Funds

DYC FIA

Investment Objectives

The objective of the FUND is the appreciation of its shares in the long term, through asset allocation in a diversified portfolio of equity investments. The main risk is the variation in the price of the stocks that are negotiated in the stock exchange or in organized over the counter markets. These operations are subject to legal and bylaw limitations.

Investment Policy

The FUND adopts exclusively, as an investment philosophy for managing stocks, an analysis based on fundamentals, seeking, through an active attitude towards the companies, consistent medium and long term results.

Prospective Clients

The FUND is restricted to a group of qualified investors, including fund of funds.

Risk Profile

The ADMINISTRATOR’S risk assessment is present throughout the whole decision-making process. The risk of a particular asset is not determined numerically, through the precise definition of the variance of return around the average. It is incorporated throughout the fundamental analysis process. In regards to measuring portfolio risk, the method used is mainly bottom-up, emphasizing the risk of each asset. Additionally, the ADMINISTRATOR also considers issues like the diversification of subjacent sectors and its implications on the portfolio’s concentration. Notwithstanding the ADMINISTRATOR’S diligence of applying the previous investment policy and risk assessment measures, the fund’s investments will, naturally, be susceptible to market fluctuations and credit risks. For that reason, a partial or full loss of the invested capital is a possibility, as well as the fund presenting a negative net worth. In that last case, the shareholders will be responsible for additional capital contributions.

Technical Information

Minimum investment: R$ 300.000,00

Minimum Additional Investment and Redemption: R$ 20.000,00

Investment NAV: The subscription will be converted using the NAV of the next business day following the date of the investment (T+1).

Redemption Conditions: The withdrawal will be converted using the share value of the thirtieth business day following the “Withdrawal request” (T+30), or, if the thirtieth day was a non-business day, it will be converted on the next business day following the thirtieth day. The financial settlement of the withdrawal will occur 3 business days after the conversion (T+3).

Management Fee: 1,60% per year

Performance Fee: 20 % of what exceeds IPCA + IMAB*
(please refer to the by-laws for a more detailed explanation).

Adjustment of Performance Fee: It will be charged upon redemption an adjustment of performance, provided that the conditions of the specific fund rules.

Income Tax: 15% of the nominal gain for Brazilian taxed investors and 10% for foreign investors incorporated in a non-tax heavens.

Auditor: KPMG Auditores Independentes

Administrator: Dynamo Administração de Recursos Ltda

Manager: Dynamo Administração de Recursos Ltda

Inception date 29/12/2008

Documents (only in Portuguese)

Regulamento

Política de Voto

Manual de Precificação Bradesco

Demonstração de Desempenho (Anexo IV-Item 3)

Formulário de Informações Complementares