Perfin Foresight - Perfin Investimentos

Perfin Foresight
Monthly Report - October 2012
Perfin Foresight focus on absolute return, the fund has long term investments in stocks listed in Bovespa without liquidity constraints or market
cap. Managers and analysts uses fundamental analysis to compose the portfolio.
PERFORMANCE (in Local Currency)
2009
2010
2011
2012
Jan
Feb
Mar
Apr
May
2,41%
-1,92%
-5,06%
7,96%
0,55%
3,00%
-2,17%
5,13%
-3,49%
4,97%
3,42%
5,12%
33,88%
-0,39%
3,21%
1,60%
19,48%
-7,11%
-2,09%
-4,05%
Jun
-1,40%
7,09%
6,04%
-1,33%
2,08%
Jul
-10,55%
15,04%
12,08%
-6,60%
3,49%
Aug
-6,65%
5,38%
3,92%
-2,89%
3,88%
Set
-27,83%
6,59%
5,57%
-3,68%
4,32%
Oct
-21,72%
3,33%
7,15%
4,22%
1,53%
Nov
11,12%
8,49%
1,52%
-3,01%
Dec
Year
Acumm.
15,42% -38,20% -38,20%
7,28% 164,52% 63,47%
2,71% 42,96% 133,70%
1,28% -14,33% 100,21%
35,21% 170,70%
Performance gross of income and capital gain taxes
Market Exposure
% of AUM
% of AUM
Small Caps
Middle Caps
Large Caps
Liquidity (days)
0%
19%
81%
97%*
Cash
Equity Book
1,4%
98,6%
*% AUM turned into Cash in less than 30 days.
22,9%
16,5%
11,3%
7,9%
6,1%
5,8%
5,0%
2,4%
0,0%
0,0%
0,0%
77,7%
BPS
134
95
20
-13
-77
-12
-13
0
32
9
6
181 bps
**Delta Adjusted
Performance Attribution
Equity Exposure
Money Market
Index Options
Costs
Total
IGPM+6%
-3,56%
-1,94%
-20,63%
-22,29%
1,03%
13,85%
28,95%
68,49%
% AUM**
77,7%
1,4%
79,1%
BPS
181
2
-1
-29
153 bps
Risk X Return
Consolidated Beta
Daily Volatility
Annualized Historical Volatility
Annualized Volatility*
Value at Risk (% AUM) - 1 Day
Positive Months
Best Month
Worst Month
0,78
1,69%
26,77%
13,89%
1,49%
36 of 53
33,88%
-27,83%
* Annualized 6 month volatility
Portfolio Distribution (% do AUM)
Largest Holding
Five Largest Holdings
16,5%
49,7%
AUM
R$
Fund
Strategy
12 Month Averrage
226.024.602
234.793.988
181.480.263
**Delta Adjusted
GENERAL INFORMATION
Classification :
Portfolio Manager:
Administrator:
Custodian:
Auditor:
Fund´s Inception:
Investment Proc.:
Listed:
Subscription:
Redemption :
Ibov
1,53%
33,59%
19,16%
170,70%
* Inception on 21/05/2008
% AUM**
Exposure by Sector
Consumer
Biofuels
Toll Roads
Banks
Real Estate
Telecom - Wireless
Water and Energy Utilities
Financials
Healthcare
Food and Beverage
Mining
Total
Fund
Yeild
Month
Last 12 Months
Last 24 Months
Since Inception*
Brazil Equity Fund
Perfin Administração de Recursos LTDA
BTG Pactual Serviços Financeiros S.A. DTVM
Banco BTG Pactual S.A.
Ernst & Young Auditores Independentes
May 21st, 2008
In accordance to the act 2.689 of the Brazilian Central Bank
No
Daily
Monthly
Minimum Subscription:
Additional Subscrp.:
Minimum Balance:
Subscription NAV:
Redemption NAV:
Redemption Payment:
Management Fee:
Performance Fee:
NAV Periodicity:
NAV:
USD 100,000,00
USD 50,000,00
USD 100,000,00
D+1
D+30
D+31
2.0% p.y.
20% over IGPM+6%
Daily, end of business day
2,70697
For further investment information, please contact us at [email protected]
Rua. Amauri 286, 2º andar - Itaim Bibi / São Paulo - SP - Tel.: (5511) 5070-8400
This document is not meant to substitute the Offering Memorandum of the funds, which every potential investor must refer to.Its purpose is only to provide a summary, offering a general view of investment
possibilities in the Funds, before examining the Offering Memorandum in its entirety.
The Offering Memorandum must be entirely read before any investment.
This document shall not be considered as an offer, general solicitation or advertisement with respect to the purchase or saleof the Funds. Past performance presented in this document is not indicative of future
performance.
This material is intended for qualified investors under the applicable laws to invest in the fund.
This report is merely informative and can not be distributed, reproduced or copied without express authorization ofPerfin Administradora de Recursos Ltda. Although every attempt has been made to ensure the
accuracy of the information Perfin Administradora de Recursos Ltda assumes no responsibility for any errors or omissions., the Manager, is authorized and regulated by CVM, Comissão de
Valores Mobiliários (Securities Exchange Commission).
S.