Credit
One of the largest teams dedicated to credit in the Brazilian market
Active management of portfolios composed of private credit securities in the local and international markets. Diversified products platform, with different levels of credit risk, liquidity, and potential returns, across different verticals: Local Credit, offshore, High Yield/Securitization, Infrastructure, Agro, ESG, and Special Situations.
Our Advantages
JGP’s credit funds follow a philosophy of fundamental analysis that has been enhanced and improved over the nine years of private bonds management history. Our team dedicated to credit funds is made up of +25 professionals distributed across different verticals of the credit segment, complementing each other, and contributing with different perspectives on markets, sectors, and companies, forming the foundation for our committees.
Our proprietary database allows the monitoring of technical variables in the credit market and the generation of insights for the management team. This database also supports the production of the fixed income index’s family – Idex.
We seek to build products that attract aligned investors to generate value in each credit strategy.
Investments in corporate and financial debt securities with low credit risk exclusively in the local market. Strategy complied with the Brazilian National Monetary Council’s (Conselho Monetário Nacional – CMN) Resolutions Nos. 4994 and 4963.
Saiba maisFund mostly invested in infrastructure debentures, as established by the Brazilian Federal Law No. 12431/2011, which provides income tax exemption for individuals. Portfolio’s positioning from a top-down perspective.
Saiba maisCombining impact and performance by investing in assets such as green debentures and green bonds. Part of the management fee goes to philanthropic projects.
Saiba maisFunds with different weightings to exposure to bonds issued in the offshore market (up to 80% of net exposure, with currency hedging), in addition to the allocation in private credit assets in the local market.
Saiba maisEstratégia de investimentos em ativos securitizados como FIDCS, CRAs e CRIs e em ativos com spreads de crédito mais elevados em relação aos instrumentos mais líquidos.
Saiba maisFixed-term investment funds focused on acquiring illiquid assets, such as lawsuits, corporate NPLs, DIP Financing, and court-order debt instruments.
Saiba maisListed funds and funds registered at CETIP designed for investing in the Agroindustrial Productive Chains.
Saiba maisFundos de
Investimentos
Fundo – Crédito
About the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, with local rating restrictions above BBB. The asset selection process and search for opportunities in the credit market follow a rigorous investment philosophy based on diligent governance in the analysis of the issuers’ fundamentals, through a agile decision-making process which aims to generate long-term alpha.
Fund complied with the Brazilian National Monetary Council’s (Conselho Monetário Nacional – CMN) Resolutions Nos. 4994 and 4963.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only). Fund complied with the Brazilian National Monetary Council’s (Conselho Monetário Nacional – CMN) Resolution No. 4994.
Anbima Category
Renda Fixa Duração Livre Crédito Livre
Anbima Code
391573
Start date:
19/12/2014
Administration fee:
0.75% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the following month. Payment on the first business day after the quotation.
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 0.75% p.a., being 0.60% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Arrojado
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor:
Deloitte Touche Tohmatsu Auditores Independentes
Foreign Investments
The Fund and the Master Fund mustn’t invest in financial assets traded abroad.
Bank Details
Account Holder: JGP CORPORATE FUNDO DE INVESTIMENTO EM COTAS DE FUNDOS DE INVESTIMENTO RENDA FIXA CRÉDITO PRIVADO LONGO PRAZO
Brazilian National Registry of Legal Entities Number (CNPJ): 20.824.446/0001-48
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1118-5
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, with local rating restrictions above BBB. The asset selection process and search for opportunities in the credit market follow a rigorous investment philosophy based on diligent governance in the analysis of the issuers’ fundamentals, through a agile decision-making process which aims to generate long-term alpha.
Fund complied with the Brazilian National Monetary Council’s (Conselho Monetário Nacional – CMN) Resolutions Nos. 4994 and 4963.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only). Fund complied with the Brazilian National Monetary Council’s (Conselho Monetário Nacional – CMN) Resolution No. 4994.
