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Performance

BRAZILIAN INVESTORS FUNDS

Date Share Value (R$)             Month (%)     Year (%)     12 months (%)     60 months (%)    

IP-PARTICIPAÇÕES

05/24 44.44674330 -0.85 1.68 9.31 73.25

IP-VALUE HEDGE

05/24 785.83516391 0.52 3.61 12.94 89.58

IP-PARTICIPAÇÕES IPG

05/24 2.46591823 -1.02 1.56 8.65 62.39

Benchmark

Date Value              Month (%)     Year (%)     12 months (%)     60 months (%)    
CDI (IN R$) 05/24 --- 0.42 2.62 7.88 69.79
IBOVESPA (IN R$) 05/24 80,122.31 -6.96 4.87 26.66 42.05
IGPM (IN R$) 04/30 --- 0.57 2.05 1.90 30.43
S&P 500 (IN US$) 05/24 5,359.33 3.20 2.81 15.69 83.42