EX-FILING FEES

Calculation of Filing Fee Tables

FORM SC TO-I
(Form Type)

Aspiriant Risk-Managed Real Assets Fund
(Exact Name of Registrant as Specified in its Charter)

Table 1 Transaction Valuation

	Transaction Valuation			Fee rate		Amount of Filing Fee
Fees to Be Paid	$	9,500,000	(1)	$	0.0001531	$	1,454.45
Fees Previously Paid
Total Transaction Valuation	$	9,500,000
Total Fees Due for Filing						$	1,454.45
Total Fees Previously Paid
Total Fee Offsets
Net Fee Due						$	1,454.45

____________

(1) Estimated for purposes of calculating the amount of the filing fee only. The amount is based upon the offer to purchase up to 863,541 Shares (approximately 5.00% of the net assets of the Fund as of September 30, 2024) based on a net asset value per Share as of close of business on September 30, 2024 of $10.89.

Table 2 Fee Offset Claims and Sources(2)

Registrant
or Filer
Name

Form or
Filing
Type

File
Number

Initial
Filing
Date

Filing
Date

Fee
Offset
Claimed

Fee Paid
with
Fee Offset
Source

Fee Offset Claims

Fee Offset Sources

____________

(2) Not applicable.