V Delima Investments Inc

Item 5 – Fees and Compensation
Fees for Clients Referred to “BSI”

VDI currently has an agreement with “BSI” under which our �irm refers clients to “BSI”
for brokerage and custody services. Depending on your needs, if you would like to
engage VDI as your adviser, our �irm may recommend “BSI” to you to act as a bank,
broker-dealer and custodian for your account. This arrangement creates a con�lict of
interest between VDI and its clients since it receives compensation from “BSI” based on
the clients it refers to “BSI.” VDI mitigates this con�lict of interest by not charging a
separate advisory fee to advisory clients it refers to BSI.

Most of VDI’s clients have elected to become clients of BSI, upon referral by VDI. Clients
of VDI that are referred to “BSI” are not charged advisory fees by VDI. Instead, these
referred clients pay “BSI” for the advisory, custody, banking, and brokerage services
provided by “BSI” under a separate agreement between the client and “BSI”. VDI is
compensated by “BSI” in the form of a �ixed quarterly fee based on the accounts referred
to “BSI” by VDI.

Clients are not required to establish a relationship with ‘BSI’ to utilize the services of
VDI. VDI will only refer clients to ‘BSI’ who wish to have accounts with and obtain
services from “BSI.”

Fees for Non-Referred Clients

For accounts not referred to as “BSI,” VDI charges an annual asset-based fee of up to 1
percent of the market value of the assets under management. Our asset-based
investment management fees are negotiable depending on factors such as the amount
of assets under management, the range of investments, and the complexity of the
client’s �inancial circumstances. Since this fee is negotiable, the fee paid by the client
will be clearly stated in the advisory agreement signed by VDI and the client. Clients
who pay asset-based fees also may agree to pay VDI a performance-based fee in
addition to an asset-based fee (see Item 6, below, for more information about the �irm’s

Item 7 – Types of Clients

VDI generally offers investment advisory services to high-net-worth individuals as well
as foreign and domestic entities which are generally such individuals’ private
investment companies.

VDI generally requires a minimum account size of $3,000,000 for advisory accounts.
However, at its sole discretion, VDI may accept smaller accounts based on various
criteria, such as anticipated future assets, related accounts, and other individual client
circumstances.