| NAV | $22.73 | Daily Change | -$0.15 | -0.66% |
| Market Price | $22.73 | Daily Change | -$0.18 | -0.79% |
SDIV accesses 100 of the highest dividend paying equities around the world, potentially increasing a portfolio's yield.
SDIV has made monthly distributions 14 years running.
Investing in equities from around the globe can help diversify both geographic and interest rate exposure.
| Inception Date | 06/08/11 |
| Total Expense Ratio | 0.58% |
| Net Assets | $1.11 billion |
| NAV | $22.73 |
The Global X SuperDividend® ETF (SDIV) invests in 100 of the highest dividend yielding equity securities in the world.
The Global X SuperDividend® ETF (SDIV) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend Index.
| Ticker | SDIV |
| B3 Trading Code | BSDV39 |
| Bloomberg Index Ticker | SOLSDIV |
| CUSIP | 37960A669 |
| ISIN | US37960A6698 |
| Primary Exchange | NYSE Arca |
| Number of Holdings | 106 |
| 30-Day SEC Yield | 10.11% |
| 12-Month Trailing Yield | 10.25% |
| Distribution Yield | 9.32% |
| Distribution Frequency | Monthly |
| NAV | $22.73 | Daily Change | -$0.15 | -0.66% |
| Market Price | $22.73 | Daily Change | -$0.18 | -0.79% |
|
Cumulative Returns (as of 10/30/26)
|
1 Month | 6 Months | YTD | 12 Months | 24 Months | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|
| Return SDIV | -5.18% | -8.07% | 3.64% | 7.51% | 19.01% | 16.52% | 06/08/11 |
|
Returns (as of 10/29/26)
|
Return SDIV | Return Index |
|---|---|---|
| Since Inception | 14.50% | 11.93% |
| 12 Months | 1.24% | 0.53% |
| 24 Months | 21.13% | 20.15% |
| Last 60 Trading Days | -5.85% | -5.73% |
| Last 75 Trading Days | -5.69% | -5.60% |
|
Monthly Returns (through 10/29/26)
|
Return SDIV | Return Index |
|---|---|---|
| Nov 2026 | 0.00% | 0.00% |
| Oct 2026 | -1.74% | -1.68% |
| Sep 2026 | -5.18% | -5.19% |
| Aug 2026 | 1.18% | 1.23% |
| Jul 2026 | 2.28% | 1.79% |
| Jun 2026 | -1.95% | -2.13% |
| May 2026 | -2.76% | -3.21% |
| Apr 2026 | 4.01% | 3.97% |
| Mar 2026 | -3.74% | -3.62% |
| Feb 2026 | 2.75% | 2.85% |
| Jan 2026 | 7.22% | 7.29% |
| Dec 2025 | -0.15% | -0.08% |
| Nov 2025 | 1.51% | 1.61% |
| Oct 2025 | 0.08% | 0.06% |
| Sep 2025 | -0.03% | -0.22% |
| Aug 2025 | 3.38% | 3.43% |
| Jul 2025 | 3.04% | 3.01% |
| Jun 2025 | 4.94% | 5.63% |
| May 2025 | 4.66% | 4.04% |
| Apr 2025 | 2.69% | 2.73% |
| Mar 2025 | -1.60% | -1.50% |
| Feb 2025 | 0.71% | 0.64% |
| Jan 2025 | 2.10% | 1.90% |
| Dec 2024 | -3.09% | -3.03% |
| Nov 2024 | -1.75% | -0.92% |
Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.
