JMBI11 - JiveMauá BossaNova Infra
monthly report
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Monthly Report April 2026
objective
JMBI11 is the Private Credit Fund in the tax-exempt version of Jive BossaNova, focused on incentivized debentures and monthly income distribution. As is done in Jive BossaNova, JMBI11 features proprietary origination and structuring operations, which brings lower correlation with the macro market and lower price volatility of the portfolio's credits.
In JMBI11 we invest in mid-market companies (Middle Market), which have limited access to the capital markets and have good projects that need financing.
JiveMauá has experience with credit assets in the infrastructure sector, having invested in more than 16 operations that exceeded R$ 500 million in disbursements between 2022 and 2024.
As an infrastructure fund, JMBI11 has full income tax exemption on distributions and capital gains for individual investors. It is easy to invest as shares are traded on B3.
target audience
General investors.
characteristics
Fund
JiveMauá BossaNova FIC FI-Infra
Ticker
JMBI11
Manager
Jive High Yield Gestão de Recursos Ltda.
Administrator
XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.
Custodian
Oliveira Trust Distribuidora de Títulos e Valores Mobiliários S.A
Distributor
Not applicable
Class
Single
ANBIMA Classification
Fixed Income Free Duration Free Credit
Benchmark
100% of IMA-B index variation
Start date
24/05/2024
Condominium
Closed-end fund
Minimum investment
No
Application quota
To be defined at the time of any future quota offerings.
Redemption payment
Not applicable
Quota conversion for redemption
Not applicable
Redemption lock-up
Not applicable
Redemption barriers
No
Administration fee
1.25% per year
Performance fee
20% of the return exceeding 100% of the IMA-B
Maximum custody fee
0.045% p.a. on net assets, with a monthly minimum of R$ 4,250.00; such amount(s) to be deducted from the Administration Fee.
Management fee
Minimum: 1.20% p.a. on net assets. Maximum: 1.25% p.a. on net assets. The maximum fee considers the respective fees set forth in the regulations of the share classes invested by the Class, while the indicated minimum fee does not.
Entry fee or exit fee
Not applicable
Distribution fee
Not applicable. The distribution fee will be disclosed in the documentation of any future offerings, when applicable.
Registrar fee (Administrator)
R$ 2,000.00 per month, in addition to the Administration Fee.
Net asset value and average net asset value over the last 12 months
See the updated fact sheet in the monthly report.
Allows spin-off of illiquid portion
Not applicable
Allows subscription and redemption in assets
No
initial offering characteristics
Offer
Ordinary Procedure (CVM Resolution No. 160)
Issuance
1st (first) Issuance of Quotas
Target audience of the offer
General Investors
Lead coordinator
XP Investimentos Corretora de Câmbio, Título e Valores Imobiliários S.A
Legal advisors
Stocche Forbes Advogados e Mattos Filho Advogados
Quota distribution regime
Best Efforts Placement
Subscription price
R$ 100.00 (including unit distribution cost)
Allocation criteria
First-Come, First-Served (Non-Institutional Offering)
Initial quantity of quotas
3,500,000
Minimum quantity of quotas
800,000
Initial offer amount
Initial Amount of up to R$ 350,000,000.00
Minimum offer amount
R$ 80,000,000.00
Minimum investment per investor
R$ 1,000.00 including costs (10 quotas)
Offer settlement
The offering settlement will be carried out through B3
Admission and trading of quotas
Exchange - B3
Lock-up (trading restriction period)
90 days
see also
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