| NAV | $24.17 | Daily Change | $0.01 | 0.04% |
| Market Price | $24.29 | Daily Change | $0.06 | 0.25% |
Investing in equities from around the globe can help diversify both geographic and interest rate exposure.
SDIV has made monthly distributions 14 years running.
SDIV accesses 100 of the highest dividend paying equities around the world, potentially increasing a portfolio's yield.
| Inception Date | 06/08/11 |
| Total Expense Ratio | 0.58% |
| Net Assets | $1.07 billion |
| NAV | $24.17 |
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.
| 30-Day SEC Yield | 8.00% |
| 12-Month Trailing Yield | 9.56% |
| Distribution Yield | 9.56% |
| Distribution Frequency | Monthly |
| NAV | $24.17 | Daily Change | $0.01 | 0.04% |
| Market Price | $24.29 | Daily Change | $0.06 | 0.25% |
|
Cumulative Returns (as of 11/28/25)
|
1 Month | 6 Months | YTD | 12 Months | 24 Months | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|
| Return SDIV | 2.24% | 17.98% | 27.06% | 24.41% | 41.55% | 11.37% | 06/08/11 |
|
Returns (as of 12/24/25)
|
Return SDIV | Return Index |
|---|---|---|
| Since Inception | 12.29% | 9.34% |
| 12 Months | 28.13% | 28.02% |
| 24 Months | 33.04% | 33.67% |
| Last 60 Trading Days | 3.62% | 3.82% |
| Last 75 Trading Days | 4.00% | 4.18% |
|
Monthly Returns (through 12/24/25)
|
Return SDIV | Return Index |
|---|---|---|
| Dec 2025 | 0.84% | 0.90% |
| Nov 2025 | 2.24% | 2.37% |
| Oct 2025 | 0.50% | 0.51% |
| Sep 2025 | 0.35% | 0.17% |
| Aug 2025 | 4.55% | 4.57% |
| Jul 2025 | 3.95% | 3.92% |
| Jun 2025 | 5.29% | 5.98% |
| May 2025 | 4.13% | 3.54% |
| Apr 2025 | 0.76% | 0.79% |
| Mar 2025 | -0.34% | -0.25% |
| Feb 2025 | 0.86% | 0.77% |
| Jan 2025 | 2.10% | 1.90% |
| Dec 2024 | -3.09% | -3.03% |
| Nov 2024 | -1.75% | -0.92% |
| Oct 2024 | -5.17% | -5.10% |
| Sep 2024 | 5.24% | 5.37% |
| Aug 2024 | 4.66% | 4.74% |
| Jul 2024 | 1.80% | 1.64% |
| Jun 2024 | -2.26% | -2.51% |
| May 2024 | 5.29% | 4.88% |
| Apr 2024 | 0.50% | 0.56% |
| Mar 2024 | 3.30% | 3.47% |
| Feb 2024 | -0.24% | -0.50% |
| Jan 2024 | -3.78% | -3.56% |
| Dec 2023 | 7.29% | 7.36% |
Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.
| Net Assets (%) | Ticker | Name | Country | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|---|
| 1.65 | KEN IT | KENON HOLDINGS LTD | Israel | BV8WW64 | 63.96 | 279,202 | 17,857,873.96 |
| 1.54 | CXSE3 BZ | CAIXA SEGURIDADE PARTICIPACO | Brazil | BMDWWN3 | 2.99 | 5,593,400 | 16,700,637.07 |
| 1.48 | WU | WESTERN UNION CO | United States | B1F76F9 | 9.40 | 1,701,713 | 15,996,102.20 |
| 1.46 | BBDC4 BZ | BANCO BRADESCO SA | Brazil | B00FM53 | 3.32 | 4,752,300 | 15,794,503.50 |
| 1.45 | DLTI IT | DELTA ISRAEL BRANDS LTD | Israel | BN6J313 | 35.39 | 443,442 | 15,695,341.10 |
| 1.36 | AKRBP NO | AKER BP ASA | United States | B1L95G3 | 25.03 | 586,705 | 14,683,317.32 |
