ASCESE FIA
Investment Objectives
The objective of the FUND is the appreciation of its shares in the long term, through asset allocation in a diversified portfolio of equity investments. The main risk is the variation in the price of the stocks that are negotiated in the stock exchange or in organized over the counter markets. These operations are subject to legal and bylaw limitations.
Investment Policy
The FUND’s objective is to seek the medium and long term appreciation of its shares. The main risk is the price fluctuation of assets being traded on the stock exchange or in organized over the counter markets. We run this risk when investing in companies that the ADMINISTRATOR believes to have the potential for a good return. This is subject to the limitations set forth by the bylaws of the fund and current regulation. The FUND will be able to make foreign investments, and those are also subject to the limits and restrictions of the bylaws and current regulation.
Prospective Clients
The FUND is destined, exclusively, to qualified investors, (legal concept defined by the CVM) making a minimum initial investment of R$ 1.000.000 (one million reais), on the terms of the 110-B article of CVM’s 409th Instruction (altered by ICVM 409) from August 18th, 2004.
Risk Profile
The ADMINISTRATOR’S risk assessment is present throughout the whole decision-making process. The risk of a particular asset is not determined numerically, through the precise definition of the variance of return around the average. It is incorporated throughout the fundamental analysis process. In regards to measuring the portfolio risk, the method used is mainly bottom-up, emphasizing the risk of each asset. Additionally, the ADMINISTRATOR also considers issues like the diversification of subjacent sectors and its implications on the portfolio’s concentration.
Technical Information
Minimum investment: R$1.000.000,00
Minimum Additional Investment and Redemption: Observado o limite mínimo de investimento, não há limites mínimos para movimentações subsequentes ou saldo de permanência no FUNDO.
Management Fee: 1.5% per year
Performance fee: 20% of what exceeds of IPCA + * IMAB. * See detailed description in regulation.
Income Tax: 15% of the nominal gain for Brazilian taxed investors and 10% for foreign investors incorporated in a non-tax heavens.
Auditor: PwC PricewaterhouseCoopers
Administrator: Dynamo Administração de Recursos Ltda
Manager: Dynamo Administração de Recursos Ltda
Anbima Category: Free Shares.
Inception date 03/11/2004
Documents (only in Portuguese)
Manual de Precificação Bradesco
Information on this website is for reference only and is not intended to distribute investment funds or to be used as a framework for taking investment decisions. Investment funds do not have any insurance mechanism and aren’t guaranteed by the fund administrator, portfolio manager or the FGC (“Fundo Garantidor de Crédito”, Brazil’s credit guarantee fund). Past performance is not an indicator or a guarantee of future results. Careful reading of the fund’s bylaws is recommended to investors. ANBIMA’S “how to invest” website:(www.comoinvestir.com.br). Investor Assistance +55 (21) 2512-9394
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