EGP Concentrated Value Fund is now closed to new investors. The Product Disclosure Statement describes the funds operation.
The fund will close when $90m of AUM is again attained. We re-opened after the significant stock market falls in the early part of 2020.
We still intend to launch a product aimed at broadening the zero-fee fund managers available to the market. The product is intended to be a “fund of fund” style product, but with the notable exception that the underlying fund managers will not charge management fees. This will likely be in 2021 or beyond, depending on how quickly the fund can regain the falls sustained in early 2020 and close. Email us to express interest.