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Select Year:
| 2012 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Returns | 7,25% | - | - | - | - | - | - | - | - | - | - | - | 7,25% |
| Dif. IBOVESPA | -3,67% | - | - | - | - | - | - | - | - | - | - | - | - |
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 Wisting FIC FIA aims at delivering excess returns through active equity management and rigorous asset selection. The decision process is based on detailed company analysis and a broad understanding of the leading sectors resulting in the construction of a diversified portfolio.
Target investors:
FRAM Capital Wisting 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: | 11/09/2008 |
|---|---|
| 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 CDI rate (interbank lending rate), 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 Waterhouse Coopers |
| Category: | Ações Ibovespa Ativo |
| Investment hours: | 9:00 am - 2:00 pm |
| Investment share: | Same day as investment request |
| Redemption share: | 30 calendar days subsequent to redemption request or 4 calendar days subject to a 5% rate over the redemption value |
| Payment of proceeds: | First business day following redemption date |
