First Seafront Fund

The excess return of equity investment over the past 1 year ranks 9/116
The absolute return of equity investment over the past 1 year ranks 9/117

Haitong Securities Fund Excess Return Ranking

TYPE	OVER THE PAST 6 MONTHS		OVER THE PAST YEAR		OVER THE PAST 3 YEARS
TYPE	EXCESS RETURN(%)	RANK	EXCESS RETURN(%)	RANK	EXCESS RETURN(%)	RANK
EQUITY	11.6	13/125	3.74	9/116	9.85	15/98

Haitong Securities Fund Absolute Return Ranking

TYPE	OVER THE PAST 6 MONTHS		OVER THE PAST YEAR		OVER THE PAST 3 YEARS
TYPE	ABSOLUTE RETURN(%)	RANK	ABSOLUTE RETURN(%)	RANK	ABSOLUTE RETURN(%)	RANK
EQUITY	28.42	12/126	9.67	9/117	28.33	10/98

Source: Haitong Securities “Excess Return of Funds” and “Absolute Return of Funds”, 2019-06-30. The calculation of excess return of fund management companies refers to the same interval of the growth rate of the fund's net value minus the performance of the fund. The result of the rate of return; the absolute return refers to the average net value growth of the active fund's net value growth rate managed by the fund company according to the weighted management assets during the period; the past data does not represent the future performance, and the fund investment needs to be cautious.

Dazzling Long-Term Performance

Products Established over 3 Years:

7 Products Ranking Top 10 in their Categories
12 Four-Star Products

NAME /TICKER	PERFORMANCE OVER THE PAST 3 YEARS		THE 3-YEAR STAR RATE
NAME /TICKER	NET GROWTH RATE (%)	RANK	THE 3-YEAR STAR RATE

Standard Equity Fund (Class A)

Refinancing Stock (001178)	77.89	2/106
Dividend Rate Top 100 Stocks (000916)	27.60	32/106
Strong Consensus 100 (001849)	18.23	47/106

Flexible Configuration Fund (0-95% upper and lower stocks+60%-100% of benchmark stocks) (Class A)

Industrial Revolution 4.0 (001103)	72.18	2/155
Clean Energy A (001278)	68.30	4/155
National Comparative Advantage (001102)	50.77	10/155
Event-Driven A (000423)	45.26	14/155
High-end Equipment Manufacturing (001060)	31.26	34/155
Mainland-HK Stock Connect Blue Chips (001837)	30.96	35/155

Fiexible Configuration Fund (0-95% upper and lower stocks+60%-100% of benchmark stocks) (Non-A)

Event-Driven C (001865)

44.10

1/20

Debt-type Fund (Class A)

Ruiyuan Steady Growth A (000932)

23.40

2/13

Convertible Bond Fund (Class A)

Convertible Bond (000536)

8.24

2/16

Source: Galaxy Securities “China Fund Performance Evaluation Report”, 2019-06-30, past data does not represent future performance, fund investment needs to be cautious.

Since this year, First Seafront Fund’s products have been TOP 1 in index-enhanced, flexible configuration, and FOF.

FUND CODE	NAME	INCEPTION	LATEST NAV(%)	LATEST RANK	CUMULATIVE NAV(%)

FOF - Hybrid FOF - Hybrid FOF (Equity Assets 0-30%) (Class A)

005809

First Seafront Yuyuan (FOF)

2018/5/16

27.50%

1/7

22.78%

Equity Fund – Standard Equity Fund – Standard Equity Fund (Class A)

001178

First Seafront Refinancing Stocks

2015/5/18

44.20%

4/183

61.26%

Equity Fund – Index Enhanced Equity Fund – Index Enhanced Thematic Equity Fund (Class A)

001027

First Seafront CSI Agricultural Index Enhanced

2015/2/13

38.10%

1/9

-10.10%

Hybrid Funds - Flexible Configuration Funds - Flexible Configuration Funds (0-95% of stock upper and lower limits + 60%-100% of benchmark stocks) (Class A)

001679	First Seafront China Scarce Assets Hybrid A	2015/9/10	57.91%	1/462	23.80%
004496	First Seafront Multi-Strategy Hybrid A	2017/7/3	53.25%	5/462	36.69%
001102	First Seafront National Comparative Advantage Hybrid	2015/5/8	47.98%	10/462	54.20%
001875	First Seafront Mainland-HK Stock Connect Advantage Selection Hybrid	2016/4/19	47.19%	11/462	86.06%
001103	First Seafront Industrial Revolution 4.0 Hybrid	2015/3/27	45.24%	13/462	64.96%
006216	First Seafront Value Growth Hybrid A	2018/9/19	43.62%	16/462	46.52%
001278	First Seafront Clean Energy Hybrid A	2015/6/16	43.48%	17/462	60.94%
002407	First Seafront Hengyuan Flexible Configuration Hybrid	2018/4/4	43.38%	19/462	37.34%

Hybrid Funds - Flexible Configuration Funds - Flexible Configuration Funds (0-95% of stock upper and lower limits + 30%-60% of benchmark stocks) (Class A)

005301

First Seafront Jingxin Hybrid A

2018/1/26

38.23%

13/446

56.76%

Hybrid Funds - Flexible Configuration Funds - Flexible Configuration Funds (0-95% of stock upper and lower limits + 0%-30% of benchmark stocks) (Class A)

005505

First Seafront Fengxin Hybrid A

2018/3/21

31.09%

3/83

40.29%

Hybrid Funds - Bond Funds - Bond Funds (Class A)

000932	First Seafront Ruiyuan Steady Growth Hybrid A	2015/1/14	14.73%	5/102	37.90%
003218	First Seafront Xianghe Bond A	2016/11/28	13.31%	4/228	18.20%

Source: Galaxy Securities "China Fund Performance Evaluation Report", 2019-06-30, past data does not represent future performance, fund investment needs to be cautious.

Our Investment Performance