INVESTMENTS Profitability and composition | Segmentation
INVESTMENT SEGMENTATION

Plan 1 investments are segmented in portfolios and sub-portfolios. This procedure attends legal determinations and managerial strategies simultaneously. The first big division occurs in the four macro-segments: segments: Variable income, Fixed income, Real estate e Operations with Participants (loans & financing). Percentile allowed for each segment are set forth in the Investment Policy (see page xx). Strategy is defined in compliance with legislation, Conformity Plan and resources need for payment of benefits.