Crew Capital Management Ltd

Item 5 – Fees and Compensation

CCM charges fees based on a percentage of assets under management as well as fixed
fees, depending on the particular types of services to be provided. The specific fees
charged by CCM for services provided will be set forth in each client’s Agreement. CCM
does not charge a separate financial planning fee for clients receiving investment
management services.

Standard Fee Schedule

 Total Assets Under Management per Account      Annual Investment Management Fee
        $0 to $500,000                               1.25%
        $500,001 to $1,000,000                       1.00%
        $1,000,001 to $5,000,000                     0.75%
        Over $5,000,000                              0.50%
                              Minimum Fee per quarter is $500

Fees are based on the fair market value of the assets under management in the
account and are charged on a pro rata basis, either monthly or quarterly in advance
or arrears based on the asset valuation at end of the applicable prior calendar
period. The fee can be deducted from the client’s account or billed directly to the
client. Upon termination of the Investment Advisory Agreement, the client is entitled
to a pro rata refund of any prepaid Advisory fees based on the number of days
remaining in the month or quarter following termination. This fee does not include
the fees of the Custodian or any underlying Funds/Managers. Where the Custodian
charges separate fees or expenses, you will pay those fees separately from your
advisory fee payable to CCM. You will also, where applicable, separately pay mutual
fund expenses, brokerage, and other transaction costs. For more information about
brokerage, please see Item 12.

CCM reserves the right to negotiate a “client specific” fee schedule based on the client’s
needs, objective, constraints, and unique situation. CCM may also provide Portfolio
Management services for an annual fixed fee ranging from $10,000 to
$25,000, depending on the complexity of the services provided. The annual fee
is charged quarterly at the end of each calendar quarter. If a fixed fee is negotiated,
that fee will be listed in the Advisory Agreement and Disclosure Statement.

In addition, CCM may recommend Separately Managed Accounts or 529 accounts. In
these cases, CCM will charge a management fee for any of these types of assets under
our management. The third-party managers of these accounts will also charge a fee.
Accordingly, the client should review both the fees charged by the third- party
managers and the fees charged by CCM to fully understand the total amount of fees to
be paid by the client and to thereby evaluate the advisory services being provided.

IDS will traditionally charge a 0.25% for its service; however, IDS may charge a
different or additional fee as mutually agreed upon with the private placement life
insurance issuer.

Item 7 – Types of Clients

CCM provides services to individuals, corporations, partnerships, pension, and profit-
sharing plans, trusts, endowments, and other institutions. Investment advice is
provided directly to clients or through third-party registered investment advisers and
their representatives.

CCM’s general account minimum is $250,000, but CCM reserves the right to waive the
minimum account size and minimum fee charged.

IDS provides services solely to private placement life insurance companies.