Li Zhang

WEDGE Capital Management's fees are based on a percentage of the assets they manage. The specific fees vary depending on the investment strategy. Here's a summary of the fee structure:

Traditional Value Equity Products:

• Small Cap: 1.00% of all assets
• Small/Mid Cap: 0.85% of all assets
• Large Cap, Mid Cap, Large Cap Expanded, Total Cap, Balanced: Fees range from 0.60% to 0.20% depending on the amount invested, with lower rates for larger portfolios.

Quantitative Value Equity Products:

• QVM: Large Cap: Fees range from 0.50% to 0.30% depending on the amount invested, with lower rates for larger portfolios.
• QVM: Small/Mid Cap: Fees range from 0.60% to 0.40% depending on the amount invested, with lower rates for larger portfolios.
• Micro Cap: 1.00% of all assets
• Enhanced Core Russell 1000: 0.10% of all assets

Fixed Income:

• Core: Aggregate, Core: Government Credit, Enhanced Core, Intermediate: Aggregate, Intermediate: Govt. Credit, LDI/Long Duration: Fees range from 0.35% to 0.15% depending on the amount invested, with lower rates for larger portfolios.
• Short Aggregate: Fees range from 0.30% to 0.15% depending on the amount invested, with lower rates for larger portfolios.
• Ultra-Short Aggregate: Fees range from 0.25% to 0.10% depending on the amount invested, with lower rates for larger portfolios.

Fees are calculated and paid quarterly, based on the market value of the account at the end of each quarter.