CSOP Asset Management Limited

Item 5 Fees and Compensation
Fees Charged by CSOP
CSOP generally charges fees based on a percentage of assets under management. The amount of
CSOP’s fees is negotiable and generally depends upon a number of factors, including the nature of the
services to be provided, the size of any portfolio which is to be managed and the investment
parameters agreed with the client.

CSOP agrees with particular clients to a performance-based fee structure. Performance-based fee
structures are available to eligible clients, are negotiable and will be in compliance with applicable laws
and regulations.

How Fees are Charged
Fees are charged to and collected from each client in accordance with the terms of CSOP’s investment
management or advisory agreement with the client. Fees generally are payable by clients either
monthly or quarterly in arrears. The client’s agreement with CSOP may provide that CSOP is to invoice
the client for payment of CSOP’s fees. Alternatively, such agreement may authorize CSOP to deduct
its fees from the client’s account by instructing the client’s custodian to debit the client’s account and
remit payment to CSOP.

Brokerage and Other Transaction Costs
In addition to CSOP’s fees, clients of CSOP may pay costs and charges to other parties in connection
with their accounts or certain securities transactions. These may include commissions, commission
equivalents and other charges for executing transactions through broker-dealers; custodian fees; wire
and electronic fund fees; taxes; dealer mark-ups, markdowns and spreads; auction fees; certain odd-
lot differentials; SEC fees; exchange fees; transfer taxes; stamp taxes; regulatory transaction fees; and
any other charges mandated by law or regulation or third-party service providers. Please see Item 12
of this Brochure for information concerning CSOP’s brokerage practices.

Payments in Advance
CSOP clients pay their fees in arrears and not in advance.

Other Investment Products
In addition to the investment management strategies described in this document, CSOP and its
affiliates may offer to the public investment products such as unit investment trusts or other pooled
investment vehicles with investment styles and holdings that are identical and/or similar to those of the
investment management strategies described in this document. These other investment products may
be offered at differing fees and charges that may be higher or lower than the fees imposed by CSOP
for the CSOP investment management services described in this document.

Exchange Traded Funds (ETFs)
When CSOP receives fees for investment management services, such fees are described in the
applicable fund's registration statements and shareholder reports including the fund's prospectus.

Termination
Generally, investment advisory or management contracts are terminable at will by either party upon
written notice. Upon termination, generally fees will be prorated over the remaining term of the billing
period.

Supervised Person Compensation
Clients are charged in accordance with the relevant advisory or management contracts with CSOP as
provided in this section. CSOP staff do not receive compensation for the sale of securities or other
investment products.

Types of Clients
CSOP may, from time to time, provide investment management or investment advisory services to

institutional clients in the U.S..

CSOP’s non-U.S. clients include mainly investment companies, and other investment advisers.

Conditions for Opening or Maintaining an Account
Depending on the nature of the services to be provided, CSOP may require a minimum dollar value of
assets as a condition for opening or maintaining an account. Any pre-established minimum account
size may be subject to variation depending upon the nature of the investments in an account and the
client’s financial circumstances, investment objectives and requirements.