Currency

Gorila offers the greatest selection of products and assets from the Brazilian securities market, including Fixed Income products, Stocks, and Mutual Funds.

Furthermore, it offers a large selection of securities from the American stock market.

This presents a challenge when dealing with currencies since a portfolio might be composed of products from both markets.

To handle that, a property currency will be added to clarify which currency a given value is in, when necessary.

However, the P&L, returns (TWR and IRR), position, and benchmark requests will always be in BRL (R$), even for selections where it might have been more logical to use USD (such as offshore benchmarks).

This means that offshore positions will be converted to BRL when being taken under consideration for the portfolio's calculations.