Title: VGHF11 Approves Fifth Issuance of Shares to Raise Funds
Introduction:
The Valora Hedge Fund (VGHF11) has recently approved the fifth issuance of shares, aiming to raise up to R$ 250 million. The fund has gained popularity since its inception in February 2021 and currently has almost 250,000 shareholders. This multi-strategy real estate fund offers investors the opportunity to invest in various assets, including real estate collection certificates (CRI), shares in other funds, FIDCs, debentures, financial exchanges, shares in companies, and real estate-related shares.
VGHF11 Fifth Issuance:
According to the portfolio’s announcement to the market, the subscription price for the new shares has been set at R$ 9.29, with no charge for distribution fees. At the end of the trading session on Friday (7th), VGHF11 was negotiated at R$ 9.55, representing a 0.42% increase. The fair price of the fund’s assets, as indicated by StatusInvest, a financial information platform, is exactly R$ 9.29.
Shareholder Preference and Proportion:
Shareholders of the fund have the right of preference in the issuance, with a proportion factor set at 36%. This means that for every 100 shares, the investor will be able to subscribe to 36 new shares. This offering presents an opportunity for existing shareholders to increase their holdings in the fund.
Real Estate Fund Offerings in 2023:
In 2023, the Securities and Exchange Commission (CVM) has recorded 191 real estate fund offers, considering ongoing and closed issues. The total collection from these offers, if the initial objective is achieved, would amount to R$ 14.8 billion. The largest offering to date is that of CSHG Logística (HGLG11), which seeks to raise almost R$ 2 billion in new resources.
Market Performance Highlights:
In the stock market, the I fix index closed the session on Friday (7th) with a rise of 0.42% to 3,190 points. Some of the FIIs that experienced significant increases in their values include XPSF11 (XP Selection FoF), BRCR11 (BC Fund), and HGBS11 (HGBS Coverage Brazil Purchases). On the other hand, some of the FIIs that saw decreases in their values include BRLR11 (BRL RBR Logística) and VTLT11 (Votorantim Logistics).
Dividends Distribution:
There are several FIIs that distribute dividends on Friday (7th), providing an opportunity for investors to earn returns on their investments. Some of these include BICE11, SPAF11, VERE11, HOSI11, HTMX11, NSLU11, IDFI11, HSAF11, PORD11, RZTR11, LVBI11, EVBI11, STRX11, HSML11, BPFF11, PVBI11, LASC11, ABCP11, IDFI11, SPTW11, VPSI11, PLRI11, LIFE11, VGHF11, ARRI11, GALG11, and DAMT11B.
Conclusion:
The approval of the fifth issuance of shares by VGHF11 presents an opportunity for the fund to raise significant funds in order to continue its investment strategies. Real estate fund offerings have been prevalent in 2023, with CSHG Logística leading the pack in terms of seeking new resources. The market performance of various FIIs has witnessed both increases and decreases, indicating the volatility and dynamics of the investment landscape. Investors can also benefit from dividend distribution among several FIIs. Overall, the real estate fund market continues to present opportunities for investors seeking diverse investment options in the financial market.
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The FII Values Hedge Fund (VGHF11) approved the fifth issuance of shares of the fund, which aims to raise up to R$ 250 million, according to the portfolio’s announcement to the market.
According to the document, the subscription price of the new newspapers was set at R$ 9.29 and there will be no charge for distribution fees.
At the end of the session this Friday (7th), the VGHF11 it was negotiated at R$ 9.55, 0.42% more. The value of the fund’s assets, a kind of fair price, is exactly R$ 9.29, as indicated by StatusInvest, a financial information platform.
The shareholders of the fund will have the right of preference in the issuance whose proportion factor will be 36%, that is, for every 100 shares, the investor will be able to subscribe 36 new shares.
In 2023, the Securities and Exchange Commission (CVM) records 191 real estate fund offers, considering ongoing and closed issues. If the initial objective is achieved, the offers would represent a total collection of R$ 14.8 billion.
