We charge a Quarterly Subscription Fee is based on the total amount invested utilizing SFM strategies:
| $0 - $1,000,000 | 2.5 bps (0.025%) |
| $1.000,000 - $5,000,000 | 2.0 bps (0.02%) |
| $5,000,000 - $10,000,000 | 1.5 bps (0.015%) |
| $10,000,000 + | 1.0 bps (0.01%) |
The minimum cost for the subscription is $25 per calendar quarter per strategy.