IBIUNA EQUITIES FIC FIA

Monthly report
Fund bylaws
Fund objective

Ibiuna Equities 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%.

Suited for

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

Fund details
Status

Closed
Inception date

07/29/2011
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+1
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

PriceWaterhouseCoopers

Early exit clause

None