- Pre-cancellable: at 90 days, they pay inflation plus 1% and in case of pre-cancellation, they pay an annual rate of 41%.
- Secondly, there are the fixed terms that can be made for a term greater than 90 days and pay an annual rate of 0.25%.
The economist Salvador Di Stéfano proposed to IProfesional a “carousel” type scheme and according to the analyst, it allows an annual return of almost 90%. How is it the procedure:
As an example, we imagine an investment of $300,000:
1. We set up a pre-cancelable 90-day UVA fixed term of $100,000.
2. We set up another 120-day UVA fixed term for $100,000.
3. Lastly, we set up a third 150-day UVA fixed term for $100,000.
4. It is true that, during the first 89 days, we do not have any expiration, but, as of the 90th day, the first fixed term begins to expire, which, once more, we will renew at 90 days.
5. On the 120th day, the second fixed term expires, which we will also renew at 90 days.
6. Finally, on day 150, the third fixed term expires, which we will renew for 90 days.
“In this way we put together a merry-go-round, every 30 days a fixed term expires, adjusted for inflation, with the accumulated inflation of the agreed period. This will give us a higher rate of inflation, if we capitalize interestDi Stéfano raised.
“Let’s assume an inflation rate of 68% for the next 12 months, this would imply a quarterly inflation rate of 17%. If we accumulate interest, in one year, we will obtain an annual rate of 87.4%,” added the economist.
“The interesting thing regarding this carousel is that every month we will have maturities, in the first stage with interest equivalent to the accumulated inflation of 90 days, 120 days and 150 days and, from the fourth month, interest equivalent to the inflation of 90 days. To this we must add the interest according to the agreed fixed term,” argued the analyst.
According to Di Stefano, “It is a very interesting investment, which is very good to harmonize with other products”.
“For example, if you have public titles, take a guarantee with these titles at a rate of 48% per year and place said money in UVA fixed terms, through which you might obtain a maximum rate of 87.4% per year, as long as and when inflation continues to behave as in recent months.
“You can make thousands of combinations. It is an excellent investment and helps to lose fear of the peso. In recent years, this investment has comfortably beaten the evolution of the MEP dollar, Contado Con Liqui and the blue dollarDi Stéfano clarifies.