In 2023, it is not an easy task to overcome the high level that the CDI month-to-month delivery, as there are times to Selic is parked at 13.75% per year.
However, good investments fixed income still easily pay the CDI profit and rival the earnings of variable income.
In this way, if the investor looks for strategies to make money with mark to market and want to expose yourself far beyond the Direct Treasury, the Turbo Fixed Income shorten the path.
even though the Selic is about to fallit is very likely that the basic rate will end 2023 well above two digits, according to Marina Renosto, head of allocation at Blackbird Investimentos.
“We cannot completely ignore post-fixed titles, so the private credit that pays much more in fixed income. Because, the sharp drop in rates seen in the Treasury Direct it still hasn’t reached CDBs, CRAs, CRIs, debentures, among others”, he adds.
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Fixed income allocation
According to analysts, when the subject is fixed incomewe need to look at what the macro scenario suggests.
In this way, the investor will realize that the economy speaks and issues such as drop in interest and inflationary risk up front affect the return risk of bonds.
So, the Investment Guide also agrees with an allocation of fixed income with greater weight in CDI (80%), with the remainder in IPCA+ (15%) and prefixed (5%).
Investment | indexer | Weight (%) |
---|---|---|
Treasury Selic 2026 (Direct Treasury) | CDI | 60 |
Debentures (DEBB11) | CDI | 10 |
CBD (Paraná Bank) | CDI | 5 |
CBD (Pan Bank) | CDI | 5 |
Treasury IPCA+ 2035 (Direct Treasury) | IPCA+ | 10 |
LCA (BTG Pactual) | IPCA+ | 5 |
Prefixed Treasury 2029 (Direct Treasury) | prefixes | 3 |
CBD (BMG Bank) | prefixes | 1 |
CBD (Daycoval) | prefixes | 1 |
Total | 100 |
Therefore, Guide Investimentos’ fixed income allocation seeks to balance risk and return with a view to beating the CDI in the long term.
So, in the table below, the investor sees the rates of return for each fixed-income security consulted last Friday (2); check out:
Investment | Profitability rates | Maturity | Credit note |
---|---|---|---|
Treasury Selic 2026 | SELIC + 0.0774% | 3 years | sovereign title |
ETF (DEBB11) | BRL 11.13 | does not win | – |
Paraná Bank | 111% of CDI | 2 years | Stable AA+ (S&P) |
PAN Bank | 104.5% of the CDI | 2 years | Stable AAA (S&P) |
Treasury IPCA+ 2035 | IPCA + 5.46% | 12 years | sovereign title |
BTG Pactual | IPCA + 4.41% exempt from income tax | 2 years | Aaa (Moody’s) |
Prefixed Treasury 2029 | 11.23% per year | 6 years | sovereign title |
BMG Bank | 12.60% per year | 2 years | A3 (Moody’s) |
Daycoval | 11.63% per year | 2 years | Stable AA+ (S&P) |
Source: Moneytimes
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