5C ∙ Law Company Group Investiment Funds in Brazil
To Individuals and Foreign Companies
- High performance
- Security
- Stability
- You can invest as an individual or foreign company
- The best option would you open a small office in Brazil, so you get the quality of national investor and may enjoy more benefits.
Make an appointment with us, you only need to choose an investment fund that best suits you and we take care of everything for you. We give you advice and support at all times, so that you can invest safely.
To invest in Investment Funds of Brazil, contact us: info@ac-nlbrlaw.com
Some types of investment funds in Brazil:
1. Short-term Funds:
Search returns through investments in securities indexed to the CDI / Selic rate or fixed rate bonds, provided that indexed and / or synthesized to CDI / Selic, issued by National Treasury (NT) and / or the Central Bank, with a maximum term of 375 days and average maturity of the portfolio of up to 60 days. It allowed also the realization of Repurchase Agreements, provided that: they are indexed to the CDI / Selic, backed by securities of TN or BCB and classified as low with counterparty credit risk. In the specific case of the counterparty is the Central Bank allowed the transaction is prefixed with a maximum term of seven days, since it corresponds to periods of extended holidays, or 60 days unless indexed to CDI / Selic.
2. Referenced Funds:
2.1 Referenced DI:
Funds that aim to invest at least 95% of the value of its portfolio in securities or transactions that seek to follow the variations of the ICD or Selic, are also subject to fluctuations resulting from the premium / discount of securities in relation to these benchmarks. The amount not used in operations that seek to follow the variations of these benchmarks should be applied only to transactions made for the Short Term Fund. These funds follow the provisions of Article 94 of CVM Instruction 409.
2.2 Other Referenced:
Funds that aim to invest at least 95% of the value of its portfolio in securities or transactions that seek to track changes in a benchmark other than those defined in Section 2.1 above, are also subject to fluctuations resulting from the premium / discount on securities relative to its benchmark. The amount not used in operations that seek to follow the variations of the benchmark should be applied only to transactions made for the Short Term Fund. These funds follow the provisions of Article 94 of CVM Instruction 409. In this category are not allowed benchmarks foreign currencies or stock market.
3. Fixed Income Funds:
3.1 Fixed Income:
Search returns through investments in fixed income assets (bonds being accepted synthesized through the use of derivatives). Excluded are strategies that imply a risk of price indexes, foreign exchange or equities (stocks, etc.). Must maintain at least 80% of their portfolio in government securities or assets with low credit risk. They do not admit leverage.
3.2 Fixed Income Credit:
Search returns through investments in fixed income assets of any spectrum of credit risk (being accepted titles synthesized through the use of derivatives). Excluded are strategies that imply a risk of price indexes, foreign exchange or equities (stocks, etc.). Do not admit leverage.
3.3 Fixed Income Multi-indices:
Search returns through investments in fixed income assets of any spectrum of credit risk (being accepted titles synthesized through the use of derivatives), including strategies that entail the risk of price indexes. It does not, however, investments which involve a risk of fluctuations in currencies and equities (stocks, etc.). Do not admit leverage.
3.4. Leveraged Fixed Income:
Search returns through investments in fixed income assets of any spectrum of credit risk (being accepted titles synthesized through the use of derivatives), including strategies that entail the risk of price indexes. It does not, however, investments which involve a risk of fluctuations in currencies and equities (stocks, etc.). These funds can even carry out transactions involving leveraged heritage
4. Exchange Funds:
4.1. Dollar Linked Exchange Rate
These are funds whose investment objective is to monitor the behavior of the dollar. They do not admit leverage.
4.2 Euro Currency Linked
These are funds whose investment objective is to monitor the behavior of the Euro. They do not admit leverage.
4.3 Currency Dollar unleveraged
These are funds that apply at least 80% of its portfolio in assets - of any spectrum of credit risk - related directly, or through derivatives, the U.S. currency. The amount not invested in securities directly or indirectly related to the dollar should be applied only in bonds and fixed income transactions (pre or post attached to CDI / Selic). They do not admit leverage.
Dollar Exchange 4.4 with leverage
These are funds that apply at least 80% of its portfolio in assets - of any spectrum of credit risk - related directly, or through derivatives, the U.S. currency. The amount not invested in securities directly or indirectly related to the dollar should be applied only in bonds and fixed income transactions (pre or post attached to CDI / Selic). These funds leverage admit .
Exchange 4.5 Other non-leveraged
These are funds that apply at least 80% of its portfolio in assets - of any spectrum of credit risk - related directly, or through derivatives, one or more foreign currencies. The amount not invested in securities directly or indirectly related to one or more foreign currencies shall be applied only in bonds and fixed income transactions (pre or post attached to CDI / Selic). They do not admit leverage.
Other Exchange 4.6 with leverage
These are funds that apply at least 80% of its portfolio in assets - of any spectrum of credit risk - related directly, or through derivatives, one or more foreign currencies. The amount not invested in securities directly or indirectly related to one or more foreign currencies shall be applied only in bonds and fixed income. These funds leverage admit.
