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Performance

BRAZILIAN INVESTORS FUNDS

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

IP-PARTICIPAÇÕES

06/22 41.07052769 1.07 6.94 23.71 100.03

IP-VALUE HEDGE

06/22 700.49995453 0.71 10.54 20.53 96.18

IP-BRASIL INSTITUCIONAL II

06/22 175.04999290 1.00 4.41 21.52 56.34

Benchmark

Date Value              Month (%)     Year (%)     12 months (%)     60 months (%)    
CDI (IN R$) 06/22 --- 0.62 5.49 13.04 69.45
BRAZILIAN REAL / US DOLLAR (IN R$) 06/22 3.33 2.67 2.34 -1.58 61.56
IBOVESPA (IN R$) 06/22 61,272.22 -2.30 1.73 22.16 10.52
IBRX (IN R$) 06/22 25,477.35 -2.21 2.78 22.77 27.93
IGPM (IN R$) 05/31 --- -0.93 -1.30 1.57 34.69