MFG 3.64% $9.40 magellan financial group limited

Ann: Funds Under Management - September 2022, page-200

  1. 2,836 Posts.
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    FUM for Magellan is currently trending up. FUM is trending to $AUD53.52B, which looks good on surface. The issue is that this performance is significantly lower than the indices. Here are the tables:
    Magellan's Funds (includes top ten changes only as Magellan are yet to publish the quarterly portfolio)
    https://hotcopper.com.au/data/attachments/4791/4791184-3ab8795cc2aa11fc1195a905d54fdeae.jpg
    Here are the indexes:
    https://hotcopper.com.au/data/attachments/4791/4791207-a95c1c25d008a85ca4525e477b385b47.jpg
    As you can see, significant underperformance. In USD terms, Magellan hasn't even beaten the Nasdaq.

    Here are the detailed portfolios and which are the contributors and detractors so far this month:
    https://hotcopper.com.au/data/attachments/4791/4791210-3f342b444df6341457a0a4f55ca4fdbc.jpg
    https://hotcopper.com.au/data/attachments/4791/4791212-8b98849f24193206a3c3d66387124b42.jpg
    Note: Performance was a lot worse last week, Infrastructure was trending at a -2% loss and Global Equity was only 2% up.

    Best of Luck
    Lost
 
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Last
$9.40
Change
0.330(3.64%)
Mkt cap ! $1.715B
Open High Low Value Volume
$9.04 $9.58 $9.04 $6.573M 697.9K

Buyers (Bids)

No. Vol. Price($)
11 2098 $9.39
 

Sellers (Offers)

Price($) Vol. No.
$9.40 687 7
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