FREQUENTLY ASKED QUESTIONS
Answers to Common Questions about BAMIX

BAMIX (Booster Income Opportunities Fund) is a professionally managed structured notes interval fund. The fund invests in a portfolio of custom-negotiated, bank-issued income-oriented structured notes across issuers, structures, and maturities, designed to deliver enhanced monthly income potential with embedded risk management features.

The interval fund structure allows for daily purchases at NAV and quarterly redemption opportunities, making professionally managed structured note strategies accessible with a $1,000 minimum investment.

Enhanced income notes are income-oriented structured notes—bank-issued debt instruments that combine bond-like income with equity-linked characteristics. Each note includes a fixed coupon rate set at issuance, a defined maturity date, and an embedded barrier to mitigate risk.

The "enhanced" component comes from linking the note to equity market performance, which enables higher income potential than traditional bonds. The monthly income remains fixed for the life of the note; however, the equity link affects the principal balance at maturity.

BAMIX generates income from coupons paid by the structured notes in its portfolio.

How coupons work. When each note is created, the issuing bank establishes a fixed coupon rate—typically higher than traditional bond yields—that remains constant for the life of the note. The fund collects these payments and distributes the income to investors.

Why income is consistent. Unlike traditional bonds, where income fluctuates with interest rates, structured note coupons are locked in at issuance based on the note's specific terms and barrier levels. Targeted monthly income doesn't change with market movements or rate fluctuations—it's embedded in the note's design from the start.

An interval fund is a closed-end fund that offers scheduled redemption opportunities— typically quarterly— at net asset value (NAV). Unlike mutual funds with daily liquidity, interval funds provide redemption windows at scheduled intervals—quarterly in the case of BAMIX.

This structure enables the fund to invest in assets that benefit from longer holding periods, such as structured notes, while still providing investors with periodic access to their capital. Investors can purchase shares daily at NAV; redemptions are processed quarterly. Liquidity is limited, and the fund should be viewed as a long-term investment.

The minimum investment is $1,000.

BAMIX is available through qualified financial advisors and can be held in accounts at Schwab and Fidelity.

For investors who work with a financial advisor. Ask your advisor about adding the Booster Income Opportunities Fund (ticker: BAMIX) to your portfolio. Your advisor can help determine an appropriate allocation and facilitate the purchase through your existing custodial account.

For investors who don't have an advisor qualified to access BAMIX, you can request a referral through the Booster website at www.boosterincomefund.com or by calling (833) 510-8133. We can connect you with a qualified advisor who can evaluate whether BAMIX is appropriate for your needs and help you establish an account.

BAMIX offers quarterly redemption windows during which the fund repurchases up to 5% of total fund assets. Redemption requests must be submitted in accordance with the fund's published schedule, and shares are redeemed at NAV.

BAMIX has a gross expense ratio of 3.80% and a net expense ratio of 1.92%. The net expense ratio reflects what investors pay after voluntary fee waivers; the gross ratio represents the full cost before waivers. The Adviser has a voluntary fee waiver agreement through July 17, 2026.

These fees cover the specialized expertise required to source, negotiate, and manage a portfolio of custom-negotiated structured notes—including direct relationships with major global banks, rigorous due diligence, and ongoing portfolio oversight. There are no front-end sales charges or redemption fees.

BAMIX is managed by Booster Asset Management, with sub-advisory services provided by Brookstone Capital Management.

Institutional foundation. Brookstone Capital Management, a $12+ billion RIA, built and scaled a structured note SMA strategy to $2 billion in assets under management. The methodology refined over more than a decade is now what powers BAMIX.

Active management. The team sources and negotiates notes with major global banks, constructs the portfolio of holdings for efficient risk-return profiles, and manages reinvestment decisions as notes mature or are called.

Leadership. CEO Dean Zayed oversees both Booster Asset Management and Brookstone Capital Management. Mark DiOrio, CFA, serves as Chief Investment Officer, and Alex Bobin, CFA, is Senior Portfolio Manager.

BAMIX, like all investments, carries risk. The following are key risk factors investors should understand. The management team works to mitigate these risks through exposure across multiple issuers, structures, and maturities, professional note selection, customized term negotiation, and ongoing portfolio oversight—but this approach alone does not eliminate risk, and investors may experience losses.

Market risk. Sharp declines can cause underlying equity indices to breach barrier levels, resulting in principal loss at the individual note level.

