Vltava Fund’s Q4 2024 Investor Letter

Vltava Fund, an investment management company, recently released its fourth-quarter 2024 investor letter. It has been 16 years since the fund transitioned from its initial investment strategy to the current one. Throughout this entire time, the fund has achieved an average annual return of 12%. The letter discussed about the book Hidden Investment Treasures by Daniel Gladiš. The investment cases outlined in Hidden Investment Treasures account for over 80% of Vltava Fund’s current portfolio. This document offers a thorough and detailed overview of the fund’s joint holdings and the reasons behind investment choices. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Vltava Fund’s Q4 2024 investor letter can be downloaded here.