.
Lower Risk with the Potential for High Returns—NOW
You Can Have the Best of Both Worlds
in Investment Portfolio Fund!
To reduce the risk of exposing your money to the ups and downs of direct investment into shares，your money will be spread across a wide range of investments from all over the world with the aim of achieving steady long term growth．This has always been the aim of our long established and highly successful Investment Portfolio Fund，made up of a balanced selection of different investments as explained by the chart below．

 
To manage these investments，we rely on no less than five leading fund managers with proven expert skill as specialist in their chosen investment fields. With their different approaches to investment, these five fund managers have been specially selected by Marks and Spencer Financial Services as we believe they will exchange their opinion with each other perfectly in meeting our overall aim for the fund of consistent growth. This balanced management approach, not only gives the potential to achieve better results than market averages in individual industry but also allows quick reactions to protect your interests in the event of market downturns.  
So who are the fund managers selected to look after your Investment Portfolio Investment and what exactly will they be doing on your behalf?
BARCLAYS GLOBAL INVESTORS LTD
BGI have been chosen to track the FTSE A1l Share Index (指数)．For this，they have put together a portfolio of shares which closely resembles the UK equity market as a whole．
BAILLE GIFFORD
EBG will be looking for companies that can offer excellent growth chances．
GMO WOOLLEY LTD
Their expert skill is in finding companies which they believe are valued at less than they are worth．In this，they have developed advanced research methods to identify under-valued companies．
CLAY FlNLAY
By looking at global political and economic trends as well as individual companies，Clay Finlay can identify international market opportunities and especially select companies with strong growth chances．
ROTHSCHILD ASSET MANAGEMENT
Rothschild aims to add stability and income to the Fund by investing in government bonds(公债)and other fixed interest securities．
And with Marks&Spencer Financial Services, you'll also have the reassurance that your interests will be looked after by a name you know you can really trust for quality，honesty and value every step of the way．
It all adds up to a tremendous opportunity for savers looking for a lower risk way to make more of their money with the extra boost to their profit potential of saving tax free through an ISA，so what are you waiting for?
1．The text is most likely to be found in   ．
A．a scientific research report         B．a travel magazine
C．a weekly newspaper                  D．a geography textbook
2．Who will be most interested in reading the advertisement?
A．Accountants．                        B．Students．
C．Investors．                                 D．Professors．
3．What is the function of Investment Portfolio Fund?
A．Exposing your money to the ups and downs of the direct investment into shares．
B．Helping lower risk with the potential for higher returns．
C．Hiring no less than five leading fund managers．
D．Giving a detailed description of balanced management requirement．
4．Which of the following statements is NOT true according to the text?
A．The five fund managers with different approaches to investment can cooperate with each other perfectly．
B．Marks&Spencer Financial Services reassure the investors that their interests will be well    1ooked after．
C．Clay Finlay can identify international market opportunities and especially select companies    with strong growth chances．
D．Gmo Woolley will be looking for companies that can offer excellent growth chances.

One dark stormy night, an elderly couple hurried into a hotel and asked whether they could be  36  for the night, “I’m very sorry,” the clerk on night shift said politely, “we are all  37 tonight.  38 ,you could stay in my room if you don’t mind. I’m 39 ,so I’ll be here.” The young man gave the sincere advice.

The elderly couple accepted his  40  with gratitude. They apologized for the  41  they had caused him. The next day, the rain stopped and it  42 . When the old gentleman went to pay his bill, the same clerk said, “The room you and your wife stayed in is not a proper   43  room in this hotel, so you don’t need to pay.”

The old gentleman nodded in  44  : “You are an employee that every boss in the hotel business would dream of . Perhaps someday I’ll build a hotel for you.” The clerk was  45  but, deciding that the guest must have been 46  , he gave the remark  47 thought.

Two years later, the young man received a letter from the old gentleman, in which he  48 the experience of that dark stormy night. The letter also  49 a formal invitation, asking that young man to pay a visit.

At a street corner in Manhattan, the young man met his  50  guest. The old gentleman, pointing to a magnificent new building  51  over the crossroads, “Look, that is the hotel I 52 to build for you. I hope you will  53  it for me .Remember what I said then? Well, I was  54  about it.”

The young man stammered, “But…will there be any   55 , sir? Why do you choose me? And who are you?”

“My name is William Aster.” This building was none other than the Waldorf-Astoria Hotel, a symbol of supreme status and honor in New York.

