Top 10 Largest Investments

JPMorgan Fleming American IT PLC
4 October 2004


September-04

JPMorgan Fleming Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments
JPMorgan Fleming American Investment Trust

Microsoft                                                                        3.4
Pfizer                                                                           3.2
General Electric                                                                 3.2
Exxon Mobil                                                                      3.2
Citigroup                                                                        3.0
Qualcomm                                                                         2.5
Johnson & Johnson                                                                2.4
JPMF America Micro Cap                                                           2.3
IBM                                                                              2.1
Comcast                                                                          1.8

                                                                                27.1



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