Item 5 ‐ Fees and Compensation
Limited Negotiability of Advisory Fees: Although Rampart Investment Management Company, LLC has
established fee schedule(s) for each of its strategies, we retain the discretion to negotiate alternative
fees or minimum account size on a client‐by‐client basis. Client facts, circumstances and needs will be
considered in determining the fee schedule. These include the complexity of the client, assets to be
placed under management, anticipated future additional assets, related accounts, portfolio style,
account composition, reports, among other factors. The specific annual fee schedule will be identified in
the contract between the adviser and each client.
Rampart, at its discretion, may group certain related client accounts for the purposes of achieving the
minimum account size requirements and determining the annualized fee.
Fees Billed in Advance or Arrears: Rampart’s separately managed account advisory fees will be charged
in one of two ways as agreed upon with the client:
In advance: Advisory fees are billed in advance at the beginning of each calendar quarter based
upon the asset value (market or fair market value in the absence of market value) of the client’s
account at the end of the previous quarter.
In arrears: Advisory fees are billed in arrears at the end of each calendar quarter based upon the
asset value (market or fair market value in the absence of market value), of the client’s account
at quarter‐end.
Clients will be billed on a quarterly basis in accordance with the terms set forth in the Investment
Management Agreement.
Following are basic annual fees for advisory products.
PORTABLE YIELD STRATEGY (PYS)
Fee Schedule Range: 35 bps to 60 bps
Minimum Account Size:
$20 million for Institutional Clients
$5 million for RIA/Family Office Clients
$3 million for Sub‐Advisory/Strategic Partner Clients*
*Fees are negotiated with Adviser
SYSTEMATIC RELATIVE STRENGTH STRATEGY
Fee Schedule Range: 35 bps to 85 bps
Minimum Account Sizes:
$20 million for Institutional Clients
$20 million for RIA/Family Office Clients
$20 million for Sub‐Advisory/Strategic Partner Clients*
*Fees are negotiated with Adviser
CONCENTRATED STOCK OVERLAY STRATEGY
Fee Schedule Range: 22.5 bps to 50 bps
Minimum Account Sizes:
$20 million for Institutional Clients
$5 million for RIA/Family Office Clients
$1 million for Sub‐Advisory/Strategic Partner Clients*
*Fees are negotiated with Adviser
RAMPART BENCHMARK STRATEGIES
Fee Schedule Range: 35 bps to 60 bps
Minimum Account Sizes:
$20 million for Institutional Clients
$5 million for RIA/Family Office Clients
$3 million for Sub‐Advisory/Strategic Partner Clients*
*Fees are negotiated with Adviser
BENCHMARK BUY‐WRITE STRATEGIES
Fee Schedule Range: 15 bps to 40 bps
Minimum Account Sizes:
$20 million for Institutional Clients
$5 million for RIA/Family Office Clients
$3 million for Sub‐Advisory/Strategic Partner Clients*
*Fees are negotiated with Adviser
Advisory Fees – Mutual Funds
Rampart generally receives an annual management fee ranging from 30 bps to 60 bps of the market
value under management for sub‐advising affiliated mutual funds.
GENERAL INFORMATION
Termination of the Advisory Relationship: A client agreement may be canceled at any time, by either
party, for any reason upon receipt of 30 days written notice. As disclosed above, certain fees are paid in
advance of services provided. Upon termination of any account prior to quarter‐end, client will receive a
prorated refund of unearned fees. For accounts billed in arrears, if services are terminated prior to
quarter‐end, we will charge fees based on the portion of the quarter in which we rendered services. We
bill clients directly, or they may authorize their custodian to debit fees from their account and remit
payment to us.
Wrap Fee Programs and Separately Managed Account Fees:
Clients participating in separately managed account programs may be charged various program fees in
addition to the advisory fee charged by our firm. Such fees may include the investment advisory fees of
the independent advisers, which may be charged as part of a wrap fee arrangement. In a wrap fee
arrangement, clients pay a single fee for advisory, brokerage and custodial services. Client’s portfolio
transactions may be executed without commission charge in a wrap fee arrangement. In evaluating such
an arrangement, the client should also consider that, depending upon the level of the wrap fee charged
by the broker‐dealer, the amount of portfolio activity in the client’s account, and other factors, the wrap
fee may or may not exceed the aggregate cost of such services if they were to be provided separately.
We will review with clients any separate program fees that may be charged to clients.
Referral fees: Where a particular broker‐dealer refers clients to Rampart, Rampart may be directed to
execute securities transactions to that broker‐dealer.
Additional Fees and Expenses: Our fees are exclusive of broker commissions, transaction fees, and
other related costs. In addition to our advisory fees, clients are also responsible for the fees and
expenses charged by custodians, broker dealers and third parties, including, but not limited to, any
transaction charges imposed by a broker dealer with which an independent investment manager effects
transactions for the client's account(s). Such fees may include 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 security transactions. Please refer to the "Brokerage Practices" section (Item
12) of this Form ADV for additional information.
...