We are delighted to deliver the year-end NAV of 2018 finally.
We appreciate that you have had to wait for the year-end NAV for far too long but we are more than happy that EPF ended 2018 with a respectable 0,34% ( share class A) Unfortunately, as mentioned in previous NAV’s, the fund still suffered a cash drag in December of 46,%.
At the present pace of releasing one NAV per week, I expect EPF to be current with the publication of the NAV by the middle of June. We are looking forward to releasing the March NAV, which will confirm the improvement in performance that we have alluded to in past commentaries.
Finally, may I thank all investors who have remained loyal, your patience will be rewarded with improved performance from March 2019.