EFG Asset Management North America Corp

Item 5. Fees and Compensation
EFGAM NA is permitted to charge management fees and performance fees, as set out in each client’s offering documents
or IMA.

Under the sub-investment management agreements with New Capital UCITS Fund plc, EFGAM NA is paid an asset-based
management fee quarterly in arrears. EFGAM NA does not receive a fee based on the performance of the Funds.
Fees for SMA clients will be negotiated on a case-by-case basis with each underlying client and set forth in the applicable
IMA or other similar agreement. Fees for UMA clients will be 0.35% of the value of the account.

All clients directly advised by EFGAM NA bear their own operating costs and investors should consult offering
documentation and IMAs for a comprehensive explanation of these fees. Expenses borne by clients, in addition to the
fees paid to EFGAM NA, include costs associated with their operation, such as accounting, audit, administration, tax,
legal and certain regulatory expenses, technology and costs associated with reporting and providing information to
existing and prospective clients. Investment costs include brokerage commissions, transaction fees, custodial fees,
transfer taxes, wire transfer fees and electronic fund fees, and other fees and taxes charged to security transactions
which are unrelated to the fees collected by the Firm.
Please refer to Item 12, Brokerage Practices, for a summary of EFGAM NA practices regarding selection of broker-dealers
and trading.

EFG Asset Management (North America) Corp                                                                Form ADV Part 2A

Item 7. Types of Clients
As described in Item 4 above, EFGAM NA currently provides investment sub-advisory services to the offshore New Capital
UCITS Fund plc funds, which are not offered in the U.S., will offer discretionary advisory services to U.S. institutional SMA
clients, and non-discretionary investment models to UMA clients. The Firm’s clients will typically include institutional
investors, registered funds, endowments, foundations, and pension plans.

Each SMA will meet certain sophistication requirements and minimum initial investment requirements will vary
depending on the agreement with the client and are at the Firm’s discretion.

Each UMA will have a fixed minimum investment of $50,000.