American Money Management LLC

Item 5 – Fees and Compensation

The annual fee ranges from 0.10% to 1.50% of assets being managed (“asset management fee”)
and may be negotiable depending on the size and complexity of the client’s account. Lower fees
for comparable services may be available from other sources.

The specific manner in which fees are charged by AMM is established in a client’s written
agreement with AMM. AMM collects its fees at the start of each quarter, in advance. AMM
directly debits its fees from client accounts. Management fees shall not be prorated for each
capital contribution and withdrawal made during the applicable calendar quarter. Accounts
initiated during a calendar quarter will be charged a prorated fee. Upon termination of any
account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will
be due and payable.

Financial planning services are generally included in the asset management fee that a client pays
AMM. For non-asset management clients, or in highly complex planning situations, AMM
typically charges a separate fee for financial planning. This is composed of a fixed fee, and/or
other hourly charges that may apply. Fees typically range between $2500-$5000. The specific
fee arrangement will be determined at the outset of the planning relationship and must be agreed
upon in writing by all parties.

AMM’s fees are exclusive of brokerage commissions, transaction fees, and other related costs
and expenses which shall be incurred by the client. Clients may incur certain charges imposed by
custodians, brokers, third party investment and other third parties such as fees charged by
managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire
transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. Mutual funds and exchange traded funds also charge internal management fees,
which are disclosed in a fund’s prospectus.

To the extent that clients of AMM are invested in mutual funds, they will be paying two advisory
fees – AMM’s fee and the fee of the adviser to the mutual funds (whose fees are described in the
mutual fund prospectus). When investing in mutual funds AMM seeks to buy the lowest cost
share class available. However, in many circumstances AMM may opt for a higher cost share
class if that class is available to be traded free of any commissions or transaction costs at the
broker dealer holding custody of the account. Since AMM periodically rebalances portfolios, we
believe the flexibility of trading in no transaction fee funds may offer advantages over
recommending a fund that is subject to transaction fees. Depending on how frequently we buy
or sell a fund, the overall cost to the client may actually be lower utilizing the higher expense no
transaction fee fund vs. the lower expense transaction fee fund. However, due to the uncertain
timing of when a fund rebalance trade may occur (triggering factors include price change of
underlying investments in the account, general market volatility, client deposits or withdrawals,
and strategy adjustments by the portfolio manager) there is no guarantee that a client will pay
lower fees by investing in the no transaction fee funds.

Such charges, fees and commissions are exclusive of and in addition to AMM’s fee, and AMM
shall not receive any portion of these commissions, fees, and costs.

Item 12 further describes the factors that AMM considers in selecting or recommending broker-
dealers for client transactions and determining the reasonableness of their compensation (e.g.,
commissions).

AMM may periodically recommend unaffiliated separate account managers for the management
of a portion of the assets that we advise. In these circumstances the client will be paying two
advisory fees – AMM’s fee and the fee of the separate account manager (whose fees will be
disclosed prior to the investment of funds with the separate account manager). At our discretion
AMM may choose to reduce our advisory fee on any portion of a client’s account being managed
by a separate account manager.

AMM Principal Gabriel Wisdom has been a shareholder and Director of Monterey Holdings,
LLC (“Monterey”) since 1994. Where appropriate, AMM officers and/or representatives may
recommend that qualified clients invest in interest bearing one-year notes that are issued by
Monterey Receivables Funding (MRF), a Monterey company. AMM principals and associates
will not receive any additional compensation or referral fees in consideration of recommending
AMM client assets to MRF notes. AMM’s compensation will continue to be based upon the
total asset value of a client’s account(s), including any portion invested in MRF notes. Clients
who choose to invest in MRF notes will be required to sign an AMM disclosure form explaining
Gabriel’s role with the company and the aforementioned compensation arrangement.
AMM may periodically recommend clients invest in Private Funds. These Private Funds are
unaffiliated with AMM. AMM’s compensation will continue to be based upon the total asset
value of the client’s account(s), including any portion invested in Private Funds. Clients who
choose to invest in private funds will be required to sign an AMM disclosure outlining AMMs
compensation and affirming that they have received and read the fund’s Private Placement
Memorandum (PPM). For purposes of billing, Private Funds are valued at the most recent
valuation provided by the fund. If the fund does not provide a post-purchase valuation then the
investment will be carried at original cost for purposes of calculating the advisory fee.
ERISA Accounts: AMM is deemed to be a fiduciary to advisory clients that are employee benefit
plans or individual retirement accounts (IRAs) pursuant to the Employee Retirement Income and
Securities Act ("ERISA"), and regulations under the Internal Revenue Code of 1986 (the
...

Item 7 – Types of Clients

AMM provides portfolio management services to individuals, high net worth individuals,
investment companies, corporate pension and profit-sharing plans, trusts, estates or charitable
organizations, corporations and other businesses. AMM’s minimum account size is $100,000;
however, accounts under $100,000 may be accepted on an individual basis at the discretion of
AMM.