Credit

Régia Crédito ESG

FIC FIM Crédito Privado

Low credit risk corporate and financial debt in the local market and bonds issued abroad, with stricter ESG restrictions.

Where to invest Documents

Status: Open for subscriptions
Target investors: Qualified investors
Risk profile: Aggressive

Management fee: 0,75% a.a.
Performance fee: 20% sobre CDI
Benchmark: CDI
Conversion / settlement: D+180 / D+1
Minimum investment: R$ 100,000.00
Inception: 03/11/2020

About the fund

A fund made up of a diversified portfolio of corporate and financial debt securities with low credit risk in the local market and bonds issued abroad. The fund seeks to finance projects with clear positive externalities, investing essentially in securities specifically intended for climate and environmental projects. Its portfolio will combine green debentures, bonds with coupons linked to the achievement of SDG-related targets, debt positions in companies classified as Best in Class – top quartile of their sector – and a basket of Green Bonds in the international market.

These restrictions relate to stricter levels of carbon and water footprints, governance and social inclusion. In addition, we intend to engage in the process of integrating ESG criteria in companies that intend to move their activities towards more sustainable businesses and practices.

Objective

To outperform the benchmark (CDI) over the long term.

Key features

Subscriptions and redemptions

Subscriptions: The fund is open for subscriptions. Quota conversion at D+0
Redemptions: D+180 · payment D+1
Quota conversion at D+180 calendar days; payment on the following business day. 1-year lock-up for redemption requests.
Cut-off: Transactions until 2:00 pm
Minimum investment: R$ 100,000.00
Minimum initial investment: R$ 100,000.00 · Subsequent transactions: R$ 50,000.00 · Minimum balance: R$ 100,000.00 · Minimum initial investment via platforms: R$ 10,000.00
Management fee: 0,75% a.a.
Total of 0.75% p.a. (0.60% at the FIC and 0.15% at the Master), accrued daily and paid monthly.
Performance fee: 20% sobre CDI
20% over CDI. High water mark. Paid annually or upon redemption, whichever comes first.
Benchmark: CDI
Taxation: The Fund pursues long-term taxation (regressive table)
The Fund pursues long-term taxation (regressive table). IOF: Levied on redemptions (converted) before the 30th day
Investment abroad: Up to 40% of the fund's net assets

Identification and service providers

Target investors: Qualified investors
ANBIMA category: Multimarket, Specific Strategy
ANBIMA code: 559806
CNPJ: 38.281.372/0001-06
Inception: 03/11/2020
Risk profile: Aggressive
Manager: Régia Capital
Administrator: BNY Mellon Serviços Financeiros DTVM S.A.
Custodian: BNY Mellon Banco S.A.
Auditor: KPMG Auditores Independentes

Documents

Updated monthly

Monthly factsheetPortfolio, performance and manager commentary.Being updated
Complementary informationOperational details, risks and distribution.Being updated
RegulationOperating rules, investment policy and fees.Being updated