Oryx Capital, Brazilian asset manager specialized in international investment solutions, will launch its firstExchange Traded Fund(ETF) on B3. Expected to start trading on September 27 under the code DBOA11, the fund will be focused on fixed income, with investment in convertible debentures issued by companies in the North American market
"The launch of this ETF marks the beginning of a series of innovative products that Oryx Capital plans to bring to the Brazilian market", with the aim of providing the end consumer access to the best investments available in the North American and European markets, says Verônica Pimentel, CEO and co-founder of Oryx Capital
The fund named Oryx Convertible Debentures USA ETF will track the Bloomberg US Convertible Liquid Bond index – ETF Tracker will feature 274 companies that offer growth potential and are active in various sectors, like finances, health and transportation, in order to provide diversification and convertibility of bonds into shares in case ofdefault.
"Because it is a fixed income ETF", the DBOA11 fits into the exception of the new taxation law on come-cotas, therefore it is exempt from the charge scheduled for November, what provides the individual investor a window of opportunity to achieve higher returns on their investments, explain the executive
The DBOA11 visa will provide exposure to the U.S. convertible bond market, with an issuance value starting at US$ 350 million and a nominal value in circulation of at least US$ 250 million, what does high liquidity represent. With this background, the asset manager seeks to combine the security of fixed income with the return of variable income
Open to individual investors, the DBOA11 will have an initial investment starting at R$ 100, with an administration fee of 0,7% per year and liquidity of two business days for redemption. The ETF dividends will be automatically reinvested in the fund, what will enable the accumulation of capital and the expansion of long-term investment
In the last five years, the assets in the portfolio achieved an average annual return of 14,3%, that was linked to the stability of the dollar and the appreciation of the assets themselves. In the last ten years, the real depreciated by more than 130% against the dollar. Approximately R$ 2,30 in 2013, the dollar exchange rate reached the level of R$ 5,59 in 2024.
"In light of the stability of the dollar", it is essential to consider the diversification of investments through assets linked to the North American market. This strategy is effective for protecting the portfolio against volatility and the devaluation of the real, in order to mitigate risks and preserve the value of the investor's assets, finishes Verônica
