Newsong Capital Management Inc

Item 5 Fees and Compensation
ADVISORY FEES

The following information describes how NewSong is compensated for the advisory services we
provide to our clients. The specific manner in which fees are charged and the compensation we
receive may differ between clients depending upon the individual Investment Management
Agreement with each client. NewSong reserves the right to negotiate our compensation with clients
depending on the scope of our advisory relationship, and we may charge higher or lower fees than
are available from other firms for comparable services. NewSong has the general discretion to waive
all or a portion of our fees, but typically only exercises this discretion for our employees.

Investment Management Fees. In consideration for providing investment management services and
pursuant to the Investment Management Agreement with the client, NewSong charges an annual
asset-based fee of up to 1.50% based on the client’s assets under management (“AUM”) as valued by
the custodian. Fees are negotiated with each client based on a variety of factors, such as the amount
of assets being managed, future deposits to the accounts under our management, the level and type
of services provided and/or the nature of the relationship with the client. Please refer to the formula
for calculating the annualized management fee below:

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Note: During years consisting of more or less than 252 trading days, the formula will be adjusted
accordingly.

NewSong generally bills our investment management fees on a monthly basis in arrears. Clients have
the option to be billed directly via invoice or have our fees deducted from their advisory accounts.
To have our fees deducted from their accounts, clients must authorize the deduction of our fees from
their managed accounts by the qualified custodian, Interactive Brokers, on our firm’s behalf. Clients
may elect to have our advisory fees calculated by our firm or Interactive Brokers and deducted from
their accounts. The client makes this election when applying for their account at Interactive Brokers
or at any time or cancels the existing arrangement. All fees will be supported by an invoice to the
client itemizing the fee.

Pension Plan Advisory Services Fees. In consideration for providing these services and pursuant to
the Non-discretionary Investment Management Agreement with the client, NewSong either charges
an annual asset-based fee or an annual flat fee.

   A. Asset-based fees. NewSong charges an asset-based fee ranging from .25% of up to 1.00% are
      charged and based on the client’s assets under management (“AUM”) as valued by the
      custodian. The asset-based fee will be negotiated with the client based on the size of the plan,
      number of participants, and the services NewSong will provide the Client, such as enrollment,
      support, educational, meetings, and investment allocation menu recommendations. This fee

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        will be billed monthly or quarterly in advance. They will be deducted from participant
        accounts as prorated asset charges.

                                       Asset-based Fee Schedule

                   Blended Assets Under Management                            Fee
                             First   $500,000.00                            1.00%
                             Next $500,000.00                               0.75%
                             Next $4,000,000.00                             0.65%
                              Next $5,000,000                               0.75%
                              Next $10,000,000                              0.50%
                              Next $10,000,000                              0.40%
                              Next $20,000,000                              0.30%
                              Next $50,000,000                              0.25%

    B. Annual Flat Fee. An annual flat fee is negotiated typically with start-up plans or large plans.
       The minimum annual flat fee is $1,500. The annual fee is paid quarterly in advance. Clients
       will be invoiced for this fee and will submit payment via check.

Financial Planning Fees. Clients will be billed a one-time fee of $2500.00 in advance and $125 per
month thereafter. The monthly fee will be billed on the first of each month. Clients will receive an
automatic email payment reminder. Clients may log into their user profile to make payment. The
initial one-time fee will be utilized to gather the client’s objectives, assess their risk tolerance, conduct
research, and build the initial plan. Clients will receive a quarterly report describing the actions that
were taken to facilitate the client’s financial plan.

Additional Fees and Expenses. Clients will incur transaction charges and/or brokerage fees when
purchasing or selling securities. These charges and fees are typically imposed by the broker- dealer
or qualified custodian through which account transactions are executed. For more information on our
brokerage practices, please refer to Item 12 (Brokerage Practices) of this Brochure.

The fees that clients pay to our firm for investment advisory services are separate and distinct from
the fees and expenses charged by mutual funds and/or exchange traded funds (described in each
fund’s prospectus) to their shareholders. The fees charged directly by mutual funds and exchange
traded funds will typically include a management fee and other fund expenses.

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To fully understand the total costs associated with their investment portfolio, clients should review
...

TYPES OF CLIENTS

NewSong offers investment advisory services to a diversified group of clients including individuals,
high net worth individuals, trusts, estates, pension, and profit-sharing plans (other than plan
participants), charitable/non-profit organizations, and corporations and other business entities. Client
relationships may vary in scope and length of service.

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ACCOUNT REQUIREMENTS
NewSong does not require a minimum account balance for our investment management services.