Schroder BR Long & Short (Citibank)
Exclusive for clients of Citibank "wealth" segment, Schroder BR Long & Short is the first of this category in the bank platform.
The fund will seek expressive returns above CDI, its benchmark, operating in the stock market. As a long short fund, its strategy is to relative performances among several shares. When buying uptrend shares and selling other downtrend shares, the fund income is the difference between these operations.
Schroder BR Long & Short fund requires a minim investment of R$ 25,000, charge an administration fee of 2% a year and a performance fee of 20% over the amount that exceeds CDI. The fund offers daily liquidity, however, the payment of the amount withdrawn is 4 days after the request thereof.
