{"id":3735,"date":"2020-03-20T13:40:54","date_gmt":"2020-03-20T16:40:54","guid":{"rendered":"https:\/\/rbrasset.resultate.site\/?p=3735"},"modified":"2025-08-27T18:46:37","modified_gmt":"2025-08-27T21:46:37","slug":"o-momento-do-mercado-de-fiis","status":"publish","type":"post","link":"https:\/\/novorbrasset.resultate.site\/en\/blog\/o-momento-do-mercado-de-fiis\/","title":{"rendered":"For the Moment, the Market is in a Sief"},"content":{"rendered":"<h2><b>The Time Is Now (20\/03\/2020)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">We wrote this text in in the morning, 20\/3. Since the market is very volatile, it is important to establish the context of the time in the market, the Sief:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">IFIX go on up to 7.5% on the day, falling to 20% in the month, and by 25% in a year (IFIX = Index Funds, real Estate, consisting of about 80% for the funding of the \u201cbrick\u201d\/real property, and 20% of the funds from the Wallace\/fixed income securities backed by real estate);<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RBRR11, our funds from the Wallace High Grade, composed of stocks with a low risk of the loan, up to 6% on the day, falling to 23% for the month, and by 25% in a year;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RBRP11 our fund in \u201cbrick,\u201d which to purchase real estate directly or through a Sief, up 7% on the day, falling by 16% in the month, and 23% for the year;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RBRF11 our background multiestrat\u00e9gia\/FoF, about 9% on the day, falling to 20% in the month, and 30% for the year; and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The volatility has never been so high, and it clearly showed movement is based on the panic and not rationally.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The vision of the RBR is that the numbers above do not match up with the grounds of the estate in our portfolio and, in general, of the real estate investment funds, which are part of the IFIX. Has been established on the market in a great fear, as a result of fear and uncertainty, with the advance of the virus and its impact on the economy in the short to medium term. The fear of a credit crunch\/recession, in our view, may increase the negative effect on the market.<\/span><\/p>\n<h2><b>Our Approach<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">These days, we have been working on a lot more than that in a normal day, via the Home Office, and with the use of the platforms of digital media.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Revalidamos thesis investment, and deepen the analysis of the risk of all of our assets. We're very comfortable with our portfolio. The decision of the management in these last few days have been based on some assumptions.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Set out a clear strategy for the management to take advantage of the opportunity, however, by increasing the risk of a hurry;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Discipline in the implementation of the strategy; and<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The focus, as always, on the grounds of the estate, with a time horizon of 12 to 36 months.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the current prices of the funds, we've identified a number of opportunities for investment, with a return of 20% and 25% of a. a. in the time horizon of 3 years. We find the returns to be expected similar to the one we put in, in 2015\/2016, with the number of funds being traded below the cost of a replacement. We are responsible, there's no hurry, purchase the Sief for the notification of the RBRF11 and RBRP11.<\/span><\/p>\n<h2><b>Full<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">More specifically, on each and every one of our funds, we have adopted the following strategies:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The RBRF11, we've got 30% in Fixed Income securities (Sief Certificates and Certificates directly. We are slowly selling out on a fixed income, and buying Sief \u201cbrick\u201d in all sectors, with the main focus in the back of the slab defined by the company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The RBRP11, we have approximately$ 200 million in the box and it will be to buy a Sief is listed, it will be nice for the background in a couple of months ago. With the depreciation of the stock, and the brick and indirect (via Sief) was not attractive, and the fund will take advantage of this moment in time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Many of the funds in Certificates that are listed are discounted between 10% and 20% of your Net worth. It's like if you buy a bill of$ 100 for$ 80. Don't expect any default, so full of the mortgage loan (RBRR11 and RBRY11).<\/span><\/li>\n<\/ul>\n<h2><b>Job Closing: Open<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">We strongly recommend that investors do not make sudden changes in your portfolio. This is the time to care, increasing exposures to a few, and with discipline and strategy. The funds of the RBR, as well as a large part of the market that are pretty cheap when you examined the reasons for it. We are convinced that our active management will prove to be of great success over the next few months (12 to 36 months).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We are at your disposal-more than ever before, to meet with the investors. Count us in! Our contact methods:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RBR \u2013 011 40839144 or <\/span><a href=\"mailto:ri@novorbrasset.resultate.site\"><span style=\"font-weight: 400;\">ri@novorbrasset.resultate.site<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bruno Franciulli, partner in charge of Investor Relations \u2013 011 999313303<\/span><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>We wrote this text in in the morning, 20\/3. Since the market is very volatile, it is important to establish the context of the time in the market, the Sief:<\/p>","protected":false},"author":1,"featured_media":137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-3735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artigos"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/posts\/3735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/comments?post=3735"}],"version-history":[{"count":0,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/posts\/3735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/media\/137"}],"wp:attachment":[{"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/media?parent=3735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/categories?post=3735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novorbrasset.resultate.site\/en\/wp-json\/wp\/v2\/tags?post=3735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}