raymond James will continue to follow the same interest payment guidelines currently established for the Eagle funds. The new funds – the JPMorgan Prime Money Market Fund and the JPMorgan Tax Free Money Market Fund – are both rated AAAm by Standard & Poor’s (S&P) and Aaa by Moody’s.*

Clients using either of the Eagle sweep options as of July 9 will be automatically converted to the new J.P. Morgan funds on July 9. Foreign-held accounts will be excluded from this conversion because of the tax treatment of investments held within the funds, and instead were converted to the Raymond James Bank Deposit Program on July 6. Foreign-held accounts that are ineligible for the Raymond James Bank Deposit Program, including following account types, will be converted to the Client Interest Program: Corporation, Foundation, Investment Club, Limited Liability Company, Partnership and Unincorporated Association.

View the J.P. Morgan funds’ full prospectus here. For additional questions, please contact your financial advisor or Raymond James Client Services at 800-647-7378.

An investment in the J.P. Morgan money market funds is neither guaranteed nor insured by the FDIC or any other government agency. Although money market funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in money market funds. Investors should carefully consider the investment objectives, risks, charges and expenses of money market funds before investing. The prospectus contains this and other information about the funds. The prospectus is available from your financial advisor and should be read carefully before investing.

* A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency. Ratings are subject to change and do not remove market risk.

Eagle Class – JPMorgan Money Market Mutual Funds

Eagle Class – JPMorgan Prime Money Market Fund and Eagle Class – JPMorgan Tax Free Money Market Fund

The minimum required cash balance to participate in the automatic cash sweep program is $1,000. Clients with balances less than $50 in their money market accounts may periodically have their balances transferred to noninterest-bearing cash positions. If their accounts subsequently reach $1,000 in available cash, the cash will be swept back to the applicable money market funds. The $50 balance transfer and $1,000 minimum policies do not apply to qualified retirement accounts.

Investments in the Eagle Class – JPMorgan money market funds are neither guaranteed nor insured by FDIC or any other government agency, although such investments are generally eligible for coverage provided by SIPC and excess SIPC. While these funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the funds. Investors should carefully consider the investment objectives, risks, charges and expenses of the Eagle Class – JPMorgan money market funds before investing. The prospectus contains this and other information about these funds. The prospectus is available from your financial advisor and should be read carefully before investing.