The IFIX Futures contract is yet another option to increase investment strategies in the real estate fund market, an industry that has gained considerable representation in the Brazilian market. Today, there are more than 1 million individual investors trading this contract at B3, besides fund managers and asset managers.  

This is the first futures contract based on a specific index for the real estate sector in Brazil. Furthermore, the IFIX Futures contract allows exposure to a relevant market without the need to buy shares in real estate funds.

The IFIX Index is made up of a theoretical portfolio that accounts for around 95% of the liquidity of the entire real estate fund market in Brazil. It does not have a fixed number of constituents: the amount of assets varies according to a higher or lower liquidity achieved. Currently, the IFIX comprises 103 assets and its portfolio is frequently rebalanced. 

The IFIX is the key performance indicator of Brazil’s real estate fund market and enables a more macro look at performance in this sector.   

• Type:  The IFIX is a total return index (see B3 Index Definitions and Procedures Manual). 

• Eligible assets: Real Estate Investment Fund shares listed on the stock exchange and organized OTC markets. 

• Key criteria for portfolio inclusion: Have a 95% presence on the trading session in the period of validity of the three previous portfolios; not be classified as penny stock (quoted below R$1) and be classified among the eligible assets which, in the period of validity of the three previous portfolios, in descending order of Tradability Index (IN), together represent 99% of the total sum of these indicators.