Chartist Inc

Item 5 Fees and Compensation

All Portfolios: Management fees
Assets Under Management                 Annual Fee
$50,000 to 249,999                       1.25%
$250,000 to 499,999                      1.00%
$500,000 to 749,999                       .85%
$750,000 to 999,999                       .75%
$1,000,000 +                              .65%

Our annual portfolio management fee is billed and payable quarterly in advance based on the value of your account on
the last day of the previous quarter. If the portfolio management agreement is executed at any time other than the first
day of a calendar quarter, our fees will apply on a pro rata basis, which means that the advisory fee is payable in
proportion to the number of days in the quarter for which you are a client.

We will send you an invoice for the payment of our advisory fee, or we will deduct our fee directly from your account
through the qualified custodian holding your funds and securities. We will deduct our advisory fee only when you have
given our firm written authorization permitting the fees to be paid directly from your account. Further, the qualified
custodian will deliver an account statement to you at least quarterly. These account statements will show all
disbursements from your account. You should review all statements for accuracy. We will also receive a duplicate copy
of your account statements.

Either you or the firm may terminate the portfolio management agreement within five days from the date of acceptance
without penalty to you. After the five-day period, either party may terminate the portfolio management agreement upon
10-days’ written notice to the other party. You will incur a pro rata charge for services rendered prior to the termination
of the portfolio management agreement, which means you will incur advisory fees only in proportion to the number of
days in the quarter for which you are a client. If you have pre- paid advisory fees that we have not yet earned, you will
receive a prorated refund of those fees.

All cash positions (money markets, etc.) shall be included as part of assets under management for purposes of calculating
the advisory fee. The Chartist may waive quarterly management fees for any given management program (for example
Equity Portfolios, Balanced Portfolios, etc. at any time). Any percentage waiver shall apply equally to each account in
that particular management strategy.

The Chartist reserves the right to enter into contracts with clients that may result in fees that are less than the standard
fee schedule set forth above based upon certain criteria including, but not limited to, anticipated future earning capacity,
anticipated future additional assets, dollar amount of assets to be managed, related accounts, or account composition.

Subscription Periodicals
Our firm issues two periodicals available by subscription. Both are available on our website:
www.thechartist.com. Complimentary subscriptions are available to our portfolio management clients.

“The Chartist” - is a newsletter that gives specific buy and sell recommendations to subscribers and is published every
three weeks. Subscribers receive either via the telephone or by email twice a week updates. Subscription fees are:
One year = $290, Two years = $530, Three years = $770

“The Chartist Mutual Fund ETF/Letter” – is a mutual fund newsletter published monthly. Subscribers receive either via
the telephone or by email twice a week updates. Subscription fees are: One year = $240, Two years = $430, Three years
= $645

Our firm has an agreement with Forbes.com where they pay us a licensing fee for the right to distribute copies of our
two periodicals through their website.

Types of Investments

We primarily offer advice regarding common stocks, exchange traded funds, no-load stock funds, no-load income funds
and money market funds. You may request that we refrain from investing in particular securities or certain types of
securities. You must provide these restrictions to our firm in writing.

Assets Under Management
As of 12/31/2025, we manage $169,706,684 in client assets on a discretionary basis.

Please refer to the “Advisory Business” section in this brochure for information on our advisory fees, fee payment
arrangements, and refund policy for our portfolio management services.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in mutual funds and
exchange traded funds. Registrant purchases various mutual fund shares for its client accounts without any transaction
fees through Charles Schwab & Co., Inc. (“Schwab”). If those mutual fund shares are held for 90 days or less,
however, Schwab charges the client a $49.95 short-term redemption fee.

The fees that you pay to our firm for investment advisory services are separate and distinct from the fees and expenses
charged by mutual funds or exchange traded funds (described in each fund’s prospectus) to their shareholders. These
fees will generally include a management fee and other fund expenses.

You will also incur transaction charges and/or brokerage fees when purchasing or selling securities. These charges and
fees are typically imposed by the broker-dealer or custodian through whom your account transactions are executed. We
do not share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or custodian. To
fully understand the total cost you will incur, you should review all the fees charged by mutual funds, exchange traded
funds, our firm, and others. For information on our brokerage practices, please refer to the “Brokerage Practices” section
of this brochure.

We may trade client accounts on margin. Each client must sign a separate margin agreement before margin is extended
to that client account. Fees for advice and execution on these securities are based on the total asset value of the account,
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Item 7 Types of Clients

We offer portfolio management services to individuals, pension and profit sharing plans, trusts, estates, charitable
organizations, corporations, and other business entities.

In general, we require the following minimums to open and maintain a portfolio management account:

    •   Equity Portfolios - $100,000
    •   Balanced Portfolios - $100,000
    •   Mutual Fund/Exchange Traded Fund Management Program - $50,000

At our discretion, we may waive this minimum account size. For example, we may waive the minimum if you appear
to have significant potential for increasing your assets under our management.