Globescan Capital Inc

FEES AND COMPENSATION
For its wealth management services, the Firm charges up to 1.25% (annual) on assets,
based upon the custodian's valuation of the assets in the account(s) at close of market on
the last business day of the quarter. Fees include accrued interest and pending trades and are
charged quarterly after the quarter ends at the rate of one quarter of the annual percentage
rate.

If assets were added during the quarter, a fee will be charged on a pro rata basis starting from
the day assets are added until the end of that quarter. If assets were withdrawn during the
quarter, fee will be charged on a pro rata basis from the first day of the quarter until the date the
assets were withdrawn.

Fees are deducted from each client’s account. Fees may be negotiable, depending on asset
mix, portfolio complexity, portfolio size. Therefore, clients receiving the same service from the
Firm may be paying different fees.

The asset management fees Globescan charges are separate from transaction, exchange, wire
transfer, margin interest or account fees charged by the custodian. When
Globescan recommends a mutual fund for a client’s account, three separate fees may be
charged to the client, either directly or indirectly. The first fee is Globescan’s investment
management fee where the fund is included in the asset base for the quarterly fee calculation.
The second is the set of internal fees charged by the investment company for the fund’s
investment management, marketing, administration and marketing assistance. These internal
expenses are disclosed in each fund’s prospectus which is provided to each client by the
custodian (this set of fees also applies to any money market fund purchased in the client’s
account). The third fee may be a transaction fee which is assessed by the custodian for its
service of providing access to a universe                                                    1

of mutual fund families through one account. To avoid such fees a client would be required to
open a separate account with each individual mutual fund company instead of using the custodian
recommended by Globescan, which would also negatively affect Globescan’s ability to deliver its
services efficiently. Not all mutual fund trades enacted by Globescan incur this transaction fee.
When recommending mutual funds for client portfolios, Globescan only recommends no-load
funds. Please see the section “Brokerage Practices” for more detailed information on the Firm’s
trading practices and selection of custodians and brokers.

Termination
The Investment Advisory Agreement allows for termination by either party immediately upon
receipt of written notice. The Agreement provides that the client may terminate the agreement
within five business days of its effective date without paying any fees or penalties to the Firm. If
termination occurs after the first five days of the Agreement, the client will owe Globescan for its
management services for the number of days in the quarter the portfolio was under management.

PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT
Globescan does not charge any performance-based fees or engage in side-by-side management.

TYPES OF CLIENTS
Globescan provides investment advisory services to individuals, families corporate clients, 401k
plans and other registered investment advisors (RIAs).

METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS
Globescan directly manages assets for clients with a number of investment objectives and risk
tolerances. The Firm seeks to minimize investment risk by diversification according to asset class,
individual stock, sector, market capitalization and investment style.

The Firm may invest its clients' funds in equities, fixed income securities, REITs, alternatives,
cash, derivatives, preferred stock and any other listed security which The Firm deems appropriate.
The Firm conducts its own analysis of each security prior to purchase.

Globescan does not guarantee the future performance of the account or any specific level of
performance, the success of any investment decision or strategy that the Firm may use, or the
success of the Firm’s overall management of the account. The client understands that investment
decisions made for the client’s account by the Firm are subject to various market, currency,
economic, political and business risks, and that those investment decisions will not always be
profitable. The client is reminded that investing in any security entails risk of loss.