| 1.34 | TW/ LN | TAYLOR WIMPEY PLC | United Kingdom | 0878230 | 1.41 | 10,342,023 | 14,563,179.90 |
| 1.33 | JBSS32 BZ | JBS NV | Brazil | BSJQ811 | 14.56 | 991,838 | 14,439,763.88 |
| 1.33 | SESG FP | SES | United States | B00ZQQ2 | 6.55 | 2,196,607 | 14,396,897.77 |
| 1.31 | 14 HK | HYSAN DEVELOPMENT CO | Hong Kong | 6449629 | 2.41 | 5,894,100 | 14,183,277.79 |
| 1.30 | PK | PARK HOTELS & RESORTS INC | United States | BYVMVV0 | 10.84 | 1,303,977 | 14,135,110.68 |
| 1.30 | AMBP | ARDAGH METAL PACKAGING SA | United States | BMWT6B1 | 4.06 | 3,466,642 | 14,074,566.52 |
| 1.28 | GRT SJ | GROWTHPOINT PROPERTIES LTD | South Africa | BBGB5W0 | 1.02 | 13,579,598 | 13,911,503.00 |
| 1.28 | PHNX LN | PHOENIX GROUP HOLDINGS PLC | United Kingdom | BGXQNP2 | 9.84 | 1,408,431 | 13,859,251.73 |
| 1.25 | DIRR3 BZ | DIRECIONAL ENGENHARIA SA | Brazil | B59VLC7 | 2.53 | 5,352,000 | 13,563,072.48 |
| 1.25 | DNO NO | DNO ASA | United States | B15GGN4 | 1.54 | 8,772,001 | 13,507,125.61 |
| 1.22 | RDF SJ | REDEFINE PROPERTIES LTD | South Africa | BMP3858 | 0.35 | 37,565,152 | 13,225,817.50 |
| 1.21 | LGEN LN | LEGAL & GENERAL GROUP PLC | United Kingdom | 0560399 | 3.48 | 3,759,920 | 13,092,909.59 |
| 1.20 | MBRF3 BZ | MBRF GLOBAL FOODS COMPANY SA | Brazil | BV8H6L2 | 3.61 | 3,612,300 | 13,056,152.27 |
| 1.20 | CJ CN | CARDINAL ENERGY LTD | Canada | BH8B735 | 6.39 | 2,033,396 | 12,996,703.21 |
| 1.20 | MNG LN | M&G PLC | United Kingdom | BKFB1C6 | 3.83 | 3,382,648 | 12,971,698.66 |
| 1.20 | 3360 HK | FAR EAST HORIZON LTD | Hong Kong | B63DLB5 | 1.06 | 12,264,000 | 12,940,870.66 |
| 1.19 | 10 HK | HANG LUNG GROUP LTD | Hong Kong | 6408352 | 1.96 | 6,576,544 | 12,871,953.04 |
| 1.19 | VULC3 BZ | VULCABRAS SA | Brazil | B1XFXM1 | 3.62 | 3,553,429 | 12,849,789.76 |
| 1.18 | ABDN LN | ABERDEEN GROUP PLC | United Kingdom | BF8Q6K6 | 2.75 | 4,627,156 | 12,737,757.39 |
| 1.16 | LADR | LADDER CAPITAL CORP-REIT | United States | BJ367P1 | 11.33 | 1,105,816 | 12,528,895.28 |
| 1.16 | AHH | ARMADA HOFFLER PROPERTIES IN | United States | B96FTB5 | 6.61 | 1,893,164 | 12,513,814.04 |
| 1.15 | PXT CN | PAREX RESOURCES INC | Canada | B575D14 | 13.26 | 940,664 | 12,472,398.17 |
| 1.15 | SIRI-R TB | SANSIRI PCL-NVDR | Thailand | 6363354 | 0.04 | 286,229,100 | 12,436,732.70 |
| 1.15 | 683 HK | KERRY PROPERTIES LTD | Hong Kong | 6486314 | 2.70 | 4,599,600 | 12,429,591.69 |
| 1.14 | VALE3 BZ | VALE SA | Brazil | 2196286 | 13.21 | 936,700 | 12,371,461.55 |
| 1.13 | BBAJIOO MM | BANCO DEL BAJIO SA | Mexico | BYSX0F3 | 2.62 | 4,674,200 | 12,227,302.76 |
| 1.11 | TFSL | TFS FINANCIAL CORP | United States | B1W8J67 | 13.99 | 859,106 | 12,018,892.94 |
| 1.11 | 8 HK | PCCW LTD | Hong Kong | 6574071 | 0.76 | 15,814,300 | 11,986,234.51 |
| 1.09 | GRP ID | GREENCOAT RENEWABLES PLC | United States | BF2NR11 | 0.81 | 14,550,943 | 11,824,740.51 |
