My question is if these funds are taken out of MFG group to invest some where else, Where is that? MFG recent performance has reversed the underperformance to indexes and funds, which it faced for12 to 18 months back. What is the point in moving now after having missed the peak of underperformance.
Any idea what is better place to move the funds on latest and current performance rather than 12 months old data. As I said before to 3 months to December 21 underperformance has narrowed to 0.7% from about 15% or so. Isn’t too late?
Ann: Funds Under Management Update, page-35
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