Vericimetry Advisors LLC

Item 5. Fees and Compensation
As described in the Prospectus, Vericimetry is paid an asset-based management fee at an annual
rate of 0.50% of the Fund's average daily net assets for investment advisory services provided to
the Fund. The Fund’s offering documents contain additional information on expenses and
applicable fee waivers. Fund investors may also incur brokerage commissions, custodial fees, wire
transfer and other transaction costs associated with their investment. Vericimetry does not receive
any portion of these amounts, which are paid to the relevant broker-dealers and third parties
providing such custodial, wire transfer and other services.

Item 7. Types of Clients

Vericimetry currently manages the assets of the Funds. Fund investors generally include the
individual clients of independent financial advisors and institutional investors.