CNAE BrazilClass

CNAE Brazil 64.70-1—Investment funds

Class · Classificação Nacional de Atividades Econômicas (2.3 (2025))

Where 64.70-1 sits

  1. K Financial, insurance and related services activities
  2. 64 Financial services activities
  3. 64.7 Investment funds
  4. 64.70-1 Investment funds

Contains 3 narrower codes

What 64.70-1 includes

  • Financial intermediation activities involving the distribution of funds, obtained through the subscription of shares according to contractual rules, through investment in securities, highlighting: • short-term funds • referenced funds • fixed income funds • equity funds • foreign exchange funds • external debt funds • multi-market funds
  • Pension investment funds: • individual Programmed Retirement Funds (FAPI), managed by financial institutions or insurance companies. • the Free Benefit Generating Program (PGBL), a pension-type program administered by financial institutions. • the activities of intermediation involving funds constituted by pooling resources, raised through the securities distribution system and intended for investment in real estate ventures. It is constituted as a closed-end fund, where the redemption of shares is not permitted

What 64.70-1 excludes

  • Activities of managing portfolios of securities and valuables by contract or co-commission (66.30-4)

64.70-1 in other systems

ANZSICAustralia · New Zealand
ICNEAChina
KSICSouth Korea
SICUnited States (legacy)
SSICSingapore

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