The funds management industry is fundamentally flawed. EGP Capital is here to change this. EGP Capital charges no management fee. We charge a performance fee which is set against a high benchmark. And if you don’t make money then neither do we.
On average, fund managers charge clients around 1.67%p.a. for the privilege of managing their money, regardless of how they perform. History shows around 80% of funds fail to beat their benchmark over a five-year period, there are a lot of investors paying a lot of money for nothing, or in some cases, less than nothing.
EGP is different. Find out more.
The way it should be
What Our Clients are Saying
We followed EGP Capital for about two years before we started our investment. By then, the fund was up almost 100%. As working musicians, we value every dollar and of all our managed funds, we feel most comfortable about our investment with EGP. Tony has a cool head and a unique perspective, two things that can be hard to come by in an investment manager.
Richie Vez and Carmen Smith
We have a significant portion of our personal wealth invested with EGP Capital.
Since our initial investment with the fund, EGP No. 1 has been one of the best performing investments in our portfolio.
In addition to a strong focus on finding value opportunities, I am convinced this strong performance comes down to some of the things that EGP Capital do differently:
1. Alignment - The investment manager has a significant portion of their personal wealth invested in the fund.
So when the fund performs well (or poorly) no one feels it more acutely than the investment manager.
2. Fee structure – EGP Capital is the only fund manager I know who charges a Performance Fee only.
So if they do not exceed the benchmark, they work for free.
3. High Benchmark – EGP Capital is the only fund manager I know that tracks a tax adjusted total returns benchmark.
Other fund managers track a total returns index without adjustment for tax.
This gives them at least a 1% head start per annum while offering no value in return.
Dr Andrew J Ashwood
As someone with a lifetime spent working in the financial services industry, I’m always on the lookout for people doing something different, new or interesting.
When I came across EGP Capital, I had the sense that the operating model was an excellent structure for a boutique fund manager,
with low operating costs and the purely ‘fee for performance’ structure, with the fund manager’s entire investable assets invested alongside me.
EGP Capital has a record stretching over five years of strong, above-market performance with minimal correlation to market movement
and I’m happy to have some of my capital invested in this unique vehicle that I hope to see smaller fund managers adopt.
Chris Cuffe
Latest Thoughts
from the blog
- June 5, 2018
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Update No. 311 – as at COB 31/05/18
Given the tough stretch we’ve had in terms of the market price of our holdings, I committed last month to describing...
- May 3, 2018
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Update No. 310 – as at COB 30/04/18
This month we are going to discuss an investment we have made in an unlisted company called Tellus Holdings Ltd. We...
- April 4, 2018
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Update No. 309 – as at COB 31/03/18
We start with the March sales. We sold our Veris (VRS.ASX) shares this month. Veris is one of the stocks we...
- March 2, 2018
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Update No. 308 – as at COB 28/02/18
As mentioned in the Monthly Newsletter February 2018 was the worst month in the short life of the EGP Concentrated Value Fund....
- February 1, 2018
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Update No. 307 – as at COB 31/01/18
I haven’t prepared a blog relating to a specific EGP investment this month. January has been in part some travel through...
- January 4, 2018
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Update No. 306 – as at COB 31/12/17
We have used December to commence the cleaning of house. When EGPCVF was created, a number of our smaller holdings carried...