| 1.09 | ALX | ALEXANDER'S INC | United States | 2014021 | 218.16 | 54,226 | 11,829,944.16 |
| 1.09 | MMT FP | M6-METROPOLE TELEVISION | United States | 5993901 | 14.11 | 837,153 | 11,811,717.32 |
| 1.09 | ITH LN | ITHACA ENERGY PLC | United Kingdom | BPJHV58 | 2.18 | 5,411,613 | 11,783,286.04 |
| 1.09 | BLMN | BLOOMIN' BRANDS INC | United States | B847RJ0 | 6.79 | 1,734,726 | 11,778,789.54 |
| 1.08 | NAT | NORDIC AMERICAN TANKERS LTD | United States | 2113876 | 3.43 | 3,424,809 | 11,747,094.87 |
| 1.07 | DEA | EASTERLY GOVERNMENT PROPERTI | United States | BTTRRD6 | 21.31 | 543,963 | 11,591,851.53 |
| 1.07 | MMS AU | MCMILLAN SHAKESPEARE LTD | Australia | B00G1Q0 | 11.33 | 1,021,480 | 11,572,415.10 |
| 1.05 | 3618 HK | CHONGQING RURAL COMMERCIAL-H | Hong Kong | B4Q1Y57 | 0.79 | 14,362,000 | 11,365,997.09 |
| 1.04 | OPAP GA | OPAP SA | United States | 7107250 | 21.81 | 514,884 | 11,230,569.18 |
| 1.01 | GNL | GLOBAL NET LEASE INC | United States | BZCFW78 | 8.56 | 1,282,316 | 10,976,624.96 |
| 1.01 | EXX SJ | EXXARO RESOURCES LTD | South Africa | 6418801 | 10.65 | 1,028,722 | 10,955,758.18 |
| 1.00 | ADAM | ADAMAS TRUST INC | United States | BR4NQJ4 | 7.29 | 1,493,604 | 10,888,373.16 |
| 0.99 | BRAP4 BZ | BRADESPAR SA | Brazil | B01SCS4 | 3.70 | 2,892,800 | 10,706,429.80 |
| 0.98 | EREIT SP | ESR-REIT | Singapore | BVDJZ16 | 2.10 | 5,061,900 | 10,648,743.62 |
| 0.98 | TGA SJ | THUNGELA RESOURCES LTD | South Africa | BM9HB13 | 5.75 | 1,843,755 | 10,600,830.97 |
| 0.98 | ODPV3 BZ | ODONTOPREV S.A. | Brazil | B1H6R62 | 2.01 | 5,277,000 | 10,599,275.68 |
| 0.96 | KIO SJ | KUMBA IRON ORE LTD | South Africa | B1G4262 | 20.86 | 498,809 | 10,405,504.29 |
| 0.96 | 303 HK | VTECH HOLDINGS LTD | Hong Kong | 6928560 | 8.07 | 1,286,500 | 10,379,939.78 |
| 0.95 | WAWI NO | WALLENIUS WILHELMSEN ASA | United States | B55WMQ5 | 9.91 | 1,034,310 | 10,248,679.77 |
| 0.94 | ASHM LN | ASHMORE GROUP PLC | United Kingdom | B132NW2 | 2.35 | 4,350,577 | 10,236,928.31 |
| 0.92 | NLY | ANNALY CAPITAL MANAGEMENT IN | United States | BPMQ7X2 | 23.14 | 432,673 | 10,012,053.22 |
| 0.90 | 1908 HK | C&D INTERNATIONAL INVESTMENT | Hong Kong | BZBY9R5 | 2.00 | 4,886,832 | 9,797,434.41 |
| 0.90 | EFC | ELLINGTON FINANCIAL INC | United States | BJ7MB31 | 13.84 | 707,142 | 9,786,845.28 |
| 0.89 | HBR LN | HARBOUR ENERGY PLC | United Kingdom | BMBVGQ3 | 2.65 | 3,656,544 | 9,675,644.23 |
| 0.89 | 6808 HK | SUN ART RETAIL GROUP LTD | Hong Kong | B3MPN59 | 0.23 | 42,393,800 | 9,655,907.92 |
| 0.88 | AGNC | AGNC INVESTMENT CORP | United States | BYYHJL8 | 10.85 | 880,710 | 9,555,703.50 |
| 0.88 | ICAD FP | ICADE | United States | 4554406 | 25.25 | 378,556 | 9,558,864.47 |
| 0.86 | TRTX | TPG RE FINANCE TRUST INC | United States | BF2F1Q0 | 8.79 | 1,058,238 | 9,301,912.02 |
| 0.86 | VAR NO | VAR ENERGI ASA | United States | BPLF0Y2 | 3.16 | 2,932,478 | 9,268,358.07 |
