The Fund —
Wilhelminen Value Fund

The Value Investment Office, based in Munich, allocates capital according to the principles of value investing. In the Wilhelminen Value Fund, I combine selected value managers into a disciplined overall portfolio.

The objective is the long-term building and preservation of wealth across full market cycles — supported by valuation discipline, patience, and the mindset of an owner.

Behind the Value Investment Office, I stand as an independent capital allocator.

My approach has grown over many years, from the patient observation of exceptional value investors and from personal relationships built over years with managers who remain largely closed to the public.

I think in decades, not quarters, and in a few disciplined decisions rather than in activity.

Wilhelminen Value Fund · Public AIF (fund of funds)

• ISIN: [Placeholder]
• Launch date: [Placeholder]
• Factsheet & legal documents: [Download link]

The information on the fund constitutes advertising. This presentation is neither investment advice nor an offer to purchase fund units.

The value of an investment and the income from it may rise and fall; investors may not recover the amount invested in full, up to and including a total loss. Past performance is not a reliable indicator of future results.

Only the prospectus, the terms and conditions of investment, and the key information document (PRIIP-KID), available at [Link] in German, are legally binding.

The Value Investment Office (Karl H. Filbert) acts as a contractually tied agent within the meaning of § 3 para. 2 WpIG exclusively in the name and for the account of DWPT [full name] and is entered in BaFin’s public register of contractually tied agents.