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   Fund Overview

   The Fund will be investing in the financial tools assets with high liquidity such as constituent stocks of underlying index, new shares((IPOs and Seasoned Equity Offering in primary market), bonds and other financial tools that could be invested by the Fund according to the regulations of China Securities Regulatory Commission (CSRC).As an ETF, the fund normally invests more than 95% of fund assets in constituent stocks of underlying index and alternative constituent stocks; Meanwhile, in order to reach the investment objective more effectively, the fund will investment in the constituent stocks of underlying index, new shares, bonds and other financial tools that could be permitted by CSRC, but the allocation of these investment could be less than 5% of fund assts.

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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