Anbima Category
Renda Fixa Duração Livre Crédito Livre
Anbima Code
391573
Start date
19/12/2014
Administration fee:
0.75% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the following month. Payment on the first business day after the quotation.
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 0.75% p.a., being 0.60% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Arrojado
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor:
Deloitte Touche Tohmatsu Auditores Independentes
Foreign Investments
The Fund and the Master Fund mustn’t invest in financial assets traded abroad.
Bank Details
Account Holder: JGP CORPORATE FUNDO DE INVESTIMENTO EM COTAS DE FUNDOS DE INVESTIMENTO RENDA FIXA CRÉDITO PRIVADO LONGO PRAZO
Brazilian National Registry of Legal Entities Number (CNPJ): 20.824.446/0001-48
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1118-5
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 80% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Professional Investors (Brazilian investors only).
Anbima Category
Multimercado Investimento no Exterior
Anbima Code
444456
Start date:
19/01/2017
Administration fee:
1.30% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
1.30% p.a., appropriated daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Gestor
JGP Gestão de Crédito Ltda
Administrator
BNY Mellon Serviços Financeiros DTVM S/A
Custodian
Banco BNY Mellon S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 80% of the fund’s NAV.
Bank Details
Account Holder: JGP SELECT PREMIUM FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR
Brazilian National Registry of Legal Entities Number (CNPJ): 26.525.450/0001-91
Bank Name: 17
Branch Number: 1
Account Number: 1927
Dígito Verificador: 5
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 40% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only).
Anbima Category
Multimercado Estratégia Específica
Anbima Code
393185
Start date:
24/04/2015
Administration fee:
1.00% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 1.00% p.a., being 0.85% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 40% of the fund’s NAV
Bank Details
Account Holder: JGP SELECT FIC DE FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 21.946.695/0001-79
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1263-7
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 10% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only).
Anbima Category
Multimercado Estratégia Específica
Anbima Code
425338
Start date:
30/06/2016
Administration fee:
0.90% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 0.90% p.a., being 0.75% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 10% of the fund’s NAV
Bank Details
Account Holder: JGP CORPORATE PLUS FIC FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 19.488.866/0001-11
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1659-4
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 80% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Professional Investors (Brazilian investors only).
Anbima Category
Multimercado Investimento no Exterior
Anbima Code
444456
Start date
19/01/2017
Administration fee:
1.30% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
1.30% p.a., appropriated daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Gestor
JGP Gestão de Crédito Ltda
Administrator
BNY Mellon Serviços Financeiros DTVM S/A
Custodian
Banco BNY Mellon S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 80% of the fund’s NAV.
Bank Details
Account Holder: JGP SELECT PREMIUM FUNDO DE INVESTIMENTO MULTIMERCADO CRÉDITO PRIVADO INVESTIMENTO NO EXTERIOR
Brazilian National Registry of Legal Entities Number (CNPJ): 26.525.450/0001-91
Bank Name: 17
Branch Number: 1
Account Number: 1927
Dígito Verificador: 5
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 40% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only).
Anbima Category
Multimercado Estratégia Específica
Anbima Code
393185
Start date
24/04/2015
Administration fee:
1.00% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 1.00% p.a., being 0.85% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 40% of the fund’s NAV
Bank Details
Account Holder: JGP SELECT FIC DE FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 21.946.695/0001-79
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1263-7
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund constituted by a diversified and liquid portfolio, composed of corporate and financial debt securities with low credit risk and reasonable liquidity in the local market, such as debentures, Banking Financial Notes (Letras Financeiras – LFs), Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), among others, and bonds issued abroad (limited to 10% of the fund’s NAV, with currency hedge).
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Investors in General (Brazilian investors only).
Anbima Category
Multimercado Estratégia Específica
Anbima Code
425338
Start date
30/06/2016
Administration fee:
0.90% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Quotation on the last business day of the following month provided the redemption has been requested by the 15th.
