Insight North America LLC

Item 5: Fees and Compensation
The specific manner in which fees are charged by INA is established in a written Investment Management Agreement
(“Advisory Agreement” or “IMA”) with each Client. Advisory fees for Client accounts are generally based on the average or
ending market value of the AUM on either a monthly or quarterly basis. The AUM includes the value of securities, cash,
and cash equivalents that INA manages on a regular and continuous basis. INA values the securities in Client accounts
based upon prices obtained from an administrator, who in turn obtains such pricing from external, independent sources.
Investment advisory fees are primarily billed in arrears, and INA generally does not accept prepayment of advisory fees
with the exception of certain separately managed account strategies. Please see below for additional information. In any
case, INA will not retain fees in excess of $1,200 more than 6 months in advance of services rendered.
INA reserves the right to negotiate minimum account and investment sizes, which will be dependent upon various factors,
including, but not limited to, the scope of the advisory services provided, economies of scale, a Client’s total AUM across
all strategies and accounts managed by Insight, the expectation of future assets and any historic relationship with Insight.
INA reserves the right to negotiate different fees with Clients with the same or substantially the same strategies, which may
be lower than those reflected herein. Certain Clients may negotiate lower fees or be entitled to different terms and conditions
than those of other Clients. A minimum fee may also apply regardless of account size.
INA also offers separate accounts that are subject to incentive fees or performance fees, which are generally based on a
share of capital gains on or capital appreciation of the assets of the Client. These performance fees are generally subject
to a high-water mark. Some performance fee arrangements are also subject to a hurdle rate. Any such performance fees
will comply with the applicable requirements of the Investment Advisers Act of 1940, as amended (“Advisers Act”) and
specifically Section 205-3 thereof (otherwise referred to as the “Performance Fee Rule”).

Strategy                                                    Annual Fees Range                      Investment Minimum
Fixed Income Strategies
US Core Fixed Income                                        Between 0.10% and 0.20%                $100 million
US Core-Plus Fixed Income                                   Between 0.15% and 0.25%                $100 million
US Investment Grade Credit                                  Between 0.10% and 0.20%                $100 million
Global Core Plus Fixed Income                               Between 0.10% and 0.22%                $100 million
U.S. Municipal Bond                                         Between 0.15% and 0.40%                Varies
Emerging Market Debt                                        Between 0.30% and 0.50%                $100 million
Stable Value                                                Between 0.05% and 0.15%                $100 million
Systematic Fixed Income                                     Between 0.15% and 0.30%                $100 million
Secured Finance Asset Backed Securities                     Between 0.45% and 0.50%                $100 million
Custom Solutions
Insurance Core                                              Between 0.10% and 0.25%                $100 million
Cash-Driven Investing                                       Between 0.10% and 0.15%                $100 million
Liability- Driven Investing/                                Between 0.05% and 0.08%                $100 million
SMA/Wrap Program
Municipal SMA                                               Between 0.15% and 0.30%                $250,000
Taxable SMA                                                 Between 0.15% and 0.35%                $100,000
Personal Bond SMA                                           Between 0.20% and 0.30%                $100,000

Insight North America LLC
200 Park Avenue, 7th Floor
New York, New York 10166
www.insightinvestment.com                                      5                                            INSIGHT INVESTMENT

INSIGHT NORTH AMERICA LLC

Separate Accounts Investing in INA Investment Funds
If INA invests on a discretionary basis a portion of a Client’s account assets in Mutual Funds, Exchange Traded Funds,
Collective Investment Funds, or other pooled funds sub-advised by INA, the Client’s account generally could, to the extent
permitted by law, be charged an investment management fee by INA on the portion of their account invested in such
Fund(s). In addition, accounts that hold such Fund(s) will also incur the costs related to being a shareholder or investor in
such Funds, including management fees, administrative fees, and other similar fees as described in the prospectus and/or
offering memorandum. INA maintains policies and procedures designed to ensure that clients are billed appropriately and
may potentially rebate the pooled fund fee, exclude positions in pooled funds from the separate account billing calculation,
or otherwise ensure that clients are not charged in excess of what is stipulated in their respective Advisory Agreements.
The annual total net expense ratio for a particular Fund may be higher or lower than the management fee INA charges for
that Client’s separate account.
For certain separately managed accounts, INA will utilize proprietary completion funds, which are no-fee mutual funds that
are designed and managed exclusively to be a component of an SMA portfolio. They are registered with the SEC under
the Investment Company Act of 1940 like other Mutual Funds but are only available to the manager of the SMA portfolio.
INA’s completion funds are not available to be purchased or sold by any other investor. These funds are intended to provide
...

Item 7: Types of Clients
INA provides Investment Advisory Services to institutional investors and individuals, including but not limited to: US and
non-US corporations, corporate pension plans, Taft-Hartley plans, public pension plans, charitable institutions and
foundations, government entities and municipalities, insurance and reinsurance companies other investment advisers
(including wrap fee providers), other US and non-US institutions, and trust and natural person accounts. INA also acts as
adviser and/or sub-adviser to registered and unregistered Funds, BNY Affiliates, and Clients in sub-advised programs.

Institutional Separate Account Requirements
Clients must execute an IMA granting the Adviser authority to manage their assets or exposures. INA generally imposes a
minimum account size of $100 million for most institutional separate account strategies. INA reserves the right to waive the
minimum relationship size requirements and negotiate fee rates in the Adviser’s sole discretion, in light of the nature of the
Client, prospective incremental funding rates, and/or a pre-existing relationship between the Client and the Adviser.
Accounts may also be subject to a minimum fee.

Mutual Funds, ETFs, and CITS
Investors in Mutual Funds, ETFs or CITs that are sub-advised by INA will be subject to different minimum investments and
other requirements dependent upon the particular vehicle in which they are invested. Investors should consult the relevant
offering documents for each Mutual Fund, ETF, or CIT for a full discussion of the requirements of that vehicle.

Clients in Sub-Advised and Wrap Fee Programs
A Client in a sub-advised program (“Program”) typically receives investment management of account assets through one
or more investment advisers (including INA) available via the Program for a consolidated advisory fee charged by the
Program sponsor (“Sponsor”) based on the value of the Client’s account assets. INA serves as a discretionary sub-adviser
in certain Programs and typically receives a portion of the fee for its services from the Sponsor. The Sponsor assists the
Client in defining the Client’s investment objectives based on information provided by the Client, aids in the selection of
one or more investment managers (including INA) to manage the Client’s account and periodically contacts the Client to
ascertain whether there have been any changes in the Client’s financial circumstances or objectives that warrant a change
in the arrangement or the manner in which the Client’s assets are managed. Additionally, INA serves as a wrap fee Program
manager to the BNY Managed Account Program (“BMAP”), which is sponsored by affiliated investment adviser, BNY Mellon
Investment Adviser, Inc (the Wrap Fee Program Sponsor). A wrap fee Program is a type of sub-advised Program in which
the underlying Program clients are presented with a selection of the Sponsor’s available investment strategies (pertaining
to various prospective investment managers) to opt into, rather than the Sponsor driving the selection of the third-party
manager. The Sponsor then charges one single all-inclusive fee (regardless of the volume of trading during the quarter)
that covers a range of services including brokerage and other transaction costs, administrative and other expenses, and