Interest rate risk. Fluctuations in interest rates affect market conditions and NAV valuations. When notes mature, proceeds are reinvested at prevailing rates, which may offer different terms than the original investment.

Credit risk. Notes are unsecured debt obligations of major banks. If an issuing bank defaults, investors could lose principal in that note.

Liquidity risk. Redemptions are limited to quarterly intervals with a maximum of 5% of total fund assets per quarter. If requests exceed this limit, fulfillment may be prorated. There is no guarantee that an investor will be able to sell all the shares that the investor desires to sell in any given quarterly repurchase offer.

Call risk. Issuing banks may redeem notes early, requiring the fund to reinvest at prevailing conditions, which may offer less favorable terms.

BAMIX is designed for conservative to moderate investors seeking enhanced income potential with built-in risk-mitigation features. It's appropriate for investors who:

• Want monthly income with higher income potential than traditional bonds
• Seek reduced sensitivity to interest rate movements
• Value professional management of complex strategies
• Can accept limited liquidity with quarterly access

The fund can replace traditional fixed income allocations, complement existing bond positions, or serve as a portfolio diversifier. It's not appropriate for investors seeking maximum growth or those requiring daily liquidity.

As with any investment, consult with a qualified financial advisor to determine if BAMIX aligns with your goals, risk tolerance, and time horizon.

BAMIX can play several roles depending on one’s investment goals.

Fixed income enhancement. As an additive, BAMIX can enhance a traditional bond allocation by providing higher income potential with reduced interest rate sensitivity.

Bond alternative. For investors frustrated with low yields or rate sensitivity in traditional bonds, BAMIX can replace a portion of bond holdings as a fixed income alternative.

Income planning. BAMIX can support consistent monthly income objectives for those in the distribution phase of their financial plan.

Portfolio diversifier. BAMIX offers low correlation to both traditional bonds and equities, helping to manage risk in uncertain market environments.

Annuity alternative or complement. BAMIX can provide income without long-term commitments, surrender charges, or insurance fees. Some investors pair BAMIX with annuities—using the fund for current and immediate future income needs while preserving annuity guarantees for later years.

The appropriate allocation of BAMIX in an investment portfolio depends on an investor’s risk profile, income needs, and overall financial plan. Investors should consult with a qualified financial advisor to determine the right role and allocation for their circumstances.

BAMIX seeks to provide monthly enhanced income distributions to investors. While the fund seeks consistency, distribution amounts may vary based on the specific notes held, the timing of maturities and reinvestments, and overall portfolio composition. Distributions can be automatically reinvested in additional fund shares or paid out as cash, depending on investor preference and account settings. The amount of distributions that the fund may pay, if any, may vary or be zero in any given period.

Distributions are reported on Form 1099 and may include ordinary income, capital gains, or return of capital, depending on fund activity. Investors should consult a qualified tax advisor regarding their specific situation.

The fund offers redemption windows four times per year. Shares are redeemed at NAV as of the redemption date. Specific dates and request deadlines are published in the prospectus and communicated to shareholders in advance.

During each period, the fund repurchases up to 5% of total fund assets. This limit maintains portfolio stability while providing regular liquidity. If total requests exceed the 5% limit, requests are fulfilled on a pro-rata basis. In this scenario, investors may receive only a portion of their requested amount, with the remainder carried forward to the next window. There is no guarantee that an investor will be able to sell all the shares that the investor desires to sell in any given quarterly repurchase offer.

Investors should work with their qualified financial advisor to submit a redemption notice in accordance with the fund's schedule. Requests must typically be received by a specified deadline before the redemption date. For complete details, consult the prospectus.

Yes. BAMIX can be held in most retirement account types, including Traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, and 401(k) rollover IRAs. The retirement account must be held at Schwab or Fidelity to invest in BAMIX. If an investor’s current custodian differs, they may need to transfer assets or open a new account.

Before investing retirement assets, investors should consider:

Liquidity planning. The fund's quarterly structure should be evaluated against retirement income timing needs.

Required minimum distributions. RMDs can typically be satisfied through quarterly redemptions or monthly distributions.

As with any retirement investment decision, investors should consider their complete financial plan, time horizon, and distribution needs.

Financial planning should be discussed with a qualified financial advisor. Tax implications should be discussed with a qualified tax advisor. Estate planning considerations should be reviewed with appropriate licensed professionals.