ITEM 5 - FEES AND COMPENSATION
Investment Management Services
Fee Schedule
Global IMC charges advisory fees for investment management services based on a percentage of assets
under management. The maximum annual percentage of assets fee charged to an account is as follows:
Investment Style Annual Fee
Non-US Small Cap 0.50%
Non-US Micro Cap 0.50%
Emerging Markets Small Cap 0.50%
Global Small Cap 0.50%
Global IMC LLC Brochure 7 March 27, 2026
We also offer clients the option of a performance-based incentive fee. We may only enter performance-
fee arrangements with clients that meet certain internal and regulatory qualifications. Performance-
based incentive fees will not exceed 20% of the total return of the account over a 3-month or 12-month
period and are either based on the total return of the account or the return above the style’s
benchmark. Incentive fees may also include a high-water mark, where Global IMC will not earn a
performance-based fee unless the account achieves a certain minimum return. Clients should review the
fee agreement for more specifics about how this fee is charged.
Our standard fee schedule is negotiable, and Global IMC may also enter into “most favored nation”
arrangements with certain clients. This means that if Global IMC enters into an agreement with a new
client that is charged a lower annual management fee than the client that has a “most favored nation”
arrangement, then we must notify the existing client of the lower fee and provide the client with the
option to increase their assets under management to the level that the new client has placed under
management with us to receive the lower management fee. Not all clients will be offered this
arrangement, and Global IMC has sole discretion over which clients we will offer this arrangement to.
Global IMC provides investment management services for certain proprietary (in house) accounts
without charge.
Billing Method
Global IMC’s advisory fees are payable quarterly in arrears based on a calendar quarter and are
calculated based on the average month-end account market value of the previous three months. Fees
for partial quarters are pro-rated.
Either Global IMC or the client will calculate the advisory fee in accordance with our advisory
agreement. Advisory fees are paid directly to Global IMC by the client via ACH or wire transfer or as
otherwise agreed upon with Global IMC.
Termination
Either party may terminate the advisory agreement at any time by providing written notice to the other
party. The client may terminate the agreement at any time by writing Global IMC at our office.
Upon notice of termination, Global IMC will calculate the final fees due for services provided through
the date of termination. Any advisory fees that we have earned for the services provided will be due
upon termination.
Clients should understand that if a client terminates the investment management agreement and
requests that the account(s) be fully liquidated, it may take Global IMC a number of days or more to sell
all the securities in the account(s) because in some cases foreign securities and securities that have
lower market capitalizations may be less liquid and more thinly traded than higher market cap
Global IMC LLC Brochure 8 March 27, 2026
securities. As we do when placing all client trades, Global IMC will seek the best execution we believe is
available at that time.
In the event of a client’s death or disability, Global IMC will continue to manage the account until an
authorized party notifies us of the client’s death or disability and gives us alternative instructions.
Services to Private Funds
The fees Global IMC receives for providing investment advisory services to private funds will be
negotiated with each fund and outlined in the fund’s offering documents.
Agreements with private funds may be terminated per the terms in the agreement, which may vary by
fund. The fund may impose restrictions on investors’ withdrawal rights, as described in the offering
documents.
Other Fees and Expenses
Global IMC’s fees do not include custodian fees. Clients pay all brokerage commissions, stock transfer
fees, foreign withholdings and taxes and/or other similar charges incurred in connection with
transactions in accounts from the assets in the account. Transaction fees for securities traded on foreign
exchanges may be higher than fees for securities traded through domestic exchanges, and may include
such additional charges as foreign settlement costs, account movement charges, foreign exchange fees,
and expenses in connection with currency transactions. Fees for each trade will vary. These charges are
in addition to the fees the client pays to Global IMC. See Item 12 - Brokerage Practices below for more
information.
In addition, any index or exchange traded funds held in a client’s account may have additional costs.
Each fund’s prospectus fully describes the fees and expenses. All fees paid to Global IMC for investment
advisory services are separate and distinct from the fees and expenses charged by these funds, and we
do not reduce our management fees by the amount of fund costs. These funds pay advisory fees to their
managers, which are indirectly charged to all holders of the fund shares. Consequently, clients with
funds in their portfolios are effectively paying both Global IMC and the fund manager for the
management of their assets.