See investors’ favorite stocks and funds in November – and their profitability

The end of the year was not easy for variable income. As expected by the market, the Copom (Monetary Policy Committee) increased the Selic rate, to 9.25%, to control inflation.

The Extended National Consumer Price Index (IPCA), which measures the country’s official inflation, was 0.95% in November this year. In 12 months, the indicator is at 10.74%, the highest rate since November 2003. The data were released by the Brazilian Institute of Geography and Statistics (IBGE).

And this market movement resulted in a migration of investors from variable income to fixed income, as there was less appetite for risk.

A Smartbrain survey highlighted that in November, multimarket funds (which allocate capital in different sectors at the same time, both in variable income and in fixed income) occupied the main position in the investors’ portfolio.

The fixed income portion (funds in this class and public and private securities) occupied the second largest position in the portfolios and reached 32.12% in November, an increase in relation to the previous month. In October, the participation was 31.92%.

See below the average composition of the portfolios in November and which were the main choices made by investors – and their profitability.

favorite stocks

Despite high inflation and rising unemployment, Lojas Renner became the main choice in the market for the month of November. However, in the last month, the papers fell 2.91%.

Just below was the XP BDR (XPBR31) and the BTG Pactual unit (BPAC11).

In the market portfolio, shares occupied 12.4% of the investors’ portfolio.

equity funds

In the penultimate month of the year, among equity funds, the Smartbrain survey showed that investors mainly chose IP Participações IPG GIC FIA BDR Level I, which invests in Brazilian and foreign companies with the objective of generating returns in the long term. However, the fund has also depreciated in the last month.

Multimarket funds

For the second month in a row, the “AZ Quest” fund was preferred among investors. In October, its profitability was 0.56%, in November it dropped to 0.41%.

fixed income funds

Fixed income funds are those assets that have a fixed rate of return. According to the Smartbrain study, once again the market opted mainly for the TREND DI SIMPLES FI RF fund, from XP Asset Management.

In October, the fund returned 0.53%, while this month it was 0.59%.

real estate funds

The fund “RIO BRAVO DE FUNDO DE INVESTIMENTOS IMOB” was the most chosen option among real estate funds by investors, pointed out Smartbrain. This fund was in second place among the top choices in the sector in October.

At the same time, the IFIX (Real Estate Fund Index) closed down 3.63% last month, accumulating a devaluation of approximately 5.5% until the trading session on the 22nd.

*With Brazil Agency