Easy Saver Portfolio

Issuer: MWF Financial Limited Available in US Dollars

Contents
1. Portfolio Overview 2. High-Frequency Trading at a Glance 3. How is the Return Calculated? 4. Portfolio Holdings 5. Important Points to Note 6. Considering This Portfolio 7. Past Performance Indicators 8. Management Fees 9. Terms and Conditions 10. Schedule

Please take the time to read this brochure carefully and thoroughly, including all of its terms and conditions. Information included in this brochure does not constitute legal, tax or investment advice and should not be interpreted as a solicitation of investment from jurisdictions where MWF Limited has no legal right to do so. If you are unsure about the contents of this brochure, or this portfolios suitability towards your needs, you should seek advice from an accredited advisor or another investment professional.

02

1. Portfolio Overview

Summary
The Easy Saver portfolio is a flexible, low-risk investment option aimed at investors looking for short-term placements that earn better than average returns, while retaining the flexibility of a savings account. This portfolio utilizes high-frequency trading techniques while following the upward market trends of 15 U.S. large-cap stocks. All assets are liquidated at the end of the business day. At the end of each week, all daily gains are summed up and you will accrue a return equal to your portfolios performance for that week.

Repayment of Capital
This portfolio does not have a fixed term. However, withdrawal of capital is restricted in the first 30 calendar days following the initial investment. Any subsequent addition to the portfolio will trigger a new 30 calendar day restriction on withdrawal of capital. A premature withdrawal fee of 25% will be levied on any capital withdrawn prior to the end of this restriction. Upon the 31st day, following investment, capital can be repaid in full, without penalty.

Reinvestment of Return
This Easy Saver Portfolio allows you to reinvest your returns

Potential Return
The Easy Saver portfolio follows upward market trends of 15 carefully chosen U.S. stocks. The sum difference between opening and closing quotes of the stocks the portfolio is composed of will be translated into daily returns which are paid into the investors current account at the end of each week. In the case where the sum difference between the opening and closing quotes equals zero, or in a case where the sum difference is negative, no profit or loss will accrue for that business day. The total return is calculated by the issuer at the end of each week and posted to your account on Friday at 18:00 Eastern Standard Time. Due to extreme market volatility in the last moments of trading some assets are liquidated before the closing quote has been set. Therefore, a marginal discrepancy between published and actual figures in aggregate weekly returns can occur.

back into the portfolio. Reinvestment levels can be set at either 25, 50 or a 100%. Reinvestment of your returns has the potential to boost your aggregate returns by as much as 40%.

European Savings Directive.

All returns are gross payments and subject to taxes in your country of residence. Returns on this investment fall outside the scope of ESD and taxes will not be withheld from returns credited to your account in case you are an EU resident.

03

2. High-Frequency Trading at a Glance

Summary
High-frequency trading is an innovative investment strategy that allows us to place multiple buy/sell orders on a range of securities during the course of the day. Highly sophisticated software, designed by our in-house IT team, follows market trends and is able to make informed trading decisions with little intervention from portfolio managers. This strategy allows capital to be invested into securities for no more than a few minutes and therefore risks associated with high-frequency trading are miniscule.

HFT 26% of all market trading volume in 2006

HFT 61% of all market trading volume in 2009

HFT as a Low Risk Investment Strategy

There are several reasons why high-frequency trading does not involve the same amount of risk as conventional equity trading. First, firms that utilize high-frequency trading do not accumulate positions. This means that firms such us ourselves are not exposed to risks associated with market downturns. Second, high-frequency trading does not require firms to employ significant leverage, thereby limiting a firms exposure to risks associated with the inherent instability of equity markets. Lastly, firms engaged in high-frequency trading usually liquidate all their positions at the end of the day, thereby limiting the risk of losses that may occur in after-hours trading. Although some large hedge funds utilize HFT for part of their placements, none of the firms currently on the market It is evident that high-frequency trading is becoming more and more popular among many investment firms. However, until recently HFT had remained largely in the hands of small investment funds who were in the market mostly for themselves.

HFT 73% of all market trading volume in 2011

HFTs Rise in Popularity

High-frequency trading firms account for 3% of approximately 22,000 investment firms on the market. The total equity trading volume of high-frequency trading firms accounts for 73% of total all-market trading volume.

offer portfolios based exclusively on high-frequency trading. The reason for this is as follows: investment portfolios that subscribed over $500 million would significantly influence market trends of securities that they would trade, thereby defeating the purpose of high-frequency trading strategy. Instead of following market trends, they would set the trends, thereby making it impossible to profit from their operations.

