Investment philosophy

Our portfolio construction follows a few guidelines

1

We analyze the political and macroeconomic scenario to anticipate potential impacts on companies, as well as to conduct sectorial analysises to identify the main drivers.

2

We conduct an in depth analysis of companies in order to find the best investment opportunities.

3

We value companies with clear competitive advantages and leadership positions in their industries as we believe that in most cases they will be able to generate superior returns in the long run.

4

In order to remain focused, we limit the portfolio to a maximum of 12 and a minimum of 10 companies.