Caution is the watchword adopted in October by Genial Investimentos, which is expecting volatility in the period due to the election, the increase in interest rates in developed economies and global conflicts.
Faced with the uncertainty scenario, the investment house changed its two recommended portfolios for the tenth month of this year.
In the selection with an income strategy, the funds Vinci Shopping Centers (VISC11), Mauá Capital Recebíveis Imobiliários (MCCI11) and CSHG Recebíveis Imobiliários (HGCR11) exited, in addition to the entry of FII Kinea Rendimentos Imobiliários (KNCR11).
In a report, Isabela Suleiman, FIIs analyst at Genial, clarified that KNCR11 was added to the portfolio to take advantage of the moment of high interest rates, since the fund’s portfolio is focused on CRIs indexed to the CDI.
Suleiman also said that he continues to like the assets that were removed, but that he opted for the exchange due to the announcement of new issuances of quotas.
In the value strategy portfolio, the FII Malls Brasil Plural (MALL11) was removed due to the announcement of its fourth issue of quotas. In addition, the selection was balanced with the increase in weight in Plural Receivables (PLCR11), More Real Estate FoF (MORE11), RBR Log (RBRL11) and Pátria Logística (PATL11).
income portfolio
| Background | ticker | Segment | Return with dividends (12m) |
|---|---|---|---|
| CSHG Real Estate | HGRE11 | Commercial Slabs | 7.70% |
| Bresco Logística | BRCO11 | logistics | 7.10% |
| Guardian Logistics | GALG11 | Logistics | 10.20% |
| Kinea Real Estate Income | KNCR11 | receivables | 11.30% |
| CSHG Urban Income | HGRU11 | City Income | 7.70% |
portfolio value
| Background | ticker | Segment | Return with dividends (12m) |
|---|---|---|---|
| CSHG Real Estate | HGRE11 | Commercial Slabs | 7.70% |
| Flagship Securities | CPTS11 | Real estate receivables | 14.10% |
| Plural Real Estate Receivables | PLCR11 | Real estate receivables | 15.30% |
| Homeland Logistics | PATL11 | Logistics | 8.30% |
| RBR Log | RBRL11 | Logistics | 9.00% |
| More Real Estate FoF | MORE11 | fund of funds | 11.30% |
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Source: Moneytimes
I am a journalist with over 6 years of experience working in the news industry. I currently work as an author for Global Happenings, and my coverage focuses on Technology news. I have written for various publications, including Reuters, The New York Times and The Guardian.
