Fixed rate financial applications with daily liquidity guaranteed by the papers that make up the portfolio.
Banco Gerdau establishes the composition of the portfolio in a systematic manner, striving for profitability and security. The available fund is Prisma.
Product Policy Minimum value for application is R$ 10,000.00, with minimum movement of R$ 2,000.00 for redemptions or new applications.
Terms Investment funds feature daily liquidity.
Yield Daily yield is proportional to yield of papers that make up the fund portfolio.
Advantages for the client • Earnings are close to CDI and above inflation.
• Tradition and trustworthiness of the fund administrator – Banco Gerdau.
• Monthly statements with information on profitability and portfolio composition.
Taxes
Income Tax Yield will be taxed on the last business day of the months of May and November at a rate of 20%. In case of redemption prior to these semester cutoff points, yield will be taxed at the following rates:
I – 22.5% on applications of up to 180 days;
II – 20% on applications of over 180 days.
Financial Transactions Tax (IOF) Tax of 1% per day on the
value of the redemption and limited to the yield, which varies between 96% and 0% according to the term.
Above 29 days, IOF is 0%.
11/27/07
7.9025045
for
day : 0.0835700
for month: 0.6785200
for year: 10.7378864
