me too. MFG portfolio will always do well if the market is doing reasonably well. Other funds taking much more risk could do better than MFG on few occasions, but long term MFG will perform better. When is the market going to realise that first half results of MFG is going to be 15% better than last year. Are they waiting for actual results to be published.? Two great nights in USA market and the FUM is back at A$ 114B. That is despite loosing about A$1B on unfavourable FX movement.
MFG Price at posting:
$32.11 Sentiment: Buy Disclosure: Held
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