How to Build a Diversified FII Portfolio

How many FIIs to hold? - Minimum: 5 (for basic diversification) - Ideal: 8-15 (good diversification without excessive complexity) - Practical maximum: 20 (above that, hard to track)

Suggested allocation by type: - 30-40% Brick FIIs (logistics, shopping, corporate) - 30-40% Paper FIIs (CRIs indexed to CDI and IPCA) - 10-20% Hybrid FIIs or FOFs - 10% for specific sectors (agro, healthcare)

Allocation strategies: - Conservative: More paper (CDI), less brick. Focus on predictability. - Balanced: 50/50 brick and paper. Income + appreciation. - Aggressive: More discounted brick (P/BV < 0.9). Focus on appreciation + income.

Rebalancing: - Review portfolio every 3-6 months - If a sector grew too much, redistribute - Reinvest dividends in discounted FIIs

PaxMoney shows allocation charts by FII type, letting you see if your portfolio is balanced. If you have 80% in logistics, the app highlights this concentration.