Limited Subscription Portfolios

Our portfolios have limited subscriptions because we intend to remain a mid-size investment firm. It is therefore feasible for us to utilize HFTs exclusively in our investment portfolios, and therefore deliver the advantages of this innovative investment strategy to private and institutional investors such as yourself.

04

3. How is the Return Calculated?

Investors are offered 100% participation in a portfolios performance. All gains from said portfolios are paid to investors as returns.

4. Portfolio Holdings

This portfolio invests in 15 U.S. large-cap1 stocks.

98% Large-Cap
Returns are calculated by designated issuers at the end of each business day by subtracting the aggregate value of each stock an invested portfolio trades at the beginning of the trading session, from the value of each stock within the same portfolio at the end of the trading session. No returns will be accrued when the aggregate value of the portfolio at the beginning of the session is equal to, or less than, that same portfolios value at the end of the trading session. Daily returns are then tallied and paid to current investor accounts at the end of each week. This portfolio can not generate a loss. HFT strategy is applied during the trading session in this portfolio. Managing software, under the careful observation of the portfolio managing staff, follows the upward trends of the equities that make up the portfolio. Holdings are then liquidated on downward movements and reacquired when stock prices have reached the level where managers believe a further rise in stock prices is sustainable. Although HFT would allow this portfolio to yield profits on all intraday upward movement of the stocks, our conservative approach to risk restricts us from engaging in this kind of market-making.
1

2% Gold and Convertible Bonds

Table of Holdings:
SyMbOL bbby DGX DTV HCP EPD NSC TMO ADP AXP bMO CAH CTL INTC PFE AZN Company Name Bed Bath & Beyond Inc. Quest Diagnostics Inc. DIRECTV HCP, Inc. Enterprise Products Partners L.P. Norfolk Southern Corp. Thermo Fisher Scientific, Inc. Automatic Data Processing, Inc. American Express Co. Bank of Montreal Cardinal Health, Inc. CenturyLink, Inc. Intel Corporation Pfizer, Inc. AstraZeneca PLC

With market capitalization in excess of $10 billion

Two percent of each investors portfolio holdings is placed in convertible bonds and gold as a reserve to cover any minor losses that may be encountered during trading operations. Income from this two percent is also held in reserve. Investors are not paid dividends according to portfolio holdings at the end of each business day. Investors receive profits only according to HFT returns on trades made during regular trade operations.

05

5. Important Points to Note

This portfolio does not take advantage of declining market trends. When markets are down and the aggregate portfolio value is zero or negative, no profit or loss is accrued for that trading day. Capital is guaranteed only if its withdrawal is requested after 30 calendar days from the initial investment. The 30 day restriction will begin again if and when any additional funds are added to the portfolio balance, excepting when those additional funds are automatically reinvested into the portfolio from said portfolios returns. Investment portfolios are not guaranteed by a third party. MWF Financial Limited is not a bank, and does not participate in any kind of Deposit Compensation Scheme. Repayment of capital depends solely on the ability of MWF Financial Limited to pay such amounts when they are due. Minimum investment into this portfolio is $100. The portfolio has a limited subscription. As a consequence, we do not accept investments in excess of $5 million into this portfolio. Investors who wish to invest amounts in excess of $5 million should contact our Wealth Management team for further advice. Such investment amounts can be accommodated by other investment products.

6. Considering This Portfolio

To help you decide if this portfolio is right for you, here is a summary of some key points you should think about. If in doubt, contact your accredited advisor for further assistance.

Yes, this portfolio is right for me because: I want to earn higher than average return on investment by investing into a firm utilizing HFT and other modern technological trading methods. I am happy to invest with a medium-sized investment firm. I believe my account will receive more attention due to the subscription limits that the company has on its investment products. I will not need to access my original deposit (capital) within the first 30 days following my initial investment. I am comfortable with my investment being directly linked to market performance. I want my capital to be guaranteed and I want to be sure that I will not receive less than I originally invested.

No, this portfolio is not right for me because: I may need to access a substantial part of my original

Income from this portfolio is subject to our standard management fees. Management fees are deducted at the time the income is credited to your account. See the Management Fees Table of this brochure for further information.

deposit (capital) within the first 30 days following my initial investment I do not trust medium-sized, unregulated investment companies. I wish to invest with a large, known and reputable firm. I am not comfortable with my investment being directly linked to market performance. I need a peace of mind that comes with fixed returns on investment. I believe that management fees levied on portfolio income are excessive. I am not comfortable with investing outside my country.

