Regions Investment Management Inc

Item 5 - Fees and Compensation
RIM receives annual compensation in the form of revenue from Regions Bank by
written agreement to provide research information to Regions Bank personnel, among

other services. RIM’s compensation is paid by Regions Bank, and is based upon a
percentage of the assets managed according to RIM’s strategies. RIM does not bill
Regions Bank or clients of Regions Bank, nor does it deduct fees from the accounts of
clients of Regions Bank. RIM does not receive payments from third parties in
exchange for offering their products.

In addition to investment management fees, clients may bear trading costs, and may
also incur custodial fees.

The fee schedules below do not include brokerage commissions, other charges
associated with securities transactions with or through a broker-dealer, mark-ups or
mark-downs, odd-lot differentials, stock exchange fees, transfer taxes or any other
charges mandated by law. These charges will be separately billed to each account by
the broker-dealer or other custodial entity. Additional information concerning some
fees can be found in Item 12 of this brochure.

The fee schedule below reflects the fees that RIM receives for its services to Regions
Bank. The fees are paid to RIM quarterly, in arrears:

                 Service                                    Annual Fee
 Equity Model Strategies                         0.2% of assets under management
 Bond Model Strategies                           0.2% of assets under management

RIM does not receive compensation for the sale of securities or other investment
products (e.g.: service fees from the sale of mutual funds or asset-based sales
charges).

RIM is held to a fiduciary standard that covers the advisory services that it
provides to Regions Bank and its clients who utilize the products and or services
of RIM made available through Regions Bank. RIM provides their financial
professionals with competitive base salaries as well as annual
incentives. Annual incentives may take the form of short-term and long-term
incentives based on the professional’s position and title. Short-term incentives
include cash bonuses and are based on how well the professional completes an
agreed upon set of tasks. Long-term incentives include stock grants that vest
over time. The base salary nor the annual incentives for RIM associates are
based upon the marketing of any RIM product or service by any RIM associate.

Item 7 - Types of Clients
RIM has one client and that is Regions Bank. RIM provides model strategies and
provides portfolio management to Regions Wealth Management, a business unit of
Regions Bank, for use by Regions Wealth Management with its clients. Where the
term “client” or “clients” is used within this document, it is referring to either Regions
Bank or the clients of Regions Wealth Management.