RIO DE JANEIRO, BRAZIL - The "High Duration - Investment Grade" fixed income funds led the ranking of January's best fixed income investments, with a yield of 1.15%.
These funds aim to seek returns with a weighted average duration of the portfolio equal to or higher than determined by the IMA-Geral (an index representing a public debt portfolio). At least 80% of net assets are allocated in federal government bonds or low-risk assets in the domestic or foreign markets.
The worst fixed income investment was the Tesouro IPCA+ 2045, which fell 11.71% in the period.
The bond . . .
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