Otherwise, the quotation will happen on the last business day of the second following month. Payment on the first business day after the quotation.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 100.000,00
Subsequent Transactions: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial Application via plataforms: R$ 10.000,00
Administration Fee
Total of 0.90% p.a., being 0.75% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds 104% of the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 10% of the fund’s NAV
Bank Details
Account Holder: JGP CORPORATE PLUS FIC FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 19.488.866/0001-11
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 1659-4
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Retirement plan fund constituted by a diversified portfolio that combines low-risk, liquid credit securities in the local market, mostly indexed to the Consumer Price Index (IPCA), with Bonds issued in the international markets by Brazilian and/or Latin-American companies (limited to 20% of the fund’s NAV, with hedged foreign exchange exposure). Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. We control portfolio’s liquidity and its individual holdings’ percentage in a daily basis, allowing the Management Team to maintain agility and capture, through active management, not only the carry from holding securities but also opportunities from credit risk premium volatility, in both local and international secondary markets.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
BTG Pactual Vida e Previdência (Brazilian investors only).
Anbima Category
Previdência RF Duração Livre Crédito Livre
ANBIMA Code
679879
Start date:
02/03/2022
Administration fee:
1.10% a.a.
Performance Fee:
Não há
Benchmark:
Without
Performance
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Brazilian National Registry of Legal Entities Number (CNPJ)
44.643.217/0001-95
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 5.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 5.000,00
Cotização de Aplicações
D0
Cotização de Resgates
D+1
Financeiro de Resgates
D+2 da Cotização
Taxa de Administração
1,10 %
Taxa de Administração Máxima
None
Fixe Fee
Total of 1.10% p.a., being 0.95% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
None
Tax Classification
Long-Term
IOF (Financial Transaction Tax)
Incident on subscriptions redeemed before the 30th day
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Retirement Plan fund constituted by a diversified and liquid portfolio, composed of low-risk and liquid credit securities issued in the local market, such as debentures, Certificates of Deposit (Certificados de Depósito Bancário – CDBs), Banking Financial Notes (Letras Financeiras – LFs), Promissory Notes (Notas Promissórias) and Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs) shares, and in Bonds issued in the international markets by Brazilian and/or Latin-American companies (limited to 20% of the fund’s NAV, with hedged foreign exchange exposure). Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. We control portfolio’s liquidity and its individual holdings’ percentage in a daily basis, allowing the Management Team to maintain agility and capture, through active management, not only the carry from holding securities but also opportunities from credit risk premium volatility, in both local and international secondary markets.
Strategy available at the following insurance companies:
Bradesco, Icatu, Itaú, Safra, Santander e XP.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Exclusive to Pensioners (Brazilian investors only).
Anbima Category
Previdência Renda Fixa
ANBIMA Code
493619
Start date:
24/04/2019
Administration fee:
1.10% a.a.
Performance Fee:
0.00%
Benchmark:
Não há
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Redemptions shall be effected on the second business day after the applicable Conversion Date. The Conversion Date shall occur on the 5h day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 10.000,00
Subsequent Transactions: None
Minimum Balance: None
Administration Fee
Total de 1,10% a.a. (sendo 0,95% no FIC e 0,15% no Master), apropriada diariamente e paga mensalmente.
Performance Fee
None
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on subscriptions redeemed before the 30th day
Risk Profile
Aggressive
Investment Manager
JGP Gestão de Crédito Ltda.
Fund’s Administrator
BNY Mellon Serviços Financeiros DTVM S/A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 20% of the fund’s Net Equity
Bank Details
Account Holder: JGP CRÉDITO PREVIDENCIÁRIO ADVISORY XP SEGUROS FI EM COTAS FI RENDA FIXA CRÉDITO PRIVADO LONGO PRAZO
Brazilian National Registry of Legal Entities Number (CNPJ): 32.319.225/0001-00
Bank Name: 17
Branch Number: 1
Account Number: 3310
Dígito Verificador: 3
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Retirement plan fund constituted by a diversified portfolio that combines low-risk, liquid credit securities in the local market, mostly indexed to the Consumer Price Index (IPCA), with Bonds issued in the international markets by Brazilian and/or Latin-American companies (limited to 20% of the fund’s NAV, with hedged foreign exchange exposure). Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. We control portfolio’s liquidity and its individual holdings’ percentage in a daily basis, allowing the Management Team to maintain agility and capture, through active management, not only the carry from holding securities but also opportunities from credit risk premium volatility, in both local and international secondary markets.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
BTG Pactual Vida e Previdência (Brazilian investors only).
