Just out of curiosity... I am guessing FUM is very closely correlated to how the market is performing. And this correlation will likely have a Beta greater than 1 (that in a rising market inflows are likely to be larger and in a falling market we will have redemptions). I really like the FID model, but in the case of a 20% market "correction" in the next 1-3 years how would this impact the FUM of FID? Would such a correction put FID back into neutral or no profit territory or are we well past that stage?
Ann: Half Yearly Results and Financial Report (incl Appendix 4D), page-9
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Last
$11.18 |
Change
-0.050(0.45%) |
Mkt cap ! $352.9M | |||
| Open | High | Low | Value | Volume |
| $11.19 | $11.29 | $11.10 | $206.6K | 18.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 839 | $11.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.18 | 1211 | 1 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| FID (ASX) Chart |