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   Fund Overview

   Through investing in exchange traded funds and other financial tools in developed markets, this Fund diversifies investment risks internationally and seeks long-term value-adding of its assets. The scope of investments of this Fund covers liquid financial tools, including the exchange traded funds (ETF), bonds and currency market tools registered with the securities regulatory bodies of countries or regions that have signed with China Securities Regulatory Commission (CSRC) memoranda of understanding regarding bilateral regulatory cooperation and other financial tools in which China Securities Regulatory Commission (CSRC) allows this Fund to invest. The target markets of ETF are developed American, European and Asia-Pacific countries and regions, specifically Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong Special Administrative Region, Ireland, Italy, Japan, Holland, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, Britain and U.S.A. The investment strategies of this Fund are mainly divided into two parts: assets allocation strategy and single financial product selection strategy. Investing the assets of this Fund in stocks and bonds of global mature markets will be the main source of excess returns for this Fund.

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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