Anbima Category
Previdência RF Duração Livre Crédito Livre
ANBIMA Code
679879
Start date
02/03/2022
Administration fee:
1.10% a.a.
Performance Fee:
%
Benchmark:
Performance
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Brazilian National Registry of Legal Entities Number (CNPJ)
44.643.217/0001-95
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 5.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 5.000,00
Cotização de Aplicações
D0
Cotização de Resgates
D+1
Financeiro de Resgates
D+2 da Cotização
Taxa de Administração
1,10 %
Taxa de Administração Máxima
None
Fixe Fee
Total of 1.10% p.a., being 0.95% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
None
Tax Classification
Long-Term
IOF (Financial Transaction Tax)
Incident on subscriptions redeemed before the 30th day
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Retirement Plan fund constituted by a diversified and liquid portfolio, composed of low-risk and liquid credit securities issued in the local market, such as debentures, Certificates of Deposit (Certificados de Depósito Bancário – CDBs), Banking Financial Notes (Letras Financeiras – LFs), Promissory Notes (Notas Promissórias) and Credit Receivables Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs) shares, and in Bonds issued in the international markets by Brazilian and/or Latin-American companies (limited to 20% of the fund’s NAV, with hedged foreign exchange exposure). Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. We control portfolio’s liquidity and its individual holdings’ percentage in a daily basis, allowing the Management Team to maintain agility and capture, through active management, not only the carry from holding securities but also opportunities from credit risk premium volatility, in both local and international secondary markets.
Strategy available at the following insurance companies:
Bradesco, Icatu, Itaú, Safra, Santander e XP.
Objective
Outperform the benchmark CDI Index in the long term.
Target Public
Exclusive to Pensioners (Brazilian investors only).
Anbima Category
Previdência Renda Fixa
ANBIMA Code
493619
Start date
24/04/2019
Administration fee:
1.10% a.a.
Performance Fee:
0.00%
Benchmark:
Não há
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Redemptions shall be effected on the second business day after the applicable Conversion Date. The Conversion Date shall occur on the 5h day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 10.000,00
Subsequent Transactions: None
Minimum Balance: None
Administration Fee
Total de 1,10% a.a. (sendo 0,95% no FIC e 0,15% no Master), apropriada diariamente e paga mensalmente.
Performance Fee
None
Taxation
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on subscriptions redeemed before the 30th day
Risk Profile
Aggressive
Investment Manager
JGP Gestão de Crédito Ltda.
Fund’s Administrator
BNY Mellon Serviços Financeiros DTVM S/A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 20% of the fund’s Net Equity
Bank Details
Account Holder: JGP CRÉDITO PREVIDENCIÁRIO ADVISORY XP SEGUROS FI EM COTAS FI RENDA FIXA CRÉDITO PRIVADO LONGO PRAZO
Brazilian National Registry of Legal Entities Number (CNPJ): 32.319.225/0001-00
Bank Name: 17
Branch Number: 1
Account Number: 3310
Dígito Verificador: 3
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund invests in debentures regulated by the Brazilian Federal Law No. 12431/2011, which determines that investments in infrastructure projects made directly by individuals are exempt from income tax. The Fund’s portfolio is mainly composed of a diversified and liquid portfolio of infrastructure debentures, with a local rating above BBB, mainly in the electricity, highways, ports, and oil, and gas sectors. The Fund will seek to invest its resources mainly in credit assets indexed to the IPCA (Consumer Price Index).
Objective
Outperform the benchmark CDI Index in the long term.
Target Audience
Investors in General (Brazilian investors only)
ANBIMA Classification
Multimercado Estratégia Específica
ANBIMA Code
602957
Start date:
20/07/2021
Administration fee:
1.00% a.a.
