Top 10 Largest Investments

JPMorgan Fleming American IT PLC
1 November 2004


October-04
JPMorgan Fleming Investment Trust
Ten Largest Investments
in % of Total Assets.


Ten Largest Investments

JPMorgan Fleming American Investment Trust

Microsoft                                                                    3.5
General Electric                                                             3.3
Exxon Mobil                                                                  3.2
Pfizer                                                                       3.0
Citigroup                                                                    3.0
Qualcomm                                                                     2.6
Johnson & Johnson                                                            2.5
JPMF America Micro Cap                                                       2.3
IBM                                                                          2.1
Comcast                                                                      1.9
                                                                            27.4



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