| Net Assets (%) | Ticker | Name | Country | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|---|
| 1.97 | VAR NO | VAR ENERGI ASA | United States | BPLF0Y2 | 6.42 | 3,431,933 | 22,035,660.85 |
| 1.89 | NAT | NORDIC AMERICAN TANKERS LTD | United States | 2113876 | 7.91 | 2,677,117 | 21,175,995.47 |
| 1.89 | TFG-R TB | THAIFOODS GROUP PCL-NVDR | Thailand | BYVTKN6 | 0.29 | 73,336,200 | 21,118,038.89 |
| 1.84 | RHI | ROBERT HALF INC | United States | 2110703 | 43.73 | 470,996 | 20,596,655.08 |
| 1.80 | DNO NO | DNO ASA | United States | B15GGN4 | 2.66 | 7,560,527 | 20,074,885.10 |
| 1.79 | HAUTO NO | HOEGH AUTOLINERS ASA | United States | BMFDP24 | 19.49 | 1,028,650 | 20,048,868.49 |
| 1.71 | ITH LN | ITHACA ENERGY PLC | United Kingdom | BPJHV58 | 4.06 | 4,718,534 | 19,140,638.42 |
| 1.63 | VCT LN | VICTREX PLC | United Kingdom | 0929224 | 12.10 | 1,507,759 | 18,239,508.84 |
| 1.61 | AKRBP NO | AKER BP ASA | United States | B1L95G3 | 42.62 | 422,732 | 18,017,031.19 |
| 1.61 | PK | PARK HOTELS & RESORTS INC | United States | BYVMVV0 | 16.60 | 1,085,229 | 18,014,801.40 |
| 1.57 | PRGO | PERRIGO CO PLC | United States | BGH1M56 | 15.78 | 1,115,104 | 17,596,341.12 |
| 1.50 | PETR4 BZ | PETROLEO BRASILEIRO SA - | Brazil | 2684532 | 9.71 | 1,722,400 | 16,729,355.70 |
| 1.37 | SFL | SFL CORP LTD | United States | BJXT857 | 12.95 | 1,184,627 | 15,340,919.65 |
| 1.34 | SDLF LN | STANDARD LIFE PLC | United Kingdom | BGXQNP2 | 12.40 | 1,213,714 | 15,048,258.54 |
| 1.31 | MMS AU | MCMILLAN SHAKESPEARE LTD | Australia | B00G1Q0 | 14.23 | 1,030,701 | 14,668,778.04 |
| 1.28 | BBSE3 BZ | BB SEGURIDADE PARTICIPACOES | Brazil | B9N3SQ0 | 7.61 | 1,881,500 | 14,325,728.55 |
| 1.24 | ATHM | AUTOHOME INC-ADR | United States | BH5QGR0 | 19.86 | 696,700 | 13,836,462.00 |
| 1.23 | IIPR | INNOVATIVE INDUSTRIAL PROPER | United States | BD0NN55 | 52.04 | 264,618 | 13,770,720.72 |
| 1.21 | LGEN LN | LEGAL & GENERAL GROUP PLC | United Kingdom | 0560399 | 4.07 | 3,324,090 | 13,528,635.72 |
| 1.20 | TFSL | TFS FINANCIAL CORP | United States | B1W8J67 | 16.43 | 814,117 | 13,375,942.31 |
| 1.20 | ZAIN KK | MOBILE TELECOMMUNICATIONS CO | United States | 6600084 | 1.86 | 7,199,010 | 13,370,911.89 |
| 1.19 | FLNG | FLEX LNG LTD | United States | BH3T3L4 | 28.37 | 469,462 | 13,318,636.94 |
| 1.18 | ALX | ALEXANDER'S INC | United States | 2014021 | 251.62 | 52,246 | 13,146,138.52 |
| 1.17 | INTB3 BZ | INTELBRAS SA INDUSTRIA DE TE | Brazil | BMZ2WR5 | 2.56 | 5,102,200 | 13,040,256.13 |