Performance Fee:
20.00%
Benchmark:
IMA – Geral
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 30th day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 50.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 10.000,00
Initial Application via plataforms: R$ 1.000,00
Administration Fee
Total of 1.00% p.a., being 0.85% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds the IMA-Geral Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Exempt for Individuals
IOF:
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Moderately aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Broker-Dealer
JGP Gestão de Crédito Ltda
Custodian
BNY Mellon Banco S.A.
Auditor:
KPMG AUDITORES
Foreign Investments
The Fund and the Master Fund mustn’t invest in financial assets traded abroad.
Bank Details
Account Holder: JGP DEBÊNTURES INCENTIVADAS JUROS REAIS FI EM COTAS DE FI MULTIMERCADO CRÉDITO PRIVADO
Brazilian National Registry of Legal Entities Number (CNPJ): 41.594.333/0001-73
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 5062 – 8
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereNa aba de documentos estão disponíveis os arquivos referentes a Oferta Pública JGP ECOSSISTEMA FIC DE FUNDOS INCENTIVADOS DE INVESTIMENTO EM INFRA RF CP RESPONSABILIDADE LIMITADA
Start date:
05/02/2024
Administration fee:
Não há
Performance Fee:
Não há
Benchmark:
Without
Performance
Documentos da Oferta – Comunicado ao Mercado
Documentos da Oferta – Lâmina
Documentos da Oferta – Prospecto Preliminar
About the fund
Fund invests in debentures regulated by the Brazilian Federal Law No. 12431/2011, which determines that investments in infrastructure projects made directly by individuals are exempt from income tax. The Fund’s portfolio is mainly composed of a diversified and liquid portfolio of infrastructure debentures, with a local rating above BBB, mainly in the electricity, highways, ports, and oil, and gas sectors. The Fund will seek to invest its resources mainly in credit assets indexed to the IPCA (Consumer Price Index).
Objective
Outperform the benchmark CDI Index in the long term.
Target Audience
Investors in General (Brazilian investors only)
ANBIMA Classification
Multimercado Estratégia Específica
ANBIMA Code
602957
Start date
20/07/2021
Administration fee:
1.00% a.a.
Performance Fee:
20.00%
Benchmark:
IMA – Geral
Performance
Subscriptions
The fund is open for new investments. Quotation on D+0
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 30th day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions:
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 50.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 10.000,00
Initial Application via plataforms: R$ 1.000,00
Administration Fee
Total of 1.00% p.a., being 0.85% administration fee for the Feeder Fund in addition to 0.15% of the Master Fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds the IMA-Geral Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxation
Exempt for Individuals
IOF:
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Moderately aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Broker-Dealer
JGP Gestão de Crédito Ltda
Custodian
BNY Mellon Banco S.A.
Auditor:
KPMG AUDITORES
Foreign Investments
The Fund and the Master Fund mustn’t invest in financial assets traded abroad.
Bank Details
Account Holder: JGP DEBÊNTURES INCENTIVADAS JUROS REAIS FI EM COTAS DE FI MULTIMERCADO CRÉDITO PRIVADO
Brazilian National Registry of Legal Entities Number (CNPJ): 41.594.333/0001-73
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 5062 – 8
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereNa aba de documentos estão disponíveis os arquivos referentes a Oferta Pública JGP ECOSSISTEMA FIC DE FUNDOS INCENTIVADOS DE INVESTIMENTO EM INFRA RF CP RESPONSABILIDADE LIMITADA
Start date
05/02/2024
Administration fee:
% a.a.
Performance Fee:
%
Benchmark:
Performance
About the fund
The Fund consists of a diversified portfolio comprised of corporate and financial debt securities with credit risk in the local market and bonds issued abroad. The fund seeks to finance projects with clear positive externalities, essentially investing in securities specifically intended to be used in climate and social environmental projects. Its portfolio will be a composition of green debentures, SDG-linked bonds, positions in debt of companies classified as Best in Class – top quartile of their respective sector, Green Bonds in the international market and structured debt (primarily using proprietary origination).
