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Fund Overview

Multi-Strategy Growth Fund divides the domestic A share into 4 styles by market cap and PB. It takes the style rotation strategy and invests in the most profitable style section. For each style, it does stock picking to find the stock with the best performance. This fund product is learnt from the Multi Strategy Allocation Fund of SGAM Paris, which has been achieving an outstanding performance since its launch in 1991. The accumulated return from 1990 to 2003 reaches 230%. By the end of 2003, the fund scale is USD 27 billion.

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Hwabao WP Fund Management Co.,Ltd. 58/F Shanghai World Financial Center,100 Century Avenue,ShangHai,China 200120

TEL:+86 21 38505888Office Fax:+86 21 38505777Hot Line:400-700-5588Customer Service Fax:+86 21 38924555

Website:www.fsfund.com