| 1.15 | IPH AU | IPH LTD | Australia | BS7K5S1 | 2.73 | 4,716,952 | 12,875,335.05 |
| 1.11 | HSBK LI | HALYK BANK-GDR REG S | United States | B1KDG41 | 32.80 | 377,610 | 12,385,608.00 |
| 1.09 | ADRO IJ | ALAMTRI RESOURCES INDONESIA TBK | Indonesia | B3BQFC4 | 0.13 | 92,141,800 | 12,200,845.24 |
| 1.07 | RECV3 BZ | PETRORECONCAVO SA | Brazil | BNC08V5 | 2.03 | 5,902,000 | 11,995,736.02 |
| 1.06 | EXX SJ | EXXARO RESOURCES LTD | South Africa | 6418801 | 11.46 | 1,036,094 | 11,873,728.83 |
| 1.05 | VTS | VITESSE ENERGY INC | United States | BMBX3P7 | 18.30 | 642,121 | 11,750,814.30 |
| 1.03 | BDN | BRANDYWINE REALTY TRUST | United States | 2518954 | 2.98 | 3,880,891 | 11,565,055.18 |
| 1.02 | 517 HK | COSCO SHIPPING INTERNATIONAL | Hong Kong | 6806280 | 0.90 | 12,741,800 | 11,409,888.40 |
| 1.02 | MRP | MILLROSE PROPERTIES | United States | BRCFZ51 | 25.62 | 444,724 | 11,393,828.88 |
| 1.02 | DEA | EASTERLY GOVERNMENT PROPERTI | United States | BTTRRD6 | 22.33 | 510,233 | 11,393,502.89 |
| 1.01 | MVC SM | METROVACESA SA | Spain | BFWVPW2 | 12.10 | 937,280 | 11,341,692.75 |
| 1.01 | NINV KK | NATIONAL INVESTMENTS CO | United States | 6614717 | 0.77 | 14,551,795 | 11,269,224.28 |
| 1.00 | BBAJIOO MM | BANCO DEL BAJIO SA | Mexico | BYSX0F3 | 2.96 | 3,785,200 | 11,189,697.34 |
| 0.98 | GOOD | GLADSTONE COMMERCIAL CORP | United States | 2918479 | 11.43 | 961,123 | 10,985,635.89 |
| 0.97 | AFM CN | ALPHAMIN RESOURCES CORP | Canada | BTGWK02 | 0.90 | 12,108,243 | 10,843,073.22 |
| 0.97 | SIRI-R TB | SANSIRI PCL-NVDR | Thailand | 6363354 | 0.04 | 260,218,600 | 10,815,082.08 |
| 0.96 | RITM | RITHM CAPITAL CORP | United States | BRJ9GW0 | 9.31 | 1,156,536 | 10,767,350.16 |
| 0.96 | AHRT | AH REALTY TRUST INC | United States | B96FTB5 | 6.08 | 1,764,018 | 10,725,229.44 |
| 0.96 | LADR | LADDER CAPITAL CORP-REIT | United States | BJ367P1 | 9.16 | 1,170,901 | 10,725,453.16 |
| 0.96 | EFC | ELLINGTON FINANCIAL INC | United States | BJ7MB31 | 11.41 | 939,194 | 10,716,203.54 |
| 0.94 | TGMA3 BZ | TEGMA GESTAO LOGISTICA | Brazil | B1ZBDK5 | 6.64 | 1,586,100 | 10,527,529.23 |
| 0.94 | GRNT | GRANITE RIDGE RESOURCES INC | United States | BPJKCW1 | 5.73 | 1,824,574 | 10,454,809.02 |
| 0.93 | ABCB4 BZ | BANCO ABC BRASIL SA | Brazil | B23DMP8 | 4.09 | 2,558,900 | 10,453,727.85 |
| 0.93 | OTHER PAYABLE & RECEIVABLES | United States | 1.00 | 10,422,859 | 10,422,858.77 | ||
| 0.92 | BBRI IJ | BANK RAKYAT INDONESIA PERSER | Indonesia | 6709099 | 0.15 | 66,494,800 | 10,272,300.14 |
| 0.91 | HUMANSFT KK | HUMANSOFT HOLDING CO KSC | United States | B13BYX7 | 7.19 | 1,419,204 | 10,201,668.86 |
