Common use of Model Portfolios Clause in Contracts

Model Portfolios. Adviser manages and maintains a number of model portfolios to cater to a wide range of investor needs. These portfolios are comprised of a range of underlying investments which have been selected by Adviser in accordance with the objective of the portfolio and any conditions within financial markets which are considered relevant by Adviser. All portfolios will be rebalanced periodically in accordance with the views of Adviser. When a portfolio is rebalanced, or an investment bought or sold, on Client’s behalf, brokerage fees will be incurred and charged to Client. Adviser receives no direct, or indirect remuneration or financial benefit of any kind from any brokerage fees incurred. Adviser will only instigate a rebalancing of a portfolio, or the purchase or sale of an underlying investment in the event that it is considered by Adviser that there may be potential benefit to Client in doing so. Individual, Joint Individual Retirement Account Growth % Defensive %

Model Portfolios. Adviser manages and maintains a number of model portfolios to cater to a wide range of investor needs. These portfolios are comprised of a range of underlying investments which have been selected by Adviser in accordance with the objective of the portfolio and any conditions within financial markets which are considered relevant by Adviser. All portfolios will be rebalanced periodically in accordance with the views of Adviser. When a portfolio is rebalanced, or an investment bought or sold, on Client’s behalf, brokerage fees will be incurred and charged to Client. Adviser receives no direct, or indirect remuneration or financial benefit of any kind from any brokerage fees incurred. Adviser will only instigate a rebalancing of a portfolio, or the purchase or sale of an underlying investment in the event that it is considered by Adviser that there may be potential benefit to Client in doing so. Individual, Joint Individual Retirement Account Growth % Defensive %.