Schedule B, as Amended
Schedule B, as Amended
Sub-advisory Fees
The Advisor, pursuant to Section 3 of this Agreement, agrees to pay the Sub-adviser under the following schedule:
For the services to be rendered by the Sub-adviser as provided in Section 2 of this Agreement, the Adviser shall pay to the Sub-adviser at the end of each month an advisory fee accrued daily and payable monthly based on an annual percentage rate of each Series' average daily net assets or minimum fee as follows:
For Monarch Ambassador Xxxxxx ETF. Monarch Blue Chips Core ETF. Monarch Dividend Plus ETF. Monarch ProCap ETF. Monarch Select Subsector ETF. Monarch Volume Factor Dividend Tree ETF and Monarch Volume Factor Global Unconstrained ETF
0.05% on the first $100 million in aggregate net assets
0.04% on the next $400 million in aggregate net assets;
0.03% on aggregate net assets in excess of $500 million
Subject to an annual minimum fee of $15,000 on each fund
DATED: October 24, 2023
Kingsview Wealth Management, LLC
By: /s/ Xxxx XxXxxxxxxxx
Name: Xxxx XxXxxxxxxxx
Title: CEO
Penserra Capital Management LLC
By: /s/ Xxxxxx Xxxxxxxx
Name: Xxxxxx Xxxxxxxx
Title: Chief Investment Officer
Schedule A, as Amended
Funds(s)
Monarch Ambassador Income ETF
Monarch Blue Chips Core ETF
Monarch Dividend Plus ETF
Monarch ProCap ETF
Monarch Select Subsector ETF
Monarch Volume Factor Dividend Tree ETF
Monarch Volume Factor Global Unconstrained ETF
DATED: October 24, 2023
Kingsview Wealth Management, LLC
By: /s/ Xxxx XxXxxxxxxxx
Name: Xxxx XxXxxxxxxxx
Title: CEO
Penserra Capital Management LLC
By: /s/ Xxxxxx Xxxxxxxx
Name: Xxxxxx Xxxxxxxx
Title: Chief Investment Officer