Fees and Compensation — Form ADV Part 2A (3/29/2016)
[Brochure]
ITEM 5 FEES AND COMPENSATION
Fees Generally.
ClearVest is generally compensated for its advisory services through asset based investment advisory fees
calculated on a percentage of AUM and may also receive incentive allocations or performance based fees.
Investment Programs that allocate to Sub‐Funds compensate ClearVest for advisory services based on a
percentage of assets under management (the “Platform Fee”). The Platform Fee for a particular
Investment Program may differ from another Investment Program. The Platform Fee is in addition to any
Sub‐Fund expenses and any Sub‐Fund fees charged by the Sub‐Fund in which an Investment Program
invests. The fees that each Sub‐Fund Adviser charges to its corresponding Sub‐Fund are set forth in the
offering materials for such Investment Program.
ClearVest is compensated for its advisory services to Funds as a percentage of assets under management
(the “Management Fee”) and a fee based on net new profits (the “Performance Fee”), which may be
subject to a high water mark. Any Management Fees payable to the Trading Adviser to the Fund will be
paid by ClearVest out of a portion of the Management Fee received by ClearVest. Generally, all
Performance Fees received by ClearVest are paid to the Trading Adviser.
ClearVest may agree to different fee arrangements in its discretion. The Management and Platform Fees
may vary from one Investment Program to another and are described in the offering materials for the
Investment Program.
ClearVest will ordinarily debit from an investor account a quarterly Management or Platform Fee, in
advance, in an amount equal to the Management or Platform Fee percentage of the investor account at the
beginning of the calendar quarter.
In addition, clients may be subject to other fees including clearing, custody and other transaction charges,
service fees and/or internal expenses, including but not limited to, legal, audit, accounting, administration,
director’s fees and other professional fees. The details are outlined in the offering materials for each
Investment Program.
Clients may terminate the contract by providing written notice to ClearVest. Clients shall receive a refund of
fees for services not yet rendered. The length of time required for notification of termination is
negotiated and can vary from client to client.
Neither ClearVest nor any of its officers, directors, employees, or persons providing advice on ClearVest’s
behalf and subject to ClearVest’s supervision and control accepts compensation for the sale of securities
ClearVest Advisors LLC (IARD #281092)
March 2016
or other investment products, including asset‐based sales charges or service fees from the sale of mutual
funds.
Account Minimums and Types of Clients — Form ADV Part 2A (3/29/2016)
[Brochure]
ITEM 7 TYPES OF CLIENTS
ClearVest provides investment advice to our Investment Programs. Generally, the Investment Programs will
accept investments from qualified investors only.
The offering materials for each Investment Program contain the minimum initial and subsequent
subscription and redemption requirements and what investor qualifications are required to invest in the
Investment Program.