Claritas G4 Class Brazil


Fund Investment Objectives

The investment objective is to seek long-term capital appreciation by investing in Brazilian equity securities. The fund has a fundamental approach and may have a net exposure between 85% and 100%. The investment strategy will not focus on tracking any of the stock market indexes and is expected to have a more concentrated portfolio. Typical portfolio has between 10-20 stocks, while the Bovespa Index is composed by 60 stocks. Average typical concentration per single stock is between 5% and 15%. Maximum concentration of 30% on a single name. Emphasis is placed on stocks with high average liquidity. However, part of the investments may be allocated to less liquidity stocks.