Just Futures Advisors LLC

Item 5 – Fees and Compensation

Just Futures asset-based fees vary depending upon the type of investment advisory service provided and
client-type.

Just Futures                  ADV Part 2AB                    February 26                          Page 6 of 25

We are compensated for ERISA Fiduciary Services at a negotiable maximum rate of 0.70% of assets under
management for for-profit entities, and 0.30% for non-profit entities. If Sponsor elects to be invoiced,
Fees will be calculated in arrears based on the average daily balance of the account(s) under management
for the preceding quarter and will be payable in full within thirty (30) days from the date of the Advisor’s
invoice. Sponsor shall verify the accuracy of all Fees paid under the Advisory Agreement. Lower fees for
comparable services may be available from other sources.

For asset management that does not involve our ERISA Fiduciary Services, clients are charged a maximum
rate of 1.50% of assets under management. Individual, Non-profit, or charitable organization clients are
charged at a reduced rate depending on the type and complexity of the investment solutions provided.
At the discretion of the Adviser, hourly fees of up to $400 per hour may also be negotiated instead of
asset -based fees. Hourly fees shall be billed quarterly, in arrears or advance, as indicated in their
agreement. The hourly fee shall not meet or exceed 3% of your AUM annually.

         Example fee calculation for a retail advisory client with $1,000,000 in assets under management:

         $ 1,000,000 x 1.50%/4 = $3,750 quarterly fee

Clients who use Betterment, are charged up to a maximum rate of 0.30% of assets under management to
account for our model-based solution hosted on the Betterment platform described in Item 4. A portion
of this fee is paid to Betterment for use of the platform described in Item 4. The amount paid to
Betterment shall vary depending on the total assets Just Futures as a firm manages through the
Betterment Platform:

         Asset Range ($) Fee to Betterment

         0-2 million     0.20%

         2-10 million    0.18%

         10-30 million   0.16%

         30-100 million 0.14%

         100+ million    0.12%

         This is deducted from your negotiated fee that shall be a maximum of 0.30%

         Example fee calculation for an IRA advisory client with $1,000,000 in assets under management:

         $ 1,000,000 x 0.30%/4 = $750 quarterly fee to the client, $500 of which (0.20%) is paid to
         Betterment and $250 (0.10%) is retained by Just Futures

As part of the account creation process on the Betterment platform the client will receive a copy of
Betterment’s privacy policy, customer agreements, Form CRS relationship summary, and Form ADV
brochure.

Just Futures                  ADV Part 2AB                   February 26                         Page 7 of 25

Impact Fund Acceleration clients are charged at a negotiated price based upon the specific services
provided. Such fees are determined based upon an hourly rate of up to $400 per hour. This negotiated
rate shall depend on the size, complexity and financial conditions unique to each client. As stated above,
the hourly fee shall not meet or exceed 3% of your AUM annually.

         Example fee calculation for an Impact Fund Acceleration advisory client:

         $400 per hour x 5 hours used in the quarter = $2,000 quarterly fee

We reserve the right to negotiate lower fees for certain clients than what is specified above. Negotiated
fees may differ based on factors, including but not limited to the type and size of the relationship,
anticipated investments, and the services provided to the client.

Fees will be prorated and billed quarterly in arrears or advance, as indicated in their agreement, based on
the average daily balance of the account(s) under management for the preceding quarter. Services shall
continue in effect until terminated by either party with a thirty (30) day written notice to the other, in
person or by mail to the address of record. If the advisory relationship is terminated, the fee for the final
billing period will be prorated through the effective date of the termination, and the outstanding portion
of the fee will be charged to the client. If specified in your agreement, fees are paid in advance. If our
engagement is terminated before the end of the period in respect of which the fees have been paid, any
unearned fees paid in advance for the period following the termination shall be returned to clients. Unless
otherwise agreed to in writing, the amount of such fees to be returned is calculated based on the number
of days remaining in the applicable period. If this brochure was not provided to the client forty-eight (48)
hours prior to entering into an Agreement with Just Futures, then the Client has the right to terminate the
contract without penalty within five (5) business days after entering into the contract.

In addition to investment management fees, clients may also be responsible for additional expenses such
as brokerage fees, commissions, mark-ups, mark-downs, custody fees, and fees charged by mutual funds
and exchange traded funds (including, without limitation, 12b-1 fees, operating expenses, and other fees
and expenses) as reflected in the prospectuses for such mutual funds and ETFs, fees, and expenses
associated with investments in private funds (as reflected in the offering documents for such private
funds), reporting charges, account maintenance fees, wire fees, taxes, and other fees and expenses

Automatic Payment of Fee
The Client may authorize the Custodian or Administrative Services Provider to pay directly to Just Futures
upon receipt of notice, the Account's investment advisory services fee. Fee withdrawals will occur no
more frequently than quarterly from the Client's Account, unless specifically instructed otherwise by the
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