Management Reports

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SPX is an asset manager authorized by the Brazilian Securities and Exchange Commission – CVM and constituted pursuant to CVM Resolution 21/21 and adheres to the Code of Administration of Third-Parties Resources issued by ANBIMA. SPX does not sell or distribute shares of investment funds or any other financial asset. The information contained in this website is merely for informative purposes and do not constitute any type of investment advice, nor should it be used for this intent.

The information contained on this website does not constitutes a solicitation, advertising or promotional material, offer, or recommendation for the purchase or sale of shares in investment funds, or any other type of security. This report is not intended for anyone who is legally prohibited to access the information contained therein, and said information must not be used in any way contrary to any law in any jurisdiction. SPX, its partners, and employees shall not be responsible for investment decisions that may be taken based on the information disclosed in this website, in addition to any damages arising directly or indirectly from the use of said information.

TO ASSESS THE PERFORMANCE OF AN INVESTMENT FUND, AN ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS IS RECOMMENDED. INVESTMENT FUNDS ARE NOT GUARANTEED BY THE ADMINISTRATOR, MANAGER, ANY INSURANCE MECHANISM, OR THE CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS THAT EXCEED THE TOTAL INVESTED CAPITAL. PAST PROFITABILITY DOES NOT GUARANTEE FUTURE PROFITABILITY. READ THE PROSPECTUS AND REGULATIONS PRIOR TO MAKING ANY INVESTMENT. PURSUANT TO THE REGULATIONS OF THE BRAZILIAN FINANCIAL AND CAPITAL MARKETS ENTITIES ASSOCIATION (THE “ANBIMA”), AN ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS IS RECOMMENDED WHEN EVALUATING INVESTMENT FUNDS PERFORMANCE.

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