| 0.85 | CMIG4 BZ | CIA ENERGETICA DE MINAS G | Brazil | B1YBRG0 | 2.01 | 4,583,000 | 9,205,321.29 |
| 0.85 | DX | DYNEX CAPITAL INC | United States | BJN4K01 | 13.88 | 661,135 | 9,176,553.80 |
| 0.84 | ARI | APOLLO COMMERCIAL REAL ESTAT | United States | B4JTYX6 | 9.96 | 909,470 | 9,058,321.20 |
| 0.83 | BRSP | BRIGHTSPIRE CAPITAL INC | United States | BN7VBP8 | 5.85 | 1,538,627 | 9,000,967.95 |
| 0.83 | FLNG | FLEX LNG LTD | United States | BH3T3L4 | 24.52 | 367,041 | 8,999,845.32 |
| 0.83 | BXMT | BLACKSTONE MORTGAGE TRU-CL A | United States | B94QHZ0 | 19.81 | 451,810 | 8,950,356.10 |
| 0.82 | SPK NZ | SPARK NEW ZEALAND LTD | United States | 6881436 | 1.31 | 6,801,483 | 8,927,184.50 |
| 0.80 | 9979 HK | GREENTOWN MANAGEMENT HOLDING | Hong Kong | BKWGV13 | 0.37 | 23,536,800 | 8,722,829.97 |
| 0.80 | BBSE3 BZ | BB SEGURIDADE PARTICIPACOES | Brazil | B9N3SQ0 | 6.46 | 1,333,600 | 8,616,459.16 |
| 0.79 | ENOG LN | ENERGEAN PLC | United Kingdom | BG12Y04 | 11.83 | 727,240 | 8,605,111.77 |
| 0.79 | STWD | STARWOOD PROPERTY TRUST INC | United States | B3PQ520 | 18.54 | 464,155 | 8,605,433.70 |
| 0.79 | CIM | CHIMERA INVESTMENT CORP | United States | BN13RW9 | 12.88 | 665,726 | 8,574,550.88 |
| 0.79 | IVR | INVESCO MORTGAGE CAPITAL | United States | BNBV530 | 8.26 | 1,033,710 | 8,538,444.60 |
| 0.78 | RITM | RITHM CAPITAL CORP | United States | BRJ9GW0 | 11.16 | 757,862 | 8,457,739.92 |
| 0.77 | MFA | MFA FINANCIAL INC | United States | BMZM2X1 | 9.71 | 862,521 | 8,375,078.91 |
| 0.77 | PMT | PENNYMAC MORTGAGE INVESTMENT | United States | B3V8JL7 | 12.53 | 667,093 | 8,358,675.29 |
| 0.77 | ARR | ARMOUR RESIDENTIAL REIT INC | United States | BRJ8H91 | 17.53 | 475,336 | 8,332,640.08 |
| 0.74 | 1516 HK | SUNAC SERVICES HOLDINGS LTD | Hong Kong | BLN9QR9 | 0.18 | 44,072,300 | 7,996,543.99 |
| 0.74 | RWT | REDWOOD TRUST INC | United States | 2730877 | 5.53 | 1,439,758 | 7,961,861.74 |
| 0.72 | PETR4 BZ | PETROLEO BRASILEIRO SA - | Brazil | 2684532 | 5.49 | 1,427,100 | 7,838,900.16 |
| 0.72 | IIPR | INNOVATIVE INDUSTRIAL PROPER | United States | BD0NN55 | 50.88 | 152,202 | 7,744,037.76 |
| 0.71 | ORC | ORCHID ISLAND CAPITAL INC | United States | BMYSHK2 | 7.32 | 1,047,401 | 7,666,975.32 |
| 0.70 | ITMG IJ | INDO TAMBANGRAYA MEGAH TBK P | Indonesia | B29SK75 | 1.31 | 5,814,900 | 7,635,201.43 |
| 0.70 | GMRE | GLOBAL MEDICAL REIT INC | United States | BW0WPK4 | 33.45 | 226,657 | 7,581,676.65 |
| 0.70 | OTHER PAYABLE & RECEIVABLES | United States | 1.00 | 7,533,349 | 7,533,349.13 | ||
| 0.70 | A3M SM | ATRESMEDIA CORP DE MEDIOS DE | Spain | B07VZ99 | 5.76 | 1,306,839 | 7,526,314.02 |
| 0.70 | SFL | SFL CORP LTD | United States | BJXT857 | 7.79 | 965,800 | 7,523,582.00 |
| 0.70 | TWO | TWO HARBORS INVESTMENT CORP | United States | BP9S504 | 10.87 | 692,311 | 7,525,420.57 |
