SLOY Dahl & Holst LLC

Item 5 Fees and Compensation
Portfolio Management Services
Our fee for portfolio management services is based on a percentage of the assets in your account and
is set forth in the following annual fee schedule:

Assets                      Maximum Annual Fee
$0 to $ 10,000,000          Negotiable, 2% maximum
$10,000,001 and above       Negotiable, 1% maximum

Our annual portfolio management fee is billed and payable, quarterly in advance, based on the
balance at end of billing period. If the portfolio management agreement is executed at any time other
than the first day of a calendar quarter, our fees will apply on a pro rata basis, which means that the
advisory fee is payable in proportion to the number of days in the quarter for which you are a
client. Our advisory fee is negotiable, depending on individual client circumstances.

At our discretion, we may combine the account values of family members living in the same household
to determine the applicable advisory fee. For example, we may combine account values for you and
your minor children, joint accounts with your spouse, and other types of related accounts. Combining
account values may increase the asset total, which may result in your paying a reduced advisory fee
based on the available breakpoints in our fee schedule stated above.

Certain qualified clients may be charged according to a performance fee schedule. Clients opting for
the performance fee schedule will be charged a quarterly Service Fee equal to twenty-five hundredths
percent (.25%) of the account's value. In addition to the Service Fee, you will also pay a performance
fee equal to ten percent (10%) of the aggregate net gain of an applicable account's quarterly value,
subject to a high-water mark. By way of example, if your account is subject to the Performance Fee
and has a value of Five Hundred Thousand Dollars ($500,000.00) at the beginning of the quarter and it
increases to Six Hundred Thousand Dollars ($600,000.00) by the end of the quarter, we will have
earned a Performance Fee equal to Ten Thousand Dollars ($10,000.00), being ten percent (10%) of
the One Hundred Thousand Dollars ($100,000.00) net gain. If at the end of the next quarter the
Account has decreased to Four Hundred Fifty Thousand Dollars ($450,000.00) in value, no
Performance Fee would be due. If at the end of the subsequent quarter the Account has increased to
Six Hundred Seventy-Five Thousand Dollars ($675,000.00) in value, a Performance Fee of Seven
Thousand Five Hundred Dollars ($7,500.00) would be due. The Performance Fee would be calculated
on the gain in excess of the previous high-water mark of Six Hundred Thousand Dollars ($600,000.00),
or ten percent (10%) of Seventy-Five Thousand Dollars ($75,000.00). The Service Fee is payable
quarterly in advance, and the Performance Fee will be payable quarterly in arrears.

We will send you an invoice for our advisory fee, payable by check or billed directly to your account
through the custodian holding your funds and securities. We will deduct our advisory fee only when
you have given our firm written authorization permitting the fees to be paid directly from your account.
Further, the qualified custodian will deliver an account statement to you at least quarterly. These
account statements will show all disbursements from your account. You should review all statements
for accuracy. Payment by check due upon receipt of invoice.

You may terminate the portfolio management agreement upon written notice. You will incur a pro rata
charge for services rendered prior to the termination of the portfolio management agreement, which
means you will incur advisory fees only in proportion to the number of days in the quarter for which you
are a client. If you have pre-paid advisory fees that we have not yet earned, you will receive a prorated
refund of those fees.

Collective Investment Funds for Employee Benefit Plans - Fees
The Total Fund Fee with respect to each Fund is comprised of the Trustee Fee and the Service Fee.
The fees are paid from the assets of such Funds and are calculated and accrued daily and paid
monthly in arrears. The Trustee Fee is charged for the management of the Funds by Sloy, Dahl and
Holst. There are two classes of Funds. Class 1 is available to clients of our firm. Class 1 shareholders
are charged 0 basis points. Class 2 is available to other investment advisers and the fee is 25 basis
points on the assets managed. The Service Fee is paid to the plan custodian. The Funds are invested
in primarily mutual funds which have an internal expense fee. Alta Trust receives 6 basis point on both
Class 1 and Class 2 for their services.

Financial Consulting Services
We charge an hourly fee of $350 for advisory consulting services. Our consulting fee is payable upon
completion of the agreed upon consulting services. You may terminate the advisory consulting
services agreement upon written notice to our firm. Since fees are payable in arrears, you will be
responsible for a prorated fee based on services performed.

Additional Fees and Expenses
As part of our investment advisory services to you, we may invest, or recommend that you invest, in
mutual funds and exchange traded funds. The fees that you pay to our firm for investment advisory
services are separate and distinct from the fees and expenses charged by mutual funds or exchange
traded funds (described in each fund's prospectus) to their shareholders. These fees will generally
include a management fee and other fund expenses. You will also incur transaction charges and/or
brokerage fees when purchasing or selling securities. These charges and fees are typically imposed by
the broker-dealer or custodian through whom your account transactions are executed. We do not
share in any portion of the brokerage fees/transaction charges imposed by the broker-dealer or
custodian. To fully understand the total cost you will incur, you should review all the fees charged by
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Item 7 Types of Clients
We offer investment advisory services to individuals, pension and profit sharing plans, trusts, estates,
charitable organizations, corporations, investment companies and banks or thrift institutions. We are
also the adviser to Collective Investment Funds.

In general, we do not require a minimum dollar amount to open and maintain an advisory account;
however, we have the right to terminate your Account if it falls below a minimum size which, in our sole
opinion, is too small to manage effectively.

We may also combine account values for you and your minor children, joint accounts with your
spouse, and other types of related accounts to meet the stated minimum.