What are Funcines?
Funcine is a capital markets vehicle that aims at fostering and developing local artistic, educational and cultural projects while also enabling companies taxed under the real profit regime to allocate up to 3% of their income tax as an investment. Under certain circumstances the same instrument also applies to individuals, who may allocate up to 6% of their income tax due.
Transparency: Funds have daily NAV'S and are under the supervision of the CVM (Brazilian Regulatory Agency)
Tax Effectiveness: Companies taxed under the Real Profit regime may allocate up to 3% of the income tax due Possibility to invest in a diverse range of projects to reduce risk
Experience: Partnership with experienced players of Brazil's film industry to advise on the selection of the projects