Saldo mínimo e restrições de resgate dos fundos de investimento em renda fixa.

Abstract

In the current economic policy, the Investment Funds ate important tools, being one of the investment options for both institutional and individual investors. This kind of investment has been appreciated by Brazilian investors, since they have used this option instead of the traditional savings account. The aim of this paper was to analyze the variations in the Minimum Balance of Investment, as well as in the restrictions for redemption, in a sample comprised of 2,925 Fixed Income Investment Funds. To do so, it was employed a descriptive study with quantitative approach. The main results indicate that the redemption restrictions presented a significant dispersion among the funds of the sample. For example, there are Lockup values from 0 to 1,000 days; the majority of investment funds opt for the absence of an exit fee; and the minimum balance of investment varies with low than R$1.00 in some funds and more than R$10 million in other funds.