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Fitch: Simple Fund to Facilitate First Access to Capital Markets in Brazil

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SAO PAULO--(BUSINESS WIRE)--According to Fitch Ratings, the creation of 'Simple Funds' by the Brazilian Securities and Exchange Commission (CVM) -- as a result of Instruction 555/14, effective Oct. 1, 2015 -- will promote small investor participation in capital markets by providing easier access and potential for higher returns relative to savings accounts with similar risk. The Simple Fund may be distributed through electronic channels, exempting the investor from filling in documents such as

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