Rhicon Currency Management PTE Ltd

Item 5 Fees and Compensation
In general, Rhicon receives a management fee and a performance fee in connection
with advisory services. Investors in a Fund also bear certain expenses.

Management Fees
Each Fund share class pays Rhicon a management fee calculated monthly as of the end of each
month, payable quarterly (the “Management Fee”). Management fees per share class are described in
each Fund’s applicable Offering Memorandum, investment management agreement, sub-advisory
agreement or prospectus and supplemental disclosure document or other governing document, as
applicable. The Management Fees are generally payable monthly or quarterly in arrears and are
calculated as of the last day of each month. Rhicon has waived, reduced and/or modified Management
Fees for Clients (or for certain investors therein, as applicable) and may do so in the future. Similarly,
Rhicon has substituted Management Fees in whole or in part with performance fees as agreed with
Clients and may do so in the future.

Performance Fees
Rhicon receives performance-based compensation from certain Clients, which is compensation that is
based on a share of capital gains or capital appreciation of the assets of a Client above the applicable
benchmark, if any. Where Rhicon receives performance fees from Clients, the fee is based on a
percentage share of the capital gains (net new profits) above a high-watermark on the assets we
manage over an agreed upon time period.

See Item 6 below for a description of Performance-Based Fees.

Other Fees & Expenses
Rhicon’s Management and Performance fees are in addition to brokerage commissions, transaction
fees, service provider fees, distribution fees, as applicable, and other related costs and expenses
which will be incurred by Clients. Execution of Client transactions typically requires payment of
brokerage commissions by Clients. Please see Item 12 – Brokerage Practices below for a description
of the factors that Rhicon considers in selecting counterparties for the execution of transactions and
determining the reasonableness of their compensation. Investment activity may also involve other
transaction fees and taxes payable by Clients, including but not limited to, sales charges, odd-lot
differentials, transfer taxes, financial transaction taxes, wire transfer and electronic fund fees, overdraft
fees and other fees and taxes on brokerage accounts and securities transactions. In addition, Clients
may incur certain charges imposed by custodians, prime brokers, counterparties, banks, governmental
authorities, third-party investment consultants, attorneys and other third parties, such as custodial fees,
consulting fees, administrative fees, auditing fees, legal fees, insurance fees, and transfer agency fees.
Clients may also pay certain fees and/or expenses relating to governmental, regulatory, licensing,
filing, or registration filings and their preparation, incurred in compliance with the applicable rules of
any self-regulatory organization or any foreign, U.S. federal, state or local laws; to the extent permitted
by applicable law, and subject to applicable client documentation, legal fees and costs arising in
connection with litigation or a regulatory investigation; and extraordinary expenses or costs that the
Client may incur.

Item 7 Types of Clients
Rhicon provides investment advisory services only to qualified clients. Fund investors must be
accredited investors and qualified eligible purchasers. This may include

     Investment companies;
     Pooled investment vehicles (other than investment companies and business development
      companies);
     Pension and profit sharing plan (but not the plan participants or government pension plans);
     Institutions such as pension plans, endowments, multi-managers, foundations.
     Institutional Currency Platforms
     Single and multi-family offices
     High Net Worth individuals

Where relevant, this disclosure also includes information about the minimum account size necessary to
open and maintain each type of client account.

Separately Managed Accounts
Rhicon provides investment advisory services to Clients in separately managed accounts (each a
“SMA”). Due to the costs incurred managing a SMA, Rhicon requires a minimum account size of USD
$5,000,000. At our discretion, we may lower this minimum account size. For example, we may
lower the minimum if the investor appears to have significant potential for increasing assets under
management with Rhicon.

Rhicon Strategic Fund
The Fund has a minimum investment amount of USD $500,000 as described in the Fund’s Offering
Memorandum, subject to waiver or modification at the discretion of the Board of Directors of the Fund.
Each investor in the Fund must be an “accredited investor” as defined in Regulation D under the
Securities Act of 1933, as amended (the “Securities Act”), and a “qualified eligible person” under
Commodity Futures Trading Commission (“CFTC”) Rule 4.7.

Investment Platform Providers
Rhicon provides investment management services to institutional platforms. These are established by
investment platform providers, typically investment banks. They enable high net worth, private banking,
pension and other institutional clients to gain exposure to strategies such as RSP. Rhicon’s advisory
agreement is with the platform provider or the investment entity established by the bank rather than
their underlying clients.