These restrictions are related to stricter standards of carbon and water footprints, corporate governance, and social inclusion. Moreover, we intend to engage in the process of integrating ESG for companies that intend to evolve their activities towards more sustainable business and practices.
Objective
Superar o benchmark (CDI) no longo prazo.
Target Public
Qualified Investors
Anbima Category
Multimercado Estratégia Específica
Anbima Code
559806
Start date:
03/11/2020
Administration fee:
0.75% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
Daily, at the closing NAV per share calculated as of the date the proceeds are made available to the fund
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 180th day after the applicable redemption request has been received by the Administrator. Every investment is subject to a 1 year grace period.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial: R$ 100.000,00
Subsequent: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial via investment platforms: R$ 10.000,00
Management Fee
Total of 0.75% p.a., being 0.60% administration fee of the feeder fund in addition to 0.15% of the Master fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Tax Classification
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 40% of the fund’s NAV
Bank Details
Account Holder: JGP CREDITO ESG FIC FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 38.281.372/0001-06
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 4640-0
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
The Fund consists of a diversified portfolio comprised of corporate and financial debt securities with credit risk in the local market and bonds issued abroad. The fund seeks to finance projects with clear positive externalities, essentially investing in securities specifically intended to be used in climate and social environmental projects. Its portfolio will be a composition of green debentures, SDG-linked bonds, positions in debt of companies classified as Best in Class – top quartile of their respective sector, Green Bonds in the international market and structured debt (primarily using proprietary origination).
These restrictions are related to stricter standards of carbon and water footprints, corporate governance, and social inclusion. Moreover, we intend to engage in the process of integrating ESG for companies that intend to evolve their activities towards more sustainable business and practices.
Objective
Superar o benchmark (CDI) no longo prazo.
Target Public
Qualified Investors
Anbima Category
Multimercado Estratégia Específica
Anbima Code
559806
Start date
03/11/2020
Administration fee:
0.75% a.a.
Performance Fee:
20.00%
Benchmark:
CDI
Performance
Subscriptions
Daily, at the closing NAV per share calculated as of the date the proceeds are made available to the fund
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 180th day after the applicable redemption request has been received by the Administrator. Every investment is subject to a 1 year grace period.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial: R$ 100.000,00
Subsequent: R$ 50.000,00
Minimum Balance: R$ 100.000,00
Initial via investment platforms: R$ 10.000,00
Management Fee
Total of 0.75% p.a., being 0.60% administration fee of the feeder fund in addition to 0.15% of the Master fund, applied daily and paid monthly.
Performance Fee
20% of what exceeds the CDI Index. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Tax Classification
Long-Term (Income Tax Regressive Table)
IOF (Financial Transaction Tax)
Incident on applications redeemed (quoted) before the 30th day
Risk Profile
Aggressive
Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Auditor
KPMG Auditores Independentes
Foreign Investments
Up to 40% of the fund’s NAV
Bank Details
Account Holder: JGP CREDITO ESG FIC FIM CP
Brazilian National Registry of Legal Entities Number (CNPJ): 38.281.372/0001-06
Bank Name: BNY Mellon Banco (17)
Branch Number: 1
Account Number: 4640-0
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout Fiagro
(Investment Funds in Agro-Industrial Production Chains):
Funds constituted in the format of a closed condominium to invest in credit securities issued by companies operating in the Brazilian agribusiness chain.
The funds have a monthly income distribution policy, which is exempt for individual investors, as defined by the Brazilian Federal Law No. 14130.
Start date:
29/11/2021
Administration fee:
1.13% a.a.
Performance Fee:
Não há
Benchmark:
Without
Performance
About Fiagro
(Investment Funds in Agro-Industrial Production Chains):
Funds constituted in the format of a closed condominium to invest in credit securities issued by companies operating in the Brazilian agribusiness chain.