1.	A．put up B．put away C．stay up D．set up

 

2.	A．preserved B．conserved C．booked D．occupied

 

3.	A．Meanwhile B．Moreover C．Otherwise D．However

 

4.	A．on duty B．on display C．on stage D．on hand

 

5.	A．service B．view C．offer D．invitation

 

6.	A．Instruction B．consideration C．Inconvenience D．interruption

 

7.	A．cleared away B．picked out C．cleaned up D．cleared up

 

8.	A．living B．double C．admirable D．luxury

 

9.	A．appreciation B．admiration C．surprise D．excitement

 

10.	A．excited B．skeptical C．annoyed D．respectful

 

11.	A．lacking B．covering C．joking D．cheating

 

12.	A．not more B．no more C．some D．another

 

13.	A．described B．stated C．recited D．recalled

 

14.	A．swapped B．included C．attached D．added

 

15.	A．former B．original C．formal D．primitive

 

16.	A．displaying B．towering C．flying D．hovering

 

17.	A．determined B．promised C．tended D．intended

 

18.	A．get B．keep C．manage D．make

 

19.	A．sensitive B．concerned C．curious D．serious

 

20.	A．Scene B．situation C．condition D．Occasion

 

Head of Research Satary: & 55.271 We are looking for a Head of Research to manage the CWU research Department and information Centre. You would be required to excrcise control of all researchers work of the depertment and manage a team of three researchers and four support staff. The person appointed would be expected to carry out research work of a strategic nature across the range of businesses in which the CWU has or seeks membership and to contribute to the strategic thinking and direction of the union as a whole. You will need: proven line management skills, especially in managing and motivating a team; good research skills, holding a good degree in a related subject or other similar experience; a high level of mathematical and calculating skills; the ability to produce high quality work under pressure; a commitment to and knowledge of the trade union movement and social demotic  politics; and knowledge and/or experience of the postal and/or telecommunications industry。 To apply ：please request an application pack by emailing hr@ cwu.org or by telephoning HR (Human Resources ) on 020 8970 7482. When applying please stay your source. Closing Date for Applications:4th August 2010 Anticipated interview date:17th August 2010 No agencies please

1.In which column of a newspaper could we find this advertisement?

       A.Arts.                  B.Sales.                 C.Jobs.           D.News.

2.One of the duties of the person to be appointed is_________.

       A.taking charge of research work

       B.seeking membership for the trade union

       C.mannaging a team of three or four members

       D.runing a telecommunications company

3.If you apply for this position, you can do all EXCEPT_________

       A.ask an agency for an application form

       B.dial 020 8971 7482 for more information

       C.email hr@ cwu.org for an application pack

       D.send in your application before 4^th August 2010

4.Which of the following applieans is most likely to be employed?

       A.A school teacher with a master’s degree.

       B.A university graduate majoring in computer science.

       C.A director from a research center with a master’s degree.

       D.A clerk from the telecommunications company

Thank you for all your hard work last week. I don’t think we ____ it without you.

A. can manage              B. could have managed

C. could manage            D. can have managed

Winners Club

You choose to be a winner!

The Winners Club is a bank account specially designed for teenagers．It has been made to help you better manage your money．The Winners Club is a transaction account(交易账户)where you receive a key-card so you can get to your money 24／7---that’s 24 hours a day，7 days a week!

It’s a club with impressive features for teenagers：

●No account keeping fees!

You’re no millionaire so we don’t expect you to pay large fees．In fact，there are no account keeping or transaction fees!

●Excellent interest rates!

You want your money to grow．The Winners Club has a good rate of interest which gets even better if you make at least two deposits(储蓄)without taking them out in a month．

●Convenient

Teenagers are busy—we get that．You may never need to come to a bank at all．With the Winners Club you can choose to use handy tellers and to bank from home using the phone and the Internet…You can have money directly deposited into your Winners Club account．This could be your pocket money or your pay from your part-time job!

●Mega magazine included

Along with your regular report，you will receive a FREE magazine full of good ideas to make even more of your money．There are also fantastic offers and competitions only for Winners Club members．

The Winners Club is a great choice for teenagers．And it is so easy to join．Simply fill in an application form．You will have to get permission from your parent or guardian (so we can organize that cool key-card) but it is easy．We can’t wait to hear from you．It’s the best way to choose to be a winner !

1.The Winners Club is a bank account intended for__________．

A．parents

B．teenagers

C．winners

D．adults

2.Which of the following is TRUE about the Winners Club?

A．Special gifts are ready for parents．

B．The bank opens only on work days．

C．Services are convenient for its members．

D．Fees are necessary for the account keeping．

3.The Winners Club provides magazines which___________．

A．encourage spending

B．are free to all teenagers

C．are full of adventure stories

D．help to make more of your money

4.If you want to be a member of the Club，you must_________．

A．be an Internet user

B．be permitted by your parent

C．have a big sum of money

D．be in your twenties

5.What is the purpose of this text?

A．To set up a club．

B．To provide part-time jobs．

C．To organize key-cards．

D．To introduce a new banking service．