| 0.69 | AP-U CN | ALLIED PROPERTIES REAL ESTAT | Canada | 2387701 | 9.64 | 778,241 | 7,504,069.97 |
| 0.69 | ADRO IJ | ALAMTRI RESOURCES INDONESIA TBK | Indonesia | B3BQFC4 | 0.11 | 66,475,600 | 7,498,590.51 |
| 0.69 | PTBA IJ | BUKIT ASAM TBK PT | Indonesia | 6565127 | 0.14 | 54,946,900 | 7,477,107.25 |
| 0.67 | FBRT | FRANKLIN BSP REALTY TRUST IN | United States | BN14T59 | 10.45 | 694,836 | 7,261,036.20 |
| 0.65 | KREF | KKR REAL ESTATE FINANCE TRUS | United States | BF0YMC2 | 8.52 | 826,942 | 7,045,545.84 |
| 0.57 | TTRAK TI | TURK TRAKTOR VE ZIRAAT MAKIN | Turkey | B03MYM2 | 12.35 | 502,413 | 6,204,436.19 |
| 0.50 | BDN | BRANDYWINE REALTY TRUST | United States | 2518954 | 2.88 | 1,868,273 | 5,380,626.24 |
| 0.49 | ABR | ARBOR REALTY TRUST INC | United States | B00N2S0 | 7.97 | 662,595 | 5,280,882.15 |
| 0.38 | MFSH6 INDEX | MSCI EAFE MAR26 | United States | 146,120.00 | 28 | 4,091,360.00 | |
| 0.29 | RC | READY CAPITAL CORP | United States | BDFS3G6 | 2.24 | 1,421,917 | 3,185,094.08 |
| 0.17 | CASH | United States | 1.00 | 1,853,684 | 1,853,683.69 | ||
| 0.16 | FAH6 Index | S&P MID 400 EMINI MAR26 | United States | 339,460.00 | 5 | 1,697,300.00 | |
| 0.12 | BRAZILIAN REAL | United States | 0.18 | 6,989,351 | 1,262,470.24 | ||
| 0.00 | HONG KONG DOLLAR | United States | 0.00 | 0 | 0.00 | ||
| 0.00 | ISRAELI SHEKEL | United States | 0.00 | -0 | 0.00 | ||
| 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 | SOUTH AFRICAN RAND | United States | 0.06 | 85,045 | 5,100.94 | ||
| 0.00 | UAE DIRHAM | United States | 0.27 | 16,035 | 4,365.86 | ||
| 0.00 | SINGAPORE DOLLAR | United States | 0.78 | 3,716 | 2,895.26 | ||
| 0.00 | CANADIAN DOLLAR | United States | 1.00 | 0 | 0.01 | ||
| -0.00 | EURO | United States | 1.18 | -6,978 | -8,218.38 | ||
| -0.04 | BRITISH STERLING POUND | United States | 1.35 | -330,668 | -446,648.98 |
| Sector | Weight (%) | |
|---|---|---|
| Financials | 28.6 | |
| Energy | 21.6 | |
| Real Estate | 13.2 | |
| Materials | 11.4 | |
| Consumer Discretionary | 9.0 | |
| Industrials | 4.7 | |
| Consumer Staples | 3.5 | |
| Communication Services | 3.0 | |
| Utilities | 2.6 | |
| Information Technology | 2.4 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 26.3 | |
| Brazil | 15.4 | |
| Hong Kong | 12.0 | |
| Britain | 10.1 | |
| South Africa | 5.4 | |
| Bermuda | 5.3 | |
| Norway | 4.4 | |
| Canada | 3.2 | |
| Singapore | 2.6 | |
| Luxembourg | 2.6 | |
| Israel | 2.3 | |
| Other/Cash | 10.4 |
Source: AltaVista Research, LLC
| Return on Equity | 10.20% | |
| Weighted Avg. Market Cap | 3,799 M | |
| 2024 | 2025 | |
| Price-to-earnings | 7.19 | 7.47 |
| Price-to-book value | 0.77 | 0.75 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.73 |
| MSCI EAFE | 0.75 |
| MSCI Emg. Mkts | 0.73 |
| 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.