The funds have a monthly income distribution policy, which is exempt for individual investors, as defined by the Brazilian Federal Law No. 14130.
Start date
29/11/2021
Administration fee:
1.13% a.a.
Performance Fee:
%
Benchmark:
Performance
About the fund
Fund’s portfolio is a combination of four subverticals of the credit segment: High Yield, Securitization, and, to a lesser extent, Special Situations and Offshore. Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. The Investment strategy seeks to combine macro and microeconomic views to exploit convexity events in the private credit market. Fund’s portfolio consists of low-liquidity assets such as Credit rights Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), debentures, bonds, and other distressed assets, representing our highest conviction thesis.
Objective
to seek long-term capital appreciation with low volatility
Target Public
Investidores qualificados
Anbima Category
Multimercado Estratégia Específica
ANBIMA Code
657001
Start date:
01/03/2021
Administration fee:
2.00% a.a.
Performance Fee:
2.20%
Benchmark:
Without
Performance
Subscriptions
The fund is currently closed for subscriptions
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 365h day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 10.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 5.000,00
Investment Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Brazilian National Registry of Legal Entities Number (CNPJ):
45..683.300/0001-50
Cotização de Aplicações
Cotização de Resgates
Financeiro de Resgates
Fixed Fee
2,00% p.a., appropriated daily and paid monthly.
Taxa de Administração Máxima
2,0%
Performance Fee
220% of what exceeds the CDI Index p.a., earned on each share acquisition. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxa de Saída
Não há
Tax Classification
Long-Term
IOF (Financial Transaction Tax):
Incident on applications redeemed before the 30th (thirtieth) day.
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereAbout the fund
Fund’s portfolio is a combination of four subverticals of the credit segment: High Yield, Securitization, and, to a lesser extent, Special Situations and Offshore. Credit selection process follows an investment philosophy based on diligent governance, sectoral fundamental, operational, and financial analysis, as well as cash flow tests and ESG aspects. The Investment strategy seeks to combine macro and microeconomic views to exploit convexity events in the private credit market. Fund’s portfolio consists of low-liquidity assets such as Credit rights Investment Funds (Fundo de Investimento em Direitos Creditórios – FIDCs), debentures, bonds, and other distressed assets, representing our highest conviction thesis.
Objective
to seek long-term capital appreciation with low volatility
Target Public
Investidores qualificados
Anbima Category
Multimercado Estratégia Específica
ANBIMA Code
657001
Start date
01/03/2021
Administration fee:
2.00% a.a.
Performance Fee:
2.20%
Benchmark:
Performance
Subscriptions
The fund is currently closed for subscriptions
Redemptions
Redemptions shall be effected on the first business day after the applicable Conversion Date. The Conversion Date shall occur on the 365h day after the applicable redemption request has been received by the Administrator.
Time Limit for Subscriptions/Redemptions
Until 2PM (Brasilia Time)
Transaction Limits
Initial Application: R$ 10.000,00
Subsequent Transactions: R$ 1.000,00
Minimum Balance: R$ 5.000,00
Investment Manager
JGP Gestão de Crédito Ltda.
Administrator
BNY Mellon Serviços Financeiros DTVM S.A.
Custodian
BNY Mellon Banco S.A.
Brazilian National Registry of Legal Entities Number (CNPJ):
45..683.300/0001-50
Cotização de Aplicações
Cotização de Resgates
Financeiro de Resgates
Fixed Fee
2,00% p.a., appropriated daily and paid monthly.
Taxa de Administração Máxima
2,0%
Performance Fee
220% of what exceeds the CDI Index p.a., earned on each share acquisition. High-Water Mark. Paid annually or upon redemption, whichever comes first.
Taxa de Saída
Não há
Tax Classification
Long-Term
IOF (Financial Transaction Tax):
Incident on applications redeemed before the 30th (thirtieth) day.
Informações Complementares
Download hereRelatório Comercial
Download hereRegulamento
Download hereSee also
Idex
A JGP é desenvolvedora do IDEX, índice referência para o mercado de crédito no Brasil