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The largest, so far, is that of CSHG Logística (HGLG11), which seeks almost R$ 2 billion in new resources. Consult the list of the ten largest emissions of the year.
offer type | Below | Total amount in BRL | Date |
Primary Offering | CSHG LOGISTICS | R$1,914,344,111.70 | 05/15/2023 |
Primary Offering | CONGONHAS SHOPPING CENTERS – BREI | R$1,225,920,000.00 | 03/13/2023 |
main offer | RENT URCA PRIME | R$659,375,000.00 | 06/22/2023 |
main offer | MAX INCOME | R$643,638,175.32 | 06/22/2023 |
Primary Offering | XP SHOPPING CENTERS | R$582,010,633.36 | 7/3/2023 |
main offer | MAUÁ CAPITAL STRUCTURED LOAN | R$520,020,800.00 | 06/22/2023 |
Primary Offering | FIRST VBI PROPERTIES | R$350,068,521.60 | 06/30/2023 |
Primary Offering | Brix | R$300,001,315.38 | 02/14/2023 |
main offer | AAA PURCHASES | R$300,000,000.00 | 06/16/2023 |
Secondary offer | STRUCTURED INCOME FACTOR | R$300,000,000.00 | 04/19/2023 |
Source: National Stock Market Commission (CVM)
Created in February 2021, the Valora Hedge Fund (VGHF11) is considered the first multi-strategy real estate fund on the market and today has almost 250,000 shareholders.
This class of FII, also known as hedge fund – invests in different types of assets, such as real estate collection certificates (CRI), shares in other funds, FIDCs, debentures, financial exchanges, shares in companies and even shares related to the real estate market.
Also read:
I fix today:
In the session this Friday (7), the I fix -index of the most traded FIIs on the Stock Market- closed with a rise of 0.42%, to 3,190 points. Take a look at the other highlights of the day.
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Highest highs this Friday (7):
heart | Name | Sector | Variation (%) |
XPSF11 | XP Selection | FoF | 2.72 |
BRCR11 | BC Fund | Hybrid | 2.15 |
HGBS11 | Coverage Brazil Purchases | malls | 2.11 |
XPIN11 | industrial experience | Logistics | 1.62 |
RBRP11 | RBR properties | Hybrid | 1.46 |
Major casualties this Friday (7):
heart | Name | Sector | Variation (%) |
11 BRL | RBR record | Logistics | -1.26 |
VTLT11 | Votorantim Logistics | Logistics | -1.13 |
BCRI11 | Banestes | Titles and Val. Crew. | -1 |
MUST11 | avant-garde | Titles and Val. Crew. | -0.96 |
RECR11 | REC accounts receivable | Titles and Val. Crew. | -0.88 |
Source: B3
dividends today
Consult the list of FIIs that distribute dividends this Friday (7).
heart | Performance | Cost effectiveness |
BICE11 | R$10.00 | 1.01% |
SPAF11 | R$7.19 | – |
VERE11 | R$2.07 | – |
HOSI11 | R$2.00 | 3.23% |
HTMX11 | R$1.88 | 1.47% |
NSLU11 | R$1.54 | 0.86% |
IDFI11 | R$1.30 | 3.15% |
HSAF11 | R$1.10 | 1.26% |
PORD11 | R$1.08 | 1.20% |
RZTR11 | R$0.85 | 0.93% |
LVBI11 | R$0.78 | 0.67% |
EVBI11 | R$0.75 | 0.77% |
STRX11 | R$0.74 | – |
HSML11 | R$0.74 | 0.79% |
BPFF11 | R$0.62 | 0.89% |
PVBI11 | R$0.61 | 0.62% |
LASC11 | R$0.59 | – |
ABCP11 | R$0.50 | 0.69% |
IDFI11 | R$0.42 | 1.02% |
SPTW11 | R$0.42 | 0.98% |
VPSI11 | 0.16 Brazilian reais | – |
PLRI11 | R$0.15 | 0.78% |
(active=LIFE11) | R$0.14 | 1.37% |
VGHF11 | 0.12 Brazilian reais | 1.25% |
ARRI11 | R$0.11 | 1.22% |
GALG11 | R$0.08 | 0.88% |
DAMT11B | R$0.08 | 0.45% |
PLRI11 | R$0.03 | 0.14% |
Source: StatusInvest
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