Entering Brazil made easy

As per CVM resolution 21 published on 25/02/2021, non-listed funds intended for Brazilian retail investors can only invest 20% of their portfolio in financial assets abroad. Alternatively, if a fund is marketed to qualified investors only, it can allocate between 40% to 67% of its portfolio to offshore products. Therefore, there are no possibilities to give Brazilian investors 100% exposure to the offshore market via non-listed funds. Oryx products close this gap for Brazilian investors while providing exchange listed products based on your ETFs, that are easy to trade on Brazil's major stock exchanges.

One of the key reasons behind the surge in demand for ETFs recently is the significantly high costs of non-listed investment products. On average, Brazilian investment funds have a management fee of 3% and performance fee of 30%, with the added burden of long-term capital lock-up periods. On the other hand, ETFs have an average fee of 0.50% to 1%, and being an exchange-traded product, it offers high liquidity with no effective capital lock-up. Choose Oryx ETFs to enjoy the benefits of low-cost, high-liquidity investment products.

Since January 2020, the Brazilian Real has devaluated significantly against the US dollar, with an approximate decline of 40% in its value. In the midst of this high volatility and economic instability, the demand for funds with dollar exposure and alternative assets has continued to grow in Brazil. One of the benefits of investing in ETFs with assets denominated in foreign currencies, such as dollars or euros, is the potential for currency exposure to serve as a hedging tool for investors' portfolios.