Kane Investment Management Inc

Item 5 – Fees and Compensation
The specific manner in which fees are charged by Kane Investment Management, Inc. is
established in a client’s written agreement with Kane Investment Management, Inc. Kane
Investment Management, Inc. bills its management fees on a quarterly basis, in advance.
Clients may elect to be billed directly for fees – payable by check - or authorize Kane
Investment Management, Inc. to debit fees from client accounts. Account termination
requires 30 days written notice to Kane Investment Management, Inc. and fees are then
charged on a prorated basis. Upon termination of an account, any prepaid, unearned fees
will be promptly refunded, and any earned, unpaid fees will be due and payable. Kane
Investment Management, Inc.’s fees are exclusive of brokerage commissions, transaction
fees and other related costs and expenses that shall be incurred by the client. Clients may
incur certain charges imposed by custodians, brokers, third-party investment and other
third parties (such as fees charged by managers, 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). Mutual funds and exchange-
traded funds also charge internal management fees, which are disclosed in a fund’s
prospectus. Such charges, fees and commissions are exclusive of and in addition to Kane
Investment Management Inc.’s fees, and Kane Investment Management, Inc. does not
receive any portion of these commissions, fees and costs. Please see Item 12 – Brokerage
Practices for more information on our approach to clients’ brokerage and custody options.

The fee schedule applicable as of this Brochure is as follows:

       Net Asset Value                                           Quarterly Fee
         $0 to       $50,000                 0.375%   of Net Asset Value         (min. fee = $100)
    $50,000 to      $100,000     $188    +   0.350%   of Net Asset Value over              $50,000
  $100,000 to       $500,000     $363    +   0.325%   of Net Asset Value over             $100,000
  $500,000 to $1,000,000        $1,663   +   0.250%   of Net Asset Value over             $500,000
 $1,000,000 to $2,500,000       $2,913   +   0.240%   of Net Asset Value over           $1,000,000
 $2,500,000 to $5,000,000       $6,513   +   0.200%   of Net Asset Value over           $2,500,000
 $5,000,000 & over             $11,513   +   0.180%   of Net Asset Value over           $5,000,000

Item 7 – Types of Clients
Kane Investment Management, Inc. provides portfolio management services to individuals,
high net worth individuals, 401K plans, trusts, and estates.

Kane Investment Management, Inc. does not require a minimum amount to open or
maintain an account.