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AGGRESSIVE INVESTOR FUND
FOR DISCERNING
INTERNATIONAL INVESTORS

OVERVIEW
The Aggressive Investor Fund invests in "emerging" international public companies where significant rates of return might be achieved. The Fund's investment strategy is to diversify portfolio holdings to manage and minimize risk exposure. Furthermore, within this Fund, investors, relative to their personal preferences, may select one or more of the following "investment areas" in which to allocate their resources: 1. "Bonds"; 2. "Environment*"; and/or, 3. "Shares." (*In the "Environmental Investment Area," portfolio holdings will consist of securities issued by companies that are "acting responsibly to enhance, restore, and/or protect" global resources and natural environments.) Selected Registered Investment Advisors (RIAs) with proven market-performance acumen serve this Fund in selecting and managing its investment portfolio.

THE AGGRESSIVE INVESTOR
This Fund appeals to international investors who are "aggressive" in their investment philosophies. Generally, their personal preferences are for securities that have entered or are expected to enter a "high-growth" phase in their unique markets. Such securities typically might have commensurately higher risks when viewed relative to "historical performance" records which might be minimal or nonexistent relative to the respective companies and their specific industry segments. Such securities might best be considered as "long term" in nature, keeping in mind that "TIME" - not the "TIMING" of the investment - historically brings above-average success in the marketplace.

"Aggressive" investors, depending on their personal preferences and objectives, may elect to place all or a major part of their discretionary monies in the Aggressive Investor Fund. Others may "balance" available assets between this Fund and the other FIRST FUND funds to gain significant "diversification" advantages.

MARKETPLACE ALTERNATIVES
Among other alternatives not listed, securities owned by the Aggressive Investor Fund might include a diversified portfolio with some or all of the following general "industry groupings" represented:

BIOLOGICAL

COMMUNICATION

COMPUTER

CONSUMER DURABLE

EARTH RESOURCE

ENVIRONMENTAL

MEDICAL AND PHARMACEUTICAL

ROBOTICAL

SPACE AND AERONAUTICAL

SPORTS AND RECREATIONAL

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Important Prospective-Investor Information

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Last modified: 03 February 1998 19:25:13 Hours