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  • The structure of this vehicle was designed to make investments and capital commitments in Mexico and internationally with greater agility and flexibility, consolidating XXI Banorte as a leader in the market, thanks to investment strategies and sophisticated management of resources.

Afore XXI Banorte committed to invest up to 840 million dollars in the Trust Stock Certificate for Investment Projects (CERPI LOCKXPI) placed on January 19 on the Mexican Stock Exchange (BMV) by Lock Capital Solutions.

In this way, XXI Banorte’s investment portfolio is consolidated as one of the most sophisticated and diversified in the industry by being the first to invest in a CERPI on the BMV during 2022. The first series consists of subseries to group the different Generational Siefores managed by Afore XXI Banorte. The division of said subseries allows matching or matching —in an agile and precise manner—, the investments made through this vehicle with the profile and investment trajectory of the affiliates.

Lock Capital Solutions —the firm with the most experience and assets managed under this figure in Mexico— will be the passive Administrator of the vehicle trust. Said trust may have specialized advisors to evaluate and, where appropriate, make investments or capital commitments.

It is important to note that the structure of this vehicle was designed to make investments and capital commitments in Mexico and internationally with greater flexibility. Likewise, it will allow significant savings in operating and administrative costs, making the use of resources more efficient, since it was structured under the subscription rights scheme, which allows obtaining the best performance for the Siefores involved.

With the foregoing, XXI Banorte reaffirms its leadership in the investment market, improving the returns of its affiliates through a sophisticated, well-defined and disciplined investment process, in accordance with the practices of the best pension funds. of the world.

This approach has been recognized worldwide by international rating agencies such as World Finance, which for the seventh time distinguished XXI Banorte as the best pension fund in Mexico; also, Fitch Ratings changed the rating of its fund management from Strong to Excellent, was awarded three ALAS20 awards for its sustainable and responsible investments, and is certified to operate the widest range of derivative instruments in the entire industry, which was endorsed by CONSAR in 2021.

In this way, the investments of Afore XXI Banorte have the perfect balance between innovation and profitability, always for the benefit of its clients, offering them high returns, security for their savings and certainty in the future.

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