The investment philosophy is 100% value-oriented with special emphasis on capital preservation.
We run a concentrated portfolio strategy of usually 12 to 20 stocks taking the view as a long-term minority investor. We seek target returns of 15% p.a. (net of fees) in a minimum five-year window. To achieve this goal, JBI’s team looks for profitable businesses at reasonable prices.
Considering the over 450 stocks listed in the Brazilian Stock Exchange (BM&F Bovespa), JBI applies 3 filters to generate the Fund’s Investment Universe, composed of approximately 80-100 stocks.