The investor is recommended to read the prospectus and fund regulations carefully before investing resources. The published return is not net of tax. This document was prepared by Perfin Administradora de Recursos Ltda and is merely of an informative nature. Information, opinions, estimates and forecasts contained in this document were obtained or based on sources we deem to be reliable. Investors should be prepared to accept and assume the risks of the market in which the Fund operates and, consequently, possible variation in the invested assets. Perfin shall be held harmless for consequent gains or losses as a result of the use of this information. This investment fund uses strategies with derivatives as an integral part of its investment policy. The manner in which these strategies are adopted may result in significant losses in fund value for unit holders including losses in excess of the capital invested and in the consequent obligation of the unit holder to invest additional resources. Past returns do not represent a guarantee of future results; the investments in funds are not guaranteed by the fund manager or through any insurance mechanism or additionally, by the fund credit guarantor. Pursuant to Law 9,613/98, on the investment date, each unit holder shall supply copies of their identification documents among other registration documents.