Chandler Asset Management Inc

ITEM 5 – FEES AND COMPENSATION
ITEM 5A: FEE SCHEDULES
The annual fee for client accounts is charged as a percentage of assets under management, according to the
following schedules:

                                   Fixed Income Portfolio Management
                     Assets Under Management                 Annual Asset Management Fee
                             All Assets                       0.15 of 1% (15 basis points)
A minimum of $20 million in assets under management is required for this service. Chandler reserves the
right to negotiate alternative minimum account size and fees on a case-by-case basis. Chandler will
aggregate certain related client accounts for the purposes of achieving the minimum account size and
determining the annualized fee.
                                 Multi Asset Class Portfolio Management
                     Assets Under Management                 Annual Asset Management Fee
                             All Assets                       0.25 of 1% (25 basis points)
A minimum of $1 million in assets under management is required for this service. Chandler reserves the
right to negotiate alternative minimum account size and advisory fees on a case-by-case basis. Chandler

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will aggregate certain related client accounts for the purposes of achieving the minimum account size and
determining the annualized fee.
                           LOCAL GOVERNMENT INVESTMENT POOLS
FL SAFE and CalFIT pay a percentage of assets under management in accordance with the fees negotiated
in the respective investment management agreements between Chandler, FL SAFE and CalFIT. Fees and
services for a future local government investment pool client may be negotiated based on the extent and
nature of advisory services that Chandler provides depending upon the specific arrangement provided to
that client. Participants in either FL SAFE and CalFIT are delivered the Information Statement and other
formation documents prior to investing. Please see the respective Information Statements for FL SAFE and
CalFIT for further details.
                                    CONSULTING SERVICES FEES
Chandler's Consulting Services fees will be determined based on the nature of the services being provided
and the complexity of each client’s circumstances. All fees are agreed upon prior to entering into a contract
with any client.
Chandler’s Consulting Services fees are calculated in one, or both, of two ways:
    1. On a fixed fee basis, subject to the specific arrangement reached with the client; and/or
    2. On an hourly basis, ranging up to $500.00 per hour. An estimate for the total hours is determined
       at the start of the advisory relationship.
The length of time it will take to complete Consulting Services will depend on the scope and terms of the
engagement. Fees are due and payable upon completion of the Consulting Service or on an agreed upon
payment schedule. A retainer may be requested upon completion of Chandler's fact-finding session with the
client; however, advance payment will never exceed $1,200 for work that will not be completed within six
months. There is no minimum fee for Chandler’s Consulting Services.
                                     REPORTING SERVICES FEES
For clients who elect to receive reporting services, Chandler generally charges a separate reporting fee with
respect to non-managed assets included in such reports. The reporting fee is negotiable; however,
Chandler’s standard proposal is an annual fee of one basis point (0.01%) of the value of all non-managed
assets for which reporting is provided. No reporting fee is charged on local government investment pools
directly managed by Chandler.
Chandler’s annual reporting fee is billed monthly or in some instances quarterly, in arrears, and is calculated
based on the average market value of a client's reporting account(s) for the billing period, unless indicated
otherwise in the client agreement. Because reporting services cover accounts not managed by Chandler,
asset values are generally based on information provided by custodians, clients, or other third-party sources
and are not independently verified by Chandler.
Clients should note that reporting service fees are in addition to any investment management fees charged
on assets managed directly by Chandler, as well as any fees charged by custodians, third-party managers,
or other service providers.
                                  ESG REPORTING SERVICES FEES
For clients who elect to receive ESG Reporting Services, Chandler generally charges a separate reporting
fee for such reports. The reporting fee is negotiable; however, Chandler’s standard proposal is an annual
fee of one basis point (0.01%) of the value of all assets for which reporting is provided. Fees for ESG

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Reporting Services are typically calculated and billed monthly in arrears, based on the asset values as of
the last day of the prior month, unless otherwise agreed.
                                   GENERAL FEE INFORMATION
Grandfathering of Minimum Account Requirements: Pre-existing advisory clients are subject to
Chandler's minimum account requirements and advisory fees in effect at the time the client entered into the
advisory relationship. Therefore, our firm's minimum account requirements and advisory fees differ among
clients.
Advisory Fees in General: Clients should note that similar advisory services may or may not be available
from other registered investment advisers for similar or lower fees. Chandler’s clients are not required to
pay any start-up or closing fees; there are no penalty fees.
Termination of the Advisory Relationship: A client agreement between a client and Chandler may be
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ITEM 7: TYPES OF CLIENTS
Chandler provides advisory services to the following types of clients:

    •   State, local or other municipal government entities
    •   Local Government Investment Pools (“LGIPs”)
    •   Healthcare institutions
    •   Higher education institutions
    •   Charitable organizations
    •   Pension and profit-sharing plans (other than plan participants)
    •   Corporations or other business entities not listed above
    •   Retirement Accounts
As disclosed above in Item 5A of this Brochure, we have established certain initial minimum account asset
requirements to maintain an account based on the nature of the service(s) being provided. For a more
detailed understanding of those requirements, please review the disclosures provided in each applicable
service.