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 November 2019, LIS VALUE FUND had a performance of -1,97% in comparison to -4,58% of IBrX100. Since inception (March 10th 2016) until November 29th 2019, the fund has an accumulated return of 121,36%.
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+30 business days
Redemption Payment: D+31 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