Schroder IBX Plus (Citibank)
Exclusively intended for Citibank clients, the purpose of Schroder IBX Plus funds is, by means of an active management of a diversified share portfolio, to exceed the performance of São Paulo Stock Exchange (Bovespa) Índice Brasil (IBX) by 3% a year.
The choice of shares that form its portfolio is oriented by means of a fundamental analysis and based on a theoretical portfolio adopted by IBX. Nonetheless, the fund does not necessarily follow the same composition used for IBX calculation, and it may include assets that are not comprised by the index portfolio.
This is an extremely interesting alternative for Citibank clients who want to diversify their portfolio by investing in shares. The fund has a minimum investment of only R$ 1,000 and an administration fee of 3% p.a.
For additional information on this product, contact one of Citibank in Brazil.