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Nubank’s Nu Asset Introduces ETF with Exposure to Selic Treasury Bond
Crowdfund Insider· 2025-10-20 18:16
Group 1: New Product Launch - Nu Asset Management, Nubank's investment manager, is launching the Nu CDI Tesouro Selic B3 (NCDI11), a new fixed income ETF that allows investors to access government bonds linked to the Selic rate [1] - The NCDI11 is the first ETF indexed to the B3 Selic Treasury Index, which represents the most traded Treasury bonds based on liquidity criteria and quarterly rebalancing [2] - The ETF will have an administration fee of 0.15% per year and will be available for trading on B3 starting October 17, enhancing Nu Asset's portfolio of investment products [2] Group 2: Company Overview - Nu Asset currently manages R$ 6.4 billion across 24 investment funds and serves 1.4 million investors, utilizing data science and technology to create investment solutions [2] - Recent milestones include the launch of dividend-distributing ETFs and smart beta products linked to the Bovespa index [3] Group 3: Customer Base and Market Position - Nubank's subsidiary Nu México has surpassed 13 million customers, reaching approximately 14% of the adult population and 23% of all banked individuals in Mexico [3][4] - The customer base is diverse, with over 60% belonging to low and lower-middle-income households, indicating that Nu's growth is driven by broad social groups [4][5] - More than half of Nu's customers have maintained a relationship with the company for over two years, reflecting sustained digital adoption [5]