Fund Overview2020-09-22T08:13:22-04:00

Fund Overview

The Wildermuth Endowment Fund seeks to provide long-term capital appreciation and income to investors by utilizing investment strategies and asset allocation policies established by leading endowment funds. The Fund’s closed-end interval structure provides the investment manager with the flexibility to incorporate diverse investments and asset classes while also administering daily share purchases and a quarterly*1,2 limited share repurchase to investors. The Wildermuth Endowment Fund is not suitable for all investors.

Fund Features:

  • Endowment fund asset classes
  • Broadly diversified investment portfolio3
  • Limited quarterly redemption offer *1,2

Fund Attributes:

  • Total return approach with an income component
  • Focuses on seeking long-term capital appreciation
  • Exposure to diverse alternative investments4

Interval Fund Overview Implementation

  • To include all the diverse asset classes and investment vehicles typical to an endowment portfolio, the highly flexible interval fund structure is used5

Interval Fund Key Characteristics

  • Investors can purchase shares daily and continually
  • Net Asset Value (NAV) is calculated daily
  • Investors are given a quarterly limited share repurchase period. A limited number of shares are eligible for repurchase at NAV during repurchase offer*1,2
  • All purchases and redemptions are completed through the Fund at NAV

*Limited liquidity provided through quarterly repurchase offers for no less than 5% of the Fund’s shares at net asset value. There is no guarantee that an investor will be able to sell all shares in the repurchase offer.

1You should consider the shares to be an illiquid investment. Even though the Fund will make periodic repurchase offers to repurchase a portion of the shares to provide some liquidity to shareholders, only a limited number of shares will be eligible for repurchase by us. Once each quarter, the Fund will offer to repurchase at net asset value (NAV) per share no less than 5% of the outstanding shares of the Fund, unless such offer is suspended or postponed in accordance with regulatory requirements. The Fund may increase the size of these offerings up to a maximum of 25% of the Fund’s outstanding shares, in the sole discretion of the Board, but is not expected that the Board will do so.

2Investors should understand that valuation issues involving the Fund’s investments in early stage and other private companies have led to delays in the completion of the Fund’s annual audit and the quarterly share repurchase program. A recurrence of this issue would further impact the liquidity of an investor’s shares. See Prospectus for complete Important Risk Disclosures.

3Replicating an endowment fund strategy by diversifying across asset classes involves increased costs which will impact the average individual investor returns.

4The Fund may at times hold a significant portion of investments that are illiquid. Due to limited liquidity, investors may not be able to sell shares at an advantageous price or time.

5Unlike an endowment portfolio, the Fund, by itself, does not constitute a balanced investment program.

Fund InformationA SharesC SharesI Shares
Inception Date12/31/20143/14/20164/28/2017
Dividend FrequencyQuarterlyQuarterlyQuarterly
Minimum Initial / Subsequent Investment$2,500 / $100$2,500 / $100$1M / $10,000

Investment Process Overview

The Fund is managed according to a rigorous investment process by an experienced team of financial professionals.

Establish Targeted Sector Allocation

Aims to enhance portfolio performance while minimizing risk.

Analyze Opportunities

Find investments with highest expected reward for given level of risk.

Estimate Cross Correlation

Determine expected correlation of specific investments within and across sectors.

Sector & Investment Selection

Select allocation and investments with most desirable combination of return potential and portfolio diversification.

Review and Rebalance

Determine where changes can be made that increase return while minimizing risk.