Itau Unibanco: Near Fair Value But Brazil Provides Solid Fair Equity Returns

Group 1 - The Value Lab focuses on long-only value investment ideas, targeting international mispriced equities with a portfolio yield of approximately 4% [1] - Itau Unibanco (ITUB) has shown solid performance, driven by corporate growth in the credit portfolio due to government initiatives [2] - The bank's net interest margins (NIMs) remain strong, supported by a restrictive monetary policy [2] Group 2 - The Valkyrie Trading Society consists of analysts sharing high conviction investment ideas that are downside limited and expected to yield non-correlated, outsized returns [2] - The society operates The Value Lab, providing members with real-time portfolio updates, 24/7 chat support, and regular global market news [2]