Isometry Capital LLC

Item 5 – Fees and Compensation

The specific terms of Isometry’s fees and compensation arrangements are set forth in each of the Client’s
offering documents or investment management agreement (collectively, “Governing Documents”).
Isometry currently receives management fees calculated as a percentage of assets under management
(“Management Fee”) from certain of its Clients. Specifically, Isometry receives quarterly Management Fees
from the Funds and monthly and quarterly Management Fees from its Managed Accounts. For those Clients
charged a Management Fee, the fee generally ranges from 1% to 2%.

Management Fees are deducted from the applicable Client assets or invoiced for fees owed monthly or
quarterly in advance, as further disclosed in each Client’s Governing Documents. While the management
fee is generally non-negotiable, Isometry has in the past and may again in the future waive or modify the
fee for certain Investors who are members, supervised persons or affiliates of Isometry, relatives of such
persons, or for certain large or strategic Investors.

In addition to the management fees described above, certain Clients are responsible for certain of its
operating expenses as disclosed in each Client’s Governing Documents. Isometry’s fees are exclusive of
brokerage commissions, brokerage fees, transaction fees, and other related costs and expenses incurred by
the Client. Please see also Item 12, “Brokerage Practices” below. Other expenses born by Clients include
certain charges imposed by custodians, brokers, 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. Fund investors and other Clients should refer to the applicable Governing

Documents for a complete list of expenses associated with each Client. The Affiliate Vehicle is not charged
any fees by Isometry and is responsible for its share of all expenses related to its operations as outlined
further in its related Governing Documents.

The calculation and payment of the Management Fee for the applicable Clients are pro-rated for any period
that is less than a full month or quarter, as applicable. Any prepaid fees not subsequently earned through
continuing management services are refunded.

Neither Isometry nor any of the Firm’s supervised persons will accept compensation for the sale of
securities or other investment products.

Item 7 – Types of Clients

As further described in Item 4 of this Brochure, the Firm currently provides investment advice to Managed
Accounts, the Affiliate Vehicle, the Funds, and Sub-Advisory Funds. The Funds and Sub-Advised Funds
are private pooled investment vehicles exempt from registration under the Investment Company Act. The
Clients are limited to individuals and entities that meet the criteria of “accredited investors” (as defined in
Rule 501 under the Securities Act of 1933, as amended) and “qualified clients” or “qualified purchasers”
(as defined under the Investment Advisers Act of 1940, as amended). Holders of Managed Accounts are
generally institutions, corporations, and sovereign wealth funds.
Prospective investors should refer to the Governing Documents of the respective Clients for information
on minimum investment requirements. The minimum investment for a Managed Account is specific to the
particular account and is disclosed in the Governing Documents. Minimum investment requirements in the
Funds are up to $1,000,000, as further disclosed in each Funds’ Governing Documents. Such minimum
investment amounts for the Funds may be waived by the related general partner, in its sole discretion.