5. Multimarket Funds:
5.1. Multimarket no leverage, no equity
Classified in this sector funds that seek long term return by investing in different asset classes (fixed income, foreign exchange, etc.) except equities (stocks, etc.).. These funds have not explained the mix of assets with which to be compared (asset allocation benchmark) and can even be compared to the performance parameter that reflects only one asset class (eg 100% CDI). They do not admit leverage.
5.2. Multimarket without leverage, with variable income
Classified in this sector funds that seek long term return by investing in different asset classes (fixed income, foreign exchange, etc.) including equities (stocks, etc.).. These funds have not explained the mix of assets with which to be compared (asset allocation benchmark) and can even be compared to the performance parameter that reflects only one asset class (eg 100% CDI). They do not admit leverage.
5.3. Multimarket leveraged, no equity
Classified in this sector funds that seek long term return by investing in different asset classes (fixed income, foreign exchange, etc.) except equities (stocks, etc.).. These funds have not explained the mix of assets with which to be compared (asset allocation benchmark) and can even be compared to the performance parameter that reflects only one asset class (eg 100% CDI). Admitted leverage.
5.4. Multimarket with leverage, with variable income
Classified in this sector funds that seek long term return by investing in different asset classes (fixed income, foreign exchange, etc.) including equities (stocks, etc.).. These funds have not explained the mix of assets with which to be compared (asset allocation benchmark) and can even be compared to the performance parameter that reflects only one asset class (eg 100% CDI). Admitted leverage.
5 5.. Balanced
Classified in this sector funds that seek long term return by investing in different asset classes (fixed income, equities, foreign exchange, etc.). These funds use a diversified investment strategy and tactical shifts among asset classes or explicit strategy of short-term rebalancing These funds should have explained the mix of assets (percentage of each asset class) with which to be compared (asset allocation benchmark). As such, these funds can not be compared to performance indicator that reflects only one asset class (eg 100% CDI). They do not admit leverage.
5.6. Capital Protected
Search returns in risky markets looking for partially or fully protect the principal invested.
6. Foreign Debt Funds
These are funds that aim to invest primarily in securities representing the external debt of the Union These funds follow the provisions of Article 96 of CVM Instruction 409.
7. Stock Funds
The Equity Fund should have at least 67% in equities in sight.
7.1. Bovespa Stock Funds
7.1.1 Ibovespa Indexed Equity Fund
These are funds whose investment objective is to monitor the behavior of the Bovespa index. They do not admit leverage.
7.1.2 Ibovespa Active Equity Fund
These are funds that use as a benchmark Bovespa index, with the explicit aim of overcoming this index. They do not admit leverage.
7.1.3 Stock Funds with leverage Ibovespa Activity
These are funds that use the index as a benchmark Bovespa, with explicit goal to beat the index. Admitted leverage.
7.2 Equity Fund IBX
7.2.1 IBX Indexed Equity Fund
These are funds whose investment objective is to monitor the behavior of IBX IBX or 50. They do not admit leverage.
7.2.2 IBX Active Equity Fund
These are funds that use the IBX IBX or 50 as reference, with explicit goal to beat their index. They do not admit leverage.
7.2.3 Stock Funds with leverage IBX
These are funds that use the IBX IBX or 50 as reference, with the explicit objective to outperform the respective index. Admitted leverage.
7.3 Sectoral Equity Fund
7.3.1 Telecommunications
These are funds whose strategy is to invest in shares of the telecommunications industry. They do not admit leverage.
7.3.2 Energy
These are funds whose strategy is to invest in shares of the energy sector. They do not admit leverage.
7.4. Other Equity Fund
7.4.1 Other non-leveraged
Classified in this segment open stock funds that do not fit in any of the previous segments (7.1 to 7.3, and its subsegments). They do not admit leverage.
7.4.2 Other leveraged
Classified in this segment open stock funds that do not fit in any of the previous segments (7.1 to 7.3., And its subsegments). Admitted leverage.
8. Closed Funds
8.1 Closed Funds Fixed Income
8.2 Stock Closed Funds
8.3. Funds Closed Mixed.
II. PENSION FUNDS
This category includes the FAPI's and Exclusive Funds for PGBL's. Will be used to classify Investment Funds (item I).
III - MUTUAL FUNDS PRIVATISATION
Funds are regulated by CVM Instruction 141/1991, 157/1991, 266/1997, 279/1998 CVM and its modifications.
IV - OFF SHORE FUNDS
For the purposes of this classification, it is assumed that offshore fund established outside the Brazilian territory, but whose manager is located in Brazil.
1. Offshore Fixed Income
2. Offshore Equities
3. Off Shore Mixed
V - INVESTMENT FUNDS IN CREDIT RIGHTS
Funds are regulated by CVM and CVM 356/2001 399/2003 and its modifications.
VI - INVESTMENT FUNDS
Funds are regulated by CVM and CVM 205/1994 206/1994 and its modifications.
VII - INDEX FUNDS
Funds are regulated by CVM Instruction 359/2002.
It is understood by hedging the portfolio, or hedge, any operation aimed at neutralizing risks other than the benchmark of the fund, or summarize the background risks that connect to the benchmark, limited to the value of its assets.
A fund is considered to be leveraged whenever possible (nonzero) higher than the loss of fund assets, disregarding cases of default in the fund's assets.
5C ∙ Law Company Group will give you advice and support at all times, so that you can invest safely.
