Trígono Capital is an independent asset management company whose managing executives have extensive experience in analyzing companies with a unique methodology (shares & fixed income corporate credit). Although the firm has nearly five years in business, its founders possess a respective 40 and 33 years of experience in the financial market, of which a large part has been involved in managing third-party resources. Trígono is also distinguished in the market for its constructive engagement with investees, appointing and electing board members and interacting not only with the board members, but also with the key executives, controlling and minority shareholders, seeking excellence in governance on behalf of all shareholders. We select companies and invest by observing the best practices of governance, social and respect for the environment (ESG). We believe that ESG is not only a risk mitigator for the company and shareholders, but that it actively and constructively contributes to the benefits of society, locations and communities where its businesses operate or are located, and on behalf of all stakeholders (shareholders, employees and their families, suppliers, customers, government, etc.)

Through the platform of partner distributors and brokers. Our funds can now be accessed through the following partners

Trígono currently has 10 strategies available for investments, of which we have six common equity funds, a corporate credit fund and three pension funds. All funds are unleveraged, do not short-sell or invest in any form of derivatives (colocar na versão em português). Starting with equity funds, we have:

TRÍGONO FLAGSHIP SMALL CAPS – “Small Caps” Strategy: Fully allocation in Small Caps shares, companies with a market value below R$ 10 billion and/or daily trading below R$ 10 million. Redemption in 30 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: SMLL

TRÍGONO FLAGSHIP 60 SMALL CAPS – “Small Caps” Strategy: Fully allocation in Small Caps shares, companies with a market value below R$ 10 billion and/or daily trading below R$ 10 million. Redemption in 60 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: SMLL

TRÍGONO DELPHOS INCOME – Dividend Strategy: Allocation in companies with good history and good prospects for dividend distribution, with a bias for small caps. Redemption: 30 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: IDIV

TRÍGONO VERBIER –All-Cap Portfolio Strategy: Allocation in any listed company. The fund does not have any bias in terms of size or liquidity of companies, but is targeting those that it considers the best investment alternatives through a concentrated portfolio with limited portfolio turnover, considering the long-term horizon for the maturation of investments.
Redemption in 30 and financial settlement in 2 business days after the date of redemption. Benchmark: Ibovespa

TRÍGONO HORIZON MICRO CAP – “Micro Cap” Strategy: Fully allocation in micro caps, companies with a market value below R$ 3 billion. Redemption in 30 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: SMLL

TRÍGONO POWER & YIELD – “Energy Thematic” Strategy: Allocation in companies whose businesses are related to energy such as: generation, transmission and distribution of electricity; oil and gas, ethanol and biomass energy production; suppliers of components to the sector; electro-intensive consumer companies and energy producers for their own consumption)
Redemption in 30 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: IEE

Concerning pension funds, we have:

TRÍGONO 70 PREV FIM: Multimarket pension fund with 70% allocation in equities with a focus on Small Caps and 30% in fixed income. This is exclusively for BTG Digital. Redemption in 7 calendar days and financial settlement 2 business days after the date of redemption. Benchmark: CDI

TRÍGONO ICATU 100 PREV FIA: Pension fund with full allocation in shares focusing on Small Caps companies Fund created in partnership with Icatu, but which can be accessed through other platforms. See partners in the link, in addition to the insurance company Icatu. Redemption: Redemption in 30 calendar days and financial settlement in 2 business days after the date of redemption. Benchmark: Ibovespa

TRÍGONO PREV VÍTREO
Pension fund with full allocation in shares focusing on Small Caps companies. This is exclusively for Vitreo. Redemption in 30 calendar days and financial settlement in 2 business days after the date of redemption. (Benchmark: SMLL)

Concerning corporate credit funds, we have:

TRÍGONO PULSAR BLEND FIC FIM CRÉDITO PRIVADO: The first corporate credit fund from Trígono Capital that invests up to 20% in securities of Latin American issuers in the international market and the rest in corporate credit in Brazil. The portion invested in securities issued abroad includes a hedge for the exchange exposure that is neutralized. The objective of the fund is to achieve a target return of Interbank Deposit Certificates (CDI) + 2.5% and volatility of up to 1.5%. Redemption: 30, with payment on the 1st subsequent business day. Benchmark: CDI

All funds, except Pulsar and TRIG11, apply a 2% administration fee per year and 20% performance fee on what exceeds the fund’s benchmark with watermark
Pulsar charges a 1% management fee per year and a 20% performance fee on what exceeds the fund’s reference index. For ETF TRIG11, a 0.6% annual administration fee is applied with no performance fee

Considering that the fund is the holder of the shares, it is this vehicle that receives the dividends/ interest on shareholders’ equity with no distribution to the shareholders, but the reinvestment of the funds is received in the portfolio itself without the issuance of new shares, as is the case of the inflow of funding through new applications.
The shareholder, in turn, holds shares in the fund that are affected day-to-day by all the flows and profitability of the stocks. In other words, the shareholder does not receive the dividends directly, but these amounts automatically reflect on the fund´s NAV. This procedure is standard for equity/dividend funds on the market and follows market practices. The distribution of dividends has a tax impact on shareholders, in addition to being operationally impracticable with high operating costs.

– Trígono website (www.trigonocapital.com): We offer a daily newsletter featuring the returns of the funds in several windows compared to their respective benchmarks.

– Monthly Overviews: We provide a monthly letter from the manager offering information on the results of the funds, companies, methodology, vision and perspectives.

– Newsletter Subscription: Emails can be registered at the website www.trigonocapital.com, to automatically receive the daily newsletter on the funds and other publications (reviews, livestreams, events, etc.)

– YouTube Channel (www.youtube.com/trigonocapital): Weekly (Wednesdays, at 7 pm), livestream sessions are held with specific content, conversations with analysts, quarterly results retrospectives, companies and guests and any topic that Trígono deems of interest to our investors.

– Social Media: Posts via Instagram, LinkedIn and Twitter.

– Podcasts: Available on Spotify and SoundCloud audio platforms.

TRÍGONO FLAGSHIP 60 features the same allocation and strategy, with the only difference being that the deadline for redemptions was increased from 30 to 60 calendar days, allowing an increase in capacity. Flagship redemptions continues at 30 days but is currently closed for new investments.

Trígono manages assets through investment funds, which can be accessed through digital platforms (Click Here). The investment advisor of the platforms, autonomous agents, investment managers of partner financial institutions or partners that distribute our funds are the ones making the client profile analysis and, consequently, the recommendations. We do not recommend investments or allocations in our funds, because this is the investor’s own decision, and we do not make any type of recommendation of investments in stocks, including those invested by our funds.

Yes, although each fund contains its own strategy some companies are eligible for more than one strategy if they meet the fund´s mandate.
In the case of the Trígono Pulsar fund, our strategy is to allocate fixed income assets related to corporate credit, but which does not exclude government securities

– Is there an overlap between TRIG11 and the Flagship fund?
The TRIG11 consists of 85 companies in the micro and Small Caps universe and the ETF contains a specific methodology that determines the eligibility criteria for a company to enter the index and their respective weights within it, such as governance filters, liquidity, market cap, and others. It’s a passive management. Flagship Small Caps has a much more concentrated strategy, with a selection of 10 to 15 companies from this same universe of small and micro caps. So, it’s a much more focused and accurate portfolio. Active management strategy, with the careful selection of roles that make up the fund, based on Trígono’s proprietary investment methodology and process.

The intersection between the two is small, currently at approximately 8%