MGF 0.00% $2.21 magellan global fund.

Ann: MGF Fund Update - February 2021, page-375

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  1. 647 Posts.
    lightbulb Created with Sketch. 59
    That is a big move up from $1.30 to $1.48 in your bid.
    I have noticed that Magellan through their funds are buying their own units to support the price.
    This offers stability to the unit price.

    USA is currently reporting and 83% of companies have beaten their forecast is a good sign.
    Netflicks ( I subscribe too) has fallen from $600ish to $200ish is a concern but apparently competition is fierce.
    Google and Microsoft on the day they reported also fell.
    NASDAQ has fallen now 21% and in bear territtory.

    I hold MFG but not adding until the Nasdaq reverses.
    Good luck to holders!
 
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