Glossary entry

Portuguese term or phrase:

fundo multipactualrenda

English translation:

Pactual multi-asset income fund

Added to glossary by Michael Powers (PhD)
Sep 25, 2007 12:08
16 yrs ago
1 viewer *
Portuguese term

fundo multipactualrenda

Portuguese to English Bus/Financial Investment / Securities
I am assuming it is some sort of "mutual income" fund, but the key word is "assumng."

a Dpoente informa que a empresa também dispõe de investimentos em fundos no seguinte banco: Citibank (fundo Multipactualrenda fixa, com saldo atual de ...)

Please document answer for me citing a dictionary, or the internet that includes the Portuguese original and the English translation in the same site, etc.

Thanks,
Mike :)
Proposed translations (English)
3 Pactual multi-asset income fund

Discussion

Michael Powers (PhD) (asker) Sep 25, 2007:
more info Liz,

I appreciate you taking the time to analyze this. In the document I have from the client, it is written as one word. Of course, that doesn't mean anything. Given the nature of the document, I cannot talk to the individual that wrote it. Nonetheless, perhaps it should have been two separate words.

Thank you for your diligent research.

Mike :)
liz askew Sep 25, 2007:
Any use? "Multi pactual" = two separate words here:
[PDF] rankingFile Format: PDF/Adobe Acrobat - View as HTML
B Private FICFI Multi Pactual High Yield. 29,23%. 19,37%. *. 325.146.939. Bradesco. Bradesco FI Multimercado Alocação. 28,84%. 19,95%. 79,67%. 70.841.039 ...
www.investidorindividual.com.br/pdfs/Ind-45-Ranking.pdf - Similar pages

Estado.com.br :: Pesquisa- [ Translate this page ]ABN AMRO AS FIQ MULTI PACTUAL HI YI, 08/08, 0,05, 0,23, 7,82, 155.06, 102.327, 2,00, Não. ABN AMRO AS FIQ MULTIM KM INVESTIMENTOS, 08/08, 0,19, 0,13, 7,99 ...
www.estado.com.br/tfundos.htm?fundo=msrva0 - Similar pages

Proposed translations

3 hrs
Selected

Pactual multi-asset income fund

Hello Michael,

It goes like that:
To understand the fund title you must see that:

Citibank offers many investment funds and all the funds named Pactual are managed by Pactual Asset Management, see:
Os Fundos Pactual High Yield, Pactual MultiStrategies RF, Pactual Hedge, Pactual MultiStrategies Adv. e Pactual Income Plus são administrados pela Pactual Asset Management (http://www.citibank.com.br/brasil/resourcs/misc/citigold.htm...

Renda here is likely to be referring to “fundo de renda fixa”.(http://br.geocities.com/investguia/inv1.htm)

And Multi to some kind of multi-asset fund:(http://chartwell.co.uk/files/pdf_apps/Marketwatch/January_20...
Multi-Asset funds have been available to retail investors since around 2002. As the name suggests, they invest in a variety of asset classes including equities, bonds, property, structured products and alternative assets such as hedge funds. This means that any underperformance from one asset class should be balanced by outperformance from another.

If "fundo multipactualreanda" is not the fund title, my guess is that they refer to some “Pactual Multi Asset Income Fund” like the one below:
... as the other multi-asset income fund that the firm offers, the New Star Tri-Star Unit Trust investing in bonds, equities and commercial property...www.pwmnet.com/news/fullstory.php/aid/1772/New_Star_says_fo...

Have a nice day!

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4 KudoZ points awarded for this answer. Comment: "Eneid, you did a great job in research and explanation. Thank you very much. Um abraço - Mike :)"
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