Queluz Asset Management Ltd.
The Winterbotham Trust Company Limited
Primary Listing on BISX
Up to 2,000,000 Non-voting, Participating Class Shares having a par value of $0.01
The Fixed Income Sub- Fund may invest in any fixed income instrument issued by a Brazilian entity including the overseas subsidiaries of Brazilian banks, corporations and public agencies. Obligations may be denominated either in the local currency of Brazil (“Brazilian Reais”) or in any Organization for Economic Cooperation and Development(“OECD”) currency. The Fixed Income Sub- Fund may utilize leverage and may enter into contracts to hedge its foreign exchange risk or which create synthetic fixed rate instruments.