I will be brief.
This week saw the market rise 0.94%, and the fund by 0.54%. We underperformed, but the result was still our all-time high.
As I am being so brief this week, I will instead direct you to an article I tweeted to my followers a couple of weeks ago. Most of these opportunities are unlikely to arise again, but if you pay attention, similar opportunities will periodically arise, so keep your eyes peeled – Tony Hansen 24/04/2015
|
|
Apr 1st 2011 |
Jul 1st 2014 |
Current Price |
Since July 1st 2014 |
Since Inception |
|
EGP Fund No. 1 |
1.00000 |
1.56145 |
1.68055*1 |
7.63% |
83.36%*2 |
|
35632.05 |
45991.23 |
52386.02 |
13.90% |
47.02% |
EGP Fund No. 1 Pty Ltd. Up by 7.63%, trailing the benchmark by 6.27% since July 1st 2014. Since inception, EGP Fund No. 1 Pty Ltd is Up by 83.36%, leading the benchmark by 36.34% all-time (April 1st 2011).
*1 after 31May 2013 dividend of 2.333 cents per share plus 1.000 cent per share Franking Credit & 31 May 2014 Dividend of 7.000 cents per share plus 3.000 cent per share Franking Credit
*2 calculated based on dividends reinvested
