Vltava Fund’s Q1 2023 Investor Letter

Vltava Fund, an investment management company, recently released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The firm believes that the greatest potential risk for value destruction in asset allocation is through acquisitions. More than 80% of the Fund’s portfolio is comprised of stocks of companies that place buying back their shares at attractive prices at the very top of their asset allocation considerations. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.