USCA Asset Management LLC

Item 5. Fees and Compensation

The fees and expenses associated with an investment in the USCA Funds vary, depending on the USCA Fund, and are described in
detail in the offering materials for that fund. USCA may, in its sole discretion, manage other funds or accounts with higher or lower
fees, different fee structures and different expense payment arrangements than the USCA Funds.

Management Fees

 For its services to ARS, USCA receives an annual management fee of 0.75%, payable quarterly in advance. For services provided
to HRG, USCA receives an annual management fee of 1.00%, payable quarterly in arrears. ARS and HRG fees are also disclosed
in the offering material for each fund. For its services to the Futurum Funds, USCA receives an annual management fee of 0.40%,
payable quarterly in arrears. USCA may, in its sole discretion, waive or reduce the management fee payable by any investor in any
USCA Fund.

Performance Fee (Allocation)

USCA generally receives a performance fee (allocation) ranging from 7% to 12% on all gains that exceed a 7% preferred return
on any person’s investment in a Futurum Fund, and in the case of HRG, 20% of each investor’s allocable share of net profits,
payable at the end of each calendar year and subject to a high-water mark. USCA may, in its sole discretion, reduce or eliminate
the performance fee (allocation) payable by any investor in any Futurum Fund or HRG. Payments of the performance fee
(allocation) are subject to Section 205(a)(1) of the Investment Advisers Act of 1940, as amended (the “Advisers Act”), in
accordance with the available exemptions thereunder, including the exemption set forth in Rule 205-3, which requires that
performance-based fees only be charged to qualified clients. Item 6 of this brochure discusses any performance fees (allocations)
payable to USCA.

                                                                                                 FIRM BROCHURE DATED MARCH 2026

For the services provided to 13Capital, USCA will receive its share of management and performance fees from the 13Capital Fund
consistent with its percentage ownership in 13Capital. No other compensation will be received.

The fees received by USCA cover the provision of its services to the USCA Funds only. These fees do not include the fees, costs
and expenses charged by any investment fund or other investment manager(s) to a USCA Fund or in which or with whom a USCA
Fund invests, redemption charges and penalties, costs and expenses incidental to the operation, administration, dissolution, winding-
up or termination of a USCA Fund, organizational costs and expenses of a USCA Fund, the costs associated with effecting
transactions on behalf of a USCA Fund, including (without limitation) clearing and execution fees and commissions, “mark-ups”,
“mark-downs” and “dealer spreads”, trade-away fees, exchange and SEC fees, transfer taxes, postage fees, auction fees, foreign
clearing, settlement and custodial fees, margin interest, costs associated with exchanging foreign currencies, odd-lot differentials,
account inactivity fees, wire transfer charges, other account fees, fees and taxes required by law, and any other fees that may be
imposed by a third party, including, without limitation, any administrator, transfer agent, custodian, accountant, tax preparation
firm or broker-dealer. These fees and charges will be directly or indirectly borne by each USCA Fund. Please refer to the section
on “Brokerage Practices” for additional information.

USCA believes that its fees are competitive with those charged by other investment advisors for comparable services. Comparable
services may be available, however, from other sources for lower fees than those charged by USCA.

Item 7. Types of Clients

USCA provides advisory services to pooled investment vehicles. USCA requires a minimum investment in ARS and HRG of
$250,000. The investment minimums for the Futurum Funds range from $250,000 to $2,000,000. In all cases, these minimums are
subject to USCA’s right to accept lesser amounts, in its sole discretion. USCA requires investors in USCA Funds to make
representations concerning their sophistication as investors and their ability to bear the risk of loss of their entire investment in the
fund.