Select Year:
| 2012 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Returns | 1,22% | - | - | - | - | - | - | - | - | - | - | - | 1,22% |
| % CDI | 137% | - | - | - | - | - | - | - | - | - | - | - | 137% |
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 Nansen FIC Multimercado aims at exceeding the CDI rate. The investment decision process is based on rigorous opportunity analysis and the construction of a diversified portfolio. FRAM Capital’s believes that capital preservation in cycles of turbulence is the basis of wealth creation over the long term. The risks incurred are measured and monitored by FRAM Capital’s and Bradesco’s (administrator) risk areas independently and on a daily basis.
Target investors:
FRAM Capital Nansen FIC Multimercado is aimed at investors – individuals; legal and mutual funds - seeking returns in excess of the CDI over the long term, 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: | 06/30/2008 |
|---|---|
| Minimum initial investment: | R$ 25,000.00 |
| Minimum additional investment: | R$ 10,000.00 |
| Minimum balance: | R$ 25,000.00 |
| Administration fee: | 1.2% 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: | 22.5% up to 6 months 20% -6 through12 months 17.5% -12 through24 months 15% over 24 months |
| Manager: | Fram Capital Gestão de Ativos Ltda. |
| Administrator: | BEM – DTVM Ltda. (Banco Bradesco) |
| Custodian: | Banco Bradesco S.A. |
| Auditor: | Price WaterhouseCoopers |
| Investment hours: | 9:00 am - 2:00 pm |
| Investment share: | Same day as investment request |
| Redemption share: | 06 calendar days subsequent to redemption request |
| Payment of proceeds: | First business day following redemption date |
| 2012 | |
| Commentary nº 27 |
(330 kb)
|
| 2011 | |
| Commentary nº 26 |
(294 kb)
|
| Commentary nº 25 |
(330 kb)
|
| Commentary nº 24 |
(374 kb)
|
| Commentary nº 23 |
(372 kb)
|
| Commentary nº 22 |
(359 kb)
|
| Commentary nº 21 |
(375 kb)
|
| Commentary nº 20 |
(269 kb)
|
| Commentary nº 19 |
(282 kb)
|
| Commentary nº 18 |
(295 kb)
|
| Commentary nº 17 |
(263 kb)
|
| Commentary nº 16 |
(281 kb)
|
| 2010 | |
| Commentary nº 15 |
(315 kb)
|
| Commentary nº 14 |
(296 kb)
|
| Commentary nº 13 |
(244 kb)
|
| Commentary nº 12 |
(293 kb)
|
| 2009 | |
| Commentary nº 11 |
(213 kb)
|
| Commentary nº 10 |
(253 kb)
|
| Commentary nº 9 |
(259 kb)
|
| Commentary nº 8 |
(348 kb)
|
| Commentary nº 7 |
(280 kb)
|
| 2008 | |
| Commentary nº 6 |
(251 kb)
|
| Commentary nº 5 |
(267 kb)
|
| Commentary nº 4 |
(206 kb)
|
| Commentary nº 3 |
(253 kb)
|
| Commentary nº 2 |
(270 kb)
|
| Commentary nº 1 |
(224 kb)
|
