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Select Year:
| 2012 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Returns | 4,07% | - | - | - | - | - | - | - | - | - | - | - | 4,07% |
| IPCA + 6% | 3% | - | - | - | - | - | - | - | - | - | - | - | 3% |
In accordance to Brazilian legislation, as per ANBIMA’s Guidance for Advertisement and Disclosure of Technical Material, FRAM Capital does not publish any kind of return differential or benchmark comparison in the months where the return, the benchmark or both are negative.
FRAM Capital Gjersen FIC FIA aims at delivering capital gains by investing primarily in the Brazilian equity markets. The fund's investment philosophy is based on a deep fundamental analysis of companies and sectors, and seeks to identify opportunities with good value appreciation potential in the medium and long terms. Less importance is attributed to short term volatility, liquidity and correlation with market indexes in the investment decision process.
Target Investors:
FRAM Capital Gjertsen FIC FIA is aimed at qualified investors, seeking long term returns and familiar with the risks involved in the equity markets who are comfortable with the compatible degree of volatility and investment policy, as set forth in the fund’s prospectus and regulations.
Operating Characteristics
| Fund inception date: | 19/11/2009 |
|---|---|
| Minimum initial investment: | R$ 25,000.00 |
| Minimum additional investment: | R$ 10,000.00 |
| Minimum balance: | R$ 25,000.00 |
| Administration fee: | 2.0% p.a. (paid monthly) |
| Performance fee: | 20% of return in excess of the 100% do IPCA + 6%a.a., subject to "high water mark", paid semi-annually (or at redemption, when redemption occurs prior to payment date |
| Local Taxation: | 15% over nominal gains |
| Manager: | Fram Capital Gestão de Ativos Ltda. |
| Administrator: | BEM – DTVM Ltda. (Banco Bradesco) |
| Custodian: | Banco Bradesco S.A. |
| Auditor: | Price WaterhouseCoopers |
| Category: | Ações Ibovespa Ativo |
| Investment hours: | 9:00 am - 2:00 pm |
| Investment share: | Same day as investment request |
| Redemption share: | 60 calendar days subsequent to redemption request or 4 calendar days subject to a 10% rate over the redemption value |
| Payment of proceeds: | First business day following redemption date |
