Welcome to Fundamenta

FUNDAMENTA is an independent asset management company, prepared and dedicated to invest professionally.

FUNDAMENTA is an asset management company founded in 2006 by Raul Freire and Valter Bianchi Filho, executives with solid experience in credit and entrepreneurship. The core value proposition is to deliver consistent investment returns through a skilled research team and decision-making process based on fundamental analysis and strong discipline.

We believe Brazil is in process of improving its economy and capital markets, and many investment opportunities will arise along this road. Native knowledge of the country is essential to correctly judge the investment cases.

Buy-side research team and decision-making process are oriented by the principles of fundamental analysis and value investing, with an entrepreneurial approach that makes FUNDAMENTA look for value beyond usual valuation procedures.

FUNDAMENTA has assets under management of R$ 800 million, a history of growth, work and focus on our investors.

For more information, please download our Presentation.

Our Mission

To invest with great competence and ethical standards, in order to bring satisfaction and prosperity to our stakeholders.


Raul do Amaral Souza Freire: Chief Investment Officer and partner

Valter Bianchi Filho: Chief Investment Officer and partner

Laís Martins Fracasso: Buy-side analyst and partner

Ricardo Tesche: Chief Risk and Compliance Officer and partner

Luigi Micales: Buy-side analyst and partner

José Roberto Canto Porto: Buy-side analyst and partner

Roberto Krasner: Buy-side analyst and partner


Phone: +55 51 3085 8160
E-mail: fundamenta@fundamenta.adm.br


Contact us: +55 51 3085-8160 E-MAIL


+55 51 3085-8160 Av. Cristóvão Colombo, 2948 cj. 904 - Porto Alegre / RS  |  Rua Pais Leme, 215 cj. 1117 - São Paulo / SP

FUNDAMENTA Administracao de Carteiras de Valores Mobiliarios Ltd is a Brazilian asset management company and does not sell nor distribute shares of investment funds or any other security. The content of this Website has been prepared solely for informational purposes and is neither intended, nor should be considered, as a security offering. Careful reading of both Prospectus and the Fund’s Bylaws thereof is recommended. Past performance is no guarantee of future profitability and is not deducted or withheld from any duties and taxes. All fees are charged by the Administrator. The Fund has no guarantee from the Fund Administrator, the Investment Manager, or any other insurance mechanism. The Brazil Index – IBrX is the Performance benchmark for FUNDAMENTA Equity Fund. Other economic indicators are a simple guiding reference. Past performance numbers are the effective results, and not simulations. Total assets under management consider Fund’s NAV and administrated portfolios by the end of calendar year. The Essential Information Sheet is available on the site of the Fund Management Company. Average NAV is the arithmetic mean of fund’s NAV in the last 12 months or since inception if the fund has less than 12 months. Average NAV in the last 12 (twelve) months and Dividend Yield is calculated in accordance to ANBIMA’s Guidance for Advertising and Disclosure of Technical Material. FUNDAMENTA Equity Fund’s average NAV is R$ 30.978.037,43. FUNDAMENTA FIX Fixed Income Fund’s average NAV is R$ 1.814.842,72. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.