Cresalta Investment Management Inc

Item 5. Fees and Compensation
CresAlta’s management fees vary by Client, the services provided, the size of the portfolio account,
and similar factors. A detailed description of the fees and expenses applicable to each Client are set
forth in the Client’s investment management agreement.

Exchange-Traded Funds Fees

ETF advisory fees are expected to range from 0.50% to 0.60%, payable on a monthly basis per the
terms of the investment management agreement with the ETF Client. The ETFs may charge other
fees, which are disclosed in the applicable fund’s prospectus or offering documents. Such charges
and fees are exclusive of and in addition to CresAlta’s fees. CresAlta’s fees for currently expected
ETFs are as follows:

       CresAlta Small and Mid-cap ETF        .55%

       CresAlta Global Dividend ETF          .50%

Managed Accounts Fees

Managed Account fees may vary based on account size, investment strategy, relationship and other
factors and are based on the amount of assets managed for each separate account. The fees generally
range from 0.40% to 0.70% of portfolio account assets, payable on a monthly or quarterly basis in
arrears but may be paid in advance depending on the terms of the investment management
agreement with the Managed Account Client. Fees are prorated for partial periods. Fees generally
are expected to be deducted from the Managed Accounts, but certain clients may be invoiced
directly. Either party may terminate the advisory agreement at any time with written notice.

Other Fees and Expenses

Clients also are responsible to pay any brokerage commissions, trading/transaction costs, custodial
fees, and other related costs and expenses that may be incurred by the accounts. Underlying
managers or custodians also may charge asset-based or transaction-based brokerage, trade,
execution, custody, and other fees. For additional information regarding brokerage practices, see

Item 7. Types of Clients
CresAlta expects to provide investment advisory services to registered investment companies,
family offices and other institutional investors, and third-party primary advisors for their customers.

There are no investment minimums for underlying investors to invest in ETFs.

CresAlta generally imposes a minimum account size for Managed Account management services,
which ranges from $100,000 to $500,000 per account and $1,000,000 per institutional Client,
depending on the investment strategy. CresAlta may waive the minimums in its sole discretion.

Form ADV Part 2A Firm Brochure                                                         January 2026
CresAlta Investment Management, Inc.                                                         Page 8

Item 8. Method of Analysis, Investment Strategies, Risk of Loss
Methods of Analysis and Investment Strategies
CresAlta generally manages accounts based on one or more of proprietary portfolio strategies that
are intended to identify investments that may provide long-term capital appreciation and income
generation.

Global Dividend

The portfolio generally invests at least 80% of its assets in global dividend-paying equity securities
at the time of purchase. CresAlta seeks to achieve the portfolio’s objective by investing in U.S. and
non-U.S. companies that it believes are financially strong and well-managed. CresAlta begins by
reviewing a universe of more than 3,500 companies using proprietary screening methods to identify
companies that it believes have low valuations and the potential to pay dividends from strong
recurring cash flows or have the capacity to pay high dividends in the future. It selects 35-50
companies across market sectors and avoids concentrating in any one company or industry.

At the investment level, CresAlta considers company cash flow, balance sheet, and other financial
metrics, and both positive and negative catalysts, including events such as changes in key leadership
positions and cuts in the dividend, in making investment decisions. It also may consider the impact
of trading on tax efficiency in its investment decision-making process.

Additionally, CresAlta utilizes a macroeconomic overlay to determine the business cycle phase of
countries while rotating portfolio positions across stocks categorized with its dividend category
methodology. Stocks are categorized into one of three dividend categories —dividend value,
dividend growth, and dividend payer. The bulk of the portfolio is expected to consist of dividend
growth stocks. CresAlta seeks to obtain substantial returns from such stocks via growing dividends
and share buybacks. The portfolio may tilt toward dividend value or dividend payer stocks
depending on the business cycle phase.

Under normal circumstances, CresAlta expects to invest at least 40% of its total assets in equity
securities of non-U.S. issuers (i.e., issuers headquartered outside the U.S. or at least 50% of its
assets are outside of the U.S. or 50% of its gross income is from non-U.S. sources). It typically
invests in foreign issuers through American Depositary Receipts (“ADRs”).

CresAlta may sell a security if it determines the business cycle dictates a shift in strategy or if a
company’s prospects for paying a high dividend have changed.

Small- and Mid-Cap (“SMID”)

The SMID portfolio generally invests at least 80% of its assets in small- and mid-capitalization
companies at the time of purchase. CresAlta defines SMID companies as those with market
capitalizations at the time of purchase greater than $500 million and less than $15 billion.

Form ADV Part 2A Firm Brochure                                                        January 2026
CresAlta Investment Management, Inc.                                                        Page 9

CresAlta begins by reviewing a universe of more than 2,500 companies using proprietary screening
methods to identify companies that it believes are financially strong and well-managed companies
that it believes are selling at attractive valuations. In this regard, CresAlta seeks companies that
have low valuations based on a variety of valuation metrics such as enterprise value-to-sales,
generally carry less debt than their peers and are improving fundamentally. CresAlta selects 40-60
companies across most market sectors and avoids concentrating in any one company or industry.

CresAlta considers the track record of a company’s management in creating wealth for shareholders
and improving fundamentals prior to making an investment in such company. Additionally,
CresAlta analyzes a company’s long-term financial strength and evaluates the uniqueness of its
competitive position. CresAlta believes that the combination of thin analyst coverage, low
valuations, strong balance sheets and improving fundamentals helps identify companies that could
typically create economic value for shareholders over the long run.

At the stock level, CresAlta utilizes forensic accounting methods to identify potential problems with
company cash flows and the balance sheet. CresAlta also considers both positive and negative
catalysts, including changes in key leadership positions, in making investment decisions.

CresAlta may sell a security if it determines the business cycle dictates a shift in strategy or if a
company’s fundamental prospects have changed.

Investment Processes

Investment selections are based upon research and analysis, either performed internally or
externally, including ratings by acceptable investment rating services and the evaluation of relevant
factors pertaining to the type of security under consideration. In adverse market conditions,
CresAlta may use cash as a method of helping protect portfolios. CresAlta may also consider the
impact of trading on tax efficiency in its investment decision making process.

CresAlta incorporates both bottom-up and top-down approaches to equity investing using
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