Core Capital Management and Research Inc

Item 5: Fees and Compensation

CCMR investment advisory services are offered for a percentage of assets under management.

CCMR is compensated with fees based on the value of the client’s account computed by an annual range fee of 0.10% to 3.00%
depending on the size of the account.

As part of the investment advisory agreement, the client may choose to have fees payable quarterly, semi-annually or annually
in arrears. Clients may authorize the account custodian to debit the account for CCMR’ investment advisory fee and to directly
remit that management fee to CCMR. In some cases, clients may be billed for fees incurred, and invoices are provided in those
cases. All advisory fees are negotiable.

CCMR fees are calculated by multiplying the assets under management by the relevant percent and dividing by the appropriate
number based on billing frequency. Accounts opened in mid-quarter will be assessed at a pro-rated management fee based
upon the number of calendar days in the calendar quarter that the Agreement goes into effect.

Client may terminate the investment advisory agreement, without penalty, within 5 business days after entering into the
agreement. Thereafter, the agreement may be terminated by either party upon 30 days written notice. Due to the fact that fees
are charged in arrears, no refund policy is necessary.

CCMR also charges a $75 annual fee that is negotiable depending on the needs of the client and the complexity of the situation.
These fees are negotiable and the final fee schedule is attached as Exhibit II of the Investment Advisory Agreement.

Clients may pay other expenses in addition to the fee paid to CCMR. For example, clients may pay costs such as custodial fees,
wire fees, and/or other fees unrelated to the fee collected by CCMR. In addition, custodians may charge transaction fees on
purchases or sales of certain mutual funds and exchange-traded funds as well as Rule 12b-1 fees and expenses. In addition,
clients pay approximately $0.05 cents per share or $1.00 minimum transaction cost to the broker dealer – CCMR receives none
of this fee.

                                                                                                          SEC File Number: 801-72083

Item 7: Types of Clients

CCMR generally provides investment advice to a number of clients:
   ▪ Individuals, including high net worth individuals
   ▪ Trusts, estates, charitable organizations
   ▪ Corporations and business entities.

CCMR offers advice on the following:
    ▪ Equity securities (exchange-listed securities and securities traded over the counter)
    ▪ Corporate debt securities (other than commercial paper)
    ▪ Certificates of deposit
    ▪ Municipal securities
    ▪ Investment company securities (variable life insurance, variable annuity and mutual fund shares)
    ▪ United States government securities
    ▪ Securities option contracts
    ▪ Commodities

CCMR does not impose a minimum dollar value of assets or other conditions for starting or maintaining an account.