Update No. 210 – 10/04/15

I have appended the 3rd quarter report to the reporting tab.

People have asked me why I bothered to make the correction as set out in the 3^rd last paragraph of the report. Although it was an immaterial difference, I defer to Albert Einstein on such matters:

“Whoever is careless with the truth in small matters cannot be trusted with important matters”

Such behaviour is what I would expect if someone else were managing my funds for me, and so it is what those who have entrusted theirs to me will get – Tony Hansen 10/04/2015

EGP Fund No. 1 Pty Ltd. Up by 7.60%, trailing the benchmark by 6.96% since July 1^st 2014. Since inception, EGP Fund No. 1 Pty Ltd is Up by 83.32%, leading the benchmark by 35.44% all-time (April 1^st 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}