IDEAS home Printed from https://ideas.repec.org/a/aft/journl/v1922022juldecp13-38.html
   My bibliography  Save this article

Previdência complementar aberta: Uma análise do desempenho histórico dos fundos e comparação com o Tesouro Direto IPCA+ entre 2011 e 2018

Author

Listed:
  • Gabriel Oliveira Medeiros

    (Universidade Federal de São João del-Rei (UFSJ))

  • Thiago Periard do Amaral

    (Universidade Federal de São João del-Rei (UFSJ))

  • Norberto Martins Vieira

    (Universidade Federal de São João del-Rei (UFSJ))

Abstract

Brazil has a variety of plans and categories of supplementary retirement funds that are offered by many financial institutions. However, a lot of these invest-ments have high administration and performance fees, which diminishes its fi-nancial returns. With that in mind, this study analyzed the historical returns of these investments at the periods of 2011 to 2018 and 2016 to 2018, with the objective of assess the quality of the open private retirement’s funds of the country. The obtained results pointed that the open supplementary retirement funds had low performance compared to the market indicators at the accumulated profita-bility analysis at the period of 2011 to 2018. Although, at the shorter term, a largest share of funds of all categories presented accumulated results lower than the Brazilian Government bonds.

Suggested Citation

  • Gabriel Oliveira Medeiros & Thiago Periard do Amaral & Norberto Martins Vieira, 2022. "Previdência complementar aberta: Uma análise do desempenho histórico dos fundos e comparação com o Tesouro Direto IPCA+ entre 2011 e 2018," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 19(2), pages 13-38, july-dece.
    • Handle: RePEc:aft:journl:v:19:2:2022:jul:dec:p:13-38
    DOI: 10.5935/1808-2785/rem.v19n2p.13-38
    as

    Download full text from publisher

    File URL: https://editorarevistas.mackenzie.br/index.php/rem/article/view/14571/11667
    Download Restriction: no
    File URL: https://libkey.io/10.5935/1808-2785/rem.v19n2p.13-38?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    retirement; open supplementary retirement; Brazilian Government bonds; financial market; personal finances.;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aft:journl:v:19:2:2022:jul:dec:p:13-38. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Instituto Presbiteriano Mackenzie (IPM) (email available below). General contact details of provider: https://edirc.repec.org/data/fcmacbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.