Macquarie Investment Management Austria Kapitalanlage AG

Item 5: Fees and Compensation

A. Compensation
MIMAK does not have a basic fee schedule. Fee rates are negotiable and may vary
depending on a number of factors, including the size and nature of the mandate and
the nature of the services provided. Fees may comprise management fees (either a
fixed Euro amount or a percentage of gross or net assets under management) and
performance fees. For certain advisory mandate (where appropriate) hourly rates may
be negotiated. The specific fee arrangements, including the amount, timing, and basis
of calculation is determined through negotiations with the client and documented in a
written agreement.

B. Payment of Fees

The time at which fees are payable is negotiated with the client. In general,
management fees are payable monthly or quarterly in arrears. Performance fees are
payable on outperformance above an agreed benchmark and may be subject to a high
watermark. The written agreement with the client generally provides that the client may
terminate the agreement under specific circumstances without the payment of any
penalty, upon giving notice to MIMAK.

C. Other fees
No additional fees are paid to MIMAK by clients in connection with advisory services
provided.

D. Payment of Fees in Advance
Clients are not permitted to pay fees in advance of advisory services being provided.

E. Compensation for Sale of Securities or Other Investment Products
MIMAK and/or its supervised persons of MIMAK may receive commissions or other
fees for the sale of securities or other investment products. All forms of compensation
relating to MIMAKs advisory business are outlined in Item 5.A.

Macquarie Investment Management Austria
Kapitalanlage AG Form ADV Part 2A                                                Page 7

Item 7: Types of Clients

MIMAK generally provides investment advisory services to the following types of clients:

   •   Pooled investment vehicles, including those registered as investment
       companies under the Investment Company Act of 1940:
   •   Pension and profit-sharing plans; and
   •   Corporations/business entities
   •   US based investment managers
   •   (Family) trusts
   •   SICAV and other UCITS funds
   •   Other pooled investment vehicles

Macquarie Investment Management Austria
Kapitalanlage AG Form ADV Part 2A                                                   Page 9