Normandia Institutional FIC FIA
Objective
Generate absolute return above the Brazillian long-term opportunity cost through stock investment.
Investment Philosophy
Active management through proprietary bottom-up analysis, supported by primary sources of information and field validation.
Documents
By-Law
INTERACTIVE TABLE
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| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | Incep.¹ | IBX-50 YTD | IBX-50 Incep. |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 | - | - | - | - | - | - | - | - | - | - | - | 9.30% | 9.30% | 9.30% | 5.35% | 5.35% |
| 2018 | 3.62% | 0.14% | -1.94% | -1.60% | -3.81% | -1.31% | -3.66% | -2.23% | -0.58% | 12.47% | 2.68% | 1.90% | 10.23% | 20.49% | 14.53% | 19.46% |
| 2019 | 9.31% | 0.80% | 2.05% | 0.01% | 2.81% | 3.92% | 3.04% | 1.41% | 2.96% | 3.38% | 2.45% | 9.46% | 49.87% | 80.58% | 29.15% | 54.28% |
| 2020 | 1.03% | -7.49% | -28.25% | 6.84% | 3.79% | 15.26% | 4.45% | -3.16% | -6.69% | -2.30% | 9.64% | 5.63% | -8.47% | 65.29% | 3.62% | 59.88% |
NAV: BRL 17.452.967,29
Average NAV (12m) BRL 16.828.866,86
NPV per Share: BRL 1,63425440
As of: May 07, 2021
Fund Information
| Start Date: Eligible Investors: Minimum Subscription Amount: Subscription Day: Management Fee: Investment Manager:
|
November 30, 2017 General Public (Res. CMN 4.661/18) BRL 1,000.00 T+1 2,0% Normandia Investimentos LTDA |
Start Date
November 30, 2017
Eligible Investors
General Public (Res. CMN 4.661/18)
Minimum Subscription Amount
BRL 1,000.00
Minimum Subscription Orders
BRL 1,000.00
Minimum Balance
BRL 1,000.00
Subscription Day
T+1
Payment Proceeds
T+30 calendar days
Redemption Day
T+2 business day after conversion
Management Fee
2,0%
Performance Fee
20,0% over IBX-50 p.a., annually
Tax Fee
15,0% tax over nominal returns
Investment Manager
Normandia Investimentos LTDA
Administrator
BEM – Distribuidora de Títulos e Valores Mobiliários
Custodian
Banco Bradesco S.A.
Auditor
PwC
CNPJ 28.788.359/0001-94
PURSUANT TO THE REGULATIONS ENACTED BY ANBIMA (THE BRAZILIAN FINANCIAL AND CAPITAL MARKETS ENTITIES ASSOCIATION), AN ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS IS RECOMMENDED WHEN EVALUATING THE FUND’S PERFORMANCE. This content is for informational purposes only and is not intended to provide specific investment advice and should not be relied upon in that regard. You should not act or rely on any information provided herein without seeking the advice of a professional. No information provided constitutes a solicitation, offer or recommendation to buy or sell securities or shares of any investment fund or vehicle managed or sponsored by Normandia Investimentos Ltda. (“Normandia Investimentos”). Careful reading of the fund’s bylaws is recommended to investors. Any performance figures presented herein are gross of taxes. Before making an investment decision, please read the relevant prospectus, the fund’s rules and other offering materials in its entirety. Investment fund’s performance is not guaranteed by fund administrators, fund managers, capital protection mechanisms, nor the brazilian Credit Guarantee Fund (“FGC”). Past performance does not guarantee future results. This content is not directed to any person in any jurisdiction where the availability of the information contained herein is prohibited. The supervision and fiscalization of the vehicles managed by Normandia Investimentos is carried out by the Brazilian Securities and Exchange Commission (“CVM”), through the Citizen Service at www.cvm.gov.br