SALI Fund Management, LLC, established in 2002, is a financial advisor firm specializing in providing investment advice and administrative services to private investment funds, series, and separately managed accounts. The firm, acquired by JTC USA Holdings, Inc. in 2021, manages approximately $33.3 billion on a discretionary basis as of December 31, 2024. SALI charges management fees ranging from 0.15% to 2.25% per annum, with a portion retained by the firm and the rest passed on to subadvisors. Minimum administration fees may apply based on account size. Clients have investment discretion, with accounts managed according to specific objectives and investment policies. SALI may invest in a wide range of securities and instruments, including hedge funds and private investment funds. The firm's investment strategies involve significant risk, suitable for experienced investors. SALI's Code of Ethics ensures compliance with regulatory requirements, and the firm discloses potential conflicts of interest related to employee benefits and affiliations with JTC Group entities. Clients receive regular account statements and performance reports. SALI's custody practices comply with regulatory requirements, and the firm has procedures for voting client securities and handling class action lawsuits. SALI has a clean disciplinary record and financial standing. For more detailed information, clients can contact SALI's Chief Compliance Officer.

LeafHouse Financial Advisors, LLC, established in 2009, is a registered investment adviser specializing in providing investment advisory services to individuals, high net worth individuals, businesses, retirement plans, and other financial professionals. The firm acts as a fiduciary, upholding a duty of loyalty, fairness, and good faith towards each client. Services offered include financial planning services on a limited and selective basis, investment advisory services, and retirement plan services. LeafHouse offers a range of services, including investment policy statement creation, investment selection and implementation, and investment monitoring and maintenance. The firm's fee structure varies based on the services provided, ranging from 0.25% to 2.00% for investment advisory services. LeafHouse does not charge performance-based fees and does not manage proprietary wrap fee programs. The firm does not receive commissions for transactions and does not engage in soft dollar programs. LeafHouse recommends TradePMR as a custodian for non-retirement plan clients. The firm does not have custody of client accounts and does not accept proxy-voting responsibility. LeafHouse has no financial situations that would impair its ability to meet obligations to clients. For more information, visit www.leafhouse.com or contact (512) 879-1505.

Irradiant Partners, LP is a registered investment adviser established in June 2021, based in Santa Monica, CA. The firm specializes in alternative investing primarily through private pooled vehicles, separate accounts, and co-investment vehicles. Their investment strategies include liquid credit, renewables, and opportunistic credit, with assets under management totaling approximately $13.0 billion as of December 31, 2024. Irradiant serves institutional investors such as pension plans and endowments, focusing on downside protection and capital preservation. The firm's fee structure includes management fees based on capital commitments or invested capital, with performance-based compensation and carried interest. Irradiant acts as a collateral manager for collateralized loan obligations and manages private commingled funds. The firm exercises full investment discretion for its pooled investment vehicles and separate accounts, seeking best execution and considering factors like market conditions and brokerage services. Irradiant has adopted a Code of Ethics to ensure fiduciary duty, and its personnel are subject to restrictions on personal trading and outside business activities. The firm reviews accounts continuously, provides quarterly statements to investors, and acknowledges its responsibility to vote proxies in the best interests of clients. Irradiant does not have any disciplinary information to report.

Kestra Private Wealth Services, LLC is a financial advisory firm based in Austin, Texas. It currently has approximately $4,467,222,346 of assets under management and employs about 119 people. Kestra Private Wealth Services, LLC uses a fee structure of a percentage of assets under your management, hourly charges and fixed fees.

HUB Investment Partners, LLC, based in Austin, Texas, specializes in investment advisory and planning services for retail, institutional, and school district clients. Established in 2002 and registered with the SEC in 2020, the firm was acquired by HUB International Limited in 2021. They offer portfolio management and retirement/financial planning services, including a Managed Asset Portfolio Program for municipal entities. The firm acts as a fiduciary, providing detailed written plans tailored to client objectives and goals. Clients have access to Charles Schwab's Robo-Advisor platforms for discretionary management. HUB Investment Partners may act as a Sub-Advisor to affiliate RIAs, providing model portfolio design and rebalancing services. The firm charges asset management fees based on a tiered schedule and may negotiate fees based on account size and duration. Clients can impose restrictions on securities, and the firm discloses potential risks associated with investment strategies. They do not vote proxies on behalf of clients and do not have custody of client assets. The firm receives client referrals from affiliates and may pay referral fees to promoters/solicitors. HUB Investment Partners does not vote proxies on behalf of clients and does not have custody of client assets.

