Haven Capital Group Inc

Item	5	–	Fees	and	Compensation

Haven Capital Group’s fees are based on the following annual fee schedules.

Fees for the initial quarter shall be billed in arrears, prorated, and calculated on the value of the assets
under management as of the last business day of the initial quarter.

For each quarter subsequent to the initial quarter, fees for investment services are billed in advance at
the beginning of each quarter, calculated on the value of the assets under management as of the last
business day of the previous quarter.

Equity/Balanced/Fixed Income Portfolios:           1.50%

Hourly Fee:
        $750 per hour             Advisory Services
        $200 per hour             Travel Time

The fee percentage is divided by four for each calendar quarter. At the agreement of Haven Capital
Group and the client, Haven Capital Group will charge its hourly fee.

Haven Capital Group subscribes to a $5,000 annual fee minimum in order to provide sufficient individual
advisory services, and under certain circumstances, Haven Capital Group may provide services for
greater than or less than the annual fee schedule, annual minimum fee and/or hourly fee. Haven Capital
Group reserves the right to adjust or waive the annual fee schedule, minimum fee and/or hourly fee.

Fees may be negotiable under certain circumstances.

Haven Capital Group encourages clients to reconcile our invoices with the statement(s) they receive from
their qualified custodian, and to call us at the phone number listed in Item 1 if there is any inconsistent
information between our invoices and the statement(s) they receive from the qualified custodian.

Clients have the option of having fees deducted from client assets or being billed directly for fees
incurred.

A client may terminate by providing written notice. Upon termination, any prepaid fees will be prorated to
the date of termination and unearned fees will be returned to the client, and any earned, unpaid fees will
be due and payable.

Haven Capital Group believes its fees are competitive; however, lower fees for comparable services may
be available from other sources.

Clients may incur certain fees and expenses imposed by custodians, brokers, third party investment
managers, and other third parties such as fees charged by managers, custodial fees, deferred sales
charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and
taxes on brokerage accounts and securities transactions. Such charges are exclusive of, and in addition
to, Haven Capital Group’s fees, and Haven Capital Group shall not receive any portion of these fees and
expenses.

Haven Capital Group’s fees are exclusive of brokerage commissions, transaction fees, and other related
costs and expenses which shall be incurred by the client. Item 12 further describes the factors that
Haven Capital Group considers in selecting or recommending broker-dealers for client transactions and
determining the reasonableness of their compensation, including commissions.

A portion of Haven Capital Group's investment recommendations may be implemented using Exchange
Traded Funds ("ETFs"), mutual funds and other types of managed accounts. These ETFs, mutual funds
and managed accounts charge asset management fees and other expenses that are charged indirectly to
the client and are generally disclosed in the prospectus.

Item	7	–	Types	of	Clients

Haven Capital Group provides investment advisory services to individuals, high net worth individuals,
pension and profit-sharing plans, charitable organizations, and corporations and other businesses.

Haven Capital Group subscribes to a $5,000 annual fee minimum in order to provide sufficient individual
advisory services, and under certain circumstances, Haven Capital Group may provide services for less
than the annual minimum. Haven Capital Group reserves the right to adjust or waive the minimum fee.
See Item 5 for further discussion of minimum fees.