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Data from 10/31/2023
RENDA+
• In Renda+, 60% of total investors have already made more than one transaction over time.
• The more transactions the investor makes, the higher the median investment ticket size. This same behavior is also seen in the custody balance.
• Recurring investors in this bond are, for the most part, men (67%) and single (55.5%), mostly from the Southeast region.
• Note that the investment ticket size is larger than the median balance in custody in range 1, which indicates that at some point the investor sold this bond.
This can be evidenced by the rise in bond rates, leading to a possible sale.
Data from 10/31/2023
EDUCA+
• In Educa+, the highest concentration of investors is that of a single transaction, this may be related to the maturity of the bond. Since the launch was only 3
months ago, we shall continue to monitor this indicator to check for a possible change in behavior.
• The demographic profile of the investors is similar to that observed in Renda +, with a large proportion (60%) from the southeast region, and 65% made up
of men. Despite this, the percentage of married and divorced people is higher than the percentage of singles, which may indicate that the bond is being
purchased to save funds for children's future education expenses.
• Similar to Renda+, the investment ticket size is greater than the median balance in custody in range 1, which indicates that at some point the investor has
already sold this bond; Furthermore, the range of 8 to 10 transactions has the largest investment ticket size among the group.

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Repeat Purchasers of Brazilian pension strips

  • 1. Data from 10/31/2023 RENDA+ • In Renda+, 60% of total investors have already made more than one transaction over time. • The more transactions the investor makes, the higher the median investment ticket size. This same behavior is also seen in the custody balance. • Recurring investors in this bond are, for the most part, men (67%) and single (55.5%), mostly from the Southeast region. • Note that the investment ticket size is larger than the median balance in custody in range 1, which indicates that at some point the investor sold this bond. This can be evidenced by the rise in bond rates, leading to a possible sale.
  • 2. Data from 10/31/2023 EDUCA+ • In Educa+, the highest concentration of investors is that of a single transaction, this may be related to the maturity of the bond. Since the launch was only 3 months ago, we shall continue to monitor this indicator to check for a possible change in behavior. • The demographic profile of the investors is similar to that observed in Renda +, with a large proportion (60%) from the southeast region, and 65% made up of men. Despite this, the percentage of married and divorced people is higher than the percentage of singles, which may indicate that the bond is being purchased to save funds for children's future education expenses. • Similar to Renda+, the investment ticket size is greater than the median balance in custody in range 1, which indicates that at some point the investor has already sold this bond; Furthermore, the range of 8 to 10 transactions has the largest investment ticket size among the group.