Eaton Vance Advisers International Ltd

Item 5 Fees and Compensation
For investment management services provided, EVAIL charges a fee to its clients. Fees are generally quoted on an
annualized basis as a percentage of client assets under management. EVAIL’s standard fees, and minimum account
size for new institutional accounts are set out below. Fee schedules are negotiable and can vary by investment strategy,
product type, account size, overall relationship considerations, customization, and required service levels. Fee rates and
schedules for Funds vary and are disclosed within the applicable Fund offering documents.
All advisory fees charged by EVAIL are documented in writing in the client’s investment management agreement with
EVAIL, as such agreement can be amended from time to time. While the fees in Appendix A are quoted annually, unless
otherwise agreed, fees are generally charged quarterly in arrears at a rate of ¼ of the stated fee schedule based on
current or quarter-average market values. The timing of fee payments and method of calculation for particular clients
can vary in accordance with client preferences. Typically, our services are terminable by either party upon written
notification in accordance with the applicable contractual notice provision. Upon termination the fees described above
(including performance fees, if any) generally will be prorated to take account of contributions and withdrawals during a
quarter and where EVAIL does not manage the account for the entire calendar quarter. The fees described herein are
only the advisory fees charged by us and do not reflect custodial or other fees that could be applicable to your account.
Further discussion of such expenses appears below.
Clients can elect to be billed directly for fees or authorize EVAIL to directly bill fees to the client’s custodial account.
Unless otherwise provided in an investment advisory contract, EVAIL or an affiliate is frequently responsible for
calculating the fees owed by a client. EVAIL will calculate the billable assets for which EVAIL has investment discretion
according to internal accounting systems or based on valuation provided by a client’s custodian.
Special requirements or circumstances can result in different fee arrangements than those stated above for certain
clients. For example, additional reporting, investment policy or risk management consulting, legal research, or additional
investment administrative services required or requested by some clients or investors could, upon mutual agreement,
lead to higher fees. From time to time, EVAIL can render specialized investment advisory services to clients in a manner
and/or under circumstances which might not properly be characterized as investment advisory services; e.g., investment
advice with respect to structuring investments for maximum tax efficiency or specialized advice to executors or
administrators of estates or trustees of various trusts. In such cases, the fee payable to EVAIL can be negotiated and
will be determined on a case-by-case basis.
EVAIL’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses. Such
expenses will be assessed to the client. Clients are responsible for certain charges imposed by custodians, broker-
dealers and other third parties, including but not limited to: fees charged by third-party managers, custodial fees, deferred
sales charges, odd-lot differentials, transfer taxes, withholding fees, country tax or delivery fees, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Certain EVAIL
investment strategies invest in mutual funds, closed-end funds, exchange-traded notes (“ETNs”) and exchange-traded
funds (“ETFs”) which charge shareholders with management fees. These fees are disclosed in the fund’s or ETF’s
prospectus or offering memorandum. For more information about EVAIL’s brokerage practices, see Item 12 - Brokerage
Practices below.
The fees and expenses borne by clients and investors will generally reduce returns.

FORM ADV, PART 2A                                                                EATON VANCE ADVISERS INTERNATIONAL LTD.       5

Item 7 Types of Clients
EVAIL provides investment advisory services to funds registered pursuant to the Investment Company Act, private
investment vehicles, and offshore pooled vehicles sponsored by affiliated entities. EVAIL’s clients additionally include
charitable/religious institutions, foreign financial entities, and regional development banks.
Certain advisory accounts and funds impose minimum investment requirements, which are generally described in the
relevant governing or disclosure documents or, with respect to advisory accounts, in Appendix A. EVAIL generally will
have discretion to waive or reduce such minimums for certain clients or investors. We generally will not, unless required
by agreement with a client or investor or by applicable law, disclose any particular waiver or reduction that is offered to
a client or investor, or offer comparable waivers or reductions, to other clients or investors.

FORM ADV, PART 2A                                                             EATON VANCE ADVISERS INTERNATIONAL LTD.     7