Investors Asset Management of Georgia Inc

Fees and Compensation
Investors Asset Management’s basic advisory fee schedule is as follows:

1.25% annually of the first $1,000,000 of assets
1.00% annually over $1,000,000 but under $5,000,000
0.75% annually over $5,000,000

The specific manner in which fees are charged is established in the client’s written
agreement and in special circumstances, at our discretion, fees may be negotiated.
Annual fees are payable quarterly, due in advance at the beginning of each calendar
quarter. The initial fee will be prorated according to the number of days remaining
in the calendar quarter and based on the initial deposit. It is suggested that fees be
deducted from accounts but may be billed directly to each client in special cases.

Investors Choice Retirement Plan Program
This consulting and advisory program charges an asset-based fee of up to 1.00%
depending on the extent of our involvement, the size of the Retirement Plan, and the
services desired. In addition, there may be a one-time set up fee, or other fees
charged to reimburse Investors Asset Management for Retirement Plan set up
expenses. Our annual fees can be billed quarterly in advance or arrears and may be
billed directly to the Retirement Plan sponsor or through the Retirement Plan
recordkeeper or custodian. In certain circumstances, such as a new Retirement Plan,
a flat or negotiated fee may be agreed upon. Clients will incur certain other charges
imposed by other parties that are integral to the operation of these Retirement

Plans. The recordkeeper, custodian, third party administrator, mutual funds, and
other parties impose fees for their services, in addition to ours, which will be outlined
in their respective contracts or prospectus. The firm currently recommends several
custodians including but not limited to the Tool(k)it platform of Matrix Financial, AIG,
and the ModelxChange platform of MidAtlantic Trust.

Investors Asset Management has begun participating in a program through
MidAtlantic Trust Company called the “ManagerxChange” platform. Other firms or
advisors may select one of our five model portfolios for their client accounts and our
firm receives an asset-based fee of up to .35% on account values custodied at
MidAtlantic.

Planning and Advisory Fees
Fees are determined on a case-by-case basis after an initial review of a client’s
circumstances and goals. The minimum fee is $150 per hour for reviews that require
a minimum number of hours to complete. Complex or in-depth reviews are $2,500
paid half in advance and the remainder upon the delivery of the written review. At
our discretion, these fees are negotiable. Implementation of recommendations
made in the financial plan through the firm’s advisors is at the client’s discretion.

General Fee Information
Under no circumstances will fees of $1200 or more be billed six months or more in
advance. Clients who invest in mutual funds may incur management and other
fees in addition to our advisory fee.

In addition to the advisory fees paid to IAM, clients can also incur certain charges
imposed by other third parties, such as broker-dealers, custodians, trust companies,
banks and other financial institutions (collectively “Financial Institutions”). These
additional charges include securities brokerage commissions, transaction fees,
custodial fees, fees charged by the Independent Managers, charges imposed directly
by a mutual fund or ETF in a client’s account, as disclosed in the fund’s prospectus
(e.g., fund management fees and other fund expenses, 12(b)-1 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.

The advisory fee calculation is based on the total account value as of the last day of
the calendar quarter as reflected on the custodial account statement, and includes
cash or cash equivalents held in the account. In a low interest rate environment, our
advisory fees charged could exceed the money market yield on cash held in the
account.

Some mutual funds pay 12(b)-1 service fees (normally 0.25% per year) to the
Custodian that holds client accounts. Mutual funds IAM could purchase or
recommend offer a variety of share classes, including some that do not charge 12(b)-1
fees and are, therefore, less expensive. These fee arrangements will be disclosed
upon request of a client and are available in the applicable fund‘s prospectus.

