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LETTERS

We are committed to delivering transparency and meaningful insights for investors. Access our manager letters to track the performance, strategy, and outlook of our funds. We publish monthly reports for Kappa & Zeta, K10, and NW3, and semiannual analyses for Tarkus. Our commitment is to provide transparency and relevant insights to investors.

Tarkus

2024

CARTA DO GESTOR

Tarkus

2º Semester

2024

CARTA DO GESTOR

Tarkus

1º Semester

2024

2023

CARTA DO GESTOR

Tarkus

2º Semester

2023

CARTA DO GESTOR

Tarkus

1º Semester

2023

2022

CARTA DO GESTOR

Tarkus

2º Semester

2022

CARTA DO GESTOR

Tarkus

1º Semester

2022

2021

CARTA DO GESTOR

Tarkus

2º Semester

2021

CARTA DO GESTOR

Tarkus

1º Semester

2021

2020

CARTA DO GESTOR

Tarkus

2º Semester

2020

CARTA DO GESTOR

Tarkus

1º Semester

2020

2019

CARTA DO GESTOR

Tarkus

2º Semester

2019

CARTA DO GESTOR

Tarkus

1º Semester

2019

2018

CARTA DO GESTOR

Tarkus

2º Semester

2018

CARTA DO GESTOR

Tarkus

1º Semester

2018

SP Av. Brig. Faria Lima, 3144
11th Floor, Itaim Bibi
Zip Code: 01451-000
São Paulo/SP / Brazil
+55 11 3956-0600

RJ Av. Ataulfo de Paiva, 1235
4th Floor, Leblon
Zip Code: 22.440-034
Rio de Janeiro/RJ / Brazil
+55 21 2042-4213


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    The information contained on this website is for informational purposes only and does not constitute any type of advice, offer, or recommendation for investments in investment funds or any other securities. Therefore, the information contained on this website should not be used for applications and investments. The sole purpose of this internet page is to provide transparency to the operations of Kapitalo Investimentos Ltda. and Kapitalo Ciclo Gestora De Recursos Financeiros Ltda. The companies do not trade or distribute fund shares or financial assets. It is recommended the careful reading of the prospectus and the investment fund's regulations before making an investment. For more information about the administration fees, quotation, and target audience of each of the funds, consult the fund documents available here or on the fund administrator's website (www.bradescobemdtvm.com.br; https://www.btgpactual.com/administracao-fiduciaria; https://www.itau.com.br/investimentos/fundos/informacoes-cotistas).Investment funds are not guaranteed by the fund administrator, the portfolio manager, any insurance mechanism, or the Credit Guarantee Fund (FGC). The investor must make their own investment decision, so consulting investment advisors and specialized professionals before making your decision is recommended. Investors must be prepared to accept the inherent risks of the various markets in which the funds operate and, consequently, possible variations in the invested capital. The funds presented may be exposed to a significant concentration in assets from a few issuers and investments abroad, and therefore the consequential risks. The funds use strategies with derivatives as an integral part of their investment policy. Such strategies, as they are adopted, may result in significant equity losses for their shareholders, and may even lead to losses greater than the capital invested, as well as a consequent obligation for the shareholder to provide additional resources to cover the fund's losses. The financial assets belonging to the funds may not have immediate liquidity, and the terms and/or profitability may vary according to the maturity or redemption period of each asset, if it is traded in advance. There is no guarantee that multi-market funds will have the intended tax treatment, whether for Long-Term or Equities. The disclosed profitability is already net of administration fees, performance fees, and other costs pertinent to the fund, but it is not net of taxes. For the evaluation of the investment fund's performance, an analysis of at least 12 (twelve) months is recommended. Past performance is not a guarantee of future profitability. The Managers, their administrators, partners, and employees are not responsible for the accidental publication of incorrect information, and they disclaim responsibility for any damages resulting directly or indirectly from the use of the information contained on this website. This website is not directed to anyone who is prohibited by law from accessing the information contained herein. The information present on this website may not be reproduced, copied, or distributed, in whole or in part, without the prior authorization of the Managers.