Bradesco Global Advisors Inc

Item 5 – Fees and Compensation

Fee Schedule and Invoicing Policy:

Wrap Fee Program: For its retail clients, BGA offers investment advisory services and its
fees are a percentage of assets under management and generally range from 1.00% to
1.85%. BGA may, in its sole discretion, reduce or waive advisory fees for certain clients
for any period of time based on criteria such as anticipated future earning capacity,
anticipated future additional assets, dollar amount of assets to be managed, related
accounts, account composition, pre-existing/legacy client relationship, account retention
and pro bono activities.

Clients will pay an advisory fee as follows:

      For the first $100,000, the client pays a maximum annual fee of 1.85% of the
       account’s Net Liquidation Value,

      Then, from $100,000.01 to $250,000.00, the client pays a maximum annual fee
       of 1.75% of the account’s Net Liquidation Value,

      Then, from $250,000.01 to $500,000.00, the client pays a maximum annual fee
       of 1.50% of the account’s Net Liquidation Value,

      Then, from $500,000.01 to $1,000,000.00, the client pays a maximum annual fee
       of 1.25% of the account’s Net Liquidation Value,

      And then, from $1,000,000.01 and up, the client pays a maximum annual fee of
       1.00% of the account’s Net Liquidation Value,

Fees are calculated based upon the average account value, including cash, (market value
or fair market value in the absence of market value) at the end of each month in arrears.
The client agrees to have the advisory fees automatically calculated and deducted
monthly from the client’s account custody account. Fees are scaled according to the total
amount invested. For example, for an application of US $500,000: the incident rate for the
first US $100,000 is 1.85%, the following US $150,000 has a rate of 1.75%, and the rest
of the US $250,000 has a rate of 1.50% for the year. Advisory fees are not deducted from
client accounts with balances below $3,000.00.

BGA’s fees are inclusive of brokerage commissions, transaction fees, and other related
costs and expenses. Clients may incur certain charges imposed by custodians, brokers,
and other third parties such as fees charged by fund managers, custodial fees, deferred
sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic funds fees,
and other fees and taxes on brokerage account and securities transactions. It is BGA’s
policy not to accept retrocession fees from any third non-affiliated party providing services
to BGA’s clients.

Allocation of client funds to the investment within each portfolio is performed by BCP and
are net of fees. This means that when you do an initial investment and during the
subsequent rebalancing of the portfolios the advisor will retain a small portion of cash so
that it may deduct management fees from your account. This is done so that we do not
need to liquidate securities from your portfolio when fees are due. The amount that is
retained in cash is generally 2% of the assets under management. This process does

not have a material impact on our management of your account, the final allocation of
assets or on the potential performance of your portfolio.

Sub-Advisory Services: Under the sub-advisory agreement, BGA is paid an asset-based
quarterly fee. The fee is calculated as a percentage of the daily assets under
management for each fund and paid on a quarterly basis (Management Fee). The
Management Fee is not fixed as it varies depending on the specific share class offered.
For more information on the specific fees charged for each share class please see the
sub-funds prospectus and /or offering circular.

BGA does not receive a fee based on the performance of the Funds.

Term of Agreement and Termination

Normally, any Investment Advisory Agreement that BGA enters into is effective as of the
day noted on page 1 of the agreement and remains in effect for a continuous period of
time. The client or the investment manager may terminate an Agreement by written notice
to the other party with a (30) thirty - day advance notice or as agreed upon otherwise
between the client and BGA. If an account, held at the client’s qualified custodian, is to be
liquidated as the result of a termination notice, it is understood that the process of
liquidation may take up to five (5) trading days, following the date the liquidation request
was received by BGA. Clients may terminate their agreement without penalty, for a full
refund, within 5 business days of signing the advisory agreement.

If an agreement is canceled during a billing period, BGA will charge a prorated fee for the
days the agreement was in effect.

Item 7 - Types of Clients and Account Requirements

BGA’s client base is made up primarily of clients who reside in Latin America, the majority
of whom are Brazilian citizens (sometimes referred to as retail clients in this brochure). In
addition, BGA provides portfolio sub-advisory services to the Funds managed by Amundi
Asset Management. These have been discussed under Item 4.

Because of the asset allocation methodologies and diversification requirements BGA
suggests an ongoing minimum relationship balance of $5,000. Having a balance that is
lower than the stated minimum may impact client overall account composition causing
performance to be different from other accounts and from the recommended Portfolio, as
allocations may be more difficult to achieve. Any impact may be more apparent each time
the Portfolio is adjusted or rebalanced and might alter the overall strategy.