| 0.91 | BMRI IJ | BANK MANDIRI PERSERO TBK PT | Indonesia | 6651048 | 0.21 | 49,395,500 | 10,138,000.55 |
| 0.90 | 777 HK | NETDRAGON WEBSOFT HOLDINGS L | Hong Kong | B28SXZ5 | 0.96 | 10,545,800 | 10,095,405.13 |
| 0.89 | CMIG4 BZ | CIA ENERGETICA DE MINAS G | Brazil | B1YBRG0 | 1.86 | 5,392,000 | 10,005,332.74 |
| 0.89 | TAPG IJ | TRIPUTRA AGRO PERSADA PT | Indonesia | BNVTTV0 | 0.10 | 95,570,300 | 9,992,039.64 |
| 0.89 | 303 HK | VTECH HOLDINGS LTD | Hong Kong | 6928560 | 6.58 | 1,513,620 | 9,965,325.01 |
| 0.88 | MMT FP | M6-METROPOLE TELEVISION | United States | 5993901 | 11.21 | 880,722 | 9,870,787.52 |
| 0.87 | ADAM | ADAMAS TRUST INC | United States | BR4NQJ4 | 6.54 | 1,489,306 | 9,740,061.24 |
| 0.87 | ABUK EY | ABOU KIR FERTIL & CHEMICALS | Egypt | 6005474 | 1.57 | 6,174,928 | 9,706,766.28 |
| 0.87 | MBRF3 BZ | MBRF GLOBAL FOODS COMPANY SA | Brazil | BV8H6L2 | 2.88 | 3,372,800 | 9,701,651.60 |
| 0.86 | EREIT SP | ESR-REIT | Singapore | BVDJZ16 | 1.55 | 6,243,500 | 9,674,920.76 |
| 0.86 | GFNORTEO MM | GRUPO FINANCIERO BANORTE-O | Mexico | 2421041 | 11.12 | 868,000 | 9,650,728.27 |
| 0.86 | NLY | ANNALY CAPITAL MANAGEMENT IN | United States | BPMQ7X2 | 18.23 | 526,104 | 9,590,875.92 |
| 0.85 | BRSR6 BZ | BANCO DO ESTADO DO RIO GR | Brazil | B23F8S9 | 2.28 | 4,180,300 | 9,520,902.18 |
| 0.85 | SPK NZ | SPARK NEW ZEALAND LTD | United States | 6881436 | 1.12 | 8,458,644 | 9,460,557.56 |
| 0.85 | CURY3 BZ | CURY CONSTRUTORA E INCORPORA | Brazil | BK93J35 | 4.77 | 1,982,300 | 9,460,657.66 |
| 0.83 | AGNC | AGNC INVESTMENT CORP | United States | BYYHJL8 | 8.65 | 1,069,808 | 9,253,839.20 |
| 0.82 | DX | DYNEX CAPITAL INC | United States | BJN4K01 | 10.65 | 864,981 | 9,212,047.65 |
| 0.81 | BRAP4 BZ | BRADESPAR SA | Brazil | B01SCS4 | 3.37 | 2,681,300 | 9,026,848.17 |
| 0.80 | CHCT | COMMUNITY HEALTHCARE TRUST I | United States | BXC87C3 | 13.06 | 688,932 | 8,997,451.92 |
| 0.80 | TRTX | TPG RE FINANCE TRUST INC | United States | BF2F1Q0 | 6.50 | 1,373,374 | 8,926,931.00 |
| 0.79 | DOAS TI | DOGUS OTOMOTIV SERVIS VE TIC | Turkey | B03MRJ0 | 2.99 | 2,962,409 | 8,849,120.03 |
| 0.79 | GRND3 BZ | GRENDENE SA | Brazil | B03L0B0 | 0.66 | 13,396,200 | 8,787,873.63 |
| 0.78 | YNCCO AB | YANBU CEMENT CO | United States | B134K61 | 3.61 | 2,421,401 | 8,742,568.03 |
| 0.77 | GNL | GLOBAL NET LEASE INC | United States | BZCFW78 | 6.97 | 1,241,102 | 8,650,480.94 |
| 0.76 | APAM | ARTISAN PARTNERS ASSET MA -A | United States | B8FW545 | 36.58 | 231,360 | 8,463,148.80 |
