IBIUNA EQUITIES 30 FIC FIA

Monthly report
Regulation
Objective

Ibiuna Equities 30 FIC FIA is a total return equities long only fund. The main goal of the equities portfolio management team is to identify opportunities in stocks of Brazilian companies through fundamental analysis and net exposure between 90% and 100%.

Target audience

Investors in general that seek long term superior returns and understand the risks within the strategies implemented by the management team.

Features
Status

Open
Inception date

01/19/2017
Benchmark

IBRX

Administration fee

2% (p.a)

Performance fee

20% over IBRX

Initial investment

BRL 10.000
Additional investment

BRL 10.000
Minimum movement

BRL 10.000
Minimum balance

BRL 10.000
Subscription

T+1
Redemption

T+30
Settlement

2º day after the redemption NAV
Subscription and redemption orders

Daily, up to 3 pm
Manager

Ibiuna Ações Gestão de Recursos Ltda.

Administrator

BEM – Distribuidora de Títutlos e Valores Mobiliários
Custodian

Banco Bradesco S.A.

Auditor

KPMG

Early exit clause

The fund has an early exit clause with a 5% penalty. If exercised, the redemption will be converted in T+1 and settled in T+3. The 5% penalty fee will be charged over the redeemed amount.