Hedgeable Inc

Item 5: Fees and Compensation
    A. Compensation for Advisory Services

    Please refer to Item 4A: Description of Services in this brochure for information on our
    advisory fees and fee deduction arrangements for each service we offer.

    B. Billing and Frequency of Billing

    Hedgeable’s fee is deducted directly from clients’ assets monthly in arrears in all Wrap Fee
    Managed Accounts and in most Sub-Advisory and Dual Contract Engagements, unless
    there has been a pre-arranged written agreement between Hedgeable and the counter-party
    to bill clients for fees incurred or to deduct fees from clients’ assets monthly on a schedule
    that is not monthly in arrears.

    C. Additional Fees and Expenses

    Hedgeable’s Wrap Fee Managed Account Program fees are inclusive of all Hedgeable
    management fees and brokerage transaction fees.

    Fees charged outside of the wrapped fee include any Bank Wire Fee, Check Writing Fee,
    Transfer Fees, SRO Fees, or Miscellaneous Fees charged by the custodian or broker/dealer
    (if applicable). All trades executed outside of the brokerage window will be charged a
    brokerage commission.

    For a full list of all fees and their amounts, please see the custodian fee schedule here -
    https://www.folioinvesting.com/folioinvesting/pricing/special-services-fees/

    Expense ratios charged by third-party ETF companies (only applicable for clients who
    allocate to ETFs) are not included in the wrap fee. Management fees and performance
    based carry charges by third party Venture Funds (only applicable for clients who allocate to
    the Hedgeable Venture Fund I, L.P.) are not included in the wrap fee.

    Transaction fees charged by Coinbase in all Bitcoin wallets are not included in the Wrap Fee
    (please     see     the   Coinbase    site    for     an    updated      fee    schedule    -
    https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees).

    No sales commissions or special compensation is received by our firm for the
    recommendation of any outside products. All fees paid to our firm for investment advisory
    services are separate and distinct from the fees and expenses charged by ETFs (described
    in each fund’s prospectus) to their shareholders. These fees will generally include a
    management fee and other fund expenses. Any material conflicts of interest are disclosed in
    this disclosure brochure. If at any time, additional material conflicts of interest develop, we
    will provide written notification of the material conflicts of interest or an updated disclosure
    brochure.

    Clients in Sub-Advisory and Dual Contract Engagements may pay fees and expenses
    charged by the Custodian for trade execution. This fee is not included in the Management
    Fee charged by Hedgeable and is disclosed separately from our Management Fee. Please
    see Item 12: Brokerage Practices of this brochure for more information about how we
    select Custodians and Broker/Dealers.

    D. Pre-Payment of Fees

    Hedgeable does not require nor solicit pre-payment of any Management Fees. All fees are
    paid based on service provided.

    E. Compensation for the Sale of Securities

    No persons at Hedgeable nor any supervised persons or representatives of Hedgeable
    accepts compensation or commissions for the sale of securities or other investment
    products, including asset-based sales charges or service fees from the sale of Mutual
    Funds.

Item 7: Types of Clients
We offer investment advisory services to Individuals, High-Net Worth Individuals, Institutions,
Private Funds, Registered Investment Advisors, CFPs, & Wealth Managers.

       Hedgeable Retail Program

       There is a $1 investment minimum. Hedgeable generally provides the program to the
       following Types of Clients:

        •   Individuals
        •   High-Net-Worth Individuals
        •   Small Business Owners
        •   Trusts, Corporations, or Partnerships

    Sub-Advisory Engagements

    The minimum investment to engage in a sub-advisory relationship is variable, but generally
    starts at $1 Million across all accounts. Hedgeable generally provides the service to the
    following types of Clients:

        •   Independent Registered Investment Advisors (RIAs)
        •   Investment Companies (Mutual Fund, ETF)
        •   Wealth Managers
        •   Certified Financial Planners (CFPs)
        •   Wrap Fee Program Sponsors
        •   Consultants

    Dual Contract Engagements

    The minimum investment to engage in a dual contract is variable, but generally starts at $1
    Million across all accounts. Hedgeable generally provides the service to the following Types
    of Clients:

        •   Wirehouse Registered Representatives (IARs)
        •   Wealth Managers
        •   Certified Financial Planners (CFPs)
        •   Consultants
        •   Certified Public Accountants (CFPs)

    Private Fund Management

    Hedgeable, Inc. previously served as general partner and investment manager to the
    Hedgeable Venture Fund I, L.P. Hedgeable’s interest and obligations under Hedgeable
    Venture Fund have since been assigned to an unaffiliated consulting firm.

Please note, any investment minimum listed above can be waived or changed by
Hedgeable at any time at our sole discretion.