| 0.75 | CML SJ | CORONATION FUND MANAGERS LTD | South Africa | 6622710 | 2.30 | 3,644,397 | 8,376,144.01 |
| 0.74 | AZZA3 BZ | AZZAS 2154 SA | Brazil | BRJPLM3 | 2.64 | 3,158,000 | 8,338,933.27 |
| 0.74 | VALE3 BZ | VALE SA | Brazil | 2196286 | 11.43 | 729,600 | 8,338,132.07 |
| 0.74 | ARR | ARMOUR RESIDENTIAL REIT INC | United States | BRJ8H91 | 12.45 | 668,012 | 8,316,749.40 |
| 0.73 | STWD | STARWOOD PROPERTY TRUST INC | United States | B3PQ520 | 12.20 | 672,680 | 8,206,696.00 |
| 0.73 | MFA | MFA FINANCIAL INC | United States | BMZM2X1 | 6.66 | 1,228,899 | 8,184,467.34 |
| 0.72 | ICAD FP | ICADE | United States | 4554406 | 16.39 | 495,039 | 8,112,313.32 |
| 0.70 | ALWN GA | ALLWYN AG | United States | 7107250 | 12.68 | 619,196 | 7,848,642.12 |
| 0.70 | WU | WESTERN UNION CO | United States | B1F76F9 | 6.16 | 1,266,087 | 7,799,095.92 |
| 0.69 | ORC | ORCHID ISLAND CAPITAL INC | United States | BMYSHK2 | 4.80 | 1,613,946 | 7,746,940.80 |
| 0.69 | 6808 HK | SUN ART RETAIL GROUP LTD | Hong Kong | B3MPN59 | 0.14 | 54,861,400 | 7,727,400.97 |
| 0.68 | EZTC3 BZ | EZ TEC EMPREENDIMENTOS E PAR | Brazil | B1YW5V4 | 1.65 | 4,625,800 | 7,637,426.50 |
| 0.66 | IVR | INVESCO MORTGAGE CAPITAL | United States | BNBV530 | 5.31 | 1,395,296 | 7,409,021.76 |
| 0.65 | BRSP | BRIGHTSPIRE CAPITAL INC | United States | BN7VBP8 | 3.42 | 2,112,731 | 7,225,540.02 |
| 0.64 | ISMEN TI | IS YATIRIM MENKUL DEGERLER A | Turkey | B1VYN42 | 0.50 | 14,268,650 | 7,204,671.97 |
| 0.64 | FBRT | FRANKLIN BSP REALTY TRUST IN | United States | BN14T59 | 6.01 | 1,195,186 | 7,183,067.86 |
| 0.64 | PMT | PENNYMAC MORTGAGE INVESTMENT | United States | B3V8JL7 | 7.47 | 957,742 | 7,154,332.74 |
| 0.64 | CIM | CHIMERA INVESTMENT CORP | United States | BN13RW9 | 8.30 | 863,234 | 7,164,842.20 |
| 0.61 | BXMT | BLACKSTONE MORTGAGE TRU-CL A | United States | B94QHZ0 | 11.00 | 622,021 | 6,842,231.00 |
| 0.61 | POMO4 BZ | MARCOPOLO SA | Brazil | 2599131 | 0.68 | 9,965,700 | 6,794,565.91 |
| 0.60 | GQG AU | GQG PARTNERS INC-CDI | Australia | BN469H4 | 0.68 | 9,875,155 | 6,704,039.91 |
| 0.54 | MWAZ6 Index | MSCI EM LATAM NTR DEC26 | United States | 77,620.00 | 78 | 6,054,360.00 | |
| 0.52 | RWT | REDWOOD TRUST INC | United States | 2730877 | 3.13 | 1,844,353 | 5,772,824.89 |
| 0.44 | 1114 HK | BRILLIANCE CHINA AUTOMOTIVE | Hong Kong | 6181482 | 0.21 | 22,738,500 | 4,883,891.43 |
| 0.43 | QFIN | QFIN HOLDINGS INC-ADR | United States | BFMV9Y2 | 5.17 | 928,834 | 4,802,071.78 |
| 0.30 | ABR | ARBOR REALTY TRUST INC | United States | B00N2S0 | 2.14 | 1,566,986 | 3,353,350.04 |
