Asia Pacific Financial Management Group Inc

Item 5. Fees and Compensation

Asia Pacific offers its services on a fee basis, according to the following schedule:

                         FEE SCHEDULE: ANNUALIZED FLAT FEE
                      Account Value                      Annualized Fee
                       $0-$249,999                           1.85%
                    $250,000-$499,999                        1.75%
                    $500,000-$999,999                        1.50%
                  $1,000,000-$2,999,999                      1.35%
                  $3,000,000-$4,999,999                      1.10%
                     Over $5,000,000                       Negotiable

Asia Pacific does not charge hourly fees.

Investment Management and Advisory Fees
Asia Pacific provides investment management services for an annual fee based upon a
percentage of the market value of the assets being managed by Asia Pacific. The annual fee
is prorated and charged quarterly based upon the market value of the assets on the last
business day of the quarter for all assets managed by Asia Pacific. Depending upon the
custodian chosen for the client and as disclosed in the client agreement, the fee may be
charged in advance or arrears. Asia Pacific's annual fee is exclusive of, and in addition to,
brokerage commissions, transaction fees, and other related costs and expenses that are
incurred by or assessed to the client by unaffiliated third parties. Asia Pacific does not
receive any portion of these commissions, fees, and costs.

Asia Pacific, in its sole discretion, may waive its minimum fee and/or charge a lesser
management fee based upon specific criteria (i.e., historical relationship, asset types,
anticipated future earning capacity, anticipated future additional assets, dollar amount of
assets to be managed, related accounts, account composition, account retention, pro bono
activities, etc.).

 If a client engages Asia Pacific for services beyond those provided under the client’s
Investment Management Agreement, the fee for such additional services will exceed the
standard fee schedule and will be mutually agreed upon in writing by the client and Asia
Pacific.

Asia Pacific Financial Management Group, Inc.

Fees Charged by Financial Institutions
Asia Pacific generally recommends that clients utilize the brokerage and clearing services
of certain broker-dealers and custodians for investment management accounts ("Financial
Institutions"). These Financial Institutions are not affiliated with Asia Pacific. Clients may
incur certain charges imposed by the Financial Institutions and other third parties. Such
charges may include but are not limited to, custodial fees, charges imposed directly by a
mutual fund or ETF in the account, which shall be disclosed in the fund's prospectus (e.g.,
fund management fees and other fund expenses), 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. Additionally, clients may incur
brokerage commissions and transaction fees. Such charges, fees, and commissions are
exclusive of and in addition to Asia Pacific's fee.

Fee Debit
Asia Pacific's client agreement authorizes Asia Pacific to debit the client's account for the
amount of its fee and to remit that fee to Asia Pacific directly. Any financial institution
recommended by Asia Pacific have agreed to send a statement to the client, at least
quarterly, indicating all amounts disbursed from the account, including the management
fees paid directly to Asia Pacific.

Fees for Management During Partial Months of Service
For the initial period of investment management services, the fees shall be calculated on a
pro-rata basis. Suppose assets are deposited into or withdrawn from an account after the
inception of a month. In that case, the fee payable with respect to such assets will not be
adjusted or prorated based on the number of days remaining in the month.

The Agreement between Asia Pacific and the client will continue in effect until terminated by
either party pursuant to the terms of the Agreement. Asia Pacific's fees are prorated through
the date of termination, and any remaining balance is charged or refunded to the client as
appropriate. Asia Pacific reserves the right to stop working on any account over 30 days
overdue. In addition, Asia Pacific reserves the right to terminate the relationship if it
reasonably believes that the client has refused to provide pertinent information when
necessary and appropriate to perform the services.

Item 7. Types of Clients

Asia Pacific provides services to individuals, pension and profit-sharing plans, trusts,
estates, charitable organizations, corporations, and business entities. Asia Pacific generally
requires a minimum account size of $250,000. Asia Pacific reserves the right, in its sole
discretion, to waive this minimum based on factors including historical relationship,
anticipated future asset levels, account composition, and other relevant criteria.