General Features

In order to encourage investments in long-term private projects in the country, the Federal Government extended the favored tax treatment provided for in Law 12.431 to quotas of investment funds in credit rights in the case of resources destined to investment projects (mainly infrastructure ) according to the law.

The FIDC-IE was created with the objective of using the infrastructure debentures issued to finance private investment projects in the infrastructure sector of public interest in the areas of energy, transport, water, basic sanitation and irrigation.

Name BB Votorantim Highland Infraestrutura - FIDC
CNPJ 18.289.873/0001-21
Ticker Cota Sênior: BBVH11 / Cota Mezanino: BBVH12
ISIN Code Cota Sênior: BRBBVHCTF005 / Cota Mezanino: BRBBVHCTF013
ANBIMA Classification FIDC - Infraestrutura
Objective Obtaining income through investments in incentive debentures.
Type of Condominium Closed
Target Audience Qualified investors
Incept Date 11/19/2013
Duration 20 years
Maximum duration of quotas Cota Sênior: 12 years / Cota Mezanino: 12 years / Cota Subordinada: 15 years
taxation exempt for natural person
Management fee 1,10% per year ¹
Performance fee 20% of the financial surplus ¹
Shares Issued 304.704
Investment Period Until 12/31/2015 and can be extended until 12/31/2017
Divestment Period Period arising after the Investment Period up to the settlement date of the Fund
Administrator BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários Ltda.
manager Votorantim Asset Management Distribuidora de Títulos e Valores Mobiliários Ltda.
technical consultant Highland Gestora de Recursos Ltda.
bookkeeper Banco do Brasil S.A.
Distribution Semiannually on the 10th business day of January and July

¹For more information, see the fund’s prospectus and regulations.