The investment advisory fee is a percentage of the market value of assets under our supervision. Fees are calculated and deducted quarterly, based on the market value of the supervised assets at the end of the prior quarter, using the following rates:
|
|
Annual Rate
|
|
|
On the first $1,000,000 |
3/4 of 1% |
(.00750) |
|
From $1,000,000 - $5,000,000 |
1/2 of 1% |
(.00500) |
|
Over $5,000,000 |
3/8 of 1% |
(.00375) |
The above fee schedule is subject to a minimum
annual fee of $5,000.00.
Effective
date: June 1, 2007
EQUITY AND FIXED INCOME INVESTMENTS