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Performance

Brazilian INVESTORS FUNDS

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

IP-PARTICIPAÇÕES

08/22 52.92801629 0.98 18.82 17.21 92.78

IP-VALUE HEDGE

08/22 877.26324574 -0.53 9.14 8.03 87.48

IP-PARTICIPAÇÕES IPG

08/22 2.90541958 0.62 17.53 15.70 81.37

Benchmark

Date Value              Month (%)     Year (%)     12 months (%)     60 months (%)    
CDI (IN R$) 08/22 --- 0.36 4.04 6.31 63.24
IBOVESPA (IN R$) 08/22 100,011.28 -1.77 13.80 30.05 71.23
IGPM (IN R$) 02/28 --- 0.88 1.02 2.56 30.51
S&P 500 TR (US$) 08/22 5,888.37 -1.75 18.14 4.23 62.91