Peak Rock Capital LLC is a financial advisory firm based in Austin, Texas. It currently has approximately $3,895,504,201 of assets under management and employs about 52 people. Peak Rock Capital LLC uses a fee structure of a percentage of assets under your management and performance-based fees.

AQS Asset Management, L.L.C. is a Texas Limited Liability Company established on May 18, 2004, by principal shareholders Byron White and John Larry White. The firm specializes in providing investment advisory services exclusively to insurance companies, focusing on asset allocation, portfolio monitoring, asset liability management, and financial analysis for fixed income portfolios. AQS manages client assets on a discretionary basis, totaling $3,449,528,674 as of December 31, 2024. Regarding fees, AQS charges a negotiable percentage of the market value of assets managed each month, with a maximum fee of 0.25%. Fees are not deducted from client assets and are invoiced based on custodial values established two months prior. The firm does not charge additional fees for advisory services or participate in wrap fee programs. AQS does not accept performance-based fees and exclusively serves insurance companies. The firm's primary investment strategy involves asset liability matching client portfolios with insurance company liabilities, focusing on fixed-income securities. Clients should be aware of risks such as interest rate risk and credit risk. AQS has no disciplinary history and follows the CFA Institute Code of Ethics. The firm does not receive soft dollar benefits or compensation for client referrals and does not take custody of client funds. Clients have the authority to vote on securities, and AQS provides voting recommendations. AQS has not been involved in any bankruptcy petitions and does not foresee financial impairments.

Prophet Capital Asset Management LP, established in 1995 by Robert Epstein, manages proprietary hedge funds and closed-ended credit funds, offering asset management services to institutional investors. The firm specializes in residential and commercial mortgage-backed securities, CLO debt and equity securities, and other structured assets. As of December 31, 2024, the firm managed approximately $3.3 billion in client assets, with a minimum investment requirement of $5,000,000 for proprietary funds. PCAM operates on a fee-only basis, with fees ranging from 1% to 2% of net asset values, plus performance fees. The firm exercises investment discretion for clients, making all investment decisions. Investment strategies include fundamental and technical analysis, with a focus on mortgage-backed securities, commercial debt, and private equity. Risks include economic crises, force majeure events, illiquidity in credit markets, and reliance on mortgage servicers. PCAM has not faced disciplinary actions and uses JP Morgan for prime brokerage services. The firm does not have physical custody of client assets and offers both discretionary and non-discretionary advisory services. Proxy voting and class action legal matters are handled in the best interest of clients. PCAM has no financial commitments impairing its ability to meet obligations. For more information, visit www.adviserinfo.sec.gov.

Bares Capital Management, Inc. is an investment adviser firm founded in 2000 by Brian T. Bares, located in Austin, Texas. The firm specializes in providing investment management services predominantly for institutional clients, pooled investment vehicles, family offices, high-net-worth individuals, and trust programs. Their investment strategy focuses on a long-only concentrated Mid/Large-Cap equity strategy, investing in publicly traded U.S. companies. They also offer a less concentrated version of this strategy and a global concentrated equity strategy. Clients have the option to customize their accounts with certain investment guidelines. The fee structure for the Mid/Large-Cap strategies is 0.50% of assets under management per annum, with a minimum account size of $20 million. The Global Allocators strategy has a fee of 0.75% of assets under management per annum and a minimum account size of $5 million. Fees are negotiable based on various factors. The firm acts as a fiduciary and has discretionary authority over client accounts. Clients receive quarterly reports and market commentaries. The firm does not sponsor or participate in wrap fee programs and custody client assets with independent custodians. They do not offer tax or financial planning services. The firm does not engage in agency cross transactions and seeks best execution for client transactions. Clients can delegate proxy voting authority to the firm. The firm's principals, including Brian T. Bares, James J. Creel Jr., and John N. Dowling, are experienced professionals with CFA designations and adhere to a strict Code of Ethics.