Typically, IAM does not recommend mutual funds that charge 12(b)-1 fees when

other share classes are available. However, there are instances in which the IAM
would recommend a mutual fund that carries a 12(b)-1 fee, even when a lower-cost
share class is available for the same fund. For example, a lower-class share may not
be available to IAM due to investment minimums. In other cases, mutual funds
charging 12(b)-1 fees are transferred into IAM, in which case the IAM may
recommend the client holds the existing share class, instead of selling the fund and
buying a lower-cost share. When making a recommendation to convert or hold a
share, class, IAM will consider transaction fees, anticipated future investment activity,
potential tax consequences and the availability of alternative share classes. Based on
these and other considerations, a share class conversion may not be recommended,
even if a cheaper share class exists. IAM does not receive any part of the fees charged
by Mutual Funds.

Accounts may require a minimum advisory fee or quarterly maintenance fee that
will be detailed in the applicable advisory agreement. The Management Fee also
does not cover fees and charges in connection with: debit balances; margin interest;
odd-lot differentials; IRA fees; transfer taxes; exchange fees; wire transfers;
extensions; non-sufficient funds; mailgrams; legal transfers; bank wires; postage;
costs associated with exchanging foreign currencies; and SEC fees or other fees or
...

Types of Clients
Investors Asset Management of Georgia, Inc. provides portfolio management and
advisory services to individuals, high net worth individuals, corporations, Retirement
Plans, charitable institutions, foundations, endowments, trusts, and others.

$100,000 cash and/or marketable securities are suggested for starting an
investment advisory account. In our sole discretion, lesser amounts may be
accepted in certain circumstances, including relatives of existing clients as a
courtesy, or accounts that will be funded regularly which will grow the account to
$100,000 or more in the near future. Under certain circumstances, the minimum
may be waived, including related accounts that may be combined to meet the
minimum if the services involved may otherwise be provided.

Methods of Analysis, Investment Strategies and Risk of Loss
Our investment strategy for discretionary accounts is focused on diversifying
accounts in publicly traded securities. We diversify between stocks, bonds and
mutual funds with allocations differing in these asset classes based on each client’s
goals and risk tolerance. Our analysis revolves around determining where the
economy is in the economic cycle. Based on this analysis, portfolios are positioned
to take advantage of growth prospects over the long term. We employ a buy and
hold strategy but may get more defensive periodically by increasing cash
allocations to protect capital.

It is important to note that investing in securities involves a risk that clients should
be prepared to bear. For any risks associated with Investment Company products,
please refer to the prospectuses for additional details about these risks. Our
investment approach constantly keeps the risk of loss in mind. These risks include,
but are not limited to:

   •   Interest-rate Risk: Fluctuations in interest rates may cause investment prices
       to fluctuate. For example, when interest rates rise, yields on existing bonds
       become less attractive, causing their market values to decline.
   •   Market Risk: The price of a security, bond, or mutual fund may drop in reaction
       to tangible and intangible events and conditions. This type of risk is caused by
       external factors independent of a security’s particular underlying
       circumstances. For example, political, economic and social conditions may
       trigger market events.
   •   Inflation Risk: When any type of inflation is present, a dollar today will not buy
       as much as a dollar next year, because purchasing power is eroding at the rate
       of inflation.
   •   Reinvestment Risk: This is the risk that future proceeds from investments may
       have to be reinvested at a potentially lower rate of return (i.e. interest rate).
       This primarily relates to fixed income securities.
   •   Business Risk: These risks are associated with a particular industry or a
       particular company within an industry. For example, oil-drilling companies
       depend on finding oil and then refining it, a lengthy process, before they can
       generate a profit. They carry a higher risk of profitability than an electric
       company, which generates its income from a steady stream of customers who
       buy electricity no matter what the economic environment is like.
   •   Liquidity Risk: Liquidity is the ability to readily convert an investment into
       cash. Generally, assets are more liquid if many traders are interested in a
       standardized product. For example, Treasury Bills are highly liquid, while real
       estate properties are not.
   •   Financial Risk: Excessive borrowing to finance a business’ operations increases
       the risk of profitability, because the company must meet the terms of its
       obligations in good times and bad. During periods of financial stress, the
       inability to meet loan obligations may result in bankruptcy and/or a declining
       market value.