Compass Investments LLC

Item 5:       Fees and Compensation

      A. Fees Charged

      Asset Management

      All asset management clients will be required to execute an Investment Management Agreement which
      describes both fees and services provided. Generally, annual asset management fees range between
      0.50% and 1.35 %

      Fees are negotiable, and may be higher or lower than this range, based on the nature of the account.
      Lower fees for comparable services may be available from other sources. Factors affecting fee
      percentages include the size of the account, complexity of asset structures, length of time the client
      has been with the firm, and other factors.

      B. Fee Payment

      Investment advisory fees will generally be debited directly from each client’s account. The advisory
      fee is paid quarterly, in arrears, per annum of the market value of the assets being managed by Compass
      Investments. For example, if your annual fee is 1.00%, each quarter we will multiply the value of your
      account on the last day of the billing period by 1.00%, then divide by four to calculate our fee. To the
      extent there is cash in your account, it will be included in the value for the purpose of calculating fees
      if it is part of the investment strategy. Once the calculation is made, we will instruct your account
      custodian to deduct the fee from your account and remit it to Compass Investments. While almost all
      of our clients choose to have their fee debited from their account, we will invoice clients upon request
      and permit payment of fees by check payable to Compass Investments.

      Clients whose fees are directly debited will provide written authorization to debit advisory fees from
      their accounts held by a qualified custodian. Each month, clients will receive a statement from their
      account custodian showing all transactions in their account, including the advisory fee. Clients should
      carefully review their statements, including the fee amounts, and should contact Compass Investments
      with any questions.

      C. Other Fees

      There are a number of other possible fees that can be associated with holding and investing in
      securities. Clients will be responsible for transaction fees for the purchase or sale of stocks, bonds,
      mutual funds or exchange traded funds. For complete discussion of expenses related to each mutual
      fund, investors should obtain and read a copy of the prospectus issued by that fund. Compass
      Investments can direct investors to the offering material or prospectus for any manager or fund that is
      used in our strategies. These fees are charged by your account custodian. Compass Investments does
      not share in these fees.

      Please make sure to read Item 12 of this informational brochure, where we discuss broker-dealer and
      custodial issues.

      D. Pro-rata Fees

      If a client becomes a client during a quarter, they will not pay a management fee until the end of the
      first full quarter that they are a client. If clients terminate the relationship during a quarter, they are
      only billed on the number of days that they were an active client. Once the relationship terminates,
      Compass will cease to perform services, including processing trades and distributions. Assets not
      transferred from terminated accounts within 30 (thirty) days of termination may be “de-linked”,
      meaning they will no longer be accessible to Compass.

      E. Compensation for the Sale of Securities

      Compass Investments does not receive any commissions or fees from investment product providers
      or custodians. Its sole source of income is from fees paid by clients.

Item 7:       Types of Clients

      Clients advised may include individuals, trusts, estates, charitable organizations, self-employed
      persons and other business entities. Compass’ investment minimum is $50,000 and may be waived at
      the discretion of the advisor.