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TJKB11

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Analysis and statistics

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About

TJKB11.SA is the ticker symbol for the Trend ETF Kinea IPCA Ex-Juros Longo, a fixed-income Exchange Traded Fund (ETF) listed on the B3 stock exchange in Brazil (indicated by the ".SA" suffix). This ETF aims to track the performance of an index composed of Brazilian inflation-linked government bonds with long maturities, excluding interest payments, making it a way for investors to gain exposure to Brazilian inflation-protected debt.

Factors

Real Estate Market Conditions: Changes in property values, rental income, and occupancy rates within the Brazilian real estate sector directly impact the fund's NAV.

Interest Rate Fluctuations: Brazilian interest rates influence borrowing costs for real estate developers and the attractiveness of REITs compared to fixed-income investments.

Inflation Rates: Inflation can erode real returns on real estate investments if rental income and property values do not keep pace, impacting investor sentiment.

Economic Growth: A strong Brazilian economy typically boosts demand for real estate, positively affecting occupancy rates and property values.

Investor Sentiment: Overall market sentiment toward Brazilian REITs and emerging market assets can influence trading activity and fund prices.

Fund Management Performance: The fund manager's ability to select profitable real estate assets and manage expenses affects the fund's overall performance.

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