Fees and Compensation — Form ADV Part 2A (3/29/2017)
[Brochure]
Item 5 — Fees and Compensation
5.A. Nature of Compensation
TIFM’s Triumph Investment Fund Share Classes typically pays normal operating expenses plus a
monthly management fee typically of less than 1/12th of 2% and up to 20% annual performance
fee based on “net new high profits” calculated on the previous month’s closing value. Investors
may request to invest via Separately Managed Accounts for which fees can be negotiated. Fund
clients pay no other fees to TIFM, but would be responsible for paying such fees if they were due
to third-parties, as discussed in Items 5.C and 12 herein. TIFM will consider investor requests
for alternative compensation arrangements in Separate Managed Accounts or would possibly
create separate share classes of Triumph Fund for large SMA investments.
5.B. Fee Deductions
Fees are deducted in arrears from the Fund or managed account and paid to TIFM according to
the relevant Advisory Agreements signed by the investor, further explained in Item 5D herein.
5.C. Other Fees or Expenses
TIFM assesses normal operating expenses along with those fees described in Item 5A above. All
fees paid to TIFM for investment advisory services are separate and distinct from the transaction
fees and expenses charged by any third-parties, such as broker-dealers, custodians or legal
advisers.
TIFM receives no share of any transaction costs or exchange fees charged by brokerage firms to
execute trades. Please refer to Item 12 of this Part 2A of Form ADV for additional information
concerning brokerage fees and other transaction costs.
5.D. Compensation from Third-parties involving the Sale of Securities
TIFM does not charge nor does it accept compensation from third-parties involving the sale of or
redemption of any product or share class. If such a proposition is tendered to TIFM, the firm will
immediately disclose such proposal to said client or potential client.
Account Minimums and Types of Clients — Form ADV Part 2A (3/29/2017)
[Brochure]
Item 7 — Types of Clients
TIFM offers investment advice to: individuals; businesses; high net worth investors; family
offices, hedge funds, partnerships; trusts, estates, or charitable organizations, pensions,
endowments and profit sharing plans.
TIFM requires a minimum original investment of $500,000. Exceptions may be made and TIFM
does not require a minimum account value, nor does it charge a minimum fee for its advisory
services.