EGP Concentrated Value Fund
LATEST UNIT PRICE
EGP Concentrated Value Fund (The Fund)
The investment objective of The Fund is to achieve the best possible risk adjusted pre-tax returns. The Fund seeks to outperform the S&P/ ASX 200 Total Return Index by 3-5% p.a. as measured over rolling 5 year periods. The sole focus will be to earn the highest possible returns whilst taking on the least risk possible in doing so as judged by the Fund Manager. Whilst absolute returns are the focus, in the event of a year of substantial declines in Australian and global markets, the Fund will likely also return a negative result.
The Fund typically invests in a highly concentrated portfolio of about 30 high conviction investments. The Fund has a broad mandate and may choose to invest globally.
Fundhost Ltd (ABN 69 092 517 087, AFSL 233045) is the trustee of the EGP Concentrated Value Fund. The Investment Manager is EGP Capital Pty Ltd.
The price you receive
The Fund is forward priced, you will receive the price struck subsequent to the receipt of your application/redemption request.
A unit holder meeting was held today (25-01-2021) for the EGP Concentrated Value Fund (ARSN: 69 092 517 087), and we advise that 100% of unit holders that voted, voted in favour of the resolution. As such the resolution passed successfully and the performance fee formula will be amended as described in the Notice of Meeting which can be found on the left column of this webpage. The updated formula will be used to calculate the performance fee starting the end of January 2021.
A new PDS will be issued on the 29th of January 2021.