Trusco Investment Management LLC

Item 5 - Fees and Compensation

Portfolio Management Fees
Fees paid to the Adviser are exclusive of all custodial and transaction costs paid to the client’s
custodian, brokers or other third party consultants. Please see Item 12 – Brokerage Practices for
additional information. Fees paid to the Adviser are also separate and distinct from the fees and
expenses charged by mutual funds, exchange traded funds (“ETFs”) or other investment pools to
their shareholders (generally including a management fee and fund expenses, as described in each
fund’s prospectus or offering materials). The client should review all fees charged by funds,
brokers, the Adviser and others to fully understand the total amount of fees paid by the client for
investment and financial-related services.

The annual fee schedule for portfolio management, based on a percentage of assets under
management, is as follows:

 Assets                                                                  Fee Rate
 $0 - $1,000,000                                                         0.90%
 $1,000,001 - $5,000,000                                                 0.75%
 More than $5,000,000                                                    0.65%

The Adviser may, at its discretion, make exceptions to the foregoing or negotiate special fee
arrangements where the Adviser deems it appropriate under the circumstances.

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Portfolio management fees are generally payable monthly, in arrears. If management begins after
the start of a month, fees will be prorated accordingly. Fees are normally debited directly from
client account(s), unless other arrangements are made.

Either the Adviser or the client may terminate their investment advisory agreement at any time,
subject to any written notice requirements in the agreement. In the event of termination, any paid
but unearned fees will be promptly refunded to the client based on the number of days that the
account was managed, and any fees due to the Adviser from the client will be invoiced or deducted
from the client’s account prior to termination.

Sub-Adviser Fees
When one or more Sub-Advisers are utilized, the Sub-Advisers’ fees are generally separate from
and in addition to the Adviser’s fees. The Sub-Advisers’ fees are normally debited directly from
client account(s), unless other arrangements are made.

Financial Planning Fees
When the Adviser provides stand-alone financial planning services to clients, these fees are in the
form of an hourly or fixed rate that is negotiated at the time of the engagement for such services
and are normally based on the scope of the engagement.

Item 7 - Types of Clients

The Adviser serves individuals, trusts, foundations, endowments, and corporate entities.