Mutual funds had net inflows of R$34.2 billion in February, amassing R$85 billion in the year to date. Fixed Income led net purchases, attracting R$42.7 billion, followed by Private Equity Funds, or FIPs (R$4.2 million), and Pension Funds (R$3.2 billion).

In the Fixed Income class, the Short Duration – Investment Grade fund outperformed, with inflows of R$14.5 billion in February, with no single fund leading such volume. Foreign Investment came next, raising R$9.1 billion, while the Free Duration - Investment Grade and Free Duration - Free Credit received R$6.4 billion and R$8.6 billion, respectively.

The Balanced-Mixed class saw outflows of R$5.9 billion, bringing losses in the year to R$22.4 billion. Foreign Investment and Free funds, which have the largest assets, led the net selling, losing R$7.9 billion and R$6.4 billion, respectively.

In the Equity class, net disposals totaled R$2.6 billion, spearheaded by outflows of R$2.1 billion in the Equity - Foreign Investment type. The Equity - Free Portfolio, which has the largest assets, attracted R$106 million.

Among structured funds, FIPs saw the heaviest net buying, totaling R$4.1 billion, while FIDCs (Credit Receivables Investment Funds) saw redemptions of R$6.6 billion. The FIDC - Agribusiness, Industry and Commerce fund lost R$9.6 billion alone.

Among funds with the largest assets, the Foreign Investment gained 1.97% while the Equity – Free Portfolio rose 1.88%, a better performance compared with January, when all equity funds posted losses.

In Fixed Income, the Short Duration - Investment Grade returned 0.87% while the Free Duration - Investment Grade was up 0.82%. In the Balanced-Mixed class, the Free and Foreign Investment types gained 0.16% and 0.59%, respectively.