ISEC Wealth Management Ltd. - Commission and Charges Schedule *

Commission and Charges *
1. Portfolio setup fee
From 10000 EUR/USD TO 300000 EUR/USD Upfront 2%,

2% after 12 months of deposit,

2% after 24 months of deposit.

min. 600EUR/USD, max. 18000 EUR/USD
From 300001 EUR/USD - Upfront 2%,

2% after 12 months of deposit,

2% after 24 months of deposit.

max.18000EUR/USD
2. Success fee
From 10000 EUR/USD TO 1000000 EUR/USD 20% Success fee per quarter - Flat
Over 1000001 EUR/USD - 20% Success fee per quarter - High water mark ****
3. Management fee
From 100 EUR/USD TO 10000 EUR/USD 0.5% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter (min.200EUR/USD p.a.)
From 10001 EUR/USD TO 100000 EUR/USD 0.375% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
From 100001 EUR/USD TO 1000000 EUR/USD 0.3125% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
From 1000001 EUR/USD - Negotiable with client – min. 0.25% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
4. Safekeeping and custodian
From 100 EUR/USD TO 10000 EUR/USD 0.375% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter (min. 150 EUR/USD p.a.)
From 10001 EUR/USD TO 100000 EUR/USD 0.25% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
From 100001 EUR/USD TO 1000000 EUR/USD 0.1875% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
From 1000001 EUR/USD Negotiable with client – min. 0.1875% on average value of the portfolio for the quarter using the daily balance for the assets for that quarter
5. Portfolio margin
From 10000 EUR/USD TO 100000 EUR/USD Borrowing fee (4.5% + Benchmark**)
From 100000 EUR/USD TO 1000000 EUR/USD Borrowing fee (3.5% + Benchmark**)
Over 1000000 EUR/USD - Borrowing fee (3.0% + Benchmark**)
6. Foreign exchange services
From 100 EUR/USD TO 10000 EUR/USD Mark up fee (1.5% + Exchange market rate )
10000 EUR/USD TO 100000 EUR/USD Mark up fee (1.0% + Exchange market rate )
1000000 EUR/USD - Mark up fee (0.25% + Exchange market rate )
7. Other Services
From 100 EUR/USD TO 5000 EUR/USD 5 EUR/USD per transaction
From 5000 EUR/USD TO 10000 EUR/USD 20 EUR/USD per transaction
From 10000 EUR/USD TO 50000 EUR/USD 35 EUR/USD per transaction
Over 50000 EUR/USD 50 EUR/USD per transaction
*-All Commission and Charges do not include 19% VAT.
**- Benchmark - 3 months Libor for USD exposures, 3 months Euribor for EUR exposures. All rates of Libor and Euribor under 0% ( zero ) will be adopted to 0% ( zero )
***- All related bank fees regarding Clients funds withdrawals/deposits are charged to the Beneficiary (Client).
**** - High water mark - payment is counted on the highest net asset value (NAV),i.e. positive difference (if such exists) between NAV on the date of fee calculation (per quarter) and highest NAV reached since the start of the portfolio.
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