337 Frontier Capital LP

ITEM 5. FEES AND COMPENSATION

337 Frontier Capital Advisory Fees: The fees and services for each Client arrangement are individually
negotiated, depending on various factors, but are calculated as a percentage of assets under management. Advisory

fees generally range between 118 basis points to 165 basis points annually. Advisory fees are billed quarterly in
arears based on the month end market value of the Client’s portfolio.

General Information:

Advisory Fees in General: 337 Frontier Capital believes that its fees are competitive with the fees charged by
other investment advisers for comparable services. However, comparable services may be available from other
sources for lower fees than those charged by 337 Frontier Capital.

Private Fund Fees: Investors in the Fund should refer to the Fund's offering memorandum and operating
agreement (“governing documents”) for important information regarding fees and expenses related to an
investment in the Fund. These documents are only available directly from the issuer/sponsor of the Fund.

Other Fees and Expenses: In addition to fees paid to our Firm, as appropriate, a Client is also responsible for
transaction fees, as well as other fees and brokerage charges associated with the execution of trades in Client
portfolios. Custodial fees, and transaction costs related to frontier assets and emerging markets are significantly
higher than those in developed countries. Item 12 further describes the factors that 337 Frontier Capital considers
in selecting or recommending broker-dealers for Client transactions and determining the reasonableness of their
compensation (e.g., commissions).

ITEM 7.       TYPES OF CLIENTS

We provide investment management services to a single private fund and separately managed accounts as
disclosed in Item 4 of this Brochure. Clients and investors may include high net worth individuals, endowments,
foundations, and other institutions.

337 Frontier Capital does not impose formal minimums under separate account arrangements. For Fund investors,
minimums are specified in the governing documents.