• Portfolio performance down 4.0% in Q4 2024
• No new companies added or removed from portfolio
• Investment manager recognized with industry awards

ECP Emerging Growth Ltd has released its shareholders' quarterly report for the period ending December 2024. The report highlights that the ECP portfolio declined 4.0% during the quarter, underperforming the ASX Small Ordinaries Index which fell 1.5% and the ASX All Ordinaries Index which declined 1.4%. The company's net tangible asset (NTA) value per share closed at 170.3 cents, a decrease of 8.6% from the prior quarter. The report notes that no new companies were added to the portfolio and none were removed during the quarter. The investment manager, ECP Asset Management, was recognized at the 2024 Australian Fund Manager Awards, receiving the Golden Bull Award for the best Large-Cap Aussie Equities Manager and the Best Funds Management Analyst Award. Various members of the investment management team were also featured in industry publications and podcasts over the period.The report provides a detailed market commentary, covering developments in the US, Europe, and Australia. It notes that US shares advanced following Donald Trump's victory in the US presidential election, while other regional markets came under pressure amid concerns over trade tariffs. In Australia, equities declined with the ASX All Ordinaries falling 1.5% for the quarter.The report also includes information on the company's structure, fees, and reporting, as well as contact details for further information.