High CDI
With high Selic, the CDI yields approximately 14% per year, an excellent return for immediate liquidity.
Bullish
Short/Medium Term
Cash
Liquidity for opportunities. 100% CDI yield with immediate availability.
—
Accumulated CDI — how much R$ 100 became since Jan/2010 ·
Loading chart…
Line: daily close Drag over the chart to measure a period's change
7-day return—
30-day return—
12-month return—
Fall from the peak—
All-time high—
What the channel thinks
Bullish — 35% of the portfolio
Rises from 30% to 35% on Oct 26, 2026: the 5 points come from selling Tesouro IPCA+ (Renda+ 2065). On Oct 18 it had already risen from 10% to 30% (10 points from REITs and 10 from auction real estate). Selic at 14% rewards the wait, several assets rose and the election still leaves the scenario uncertain — it's time to keep dry powder to buy when prices help again.
Dry powder — which is now being deployed
Holding cash helps to buy cheap when it appears. It appeared: on Aug 21, 2026 we removed 5 points from here to raise FIIs to 20%. Cash is a means, not an end — holding 15% yielding CDI while FII shares are discounted is choosing a lower return.
Safety
Zero volatility and minimal risk. Ideal for emergency reserve and opportunity capital.
What cash is
Cash is money sitting in daily liquidity fixed income — Selic Treasury, daily liquidity CDB or DI fund — yielding close to CDI. It doesn't chase huge gains: it protects purchasing power and leaves the investor ready to buy when prices improve.
Yields close to CDIDaily liquidityDry powder for opportunities
Understand from scratch →How to get exposure
Selic TreasuryGovernment Bond
Daily Liquidity CDBBanking
DI FundsZero Fee
Remunerated Account100% CDI
Channel history
This analysis reflects the channel's opinion and does not constitute investment advice.