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BICE11

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1d
1w
1m

Analysis and statistics

  • Open
    902.0082$
  • Previous Close
    902.0082$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

BICE11.SA is the ticker symbol for a Brazilian Real Estate Investment Fund (Fundo de Investimento Imobiliário, or FII) traded on the B3 (Brasil Bolsa Balcão) stock exchange in São Paulo, Brazil. Real Estate Investment Funds in Brazil are similar to Real Estate Investment Trusts (REITs) in other countries, and BICE11.SA represents a share in a fund managed by Banco Itaú. This fund invests in a portfolio of real estate assets, typically generating income through the rental or lease of these properties. The income generated, after deducting fund expenses, is then distributed to the fund's shareholders (holders of BICE11.SA). Investors purchase these shares to gain exposure to the Brazilian real estate market and potentially earn recurring income from the fund's distributions.
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Factors

Exchange Rate: Fluctuations in the USD/BRL exchange rate affect the price as the fund invests in USD assets.

Interest Rates: Changes in both Brazilian and US interest rates impact the fund's yield and attractiveness.

Market Sentiment: Overall investor confidence in the Brazilian real estate market influences demand.

Asset Performance: The performance of the underlying assets, mostly US-based REITs, directly impacts the fund's value.

Expense Ratio: The fund's expense ratio affects the net return and thus its attractiveness to investors.

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