CoreStates Fees

We believe that by using the different styles of the various sub-advisors and strategies, the assets described here-in will grow in a manner which you will find both prudent and predictable, while achieving reasonable risk/return characteristics.  All assets will be held in fee-based discretionary accounts where CoreStates Capital Advisors and the various sub-advisors, where recommended, will have the authority to make investment decisions on your behalf on the assets assigned to their expertise. Charles Schwab & Co., Inc. will maintain your accounts and have custody of these assets at all times.  The following services are offered:

1.   Investment policy maintenance and execution
2.   Portfolio evaluation and monitoring
3.   Transaction execution - no commissions
4.   Complete record keeping and reporting
5.   Manager due diligence on an ongoing basis
6.   Full depository services

Giving full consideration to the potential assets involved, our annual equity management fee schedule is as follows:

Giving full consideration to the potential assets involved, our annual fixed income management fee schedule is as follows:

All alternative assets are offered at the published fee in the Private Placement Memorandum