Schroder Brasil Long & Short
Aiming at diversifying its product portfolio, Schroders launched on 29 June, 2007 its first Multi Asset long short fund in Brazil.
The fund is aimed at generating absolute return above its benchmark (CDI) around 5% p.a. over a twelve-month-spam, operating in the shares and derivatives market. Schroder Brasil Long Short fund value added source is the exploitation of the relative performance among shares from different sectors using the fundamental and technical analysis, but not adopting Equities directional strategies. The fund profits when the performance of the share positions acquired exceeds that of shares sold, not matter if the market itself shows uptrend or downtrend.
Consult Schroders for the banks that distribute this fund in Brazil or to find out how to invest directly with us.
| General Information: | |
|---|---|
| Commencement Date: | 29 June 2007 |
| Benchmark: | CDI |
| Target Audience: | Private Individual and Legal Entity Investors |
| ANBID Category: | Long and Short Multi Assets – Equities |
| Administrator: | Mellon Serviços Financeiros DTVM SA. |
| Manager: | Schroder Investment Management Brasil STVM S.A |
| Custodian: | Banco Bradesco S.A. |
| Controller: | Banco Bradesco S.A. |
| Auditor: | KPMG |
| Administration fee: | 2% p.a. |
| Performance Rate: | 20% over what exceeds the CDI |
| Minimum Investment: | R$ 50,000.00 |
| Minimum Operation: | R$ 25,000.00 |
| Limit time for investment: | 2:00pm |
| Limit time for withdrawal: | 2:00pm |
| Investment Quota: | D+0 |
| Withdrawal Quota: | D+30 |
| Investment Liquidation: | D+0 |
| Withdrawal Liquidation: | D+31 |
According to Resolutions CMN 3.456/07e 3.506/07, the pension funds and the social security private systems may invest, respectively, up to the limit of 3% of their funds in this product.
