Fees & Compensation

Harvard Avenue Annual Advisory Fees Assets Under Management Annual Fee

• Up to $1,000,000 - 0.9%

• $1,000,000 to $2,000,000 - 0.5%

• Over $2,000,000 - 0.3%

Investment accounts initiated or terminated during a calendar quarter will be charged a prorated advisory fee. Pontera accounts will instead be charged a flat 1% fee and will not factor into the thresholds above.

Pursuant to Harvard Avenue’s Investment Advisory Agreement signed by each client, the client pays Harvard Avenue an annual advisory fee, which is collected quarterly in advance, based on the value of assets under management as of close of business on the last business day of the prior calendar quarter.

The account balance on which Harvard Avenue calculates its fee may vary slightly from the account custodial statement due to rounding or timing differences in how accrued interest is reported. Client provides written authorization to withdraw fee directly from client’s account. Fee withdrawal occurs at the start of the new calendar quarter and is performed by Harvard Avenue’s back office administrator.

Harvard Avenue sends client an informational invoice showing the amount of the fee, the value of client’s asset on which the fee is based, and computation of the fee.