← Markets3 published analysesInterest rates, inflation and exchange rates with official sources 3 model portfoliosComposition, horizon and identified risks Temporal referencesEditorial update: 08/11/2026, 19:23 · Brasília Selic Rate13,75 % per yearReference: 08/11/2026 IPCA0,82 % per monthReference: September 2026 Commercial Dollar — sale5,5013 R$ per US$Reference: 06/11/2026 MODEL PORTFOLIO · ASSET CLASSES
MODEL PORTFOLIO · ASSET CLASSES
MODEL PORTFOLIO · ASSET CLASSES
FERRUMNEXUS INTELLIGENCE
Market intelligence
Analyses with sources, reference date, method, risk, and identified horizon.
04/10/202608/11/2026
Collection: 08/11/2026, 19:22 · BrasíliaNovember 2023September 2026
Accumulated calculated over twelve months: 4,58%
Collection: 08/11/2026, 19:22 · Brasília16/09/202606/11/2026
Collection: 08/11/2026, 19:22 · BrasíliaPublished analyses
Nominal Interest Rates and Purchasing Power
The Selic rate defines the cost of money in the interbank market and influences interest rates on loans and financial applications. The net return from an application is not equal to the Selic rate, as taxes must be deducted and accumulated inflation over the period must be considered to determine the real gain.
Official references · identified sources→
Inflation and Financial Planning
The IPCA index measures the monthly variation of consumer prices. This data serves as a basis for adjusting long-term contracts and estimating the future cost of goods and services, but it represents only past inflation and does not guarantee predictability about subsequent months.
Official references · identified sources→
Exchange Rate and Asset Diversification
The commercial dollar reflects the official exchange rate for commercial transactions. This quotation is used as a parameter by importing and exporting companies, but it does not represent the opening price of the market or the value that will be practiced in future operations.
Official references · identified sources→
EDITORIAL PORTFOLIOS
Open stock simulation →Compositions by objective
Educational scenarios by asset classes. The weights sum to one hundred percent and do not represent an executed or reader-adapted portfolio.
Reserve and liquidity
Preserve availability for short-term needs.
| Available cash | 20% |
|---|---|
| Short-duration fixed-income products with daily liquidity | 80% |
- Horizon
- Short term; access to money is the central criterion.
- Why this composition
- Prioritizes availability and reduces exposure to price fluctuations. The Selic target serves as an interest rate context, not representing the contracted net rate.
- Risks
- Credit risk, redemption conditions, taxes, and costs must be evaluated in the chosen instrument.
- When to review
- Review if cash needs, redemption rules, or instrument conditions change.
Long-term balance
Distribute exposures among liquidity, inflation, and variable income.
| Post-fixed and liquidity | 40% |
|---|---|
| Fixed income linked to inflation, with a compatible term | 30% |
| Diversified Brazilian stocks | 15% |
| Diversified global stocks | 15% |
- Horizon
- Long-term; consider at least five years for the variable income portion.
- Why this composition
- Combines liquidity reserve with longer-term exposures. The weights represent a study scenario and were not optimized for recent returns.
- Risks
- Stock oscillations, exchange rate variation, and mark-to-market of inflation-linked bonds.
- When to review
- Review when horizon, need for resources, or loss tolerance changes. Do not presume rebalancing has been executed.
Long-term growth
Study greater exposure to variable income over a broad horizon.
| Post-fixed and liquidity | 15% |
|---|---|
| Fixed income linked to inflation | 25% |
| Diversified Brazilian stocks | 30% |
| Diversified global stocks | 30% |
- Horizon
- Long-term; scenario for ten years or more, with emergency reserve separate.
- Why this composition
- Greater stock participation implies accepting oscillations and losses. Diversification does not guarantee profit and does not make it unnecessary to evaluate liquidity and costs.
- Risks
- High risk of losses and prolonged oscillations, plus exchange rate and mark-to-market.
- When to review
- Re-evaluate before any change in objective or use of resources. It is inappropriate to presume this composition for all readers.
About the data and analyses
The▁references▁preserve the▁date of the data and the time of▁collection. ▁Target▁Selic is▁not a▁net▁return of▁application. The IPCA▁represents▁one▁month▁closed; the▁accumulated is▁calculated by the▁composition of the▁monthly▁variations available. The▁dollar is a▁commercial▁sales▁reference,▁not a▁future▁opening▁price.
The graphs show existing observations. Class portfolios use illustrative weights without assigned profitability. Consider maturity, liquidity, costs, taxation and risks when assessing instruments.
▁Sources and▁reference
- Central Bank of Brazil — SGS · Meta▁Selic — 08/11/2026 · % per▁year
- Central Bank of Brazil — SGS / IBGE · IPCA —▁September 2026 · % in the▁month
- Central Bank of Brazil — SGS · Commercial dollar — sale — 06/11/2026 · R$ per US$