| 0.24 | ARI | APOLLO COMMERCIAL REAL ESTAT | United States | B4JTYX6 | 2.33 | 1,144,399 | 2,666,449.67 |
| 0.22 | CASH | United States | 1.00 | 2,453,346 | 2,453,346.10 | ||
| 0.21 | MFSZ6 Index | MSCI EAFE DEC26 | United States | 155,295.00 | 15 | 2,329,425.00 | |
| 0.02 | KUWAIT DINAR | United States | 3.21 | 70,823 | 227,581.39 | ||
| 0.01 | EGYPTIAN POUND | United States | 0.02 | 5,378,021 | 96,036.09 | ||
| 0.01 | SAUDI RIYAL | United States | 0.27 | 322,090 | 85,824.34 | ||
| 0.00 | EURO | United States | 1.12 | 19,524 | 21,794.62 | ||
| 0.00 | MAGN RM | MAGNITOGORSK IRON & STEEL WO | Russia | B5B1RP0 | 0.00 | 6,332,020 | 0.00 |
| 0.00 | UPRO RM | UNIPRO PJSC | Russia | B196FC2 | 0.00 | 209,143,887 | 0.00 |
| 0.00 | CHMF RM | SEVERSTAL PJSC | Russia | B5B9C59 | 0.00 | 312,897 | 0.01 |
| 0.00 | PHOR LI | PHOSAGRO PJSC-GDR REG S | United States | B62QPJ1 | 0.00 | 119 | 0.01 |
| 0.00 | THAILAND BAHT | United States | 0.03 | 103,788 | 3,081.13 | ||
| 0.00 | SOUTH AFRICAN RAND | United States | 0.06 | 85,045 | 5,090.24 | ||
| 0.00 | HONG KONG DOLLAR | United States | 0.17 | 0 | 0.01 | ||
| 0.00 | BRAZILIAN REAL | United States | 0.18 | -11,514 | -2,121.72 | ||
| 0.00 | UAE DIRHAM | United States | 0.27 | 16,035 | 4,365.74 | ||
| 0.00 | BRITISH STERLING POUND | United States | 1.25 | 0 | 0.05 | ||
| -0.00 | CANADIAN DOLLAR | United States | 0.72 | -15,160 | -10,860.67 |
| Sector | Weight (%) | |
|---|---|---|
| Financials | 32.0 | |
| Energy | 16.9 | |
| Real Estate | 15.8 | |
| Industrials | 8.2 | |
| Materials | 6.2 | |
| Consumer Discretionary | 6.0 | |
| Communication Services | 5.2 | |
| Consumer Staples | 4.4 | |
| Information Technology | 3.0 | |
| Health Care | 1.4 | |
| Utilities | 1.0 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 32.3 | |
| Brazil | 17.2 | |
| Norway | 6.1 | |
| Britain | 5.5 | |
| Bermuda | 4.7 | |
| Indonesia | 4.1 | |
| Kuwait | 3.4 | |
| Hong Kong | 2.9 | |
| Thailand | 2.8 | |
| Australia | 2.8 | |
| China | 2.7 | |
| Other/Cash | 15.5 |
Source: AltaVista Research, LLC
| Return on Equity | 11.30% | |
| Weighted Avg. Market Cap | 4,897 M | |
| 2025 | 2026 | |
| Price-to-earnings | 7.98 | 7.24 |
| Price-to-book value | 0.82 | 0.81 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.55 |
| MSCI EAFE | 0.54 |
| MSCI Emg. Mkts | 0.27 |
| Standard Deviation | 15.30% |
Source: AltaVista Research, LLC
TERMS OF USE
Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.
FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.