LIS Value Fund

Equity Investment Fund that aims to provide real absolute returns higher than the local opportunity cost, with a long term horizon, investing mainly in companies listed in the Brazilian stock exchange, as well as in other Latin American countries. We invest using a value philosophy, with a focus on the existence of competitive advantages, solid corporate governance structure and alignment of interests with minority shareholders. 

In February 2020, LIS VALUE FUND had a performance of -6,75% in comparison to -13,15% of IBrX100. Since inception (March 10th 2016) until February 28th 2020, the fund has an accumulated return of 142,66%.

Min. Initial Investment: R$ 1,000.00

Min. Subsequent Investment: R$ 1,000.00

Minimum Balance: R$ 1,000.00

Management Fee: 2.225%

Performance Fee: 20% over IBRX100, w/high-water mark

Subscription Settlement: D+1

Redemption Settlement: D+29 business days

Redemption Payment: D+30 business days

Investment / Redemption Hours: until 2 p.m.

Grace Period: Daily liquidity

Tax rate: 15% on nominal gains at redemption

Inception Date: 10/03/2016

Portfolio Manager: LIS Capital Gestora de Recursos Ltda.

Fund Administrator: CM Capital Markets

Custodian: Bank BM&FBovespa

Auditors: BDO Auditores

ANBIMA Category: Stocks

Registration Number: 24.325.422/0001-03

Bank Account: BM&FBovespa 096 | Ag 0001 │A/c  02466-1