Momentum Advisors LLC

ITEM 5 - FEES & COMPENSATION
Financial Planning: Financial planning services are generally provided as part of the Firm’s overall
advisory relationship and are typically included within the investment management fee.

In certain circumstances, the Firm may offer financial planning services on a standalone basis for a fixed
fee. Such fees are determined based on the scope and complexity of the engagement and will be billed
separately as agreed upon in the client agreement.

Any applicable fees and billing arrangements will be disclosed to the client in writing prior to the
commencement of services.

There is no minimum fee for Financial Planning clients.

Consulting Services: Fees are negotiated based on the scope and complexity of the engagement.
While fees may often be around $1,000 per month, they may be higher or lower depending on the
circumstances.

Investment Management Services: The annual fee for discretionary investment management services
is charged as a percentage of assets under management, according to the following fee schedule:

            Assets Under Management                                Annual Fee (%)
            Up to -$999,999                                        1% (minimum annual fee is $3,000)
            $1 -$1,999,999                                         0.90%
            $2 million-$4,999,999                                  0.70%
            $5 million-$9,999,999                                  0.60%
            $10 million-$24,999,999                                0.55%
            $25 million+                                           0.50%

For example, if a client’s account is valued at $6,000,000, the annual fee would be calculated as follows:
($6,000,000 x .60%) = $36,000.

A minimum of $250,000 of assets under management is required for the Investment Management
service. This minimum account size may be negotiable under certain circumstances.

Momentum may, in its sole discretion, waive or reduce fees, or negotiate fees based on the specific
circumstances of a client and the assets under management. As a result, clients may pay higher or lower fees
than other clients receiving similar services. The Firm may also aggregate related client accounts for
purposes of determining applicable fee levels. In addition, discounted fees may be offered to family members
or friends of associated persons of the Firm. The Firm will provide clients with advance written notice of any
changes to its standard fee schedule that would result in an increase in fees. The Firm is deemed to have
custody of client assets in certain circumstances, including when it is authorized to deduct advisory fees
directly from client accounts and in connection with its role as investment adviser to private funds.

Courtesy Accounts: Some clients come to Momentum with various legacy holdings or assets. Upon
request, we will assist a client with establishing separate custodial accounts to hold these assets as a
courtesy, however, we may elect to or will not manage these assets. These assets will, therefore, not be
subject to our advisory fee schedule as disclosed above in this Item 5.

Third-Party Managers (Subadvisers) Fees: Fees and compensation for using the Subadvisers are
provided in more detail in the respective Subadvisers’ disclosure documents. The fees applicable to each
Subadviser’s client account include Momentum’s advisory fee and the Subadviser’s fee.

The client authorizes the Firm to debit its advisory fee from the client’s account(s) on a monthly or
quarterly basis, in arrears, at the end of each month or calendar quarter. Momentum’s advisory fee is
based on the net value of the assets in the account on the last business day of the prior month or quarter.
The Firm advisory fee charged to the account is in accordance with the schedule described above unless
Momentum, in its sole discretion, decides to charge less or more than the stated fee rates in the Fee
Schedule.

Momentum calculates the advisory fee and provides the custodian with the applicable advisory fee (%)
based on the amount of the client’s assets under management.

Other fees for special services requested by the client may also be assessed. The client should consider all
applicable fees before investing with the Firm. Clients may terminate the Subadvisers’ Platform accounts at
any time and receive a full pro-rata refund of any unearned fees.

Newsletters, Educational Seminars, and Podcast: Momentum offers the distribution of periodic
newsletters, participation in periodic educational seminars, and access to podcast content. Momentum
does not charge a fee for the newsletters, educational seminars, or podcast. These materials and events
are general in nature and are provided for informational and educational purposes only, without providing
any specific investment advice.

Fee Billing: Clients are generally billed for investment management services on a monthly or

quarterly basis, in arrears. Fees are calculated based on the value (market value or fair market
value in the absence of market value) of the client’s account as of the last day of the applicable
billing period. Clients may elect to have advisory fees deducted directly from their custodial account.
In such cases, the custodian will send an account statement to the client reflecting the amount of the
fee deducted. The custodian does not verify the accuracy of the Firm’s fee calculations, and clients
are encouraged to review such statements carefully. Alternatively, clients may elect to be billed
directly by the Firm, in which case fees are due upon receipt of an invoice. Fees for any partial
billing period will be prorated based on the number of days the account is managed during the
period.

The Firm may waive, reduce, increase, or rebate the Management Fee attributable to any private Fund
investors, including, without limitation, any employee, agent or affiliate of the Firm. Private fund investors
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