The investment policy consists of identifying price distortions in different assets across various markets, as well as anticipating movements that are forming, with the aim of consistently outperforming the CDI variation, always adjusted to the risks inherent to the operations it performs, allocating its resources in accordance with its investment policy, as stated in Article 5.2 of the Regulation and applicable regulations.
Professional investors¹
The resources may be allocated in: distressed assets, including portfolios and single-name defaulted credits, distressed real estate assets, legal claims, receivables, court-ordered debts (precatórios), and pre-court-ordered debts (pré-precatórios), as described in the Fund’s regulation.
The funds will be exclusively allocated to the following vehicle assets:
Jive Distressed FIM CP
20.468.380/0001-09
Jive Investments Gestão de Recursos e Consultoria S.A
MAF Dist. de Tít. e VM S.A
MAF Dist. de Tít. e VM S.A
MAF Dist. de Tít. e VM S.A
6 years, counted from the date of the Fund's first subscription, extendable for up to two periods of 1 (one) year each.
FIC FIM
Level 1 as "Multi-asset", Level 2 as 9/49 "Allocation", and Level 3 as "Dynamic"
R$ 1,000,000
08/2015
20% p.a. (net for the investor)
Closed-end fund
n/a
n/a
n/a
2% per year on the Net Asset Value (NAV)
20% of the return exceeding 100% of the CDI
R$ 500MM
See the updated fact sheet in the monthly report.
1. CVM Resolution No. 30/2021 defines qualified investors as: (i) professional investors, as defined by the same Resolution; (ii) individuals or legal entities with financial investments exceeding R$ 1 million who also certify in writing their status as a qualified investor through a specific term, in accordance with Annex B of this Resolution; (iii) individuals who have passed technical qualification exams or hold certifications approved by the CVM as requirements for the registration of independent investment agents, portfolio managers, securities analysts, and securities consultants, regarding their own resources; and (iv) investment clubs, provided that their portfolio is managed by one or more members who are qualified investors.
1. Content prepared by Jive Investments Gestão de Recursos e Consultoria S.A., along with its affiliated entities (collectively “JiveMauá”), is for informational purposes only and should not be construed as securities analysis, promotional material, a solicitation to buy or sell, a proposal, offer, or recommendation of any financial asset or investment, or as a suggestion for allocation or adoption of an investment strategy by the recipients.
2. Investors are advised to carefully read fact sheets, prospectuses, and/or regulations before allocating their resources. It is the investor’s responsibility to be informed of potential risks prior to making investment decisions.
3. Past performance does not guarantee future returns, and investment funds are not guaranteed by the administrator, custodian, coordinators, manager, related parties, any insurance mechanism, or the Credit Guarantee Fund (FGC). Total loss of net equity and, consequently, the invested capital may occur.
4. The fund’s objectives and investment policy do not, under any circumstances, represent a guarantee from the fund, the administrator, or the manager regarding the safety, profitability, or liquidity of the securities in the fund’s portfolio.
Past performance does not guarantee future returns, and investment funds are not guaranteed by the administering institution, the manager, any insurance mechanism, or by the Credit Guarantee Fund (FGC).
