Item 5 – Fees and Compensation
The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into a written
agreement with the Advisor.
A. Fees for Advisory Services
Investment Management Services
Investment advisory fees are paid quarterly or monthly (“Billing Period”), in advance of each Billing Period, pursuant to
the terms of the investment advisory agreement. Investment advisory fees are based on the market value of assets
under management at the end of the prior Billing Period. Investment advisory fees are based on the following
schedule:
Assets Under Management ($) Annual Rate (%)
Up to $1,000,000 2.00%
$1,000,001 to $3,000,000 1.75%
$3,000,001 to $5,000,000 1.50%
Over $5,000,000 1.35%
The investment advisory fee in the first Billing Period of service is prorated from the inception date of the account[s] to
the end of the first Billing Period. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will
take into consideration the aggregate assets under management with the Advisor. All securities held in accounts
managed by Truvestments will be independently valued by the Custodian. The Advisor will conduct periodic reviews
of the Custodian’s valuation to ensure accurate billing.
Truvestments Capital LLC
5391 Lakewood Ranch Boulevard North
Suite 303, Sarasota, FL 34240
Phone: (855) 955-1982 * Fax: 941-755-7055
https://www.truvestments.com/
The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs.
Private Fund Advisor Services
Fees for the Fund are paid quarterly, at the end of each month, pursuant to the terms of the Offering Documents.
Fees are at an annual rate of 1.00%, based on the net asset value of the Fund. For more detailed information on the
fees and compensation received by the Advisor and its affiliates, please refer to the Fund’s Offering Documents.
Financial Planning Services
Truvestments offers financial planning services at an hourly rate of $500 per hour. Fees may be negotiable based on
the nature and complexity of the services to be provided and the overall relationship with the Advisor. An estimate for
total hours and overall costs will be provided to the Client prior to engaging for these services.
B. Fee Billing
Investment Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from
the Client’s account[s] at the beginning of the Billing Period. The amount due is calculated by applying the Billing
Period rate (annual rate divided by 365 multiplied by the number of days in the Billing Period) to the total assets under
management with Truvestments at the end of the prior Billing Period. Clients will be provided with a statement, at
least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients are urged to also
review and compare the statement provided by the Advisor to the brokerage statement from the Custodian, as the
Custodian does not perform a verification of fees. Clients provide written authorization permitting advisory fees to be
deducted by Truvestments to be paid directly from their account[s] held by the Custodian as part of the investment
advisory agreement and separate account forms provided by the Custodian.
Private Fund Advisor Services
The amount due for management to the Fund is calculated by applying the quarterly rate (annual rate divided by 365
multiplied by the number of days in the quarter) to the net asset value of the Fund. For more detailed information on
the billing and methodology, please refer to the Fund’s Offering Documents.
Financial Planning Services
Financial planning fees may be invoiced up to fifty percent (50%) of the expected total fee upon execution of the
financial planning agreement. The balance shall be invoiced upon completion of the agreed upon deliverable[s].
C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than Truvestments, in connection with
investments made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities
execution fees charged by the Custodian, as applicable. The Advisor's recommended Custodian does not charge
securities transaction fees for ETF and equity trades in a Client's account, provided that the account meets the
terms and conditions of the Custodian's brokerage requirements. However, the Custodian typically charges for
mutual funds and other types of investments. The fees charged by Truvestments are separate and distinct from
these custody and execution fees.
In addition, all fees paid to Truvestments for investment advisory services are separate and distinct from the
expenses charged by mutual funds and ETFs to their shareholders, if applicable. These fees and expenses are
described in each fund’s prospectus. These fees and expenses will generally be used to pay management fees for
the funds, other fund expenses, account administration (e.g., custody, brokerage and account reporting), and a
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