Investment balance for the month of August.

Valor Econômico published the investment balance for the month of August.

The Ibovespa increased by almost 6.6% in August, and the month of September indicates positive signs for strategies linked to real interest rates.

Renan Rego, our Partner and CIO, commented that the short-term increase in the Selic could bring rate of IPCA-pegged securities to around 5%, bringing capital gains to investors. The stock market could also benefit, but Renan recommends maintaining a neutral equity portfolio.

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