APPENDIX IV-2 LIST OF FUNDS SERVICES & FEES
APPENDIX IV-2
LIST OF FUNDS
SERVICES & FEES
This Appendix IV-2 is part of the Fund Services Agreement (the “Agreement”), dated November 18, 2021, between Advisors Preferred Trust (the “Trust”) and Ultimus Fund Solutions, LLC (“UFS”). Set forth below are the Services elected by the Fund(s) identified on this Appendix IV-2 along with the associated Fees. Capitalized terms used herein that are not otherwise defined shall have meanings ascribed to them in the Agreement.
COVERED FUNDS
The Funds to be covered under this Agreement (the “Funds”) include:
| Fund Name | Board Approval Date | |
| The Gold Bullion Strategy Fund | April 9, 2013 | |
| The Gold Bullion Strategy Portfolio | April 9, 2013 | |
| Quantified Managed Income Fund | August 1, 2013 | |
| Quantified Market Leaders Fund | August 1, 2013 | |
| Quantified Alternative Investment Fund | August 1, 2013 | |
| Quantified STF Fund | August 18, 2015 | |
| Quantified Evolution Plus Fund | August 1, 2019 | |
| Quantified Tactical Fixed Income Fund | August 1, 2019 | |
| Quantified Common Ground Fund | August 1, 2019 | |
| Quantified Pattern Recognition Fund | August 1, 2019 | |
| Quantified Rising Dividend Tactical Fund | February 23, 2021 | |
| Quantified Tactical Sectors Fund | February 23, 2021 | |
| Quantified Government Income Tactical Fund | February 23, 2021 | |
| Quantified Global Fund | May 23, 2023 |
Funds with the same investment adviser and sub-adviser are collectively referred to as a “Fund Family.”
SELECTED SERVICES and FEES
| 1. | The Fund(s) shall pay to UFS an annual fee (the “Service Fee”) equal to: |
fees intentionally left out
Basis point fees will be calculated based upon the average net assets of the Fund Family for the previous month.
In consideration for its receipt of the Service Fee, UFS shall be responsible for paying operational
expenses of the Funds, including fees related to fund accounting, fund administration, transfer agency, legal, audit, portfolio compliance, and custody services. Additionally, UFS shall be responsible for blue sky amortization expense. UFS shall not be responsible for extraordinary expense items, including expenses of Fund compliance services or consultants.
Additionally, UFS will reimburse the Trust’s legal counsel for reasonable travel expenses related to their travel to or attendance at Trust/Fund board meetings.
UFS will not be responsible for paying trustees fees or for reimbursing trustees for expenses related to their travel to or attendance at Trust/Fund board meetings. Nor will UFS be responsible for the cost of obtaining third-party data needed to prepare and file N-CEN and/or N-PORT filings.
| 2. | Additional Charges: |
a. Data De-Conversion Fee.
$ Fees intentionally left out
Signature Page Follows
IN WITNESS WHEREOF, the parties hereto have executed this Appendix IV-2 to the Fund Services Agreement effective as of October 18, 2023.
| ADVISORS PREFERRED TRUST | ULTIMUS FUND SOLUTIONS, LLC | |
| By: /s/ Xxxxxxxxx Xxxxx-Xxxxxx | By: /s/ Xxxx Xxxxxxx | |
| Xxxxxxxxx Xxxxx-Xxxxxx President | Xxxx Xxxxxxx Chief Executive Officer |
The undersigned investment adviser (the “Adviser”) hereby acknowledges and agrees to the terms of the Agreement. The Adviser also agrees, as does Ultimus Fund Solutions, LLC (“UFS”), to the following non- solicitation provision, for purposes of which the Adviser and UFS shall each be referred to as the “Company” and collectively as the “Companies”:
(1) the Companies expend substantial time and money, on an ongoing basis, to recruit and train their respective employees; (2) both Companies operate in a highly competitive marketplace and market their services throughout the United States, and (3) if either Company were to hire any employee of the other Company, the Company whose employee was so hired may suffer lost sales and other opportunities and would incur substantial expense in hiring and training replacement(s) for that employee. Accordingly, each Company agrees that it, including its respective affiliates and subsidiaries, shall not solicit, attempt to induce or otherwise hire an employee of the other Company for so long as this Agreement is in effect and for a period of two (2) years after termination of this Agreement, unless expressly agreed upon in writing by both Companies. In the event that this provision is breached by either Company, the breaching Company hereby agrees to pay damages to the non-breaching Company in the amount of two times the current annual salary of such employee or former employee. For purposes of this provision, “hire” means to employ as an employee or to engage as an independent contractor, whether on a full-time, part-time or temporary basis.
| Advisors Preferred LLC | Ultimus Fund Solutions, LLC |
| 0000 Xxxxxxxx Xxxx., Xxxxx 000 | 00 Xxxxx Xxxxx, Xxxxx 000 |
| Rockville, MD 20850 | Hauppauge, NY 11788 |
| By: /s/ Xxxxxxxxx Xxxxx-Xxxxxx | By: /s/ Xxxx Xxxxxxx | |
| Name: Xxxxxxxxx Xxxxx-Xxxxxx | Name: Xxxx Xxxxxxx | |
| Title: President | Title: Chief Executive Officer |
Shareholder Desktop Web Package
Proprietary Secure Web-Based Direct Interface With Transfer Agent Data
Supports Five Levels of Access
Fund Administrator
Broker/Dealer
Broker/Dealer Branch
Registered Representative
Shareholder
Customizable Look And Feel (Logo And Color Scheme)
Account Inquiry
Portfolio Summary
Account Position
Transaction History
General Account Information
Online Transactions
(Must have this reflected in the prospectus to offer this functionality) 
Exchanges
Purchases
Redemptions
Prospectus and SAI Access
Account Maintenance
Change of Shareholder Information
| o | Address |
| o | Phone Number |
| o | Email Address |
Online Statement Access
Quarterly Statements and Confirms
Electronic Delivery (Should have this reflected in the prospectus and application to offer this functionality)
| o | Statements |
| o | Confirms |
| o | Regulatory Mailings |
Shareholder Desktop Online New Accounts
Allows clients the ability to set up a new account online if they provide valid ACH information and agree to all disclaimers and agreements
on site.
E-Signature capability
Fund Data Web Package
Performance Web Page
| · | Comprehensive performance report hosted by UFS |
| o | Fund performance updated nightly |
| o | Up to 20 indexes available |
| o | Data provided in simple format to be encapsulated into Fund’s own website to provide a custom look and feel |
| o | Growth of $10,000 graph available |
Holdings web page
| · | Fund holding updated periodically to meet fund disclosure rules hosted by UFS |
| o | Fund holding updated periodically to meet fund disclosure rules |
| o | Top ten report available |
| o | Data provided in simple format to be encapsulated into Fund’s own website to provide a custom look and feel |
Historical NAV web page
| · | Provides historical NAV information for a specified period of time and for a specified fund |
| o | Data provided in simple format to be encapsulated into Fund’s own website to provide a custom look and feel |
Fulfillment web page
| · | Provides an online request form for shareholders who wish to request a hard copy of the fulfillment material mailed to them |
| o | Request is automatically routed online to the Shareholder Services Team at UFS for processing |
| o | Reporting of Fulfillment requests made online or via phone available via UFS Reporting Services Tool. |
UFS reporting utilizes the next generation secure web-based report delivery vehicle which allows for direct request or subscription based delivery reports available in multiple formats (PDF, Excel, XML, CSV)
