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December 2023

Faster than expected, slower than needed

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São Paulo

Av. Brigadeiro Faria Lima, 3311
10th Floor – Itaim Bibi
São Paulo – SP, Brazil
+55 11 3014 6868

Rio de Janeiro

Av. Borges de Medeiros, 633
Suite 706 – Leblon
Rio de Janeiro – RJ, Brazil
+55 21 3205 9180

Switzerland

Blegi 3
6343 Rotkreuz – Zug
Switzerland
+41 41 792 72 80

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Investment funds are not guaranteed by the fund administrator, the portfolio manager, any insurance mechanism, or the Credit Guarantee Fund (FGC). Past performance is not indicative of future results. Investors are advised to carefully read the prospectus and regulations of the investment fund before investing their resources.