I disagree that there is diversification in Magellan. The overwhelming majority of FUM @ Magellan is global equities, which makes them a one-trick pony, and the pony's legs are broken.
A truly diversified manager is someone like Macquarie, BlackRock, and State Street. They not only have so many funds and products, but other lines of businesses too and in the latter's case, active and passive.
MFG in the BUY zone, page-1085
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Last
$8.86 |
Change
-0.140(1.56%) |
Mkt cap ! $1.597B | |||
| Open | High | Low | Value | Volume |
| $8.90 | $8.92 | $8.77 | $4.127M | 466.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1818 | $8.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.88 | 2746 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |