Sciencast Management LP

Item 5: Fees and Compensation

Item 5.A
Fixed & Performance-based Advisory Fees
Under certain investment management agreements, Sciencast is compensated for its services
through a combination of expense pass-through and performance-based compensation. Under this
agreement, the client pays Sciencast a monthly expense payment to cover certain agreed upon
expenses which may include expenses typically paid by the adviser from an asset-based fee (e.g.,
rent, salaries, and operating expenses and salaries). Expense payments are payable monthly in
advance and are prorated for partial periods. Expense payments are subject to ongoing review and
may be adjusted upward or downward, subject to the mutual agreement of Sciencast and the client,
in accordance with operations or the services provided.
Asset-based Advisory Fees
Sciencast also may be compensated for its services through a combination of an asset-based
advisory fee and performance-based compensation, subject to the terms of an investment
management agreement between Sciencast and each client. Asset-based fees are typically
calculated and payable quarterly in advance as of the beginning of each quarter, at an annual rate
of up to two percent (2.00%) of investable assets. Asset-based fees are negotiable based on a range
of factors including, but not limited to the size of the account, related accounts, the complexity of
the strategy and/or the service level of the overall relationship.
Sciencast may in the future enter into other advisory agreements at different terms and fee rates
than those offered to current clients.
Performance-based fees are described further in Item 6, below.

Item 5.B
All advisory fees are deducted from client assets monthly or quarterly in advance as of the
beginning of each quarter. Amounts accepted after the commencement of a calendar quarter will
be subject to a pro-rated fee.

Item 5.C
Advisory and performance-based fees payable to Sciencast do not include all the fees paid by
clients. Additional expenses paid by clients to third parties include brokerage commissions, mark-
ups or mark-downs, or other transactions fees; advisory fees and administrative costs charged by
portfolio holdings such as mutual funds, custodial fees; and wire transfer and/or other electronic
fund processing fees.
For more information on brokerage and transaction costs discussed above, please refer to Item 12: