Yes I am aware that most international investment managers will use the MSCI world index. The return for the world index was 5.8% for the month of October. The SP500 makes up the bulk of this index and if you look at the underlying holdings in MFG funds you will see they are predominantly SP500 companies, so this is probably a better bench mark to get an idea of how MFG's underlying assets are performing. Just look at the company symbols on their homepage - every company apart from SAP is domiciled in the US.
Ann: Funds Under Management - October 2021, page-11
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$9.50 |
Change
0.430(4.74%) |
Mkt cap ! $1.717B | |||
| Open | High | Low | Value | Volume |
| $9.04 | $9.58 | $9.04 | $13.81M | 1.462M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.51 | 1694 | 1 |
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