06

7. Past Performance Indicators

Please keep in mind that past performance does not guarantee future results. It can only serve as in indicator of how this portfolio may perform in the future. TIME PERIOD 10 July - 10 August 2012 10 May - 10 August 2012 10 February - 10 August, 2012 10 August 2011 - 10 August, 2012 Inception (12 May, 2010) - 10 August 2012 Return 5.2% 20% 38% 94% 139%

8. Management Fees

MWF Financial Limited operates a fair and transparent fees structure. Income earned on portfolios is passed on to investors. MWF Financial Limited does not retain any part of the income, with the exception of management fees that are fixed for the whole term of the investment. The management fees vary according to the amount invested by the client. below is a table that shows how management fees are calculated: Amount Invested Less than $5000 $5001 - $25000 More than $25001 Regular Investor Accredited advisor 12% 8% 4% 8% 6% 4%

As of 10 August, 2012, the average weekly income paid by this portfolio since the start of the year was 1.31%.

Private and Institutional clients pay a flat rate of 2% on income received on their investments with MWF Financial Limited.

Terms and Conditions

This investment portfolio is marketed and sold through Fleet Mutual Wealth Limited, Hong Kong. The issuer and manager of the portfolio is MWF Financial Limited, Cyprus. 1. Investment into the Easy Saver portfolio (MWES) is subject to the general terms and conditions of investments posted on our company website and spelled out in this brochure. This portfolio is open exclusively to current account holders of Fleet Mutual Wealth Limited. 2. Investment into the Easy Saver Portfolio constitutes a private placement with MWF Financial Limited. by investing, the client does not acquire shares of MWF Financial Limited. Neither does the client acquire shares in other publicly traded companies that constitute part of the Easy Saver Portfolio. 3. by investing into the Easy Saver Portfolio, the client executes an investment contract. The terms of the investment contract include the general terms and conditions and the terms and conditions of investment into the Easy Saver Portfolio. 4. Profits on investment in the Easy Saver Portfolio are subject to management fees, as per the Management Fees Table provided in this brochure. 5. The minimum term of investment into the Easy Saver Portfolio is 30 calendar days. Full or partial withdrawals from the portfolio prior to the expiration of the full 30 day period will carry a 25% early withdrawal penalty. Additional investments into this portfolio are subject to the minimum term, excepting the immediate reinvestment of returns derived from said portfolio. 6. Profits on investment in the Easy Saver Portfolio can be automatically reinvested back into the portfolio. There is no minimum reinvestment requirement on this portfolio. 7. The aggregate value of stocks that this portfolio trades is calculated at the end of each business day. A positive gain in the aggregate value is translated into a percentage gain on investment. The gains on investment are summed up and paid into the clients account at the end of the week. In cases where the aggregate value of stocks in the portfolio has decreased, no profit is generated for that day. 8. Profits are not accrued for days when stock market trading is disrupted due to public holidays in market jurisdictions or unforeseen events. At times, portfolio managers can interrupt trading operations when markets are extremely volatile and managers decide that further involvement will carry with it an unnecessary amount of risk. 9. This portfolio is available to persons aged 18 years or over and Corporate and Trust clients. 10. If you reside, or move to a jurisdiction in which MWF Financial Limited is not properly licensed or authorized, MWF Financial Limited reserves the right to refuse your deposit, decline to open an account, or close your account with a 30 calendar day prior notice. 11. This portfolio is not available to persons residing in Cuba, Sudan, Syria, North Korea, Cyprus (Greek), Hong Kong SAR, Liberia and Myanmar. 12. MWF Financial Limited shall inform you of changes to the contents of this brochure and the company website that may affect the terms and conditions of your investment. 13. Fleet Mutual Wealth Limited and MWF Financial Limited have the right to refuse any new account applications and/or deposits from clients.

PORTFOLIO Inception date Issuer Currency Minimum deposit Maximum deposit Capital withdrawal restriction Early withdrawal penalty Reinvestment requirement Reinvestment options Charges Returns Capital guarantee

Mutual Wealth Easy Saver Portfolio 12 May 2010 MWF Financial Limited US Dollar USD 100 USD 5 million 30 calendar days

25% of withdrawal amount None 25%, 50%, 100%

Subject to management fees published in this brochure. HFT on long positions. 100% participation. 100% capital guarantee if no withdrawals requested before 30 calendar days from initial or additional deposit.

07

Fleet Mutual Wealth Limited Wheelock House | 20 Pedder Street Central | Hong Kong Tel. 852-3-9733868 | Fax. 852-3-0159056 Web. www.mutualwealth.com E-mail. info@mutualwealth.com