Exa Renda High Grade is a fixed-term real estate investment fund (FII) structured to offer a target return of CDI + 2% per year, net of income tax.

The fund has an initial duration of 5 years, with the possibility of a further extension of 1 year.

The allocation strategy is focused on high quality credit assets with a high percentage of real guarantees, prioritizing operations with a low leverage ratio (Loan-to-Value - “LTV”) and solid names in the market.